HKG:0568 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	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	273.49	86.79	99.07	459.66	475.19
Short-Term Investments	-	-	-	3.03	3.54
Cash & Short-Term Investments	273.49	86.79	99.07	462.69	478.73
Cash Growth	215.13%	-12.40%	-78.59%	-3.35%	-37.01%
Accounts Receivable	541.19	248.44	333.76	471.32	563.08
Other Receivables	632.03	1,174	1.05	4.89	15.07
Receivables	1,173	1,423	334.81	476.21	578.14
Inventory	564.6	397.73	454.88	670.22	715.28
Prepaid Expenses	-	-	0.46	0.76	0.74
Other Current Assets	129.51	28.35	34.18	38.18	73.87
Total Current Assets	2,141	1,935	923.41	1,648	1,847
Property, Plant & Equipment	297.96	335.66	1,601	2,004	2,193
Long-Term Investments	50.22	4.98	1.75	1.86	2.14
Other Intangible Assets	190.07	143.87	341.87	357.28	376.05
Long-Term Deferred Tax Assets	-	-	1.63	26.11	29.07
Other Long-Term Assets	3.06	0.26	18.25	1.13	10.66
Total Assets	2,682	2,420	2,888	4,039	4,458
Accounts Payable	464.58	294.22	509.65	676.12	700.72
Accrued Expenses	69.96	102.26	110.22	71.8	125.74
Short-Term Debt	1,351	1,426	1,633	1,963	1,917
Current Portion of Long-Term Debt	-	1.86	-	38.34	77.67
Current Portion of Leases	38.22	28.19	52.8	48.99	29.34
Current Income Taxes Payable	5.33	5.27	7.02	6.22	6.22
Current Unearned Revenue	138.95	35.1	54.73	107.58	70.37
Other Current Liabilities	52.16	24.25	55.59	61.01	83.33
Total Current Liabilities	2,120	1,917	2,423	2,973	3,010
Long-Term Debt	-	0.15	-	-	37.14
Long-Term Leases	52.7	0.18	34.47	65.46	37.74
Long-Term Unearned Revenue	6.46	6.09	6.55	6.76	6.97
Long-Term Deferred Tax Liabilities	0.05	0	8.31	5.27	5.36
Other Long-Term Liabilities	5.06	4.96	80.93	77.77	0.56
Total Liabilities	2,185	1,928	2,553	3,128	3,098
Common Stock	797.85	797.85	797.85	797.85	797.85
Additional Paid-In Capital	979.8	979.78	867.59	864.41	863.36
Retained Earnings	-1,277	-1,282	-1,238	-671.26	-246.29
Comprehensive Income & Other	-3.1	-3.53	-3.3	-3.03	-1.67
Total Common Equity	497.88	492.27	424.01	987.96	1,413
Minority Interest	-0.32	-0.38	-89.31	-77.61	-53.49
Shareholders' Equity	497.55	491.89	334.7	910.35	1,360
Total Liabilities & Equity	2,682	2,420	2,888	4,039	4,458
Total Debt	1,442	1,456	1,720	2,116	2,099
Net Cash (Debt)	-1,169	-1,369	-1,621	-1,653	-1,620
Net Cash Per Share	-2.27	-1.57	-2.03	-2.06	-2.02
Filing Date Shares Outstanding	797.85	797.85	797.85	797.85	797.85
Total Common Shares Outstanding	797.85	797.85	797.85	797.85	797.85
Working Capital	20.51	18.5	-1,500	-1,325	-1,163
Book Value Per Share	0.62	0.62	0.53	1.24	1.77
Tangible Book Value	307.8	348.4	82.14	630.68	1,037
Tangible Book Value Per Share	0.39	0.44	0.10	0.79	1.30
Buildings	210.66	189	888.61	949.21	921.6
Machinery	1,219	1,264	3,043	3,264	3,275
Construction In Progress	0.14	-	2.19	0.3	10.03

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