HKG:1911 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	1,355	1,298	1,110	1,538	2,382
Short-Term Investments	771.64	1,582	272.93	742.88	1,320
Trading Asset Securities	3,104	3,008	3,003	3,316	2,894
Accounts Receivable	241.69	653.38	1,510	1,299	386.03
Other Receivables	248.81	120.42	78.81	1,148	99.8
Property, Plant & Equipment	41.83	57.1	69.49	129.07	178.24
Other Intangible Assets	57.19	73.56	102.84	119.03	88.95
Investments in Debt & Equity Securities	2,262	2,263	1,518	2,407	4,395
Other Current Assets	398.27	278.05	172.29	694.59	573.39
Long-Term Deferred Tax Assets	57.67	92.11	122.41	160.96	168.54
Other Long-Term Assets	1,091	1,134	1,380	1,523	1,678
Total Assets	9,630	10,561	9,340	13,078	14,164
Accounts Payable	1,052	2,065	902.3	1,719	1,433
Accrued Expenses	134.09	100.62	163.87	439.98	765.04
Short-Term Debt	392.56	594.1	576.38	386.71	920.98
Current Portion of Long-Term Debt	-	-	-	611.93	587.6
Current Portion of Leases	20.77	20.67	35.54	55.37	57.42
Other Current Liabilities	792.88	583.99	282.89	522.42	452.63
Long-Term Debt	-	-	-	1,513	1,626
Long-Term Leases	11.81	21.77	17.48	54.46	94.64
Long-Term Unearned Revenue	0.85	1.04	0.42	5.92	6.67
Long-Term Deferred Tax Liabilities	38.1	37.46	60.46	72.13	72.18
Total Liabilities	2,527	3,512	2,163	5,538	6,257
Common Stock	0.09	0.09	0.09	0.09	0.09
Additional Paid-In Capital	-	6,257	6,165	6,104	6,211
Retained Earnings	-	22.99	202.01	673.91	1,104
Comprehensive Income & Other	6,109	-236.08	-227.71	-276.89	-489.12
Total Common Equity	6,109	6,044	6,139	6,501	6,826
Minority Interest	994.02	1,005	1,038	1,038	1,081
Shareholders' Equity	7,103	7,049	7,177	7,539	7,908
Total Liabilities & Equity	9,630	10,561	9,340	13,078	14,164
Total Debt	425.14	636.54	629.41	2,621	3,286
Net Cash (Debt)	4,806	5,253	3,757	2,975	3,309
Net Cash Growth	-8.50%	39.81%	26.27%	-10.10%	-7.01%
Net Cash Per Share	9.00	10.26	7.45	5.87	6.29
Filing Date Shares Outstanding	573.35	572.2	568.4	568.4	550.36
Total Common Shares Outstanding	573.35	572.2	568.4	568.4	550.36
Working Capital	3,644	3,490	4,062	4,845	3,198
Book Value Per Share	10.66	10.56	10.80	11.44	12.40
Tangible Book Value	6,052	5,970	6,037	6,382	6,737
Tangible Book Value Per Share	10.56	10.43	10.62	11.23	12.24

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