HKG:1728 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	844.01	573.09	744.86	734.09	208.77
Short-Term Investments	269.99	240.74	387.35	399.94	889.58
Trading Asset Securities	42.57	56.48	84.29	89.97	122.59
Cash & Short-Term Investments	1,157	870.3	1,216	1,224	1,221
Cash Growth	32.89%	-28.46%	-0.61%	0.25%	-23.62%
Accounts Receivable	793.68	1,145	941.95	907.44	1,005
Other Receivables	4,063	4,327	4,146	3,261	3,235
Receivables	4,856	5,472	5,088	4,169	4,240
Inventory	2,811	3,307	3,772	4,064	2,649
Other Current Assets	4,121	5,672	4,350	4,373	4,681
Total Current Assets	12,945	15,321	14,426	13,830	12,791
Property, Plant & Equipment	7,860	8,412	8,564	8,373	8,605
Long-Term Investments	561.83	551.57	871.02	960.29	533.37
Goodwill	455.95	534.64	566.74	566.74	566.74
Other Intangible Assets	1,958	2,303	2,540	2,705	2,632
Long-Term Deferred Tax Assets	533.06	703.45	758.01	673.05	616.63
Other Long-Term Assets	983.57	1,393	1,789	624.63	385.71
Total Assets	25,298	29,218	29,515	27,733	26,130
Accounts Payable	3,713	3,896	4,111	3,840	3,932
Accrued Expenses	-	2.65	12.85	0.42	-
Short-Term Debt	-	17,421	14,183	11,015	12,730
Current Portion of Long-Term Debt	13,689	159.29	2,095	1,219	2,413
Current Portion of Leases	352.5	284.24	319.64	363.49	309.48
Current Income Taxes Payable	297.05	348.71	391.17	394.66	414.38
Current Unearned Revenue	863.41	948.92	935.9	1,215	1,150
Other Current Liabilities	545.46	593.72	595.67	863.53	892.56
Total Current Liabilities	19,460	23,654	22,644	18,911	21,841
Long-Term Debt	2,474	2,420	3,488	6,440	1,519
Long-Term Leases	928.93	1,060	960.31	981.07	1,169
Long-Term Deferred Tax Liabilities	785.39	899.58	970.8	989.26	839.61
Other Long-Term Liabilities	67.7	115.02	164.1	186.65	219.77
Total Liabilities	23,716	28,148	28,228	27,508	25,589
Common Stock	901.39	290.23	246.39	235.2	235.2
Additional Paid-In Capital	-	6,410	6,399	6,354	6,347
Retained Earnings	-	-9,274	-7,566	-7,962	-6,378
Comprehensive Income & Other	-1,144	2,218	1,282	1,566	304.56
Total Common Equity	-242.78	-356.68	361.83	193.39	508.43
Minority Interest	1,824	1,426	925.23	31.06	32.19
Shareholders' Equity	1,581	1,070	1,287	224.44	540.62
Total Liabilities & Equity	25,298	29,218	29,515	27,733	26,130
Total Debt	17,444	21,344	21,047	20,018	18,141
Net Cash (Debt)	-16,288	-20,473	-19,830	-18,794	-16,920
Net Cash Per Share	-2.26	-6.71	-7.10	-6.91	-6.25
Filing Date Shares Outstanding	10,016	3,347	2,867	2,745	2,745
Total Common Shares Outstanding	10,016	3,347	2,867	2,745	2,745
Working Capital	-6,515	-8,333	-8,218	-5,081	-9,050
Book Value Per Share	-0.41	-0.69	-0.23	0.07	0.19
Tangible Book Value	-2,657	-3,194	-2,745	-3,078	-2,690
Tangible Book Value Per Share	-0.65	-1.54	-1.31	-1.12	-0.98
Buildings	-	5,329	4,303	4,192	4,181
Machinery	-	1,082	1,088	1,120	1,461
Construction In Progress	-	1,324	2,369	2,145	1,768
Leasehold Improvements	-	116.59	116.59	94.17	94.05

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