HKG:1385 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	1,331	1,299	1,087	1,003	1,191	801.74
Trading Asset Securities	210.39	180.13	140.42	30.21	80.17	390.95
Cash & Short-Term Investments	1,541	1,479	1,228	1,034	1,271	1,193
Cash Growth	39.62%	20.43%	18.81%	-18.68%	6.57%	163.17%
Accounts Receivable	2,541	2,364	1,940	1,477	1,064	824.07
Other Receivables	5.43	2.04	2.66	5.67	1.72	0.15
Receivables	2,547	2,366	1,942	1,483	1,066	824.22
Inventory	2,537	2,637	3,134	3,177	1,483	916.08
Other Current Assets	234.82	377.76	176.44	243.47	507.01	108.68
Total Current Assets	6,860	6,859	6,481	5,937	4,327	3,042
Property, Plant & Equipment	1,540	1,591	1,644	1,630	930.11	670.51
Long-Term Investments	101.19	102.24	89	77.98	76.41	108.5
Other Intangible Assets	268.05	310.12	197.5	143.28	85.75	74.83
Long-Term Deferred Tax Assets	17.55	17.54	12.15	4.13	3.24	7.48
Long-Term Deferred Charges	291.55	254.51	552.72	520.19	382.77	230.11
Other Long-Term Assets	99.95	69.93	64.89	98.51	305.51	31.92
Total Assets	9,178	9,205	9,041	8,411	6,111	4,165
Accounts Payable	254.5	233.2	234.62	235.76	201.18	200.26
Accrued Expenses	131.86	244.3	198.81	264.37	214.89	182.63
Short-Term Debt	625.87	675.9	1,072	893.86	54	0.1
Current Portion of Long-Term Debt	170.83	162.5	353.78	55.24	-	31.66
Current Portion of Leases	-	13.27	14.43	17.1	15.18	13.18
Current Income Taxes Payable	44.42	0.07	0.18	0.36	-	4.21
Current Unearned Revenue	145.23	280.37	220.72	183.87	311.99	227.52
Other Current Liabilities	232.6	96.52	129.99	228.76	106.64	53.59
Total Current Liabilities	1,605	1,706	2,224	1,879	903.88	713.15
Long-Term Debt	574.03	637.13	239.86	530.06	-	18.2
Long-Term Leases	30.04	31.74	8.58	21.71	33.16	38.55
Long-Term Unearned Revenue	34.51	35.37	20.52	14.68	16.55	24.22
Long-Term Deferred Tax Liabilities	6.54	6.54	3.64	3.87	4.13	3.99
Other Long-Term Liabilities	34.04	34.04	-	-	-	-
Total Liabilities	2,284	2,451	2,497	2,450	957.72	798.11
Common Stock	82.37	82.37	82.14	81.91	81.67	81.45
Additional Paid-In Capital	1,940	1,940	1,883	1,783	1,623	1,259
Retained Earnings	4,228	4,080	3,913	3,422	2,813	1,789
Comprehensive Income & Other	32.71	33.35	16.21	16.12	13.68	10.51
Total Common Equity	6,283	6,135	5,894	5,303	4,531	3,140
Minority Interest	611.14	619.37	650.04	658.73	621.94	226.66
Shareholders' Equity	6,894	6,754	6,544	5,962	5,153	3,367
Total Liabilities & Equity	9,178	9,205	9,041	8,411	6,111	4,165
Total Debt	1,401	1,521	1,689	1,518	102.34	101.69
Net Cash (Debt)	140.7	-41.78	-460.6	-484.42	1,169	1,091
Net Cash Growth	-	-	-	-	7.12%	171.04%
Net Cash Per Share	0.17	-0.05	-0.56	-0.59	1.42	1.46
Filing Date Shares Outstanding	823.94	823.71	821.43	819.06	816.66	814.5
Total Common Shares Outstanding	823.94	823.71	821.43	819.06	816.66	814.5
Working Capital	5,254	5,153	4,257	4,058	3,423	2,329
Book Value Per Share	7.63	7.45	7.18	6.47	5.55	3.86
Tangible Book Value	6,015	5,825	5,697	5,160	4,445	3,065
Tangible Book Value Per Share	7.30	7.07	6.93	6.30	5.44	3.76
Buildings	-	972.02	941.73	549.41	424.29	361.82
Machinery	-	1,690	1,592	1,346	907.43	746.07
Construction In Progress	-	81.43	54.8	480.66	193.78	54.69

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