HKG:0527 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	219.34	244.61	385.51	420.84	243.3
Trading Asset Securities	1.67	1.04	2.02	2.33	1.69
Accounts Receivable	264	256.65	196	136.83	345.13
Other Receivables	270.92	194.04	158.85	9.92	4.8
Inventory	-	0.09	-	0.62	0.68
Prepaid Expenses	5.76	29.91	13.14	135.74	171.55
Loans Receivable Current	47.15	121.04	152.21	171.64	172.2
Other Current Assets	-	-	-	28	25.8
Total Current Assets	808.84	847.38	907.75	905.92	965.14
Property, Plant & Equipment	1,559	1,151	760.7	899.18	1,089
Long-Term Investments	72.98	66.28	35.24	19.09	14.33
Other Long-Term Assets	181.35	414.64	161.78	184.03	168.5
Total Assets	2,622	2,479	1,865	2,008	2,237
Accounts Payable	18.21	25.67	21.2	19.24	13.2
Accrued Expenses	12.36	1.67	22.78	35.78	91.15
Current Portion of Long-Term Debt	837.21	787.77	281.24	322.45	582.8
Current Unearned Revenue	2.62	-	-	-	0.08
Current Portion of Leases	2.35	2.74	3.75	3.7	1.2
Current Income Taxes Payable	14.75	15.76	15.58	2.27	4.96
Other Current Liabilities	222.09	266.32	63.73	96.34	125.92
Total Current Liabilities	1,110	1,100	408.29	479.79	819.31
Long-Term Debt	1,629	1,289	1,238	1,401	1,121
Long-Term Leases	0.24	0.34	1.07	3.43	0.89
Long-Term Unearned Revenue	-	-	-	-	0.61
Long-Term Deferred Tax Liabilities	1.37	3.61	5.83	9.22	14.09
Total Liabilities	2,741	2,393	1,653	1,893	1,956
Common Stock	77.42	77.42	75.06	17.88	17.29
Additional Paid-In Capital	-	-	-	1,502	1,492
Retained Earnings	-	-	-	-1,652	-1,514
Comprehensive Income & Other	-355.76	-214.04	-64.31	57.81	77.42
Total Common Equity	-278.34	-136.61	10.75	-73.9	72.52
Minority Interest	159.33	223.28	201.24	189.06	208.67
Shareholders' Equity	-119.01	86.67	211.99	115.16	281.19
Total Liabilities & Equity	2,622	2,479	1,865	2,008	2,237
Total Debt	2,469	2,080	1,524	1,730	1,706
Net Cash (Debt)	-2,248	-1,834	-1,137	-1,307	-1,461
Net Cash Per Share	-1.31	-1.10	-1.03	-3.22	-3.69
Filing Date Shares Outstanding	1,715	1,715	1,662	409.83	395.83
Total Common Shares Outstanding	1,715	1,715	1,662	409.83	395.83
Working Capital	-300.75	-252.55	499.46	426.13	145.83
Book Value Per Share	-0.16	-0.08	0.01	-0.18	0.18
Tangible Book Value	-278.34	-136.61	10.75	-73.9	72.52
Tangible Book Value Per Share	-0.16	-0.08	0.01	-0.18	0.18
Buildings	-	52.18	52.18	52.18	52.18
Machinery	-	2,335	2,333	2,339	2,352
Construction In Progress	-	578.7	106.29	98.57	98.57

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