HKG:2519 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	1,613	1,364	809.84	642.86	533.2
Short-Term Investments	10	63.04	41.42	39.78	30.65
Trading Asset Securities	101.79	23.26	10	70	191.43
Cash & Short-Term Investments	1,725	1,450	861.25	752.65	755.28
Cash Growth	18.95%	68.37%	14.43%	-0.35%	61.60%
Accounts Receivable	1,612	1,306	827.54	494.62	489.15
Other Receivables	-	171.6	138.26	117.32	73.51
Receivables	1,612	1,477	965.8	611.94	562.66
Inventory	1,627	1,445	1,046	1,027	1,380
Other Current Assets	1,033	395.78	272.89	340.28	313.66
Total Current Assets	5,997	4,769	3,146	2,731	3,011
Property, Plant & Equipment	3,582	3,498	1,344	1,396	561.18
Long-Term Investments	296.97	184.08	283.16	283.52	345.95
Other Intangible Assets	10.17	26.03	0.78	1.27	1.8
Long-Term Accounts Receivable	51.39	61.42	74.32	85.62	10.42
Long-Term Deferred Tax Assets	196.68	209.99	296.88	395.91	385.74
Other Long-Term Assets	-	31.56	32.15	63.71	142.5
Total Assets	10,135	8,780	5,178	4,958	4,459
Accounts Payable	1,855	1,438	1,035	923.76	1,144
Accrued Expenses	22.98	57.77	52.54	48.84	45
Short-Term Debt	1,555	-	1.12	418.1	450.76
Current Portion of Long-Term Debt	-	716.63	386.6	488.37	542.48
Current Portion of Leases	366.62	231.35	155.36	139.27	91.69
Current Income Taxes Payable	-	24.78	32.79	25.39	81.07
Current Unearned Revenue	147.23	155	48.2	61.95	55.01
Other Current Liabilities	66.7	51.81	92.31	98.69	63.66
Total Current Liabilities	4,014	2,676	1,804	2,204	2,474
Long-Term Debt	239.52	257.17	276.6	129.03	-
Long-Term Leases	2,729	2,737	677.89	699.83	426.43
Long-Term Unearned Revenue	-	-	46.4	43.2	40
Other Long-Term Liabilities	-	-	100	100	-
Total Liabilities	6,982	5,670	2,905	3,176	2,940
Common Stock	415.21	415.21	386.87	390.05	390.05
Additional Paid-In Capital	-	1,036	655.91	693.6	693.6
Retained Earnings	-	1,722	1,218	686.38	467.33
Comprehensive Income & Other	2,717	-93.52	1.03	-7.52	-44.38
Total Common Equity	3,132	3,080	2,262	1,763	1,507
Minority Interest	20.23	29.79	10.57	19.01	12.25
Shareholders' Equity	3,153	3,109	2,273	1,782	1,519
Total Liabilities & Equity	10,135	8,780	5,178	4,958	4,459
Total Debt	4,891	3,942	1,498	1,875	1,511
Net Cash (Debt)	-3,166	-2,492	-636.32	-1,122	-756.08
Net Cash Per Share	-7.66	-6.40	-1.64	-2.89	-1.95
Filing Date Shares Outstanding	413.91	415.21	386.87	388.5	388.5
Total Common Shares Outstanding	413.91	415.21	386.87	388.5	388.5
Working Capital	1,984	2,093	1,342	527.09	537.7
Book Value Per Share	7.57	7.42	5.85	4.54	3.88
Tangible Book Value	3,122	3,053	2,261	1,761	1,505
Tangible Book Value Per Share	7.54	7.35	5.85	4.53	3.87
Land	-	609.97	609.97	609.97	-
Machinery	-	137.54	89.44	79.61	58.02
Construction In Progress	-	50.55	-	-	-
Leasehold Improvements	-	115.31	47.45	42.95	21.18

Source: S&P Global Market Intelligence. Standard template. Financial Sources.