HKG:0162 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	4.09	10.71	49.73	19.54	36.52
Short-Term Investments	0.3	95.85	100.05	82.01	15.66
Cash & Short-Term Investments	4.39	106.56	149.78	101.55	52.18
Cash Growth	-95.88%	-28.85%	47.49%	94.60%	-87.28%
Accounts Receivable	338.6	22.04	21.96	12.48	26.23
Other Receivables	-	29.58	29.78	27.5	17.7
Receivables	338.6	51.62	51.74	39.98	43.93
Inventory	17.17	23.4	28	22.05	24.52
Prepaid Expenses	20.39	38.98	36.71	36.25	30.07
Other Current Assets	-	0.11	26.11	-	-
Total Current Assets	380.54	220.67	292.34	199.83	150.71
Property, Plant & Equipment	3,450	3,518	4,086	3,984	3,135
Long-Term Investments	6.46	6.41	-	221.17	272.54
Goodwill	-	35.13	35.13	35.13	35.13
Other Intangible Assets	157.23	244.48	244.48	244.48	274.65
Long-Term Deferred Tax Assets	10.38	10.74	10.36	11.04	11.54
Other Long-Term Assets	3,557	3,562	3,024	2,858	3,330
Total Assets	7,561	7,598	7,692	7,553	7,209
Accounts Payable	616.8	219.88	204.87	120.87	170.68
Accrued Expenses	-	139.59	28.11	98.44	63.64
Short-Term Debt	-	468.04	899.22	2,440	1,541
Current Portion of Long-Term Debt	745.7	352.06	372.88	850.3	610
Current Portion of Leases	24.63	27.73	19.89	17.85	50.22
Current Income Taxes Payable	-	35.59	36.1	36.1	36.17
Current Unearned Revenue	136.94	154.26	158.34	152.42	134.96
Other Current Liabilities	145.85	396.1	540.12	725.87	182.17
Total Current Liabilities	1,670	1,793	2,260	4,442	2,789
Long-Term Debt	4,645	4,257	3,449	777.86	1,460
Long-Term Leases	285.29	313.62	341.88	165.96	233.68
Long-Term Deferred Tax Liabilities	725.65	722.18	693.6	659.95	630.01
Other Long-Term Liabilities	-	-	-	-	288.59
Total Liabilities	7,326	7,086	6,744	6,046	5,401
Common Stock	103.6	103.6	103.6	199.37	199.37
Additional Paid-In Capital	-	2,015	2,015	2,132	2,132
Retained Earnings	-	-3,121	-2,583	-2,145	-1,776
Comprehensive Income & Other	88.23	1,493	1,389	1,289	1,202
Total Common Equity	191.84	489.28	924.37	1,476	1,757
Minority Interest	43.19	22.3	24.21	31.19	51.38
Shareholders' Equity	235.02	511.58	948.58	1,507	1,808
Total Liabilities & Equity	7,561	7,598	7,692	7,553	7,209
Total Debt	5,701	5,418	5,082	4,252	3,895
Net Cash (Debt)	-5,696	-5,312	-4,933	-4,151	-3,843
Net Cash Per Share	-4.95	-4.62	-4.23	-1.78	-1.65
Filing Date Shares Outstanding	1,153	1,150	1,150	2,327	2,327
Total Common Shares Outstanding	1,153	1,150	1,150	2,327	2,327
Working Capital	-1,289	-1,573	-1,967	-4,242	-2,639
Book Value Per Share	0.17	0.43	0.80	0.63	0.76
Tangible Book Value	34.6	209.67	644.76	1,196	1,447
Tangible Book Value Per Share	0.03	0.18	0.56	0.51	0.62
Land	-	3,116	3,641	3,734	2,844
Buildings	-	211.59	200.92	172.47	253.11
Machinery	-	5.05	31.2	30.62	82.42
Construction In Progress	-	18.61	12.53	13.57	4.49

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