HKG:1119 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	187.91	196.93	190.43	90.53	714.8
Trading Asset Securities	11.43	27.18	73.15	125.86	73.96
Cash & Short-Term Investments	199.34	224.11	263.57	216.38	788.76
Cash Growth	-11.05%	-14.97%	21.81%	-72.57%	-6.26%
Accounts Receivable	207.04	158.41	369.26	724.93	781.64
Other Receivables	132.63	230.16	170.18	144.32	290.9
Receivables	339.67	388.57	539.44	869.25	1,073
Inventory	-	-	-	20.69	11.33
Prepaid Expenses	363.18	383.43	342.92	376.61	488.52
Restricted Cash	31.88	65.18	38.11	87.1	10.25
Other Current Assets	452.46	505.75	518.06	547.56	1,235
Total Current Assets	1,387	1,567	1,702	2,118	3,607
Property, Plant & Equipment	254.89	211.79	194.59	293.36	218.63
Long-Term Investments	496.98	484.42	655.78	696.36	829.69
Goodwill	-	-	-	-	73.22
Other Intangible Assets	1,219	1,086	965.54	1,005	1,694
Long-Term Accounts Receivable	-	-	-	-	0.16
Long-Term Deferred Tax Assets	111.82	113	110.54	113.55	125.57
Other Long-Term Assets	155.8	128.04	79.14	98.14	59.76
Total Assets	3,625	3,590	3,708	4,324	6,611
Accounts Payable	178.82	378.77	273.42	443.5	112.5
Accrued Expenses	72.51	82.4	97.1	176.35	146.82
Short-Term Debt	822.56	918.75	802.9	528.4	467.5
Current Portion of Long-Term Debt	63.02	28	40	975.1	432.21
Current Portion of Leases	4.28	7.75	13.27	34.93	19.88
Current Income Taxes Payable	10.68	11.68	42	41.32	40.31
Current Unearned Revenue	52.54	107.47	170.75	199.13	250.64
Other Current Liabilities	238.44	201.11	154.65	48.34	19.71
Total Current Liabilities	1,443	1,736	1,594	2,447	1,490
Long-Term Debt	414.52	398.94	360.82	-	852.18
Long-Term Leases	7.25	-	9.54	82.11	59.95
Total Liabilities	1,865	2,135	1,964	2,529	2,402
Common Stock	4,259	1.1	1.02	0.91	0.89
Additional Paid-In Capital	-	3,967	3,748	3,295	3,165
Retained Earnings	-3,552	-3,462	-2,933	-2,376	115.83
Treasury Stock	-	-0.07	-3.18	-3.58	-0.02
Comprehensive Income & Other	967.54	867.15	832.93	704.92	653.21
Total Common Equity	1,674	1,374	1,646	1,620	3,935
Minority Interest	85.69	81.71	97.49	174.2	274.19
Shareholders' Equity	1,760	1,455	1,743	1,795	4,209
Total Liabilities & Equity	3,625	3,590	3,708	4,324	6,611
Total Debt	1,312	1,353	1,227	1,621	1,832
Net Cash (Debt)	-1,112	-1,129	-962.96	-1,404	-1,043
Net Cash Per Share	-0.62	-0.69	-0.68	-1.01	-0.83
Filing Date Shares Outstanding	1,922	1,685	1,559	1,392	1,361
Total Common Shares Outstanding	1,922	1,685	1,559	1,392	1,361
Working Capital	-56.31	-168.88	108.01	-329.47	2,117
Book Value Per Share	0.87	0.82	1.06	1.16	2.89
Tangible Book Value	455.72	287.71	680.2	615.63	2,168
Tangible Book Value Per Share	0.24	0.17	0.44	0.44	1.59
Machinery	-	38.05	36.51	41	44.68
Construction In Progress	-	127.66	94.26	72.16	43.94
Leasehold Improvements	-	0.1	0.9	53.31	31.85

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