HKG:1238 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	5,633	5,369	6,104	7,735	9,590	19,407
Trading Asset Securities	8.51	10.11	9.37	117.38	138.7	189.92
Cash & Short-Term Investments	5,642	5,379	6,113	7,852	9,729	19,597
Cash Growth	-6.37%	-12.01%	-22.15%	-19.29%	-50.36%	-23.59%
Accounts Receivable	1,499	1,568	1,637	2,220	3,797	3,566
Other Receivables	24,049	15,120	14,624	13,468	13,609	5,605
Receivables	25,547	16,688	16,262	15,688	17,591	11,338
Inventory	37,450	42,860	59,739	76,943	86,999	87,699
Prepaid Expenses	1,468	1,449	1,814	1,812	1,675	1,411
Restricted Cash	1,888	1,873	1,432	1,511	2,218	5,661
Other Current Assets	3,257	11,735	12,056	12,672	15,761	22,792
Total Current Assets	75,252	79,984	97,415	116,478	133,972	148,499
Property, Plant & Equipment	5,043	5,606	7,160	8,831	8,700	8,328
Long-Term Investments	6,462	6,549	8,613	9,614	9,917	10,069
Goodwill	20.64	20.64	20.64	20.64	20.64	20.64
Other Intangible Assets	2.73	3.06	4.28	6.75	8.59	4.86
Long-Term Accounts Receivable	-	-	-	-	232.08	222.78
Long-Term Deferred Tax Assets	2,385	2,290	2,410	2,577	1,713	1,110
Other Long-Term Assets	69,422	74,084	76,395	77,278	79,187	76,803
Total Assets	158,588	168,536	192,017	214,806	233,751	245,056

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	11,373	11,034	11,600	13,673	15,314	16,197
Accrued Expenses	6,307	5,890	3,976	2,838	6,780	4,026
Short-Term Debt	-	14.3	55.16	236.5	1,378	2,546
Current Portion of Long-Term Debt	32,232	34,208	26,124	29,147	18,307	19,476
Current Portion of Leases	58.61	84.23	69.4	219.62	127.5	189.9
Current Income Taxes Payable	17,768	17,732	17,299	16,323	15,713	13,238
Current Unearned Revenue	6,027	9,466	20,024	32,052	36,764	38,925
Other Current Liabilities	21,726	22,573	23,945	25,493	22,797	26,155
Total Current Liabilities	95,493	101,003	103,093	119,981	117,181	120,755
Long-Term Debt	17,543	20,832	31,542	29,437	43,407	50,935
Long-Term Leases	349.37	515.9	1,181	2,641	2,654	2,350
Long-Term Deferred Tax Liabilities	5,985	6,030	6,803	7,428	7,817	8,472
Other Long-Term Liabilities	-	-	-	-	89.49	137.12
Total Liabilities	119,371	128,381	142,618	159,487	171,149	182,649

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	36.78	36.78	36.78	36.78	36.78	36.78
Retained Earnings	24,371	25,080	30,966	36,379	39,032	38,977
Comprehensive Income & Other	1,726	1,610	2,033	2,632	2,557	2,200
Total Common Equity	26,133	26,726	33,037	39,047	41,625	41,213
Minority Interest	13,084	13,428	16,362	16,272	20,976	21,194
Shareholders' Equity	39,217	40,155	49,399	55,319	62,602	62,407
Total Liabilities & Equity	158,588	168,536	192,017	214,806	233,751	245,056

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	50,183	55,655	58,972	61,680	65,874	75,497
Net Cash (Debt)	-44,542	-50,276	-52,859	-53,828	-56,146	-55,900
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-10.76	-12.14	-12.77	-13.00	-13.56	-13.50
Filing Date Shares Outstanding	4,140	4,140	4,140	4,140	4,140	4,140
Total Common Shares Outstanding	4,140	4,140	4,140	4,140	4,140	4,140
Working Capital	-20,241	-21,019	-5,678	-3,503	16,791	27,743
Book Value Per Share	6.31	6.45	7.98	9.29	9.93	9.83
Tangible Book Value	26,110	26,703	33,012	39,020	41,596	41,188
Tangible Book Value Per Share	6.31	6.45	7.97	9.28	9.92	9.82
Buildings	-	4,084	4,361	4,509	4,587	4,436
Machinery	-	396.44	399.52	422.96	404.52	445.39
Construction In Progress	-	1,132	1,377	1,278	1,019	726.72
Leasehold Improvements	-	48.26	46.32	37.9	-	-