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	Mar '26 Mar 31, 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	1,861	1,754	1,635	1,200	1,017	428.52
Trading Asset Securities	100.02	300.03	502.77	504.16	450.23	200.54
Cash & Short-Term Investments	1,961	2,054	2,138	1,704	1,467	629.06
Cash Growth	-11.02%	-3.93%	25.48%	16.16%	133.16%	126.35%
Accounts Receivable	4,363	5,678	3,673	3,973	6,145	3,131
Other Receivables	11.39	10.62	6.35	5.77	6.12	17.75
Receivables	4,374	5,688	3,679	3,979	6,152	3,149
Inventory	8,757	6,822	2,476	1,964	3,352	2,873
Other Current Assets	906.49	659.13	278.81	186.55	82.34	302.18
Total Current Assets	16,000	15,224	8,571	7,833	11,052	6,953
Property, Plant & Equipment	5,520	5,558	5,205	4,696	3,833	3,323
Long-Term Investments	427.56	418.33	416.66	397.21	100.26	-
Other Intangible Assets	464.53	468.3	368.66	377.54	280.23	242.33
Long-Term Deferred Tax Assets	239.15	239.4	159.61	125.59	108.38	85.89
Long-Term Deferred Charges	35.41	39.87	11.79	17.26	-	-
Other Long-Term Assets	13.59	10.19	14.31	34.89	9.52	74.76
Total Assets	22,700	21,958	14,747	13,481	15,384	10,679
Accounts Payable	11,843	11,007	2,508	1,400	4,885	4,651
Accrued Expenses	40.5	18.92	50.09	21.85	23.8	15.08
Short-Term Debt	33.73	134.13	1,832	1,764	70.06	6.38
Current Portion of Long-Term Debt	91.48	428.44	83.74	26.05	622.29	252.29
Current Portion of Leases	-	-	8.03	7.09	4.83	2.34
Current Income Taxes Payable	73.55	195.27	16.74	4.49	79.24	52.55
Current Unearned Revenue	125.29	154.61	2.62	4.3	5.52	11.59
Other Current Liabilities	88.75	102.53	487.54	542.29	311.6	217.9
Total Current Liabilities	12,297	12,041	4,989	3,770	6,002	5,210
Long-Term Debt	327.13	84.42	466.01	704.66	870.79	1,383
Long-Term Leases	4.87	6.52	2.7	10.75	10.34	1.82
Long-Term Unearned Revenue	233.88	222.42	206.84	124.48	119.34	120
Long-Term Deferred Tax Liabilities	5.37	6.02	5.56	8.17	6.74	4.07
Other Long-Term Liabilities	-	-	15.05	24.05	24.05	24.06
Total Liabilities	12,868	12,360	5,685	4,642	7,033	6,743
Common Stock	504.69	504.69	420.77	420.77	300.55	251.57
Additional Paid-In Capital	5,818	5,818	6,022	6,022	6,142	2,861
Retained Earnings	3,117	2,897	2,339	2,138	1,761	766.52
Treasury Stock	-40.68	-40.68	-35.69	-	-	-
Comprehensive Income & Other	19.09	11.87	-8.14	0.61	-4	0.74
Total Common Equity	9,419	9,191	8,737	8,582	8,200	3,880
Minority Interest	413.44	405.88	325.04	257.79	150.62	56.33
Shareholders' Equity	9,832	9,597	9,062	8,839	8,350	3,937
Total Liabilities & Equity	22,700	21,958	14,747	13,481	15,384	10,679
Total Debt	457.21	653.5	2,392	2,512	1,578	1,646
Net Cash (Debt)	1,504	1,400	-254.64	-808.44	-111.55	-1,017
Net Cash Per Share	3.01	2.78	-0.51	-1.60	-0.25	-2.89
Filing Date Shares Outstanding	500.2	506.86	503.52	504.93	504.93	422.64
Total Common Shares Outstanding	500.2	506.86	503.52	504.93	504.93	422.64
Working Capital	3,703	3,183	3,583	4,063	5,050	1,744
Book Value Per Share	18.83	18.13	17.35	17.00	16.24	9.18
Tangible Book Value	8,954	8,723	8,369	8,204	7,919	3,638
Tangible Book Value Per Share	17.90	17.21	16.62	16.25	15.68	8.61
Buildings	-	-	1,790	1,491	1,477	1,131
Machinery	-	-	3,502	3,434	3,247	2,483
Construction In Progress	-	-	1,673	1,178	179.39	515.78

Source: S&P Global Market Intelligence. Standard template. Financial Sources.