HKG:0357 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	282.18	541.08	203.65	119.43	212.12
Cash & Short-Term Investments	282.18	541.08	203.65	119.43	212.12
Cash Growth	-47.85%	165.69%	70.53%	-43.70%	-27.40%
Accounts Receivable	311.12	337.39	415.5	267.27	309.47
Other Receivables	17.5	5.48	47	43.62	50.69
Receivables	328.62	342.87	462.51	310.89	360.17
Inventory	1.04	1.26	1.35	0.79	0.63
Prepaid Expenses	-	0	0.32	0.59	0.32
Other Current Assets	47.72	51.27	37.03	48.31	49.34
Total Current Assets	659.57	936.48	704.86	480.01	622.58
Property, Plant & Equipment	6,452	7,269	7,992	7,372	7,660
Long-Term Investments	307.14	246.69	57.39	57.41	12.85
Other Intangible Assets	1,015	1,018	1,034	1,050	1,067
Long-Term Deferred Tax Assets	3.01	14.98	34.86	41.83	82.25
Other Long-Term Assets	1,482	1,497	1,538	1,638	1,691
Total Assets	9,918	10,983	11,361	10,640	11,135
Accounts Payable	210.4	259.39	286.83	361.62	344.48
Accrued Expenses	136.23	216.94	198.31	164.56	202.02
Short-Term Debt	930.66	400.41	320	100	-
Current Portion of Long-Term Debt	-	93.76	1,919	1,958	1,960
Current Portion of Leases	-	867.55	910.97	64.34	82.95
Current Income Taxes Payable	66.44	79.54	130.01	147.46	317.28
Current Unearned Revenue	9.91	21.85	30.27	23.22	39.49
Other Current Liabilities	2,095	2,421	2,603	3,180	3,340
Total Current Liabilities	3,449	4,360	6,399	6,000	6,286
Long-Term Debt	1,961	1,773	-	-	2.6
Long-Term Leases	-	681.86	545.46	-	65.27
Long-Term Unearned Revenue	50.09	98.66	103.86	123.74	153.37
Pension & Post-Retirement Benefits	-	-	-	-	0.14
Long-Term Deferred Tax Liabilities	-	-	53.51	84.6	0.99
Other Long-Term Liabilities	655.81	17.24	21.55	24.68	61.35
Total Liabilities	6,116	6,931	7,123	6,233	6,569
Common Stock	473.21	473.21	473.21	473.21	473.21
Additional Paid-In Capital	1,064	1,043	864.89	864.89	819.66
Retained Earnings	2,261	2,540	2,922	3,058	3,260
Comprehensive Income & Other	7.47	2.51	13.62	13.62	-19.52
Total Common Equity	3,806	4,059	4,273	4,409	4,534
Minority Interest	-3.65	-8.09	-35.54	-2.92	32.48
Shareholders' Equity	3,802	4,051	4,238	4,407	4,566
Total Liabilities & Equity	9,918	10,983	11,361	10,640	11,135
Total Debt	2,892	3,817	3,696	2,123	2,111
Net Cash (Debt)	-2,610	-3,276	-3,492	-2,003	-1,898
Net Cash Per Share	-5.52	-6.92	-7.38	-4.23	-4.01
Filing Date Shares Outstanding	472.54	473.21	473.21	473.21	473.21
Total Common Shares Outstanding	472.54	473.21	473.21	473.21	473.21
Working Capital	-2,789	-3,424	-5,694	-5,520	-5,663
Book Value Per Share	8.05	8.58	9.03	9.32	9.58
Tangible Book Value	2,791	3,041	3,239	3,359	3,467
Tangible Book Value Per Share	5.91	6.43	6.85	7.10	7.33
Buildings	-	7,326	7,314	7,433	7,415
Machinery	-	1,327	1,154	1,184	1,166
Construction In Progress	-	9.06	-	-	-

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