HKG:1250 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	4,616	3,646	4,450	3,217	929.41
Trading Asset Securities	427.79	553.17	493.42	364.37	473.43
Accounts Receivable	8,850	9,364	8,586	8,194	9,255
Other Receivables	213.49	248.37	158.04	108.63	287.15
Inventory	33.7	44.69	64.96	84.04	103.07
Prepaid Expenses	1,276	1,461	1,291	1,184	1,434
Restricted Cash	2.3	11.8	29.42	53.39	106.07
Loans Receivable Current	820.84	801.75	873.57	614.03	474.83
Other Current Assets	456.87	446.17	879.53	850.62	79.02
Total Current Assets	16,697	16,577	16,825	14,671	13,143
Property, Plant & Equipment	23,618	23,876	24,825	22,154	22,593
Goodwill	458.88	458.88	459.05	408.34	446.31
Other Intangible Assets	3,663	3,894	4,103	2,215	2,590
Long-Term Investments	1,953	1,769	1,808	1,590	1,325
Long-Term Deferred Tax Assets	448.44	437.27	439.28	351.84	232.6
Other Long-Term Assets	1,706	1,391	1,295	4,632	4,375
Total Assets	48,545	48,405	49,755	46,022	44,705
Accounts Payable	1,008	890.34	1,351	1,718	2,685
Accrued Expenses	74.96	62.72	783.38	83.48	87.58
Short-Term Debt	-	-	-	-	703.21
Current Portion of Long-Term Debt	8,326	6,415	7,559	4,941	7,631
Current Unearned Revenue	238.34	317.24	444.79	388.38	544.07
Current Portion of Leases	229.69	390.06	608.37	470.91	822.13
Current Income Taxes Payable	188.54	141.54	175.72	189.28	183.95
Other Current Liabilities	245.32	629.54	10.61	1,198	2,580
Total Current Liabilities	10,310	8,846	10,934	8,989	15,237
Long-Term Debt	16,937	18,218	17,711	19,517	14,175
Long-Term Leases	1,152	1,541	3,100	2,581	2,877
Long-Term Unearned Revenue	-	-	-	-	41.15
Long-Term Deferred Tax Liabilities	397.92	432.81	455.77	209.71	266.26
Other Long-Term Liabilities	-	9.3	9.03	1,376	2,266
Total Liabilities	28,797	29,047	32,210	32,673	34,862
Common Stock	94.88	94.88	94.88	99.36	51.75
Additional Paid-In Capital	8,962	8,962	8,962	9,340	4,827
Retained Earnings	4,848	4,619	4,335	4,086	3,553
Comprehensive Income & Other	-448.46	-448.61	-300.35	-649.75	733.66
Total Common Equity	13,456	13,227	13,091	12,876	9,165
Minority Interest	6,291	6,131	4,454	473.69	677.51
Shareholders' Equity	19,748	19,358	17,545	13,350	9,843
Total Liabilities & Equity	48,545	48,405	49,755	46,022	44,705
Total Debt	26,644	26,563	28,979	27,510	26,208
Net Cash (Debt)	-21,600	-22,364	-24,036	-23,928	-24,805
Net Cash Per Share	-9.61	-9.95	-10.70	-12.74	-19.52
Filing Date Shares Outstanding	2,247	2,247	2,247	2,247	1,271
Total Common Shares Outstanding	2,247	2,247	2,247	2,247	1,271
Working Capital	6,387	7,731	5,892	5,682	-2,094
Book Value Per Share	5.99	5.89	5.83	5.73	7.21
Tangible Book Value	9,334	8,874	8,529	10,253	6,129
Tangible Book Value Per Share	4.15	3.95	3.80	4.56	4.82
Buildings	523.38	460.54	453.88	410.17	422.47
Machinery	28,462	27,315	25,531	20,786	18,491
Construction In Progress	916.32	534.03	420.08	817.4	509.43

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