HKG:0312 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	16.48	43.09	50.13	77.95	58.16
Trading Asset Securities	-	-	4.35	4.29	101.06
Cash & Short-Term Investments	16.48	43.09	54.48	82.24	159.22
Cash Growth	-61.76%	-20.90%	-33.76%	-48.35%	-56.39%
Accounts Receivable	9.32	29.22	37.59	232.81	182.24
Other Receivables	5.99	29.67	27.43	38.78	42.68
Receivables	15.32	58.88	65.02	271.6	224.91
Inventory	2.48	2.75	3.03	3.13	5.53
Prepaid Expenses	0.68	-	-	-	-
Other Current Assets	17.83	265.39	271.09	367.25	388.19
Total Current Assets	53.64	371.1	395.21	724.22	777.85
Property, Plant & Equipment	1,456	1,681	1,824	1,885	2,628
Other Intangible Assets	0.12	0.22	0.32	0.5	4.33
Long-Term Accounts Receivable	39.73	93.09	99.23	161.92	445.28
Long-Term Deferred Tax Assets	5.63	1.64	2.24	42	30.46
Other Long-Term Assets	18.06	22.36	21.17	86.02	84.99
Total Assets	1,573	2,170	2,342	2,900	3,971
Accounts Payable	1.59	0.94	0.4	0.43	5.44
Accrued Expenses	6.06	41.92	19.61	52.5	54.62
Short-Term Debt	60	50.78	36.17	45.2	95.39
Current Portion of Long-Term Debt	18.67	280.61	456.97	274.5	20.52
Current Portion of Leases	62	65.33	53.68	58.19	75.99
Current Income Taxes Payable	39.43	42.35	120.68	202.64	202.64
Current Unearned Revenue	25.08	31.4	28.14	31.11	32.87
Other Current Liabilities	71.14	93.98	106.77	132.72	147.85
Total Current Liabilities	283.96	607.3	822.42	797.29	635.32
Long-Term Debt	212	226.67	63.33	266.36	540.94
Long-Term Leases	338.8	496.61	590.43	633.66	930.06
Long-Term Deferred Tax Liabilities	81.98	88.18	80.39	85.87	187.1
Total Liabilities	916.74	1,419	1,557	1,783	2,293
Common Stock	213.91	213.91	213.91	213.91	213.91
Additional Paid-In Capital	750.99	750.99	750.99	750.99	750.99
Retained Earnings	-767.46	-514.46	-480.69	-139.71	416.41
Comprehensive Income & Other	458.67	300.32	301.64	283.17	288.04
Total Common Equity	656.11	750.76	785.85	1,108	1,669
Minority Interest	-	-	-	8.15	8.53
Shareholders' Equity	656.11	750.76	785.85	1,117	1,678
Total Liabilities & Equity	1,573	2,170	2,342	2,900	3,971
Total Debt	691.47	1,120	1,201	1,278	1,663
Net Cash (Debt)	-674.99	-1,077	-1,146	-1,196	-1,504
Net Cash Per Share	-0.27	-0.43	-0.46	-0.48	-0.60
Filing Date Shares Outstanding	2,495	2,495	2,495	2,495	2,495
Total Common Shares Outstanding	2,495	2,495	2,495	2,495	2,495
Working Capital	-230.32	-236.21	-427.21	-73.07	142.53
Book Value Per Share	0.26	0.30	0.31	0.44	0.67
Tangible Book Value	655.98	750.55	785.53	1,108	1,665
Tangible Book Value Per Share	0.26	0.30	0.31	0.44	0.67
Buildings	-	1,133	1,188	1,264	1,320
Machinery	-	41.65	44.79	45.66	60.43
Leasehold Improvements	-	129.76	129.76	129.63	129.63

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