HKG:0611 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	925	831.87	1,612	887.99	603.93	325.43
Short-Term Investments	-	39.92	5.72	5.89	9.58	23.72
Cash & Short-Term Investments	925	871.79	1,618	893.88	613.51	349.14
Cash Growth	-0.34%	-46.12%	81.03%	45.70%	75.72%	-18.14%
Accounts Receivable	1,664	1,678	1,668	2,140	2,650	2,288
Other Receivables	-	352.53	273.69	115.32	205.87	250.92
Receivables	1,667	2,035	2,046	2,469	2,987	2,625
Inventory	-	-	-	-	-	148.28
Prepaid Expenses	846.27	393.92	344.44	744.28	328.43	22.34
Other Current Assets	75.34	119.75	339.46	1,149	403.74	462.92
Total Current Assets	3,514	3,420	4,348	5,256	4,333	3,608
Property, Plant & Equipment	6,848	6,489	5,513	2,906	1,889	2,064
Long-Term Investments	52.04	51.65	41.61	32.54	28.95	136.33
Long-Term Accounts Receivable	253.11	242.07	217.94	13.5	116.2	201.33
Long-Term Deferred Tax Assets	0.09	0.07	-	-	-	-
Other Long-Term Assets	96.03	113.94	234.83	98.87	124.84	99.26
Total Assets	10,768	10,323	10,365	8,332	6,504	6,124
Accounts Payable	693.7	891.2	1,383	1,353	2,160	1,933
Accrued Expenses	-	37.67	38.14	27.85	24.47	21.91
Short-Term Debt	1,961	1,688	1,511	1,965	815.05	845.27
Current Portion of Long-Term Debt	441.84	410.08	362.02	376.5	502.89	514.47
Current Portion of Leases	17.61	17.3	20.8	13.21	4.11	4.6
Current Income Taxes Payable	15.79	9.83	11.52	13.72	12.35	4.75
Current Unearned Revenue	203.14	183.92	213.36	543.96	93.53	71.35
Other Current Liabilities	96.37	106.82	60.01	277.02	221.96	190.92
Total Current Liabilities	3,430	3,345	3,599	4,570	3,834	3,586
Long-Term Debt	5,162	4,929	4,879	2,114	1,624	1,583
Long-Term Leases	374.54	337.75	277.01	149.28	4.69	1.5
Long-Term Deferred Tax Liabilities	0.08	0.08	1.63	-	-	4.79
Total Liabilities	8,966	8,612	8,757	6,834	5,463	5,175
Common Stock	162.34	162.34	162.34	163.82	106.97	110.57
Additional Paid-In Capital	412.5	412.5	412.5	367.17	1,244	1,286
Retained Earnings	1,275	1,189	1,074	1,014	-385.65	-487.78
Comprehensive Income & Other	-85.36	-90.19	-73.97	-76.4	40.36	23.18
Total Common Equity	1,764	1,673	1,575	1,468	1,006	932.01
Minority Interest	37.45	38.02	32.25	29.5	34.95	16.82
Shareholders' Equity	1,802	1,711	1,608	1,498	1,041	948.83
Total Liabilities & Equity	10,768	10,323	10,365	8,332	6,504	6,124
Total Debt	7,957	7,383	7,050	4,618	2,951	2,949
Net Cash (Debt)	-7,032	-6,511	-5,432	-3,724	-2,338	-2,600
Net Cash Per Share	-3.80	-3.52	-2.93	-2.24	-1.78	-1.98
Filing Date Shares Outstanding	1,852	1,852	1,852	1,852	1,313	1,313
Total Common Shares Outstanding	1,852	1,852	1,852	1,852	1,313	1,313
Working Capital	84	75.04	748.35	685.57	499.02	21.67
Book Value Per Share	0.95	0.90	0.85	0.79	0.77	0.71
Tangible Book Value	1,764	1,673	1,575	1,468	1,006	932.01
Tangible Book Value Per Share	0.95	0.90	0.85	0.79	0.77	0.71
Buildings	-	-	-	-	-	36.18
Machinery	-	6,797	4,199	3,135	2,204	1,930
Construction In Progress	-	444.65	1,795	109.07	35.48	333.16

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