HKG:1292 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	511.64	671.96	995.09	882.94	755.72	992.31
Short-Term Investments	-	-	-	150.03	150.72	204.59
Cash & Short-Term Investments	511.64	671.96	995.09	1,033	906.44	1,197
Cash Growth	-52.96%	-32.47%	-3.67%	13.96%	-24.27%	7.11%
Accounts Receivable	3,158	3,415	2,711	2,489	2,356	1,645
Other Receivables	121.45	14.88	10.55	17.76	-	-
Receivables	3,280	3,430	2,722	2,507	2,356	1,645
Inventory	23.59	17.51	14.09	28.88	18.52	2.82
Prepaid Expenses	14.75	129.44	16.16	12.13	73.65	59.2
Restricted Cash	-	-	-	-	220.03	13.76
Other Current Assets	4.89	106.46	82.34	89.25	-	-
Total Current Assets	3,835	4,355	3,830	3,670	3,574	2,917
Property, Plant & Equipment	632.55	673.68	750.62	954.63	1,030	913.61
Long-Term Investments	103.32	103.48	102.2	158.93	161.41	161.85
Goodwill	5.02	5.02	5.02	5.02	5.02	5.02
Other Intangible Assets	227.51	235.54	249.65	273.46	24.26	60.71
Long-Term Deferred Tax Assets	36.68	39.08	49.15	63.8	68.21	62.81
Long-Term Deferred Charges	96.6	99.38	26.43	7.72	-	-
Other Long-Term Assets	188.5	193.65	183.67	40.96	53.25	55.08
Total Assets	5,125	5,705	5,197	5,174	4,916	4,176

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	1,928	2,398	2,229	2,051	2,047	1,524
Accrued Expenses	187.45	149.93	169.53	185.32	145.02	146.97
Short-Term Debt	35.51	17.82	12.06	26.53	-	2.8
Current Portion of Long-Term Debt	-	16.21	13.42	34.26	0.4	-
Current Portion of Leases	-	73.28	62.68	83.74	54.04	45.4
Current Income Taxes Payable	-	9.97	9.74	6.77	4.81	3.56
Current Unearned Revenue	27.44	161.62	14.74	13.32	9.01	5.57
Other Current Liabilities	552.5	474.46	369.19	328.5	295.79	241.02
Total Current Liabilities	2,731	3,302	2,880	2,730	2,556	1,969
Long-Term Debt	-	-	-	97.52	39.58	-
Long-Term Leases	54.74	84.74	97.39	137.55	139.71	91.26
Long-Term Unearned Revenue	18.17	18.17	12.43	13.14	9.31	11.52
Long-Term Deferred Tax Liabilities	-	1.4	0.23	6.72	6.48	6.33
Other Long-Term Liabilities	0.01	0.01	0.01	0.37	3.15	2.25
Total Liabilities	2,804	3,406	2,990	2,985	2,754	2,080

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	202.06	202.06	162.06	162.06	162.06	162.06
Additional Paid-In Capital	-	127.26	67.11	67.11	66.91	66.91
Retained Earnings	1,794	1,771	1,782	1,754	1,722	1,692
Comprehensive Income & Other	166	37.06	36.58	32.83	34.41	30.55
Total Common Equity	2,162	2,138	2,047	2,016	1,986	1,952
Minority Interest	158.38	161.3	159.15	173.31	176.07	144.38
Shareholders' Equity	2,320	2,299	2,207	2,190	2,162	2,096
Total Liabilities & Equity	5,125	5,705	5,197	5,174	4,916	4,176

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	90.26	192.06	185.55	379.59	233.73	139.45
Net Cash (Debt)	421.38	479.91	809.54	653.38	672.71	1,057
Net Cash Growth	-51.65%	-40.72%	23.90%	-2.87%	-36.38%	1.57%
Net Cash Per Share	2.13	2.59	5.00	4.03	4.15	6.52
Filing Date Shares Outstanding	204.97	202.06	162.06	162.06	162.06	162.06
Total Common Shares Outstanding	204.97	202.06	162.06	162.06	162.06	162.06
Working Capital	1,103	1,054	949.98	940.37	1,018	948.35
Book Value Per Share	10.55	10.58	12.63	12.44	12.25	12.04
Tangible Book Value	1,930	1,897	1,793	1,738	1,957	1,886
Tangible Book Value Per Share	9.41	9.39	11.06	10.72	12.07	11.64
Buildings	-	771.06	770	822.88	820.89	765.77
Machinery	-	576.97	685.47	765.14	521.09	460.09
Construction In Progress	-	12.4	5.01	9.15	14.73	80.37
Leasehold Improvements	-	-	-	-	6.52	-