HKG:1628 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	1,036	1,119	3,774	5,631	14,378
Short-Term Investments	3.98	-	-	400	2,174
Trading Asset Securities	-	-	240.81	-	-
Cash & Short-Term Investments	1,040	1,119	4,015	6,031	16,552
Cash Growth	-7.09%	-72.12%	-33.43%	-63.56%	-47.83%
Other Receivables	-	21,460	27,344	38,480	43,042
Receivables	-	21,460	27,344	38,480	43,042
Inventory	22,688	32,775	46,967	61,305	75,226
Prepaid Expenses	834.77	871.84	959.25	1,110	1,185
Restricted Cash	1,421	1,858	1,369	1,109	968.38
Other Current Assets	23,544	4,091	4,272	5,293	5,195
Total Current Assets	49,527	62,175	84,926	113,329	142,167
Property, Plant & Equipment	2,029	2,107	2,475	2,814	2,255
Long-Term Investments	5,192	6,913	7,894	8,485	10,643
Goodwill	-	-	65.96	65.96	741.2
Long-Term Deferred Tax Assets	622	683.17	1,050	1,858	1,199
Other Long-Term Assets	9,952	11,188	12,340	16,901	17,375
Total Assets	67,322	83,067	108,751	143,454	174,381
Accounts Payable	4,269	7,960	10,119	9,180	6,810
Accrued Expenses	1,262	2,134	3,087	3,644	4,802
Short-Term Debt	-	4,573	4,551	3,669	1,329
Current Portion of Long-Term Debt	3,052	40,742	42,759	46,184	12,670
Current Income Taxes Payable	1,689	1,979	1,985	2,216	2,774
Current Unearned Revenue	1,975	5,361	12,070	28,178	40,028
Other Current Liabilities	13,934	23,227	19,953	16,554	17,976
Total Current Liabilities	26,182	85,977	94,523	109,623	86,388
Long-Term Debt	30,074	7,305	7,234	5,268	42,584
Long-Term Deferred Tax Liabilities	1,010	1,520	1,934	3,487	4,015
Total Liabilities	57,265	94,803	103,691	118,378	132,986
Common Stock	1,320	559.95	559.95	559.95	559.95
Additional Paid-In Capital	-	1,008	1,008	1,008	1,008
Retained Earnings	-	-14,507	-2,277	8,498	20,657
Comprehensive Income & Other	12,145	390.9	1,140	1,907	3,890
Total Common Equity	13,465	-12,547	432.1	11,974	26,116
Minority Interest	-3,408	811.76	4,628	13,102	15,279
Shareholders' Equity	10,057	-11,736	5,060	25,075	41,395
Total Liabilities & Equity	67,322	83,067	108,751	143,454	174,381
Total Debt	33,126	52,620	54,544	55,120	56,582
Net Cash (Debt)	-32,087	-51,501	-50,530	-49,090	-40,031
Net Cash Per Share	-31.24	-78.83	-77.34	-75.13	-62.38
Filing Date Shares Outstanding	1,401	654.39	654.39	654.39	654.39
Total Common Shares Outstanding	1,401	654.39	654.39	654.39	654.39
Working Capital	23,345	-23,802	-9,598	3,705	55,779
Book Value Per Share	9.61	-22.10	-2.26	15.38	36.99
Tangible Book Value	13,465	-12,547	366.13	11,908	25,375
Tangible Book Value Per Share	9.61	-22.10	-2.36	15.27	35.85
Land	-	2,130	2,297	2,580	1,966
Machinery	-	269.11	267.6	273.32	292.82
Construction In Progress	-	-	-	-	0.24
Leasehold Improvements	-	15.29	15.07	14.93	14.07

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