HKG:1396 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	170.41	13.06	25.96	76.11	1,373
Short-Term Investments	575.59	146.72	150.89	32.54	-
Trading Asset Securities	-	-	-	2.01	0.01
Cash & Short-Term Investments	746	159.78	176.84	110.66	1,373
Cash Growth	366.90%	-9.65%	59.81%	-91.94%	-23.37%
Accounts Receivable	383.66	64.23	221.91	211.07	292.95
Other Receivables	373.56	410.15	1,044	1,048	1,518
Receivables	757.22	559.38	1,351	1,324	1,916
Inventory	3,172	8,122	11,637	14,377	13,855
Prepaid Expenses	520.32	465.62	515.21	653.96	565.27
Restricted Cash	59.81	193.55	568.4	1,864	763.52
Other Current Assets	-	1,522	1,939	1,668	1,749
Total Current Assets	5,255	11,022	16,187	19,999	20,223
Property, Plant & Equipment	6,184	1,309	1,666	2,091	3,154
Long-Term Investments	-	4.7	4.68	142.94	217.39
Goodwill	818.43	-	-	2.25	2.25
Other Intangible Assets	202.96	6.51	9.7	12.58	15.88
Long-Term Accounts Receivable	-	-	-	-	6.41
Long-Term Deferred Tax Assets	169.58	315.38	354.67	460.19	193.62
Total Assets	12,631	12,658	18,222	22,707	23,873
Accounts Payable	2,619	1,538	2,082	2,653	2,525
Accrued Expenses	-	387.63	485.06	452.75	229.37
Short-Term Debt	-	147.85	196.15	689.48	653.01
Current Portion of Long-Term Debt	704.99	966.81	1,994	2,957	471.63
Current Portion of Leases	487.34	0.48	0.53	3.74	8.47
Current Income Taxes Payable	182.13	431.06	799.56	691.91	795.48
Current Unearned Revenue	987.71	3,287	4,661	4,942	4,187
Other Current Liabilities	9.45	1,044	1,387	1,921	3,620
Total Current Liabilities	4,991	7,803	11,605	14,312	12,490
Long-Term Debt	645.83	4,724	4,345	4,670	5,481
Long-Term Leases	1,721	-	0.2	0.63	27.32
Long-Term Deferred Tax Liabilities	116.98	30.11	26.86	123.07	132.99
Other Long-Term Liabilities	1,174	-	-	87.52	84.18
Total Liabilities	8,649	12,558	15,977	19,193	18,216
Common Stock	99.24	69.58	36.6	36.6	36.6
Additional Paid-In Capital	-	1,217	1,188	1,188	1,188
Retained Earnings	-	-2,136	-301.16	908.12	2,460
Comprehensive Income & Other	3,845	1,238	1,315	1,289	1,403
Total Common Equity	3,945	389.13	2,239	3,422	5,088
Minority Interest	37.48	-288.92	5.78	93.06	569.06
Shareholders' Equity	3,982	100.21	2,244	3,515	5,657
Total Liabilities & Equity	12,631	12,658	18,222	22,707	23,873
Total Debt	3,559	5,840	6,536	8,321	6,642
Net Cash (Debt)	-2,813	-5,680	-6,359	-8,210	-5,268
Net Cash Per Share	-2.59	-10.28	-14.02	-18.09	-11.61
Filing Date Shares Outstanding	935.16	814.1	453.74	453.74	453.74
Total Common Shares Outstanding	935.16	814.1	453.74	453.74	453.74
Working Capital	264.45	3,219	4,582	5,687	7,732
Book Value Per Share	4.22	0.48	4.93	7.54	11.21
Tangible Book Value	2,923	382.62	2,229	3,407	5,070
Tangible Book Value Per Share	3.13	0.47	4.91	7.51	11.17
Land	-	-	0.54	222.17	444.23
Machinery	-	104.42	113.85	119.57	179.01

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