HKG:1837 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	1,011	835.2	840.47	781.34	646.02
Short-Term Investments	185.66	283.63	106.8	4.51	4.76
Trading Asset Securities	1.65	11.23	-	-	-
Cash & Short-Term Investments	1,199	1,130	947.27	785.84	650.78
Cash Growth	6.06%	19.30%	20.54%	20.75%	10.28%
Accounts Receivable	272.18	223.71	219.97	202.68	187.73
Other Receivables	-	17.5	23.24	19.09	20.55
Receivables	272.18	241.21	243.21	221.77	208.28
Inventory	160.82	94.58	93.48	81.87	81.35
Other Current Assets	60.88	13.61	21.9	15.83	25.09
Total Current Assets	1,692	1,479	1,306	1,105	965.5
Property, Plant & Equipment	328.95	333.83	334.86	350.87	364.91
Long-Term Investments	30.06	-	-	-	-
Other Intangible Assets	0.17	0.22	0.28	0.39	0.34
Long-Term Deferred Tax Assets	19.38	21.05	36.94	62.28	67.3
Other Long-Term Assets	6.54	2.84	3.43	-	-
Total Assets	2,078	1,837	1,681	1,519	1,398
Accounts Payable	135.1	115.3	98.65	85.47	65.83
Accrued Expenses	-	109.05	97.69	102.36	107.99
Current Portion of Leases	4.75	5.11	3.98	6.53	6.2
Current Income Taxes Payable	53.72	36.38	48.13	48.37	45.77
Current Unearned Revenue	29.43	17.38	14.58	12.16	15.87
Other Current Liabilities	145.96	13.51	9.34	11.2	13.91
Total Current Liabilities	368.96	296.71	272.37	266.09	255.57
Long-Term Leases	2.23	6.74	1.74	4.74	10.55
Long-Term Unearned Revenue	-	-	-	0.05	0.16
Long-Term Deferred Tax Liabilities	11.31	13.65	11.48	9.92	7.52
Total Liabilities	382.5	317.1	285.59	280.8	273.8
Common Stock	0.15	0.15	0.15	0.15	0.15
Additional Paid-In Capital	-	1,030	1,101	1,103	1,103
Retained Earnings	-	567.97	380.01	226.91	110.45
Comprehensive Income & Other	1,695	-77.8	-85.77	-91.73	-89.08
Shareholders' Equity	1,695	1,520	1,396	1,238	1,124
Total Liabilities & Equity	2,078	1,837	1,681	1,519	1,398
Total Debt	6.98	11.84	5.72	11.27	16.75
Net Cash (Debt)	1,192	1,118	941.55	774.58	634.03
Net Cash Growth	6.56%	18.76%	21.56%	22.17%	10.90%
Net Cash Per Share	0.55	0.51	0.44	0.36	0.29
Filing Date Shares Outstanding	2,180	2,189	2,189	2,189	2,189
Total Common Shares Outstanding	2,180	2,189	2,189	2,189	2,189
Working Capital	1,323	1,183	1,033	839.22	709.92
Book Value Per Share	0.78	0.69	0.64	0.57	0.51
Tangible Book Value	1,695	1,520	1,395	1,238	1,124
Tangible Book Value Per Share	0.78	0.69	0.64	0.57	0.51
Buildings	-	313.88	313.28	100.89	100.89
Machinery	-	86.28	106.82	99.51	92.68
Construction In Progress	-	13.82	1.65	214.36	209.56
Leasehold Improvements	-	30.73	31.24	17.91	16.18

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