| (Q1)Mar 31, 2026 | (FY)Dec 31, 2025 | (Q9)Sep 30, 2025 | (Q6)Jun 30, 2025 | (Q1)Mar 31, 2025 | (FY)Dec 31, 2024 | (Q9)Sep 30, 2024 | (Q6)Jun 30, 2024 | (Q1)Mar 31, 2024 | (FY)Dec 31, 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Current assets | ||||||||||
| Money funds | -6.04%2.08B | -36.80%1.92B | -39.06%1.67B | -11.01%2.13B | -6.83%2.21B | 6.03%3.04B | -26.65%2.74B | -1.81%2.39B | -16.07%2.37B | -18.49%2.86B |
| Transactional financial assets | -99.99%11.5K | -38.38%80.14M | -78.39%61.32M | -71.32%111.1M | -76.83%135.21M | -92.27%130.05M | --283.74M | 672.85%387.3M | --583.52M | --1.68B |
| Notes receivable and accounts receivable | 83.21%3.21B | 42.97%2.3B | -10.60%1.79B | -35.58%1.57B | 3.59%1.75B | -29.54%1.61B | -28.76%2.01B | -0.60%2.43B | -35.64%1.69B | -47.72%2.28B |
| -Notes receivable | ---- | ---- | ---- | ---- | ---- | --14.4M | --14.4M | ---- | ---- | ---- |
| -Accounts receivable | 83.21%3.21B | 44.27%2.3B | -9.95%1.79B | -35.58%1.57B | 3.59%1.75B | -30.17%1.59B | -29.27%1.99B | -0.60%2.43B | -35.64%1.69B | -47.72%2.28B |
| Other receivables (including interest and dividends) | -47.74%26.89M | -46.67%19.33M | -35.08%28.88M | -8.06%46.55M | 62.54%51.46M | 4.06%36.24M | 86.21%44.49M | -21.03%50.63M | 7.88%31.66M | 23.41%34.83M |
| -Dividend receivable | ---- | ---- | ---- | ---- | ---- | ---- | ---- | -55.43%17.49M | ---- | ---- |
| -Other receivable | ---- | -46.67%19.33M | ---- | 40.45%46.55M | ---- | 4.06%36.24M | ---- | 33.25%33.14M | ---- | 23.41%34.83M |
| Advance payment | 137.95%160.37M | 78.83%79.66M | -5.66%123.77M | 0.17%116.29M | -11.50%67.4M | -54.82%44.54M | -22.13%131.2M | -74.96%116.09M | -44.70%76.15M | -63.41%98.6M |
| Inventories | 142.06%2B | 27.01%1.25B | 25.22%1.21B | -13.85%891.3M | -25.22%825.84M | 16.05%981.33M | -41.43%965.59M | -54.34%1.03B | -55.71%1.1B | -83.53%845.59M |
| Receivable financing | -45.28%660.9M | -58.80%280.35M | -49.25%804.47M | -21.15%974.51M | -27.87%1.21B | -31.25%680.37M | -60.46%1.59B | -80.87%1.24B | -76.91%1.67B | -77.75%989.7M |
| Assets held for sale | ---- | ---- | ---- | ---- | --2.11M | ---- | ---- | ---- | ---- | ---- |
| Non-current assets due within one year | -64.05%3.33M | -93.06%1.9M | -93.02%1.9M | -74.39%6.94M | -27.39%9.25M | 117.00%27.37M | --27.24M | --27.11M | --12.74M | --12.61M |
| Other current assets | -21.78%334.74M | -21.11%365.84M | -11.55%343.6M | -12.59%398.04M | 10.49%427.97M | 18.35%463.72M | 12.08%388.48M | 35.37%455.37M | 2.02%387.33M | -28.54%391.82M |
| Total current assets | 26.64%8.47B | -10.22%6.29B | -26.13%6.04B | -23.25%6.24B | -15.69%6.69B | -23.84%7.01B | -35.90%8.17B | -44.00%8.13B | -49.62%7.93B | -49.74%9.2B |
| Non Current assets | ||||||||||
| Debt investment | ---- | ---- | -77.30%20.62M | -70.93%20.48M | --30.57M | --30.38M | --90.83M | --70.46M | ---- | ---- |
