HKG:1877 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	2,615	2,502	3,788	5,997	3,507
Short-Term Investments	-	-	-	17.93	-
Trading Asset Securities	600.78	430.51	-	-	-
Cash & Short-Term Investments	3,216	2,933	3,788	6,015	3,507
Cash Growth	9.65%	-22.58%	-37.02%	71.53%	3.59%
Accounts Receivable	506.75	509.82	483.23	232.73	1,301
Other Receivables	-	36.44	374.01	78.81	28.05
Receivables	506.75	546.26	857.23	314.25	1,329
Inventory	573.11	584.47	538.05	599.02	484.6
Prepaid Expenses	-	-	-	239.82	-
Other Current Assets	162.01	220.38	387.59	36.94	524.79
Total Current Assets	4,458	4,284	5,571	7,205	5,845
Property, Plant & Equipment	4,872	4,195	3,809	3,278	2,801
Long-Term Investments	1,914	1,226	1,133	1,292	1,485
Other Intangible Assets	559.77	521.41	546.96	98.91	264.98
Long-Term Deferred Tax Assets	88.31	87.05	103.4	228.43	88.55
Long-Term Deferred Charges	9.76	6.12	12.6	-	27.79
Other Long-Term Assets	480.35	461.94	167.14	473.39	522.34
Total Assets	12,382	10,782	11,343	12,576	11,035
Accounts Payable	73.99	115.9	125.19	370.23	63.17
Accrued Expenses	804.98	901.44	1,046	917.21	1,603
Short-Term Debt	603.2	678.11	452.44	391.75	-
Current Portion of Long-Term Debt	659.39	216.5	86.96	-	10.6
Current Portion of Leases	32.01	30.29	35.93	43.66	34.47
Current Income Taxes Payable	4.76	12.41	17.98	-	63.08
Current Unearned Revenue	22.18	8.17	146.3	0.44	45.8
Other Current Liabilities	577.77	531.11	527.92	50.96	181.59
Total Current Liabilities	2,778	2,494	2,438	1,774	2,001
Long-Term Debt	2,794	1,980	1,196	839.58	490
Long-Term Leases	56.62	26.31	17.45	46.59	93.13
Long-Term Unearned Revenue	167.17	181.91	183.46	121.62	122.46
Other Long-Term Liabilities	530.06	168	187.15	-	11.5
Total Liabilities	6,326	4,850	4,022	2,782	2,719
Common Stock	1,027	985.69	985.69	982.87	910.76
Additional Paid-In Capital	16,417	15,407	15,395	-	11,423
Retained Earnings	-11,216	-10,341	-9,060	-	-4,389
Treasury Stock	-30.89	-30.89	-26.89	-	-
Comprehensive Income & Other	-166.69	-159.94	-142.07	8,519	0.21
Total Common Equity	6,030	5,860	7,151	9,501	7,945
Minority Interest	26.16	71.71	169.39	292.83	371.28
Shareholders' Equity	6,057	5,932	7,321	9,794	8,316
Total Liabilities & Equity	12,382	10,782	11,343	12,576	11,035
Total Debt	4,145	2,931	1,789	1,322	628.19
Net Cash (Debt)	-928.98	1.82	2,000	4,693	2,878
Net Cash Growth	-	-99.91%	-57.39%	63.05%	13.58%
Net Cash Per Share	-0.92	0.00	2.03	5.12	3.23
Filing Date Shares Outstanding	1,026	984.87	985.01	982.87	910.76
Total Common Shares Outstanding	1,026	984.87	985.01	982.87	910.76
Working Capital	1,679	1,790	3,133	5,431	3,843
Book Value Per Share	5.88	5.95	7.26	9.67	8.72
Tangible Book Value	5,471	5,339	6,604	9,403	7,680
Tangible Book Value Per Share	5.33	5.42	6.70	9.57	8.43
Buildings	1,425	1,379	1,419	-	891.83
Machinery	2,161	2,022	1,921	1,522	1,419
Construction In Progress	2,572	1,859	1,325	1,048	801.93
Leasehold Improvements	-	-	-	65.57	-

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