HKG:1501 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	630.71	521.95	423.67	518.27	640.55
Short-Term Investments	20.87	-	10.73	10	-
Trading Asset Securities	-	30	-	-	-
Cash & Short-Term Investments	651.57	551.95	434.4	528.27	640.55
Cash Growth	18.05%	27.06%	-17.77%	-17.53%	-31.97%
Accounts Receivable	112.12	115.07	122.92	71.38	78.67
Other Receivables	-	3.81	2.27	2.7	0.91
Receivables	112.12	118.88	125.19	74.08	79.58
Inventory	195	162.34	128.77	154.28	92.49
Other Current Assets	64.13	58.96	35.93	45.32	45.81
Total Current Assets	1,023	892.13	724.29	801.94	858.44
Property, Plant & Equipment	940.59	916.66	898.28	749.61	564.97
Long-Term Investments	349.11	199.31	206.47	162.45	130.17
Goodwill	306.1	-	-	-	-
Other Intangible Assets	442.24	168.74	130.37	7.16	6.42
Long-Term Deferred Tax Assets	39.33	30.37	17.65	15.04	9.46
Long-Term Deferred Charges	-	-	-	62.77	21.46
Other Long-Term Assets	31.75	52.67	52.56	28.37	30.63
Total Assets	3,132	2,260	2,030	1,827	1,622
Accounts Payable	228.62	44.32	33.03	36.41	26.99
Accrued Expenses	-	45.91	40.87	37.12	18.92
Short-Term Debt	518.43	227.26	79.12	32.68	-
Current Portion of Leases	9.66	0.9	-	0.2	0.19
Current Income Taxes Payable	23.75	21.51	22.42	12.6	12.22
Current Unearned Revenue	30.09	21.04	38.62	66.8	36.11
Other Current Liabilities	-	73.52	102.76	53.85	58.8
Total Current Liabilities	810.55	434.46	316.83	239.67	153.22
Long-Term Debt	171.4	-	-	-	-
Long-Term Leases	16.53	15.52	15.66	15.94	13.21
Long-Term Unearned Revenue	32.48	23.41	16.99	10.95	13.7
Long-Term Deferred Tax Liabilities	12.88	-	1.77	6.67	3.5
Other Long-Term Liabilities	-0.06	-	-	-	-
Total Liabilities	1,044	473.39	351.25	273.23	183.63
Common Stock	176	176	171	168	166
Retained Earnings	-	652.3	507.5	391.36	303.33
Treasury Stock	-	-40.18	-21.26	-	-
Comprehensive Income & Other	1,819	986.11	992	952.65	926.14
Total Common Equity	1,995	1,774	1,649	1,512	1,395
Minority Interest	92.88	12.27	29.14	42.09	42.45
Shareholders' Equity	2,088	1,786	1,678	1,554	1,438
Total Liabilities & Equity	3,132	2,260	2,030	1,827	1,622
Total Debt	716.02	243.69	94.78	48.83	13.4
Net Cash (Debt)	-64.44	308.27	339.62	479.44	627.15
Net Cash Growth	-	-9.23%	-29.16%	-23.55%	-33.27%
Net Cash Per Share	-0.37	1.81	1.99	2.84	3.76
Filing Date Shares Outstanding	182.97	175.2	170.11	168	166
Total Common Shares Outstanding	182.97	175.2	170.11	168	166
Working Capital	212.28	457.68	407.46	562.28	705.22
Book Value Per Share	10.90	10.13	9.70	9.00	8.41
Tangible Book Value	1,247	1,605	1,519	1,505	1,389
Tangible Book Value Per Share	6.82	9.16	8.93	8.96	8.37
Buildings	-	518.29	425.78	61.2	43.52
Machinery	-	348.95	297.7	219	171.07
Construction In Progress	-	1.94	89.86	386.1	286.09
Leasehold Improvements	-	156.38	122.8	83.41	46.57

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