| Other equity investment | 47.96%476.47M | 107.04%662.14M | 64.85%589.19M | 29.14%379.12M | -32.04%322.02M | -43.05%319.82M | -38.14%357.42M | -59.35%293.58M | -28.68%473.86M | -21.55%561.53M |
| Investment real estate | -3.52%76.1M | -3.49%76.79M | -2.99%77.85M | -2.96%78.54M | -3.36%78.88M | -3.33%79.57M | -0.60%80.24M | -0.56%80.93M | -1.47%81.62M | -1.44%82.31M |
| Long-term equity investment | -63.59%65.44M | -3.29%171.93M | 1.42%179.66M | 1.59%179.28M | 2.18%179.7M | 1.29%177.77M | 1.96%177.15M | 71.58%176.48M | 66.51%175.87M | 79.88%175.51M |
| Long term receivable account | 964.29%42.47M | 309.52%16.34M | -47.62%2.09M | -47.62%2.09M | -77.30%3.99M | -75.29%3.99M | -86.07%3.99M | -86.00%3.99M | -33.63%17.58M | -38.72%16.15M |
| Fixed assets | ---- | 21.20%6.44B | ---- | 17.17%6.09B | ---- | -2.30%5.32B | ---- | 18.08%5.19B | ---- | 35.14%5.44B |
| Constru in process | ---- | -64.23%847.98M | ---- | -47.28%1.57B | ---- | -19.22%2.37B | ---- | -23.54%2.98B | ---- | -18.05%2.93B |
| Intangible assets | -2.38%653.45M | -2.38%658.27M | -2.85%660.15M | -3.01%665.01M | -3.23%669.39M | 17.37%674.29M | 31.20%679.51M | 64.60%685.63M | 79.66%691.72M | 49.32%574.51M |
| Long deferred expense | -16.83%111.63M | -29.71%111.31M | -36.21%112.97M | -29.64%127.6M | -34.56%134.22M | -29.24%158.36M | -19.47%177.09M | -20.11%181.36M | -8.48%205.1M | 0.44%223.79M |
| Deferred tax assets | -6.68%647.99M | 4.17%691.17M | 20.31%712.75M | 24.62%720.21M | 39.86%694.35M | 46.34%663.5M | 30.45%592.41M | 27.62%577.93M | 26.32%496.45M | 84.98%453.4M |
| Usufruct assets | -13.90%821.29M | -13.88%833.79M | -13.17%846.56M | -12.02%868.92M | -4.81%953.84M | -4.74%968.17M | -21.36%975.01M | -21.25%987.6M | -18.62%1B | -15.73%1.02B |
| Other non current assets | -66.66%20.63M | -73.58%9.69M | 106.35%35.7M | 171.30%41.96M | 185.42%61.89M | -29.76%36.68M | -81.22%17.3M | -91.76%15.47M | -88.90%21.68M | -73.43%52.22M |
| Total non current assets | -6.20%10.13B | -2.56%10.52B | -3.10%10.87B | -4.50%10.74B | -5.69%10.8B | -6.35%10.8B | -5.35%11.22B | -4.43%11.24B | 0.76%11.45B | 6.92%11.53B |
| Total assets | 6.36%18.6B | -5.58%16.82B | -12.80%16.91B | -12.37%16.98B | -9.78%17.49B | -14.11%17.81B | -21.18%19.39B | -26.29%19.38B | -28.50%19.38B | -28.73%20.73B |
| Liabilities | ||||||||||
| Current liabilities | ||||||||||
| Short term loan | -15.30%1.79B | 7.84%1.88B | 91.89%2.13B | 192.34%2.34B | 126.33%2.11B | 46.41%1.75B | -50.30%1.11B | -76.74%801.87M | -77.59%932.08M | -74.58%1.19B |
| Transactional financial liabilities | ---- | ---- | ---- | 1,235.12%1.26M | -50.62%301.38K | 8,182.17%5.55M | ---- | --94.7K | --610.3K | --67K |
| Notes payable and accounts payable | 21.21%4.39B | -13.25%3.69B | -30.12%3.59B | -29.25%3.35B | 0.86%3.62B | -1.50%4.26B | 2.78%5.14B | -14.09%4.73B | -31.06%3.59B | -39.82%4.32B |
