HKG:1877 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	2,732	2,615	2,502	3,788	5,997	3,507
Short-Term Investments	-	-	-	-	17.93	-
Trading Asset Securities	963.89	600.78	430.51	-	-	-
Cash & Short-Term Investments	3,696	3,216	2,933	3,788	6,015	3,507
Cash Growth	5.39%	9.65%	-22.58%	-37.02%	71.53%	3.59%
Accounts Receivable	743.75	506.75	509.82	483.23	232.73	1,301
Other Receivables	122.27	-	36.44	374.01	78.81	28.05
Receivables	866.02	506.75	546.26	857.23	314.25	1,329
Inventory	498.82	573.11	584.47	538.05	599.02	484.6
Prepaid Expenses	-	-	-	-	239.82	-
Other Current Assets	144.24	162.01	220.38	387.59	36.94	524.79
Total Current Assets	5,205	4,458	4,284	5,571	7,205	5,845
Property, Plant & Equipment	5,126	4,872	4,195	3,809	3,278	2,801
Long-Term Investments	2,720	1,914	1,226	1,133	1,292	1,485
Other Intangible Assets	541.9	559.77	521.41	546.96	98.91	264.98
Long-Term Deferred Tax Assets	86.34	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	522.16	480.35	461.94	167.14	473.39	522.34
Total Assets	14,202	12,382	10,782	11,343	12,576	11,035

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	1,113	73.99	115.9	125.19	370.23	63.17
Accrued Expenses	208.83	804.98	901.44	1,046	917.21	1,603
Short-Term Debt	742.24	603.2	678.11	452.44	391.75	-
Current Portion of Long-Term Debt	699.89	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	30.08	4.76	12.41	17.98	-	63.08
Current Unearned Revenue	62.01	22.18	8.17	146.3	0.44	45.8
Other Current Liabilities	34.67	577.77	531.11	527.92	50.96	181.59
Total Current Liabilities	2,891	2,778	2,494	2,438	1,774	2,001
Long-Term Debt	4,419	2,794	1,980	1,196	839.58	490
Long-Term Leases	52.37	56.62	26.31	17.45	46.59	93.13
Long-Term Unearned Revenue	157.13	167.17	181.91	183.46	121.62	122.46
Other Long-Term Liabilities	530.08	530.06	168	187.15	-	11.5
Total Liabilities	8,050	6,326	4,850	4,022	2,782	2,719

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	1,027	1,027	985.69	985.69	982.87	910.76
Additional Paid-In Capital	16,307	16,417	15,407	15,395	-	11,423
Retained Earnings	-11,195	-11,216	-10,341	-9,060	-	-4,389
Treasury Stock	-30.89	-30.89	-30.89	-26.89	-	-
Comprehensive Income & Other	-164.7	-166.69	-159.94	-142.07	8,519	0.21
Total Common Equity	5,944	6,030	5,860	7,151	9,501	7,945
Minority Interest	207.73	26.16	71.71	169.39	292.83	371.28
Shareholders' Equity	6,151	6,057	5,932	7,321	9,794	8,316
Total Liabilities & Equity	14,202	12,382	10,782	11,343	12,576	11,035

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	5,914	4,145	2,931	1,789	1,322	628.19
Net Cash (Debt)	-2,218	-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	-2.16	-0.92	0.00	2.03	5.12	3.23
Filing Date Shares Outstanding	1,026	1,026	984.87	985.01	982.87	910.76
Total Common Shares Outstanding	1,026	1,026	984.87	985.01	982.87	910.76
Working Capital	2,314	1,679	1,790	3,133	5,431	3,843
Book Value Per Share	5.79	5.88	5.95	7.26	9.67	8.72
Tangible Book Value	5,402	5,471	5,339	6,604	9,403	7,680
Tangible Book Value Per Share	5.27	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	-