HKG:2357 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	31,375	29,054	39,335	37,180	41,297	23,539
Short-Term Investments	-	-	-	-	500	200
Trading Asset Securities	1,939	2,342	3,311	957	529.36	1,245
Cash & Short-Term Investments	33,314	31,396	42,645	38,137	42,326	24,984
Cash Growth	-3.91%	-26.38%	11.82%	-9.90%	69.42%	-0.92%
Accounts Receivable	77,978	81,839	68,058	55,933	47,368	36,405
Other Receivables	535.96	451.49	429.2	373.19	311.12	215.62
Receivables	78,514	82,291	68,487	56,307	47,679	36,620
Inventory	45,009	42,115	37,808	40,122	39,946	32,375
Prepaid Expenses	2,831	-	-	-	-	8,562
Restricted Cash	-	1,385	1,987	2,341	2,477	1,823
Other Current Assets	1,669	4,506	7,834	7,864	8,501	748.57
Total Current Assets	161,336	161,693	158,761	144,770	140,929	105,112
Property, Plant & Equipment	31,330	31,119	29,755	27,237	24,679	18,745
Long-Term Investments	6,614	7,230	7,183	6,782	7,056	5,394
Goodwill	93.19	93.19	93.19	93.19	167.54	69.12
Other Intangible Assets	3,908	3,920	4,020	4,023	3,877	3,236
Long-Term Accounts Receivable	-	33.74	56.34	175.37	268.63	109.84
Long-Term Deferred Tax Assets	1,211	1,266	1,006	869.7	713.35	416.01
Long-Term Deferred Charges	86.64	97.24	103.88	100.66	43.29	71.63
Other Long-Term Assets	1,111	1,150	1,066	1,023	1,388	735.82
Total Assets	205,690	206,603	202,044	185,074	179,122	133,889

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	61,983	62,083	57,338	49,800	49,113	38,755
Accrued Expenses	1,746	3,945	5,091	5,007	5,229	2,597
Short-Term Debt	16,781	12,294	9,684	5,312	7,006	3,315
Current Portion of Long-Term Debt	2,544	3,853	2,979	1,160	4,430	1,124
Current Portion of Leases	-	96.17	102.92	90.47	85.54	99.38
Current Income Taxes Payable	640.13	272.38	178.84	184.01	231.49	256.57
Current Unearned Revenue	9,854	10,894	15,803	19,119	24,760	21,317
Other Current Liabilities	3,434	4,507	4,556	4,876	5,253	2,120
Total Current Liabilities	96,981	97,946	95,733	85,549	96,107	69,583
Long-Term Debt	4,376	4,624	5,316	7,034	3,406	6,355
Long-Term Leases	353.21	355.19	406.58	348.5	352.37	786.83
Long-Term Unearned Revenue	1,181	1,993	1,906	2,048	2,600	867.8
Pension & Post-Retirement Benefits	1,441	1,484	1,818	1,841	1,905	1,495
Long-Term Deferred Tax Liabilities	785.47	974.77	762.79	596.57	583.75	351.91
Other Long-Term Liabilities	771.51	-154.65	-546.45	-442.53	-1,351	-317.82
Total Liabilities	105,890	107,223	105,396	96,975	103,603	79,123

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	7,973	7,973	7,973	7,973	7,711	7,711
Additional Paid-In Capital	-	2,285	2,285	1,744	1,006	1,006
Retained Earnings	12,472	12,008	10,863	9,375	7,543	5,605
Comprehensive Income & Other	14,707	12,749	13,028	12,480	13,633	12,585
Total Common Equity	35,152	35,014	34,148	31,572	29,894	26,907
Minority Interest	64,648	64,366	62,500	56,527	45,626	27,859
Shareholders' Equity	99,800	99,380	96,648	88,099	75,519	54,767
Total Liabilities & Equity	205,690	206,603	202,044	185,074	179,122	133,889

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	24,054	21,223	18,488	13,946	15,280	11,680
Net Cash (Debt)	9,260	10,174	24,157	24,191	27,046	13,303
Net Cash Growth	-39.99%	-57.89%	-0.14%	-10.55%	103.30%	6.86%
Net Cash Per Share	1.16	1.27	3.03	3.07	3.51	1.72
Filing Date Shares Outstanding	7,990	7,973	7,973	7,973	7,711	7,711
Total Common Shares Outstanding	7,990	7,973	7,973	7,973	7,711	7,711
Working Capital	64,355	63,747	63,028	59,221	44,822	35,529
Book Value Per Share	4.40	4.39	4.28	3.96	3.88	3.49
Tangible Book Value	31,150	31,001	30,035	27,456	25,849	23,603
Tangible Book Value Per Share	3.90	3.89	3.77	3.44	3.35	3.06
Machinery	-	50,402	46,032	41,445	37,605	26,207
Construction In Progress	-	3,588	4,240	4,438	4,363	3,024