HKG:1148 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	272.55	85.57	23.84	59.06	12.85
Short-Term Investments	-	12.16	-	-	-
Cash & Short-Term Investments	272.55	97.73	23.84	59.06	12.85
Cash Growth	178.89%	309.95%	-59.64%	359.50%	-76.75%
Accounts Receivable	1,002	2,499	2,348	768.85	268.67
Other Receivables	3.75	22.11	17.71	8.99	21.78
Receivables	1,006	2,521	2,365	777.84	290.46
Inventory	457.1	509.4	518.12	502.57	490.73
Other Current Assets	40.99	101.42	105.08	148.62	273.94
Total Current Assets	1,776	3,230	3,012	1,488	1,068
Property, Plant & Equipment	1,205	1,370	1,528	1,708	1,880
Long-Term Investments	249.65	271.72	291.88	211.26	-
Long-Term Deferred Tax Assets	6.14	8.54	10.58	16.04	19.55
Long-Term Deferred Charges	502.42	482.26	535.34	603.38	646.68
Other Long-Term Assets	105.33	109.45	113.57	117.7	335.51
Total Assets	3,854	5,478	5,501	4,156	3,965
Accounts Payable	1,080	2,631	2,562	518.42	817.03
Accrued Expenses	19.79	26.49	21.67	70.58	30.69
Short-Term Debt	-	-	52.49	60	70
Current Portion of Long-Term Debt	551.71	446.15	486.59	491.74	998.23
Current Portion of Leases	136.74	136.73	140.04	170.02	2.1
Current Income Taxes Payable	0.34	0.4	1.44	1.05	-
Current Unearned Revenue	25.2	13	9.48	4.91	9.62
Other Current Liabilities	35	39.61	34.1	498.94	47.09
Total Current Liabilities	1,849	3,293	3,308	1,816	1,975
Long-Term Debt	107.8	156.75	64.24	108.18	172.06
Long-Term Leases	127.53	263.21	397.8	537.84	2.16
Long-Term Unearned Revenue	6.96	10.59	14.89	19.52	25.24
Total Liabilities	2,092	3,724	3,785	2,481	2,174
Common Stock	10.46	10.46	10.46	10.46	10.46
Additional Paid-In Capital	700.26	700.26	700.26	700.26	700.26
Retained Earnings	861.6	852.98	814.81	773.74	889.57
Comprehensive Income & Other	190.49	190.46	190.49	190.47	190.33
Shareholders' Equity	1,763	1,754	1,716	1,675	1,791
Total Liabilities & Equity	3,854	5,478	5,501	4,156	3,965
Total Debt	923.78	1,003	1,141	1,368	1,245
Net Cash (Debt)	-651.23	-905.12	-1,117	-1,309	-1,232
Net Cash Per Share	-0.51	-0.71	-0.87	-1.02	-0.96
Filing Date Shares Outstanding	1,282	1,282	1,282	1,282	1,282
Total Common Shares Outstanding	1,282	1,282	1,282	1,282	1,282
Working Capital	-72.99	-63.29	-295.69	-327.58	-906.78
Book Value Per Share	1.37	1.37	1.34	1.31	1.40
Tangible Book Value	1,763	1,754	1,716	1,675	1,791
Tangible Book Value Per Share	1.37	1.37	1.34	1.31	1.40
Buildings	870.54	869.44	869.47	869.02	950.41
Machinery	1,371	1,403	1,389	1,216	2,348
Construction In Progress	58.76	63.56	51.33	209.04	230.65