HKG:1713 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	432.16	569.9	500.26	770.09	589.98
Accounts Receivable	891.49	1,170	811.2	437.74	468.01
Other Receivables	88.34	82.94	56.42	22.19	19.73
Inventory	68.82	64.63	96.13	87.89	70.28
Prepaid Expenses	-	0.07	0.3	0.2	0.23
Other Current Assets	92.86	116.54	98.68	54.73	21.59
Total Current Assets	1,574	2,004	1,563	1,373	1,170
Property, Plant & Equipment	5,428	4,721	4,172	3,342	2,906
Other Intangible Assets	222.88	210.72	156.3	149.47	128.13
Long-Term Investments	322.49	350.73	369.43	243.14	382.89
Long-Term Deferred Tax Assets	82.85	69.03	55.29	37.61	41.48
Other Long-Term Assets	8.25	5.87	8.43	3.31	3.11
Total Assets	7,638	7,362	6,325	5,148	4,631
Accounts Payable	857.63	747.73	762.56	363.91	391.86
Accrued Expenses	175.88	275.76	226.25	192.55	169.25
Short-Term Debt	260	100	150	300	300
Current Portion of Long-Term Debt	242.78	35.19	33.87	12.87	12.87
Current Unearned Revenue	196.22	507.54	405.32	295.25	206.43
Current Portion of Leases	-	1.86	2.25	1.33	0.44
Current Income Taxes Payable	59.26	27.14	24.11	13.2	15.09
Other Current Liabilities	485.01	530.75	302.68	332.48	336.83
Total Current Liabilities	2,277	2,226	1,907	1,512	1,433
Long-Term Debt	397.7	557.44	323.5	-	-
Long-Term Leases	5.79	3.99	3.56	4.16	4.26
Long-Term Unearned Revenue	163.37	153.97	126.19	136.59	143.47
Long-Term Deferred Tax Liabilities	13.19	13.36	14.74	16.49	17.66
Other Long-Term Liabilities	952.57	721.71	545.98	293.97	37.39
Total Liabilities	3,809	3,676	2,921	1,963	1,636
Common Stock	1,074	1,074	1,074	1,074	1,074
Additional Paid-In Capital	-	203.43	203.43	203.43	203.43
Retained Earnings	1,601	1,459	1,199	991.56	823.85
Comprehensive Income & Other	1,081	878.02	878.02	878.02	878.02
Total Common Equity	3,757	3,615	3,355	3,147	2,980
Minority Interest	72	70.5	48.54	37.85	16.24
Shareholders' Equity	3,829	3,685	3,404	3,185	2,996
Total Liabilities & Equity	7,638	7,362	6,325	5,148	4,631
Total Debt	906.27	698.48	513.18	318.36	317.57
Net Cash (Debt)	-474.11	-128.58	-12.92	451.73	272.41
Net Cash Growth	-	-	-	65.83%	-1.98%
Net Cash Per Share	-0.44	-0.12	-0.01	0.42	0.25
Filing Date Shares Outstanding	1,074	1,074	1,074	1,074	1,074
Total Common Shares Outstanding	1,074	1,074	1,074	1,074	1,074
Working Capital	-703.12	-221.91	-344.04	-138.75	-262.96
Book Value Per Share	3.50	3.36	3.12	2.93	2.77
Tangible Book Value	3,534	3,404	3,199	2,998	2,852
Tangible Book Value Per Share	3.29	3.17	2.98	2.79	2.65
Machinery	7,445	6,541	5,968	4,984	4,557
Construction In Progress	475.77	458.2	277.01	272.11	115.14

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