HKG:1044 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	22,187	15,616	14,262	18,190	18,667	18,247
Short-Term Investments	-	40.27	52.83	28.43	28.27	10.38
Trading Asset Securities	-	-	61.15	-	1.49	0.91
Cash & Short-Term Investments	22,187	15,656	14,376	18,218	18,697	18,258
Cash Growth	34.94%	8.91%	-21.09%	-2.56%	2.41%	-11.36%
Accounts Receivable	2,114	2,320	2,254	2,553	2,932	2,970
Other Receivables	1,602	813.54	828.55	978.48	1,165	1,096
Receivables	3,716	3,134	3,083	3,532	4,097	4,066
Inventory	4,425	4,464	4,798	4,352	4,545	4,162
Prepaid Expenses	-	39.98	35.76	40.88	47.07	68.89
Other Current Assets	216.43	780.06	647.77	666.83	722.41	713.77
Total Current Assets	30,544	24,073	22,940	26,810	28,109	27,269
Property, Plant & Equipment	10,692	10,789	10,778	10,157	9,261	8,785
Long-Term Investments	5,677	7,044	4,665	1,707	3,152	4,284
Goodwill	-	488.29	488.29	488.29	488.29	488.29
Other Intangible Assets	565.21	93.05	124.3	152.21	168.69	236.49
Long-Term Deferred Tax Assets	293.85	385.86	491.78	498.46	532.2	544.76
Other Long-Term Assets	301.77	308.07	317.29	402.92	627.36	684.95
Total Assets	48,074	43,182	39,804	40,216	42,337	42,293

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	2,104	3,103	3,045	2,750	2,921	2,565
Accrued Expenses	1,708	1,571	1,308	1,352	1,430	1,236
Short-Term Debt	21,027	13,261	10,648	11,043	14,526	15,486
Current Portion of Long-Term Debt	142.29	2,357	22.08	2,865	502.28	2,003
Current Portion of Leases	18.95	17.82	14.08	17.68	18.11	17.61
Current Income Taxes Payable	121.71	171.1	162.78	199.44	268.56	280.71
Current Unearned Revenue	58.78	86.95	543.23	540.28	453.74	225.63
Other Current Liabilities	327.4	346.35	333.76	293.8	274.08	223.47
Total Current Liabilities	25,508	20,914	16,077	19,060	20,394	22,037
Long-Term Debt	219.51	116.35	2,420	330.43	2,001	739.34
Long-Term Leases	11.51	9.09	9	12.95	16.64	10.84
Long-Term Deferred Tax Liabilities	199.84	169.4	153.23	182.39	149.43	224.63
Total Liabilities	25,939	21,209	18,659	19,586	22,562	23,012

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	123.35	123.35	123.35	123.35	123.35	123.35
Retained Earnings	19,033	21,524	20,582	19,875	18,702	18,404
Treasury Stock	-	-25.73	-	-	-	-
Comprehensive Income & Other	2,766	130.24	215.39	397.24	698.57	510.11
Total Common Equity	21,923	21,752	20,921	20,396	19,524	19,037
Minority Interest	212.64	221.29	224.63	234.01	252.13	243.41
Shareholders' Equity	22,135	21,973	21,146	20,630	19,776	19,280
Total Liabilities & Equity	48,074	43,182	39,804	40,216	42,337	42,293

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	21,420	15,761	13,113	14,268	17,065	18,257
Net Cash (Debt)	767.77	-105.06	1,263	3,950	1,633	1.36
Net Cash Growth	-	-	-68.03%	141.96%	120206.34%	-
Net Cash Per Share	0.68	-0.09	1.11	3.41	1.40	0.00
Filing Date Shares Outstanding	1,155	1,161	1,162	1,162	1,162	1,162
Total Common Shares Outstanding	1,155	1,161	1,162	1,162	1,162	1,162
Working Capital	5,036	3,159	6,863	7,750	7,714	5,232
Book Value Per Share	18.98	18.74	18.00	17.55	16.80	16.38
Tangible Book Value	21,358	21,170	20,308	19,755	18,867	18,312
Tangible Book Value Per Share	18.49	18.24	17.48	17.00	16.23	15.76
Land	-	6,731	6,043	5,408	5,236	5,106
Machinery	-	12,017	11,275	10,232	9,674	9,365
Construction In Progress	-	445.63	1,287	1,711	969.21	509.65