HKG:2460 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	1,174	5,701	2,075	2,508	1,683
Short-Term Investments	5,219	4,947	2,297	292.3	207.56
Cash & Short-Term Investments	6,392	10,647	4,372	2,800	1,890
Cash Growth	-39.96%	143.53%	56.15%	48.12%	-
Accounts Receivable	293.78	285.25	230.7	240.07	274.78
Other Receivables	562.87	510.58	538.76	447.63	347.24
Receivables	856.66	795.84	769.46	4,224	4,553
Inventory	399.31	504.21	377.38	588.12	414.09
Other Current Assets	21.97	13.23	39.05	18.15	341.18
Total Current Assets	7,670	11,961	5,558	7,630	7,199
Property, Plant & Equipment	6,794	6,502	5,328	2,472	1,565
Long-Term Investments	671.64	-	1,577	-	-
Long-Term Deferred Tax Assets	188.29	91.83	243.46	310.18	256.89
Other Long-Term Assets	64.86	139.68	295.52	192.39	67.06
Total Assets	15,389	18,694	13,002	10,605	9,088
Accounts Payable	321.54	625.3	816.91	563.04	389.7
Accrued Expenses	1,852	1,783	2,559	2,844	3,065
Current Portion of Long-Term Debt	0.89	6.04	-	-	-
Current Portion of Leases	13.37	14.11	16.18	17.17	15.91
Current Income Taxes Payable	169.49	19.44	7.67	33.37	28.97
Current Unearned Revenue	265.56	193.34	139.36	246.66	268.91
Other Current Liabilities	972.45	3,681	1,649	625.41	417.49
Total Current Liabilities	3,596	6,322	5,188	4,329	4,186
Long-Term Debt	144.55	142.73	-	-	-
Long-Term Leases	15.77	25.39	19.81	10.38	16.79
Long-Term Unearned Revenue	166.72	141.65	110.74	128.25	112.85
Long-Term Deferred Tax Liabilities	152.48	201.23	310.07	241	188.99
Total Liabilities	4,075	6,833	5,629	4,709	4,504
Common Stock	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	-	5,214	-	-	-
Retained Earnings	-	5,559	6,423	5,093	4,104
Comprehensive Income & Other	10,729	527.42	480.33	480.38	480.39
Total Common Equity	10,729	11,300	6,903	5,574	4,584
Minority Interest	584.03	560.9	469.72	322.01	-
Shareholders' Equity	11,313	11,861	7,373	5,896	4,584
Total Liabilities & Equity	15,389	18,694	13,002	10,605	9,088
Total Debt	174.59	188.26	35.99	27.55	32.7
Net Cash (Debt)	6,218	10,459	4,336	2,772	1,858
Net Cash Growth	-40.55%	141.21%	56.40%	49.24%	-
Net Cash Per Share	2.59	5.04	2.17	1.39	0.93
Filing Date Shares Outstanding	2,398	2,398	2,000	2,000	2,000
Total Common Shares Outstanding	2,398	2,398	2,000	2,000	2,000
Working Capital	4,075	5,639	369.62	3,301	3,013
Book Value Per Share	4.47	4.71	3.45	2.79	2.29
Tangible Book Value	10,729	11,300	6,903	5,574	4,584
Tangible Book Value Per Share	4.47	4.71	3.45	2.79	2.29
Buildings	-	2,457	1,625	1,158	991.12
Machinery	-	5,709	3,579	2,592	1,996
Construction In Progress	-	393.89	1,809	156.35	30.06
Leasehold Improvements	-	71.81	44.6	28.63	20.61

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