HKG:2419 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	5,098	4,589	4,727	2,545	2,843	1,809
Short-Term Investments	-	-	-	57.25	55.34	21.75
Trading Asset Securities	-	151.21	741.65	0.67	352.72	51.78
Cash & Short-Term Investments	5,098	4,741	5,469	2,603	3,251	1,883
Cash Growth	-9.16%	-13.32%	110.12%	-19.95%	72.71%	-21.22%
Accounts Receivable	45.84	44.02	11.42	7.3	13.43	5.74
Other Receivables	200.11	158.67	129.34	84.45	23.08	13.6
Receivables	245.95	202.69	140.76	97.89	53.36	46.18
Inventory	6,503	6,178	5,448	908.74	939.07	680.86
Prepaid Expenses	490.71	72.14	33.25	39.2	27.13	27.84
Other Current Assets	164.18	334.75	222.85	4,478	4,944	3,427
Total Current Assets	12,502	11,528	11,314	8,127	9,215	6,065
Property, Plant & Equipment	11,541	11,404	10,761	9,687	9,096	8,695
Long-Term Investments	32.78	33.3	10.22	5.15	-	16.38
Goodwill	14.73	14.73	14.73	14.73	14.73	14.73
Other Intangible Assets	382.12	282.02	273.3	2.92	3.17	2.51
Long-Term Deferred Tax Assets	0.32	0.02	0	0.01	0	0
Long-Term Deferred Charges	57.41	63.58	62.65	-	-	-
Other Long-Term Assets	141.93	128.07	33.41	1,098	972.02	978.22
Total Assets	24,672	23,454	22,469	18,934	19,300	15,771

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	2,799	2,507	1,945	1,891	1,488	1,201
Accrued Expenses	249.87	358.45	393.21	275.8	248.73	191.42
Short-Term Debt	2,068	480	1,099	8.33	34.13	14.57
Current Portion of Long-Term Debt	657.59	310.17	1,024	3,891	4,456	3,214
Current Portion of Leases	-	193.66	274.8	95.24	76.93	71.26
Current Income Taxes Payable	11.28	0.78	0.69	0.72	0.56	0.12
Current Unearned Revenue	138.84	105.03	83.97	58.61	68.51	35.27
Other Current Liabilities	5,275	4,394	4,243	3,470	2,712	1,595
Total Current Liabilities	11,200	8,349	9,063	9,691	9,084	6,323
Long-Term Debt	2,384	2,586	1,894	2,208	2,444	2,778
Long-Term Leases	2,810	2,766	2,689	2,383	2,047	2,010
Long-Term Unearned Revenue	800.29	825.52	824.6	797.56	660.74	527.72
Total Liabilities	17,195	14,527	14,471	15,079	14,237	11,639

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	388.88	388.88	388.88	388.88	361.96	361.96
Retained Earnings	5,169	6,328	5,245	1,742	3,617	2,624
Treasury Stock	-219.35	-108.11	-	-	-	-
Comprehensive Income & Other	2,231	2,246	2,246	1,821	990.9	987.02
Total Common Equity	7,570	8,855	7,879	3,952	4,970	3,973
Minority Interest	-92.38	72.84	118.99	-96.55	94.17	159.88
Shareholders' Equity	7,477	8,928	7,998	3,855	5,064	4,133
Total Liabilities & Equity	24,672	23,454	22,469	18,934	19,300	15,771

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	7,920	6,336	6,980	8,586	9,058	8,088
Net Cash (Debt)	-2,822	-1,595	-1,512	-5,983	-5,807	-6,206
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-7.29	-4.10	-3.89	-16.44	-16.04	-17.24
Filing Date Shares Outstanding	386.99	387.25	388.88	388.88	361.96	360.04
Total Common Shares Outstanding	386.99	387.25	388.88	388.88	361.96	360.04
Working Capital	1,302	3,179	2,251	-1,564	130.22	-258.19
Book Value Per Share	19.56	22.87	20.26	10.16	13.73	11.03
Tangible Book Value	7,173	8,558	7,591	3,934	4,952	3,956
Tangible Book Value Per Share	18.54	22.10	19.52	10.12	13.68	10.99
Buildings	-	6,232	5,774	-	-	-
Machinery	-	3,135	2,806	8,306	7,225	5,909
Construction In Progress	-	632.18	614.69	983.46	1,195	1,553