SHA:688783 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	2,333	3,526	3,350	2,171	5,748	1,679
Trading Asset Securities	1,121	1,752	-	-	-	-
Cash & Short-Term Investments	3,454	5,279	3,350	2,171	5,748	1,679
Cash Growth	59.11%	57.57%	54.33%	-62.23%	242.23%	-
Accounts Receivable	723.05	659.78	632.44	351.58	392.34	94.51
Other Receivables	1.99	1.79	27.38	11.52	7.97	12.5
Receivables	725.04	661.57	659.82	363.09	400.31	107.01
Inventory	1,477	1,362	1,062	943.67	654.72	183.03
Other Current Assets	82.2	71.02	103.05	239.27	100.15	48.25
Total Current Assets	5,738	7,373	5,175	3,717	6,903	2,018
Property, Plant & Equipment	12,402	12,280	11,442	10,871	7,702	4,045
Long-Term Investments	331.31	231.28	161.51	187.65	-	-
Other Intangible Assets	224.62	228.68	228.52	197.85	164.46	165.42
Long-Term Deferred Charges	62.09	62.84	63.76	42.26	-	-
Other Long-Term Assets	479.9	522.27	350.91	481.72	578.75	1,010
Total Assets	19,238	20,698	17,422	15,498	15,348	7,238
Accounts Payable	718.8	645.27	661.01	219.2	245.71	59.78
Accrued Expenses	64.77	65.44	78.12	63.69	59.99	39.82
Short-Term Debt	16.76	16.76	-	76.24	118.38	-
Current Portion of Long-Term Debt	2,028	1,550	941.58	369.33	272.25	-
Current Portion of Leases	-	16.18	20.87	-	-	-
Current Income Taxes Payable	8.4	0	-	9.25	12.67	8.62
Current Unearned Revenue	0.69	1.18	1.42	0.42	0.78	0.16
Other Current Liabilities	962.15	1,002	1,042	1,517	1,155	657.51
Total Current Liabilities	3,800	3,297	2,745	2,255	1,865	765.9
Long-Term Debt	2,844	4,713	5,868	3,734	1,701	-
Long-Term Leases	166.43	168.57	176.64	185.33	3.49	0.04
Long-Term Unearned Revenue	160.53	103.27	118.06	99.71	59.32	40.54
Other Long-Term Liabilities	-	-	-	-0	-	-
Total Liabilities	6,970	8,281	8,907	6,274	3,629	806.48
Common Stock	4,038	4,038	3,500	3,500	2.24	1.15
Additional Paid-In Capital	11,011	11,003	6,981	6,927	10,358	4,179
Retained Earnings	-2,824	-2,666	-1,928	-1,190	-971.47	-559.65
Comprehensive Income & Other	42.97	42.09	-38.79	-13.55	0	0
Total Common Equity	12,268	12,417	8,515	9,224	9,389	3,620
Minority Interest	-	-	-	-	2,329	2,812
Shareholders' Equity	12,268	12,417	8,515	9,224	11,719	6,432
Total Liabilities & Equity	19,238	20,698	17,422	15,498	15,348	7,238
Total Debt	5,055	6,464	7,007	4,365	2,096	0.04
Net Cash (Debt)	-1,601	-1,186	-3,657	-2,194	3,652	1,679
Net Cash Growth	-	-	-	-	117.45%	-
Net Cash Per Share	-0.44	-0.34	-1.04	-0.65	-	-
Filing Date Shares Outstanding	4,038	4,038	3,500	3,500	-	-
Total Common Shares Outstanding	4,038	4,038	3,500	3,500	-	-
Working Capital	1,938	4,077	2,430	1,462	5,038	1,252
Book Value Per Share	3.04	3.08	2.43	2.64	-	-
Tangible Book Value	12,043	12,188	8,286	9,026	9,225	3,455
Tangible Book Value Per Share	2.98	3.02	2.37	2.58	-	-
Buildings	-	2,019	1,920	1,040	1,039	990.68
Machinery	-	11,736	10,867	8,029	6,499	2,766
Construction In Progress	-	1,902	887.22	3,096	888.63	563.82