| -Notes payable | 10.69%1.93B | -14.12%1.68B | -35.73%1.9B | -32.92%1.45B | 53.61%1.74B | 44.15%1.95B | 93.56%2.96B | 43.94%2.16B | -42.79%1.13B | -49.51%1.35B |
| -Accounts payable | 30.93%2.46B | -12.51%2.02B | -22.52%1.69B | -26.17%1.9B | -23.46%1.88B | -22.34%2.3B | -37.14%2.18B | -35.80%2.57B | -23.87%2.46B | -34.04%2.97B |
| Contract liabilities | -32.83%66.47M | 4.95%59.19M | 16.08%79.91M | -56.42%31.81M | 23.65%98.96M | -30.92%56.4M | -48.12%68.84M | -70.54%73M | -81.23%80.03M | -86.21%81.65M |
| Salaries payable | -7.72%36.12M | -1.20%77.57M | -11.12%36.53M | -16.40%38.13M | -6.53%39.14M | 8.66%78.51M | -33.12%41.1M | -27.90%45.62M | -27.25%41.88M | -47.33%72.25M |
| Taxs payable | 116.21%36.45M | 60.84%26.16M | 16.63%15.8M | 32.40%21.67M | -70.44%16.86M | -0.27%16.27M | -14.81%13.55M | -66.97%16.37M | -17.04%57.02M | -94.01%16.31M |
| Other payable (including interest and dividends) | 120.80%77.08M | 83.13%71.96M | 31.65%61.78M | -15.49%39.67M | -30.90%34.91M | -36.77%39.3M | -32.26%46.93M | -34.69%46.95M | -32.35%50.52M | -23.75%62.15M |
| -Other payable | ---- | 83.13%71.96M | ---- | -15.49%39.67M | ---- | -36.77%39.3M | ---- | -34.69%46.95M | ---- | -23.75%62.15M |
| Non current liabilities due within one year | 86.93%2.24B | -29.82%1.23B | -58.92%980.78M | -58.13%1.08B | -52.81%1.2B | -14.67%1.76B | 17.31%2.39B | 33.86%2.57B | 108.69%2.54B | 69.71%2.06B |
| Other current liabilities | -32.83%8.64M | 4.94%7.69M | 16.07%10.39M | -56.42%4.14M | 23.65%12.86M | -30.92%7.33M | -48.12%8.95M | -70.54%9.49M | -81.23%10.4M | -86.21%10.61M |
| Total current liabilities | 21.15%8.64B | -11.45%7.05B | -21.67%6.91B | -16.75%6.9B | -2.33%7.13B | 1.88%7.96B | -7.83%8.82B | -26.86%8.29B | -35.19%7.3B | -45.13%7.81B |
| Current liabilities | ||||||||||
| Long term loan | -28.89%1.55B | 11.19%2.01B | 6.49%2.01B | 0.03%2.08B | -10.84%2.17B | -39.66%1.81B | -53.52%1.89B | -45.99%2.08B | -44.21%2.44B | 21.07%3B |
| Long term account payable | ---- | 208.06%708.8M | ---- | 132.28%583.78M | ---- | -27.67%230.08M | ---- | -56.88%251.32M | ---- | -59.87%318.11M |
| Long term deferred income | 4.66%302.34M | 12.79%299.63M | 18.95%285.9M | 30.44%290.59M | 26.77%288.88M | 19.18%265.66M | 4.40%240.36M | 4.96%222.78M | 55.44%227.88M | 77.59%222.9M |
| Lease liabilities | 3.05%674.99M | 3.23%678.71M | 4.08%681.91M | 6.36%700.59M | -0.83%655.02M | -0.76%657.48M | -22.17%655.17M | -22.49%658.7M | -19.66%660.54M | -16.76%662.51M |
| Total non current liabilities | -0.82%3.63B | 24.85%3.7B | 19.04%3.58B | 13.78%3.66B | -0.02%3.66B | -29.50%2.96B | -46.19%3B | -41.55%3.21B | -38.88%3.66B | 0.28%4.2B |
| Total liabilities | 13.70%12.27B | -1.60%10.75B | -11.33%10.48B | -8.23%10.56B | -1.56%10.79B | -9.09%10.93B | -21.96%11.82B | -31.65%11.51B | -36.47%10.96B | -34.81%12.02B |
| Shareholders equity | ||||||||||
