HKG:0980 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	1,553	1,603	2,448	3,199	2,193
Short-Term Investments	1,945	2,448	525.8	997.62	807.3
Trading Asset Securities	1,359	1,333	996.49	867.16	997.62
Cash & Short-Term Investments	4,856	5,384	3,970	5,064	3,998
Cash Growth	-9.81%	35.62%	-21.60%	26.65%	47.84%
Accounts Receivable	320.08	385.02	303.69	339.38	229.56
Other Receivables	343.95	250.04	191.45	384.34	499.03
Receivables	664.03	635.07	495.14	723.72	728.59
Inventory	1,539	1,880	2,432	3,037	2,839
Prepaid Expenses	-	4.16	5.13	4.73	0.44
Restricted Cash	8.77	16.36	-	-	-
Other Current Assets	1,789	360.62	700.98	1,101	1.35
Total Current Assets	8,857	8,280	7,603	9,930	7,568
Property, Plant & Equipment	6,295	7,327	8,258	9,207	9,738
Long-Term Investments	2,168	1,995	3,240	2,520	2,916
Goodwill	142.25	144.18	146.1	148.02	127.95
Other Intangible Assets	121.01	115.36	126.48	123.01	127.34
Long-Term Accounts Receivable	20.16	42.95	57.44	188.76	237.57
Long-Term Deferred Tax Assets	67.32	83.03	77.71	69.38	8.05
Other Long-Term Assets	347.42	1,675	1,480	802.54	2,107
Total Assets	18,019	19,662	20,989	22,989	22,830
Accounts Payable	4,388	4,129	4,415	4,548	4,096
Accrued Expenses	357.24	407.67	420.3	633.45	566.54
Current Portion of Leases	652	628.98	833.03	896.1	911.4
Current Income Taxes Payable	73.04	108.71	203.46	149.41	103.34
Current Unearned Revenue	8,200	8,730	8,899	8,928	8,542
Other Current Liabilities	1,221	1,730	1,337	1,330	1,494
Total Current Liabilities	14,891	15,735	16,108	16,485	15,714
Long-Term Leases	2,818	3,699	4,305	5,109	5,741
Long-Term Deferred Tax Liabilities	136.09	161.01	127.61	148.27	120.36
Total Liabilities	17,845	19,594	20,541	21,742	21,576
Common Stock	1,480	1,120	1,120	1,120	1,120
Additional Paid-In Capital	255.27	258.35	258.35	258.35	258.35
Retained Earnings	-1,629	-1,429	-1,070	-279.01	-112.57
Comprehensive Income & Other	-235.69	-235.5	-235.5	-235.5	-235.5
Total Common Equity	-130.17	-286.64	72.13	863.44	1,030
Minority Interest	304.15	354.57	376.22	382.83	224.51
Shareholders' Equity	173.98	67.93	448.35	1,246	1,254
Total Liabilities & Equity	18,019	19,662	20,989	22,989	22,830
Total Debt	3,470	4,327	5,138	6,005	6,653
Net Cash (Debt)	1,386	1,057	-1,168	-941.23	-2,655
Net Cash Growth	31.17%	-	-	-	-
Net Cash Per Share	0.97	0.94	-1.04	-0.84	-2.37
Filing Date Shares Outstanding	1,480	1,480	1,120	1,120	1,120
Total Common Shares Outstanding	1,480	1,120	1,120	1,120	1,120
Working Capital	-6,033	-7,455	-8,505	-6,555	-8,145
Book Value Per Share	-0.09	-0.26	0.06	0.77	0.92
Tangible Book Value	-393.44	-546.18	-200.45	592.42	774.6
Tangible Book Value Per Share	-0.27	-0.49	-0.18	0.53	0.69
Buildings	3,421	3,428	3,447	3,443	3,188
Machinery	966.58	1,048	1,357	1,582	1,662
Construction In Progress	5.01	9.2	14.34	4.33	9.74
Leasehold Improvements	1,456	1,645	1,898	2,108	2,105

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