HKG:1232 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	69.87	97.88	209.26	193.22	346.91
Cash & Short-Term Investments	69.87	97.88	209.26	193.22	346.91
Cash Growth	-28.61%	-53.23%	8.30%	-44.30%	-60.98%
Accounts Receivable	84.86	64.59	39.01	33.58	0.35
Other Receivables	254.17	252.25	236.88	231.92	178.54
Receivables	339.03	316.85	275.89	265.5	178.9
Inventory	2,277	2,455	3,506	5,172	6,044
Prepaid Expenses	119.64	220.33	190.03	208.48	229.35
Other Current Assets	2,659	168.1	439.11	886.06	1,172
Total Current Assets	5,465	3,258	4,620	6,726	7,971
Property, Plant & Equipment	116.87	412.87	460.54	557.58	599.45
Long-Term Investments	595.77	479.55	526.11	592.12	588.53
Long-Term Deferred Tax Assets	17	77.79	53.59	110.3	126.99
Other Long-Term Assets	1,263	3,891	4,337	4,325	4,553
Total Assets	7,458	8,119	9,998	12,311	13,839
Accounts Payable	741.35	741.15	1,453	914.2	946.99
Current Portion of Long-Term Debt	586.43	3,844	4,004	4,897	4,540
Current Portion of Leases	24.73	42.87	52.34	55.92	44.48
Current Income Taxes Payable	705.73	589.88	495.34	413.88	498.52
Current Unearned Revenue	264.19	212.28	461.2	1,908	2,406
Other Current Liabilities	5,249	1,459	1,314	833.81	849.64
Total Current Liabilities	7,571	6,889	7,780	9,023	9,286
Long-Term Debt	39.3	217.37	326.4	261	504.99
Long-Term Leases	55.07	83.24	97.6	140.92	152.62
Long-Term Deferred Tax Liabilities	186.32	739.7	826.82	959.29	965.3
Total Liabilities	7,852	7,929	9,031	10,384	10,909
Common Stock	112.88	112.88	112.88	112.88	112.88
Additional Paid-In Capital	-	474.82	474.82	474.82	474.82
Retained Earnings	-	-809.26	14.67	1,050	2,104
Comprehensive Income & Other	-787.69	128.16	130.62	151.3	153.16
Total Common Equity	-674.81	-93.4	733	1,789	2,844
Minority Interest	280.28	283.09	233.82	137.68	86.01
Shareholders' Equity	-394.53	189.7	966.82	1,926	2,930
Total Liabilities & Equity	7,458	8,119	9,998	12,311	13,839
Total Debt	705.53	4,187	4,480	5,355	5,242
Net Cash (Debt)	-635.66	-4,089	-4,271	-5,162	-4,895
Net Cash Per Share	-3.53	-22.73	-23.74	-28.69	-27.20
Filing Date Shares Outstanding	179.9	179.9	179.9	179.9	179.9
Total Common Shares Outstanding	179.9	179.9	179.9	179.9	179.9
Working Capital	-2,107	-3,631	-3,160	-2,297	-1,315
Book Value Per Share	-3.75	-0.52	4.07	9.94	15.81
Tangible Book Value	-674.81	-93.4	733	1,789	2,844
Tangible Book Value Per Share	-3.75	-0.52	4.07	9.94	15.81
Land	-	416.56	419.12	454.48	432.94
Machinery	-	33.96	33.42	34.33	34.59
Construction In Progress	-	-	-	-	57.65
Leasehold Improvements	-	184.37	172.2	170.49	162.14

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.