HKG:2198 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	638.72	564.33	364.15	217.49	593.71
Short-Term Investments	321.04	321.82	249.35	76.74	135.46
Trading Asset Securities	4.74	2.65	11.9	93.4	78.12
Cash & Short-Term Investments	964.5	888.8	625.4	387.63	807.28
Cash Growth	8.52%	42.12%	61.34%	-51.98%	-14.72%
Accounts Receivable	1,357	1,473	1,434	697.19	627.57
Other Receivables	659.55	789.12	720.54	-	-
Receivables	2,017	2,263	2,155	697.19	628.56
Inventory	2,965	2,722	1,950	1,067	1,060
Prepaid Expenses	-	-	-	-	0.95
Other Current Assets	2,401	1,854	1,554	2,767	1,021
Total Current Assets	8,348	7,728	6,284	4,919	3,518
Property, Plant & Equipment	13,577	13,854	13,832	11,173	7,513
Long-Term Investments	3.41	3.41	3.41	3.41	3.41
Goodwill	-	-	-	108.43	108.43
Other Intangible Assets	33.34	35.4	47.01	73.28	94.29
Long-Term Deferred Tax Assets	7.59	16.63	19.52	37.08	11.35
Other Long-Term Assets	402.05	468.29	816.75	1,945	3,030
Total Assets	22,371	22,106	21,002	18,259	14,278
Accounts Payable	2,224	2,210	2,604	1,398	2,096
Accrued Expenses	186.98	239.18	169.38	96.06	102.83
Short-Term Debt	8,185	6,665	5,915	6,949	4,309
Current Portion of Long-Term Debt	2,254	1,846	1,199	279	-
Current Portion of Leases	5.99	35.87	32.96	3.74	4.24
Current Income Taxes Payable	109.82	55.68	54.81	52.23	99.11
Current Unearned Revenue	509.15	350.46	348.09	172.7	252.14
Other Current Liabilities	1,749	2,291	2,097	1,658	675.84
Total Current Liabilities	15,224	13,694	12,420	10,609	7,539
Long-Term Debt	1,358	2,433	3,076	3,270	1,941
Long-Term Leases	13.87	15.36	48.55	18.53	18.91
Long-Term Deferred Tax Liabilities	67.15	62.37	55.34	35.31	38.66
Other Long-Term Liabilities	410.35	1,007	1,041	-	-
Total Liabilities	17,074	17,212	16,640	13,933	9,538
Common Stock	102.66	102.66	102.66	102.66	102.66
Additional Paid-In Capital	-	1,352	1,352	1,352	1,352
Retained Earnings	-	4,164	3,632	3,540	3,910
Comprehensive Income & Other	5,210	-707.51	-706.01	-697.53	-698.86
Total Common Equity	5,313	4,912	4,381	4,298	4,666
Minority Interest	-15.58	-17.98	-19.37	27.97	74.55
Shareholders' Equity	5,297	4,894	4,361	4,326	4,741
Total Liabilities & Equity	22,371	22,106	21,002	18,259	14,278
Total Debt	11,817	10,996	10,272	10,521	6,273
Net Cash (Debt)	-10,852	-10,108	-9,646	-10,133	-5,465
Net Cash Per Share	-9.38	-8.73	-8.27	-8.62	-4.65
Filing Date Shares Outstanding	1,187	1,190	1,190	1,190	1,190
Total Common Shares Outstanding	1,187	1,190	1,190	1,190	1,190
Working Capital	-6,876	-5,966	-6,136	-5,690	-4,022
Book Value Per Share	4.48	4.13	3.68	3.61	3.92
Tangible Book Value	5,279	4,876	4,334	4,116	4,463
Tangible Book Value Per Share	4.45	4.10	3.64	3.46	3.75
Buildings	-	3,769	3,678	1,416	1,330
Machinery	-	13,698	13,539	6,389	6,234
Construction In Progress	-	837.68	176.72	6,603	2,777

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.