China Unicom (Hong Kong) Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	-	25,109	28,480	47,733	55,297	34,280
Short-Term Investments	-	39,616	32,558	33,537	31,187	36,708
Trading Asset Securities	-	2,805	2,526	2,608	2,955	3,287
Cash & Short-Term Investments	68,213	67,530	63,564	83,878	89,439	74,275
Cash Growth	6.82%	6.24%	-24.22%	-6.22%	20.42%	28.55%
Accounts Receivable	-	67,342	59,891	41,836	29,017	20,798
Other Receivables	-	9,164	10,374	10,111	10,111	6,193
Receivables	-	85,409	80,265	61,552	43,728	37,391
Inventory	-	2,431	2,463	2,217	1,882	1,846
Prepaid Expenses	-	625	608	638	-1,048	766
Other Current Assets	-	12,964	11,900	9,816	12,242	11,950
Total Current Assets	-	168,959	158,800	158,101	146,243	126,228
Property, Plant & Equipment	-	384,276	399,052	408,603	411,660	387,897
Long-Term Investments	-	79,575	76,805	60,078	55,160	52,131
Goodwill	-	2,771	2,771	2,771	2,771	2,771
Other Intangible Assets	-	19,982	19,958	18,265	16,469	13,367
Long-Term Accounts Receivable	-	446	77	86	61	71
Long-Term Deferred Tax Assets	-	1,541	1,256	817	469	271
Long-Term Deferred Charges	-	9,168	10,200	10,094	7,906	5,386
Other Long-Term Assets	-	2,900	2,318	2,236	1,924	2,954
Total Assets	-	669,618	671,237	661,051	642,663	591,076
Accounts Payable	-	30,579	34,284	21,956	18,299	14,629
Accrued Expenses	-	51,791	51,730	49,796	49,891	46,965
Short-Term Debt	-	966	711	681	6,269	8,002
Current Portion of Long-Term Debt	-	589	727	354	368	3,415
Current Portion of Leases	-	12,469	13,419	12,640	12,495	12,144
Current Income Taxes Payable	-	2,405	2,683	3,547	2,197	1,435
Current Unearned Revenue	-	47,385	46,991	46,467	45,102	45,826
Other Current Liabilities	-	120,806	120,127	128,211	116,249	103,769
Total Current Liabilities	-	266,990	270,672	263,652	250,870	236,185
Long-Term Debt	-	3,928	2,128	2,133	1,828	2,577
Long-Term Leases	-	16,135	24,222	30,617	36,429	10,415
Long-Term Unearned Revenue	-	8,025	8,229	9,212	7,832	6,951
Long-Term Deferred Tax Liabilities	-	2,745	1,306	600	950	417
Other Long-Term Liabilities	-	928	1,110	939	1,218	1,098
Total Liabilities	-	298,751	307,667	307,153	299,127	257,643
Common Stock	-	254,056	254,056	254,056	254,056	254,056
Retained Earnings	-	163,528	156,184	147,250	138,070	129,311
Comprehensive Income & Other	-	-49,302	-49,195	-49,832	-50,507	-51,030
Total Common Equity	368,282	368,282	361,045	351,474	341,619	332,337
Minority Interest	-	2,585	2,525	2,424	1,917	1,096
Shareholders' Equity	370,867	370,867	363,570	353,898	343,536	333,433
Total Liabilities & Equity	-	669,618	671,237	661,051	642,663	591,076
Total Debt	34,087	34,087	41,207	46,425	57,389	36,553
Net Cash (Debt)	34,126	33,443	22,357	37,453	32,050	37,722
Net Cash Growth	47.52%	49.59%	-40.31%	16.86%	-15.04%	210.70%
Net Cash Per Share	-	1.09	0.73	1.22	1.05	1.23
Filing Date Shares Outstanding	-	30,598	30,598	30,598	30,598	30,598
Total Common Shares Outstanding	-	30,598	30,598	30,598	30,598	30,598
Working Capital	-	-98,031	-111,872	-105,551	-104,627	-109,957
Book Value Per Share	12.04	12.04	11.80	11.49	11.16	10.86
Tangible Book Value	365,511	345,529	338,316	330,438	322,379	316,199
Tangible Book Value Per Share	11.95	11.29	11.06	10.80	10.54	10.33
Buildings	-	91,789	86,228	80,983	79,284	78,179
Machinery	-	937,468	906,015	861,868	847,375	850,870
Construction In Progress	-	30,591	36,328	50,377	48,580	43,411
Leasehold Improvements	-	3,322	3,262	3,212	3,093	3,336

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