SHA:688778 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	-	1,754	1,649	1,200	1,017	428.52
Trading Asset Securities	-	300.03	502.77	504.16	450.23	200.54
Cash & Short-Term Investments	1,961	2,054	2,151	1,704	1,467	629.06
Cash Growth	-17.54%	-4.54%	26.28%	16.16%	133.16%	126.35%
Accounts Receivable	-	5,678	3,692	3,973	6,145	3,131
Other Receivables	-	10.62	39.56	5.77	6.12	17.75
Receivables	-	5,688	3,731	3,979	6,152	3,149
Inventory	-	6,822	2,511	1,964	3,352	2,873
Other Current Assets	-	659.13	303.94	186.55	82.34	302.18
Total Current Assets	-	15,224	8,698	7,833	11,052	6,953
Property, Plant & Equipment	-	5,558	5,285	4,696	3,833	3,323
Long-Term Investments	-	418.33	416.66	397.21	100.26	-
Other Intangible Assets	-	468.3	379.78	377.54	280.23	242.33
Long-Term Deferred Tax Assets	-	239.4	174.24	125.59	108.38	85.89
Long-Term Deferred Charges	-	39.87	15.28	17.26	-	-
Other Long-Term Assets	-	10.19	15.1	34.89	9.52	74.76
Total Assets	-	21,958	14,984	13,481	15,384	10,679
Accounts Payable	-	5,852	2,508	1,400	4,885	4,651
Accrued Expenses	-	4,845	1,749	21.85	23.8	15.08
Short-Term Debt	-	134.13	135.11	1,764	70.06	6.38
Current Portion of Long-Term Debt	-	415.11	83.74	26.05	622.29	252.29
Current Portion of Leases	-	13.32	8.03	7.09	4.83	2.34
Current Income Taxes Payable	-	89.28	16.74	4.49	79.24	52.55
Current Unearned Revenue	-	581.89	427.82	4.3	5.52	11.59
Other Current Liabilities	-	110.11	65.47	542.29	311.6	217.9
Total Current Liabilities	-	12,041	4,993	3,770	6,002	5,210
Long-Term Debt	-	84.42	466.01	704.66	870.79	1,383
Long-Term Leases	-	6.52	2.7	10.75	10.34	1.82
Long-Term Unearned Revenue	-	222.42	206.84	124.48	119.34	120
Long-Term Deferred Tax Liabilities	-	6.02	6.24	8.17	6.74	4.07
Other Long-Term Liabilities	-	-	15.05	24.05	24.05	24.06
Total Liabilities	-	12,360	5,690	4,642	7,033	6,743
Common Stock	-	504.69	420.77	420.77	300.55	251.57
Additional Paid-In Capital	-	5,818	6,101	6,022	6,142	2,861
Retained Earnings	-	2,897	2,411	2,138	1,761	766.52
Treasury Stock	-	-40.68	-35.69	-	-	-
Comprehensive Income & Other	-	11.87	-8.04	0.61	-4	0.74
Total Common Equity	9,419	9,191	8,889	8,582	8,200	3,880
Minority Interest	-	405.88	404.73	257.79	150.62	56.33
Shareholders' Equity	9,832	9,597	9,293	8,839	8,350	3,937
Total Liabilities & Equity	-	21,958	14,984	13,481	15,384	10,679
Total Debt	457.21	653.5	695.59	2,512	1,578	1,646
Net Cash (Debt)	1,504	1,400	1,456	-808.44	-111.55	-1,017
Net Cash Growth	-	-3.82%	-	-	-	-
Net Cash Per Share	3.01	2.78	2.90	-1.60	-0.25	-2.89
Filing Date Shares Outstanding	502.18	503.52	503.52	504.93	504.93	422.64
Total Common Shares Outstanding	502.18	503.52	503.52	504.93	504.93	422.64
Working Capital	-	3,183	3,704	4,063	5,050	1,744
Book Value Per Share	18.83	18.25	17.65	17.00	16.24	9.18
Tangible Book Value	8,954	8,723	8,509	8,204	7,919	3,638
Tangible Book Value Per Share	17.90	17.32	16.90	16.25	15.68	8.61
Buildings	-	2,451	1,836	1,491	1,477	1,131
Machinery	-	4,669	3,616	3,434	3,247	2,483
Construction In Progress	-	658.28	1,675	1,178	179.39	515.78