HKG:0468 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	137.92	461.74	748.26	866.66	607.44	425.24
Short-Term Investments	20.54	18.3	4.05	-	-	-
Cash & Short-Term Investments	212.59	480.04	752.31	866.66	607.44	425.24
Cash Growth	-52.10%	-36.19%	-13.20%	42.67%	42.84%	-26.33%
Accounts Receivable	667.32	487.04	565.62	660.98	739.93	722.72
Other Receivables	53.2	20.36	18.71	26.37	27.02	5.42
Receivables	720.52	507.4	584.33	687.36	766.95	728.14
Inventory	443.15	431.95	576.71	859.91	1,182	798.61
Restricted Cash	217.26	172.46	135.24	197.76	306.92	214.85
Other Current Assets	12.27	52.97	18.86	21.32	23.77	44.26
Total Current Assets	1,606	1,645	2,067	2,633	2,887	2,211
Property, Plant & Equipment	606.23	624.23	697.39	1,251	1,253	1,288
Long-Term Investments	1,005	1,005	966.17	-	-	-
Goodwill	47.77	47.77	47.77	47.77	47.77	57.99
Other Intangible Assets	2.26	3.59	3.51	11.52	13.64	29.28
Long-Term Accounts Receivable	85.68	77.38	83.3	44.09	26.54	27.61
Long-Term Deferred Tax Assets	72.74	54.44	37.86	38.93	41.85	33.81
Long-Term Deferred Charges	-	-	3.03	2.46	-	-
Other Long-Term Assets	122.49	120.84	39.35	-	10	10.98
Total Assets	3,548	3,578	3,946	4,028	4,280	3,658

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	491.82	406.44	500.34	592.82	965.42	646.67
Accrued Expenses	-	120.43	154.58	189.92	225.05	138.98
Short-Term Debt	1.23	100.82	21.4	-	-	-
Current Portion of Long-Term Debt	-	-	76.46	140.82	223.56	283.12
Current Portion of Leases	3.06	0.27	4.67	11.7	10.38	11.08
Current Income Taxes Payable	24.84	27.97	26.96	36.11	29.38	19.93
Current Unearned Revenue	7.88	10.16	16.97	58.68	118.32	35.6
Other Current Liabilities	107.39	8.22	4.2	12.2	15.06	6.63
Total Current Liabilities	636.22	674.3	805.57	1,042	1,587	1,142
Long-Term Debt	-	-	-	-	-	5.42
Long-Term Leases	4.49	0.07	0.68	15.18	6.6	11.6
Long-Term Unearned Revenue	5.88	5.78	7.3	49.64	54.48	59.95
Long-Term Deferred Tax Liabilities	1.07	1.19	16.2	19.8	11.47	19.47
Total Liabilities	647.65	681.33	829.75	1,127	1,660	1,238

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	517.31	12.08	12.08	11.44	11.44	11.44
Additional Paid-In Capital	-	385.97	468.13	416.42	416.42	416.42
Retained Earnings	2,446	2,439	2,586	2,393	2,149	1,966
Comprehensive Income & Other	-62.81	58.32	48.71	80.78	43.42	25.93
Total Common Equity	2,900	2,895	3,115	2,901	2,620	2,420
Minority Interest	-0.1	1.35	1.16	-	-	-
Shareholders' Equity	2,900	2,897	3,116	2,901	2,620	2,420
Total Liabilities & Equity	3,548	3,578	3,946	4,028	4,280	3,658

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	8.78	101.15	103.21	167.7	240.54	311.22
Net Cash (Debt)	203.81	378.89	649.1	698.96	366.9	114.02
Net Cash Growth	-53.90%	-41.63%	-7.13%	90.51%	221.77%	-68.69%
Net Cash Per Share	-	0.27	0.47	0.52	0.27	0.09
Filing Date Shares Outstanding	-	1,407	1,407	1,407	1,337	1,337
Total Common Shares Outstanding	-	1,407	1,407	1,337	1,337	1,337
Working Capital	969.58	970.51	1,262	1,591	1,300	1,069
Book Value Per Share	-	2.06	2.21	2.17	1.96	1.81
Tangible Book Value	2,850	2,844	3,064	2,842	2,559	2,333
Tangible Book Value Per Share	-	2.02	2.18	2.13	1.91	1.75
Land	-	-	490.99	759.79	726.35	696.75
Buildings	-	496.65	-	-	-	-
Machinery	-	1,350	1,367	1,823	1,778	1,642
Construction In Progress	-	3.71	3.14	125.35	70.59	130.74
Leasehold Improvements	-	-	-	1.75	1.65	1.61