HKG:0611 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	797.96	831.87	1,612	887.99	603.93
Short-Term Investments	-	39.92	5.72	5.89	9.58
Cash & Short-Term Investments	797.96	871.79	1,618	893.88	613.51
Cash Growth	-8.47%	-46.12%	81.03%	45.70%	75.72%
Accounts Receivable	1,589	1,678	1,668	2,140	2,650
Other Receivables	-	352.53	273.69	115.32	205.87
Receivables	1,593	2,035	2,046	2,469	2,987
Prepaid Expenses	774.8	393.92	344.44	744.28	328.43
Other Current Assets	143.44	119.75	339.46	1,149	403.74
Total Current Assets	3,309	3,420	4,348	5,256	4,333
Property, Plant & Equipment	7,135	6,489	5,513	2,906	1,889
Long-Term Investments	37.22	51.65	41.61	32.54	28.95
Long-Term Accounts Receivable	213.77	242.07	217.94	13.5	116.2
Long-Term Deferred Tax Assets	0.53	0.07	-	-	-
Other Long-Term Assets	59.73	113.94	234.83	98.87	124.84
Total Assets	10,759	10,323	10,365	8,332	6,504
Accounts Payable	767.99	891.2	1,383	1,353	2,160
Accrued Expenses	51.38	37.67	38.14	27.85	24.47
Short-Term Debt	-	1,688	1,511	1,965	815.05
Current Portion of Long-Term Debt	2,271	410.08	362.02	376.5	502.89
Current Portion of Leases	13.66	17.3	20.8	13.21	4.11
Current Income Taxes Payable	15.63	9.83	11.52	13.72	12.35
Current Unearned Revenue	173.64	183.92	213.36	543.96	93.53
Other Current Liabilities	56.26	106.82	60.01	277.02	221.96
Total Current Liabilities	3,350	3,345	3,599	4,570	3,834
Long-Term Debt	5,121	4,929	4,879	2,114	1,624
Long-Term Leases	393.71	337.75	277.01	149.28	4.69
Long-Term Deferred Tax Liabilities	1.01	0.08	1.63	-	-
Total Liabilities	8,865	8,612	8,757	6,834	5,463
Common Stock	162.34	162.34	162.34	163.82	106.97
Additional Paid-In Capital	-	412.5	412.5	367.17	1,244
Retained Earnings	-	1,189	1,074	1,014	-385.65
Comprehensive Income & Other	1,703	-90.19	-73.97	-76.4	40.36
Total Common Equity	1,866	1,673	1,575	1,468	1,006
Minority Interest	27.65	38.02	32.25	29.5	34.95
Shareholders' Equity	1,893	1,711	1,608	1,498	1,041
Total Liabilities & Equity	10,759	10,323	10,365	8,332	6,504
Total Debt	7,800	7,383	7,050	4,618	2,951
Net Cash (Debt)	-7,002	-6,511	-5,432	-3,724	-2,338
Net Cash Per Share	-3.78	-3.52	-2.93	-2.24	-1.78
Filing Date Shares Outstanding	1,852	1,852	1,852	1,852	1,313
Total Common Shares Outstanding	1,852	1,852	1,852	1,852	1,313
Working Capital	-40.86	75.04	748.35	685.57	499.02
Book Value Per Share	1.01	0.90	0.85	0.79	0.77
Tangible Book Value	1,866	1,673	1,575	1,468	1,006
Tangible Book Value Per Share	1.01	0.90	0.85	0.79	0.77
Machinery	-	6,797	4,199	3,135	2,204
Construction In Progress	-	444.65	1,795	109.07	35.48

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