HKG:0107 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	2,561	4,389	2,953	1,983	2,588	3,839
Short-Term Investments	-	111.88	63.34	-	-	-
Trading Asset Securities	20.55	0.52	0.49	0.37	0.37	0.42
Cash & Short-Term Investments	2,582	4,502	3,017	1,983	2,588	3,840
Cash Growth	-42.80%	49.23%	52.10%	-23.38%	-32.59%	18.81%
Accounts Receivable	120.06	287.87	279.49	344.86	369.8	1,655
Other Receivables	299.44	118.64	86.45	309.46	627.93	238.34
Receivables	419.5	406.51	365.94	654.32	1,001	1,905
Inventory	34.6	20.78	29.87	119.82	30.08	63.07
Prepaid Expenses	-	6.67	0.69	-	-	-
Other Current Assets	1,011	785.48	670.61	1,368	741.2	877.13
Total Current Assets	4,047	5,721	4,084	4,126	4,361	6,685
Property, Plant & Equipment	1,274	1,251	1,140	1,069	913.32	811.75
Long-Term Investments	851.58	871.17	853.35	623.18	723.61	891.23
Goodwill	-	-	-	-	7.58	-
Other Intangible Assets	57,188	53,180	52,003	49,806	46,476	29,500
Long-Term Accounts Receivable	-	1,719	1,724	1,539	1,321	1,430
Long-Term Deferred Tax Assets	194.99	79.24	133.31	131.88	130.51	41.11
Long-Term Deferred Charges	11.3	10.21	20.84	27.23	31.65	25.3
Other Long-Term Assets	4,202	875.33	1,112	336.35	241.27	1,342
Total Assets	67,768	63,708	61,070	57,659	56,406	40,729
Accounts Payable	1,231	1,217	1,723	1,669	1,215	888.55
Accrued Expenses	366.23	423.78	439.57	426.38	404.16	321.23
Short-Term Debt	510	10.01	710.5	410.21	10.01	65.18
Current Portion of Long-Term Debt	-	1,238	1,617	2,787	2,168	1,304
Current Portion of Leases	-	22.67	23.98	22.76	26.83	27.39
Current Income Taxes Payable	-	95.49	111.61	91.36	145.12	117.19
Current Unearned Revenue	53.36	23.99	17.91	46.17	31.84	47.34
Other Current Liabilities	2,472	679.87	800.04	836.75	875.96	695.65
Total Current Liabilities	4,632	3,711	5,443	6,289	4,877	3,467
Long-Term Debt	40,477	38,399	35,694	34,070	29,087	18,392
Long-Term Leases	66.97	68.91	140.6	323.05	499.96	121.08
Long-Term Unearned Revenue	186.14	266.97	264.69	280.4	304.07	259.31
Long-Term Deferred Tax Liabilities	54.95	10.54	30.51	21.84	22.23	38.35
Other Long-Term Liabilities	118.08	1.79	1.79	1.79	4.85	2.56
Total Liabilities	45,536	42,459	41,575	40,986	34,796	22,281
Common Stock	3,058	3,058	3,058	3,058	3,058	3,058
Additional Paid-In Capital	3,311	2,431	2,431	2,436	6,531	1,850
Retained Earnings	10,937	11,399	10,892	10,171	11,100	12,247
Comprehensive Income & Other	3,263	3,263	2,023	8.13	6.95	209.12
Total Common Equity	20,568	20,151	18,404	15,673	20,696	17,365
Minority Interest	1,665	1,097	1,091	999.96	915.16	1,083
Shareholders' Equity	22,233	21,248	19,496	16,673	21,611	18,448
Total Liabilities & Equity	67,768	63,708	61,070	57,659	56,406	40,729
Total Debt	41,054	39,739	38,186	37,613	31,792	19,910
Net Cash (Debt)	-38,472	-35,238	-35,170	-35,630	-29,204	-16,071
Net Cash Per Share	-11.81	-10.84	-11.50	-11.65	-9.55	-5.25
Filing Date Shares Outstanding	3,217	3,058	3,058	3,058	3,058	3,058
Total Common Shares Outstanding	3,217	3,058	3,058	3,058	3,058	3,058
Working Capital	-585.3	2,010	-1,360	-2,163	-516.1	3,218
Book Value Per Share	6.39	6.59	6.02	5.13	6.77	5.68
Tangible Book Value	-36,620	-33,028	-33,599	-34,133	-25,788	-12,135
Tangible Book Value Per Share	-11.38	-10.80	-10.99	-11.16	-8.43	-3.97
Buildings	-	813.47	757.38	670.12	614.89	564.18
Machinery	-	1,431	1,317	1,138	1,108	1,010
Construction In Progress	-	192.95	157.6	190.7	27.66	20.34

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