HKG:0848 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	409.99	439.99	742.62	556.29	1,197
Short-Term Investments	5.23	5.97	-	1,861	1,467
Trading Asset Securities	0.04	7.71	21.83	35.43	417.05
Cash & Short-Term Investments	415.26	453.67	764.44	2,453	3,081
Cash Growth	-8.47%	-40.65%	-68.83%	-20.41%	22.71%
Accounts Receivable	24.78	29.16	26.81	28.33	14.14
Other Receivables	1,238	1,052	1,145	576.63	582.07
Receivables	1,262	1,081	1,172	604.96	733.14
Inventory	6,532	6,985	8,232	8,009	7,767
Other Current Assets	1,227	1,175	1,364	653.03	472.79
Total Current Assets	9,436	9,696	11,532	11,720	12,055
Property, Plant & Equipment	32,862	34,176	34,334	34,917	35,639
Long-Term Investments	199.16	338.14	815.09	1,474	1,812
Goodwill	1,205	1,249	1,261	1,270	1,322
Other Intangible Assets	12.71	19.42	27.78	32.6	37.45
Long-Term Deferred Tax Assets	799.96	855.74	864.51	708.08	745.93
Other Long-Term Assets	53.09	128.83	116.1	115.04	134.07
Total Assets	44,568	46,462	48,950	50,237	51,745
Accounts Payable	1,137	1,263	1,458	1,601	1,893
Accrued Expenses	1,026	990.72	1,045	799.48	768.37
Short-Term Debt	3,591	4,010	4,305	5,708	4,619
Current Portion of Long-Term Debt	2,229	1,272	4,988	3,204	3,443
Current Portion of Leases	203.45	311.58	296.82	318.12	276.67
Current Income Taxes Payable	372.97	435.19	435	351.94	383.43
Current Unearned Revenue	961.7	1,127	1,735	1,867	1,921
Other Current Liabilities	3,496	3,394	3,502	3,818	4,005
Total Current Liabilities	13,017	12,804	17,765	17,667	17,309
Long-Term Debt	5,290	6,114	9,579	10,077	11,760
Long-Term Leases	740.72	1,100	1,471	1,808	2,100
Pension & Post-Retirement Benefits	3.69	4.19	4.12	6.26	6.79
Long-Term Deferred Tax Liabilities	4,040	4,206	4,302	4,340	4,301
Other Long-Term Liabilities	-	-	0.2	0.21	0.16
Total Liabilities	23,092	24,228	33,121	33,899	35,478
Common Stock	460.15	460.15	460.15	460.15	460.15
Additional Paid-In Capital	1,653	1,653	1,653	1,653	1,659
Retained Earnings	5,818	6,736	6,896	7,131	7,137
Comprehensive Income & Other	11,013	10,947	4,352	4,580	4,460
Total Common Equity	18,945	19,796	13,361	13,824	13,715
Minority Interest	2,531	2,438	2,468	2,514	2,552
Shareholders' Equity	21,476	22,235	15,829	16,338	16,267
Total Liabilities & Equity	44,568	46,462	48,950	50,237	51,745
Total Debt	12,055	12,807	20,639	21,115	22,200
Net Cash (Debt)	-11,639	-12,353	-19,875	-18,663	-19,118
Net Cash Per Share	-2.26	-2.40	-3.87	-3.63	-3.72
Filing Date Shares Outstanding	5,140	5,140	5,140	5,140	5,140
Total Common Shares Outstanding	5,140	5,140	5,140	5,140	5,140
Working Capital	-3,581	-3,108	-6,232	-5,947	-5,254
Book Value Per Share	2.42	2.52	2.60	2.69	2.67
Tangible Book Value	17,727	18,528	12,073	12,521	12,356
Tangible Book Value Per Share	2.18	2.27	2.35	2.44	2.40
Land	-	-	-	9,876	9,853
Buildings	10,160	10,229	9,877	-	-
Machinery	559.85	554.84	567.6	773.51	787.98
Construction In Progress	806.45	720.77	591.74	530.26	478.25
Leasehold Improvements	2,222	2,199	1,992	1,935	1,860

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