HKG:2121 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	718.18	830.88	1,205	1,345	1,643	1,553
Short-Term Investments	40.4	22.15	21.67	15.86	13.68	39
Trading Asset Securities	-	3.41	2.44	103.83	156.02	-
Cash & Short-Term Investments	758.58	856.45	1,229	1,464	1,812	1,592
Cash Growth	-28.01%	-30.31%	-16.07%	-19.20%	13.83%	51.87%
Accounts Receivable	487.28	416.63	477.91	671.55	571.94	365.21
Other Receivables	211.39	211.69	198.05	155.26	55.78	26.5
Receivables	698.68	628.32	675.97	826.81	627.71	391.7
Inventory	136.68	208.6	156.69	130.63	107.77	71.72
Restricted Cash	2.95	23.3	6.58	20.53	9.92	2.7
Other Current Assets	65.19	140.44	67.17	50.99	127.37	22.87
Total Current Assets	1,662	1,857	2,135	2,493	2,685	2,081
Property, Plant & Equipment	37.84	73.53	78.6	122.19	157.03	166.28
Long-Term Investments	27.15	18.55	9	9	0.34	-
Goodwill	135.14	135.14	175.21	327.39	194.55	-
Other Intangible Assets	143.55	159.71	207.02	327.03	206.62	5.67
Long-Term Deferred Tax Assets	-	7.01	5.9	-	-	-
Other Long-Term Assets	5.72	11.17	12.01	10.29	24.77	11.81
Total Assets	2,011	2,262	2,623	3,289	3,268	2,265

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	421.94	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	74.44	144.24	145.31	91.75	77.49	-
Current Portion of Leases	8.08	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	60.26	155.53	109.24	121.78	105.49	43.65
Other Current Liabilities	157.99	34.9	82.46	121.74	78.46	-
Total Current Liabilities	722.71	828.52	820.01	865.47	723.31	364.73
Long-Term Leases	4.73	23.06	33.41	56.67	70.15	78.29
Long-Term Unearned Revenue	6.98	11.72	3.74	6.64	15.52	26.58
Long-Term Deferred Tax Liabilities	17.28	18.07	27.55	40.68	27.32	-
Other Long-Term Liabilities	-	-	26.21	95.57	73.17	-
Total Liabilities	751.7	881.37	910.9	1,065	909.47	469.6

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	563.55	563.55	565.05	565.05	559.31	514.56
Additional Paid-In Capital	2,626	2,626	2,632	2,632	2,563	1,675
Retained Earnings	-2,759	-2,694	-2,442	-1,848	-1,266	-902.87
Treasury Stock	-551.73	-482.13	-313.71	-264.35	-258.82	-
Comprehensive Income & Other	1,231	1,192	1,103	949.29	671.88	498.49
Total Common Equity	1,110	1,206	1,544	2,033	2,269	1,785
Minority Interest	149.95	175.27	168.33	190.82	89.55	10.26
Shareholders' Equity	1,260	1,381	1,712	2,224	2,359	1,795
Total Liabilities & Equity	2,011	2,262	2,623	3,289	3,268	2,265

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	87.25	182.86	198.63	171.49	167.6	87.57
Net Cash (Debt)	671.33	673.59	1,030	1,293	1,645	1,505
Net Cash Growth	-24.43%	-34.63%	-20.30%	-21.40%	9.32%	-
Net Cash Per Share	1.32	1.28	1.89	2.32	2.99	3.38
Filing Date Shares Outstanding	553.03	555.1	543.4	549.79	545.98	514.56
Total Common Shares Outstanding	553.03	555.1	543.4	549.79	545.98	514.56
Working Capital	939.37	1,029	1,315	1,628	1,962	1,716
Book Value Per Share	2.01	2.17	2.84	3.70	4.16	3.47
Tangible Book Value	831.14	910.73	1,162	1,379	1,868	1,779
Tangible Book Value Per Share	1.50	1.64	2.14	2.51	3.42	3.46
Buildings	-	1.08	1.08	1.08	1.08	-
Machinery	-	58.96	40.47	37.55	41.74	21.34
Construction In Progress	-	-	-	-	-	14.75
Leasehold Improvements	-	98.72	106.03	115.49	117.89	91.6