HKG:2411 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	1,946	1,758	2,115	1,466	564.67
Short-Term Investments	66.8	53.59	-	-	250
Trading Asset Securities	153.89	691.44	180.43	623.8	1,040
Cash & Short-Term Investments	2,167	2,503	2,295	2,090	1,855
Cash Growth	-13.43%	9.06%	9.84%	12.67%	73.42%
Accounts Receivable	1,192	1,328	1,355	1,288	1,394
Other Receivables	220.46	183.77	149.56	115.27	89.08
Receivables	1,413	1,512	1,507	1,443	1,502
Inventory	1,115	966.88	1,098	861.25	703.57
Restricted Cash	850	445.44	311.31	289.31	272.69
Other Current Assets	106.66	68.59	54.27	46.33	71.76
Total Current Assets	5,652	5,496	5,266	4,730	4,405
Property, Plant & Equipment	1,024	1,087	1,067	997.19	917.65
Long-Term Investments	378.28	536.99	582.26	488.6	517.6
Goodwill	196.05	196.05	196.05	170.46	170.46
Other Intangible Assets	51.83	61.91	76.56	71.3	77.27
Long-Term Deferred Tax Assets	9.07	9.15	6.93	5.79	6.84
Other Long-Term Assets	30.58	155.85	169.84	142.03	146.04
Total Assets	7,604	7,820	7,591	6,810	6,420
Accounts Payable	606.75	676.12	380.57	535.29	361.08
Accrued Expenses	186.3	340.85	304.36	352.11	308.46
Short-Term Debt	2,311	2,333	1,759	1,229	1,425
Current Portion of Long-Term Debt	31.4	13.91	9.45	2.14	10.63
Current Portion of Leases	30.02	30.46	37.1	34.24	52.05
Current Income Taxes Payable	2.72	1.11	11.92	13.89	11.67
Current Unearned Revenue	38.76	55.76	137.63	59.11	60.2
Other Current Liabilities	926.2	908.23	877.11	929.45	827.83
Total Current Liabilities	4,133	4,359	3,518	3,155	3,057
Long-Term Debt	252.59	161.92	126.34	103.75	17.08
Long-Term Leases	369.9	378.1	475.18	433.39	518.94
Long-Term Unearned Revenue	31.26	29.48	37.37	23.26	30.85
Long-Term Deferred Tax Liabilities	5.29	6.3	9.53	7.59	11.04
Other Long-Term Liabilities	51.22	74.25	87.91	66.99	72.27
Total Liabilities	4,843	5,009	4,254	3,790	3,707
Common Stock	2,001	1,589	1,589	1,500	1,500
Retained Earnings	64.99	392.48	846.42	605.47	282.19
Treasury Stock	-	-63.05	-	-	-
Comprehensive Income & Other	615.66	789.59	790.01	849.21	853.67
Total Common Equity	2,681	2,708	3,225	2,955	2,636
Minority Interest	79.16	102.73	112.12	64.81	77.1
Shareholders' Equity	2,761	2,810	3,337	3,019	2,713
Total Liabilities & Equity	7,604	7,820	7,591	6,810	6,420
Total Debt	2,995	2,917	2,407	1,803	2,023
Net Cash (Debt)	-827.63	-413.88	-112.24	287.14	-168.84
Net Cash Per Share	-0.54	-0.27	-0.07	0.19	-0.11
Filing Date Shares Outstanding	2,001	1,539	1,589	1,589	1,500
Total Common Shares Outstanding	2,001	1,539	1,589	1,500	1,500
Working Capital	1,519	1,137	1,748	1,574	1,348
Book Value Per Share	1.34	1.76	2.03	1.97	1.76
Tangible Book Value	2,433	2,450	2,952	2,713	2,388
Tangible Book Value Per Share	1.22	1.59	1.86	1.81	1.59
Buildings	301.38	30.96	29.19	27.24	2.27
Machinery	130.63	141.81	143.13	136.62	114.15
Construction In Progress	48.72	331.79	144.11	127.94	15.71
Leasehold Improvements	323.45	279.44	392.49	317.04	296.72