HKG:1478 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	2,139	1,447	2,893	1,349	1,743
Short-Term Investments	1,918	1,123	418.15	521.55	51.29
Trading Asset Securities	1,670	350.04	511.24	1,173	-
Cash & Short-Term Investments	5,727	2,921	3,822	3,043	1,794
Cash Growth	96.11%	-23.59%	25.61%	69.60%	-13.88%
Accounts Receivable	5,941	4,710	3,919	3,307	4,289
Receivables	5,941	4,710	3,919	3,307	4,289
Inventory	2,246	1,976	1,778	1,184	2,258
Other Current Assets	899.94	939.23	1,588	1,059	973.49
Total Current Assets	14,815	10,546	11,107	8,594	9,315
Property, Plant & Equipment	2,564	2,651	2,845	3,140	3,144
Long-Term Investments	2,032	1,105	758.61	330	344.49
Other Intangible Assets	15.97	19.46	22.69	26.3	20.13
Long-Term Deferred Tax Assets	46.27	105.12	180.29	165.67	109.99
Other Long-Term Assets	299.98	21.92	29.43	29.55	114.03
Total Assets	19,773	14,448	14,943	12,285	13,048
Accounts Payable	8,406	6,254	5,228	4,187	5,501
Accrued Expenses	152.26	111.51	78.32	77.78	186.68
Current Portion of Long-Term Debt	4,095	2,352	4,152	2,616	1,708
Current Portion of Leases	3.19	7.17	8.39	13.13	17.06
Current Income Taxes Payable	32.38	94.41	11.71	11.57	48.88
Current Unearned Revenue	6.75	11.86	5.55	16.31	23.97
Other Current Liabilities	414.21	253.84	183.34	327.53	594.25
Total Current Liabilities	13,109	9,085	9,666	7,249	8,079
Long-Term Debt	95	81.88	219.49	-	50
Long-Term Leases	2.74	3.49	7.48	14.39	13.67
Long-Term Unearned Revenue	146.11	178.8	212.69	247.65	200.08
Long-Term Deferred Tax Liabilities	4.19	7.13	4.85	6.62	-
Total Liabilities	13,357	9,357	10,111	7,518	8,343
Common Stock	9.53	9.49	9.49	9.49	9.47
Additional Paid-In Capital	-	1,440	1,440	1,440	1,427
Retained Earnings	-	3,005	2,726	2,644	2,473
Comprehensive Income & Other	6,406	637.05	656.5	669.12	790.21
Total Common Equity	6,416	5,091	4,832	4,762	4,699
Minority Interest	-	-	-	4.95	5.87
Shareholders' Equity	6,416	5,091	4,832	4,767	4,705
Total Liabilities & Equity	19,773	14,448	14,943	12,285	13,048
Total Debt	4,196	2,445	4,387	2,643	1,788
Net Cash (Debt)	1,532	475.57	-564.4	399.69	5.95
Net Cash Growth	222.07%	-	-	6614.11%	-99.23%
Net Cash Per Share	1.28	0.40	-0.48	0.34	0.01
Filing Date Shares Outstanding	1,190	1,190	1,185	1,185	1,182
Total Common Shares Outstanding	1,190	1,185	1,185	1,185	1,182
Working Capital	1,706	1,461	1,440	1,345	1,236
Book Value Per Share	5.39	4.30	4.08	4.02	3.98
Tangible Book Value	6,400	5,072	4,809	4,736	4,679
Tangible Book Value Per Share	5.38	4.28	4.06	4.00	3.96
Buildings	-	-	-	-	935.91
Machinery	-	3,763	3,591	3,572	3,410
Construction In Progress	-	60.54	84.66	124.38	234.12

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