HKG:2121 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	830.88	1,205	1,345	1,643	1,553
Short-Term Investments	22.15	21.67	15.86	13.68	39
Trading Asset Securities	3.41	2.44	103.83	156.02	-
Cash & Short-Term Investments	856.45	1,229	1,464	1,812	1,592
Cash Growth	-30.31%	-16.07%	-19.20%	13.83%	51.87%
Accounts Receivable	416.63	477.91	671.55	571.94	365.21
Other Receivables	211.69	198.05	155.26	55.78	26.5
Receivables	628.32	675.97	826.81	627.71	391.7
Inventory	208.6	156.69	130.63	107.77	71.72
Restricted Cash	23.3	6.58	20.53	9.92	2.7
Other Current Assets	140.44	67.17	50.99	127.37	22.87
Total Current Assets	1,857	2,135	2,493	2,685	2,081
Property, Plant & Equipment	73.53	78.6	122.19	157.03	166.28
Long-Term Investments	18.55	9	9	0.34	-
Goodwill	135.14	175.21	327.39	194.55	-
Other Intangible Assets	159.71	207.02	327.03	206.62	5.67
Long-Term Deferred Tax Assets	7.01	5.9	-	-	-
Other Long-Term Assets	11.17	12.01	10.29	24.77	11.81
Total Assets	2,262	2,623	3,289	3,268	2,265
Accounts Payable	317.68	289.7	353.71	280.32	227.72
Accrued Expenses	155.94	170.11	152.76	158.54	83.87
Short-Term Debt	122.24	145.31	91.75	77.49	-
Current Portion of Leases	15.55	19.92	23.07	19.96	9.28
Current Income Taxes Payable	4.67	3.27	0.66	3.06	0.21
Current Unearned Revenue	155.53	109.24	121.78	105.49	43.65
Other Current Liabilities	56.9	82.46	121.74	78.46	-
Total Current Liabilities	828.52	820.01	865.47	723.31	364.73
Long-Term Leases	23.06	33.41	56.67	70.15	78.29
Long-Term Unearned Revenue	11.72	3.74	6.64	15.52	26.58
Long-Term Deferred Tax Liabilities	18.07	27.55	40.68	27.32	-
Other Long-Term Liabilities	-	26.21	95.57	73.17	-
Total Liabilities	881.37	910.9	1,065	909.47	469.6
Common Stock	563.55	565.05	565.05	559.31	514.56
Additional Paid-In Capital	2,626	2,632	2,632	2,563	1,675
Retained Earnings	-2,694	-2,442	-1,848	-1,266	-902.87
Treasury Stock	-482.13	-313.71	-264.35	-258.82	-
Comprehensive Income & Other	1,192	1,103	949.29	671.88	498.49
Total Common Equity	1,206	1,544	2,033	2,269	1,785
Minority Interest	175.27	168.33	190.82	89.55	10.26
Shareholders' Equity	1,381	1,712	2,224	2,359	1,795
Total Liabilities & Equity	2,262	2,623	3,289	3,268	2,265
Total Debt	160.86	198.63	171.49	167.6	87.57
Net Cash (Debt)	695.59	1,030	1,293	1,645	1,505
Net Cash Growth	-32.49%	-20.30%	-21.40%	9.32%	-
Net Cash Per Share	1.32	1.89	2.32	2.99	3.38
Filing Date Shares Outstanding	555.1	543.4	549.79	545.98	514.56
Total Common Shares Outstanding	555.1	543.4	549.79	545.98	514.56
Working Capital	1,029	1,315	1,628	1,962	1,716
Book Value Per Share	2.17	2.84	3.70	4.16	3.47
Tangible Book Value	910.73	1,162	1,379	1,868	1,779
Tangible Book Value Per Share	1.64	2.14	2.51	3.42	3.46
Buildings	-	1.08	1.08	1.08	-
Machinery	-	40.47	37.55	41.74	21.34
Construction In Progress	-	-	-	-	14.75
Leasehold Improvements	-	106.03	115.49	117.89	91.6

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