HKG:1800 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	188,300	151,056	142,481	120,983	113,323	104,653
Short-Term Investments	11,024	-	-	-	-	-
Trading Asset Securities	1,436	633.49	496.51	837.98	1,306	1,925
Cash & Short-Term Investments	200,761	151,690	142,977	121,821	114,630	106,578
Cash Growth	38.86%	6.09%	17.37%	6.27%	7.55%	-17.27%
Accounts Receivable	423,384	404,159	347,145	289,497	261,683	232,067
Other Receivables	2,427	149,600	150,887	134,792	116,829	114,455
Receivables	439,237	553,759	498,032	424,290	378,513	346,523
Inventory	121,175	114,705	102,134	88,021	78,263	73,067
Other Current Assets	195,122	49,787	45,782	52,140	48,160	41,404
Total Current Assets	956,294	869,941	788,925	686,272	619,565	567,572
Property, Plant & Equipment	82,726	83,652	83,032	77,528	62,986	63,446
Long-Term Investments	161,626	163,198	166,944	160,712	144,447	128,872
Goodwill	5,496	5,504	5,300	5,455	5,182	5,120
Other Intangible Assets	263,929	238,259	210,319	213,252	230,462	237,974
Long-Term Deferred Tax Assets	13,130	12,824	11,535	10,117	7,849	7,191
Long-Term Deferred Charges	2,031	2,031	1,774	1,771	1,461	1,560
Other Long-Term Assets	689,774	643,721	590,443	529,305	444,761	379,374
Total Assets	2,175,005	2,019,132	1,858,273	1,684,412	1,516,713	1,391,109

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Accounts Payable	419,435	430,922	412,484	371,564	343,794	307,011
Accrued Expenses	15,208	24,275	23,849	22,551	18,484	16,713
Short-Term Debt	235,127	141,621	106,019	72,985	48,832	36,065
Current Portion of Long-Term Debt	87,274	108,378	84,585	72,973	62,366	39,325
Current Portion of Leases	990.64	1,004	1,419	925.88	800.57	902.67
Current Income Taxes Payable	9,612	4,367	5,553	7,922	6,237	5,138
Current Unearned Revenue	103,364	102,566	85,270	73,483	77,420	80,033
Other Current Liabilities	192,630	159,537	149,630	139,851	106,446	114,195
Total Current Liabilities	1,063,640	972,671	868,808	762,255	664,380	599,383
Long-Term Debt	540,967	484,042	443,232	397,864	371,061	350,113
Long-Term Leases	3,202	3,160	2,264	1,850	1,585	1,731
Long-Term Unearned Revenue	1,241	1,184	1,144	1,262	1,324	1,339
Pension & Post-Retirement Benefits	699.62	744.24	844.28	906.93	846.53	796.05
Long-Term Deferred Tax Liabilities	8,104	8,068	7,549	4,379	4,476	7,438
Other Long-Term Liabilities	75,774	81,375	66,616	56,696	45,549	38,915
Total Liabilities	1,693,628	1,551,245	1,390,458	1,225,212	1,089,221	999,714

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Common Stock	16,214	16,275	16,279	16,264	16,166	16,166
Additional Paid-In Capital	-	35,141	39,010	42,656	37,718	33,916
Retained Earnings	225,559	219,672	209,337	193,439	174,448	159,455
Treasury Stock	-383.17	-667.26	-597.32	-522.07	-	-
Comprehensive Income & Other	72,087	40,505	49,397	49,931	54,167	50,853
Total Common Equity	313,477	310,926	313,425	301,767	282,499	260,389
Minority Interest	167,900	156,961	154,390	157,433	144,992	131,006
Shareholders' Equity	481,377	467,887	467,815	459,200	427,492	391,395
Total Liabilities & Equity	2,175,005	2,019,132	1,858,273	1,684,412	1,516,713	1,391,109

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Total Debt	867,561	738,205	637,520	546,598	484,646	428,136
Net Cash (Debt)	-666,800	-586,516	-494,542	-424,776	-370,016	-321,558
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-41.24	-36.25	-30.59	-26.28	-22.89	-19.89
Filing Date Shares Outstanding	15,699	16,245	16,279	16,280	16,166	16,166
Total Common Shares Outstanding	15,699	16,245	16,279	16,264	16,166	16,166
Working Capital	-107,346	-102,730	-79,883	-75,983	-44,814	-31,811
Book Value Per Share	18.55	17.77	17.35	16.40	15.13	14.01
Tangible Book Value	44,052	67,163	97,807	83,060	46,855	17,295
Tangible Book Value Per Share	1.39	2.77	4.10	2.96	0.55	-1.03
Buildings	-	34,148	32,574	29,965	21,833	19,516
Machinery	-	91,307	91,421	90,865	82,087	79,413
Construction In Progress	-	14,341	14,426	10,717	9,615	11,374
Order Backlog	-	34,459,520	-	-	-	-