HKG:0587 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	437.79	345.62	246.25	273.06	596.11
Short-Term Investments	100.77	16.53	22.2	15.01	11.53
Trading Asset Securities	-	-	45	-	15
Cash & Short-Term Investments	538.56	362.16	313.45	288.07	622.64
Cash Growth	48.71%	15.54%	8.81%	-53.73%	-8.42%
Accounts Receivable	745.42	905.14	945.1	878.23	755.3
Other Receivables	62.61	54.71	56.94	66.25	100.62
Receivables	808.03	959.84	1,002	944.48	855.92
Inventory	20.7	38.53	31.47	17.84	8.06
Other Current Assets	77.23	147.75	61.91	69.11	216.88
Total Current Assets	1,445	1,508	1,409	1,319	1,703
Property, Plant & Equipment	7,551	7,717	7,355	6,601	5,368
Long-Term Investments	35.02	73.94	72.86	65.92	68.84
Goodwill	10.25	10.25	10.25	9.22	5.82
Other Intangible Assets	112.83	129.78	139.46	121.54	63.05
Long-Term Accounts Receivable	179.62	293.99	414.36	410.65	293.06
Long-Term Deferred Tax Assets	30.35	17.34	10.99	8.92	8.31
Total Assets	9,364	9,750	9,412	8,537	7,510
Accounts Payable	441.96	431.5	396.49	215.67	163.6
Accrued Expenses	192.87	183.29	213.51	207.2	178.64
Current Portion of Long-Term Debt	713.95	867.69	1,277	637.57	634.03
Current Portion of Leases	1.52	1.54	1.14	1.69	0.53
Current Income Taxes Payable	0.94	3.13	5.66	14.67	19.82
Current Unearned Revenue	20.63	16.83	13.62	10.68	9.86
Other Current Liabilities	703.19	767.97	768.75	891.61	988.19
Total Current Liabilities	2,075	2,272	2,676	1,979	1,995
Long-Term Debt	3,907	3,780	2,981	3,137	2,410
Long-Term Leases	11.57	8.93	6.71	6.12	3.61
Long-Term Unearned Revenue	26.22	-	-	-	-
Long-Term Deferred Tax Liabilities	27.05	30.41	38.21	26.61	12.2
Other Long-Term Liabilities	6.76	-	-	-	-
Total Liabilities	6,054	6,091	5,702	5,149	4,420
Common Stock	14.84	14.84	14.84	14.84	-
Additional Paid-In Capital	-	1,133	1,184	1,184	1,199
Retained Earnings	-	1,957	1,951	1,687	1,358
Comprehensive Income & Other	2,705	-156.92	-156.92	-156.92	-136.58
Total Common Equity	2,720	2,948	2,993	2,729	2,421
Minority Interest	590.45	710.94	717.15	658.73	669.33
Shareholders' Equity	3,310	3,659	3,710	3,388	3,090
Total Liabilities & Equity	9,364	9,750	9,412	8,537	7,510
Total Debt	4,634	4,658	4,266	3,783	3,048
Net Cash (Debt)	-4,096	-4,296	-3,952	-3,494	-2,425
Net Cash Per Share	-2.24	-2.35	-2.16	-1.91	-1.26
Filing Date Shares Outstanding	1,827	1,827	1,827	1,827	1,827
Total Common Shares Outstanding	1,827	1,827	1,827	1,827	1,827
Working Capital	-630.53	-763.67	-1,267	-659.58	-291.17
Book Value Per Share	1.49	1.61	1.64	1.49	1.33
Tangible Book Value	2,596	2,808	2,843	2,598	2,352
Tangible Book Value Per Share	1.42	1.54	1.56	1.42	1.29
Machinery	-	7,409	5,456	4,679	3,364
Construction In Progress	-	1,135	2,437	2,214	2,123

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.