HKG:0535 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	1,210	1,821	2,454	6,045	8,739
Short-Term Investments	-	-	-	8.04	33.21
Cash & Short-Term Investments	1,210	1,821	2,454	6,053	8,772
Cash Growth	-33.58%	-25.79%	-59.45%	-30.99%	22.65%
Accounts Receivable	65.49	105.95	65.71	40.26	36.02
Other Receivables	5,484	6,252	9,158	8,688	7,031
Receivables	6,721	7,529	9,237	8,728	7,068
Inventory	11,408	17,945	25,931	18,511	15,602
Prepaid Expenses	4,198	5,031	5,992	5,920	4,905
Restricted Cash	1,038	2,092	2,707	794.09	854.06
Total Current Assets	24,573	34,417	46,321	40,006	37,201
Property, Plant & Equipment	100.34	114.61	140.93	100.81	82.97
Long-Term Investments	17,181	19,981	23,682	27,107	24,111
Other Intangible Assets	-	-	-	6.94	15.16
Long-Term Deferred Tax Assets	1,591	1,658	1,425	1,154	989.49
Other Long-Term Assets	19,241	19,821	18,419	16,426	14,679
Total Assets	62,687	75,992	91,098	86,034	77,079
Accounts Payable	3,647	4,826	5,831	4,480	4,567
Accrued Expenses	122.84	204.43	178.63	392.08	453.91
Short-Term Debt	362.3	167.81	-	-	-
Current Portion of Long-Term Debt	1,017	1,081	1,212	3,203	4,903
Current Portion of Leases	93.62	83.45	77.48	99.4	85.95
Current Income Taxes Payable	1,778	2,017	2,064	2,581	2,329
Current Unearned Revenue	1,489	7,345	15,509	9,441	6,658
Other Current Liabilities	13,401	15,624	14,974	14,579	12,841
Total Current Liabilities	21,911	31,348	39,846	34,776	31,838
Long-Term Debt	9,600	10,191	21,575	21,161	18,051
Long-Term Leases	504.57	604.95	862.39	936.16	920.91
Long-Term Deferred Tax Liabilities	2,423	2,567	2,467	2,140	1,679
Other Long-Term Liabilities	10,539	10,218	-	-	-
Total Liabilities	44,978	54,929	64,750	59,013	52,489
Common Stock	1,505	1,505	1,505	1,505	1,503
Additional Paid-In Capital	4,084	4,084	4,084	4,083	4,070
Retained Earnings	9,873	13,281	17,868	17,726	16,543
Comprehensive Income & Other	-1,052	-1,166	-972.74	-870.86	-376.45
Total Common Equity	14,410	17,704	22,485	22,443	21,739
Minority Interest	3,298	3,358	3,864	4,579	2,850
Shareholders' Equity	17,709	21,063	26,348	27,022	24,590
Total Liabilities & Equity	62,687	75,992	91,098	86,034	77,079
Total Debt	11,578	12,128	23,727	25,400	23,961
Net Cash (Debt)	-10,368	-10,307	-21,273	-19,346	-15,189
Net Cash Per Share	-0.62	-0.62	-1.28	-1.16	-0.91
Filing Date Shares Outstanding	16,614	16,614	16,614	16,610	16,587
Total Common Shares Outstanding	16,614	16,614	16,614	16,610	16,587
Working Capital	2,662	3,069	6,476	5,230	5,363
Book Value Per Share	0.87	1.07	1.35	1.35	1.31
Tangible Book Value	14,410	17,704	22,485	22,436	21,724
Tangible Book Value Per Share	0.87	1.07	1.35	1.35	1.31
Machinery	115.87	125.48	129.1	103.87	88.93
Leasehold Improvements	187.28	183.41	172.06	103.7	71.4

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