HKG:1641 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	93.83	36.02	56.15	57.03
Short-Term Investments	-	30.82	50.74	80.43
Cash & Short-Term Investments	93.83	66.84	106.89	137.47
Cash Growth	40.38%	-37.47%	-22.24%	-
Accounts Receivable	15.28	6.73	4.03	7.2
Other Receivables	-	-	15.51	14.17
Receivables	15.28	6.73	19.53	21.37
Inventory	0.37	0.35	0.68	0.53
Prepaid Expenses	66.25	3.32	2.76	2.57
Total Current Assets	175.73	77.23	129.87	161.93
Property, Plant & Equipment	829.84	864.48	860.71	492.86
Long-Term Investments	-	-	61.33	20.11
Other Intangible Assets	0.3	0.39	0.13	1.43
Long-Term Deferred Tax Assets	3.81	3.84	3.32	2.29
Other Long-Term Assets	214.3	266.02	233.75	255.99
Total Assets	1,224	1,212	1,289	934.61
Accounts Payable	1.69	1.54	1.39	1.08
Accrued Expenses	-	-	10.74	10.89
Current Portion of Long-Term Debt	10.54	5.13	0.13	-
Current Income Taxes Payable	6.62	6.81	6.63	3.35
Current Unearned Revenue	3.82	7.43	5.39	4.76
Other Current Liabilities	99.57	114.03	198.98	46.25
Total Current Liabilities	122.23	134.94	223.26	66.33
Long-Term Debt	193.77	203.35	155.8	-
Long-Term Unearned Revenue	33.42	35.74	28.52	32.06
Other Long-Term Liabilities	13.83	13.51	-	-
Total Liabilities	363.25	387.54	407.58	98.39
Common Stock	75	75	75	75
Retained Earnings	-	152.39	209.46	164.19
Comprehensive Income & Other	785.73	597.02	597.07	597.02
Shareholders' Equity	860.73	824.41	881.53	836.22
Total Liabilities & Equity	1,224	1,212	1,289	934.61
Total Debt	204.31	208.48	155.92	-
Net Cash (Debt)	-110.48	-141.64	-49.03	137.47
Net Cash Per Share	-1.47	-1.89	-0.65	1.83
Filing Date Shares Outstanding	75	75	75	75
Total Common Shares Outstanding	75	75	75	75
Working Capital	53.5	-57.71	-93.39	95.6
Book Value Per Share	11.48	10.99	11.75	11.15
Tangible Book Value	860.43	824.02	881.4	834.79
Tangible Book Value Per Share	11.47	10.99	11.75	11.13
Buildings	-	817.7	450.02	450.2
Machinery	-	190.67	100.47	98.7
Construction In Progress	-	0.59	425.31	35.3

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