| Paid-in capital | 0.00%280.19M | 0.00%280.19M | 0.00%280.19M | 0.00%280.19M | 0.34%280.19M | 0.34%280.19M | 0.34%280.19M | 0.34%280.19M | 60.70%279.24M | 60.70%279.24M |
| Capital reserve funds | -1.56%5.55B | -1.52%5.54B | -1.16%5.54B | -0.48%5.59B | 0.87%5.63B | 1.23%5.62B | 1.70%5.61B | 2.61%5.62B | 1.45%5.58B | 2.61%5.56B |
| Surplus reserve funds | -9.38%44.16M | 0.00%48.73M | 0.00%48.73M | 0.00%48.73M | 0.00%48.73M | 0.00%48.73M | 0.00%48.73M | 0.00%48.73M | 0.00%48.73M | 0.00%48.73M |
| Retained profit | -350.11%-307.2M | -283.15%-531.01M | -131.54%-254.18M | -109.07%-100.83M | -91.49%122.83M | -82.19%289.94M | -64.46%805.94M | -49.92%1.11B | -46.97%1.44B | -52.66%1.63B |
| Less:Treasury stock | -57.91%44.17M | -57.91%44.17M | -47.43%55.17M | 5.00%104.95M | 162.57%104.95M | --104.95M | --104.95M | --99.95M | 588.34%39.97M | ---- |
| Other composite income | 48.88%-301.83M | 49.13%-301.28M | 35.16%-363.29M | 11.83%-541.85M | -27.98%-590.38M | -53.12%-592.25M | -50.23%-560.3M | -145.62%-614.56M | -54.09%-461.32M | -51.28%-386.8M |
| Specific reserves | --721.05K | ---- | ---- | ---- | ---- | ---- | ---- | ---- | ---- | ---- |
| Shareholders equity without minority interests | -3.20%5.22B | -10.00%4.99B | -14.45%5.2B | -18.48%5.17B | -21.37%5.39B | -22.16%5.55B | -21.44%6.08B | -18.38%6.34B | -15.83%6.85B | -19.17%7.12B |
| Minority interests | -14.84%1.11B | -19.69%1.07B | -17.79%1.22B | -18.26%1.25B | -16.63%1.31B | -15.98%1.34B | -13.07%1.49B | -9.17%1.53B | -8.37%1.57B | -13.74%1.59B |
| Total shareholder equity | -5.47%6.33B | -11.88%6.07B | -15.11%6.43B | -18.43%6.42B | -20.49%6.7B | -21.03%6.88B | -19.92%7.57B | -16.74%7.87B | -14.54%8.42B | -18.23%8.72B |
| Total liabilityies and equity | 6.36%18.6B | -5.58%16.82B | -12.80%16.91B | -12.37%16.98B | -9.78%17.49B | -14.11%17.81B | -21.18%19.39B | -26.29%19.38B | -28.50%19.38B | -28.73%20.73B |
| Currency Unit | CNY | CNY | CNY | CNY | CNY | CNY | CNY | CNY | CNY | CNY |
| Accounting Standards | CAS (2007) | CAS (2007) | CAS (2007) | CAS (2007) | CAS (2007) | CAS (2007) | CAS (2007) | CAS (2007) | CAS (2007) | CAS (2007) |
| Audit Opinions | -- | Unqualified opinion | -- | -- | -- | Unqualified opinion | -- | -- | -- | Unqualified opinion |
| Auditor | -- | Rongcheng Certified Public Accountants (Special General Partnership) | -- | -- | -- | Rongcheng Certified Public Accountants (Special General Partnership) | -- | -- | -- | Rongcheng Certified Public Accountants (Special General Partnership) |
FY: Financial Year. Refers to the 10-K file disclosed by the listed company to the SEC.
Q: Quarter. Refers to the 10-Q file disclosed by the listed company to the SEC. Q1, Q2, Q3, and Q4 are quarterly reports each with a span of 3 months; Q6 and Q9 are cumulative reports, with Q6 including 6 months and Q9 9 months.