HKG:0817 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	37,345	28,403	30,805	30,920	37,089	31,051
Trading Asset Securities	0.04	0.04	0.04	0.04	6.35	0.04
Cash & Short-Term Investments	37,345	28,403	30,805	30,920	37,096	31,051
Cash Growth	9.63%	-7.80%	-0.37%	-16.65%	19.47%	-29.36%
Accounts Receivable	3,777	3,682	3,470	2,387	2,689	3,483
Other Receivables	25,192	14,902	9,275	14,763	11,378	13,802
Receivables	28,969	37,517	35,617	34,032	36,944	45,026
Inventory	127,542	106,726	83,585	81,620	86,244	90,693
Prepaid Expenses	58,766	45,134	38,998	33,663	23,575	30,447
Restricted Cash	5,547	3,986	4,051	6,916	7,614	8,694
Total Current Assets	258,169	221,767	193,056	187,151	191,472	205,911
Property, Plant & Equipment	14,326	14,712	14,855	14,139	15,353	13,431
Long-Term Investments	55,819	61,455	59,408	54,735	54,705	44,072
Goodwill	479.87	479.87	479.87	249.12	249.12	-
Other Intangible Assets	382.77	392.27	401.12	381.17	487.43	174.89
Long-Term Accounts Receivable	2,772	2,740	2,669	2,448	2,430	-
Long-Term Deferred Tax Assets	3,715	3,040	3,090	3,151	3,735	3,249
Other Long-Term Assets	145,939	136,174	133,237	141,688	144,731	130,006
Total Assets	482,260	441,734	409,256	407,119	421,896	412,002

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	27,271	24,219	22,858	31,293	30,833	28,952
Accrued Expenses	2,169	47,485	50,319	44,709	46,395	39,949
Short-Term Debt	25,522	28,125	21,607	25,368	14,118	12,245
Current Portion of Long-Term Debt	-	-	-	-	14,165	14,163
Current Portion of Leases	248.07	312.08	222.6	194.17	175.45	117.21
Current Income Taxes Payable	2,465	2,952	2,910	2,011	2,773	1,990
Current Unearned Revenue	-	64,198	52,752	55,236	60,148	78,214
Other Current Liabilities	182,279	36,313	22,660	17,279	19,852	25,616
Total Current Liabilities	239,955	203,603	173,329	176,090	188,459	201,245
Long-Term Debt	97,236	100,887	101,194	108,623	107,024	93,452
Long-Term Leases	883.17	825.45	902.88	920.14	950.65	948.77
Long-Term Deferred Tax Liabilities	10,247	9,714	9,320	9,364	9,481	6,963
Other Long-Term Liabilities	9,856	7,142	16,232	2,284	3,295	2,600
Total Liabilities	358,177	322,172	300,978	297,282	309,209	305,209

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	26,934	26,934	26,925	26,918	26,738	26,140
Retained Earnings	21,048	20,497	20,283	19,959	27,268	27,543
Comprehensive Income & Other	6,650	5,806	6,367	-7,586	-6,560	-3,722
Total Common Equity	54,632	53,237	53,575	39,291	47,445	49,961
Minority Interest	69,451	66,324	54,703	70,546	65,241	56,832
Shareholders' Equity	124,083	119,561	108,279	109,837	112,687	106,794
Total Liabilities & Equity	482,260	441,734	409,256	407,119	421,896	412,002

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	123,889	130,150	123,926	135,105	136,432	120,926
Net Cash (Debt)	-86,544	-101,746	-93,121	-104,185	-99,337	-89,875
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-6.41	-7.53	-6.90	-7.80	-7.79	-7.07
Filing Date Shares Outstanding	13,512	13,512	13,506	13,500	13,315	12,688
Total Common Shares Outstanding	13,512	13,512	13,506	13,500	13,315	12,688
Working Capital	18,214	18,163	19,727	11,061	3,014	4,666
Book Value Per Share	2.92	2.82	2.84	2.91	3.56	3.94
Tangible Book Value	53,770	52,365	52,694	38,661	46,709	49,786
Tangible Book Value Per Share	2.85	2.75	2.78	2.86	3.51	3.92
Buildings	-	3,754	4,238	2,909	2,709	1,038
Machinery	-	3,084	3,139	3,151	3,238	2,619
Construction In Progress	-	4,173	4,107	3,852	3,322	3,571
Leasehold Improvements	-	97.12	124.13	116.55	61.7	41.94