HKG:1738 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	4.33	4.14	10.11	24.71	23.95
Short-Term Investments	-	15.1	25.9	26.57	24.29
Trading Asset Securities	-	-	-	7.03	6.43
Cash & Short-Term Investments	4.33	19.24	36.01	58.32	54.67
Cash Growth	-77.50%	-46.58%	-38.25%	6.67%	-6.08%
Accounts Receivable	4.66	5.32	9.32	82.04	91.87
Other Receivables	-	22.77	12.94	8.24	6.61
Receivables	4.66	28.09	22.26	90.28	98.47
Inventory	37.16	50.07	78.99	71.97	74.31
Prepaid Expenses	72.1	2.66	1.7	1.72	5.98
Other Current Assets	2	33.38	102.75	72.11	185.31
Total Current Assets	120.24	133.44	241.71	294.4	418.75
Property, Plant & Equipment	2,474	2,693	2,798	2,903	2,816
Long-Term Investments	-	-	-	-	0.8
Long-Term Deferred Tax Assets	1.69	1.81	14.63	56.07	54.75
Other Long-Term Assets	26.23	36.84	51.57	65.03	76.15
Total Assets	2,622	2,865	3,106	3,318	3,366
Accounts Payable	993.69	872.44	948.91	907	723.13
Accrued Expenses	131.93	395.1	281.63	312.44	255.24
Short-Term Debt	1,333	1,494	1,474	1,380	245
Current Portion of Long-Term Debt	273.4	236.39	272.83	185.92	1,405
Current Portion of Leases	63.05	16.99	64.61	84.11	100.33
Current Income Taxes Payable	51.99	56.43	55.68	85.77	91.8
Current Unearned Revenue	-	501.22	385.56	86.57	90.15
Other Current Liabilities	1,489	449.83	296.15	264.23	404.91
Total Current Liabilities	4,336	4,022	3,779	3,306	3,315
Long-Term Debt	432.62	265.3	200.53	382.98	522.28
Long-Term Leases	32.44	80.2	67.46	48.55	77.76
Long-Term Unearned Revenue	7.82	10.32	12.9	15.71	15.71
Long-Term Deferred Tax Liabilities	138.56	86.02	74.06	85.33	63.35
Other Long-Term Liabilities	28.98	28.68	30.25	27.12	20.33
Total Liabilities	4,976	4,493	4,164	3,866	4,015
Common Stock	1.08	1.08	1.08	1.08	1.08
Additional Paid-In Capital	-	204.52	204.52	204.52	204.52
Retained Earnings	-	-2,333	-1,816	-1,334	-1,420
Comprehensive Income & Other	-2,449	305.24	327.57	331.62	365.62
Total Common Equity	-2,448	-1,822	-1,283	-796.89	-849.21
Minority Interest	93.77	194.02	224.1	249.08	201.13
Shareholders' Equity	-2,354	-1,628	-1,059	-547.81	-648.07
Total Liabilities & Equity	2,622	2,865	3,106	3,318	3,366
Total Debt	2,135	2,093	2,079	2,082	2,350
Net Cash (Debt)	-2,130	-2,074	-2,043	-2,023	-2,295
Net Cash Per Share	-1.54	-1.50	-1.48	-1.47	-1.66
Filing Date Shares Outstanding	1,381	1,381	1,381	1,381	1,381
Total Common Shares Outstanding	1,381	1,381	1,381	1,381	1,381
Working Capital	-4,215	-3,889	-3,537	-3,012	-2,896
Book Value Per Share	-1.77	-1.32	-0.93	-0.58	-0.62
Tangible Book Value	-2,448	-1,822	-1,283	-796.89	-849.21
Tangible Book Value Per Share	-1.77	-1.32	-0.93	-0.58	-0.62
Buildings	146.38	146.38	143.8	125.9	125.86
Machinery	922.43	1,515	1,544	851.79	713.37
Construction In Progress	289.3	559.62	516.51	420.35	354.27

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