HKG:1265 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	519.06	694.92	789.61	1,067	1,151
Accounts Receivable	399.66	254.29	286.11	367.58	204.51
Other Receivables	0.82	1.01	1.91	1.7	4.76
Inventory	0.98	1.68	2.04	4.28	4.66
Other Current Assets	94.62	3.97	2.13	38.18	24.37
Total Current Assets	1,015	955.89	1,082	1,479	1,389
Property, Plant & Equipment	752.32	789.34	809.92	897.85	860.07
Other Intangible Assets	9.73	10.19	10.67	11.17	11.45
Long-Term Investments	114.35	143.07	140.77	54.9	49.14
Long-Term Deferred Tax Assets	70.87	70.68	69.05	58.78	34.32
Other Long-Term Assets	67.63	61.58	65.18	1.61	1.14
Total Assets	2,030	2,031	2,177	2,503	2,345
Accounts Payable	269.81	192.3	296.88	434.17	200.48
Accrued Expenses	28.97	18.94	26.67	59.5	62.41
Current Unearned Revenue	243.4	281.68	277.41	291.49	295.25
Current Portion of Leases	0.56	1.21	0.56	-	-
Current Income Taxes Payable	0.44	0.48	0.53	1.07	0.85
Other Current Liabilities	44.62	48.58	48.1	39.18	31.25
Total Current Liabilities	587.8	543.19	650.15	825.41	590.25
Long-Term Leases	-	0.56	0.58	-	-
Long-Term Unearned Revenue	102.17	103.36	96.94	92.42	101.47
Total Liabilities	689.97	647.11	747.66	917.83	691.72
Common Stock	183.93	183.93	183.93	183.93	183.93
Additional Paid-In Capital	-	788.7	788.7	788.7	788.7
Retained Earnings	365.82	410.08	456.41	611.58	679.93
Comprehensive Income & Other	790.33	1.63	1.63	2.18	1.93
Total Common Equity	1,340	1,384	1,431	1,586	1,654
Minority Interest	-	-0.71	-0.94	-0.92	-0.83
Shareholders' Equity	1,340	1,384	1,430	1,585	1,654
Total Liabilities & Equity	2,030	2,031	2,177	2,503	2,345
Total Debt	0.56	1.78	1.14	-	-
Net Cash (Debt)	518.5	693.15	788.47	1,067	1,151
Net Cash Growth	-25.20%	-12.09%	-26.12%	-7.27%	-8.36%
Net Cash Per Share	0.28	0.38	0.43	0.58	0.63
Filing Date Shares Outstanding	1,839	1,839	1,839	1,839	1,839
Total Common Shares Outstanding	1,839	1,839	1,839	1,839	1,839
Working Capital	427.35	412.7	431.66	653.59	799
Book Value Per Share	0.73	0.75	0.78	0.86	0.90
Tangible Book Value	1,330	1,374	1,420	1,575	1,643
Tangible Book Value Per Share	0.72	0.75	0.77	0.86	0.89
Buildings	28.96	48.38	48.38	48.99	48.99
Machinery	324.84	302.13	285.73	267.12	230.49
Construction In Progress	38.64	31.61	18.78	13.03	4.87

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