HKG:1877 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	3,911	2,615	2,502	3,788	5,997	3,507
Short-Term Investments	-	-	-	-	17.93	-
Trading Asset Securities	650.44	600.78	430.51	-	-	-
Cash & Short-Term Investments	4,561	3,216	2,933	3,788	6,015	3,507
Cash Growth	50.91%	9.65%	-22.58%	-37.02%	71.53%	3.59%
Accounts Receivable	459.67	506.75	509.82	483.23	232.73	1,301
Other Receivables	122.38	-	36.44	374.01	78.81	28.05
Receivables	582.06	506.75	546.26	857.23	314.25	1,329
Inventory	562.43	573.11	584.47	538.05	599.02	484.6
Prepaid Expenses	-	-	-	-	239.82	-
Other Current Assets	168.75	162.01	220.38	387.59	36.94	524.79
Total Current Assets	5,874	4,458	4,284	5,571	7,205	5,845
Property, Plant & Equipment	4,951	4,872	4,195	3,809	3,278	2,801
Long-Term Investments	2,135	1,914	1,226	1,133	1,292	1,485
Other Intangible Assets	550.69	559.77	521.41	546.96	98.91	264.98
Long-Term Deferred Tax Assets	85.25	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	555.42	480.35	461.94	167.14	473.39	522.34
Total Assets	14,152	12,382	10,782	11,343	12,576	11,035
Accounts Payable	1,004	73.99	115.9	125.19	370.23	63.17
Accrued Expenses	268.72	804.98	901.44	1,046	917.21	1,603
Short-Term Debt	729.11	603.2	678.11	452.44	391.75	-
Current Portion of Long-Term Debt	618.82	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	25.57	4.76	12.41	17.98	-	63.08
Current Unearned Revenue	67.9	22.18	8.17	146.3	0.44	45.8
Other Current Liabilities	31.67	577.77	531.11	527.92	50.96	181.59
Total Current Liabilities	2,746	2,778	2,494	2,438	1,774	2,001
Long-Term Debt	4,575	2,794	1,980	1,196	839.58	490
Long-Term Leases	52.62	56.62	26.31	17.45	46.59	93.13
Long-Term Unearned Revenue	159.89	167.17	181.91	183.46	121.62	122.46
Other Long-Term Liabilities	528.24	530.06	168	187.15	-	11.5
Total Liabilities	8,062	6,326	4,850	4,022	2,782	2,719
Common Stock	1,027	1,027	985.69	985.69	982.87	910.76
Additional Paid-In Capital	-	16,417	15,407	15,395	-	11,423
Retained Earnings	-11,237	-11,216	-10,341	-9,060	-	-4,389
Treasury Stock	-30.89	-30.89	-30.89	-26.89	-	-
Comprehensive Income & Other	16,137	-166.69	-159.94	-142.07	8,519	0.21
Total Common Equity	5,896	6,030	5,860	7,151	9,501	7,945
Minority Interest	194.07	26.16	71.71	169.39	292.83	371.28
Shareholders' Equity	6,090	6,057	5,932	7,321	9,794	8,316
Total Liabilities & Equity	14,152	12,382	10,782	11,343	12,576	11,035
Total Debt	5,975	4,145	2,931	1,789	1,322	628.19
Net Cash (Debt)	-1,414	-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	-1.39	-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	3,128	1,679	1,790	3,133	5,431	3,843
Book Value Per Share	5.75	5.88	5.95	7.26	9.67	8.72
Tangible Book Value	5,345	5,471	5,339	6,604	9,403	7,680
Tangible Book Value Per Share	5.21	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	-

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