HKG:1760 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	489.57	916.21	517	336.95	571.75
Short-Term Investments	-	-	43.25	23.83	16.35
Cash & Short-Term Investments	489.57	916.21	560.25	360.78	588.1
Cash Growth	-46.57%	63.54%	55.29%	-38.65%	48.84%
Accounts Receivable	2,098	2,353	1,849	1,698	1,164
Other Receivables	14.21	9.61	4.96	0.85	3.33
Receivables	2,113	2,363	1,854	1,699	1,167
Inventory	1,212	1,333	1,554	1,086	497.9
Prepaid Expenses	539.82	259.65	458.12	156.99	7.79
Other Current Assets	134.78	165.52	144.71	48.86	32.25
Total Current Assets	4,489	5,037	4,571	3,351	2,294
Property, Plant & Equipment	287.28	303.5	290.91	228.33	203.07
Long-Term Investments	251.76	151	157.56	101.21	87.82
Other Intangible Assets	16.6	16.03	21.97	22.53	20.57
Long-Term Deferred Tax Assets	168.5	168.09	106.48	53.6	41.81
Long-Term Deferred Charges	470.66	408.67	341.16	302.78	203.4
Other Long-Term Assets	31.82	25.76	54.28	15.62	8.7
Total Assets	5,715	6,110	5,543	4,075	2,859
Accounts Payable	740.2	574.95	595.93	330.66	236.6
Accrued Expenses	165.51	192.82	150.51	172.41	119.21
Short-Term Debt	1,257	1,637	1,353	950.22	631.67
Current Portion of Long-Term Debt	7.78	106.26	30.74	-	-
Current Portion of Leases	18.37	19.71	16.11	20.21	14.74
Current Income Taxes Payable	58.58	44.56	54.69	26.92	18.47
Current Unearned Revenue	54.8	54.77	67.35	109.51	52.54
Other Current Liabilities	562.46	691.04	630.18	296.75	23.4
Total Current Liabilities	2,865	3,321	2,899	1,907	1,097
Long-Term Debt	340.31	295.44	267.73	-	-
Long-Term Leases	12.42	10.96	11.43	12.74	17.97
Long-Term Unearned Revenue	0.22	1.26	1.5	0.94	1.08
Long-Term Deferred Tax Liabilities	4.63	0.55	5.23	5.93	-
Total Liabilities	3,222	3,629	3,185	1,926	1,116
Common Stock	9.25	9.25	9.25	9.24	9.22
Additional Paid-In Capital	946.92	946.92	946.92	943.44	935.54
Retained Earnings	1,380	1,385	1,273	1,084	732.27
Comprehensive Income & Other	159.1	139.14	123.75	101.09	65.59
Total Common Equity	2,495	2,480	2,353	2,138	1,743
Minority Interest	-1.61	1.44	5.86	10.66	0.59
Shareholders' Equity	2,493	2,481	2,359	2,149	1,743
Total Liabilities & Equity	5,715	6,110	5,543	4,075	2,859
Total Debt	1,636	2,069	1,679	983.16	664.38
Net Cash (Debt)	-1,146	-1,153	-1,119	-622.38	-76.28
Net Cash Per Share	-1.05	-1.06	-1.02	-0.57	-0.07
Filing Date Shares Outstanding	1,088	1,088	1,088	1,087	1,085
Total Common Shares Outstanding	1,088	1,088	1,088	1,087	1,085
Working Capital	1,624	1,716	1,672	1,444	1,197
Book Value Per Share	2.29	2.28	2.16	1.97	1.61
Tangible Book Value	2,478	2,464	2,331	2,115	1,722
Tangible Book Value Per Share	2.28	2.26	2.14	1.95	1.59
Buildings	115.12	114.54	106.01	74.34	74.18
Machinery	373.61	339.12	277.16	218.61	161.49
Construction In Progress	7.99	5.96	11.16	8.05	8.93
Leasehold Improvements	50.88	46.89	44.56	29.61	21.66

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