HKG:1088 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	Sep '26 Sep 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	59,755	23,288	66,413	108,174	170,503	156,706
Short-Term Investments	58,809	57,342	64,326	34,768	90	2,077
Trading Asset Securities	-	-	17,302	-	-	-
Cash & Short-Term Investments	118,564	80,630	148,041	142,942	170,593	158,783
Cash Growth	10.01%	-45.53%	3.57%	-16.21%	7.44%	27.98%
Accounts Receivable	30,209	18,843	15,605	19,858	12,602	13,607
Other Receivables	-	796	531	959	3,578	1,968
Receivables	30,209	24,873	21,031	25,717	17,346	20,075
Inventory	17,811	11,850	12,666	12,846	12,096	12,633
Prepaid Expenses	24,643	6,601	6,671	6,218	-	8,361
Other Current Assets	15,472	23,015	18,730	11,228	11,015	8,458
Total Current Assets	206,699	146,969	207,139	198,951	211,050	208,310
Property, Plant & Equipment	550,936	375,102	357,045	339,307	272,118	315,872
Long-Term Investments	89,813	65,396	62,753	58,121	52,036	49,882
Goodwill	-	113	113	113	143	199
Other Intangible Assets	8,968	5,904	5,487	4,662	52,589	4,651
Long-Term Deferred Tax Assets	8,358	6,481	6,158	5,301	5,145	3,568
Long-Term Deferred Charges	-	5,849	4,175	3,633	7,619	4,104
Other Long-Term Assets	59,597	25,963	28,769	23,324	21,143	23,386
Total Assets	924,371	631,777	671,639	633,412	621,843	610,372

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	55,998	41,513	38,961	38,901	24,079	35,216
Accrued Expenses	87,478	27,346	29,354	23,711	16,380	27,327
Short-Term Debt	-	409	4,812	2,927	5,216	4,248
Current Portion of Long-Term Debt	79,462	6,223	12,229	1,695	7,414	5,669
Current Portion of Leases	181	306	390	300	297	187
Current Income Taxes Payable	3,507	3,505	3,646	4,757	5,510	9,028
Current Unearned Revenue	11,848	3,810	4,001	7,208	5,597	6,864
Other Current Liabilities	6,083	6,150	11,723	12,086	33,911	3,209
Total Current Liabilities	244,557	89,262	105,116	91,585	98,404	91,748
Long-Term Debt	76,040	28,268	31,682	32,608	41,891	52,365
Long-Term Leases	1,087	971	1,133	1,332	1,445	1,510
Long-Term Deferred Tax Liabilities	7,806	1,760	1,348	1,137	1,166	974
Other Long-Term Liabilities	44,156	26,049	32,098	25,099	19,618	14,779
Total Liabilities	373,646	146,310	171,377	151,761	162,524	161,376

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	21,689	19,869	19,869	19,869	19,869	19,869
Additional Paid-In Capital	-	84,766	84,766	88,423	67,712	84,766
Retained Earnings	-	310,074	320,230	322,650	290,940	286,211
Comprehensive Income & Other	431,344	-2,133	-2,270	-19,464	15,379	-10,993
Total Common Equity	453,033	412,576	422,595	411,478	393,900	379,853
Minority Interest	97,692	72,891	77,667	70,173	65,419	69,143
Shareholders' Equity	550,725	485,467	500,262	481,651	459,319	448,996
Total Liabilities & Equity	924,371	631,777	671,639	633,412	621,843	610,372

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	156,770	36,177	50,246	38,862	56,263	63,979
Net Cash (Debt)	-38,206	44,453	97,795	104,080	114,330	94,804
Net Cash Growth	-	-54.55%	-6.04%	-8.96%	20.60%	55.73%
Net Cash Per Share	-1.90	2.24	4.92	5.24	5.75	4.77
Filing Date Shares Outstanding	21,688	19,869	19,869	19,869	19,869	19,869
Total Common Shares Outstanding	21,688	19,869	19,869	19,869	19,869	19,869
Working Capital	-37,858	57,707	102,023	107,366	112,646	116,562
Book Value Per Share	20.89	20.77	21.27	20.71	19.83	19.12
Tangible Book Value	444,065	406,559	416,995	406,703	341,168	375,003
Tangible Book Value Per Share	20.48	20.46	20.99	20.47	17.17	18.87
Land	-	77,562	74,522	66,004	-	59,577
Buildings	-	-	-	-	60,307	-
Machinery	-	297,240	275,547	259,014	388,597	225,145
Construction In Progress	56,711	32,700	27,899	18,955	22,061	26,201