HKG:2156 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	3,414	2,895	2,952	2,703	2,261
Short-Term Investments	-	29.39	23.78	17.79	13.37
Cash & Short-Term Investments	3,414	2,924	2,976	2,721	2,275
Cash Growth	16.76%	-1.75%	9.38%	19.61%	155.10%
Accounts Receivable	799.91	524.81	390.73	240.82	133.15
Other Receivables	16.94	78.16	109.7	57.43	9.13
Receivables	816.85	602.97	500.43	298.25	142.28
Inventory	66.47	63.75	44.99	39.6	12.26
Other Current Assets	17.59	94.9	83.94	98.16	81.88
Total Current Assets	4,315	3,686	3,606	3,157	2,511
Property, Plant & Equipment	152.53	86.32	96.55	57.1	51.69
Long-Term Investments	3.02	2.99	1.28	1.34	1.87
Goodwill	59.63	59.63	59.63	59.63	30.71
Other Intangible Assets	12.53	13.47	14.39	16.56	10.07
Long-Term Deferred Tax Assets	25.94	26.69	25.79	15.02	7.11
Total Assets	4,569	3,875	3,803	3,307	2,613
Accounts Payable	1,534	473.24	353.88	153.84	91.31
Accrued Expenses	-	505.61	540.33	497.94	403.69
Short-Term Debt	20.18	8.13	1.57	0.13	1.78
Current Portion of Long-Term Debt	0.51	0.51	1.35	1.5	-
Current Portion of Leases	16.48	7.07	8.07	3.61	6.28
Current Income Taxes Payable	112.75	97.2	165.59	68.96	38.09
Current Unearned Revenue	719.96	512.6	446.42	990.09	787.3
Other Current Liabilities	-	415.93	388.13	289.41	237.76
Total Current Liabilities	2,403	2,020	1,905	2,005	1,566
Long-Term Debt	8.5	9	18.25	8.5	-
Long-Term Leases	95.63	29.07	34.71	11.97	7.89
Long-Term Deferred Tax Liabilities	3.57	5.98	13.22	7.94	7.34
Total Liabilities	2,511	2,064	1,972	2,034	1,581
Common Stock	11.94	11.94	11.94	11.29	11.29
Additional Paid-In Capital	-	144.71	476.2	433.19	500.08
Retained Earnings	-	1,505	1,182	714.43	467.21
Comprehensive Income & Other	1,995	100.32	56.23	86.85	32.83
Total Common Equity	2,007	1,762	1,726	1,246	1,011
Minority Interest	51.11	48.39	105.52	26.95	19.85
Shareholders' Equity	2,058	1,811	1,832	1,273	1,031
Total Liabilities & Equity	4,569	3,875	3,803	3,307	2,613
Total Debt	141.29	53.78	63.95	25.71	15.95
Net Cash (Debt)	3,273	2,870	2,912	2,695	2,259
Net Cash Growth	14.03%	-1.44%	8.05%	19.32%	158.97%
Net Cash Per Share	2.37	2.06	2.12	2.01	1.91
Filing Date Shares Outstanding	1,409	1,408	1,408	1,336	1,336
Total Common Shares Outstanding	1,409	1,408	1,408	1,336	1,336
Working Capital	1,912	1,666	1,700	1,151	945.03
Book Value Per Share	1.42	1.25	1.23	0.93	0.76
Tangible Book Value	1,935	1,689	1,652	1,170	970.64
Tangible Book Value Per Share	1.37	1.20	1.17	0.88	0.73
Machinery	-	49.18	44.34	40.21	29.69
Leasehold Improvements	-	45.82	41.53	23.18	20.25

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