HKG:2386 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	15,700	11,442	12,916	14,978	10,310
Short-Term Investments	13,265	9,963	12,015	9,054	8,358
Cash & Short-Term Investments	28,965	21,405	24,931	24,032	18,668
Cash Growth	35.32%	-14.14%	3.74%	28.73%	11.64%
Accounts Receivable	19,890	19,828	17,476	18,341	17,127
Other Receivables	1,586	1,943	1,472	769.51	1,085
Receivables	41,999	42,271	39,449	39,611	38,711
Inventory	6,126	6,698	5,811	3,490	4,047
Prepaid Expenses	282.8	173.66	48.84	112.4	22.76
Restricted Cash	523.78	230.15	90.39	82.92	109.69
Other Current Assets	5,512	2,688	2,392	3,041	3,379
Total Current Assets	83,408	73,466	72,722	70,369	64,938
Property, Plant & Equipment	6,649	6,884	7,037	6,923	6,770
Long-Term Investments	258.82	277.77	400.06	428.27	162.84
Other Intangible Assets	216.73	182.55	177.28	192.02	203.08
Long-Term Deferred Tax Assets	684.65	702.94	753.61	769.95	843.16
Total Assets	91,218	81,513	81,090	78,682	72,917
Accounts Payable	22,444	22,030	19,828	19,792	20,390
Accrued Expenses	674.26	972.93	1,190	1,379	1,135
Short-Term Debt	678.26	109.26	80.7	141.97	63.76
Current Portion of Leases	183.83	169.92	38.32	62.25	73.49
Current Income Taxes Payable	388.19	457.47	485.95	456.24	470.24
Current Unearned Revenue	31,086	22,221	24,761	22,929	17,486
Other Current Liabilities	2,003	1,893	1,637	1,714	1,752
Total Current Liabilities	57,457	47,854	48,021	46,475	41,370
Long-Term Debt	274.39	40.81	21.46	-	-
Long-Term Leases	128.91	252.34	114.41	66.82	88.24
Pension & Post-Retirement Benefits	1,541	1,782	1,821	1,914	2,154
Long-Term Deferred Tax Liabilities	2	2.63	2.47	5.53	-
Other Long-Term Liabilities	-	-	191.68	184.27	181.29
Total Liabilities	59,403	49,932	50,173	48,646	43,794
Common Stock	4,394	4,398	4,419	4,428	4,428
Retained Earnings	17,184	16,917	16,194	15,327	14,522
Comprehensive Income & Other	10,164	10,197	10,246	10,276	10,168
Total Common Equity	31,742	31,512	30,858	30,032	29,118
Minority Interest	72.44	69.42	58.66	5.28	5.25
Shareholders' Equity	31,814	31,581	30,917	30,037	29,123
Total Liabilities & Equity	91,218	81,513	81,090	78,682	72,917
Total Debt	1,265	572.33	254.89	271.04	225.49
Net Cash (Debt)	27,699	20,833	24,676	23,760	18,443
Net Cash Growth	32.96%	-15.57%	3.85%	28.84%	12.50%
Net Cash Per Share	6.30	4.74	5.57	5.37	4.17
Filing Date Shares Outstanding	4,394	4,398	4,427	4,428	4,428
Total Common Shares Outstanding	4,394	4,398	4,427	4,428	4,428
Working Capital	25,951	25,612	24,701	23,894	23,567
Book Value Per Share	7.22	7.17	6.97	6.78	6.58
Tangible Book Value	31,525	31,330	30,681	29,839	28,915
Tangible Book Value Per Share	7.17	7.12	6.93	6.74	6.53
Buildings	3,744	3,973	3,934	3,807	3,745
Machinery	7,047	6,593	6,424	5,834	5,376
Construction In Progress	670.45	598.81	570.37	611.26	568.54
Order Backlog	203,850	172,677	136,262	112,231	92,734

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