HKG:2315 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	996.28	1,585	403.85	417.66	626.62	466.45
Short-Term Investments	-	-	-	7.89	9.15	106.98
Trading Asset Securities	234.82	-	-	8.49	8.2	-
Cash & Short-Term Investments	1,231	1,585	403.85	434.04	643.97	573.42
Cash Growth	152.88%	292.51%	-6.96%	-32.60%	12.30%	-40.11%
Accounts Receivable	306.16	300.31	229.61	142.38	107.68	103.09
Other Receivables	16.6	17.58	6.93	6.04	4.17	14.96
Receivables	322.76	317.89	236.54	148.43	111.85	118.05
Inventory	180.31	169.87	110.48	9.9	23.73	21.65
Other Current Assets	100.18	75.87	65.66	130.69	139.74	161.11
Total Current Assets	1,834	2,149	816.53	723.05	919.3	874.24
Property, Plant & Equipment	1,482	1,237	1,213	1,451	1,599	1,391
Long-Term Investments	181.98	192.06	222.61	241.24	250.81	9.69
Other Intangible Assets	50.58	52.7	61.14	28.13	30.65	6.06
Long-Term Deferred Tax Assets	0.97	0.99	0.96	-	-	-
Long-Term Deferred Charges	105.39	74.92	96.35	-	-	-
Other Long-Term Assets	21.84	18.36	5.23	6.16	-	21.86
Total Assets	3,677	3,724	2,415	2,449	2,800	2,303
Accounts Payable	98.91	135.83	115.48	175.23	146.19	102.44
Accrued Expenses	28.05	99.34	38.06	27.89	51.62	53.66
Short-Term Debt	67	153.38	181.04	-	-	-
Current Portion of Long-Term Debt	297.28	36.22	17.58	176.84	126.67	-
Current Portion of Leases	-	31.94	17.86	26.36	44.94	26.9
Current Income Taxes Payable	8.36	2	4.01	4.51	4.2	5.02
Current Unearned Revenue	115.1	103.76	102.19	69.22	56.38	61.58
Other Current Liabilities	64.39	367.83	58.69	97.56	176.06	196.96
Total Current Liabilities	679.09	930.3	534.91	577.62	606.05	446.56
Long-Term Debt	276.54	179.88	156.13	173.91	52.17	-
Long-Term Leases	352.89	182.67	197.67	167.01	191.51	62.9
Long-Term Unearned Revenue	81.82	82.54	84.9	87.07	89.93	92.8
Long-Term Deferred Tax Liabilities	-	-	-	1.9	-	-
Other Long-Term Liabilities	-	169.52	603.1	651.48	709.36	448.55
Total Liabilities	1,390	1,545	1,577	1,659	1,649	1,051
Common Stock	446.9	446.9	399.4	399.4	399.4	374.93
Additional Paid-In Capital	3,348	3,345	2,218	1,992	1,992	1,516
Retained Earnings	-1,469	-1,573	-1,754	-1,787	-1,404	-802.32
Treasury Stock	-44.12	-45.35	-32.76	-27.18	-18.99	-
Comprehensive Income & Other	0.82	1.33	2.69	209.09	178.32	159.03
Total Common Equity	2,282	2,175	834.06	785.89	1,146	1,247
Minority Interest	4.54	4.54	4.55	4.55	4.55	4.76
Shareholders' Equity	2,286	2,179	838.6	790.44	1,151	1,252
Total Liabilities & Equity	3,677	3,724	2,415	2,449	2,800	2,303
Total Debt	993.71	584.09	570.28	544.11	415.28	89.8
Net Cash (Debt)	237.4	1,001	-166.43	-110.07	228.69	483.62
Net Cash Growth	-	-	-	-	-52.71%	-44.82%
Net Cash Per Share	0.59	2.49	-0.40	-0.28	0.60	1.33
Filing Date Shares Outstanding	452.32	446.9	399.4	399.4	399.4	396.69
Total Common Shares Outstanding	452.32	446.9	399.4	399.4	399.4	374.93
Working Capital	1,155	1,218	281.62	145.43	313.25	427.68
Book Value Per Share	5.04	4.87	2.09	1.97	2.87	3.33
Tangible Book Value	2,231	2,122	772.92	757.76	1,116	1,241
Tangible Book Value Per Share	4.93	4.75	1.94	1.90	2.79	3.31
Buildings	-	1,057	1,057	-	-	-
Machinery	-	506.04	442.16	1,437	1,208	1,107
Construction In Progress	-	34.09	1.73	5.19	268.29	181.96
Leasehold Improvements	-	-	-	240.53	161.75	166.43

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