HKG:2337 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	365.63	158.63	156.87	138.65	101.77
Cash & Short-Term Investments	365.63	158.63	156.87	138.65	101.77
Cash Growth	130.50%	1.12%	13.14%	36.23%	-26.58%
Accounts Receivable	35.05	95.63	34.26	67.99	38.35
Other Receivables	24.09	48.12	40.21	29.23	16.59
Receivables	59.14	143.75	74.47	97.22	54.94
Inventory	1,021	1,027	1,095	688.97	658.27
Other Current Assets	4.74	4.53	6.16	8.17	9.39
Total Current Assets	1,451	1,334	1,333	933	824.37
Property, Plant & Equipment	385.18	427.78	488.5	537.77	636.34
Long-Term Investments	54.35	54.55	52.19	66.91	73.88
Long-Term Deferred Tax Assets	63.03	59.65	39.24	15.91	7.75
Other Long-Term Assets	1.46	1.58	1.71	1.87	2.04
Total Assets	1,955	1,877	1,915	1,555	1,544
Accounts Payable	160.15	128.71	375.6	63.9	113.95
Accrued Expenses	14.82	12.99	10.89	12.17	15.42
Current Portion of Long-Term Debt	701.41	445.18	351.78	298.93	207.45
Current Portion of Leases	87.39	87.36	82.32	87.23	124.39
Current Income Taxes Payable	13	16.03	13.77	10.3	38.15
Current Unearned Revenue	250.7	349.14	257.29	249.92	174.52
Other Current Liabilities	38.77	61.63	49.05	96.52	63.72
Total Current Liabilities	1,266	1,101	1,141	818.97	737.59
Long-Term Debt	11.2	47.84	42	-	45.63
Long-Term Leases	143.17	177.54	216.33	264.73	307
Long-Term Deferred Tax Liabilities	2.52	2.93	3.47	4.13	5.5
Total Liabilities	1,423	1,329	1,402	1,088	1,096
Common Stock	32.29	32.29	32.29	32.29	32.29
Additional Paid-In Capital	670.1	683.97	711.32	711.32	719.49
Retained Earnings	482.46	484.83	417.04	377.55	361.02
Comprehensive Income & Other	-691.8	-690.42	-691.14	-692.47	-701
Total Common Equity	493.04	510.67	469.5	428.68	411.8
Minority Interest	38.51	37.28	42.6	38.94	36.86
Shareholders' Equity	531.55	547.96	512.11	467.62	448.66
Total Liabilities & Equity	1,955	1,877	1,915	1,555	1,544
Total Debt	943.17	757.91	692.42	650.89	684.47
Net Cash (Debt)	-577.54	-599.28	-535.56	-512.24	-582.69
Net Cash Per Share	-1.54	-1.60	-1.43	-1.37	-1.56
Filing Date Shares Outstanding	374.5	374.5	374.5	374.5	374.5
Total Common Shares Outstanding	374.5	374.5	374.5	374.5	374.5
Working Capital	184.42	232.7	192.27	114.03	86.78
Book Value Per Share	1.32	1.36	1.25	1.14	1.10
Tangible Book Value	493.04	510.67	469.5	428.68	411.8
Tangible Book Value Per Share	1.32	1.36	1.25	1.14	1.10
Buildings	93.97	93.88	94.18	87.75	86.97
Machinery	250.35	246.14	267.68	260.89	256.64
Construction In Progress	2.19	6.56	7.64	5.81	1.11

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