HKG:2678 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	2,488	2,880	2,162	2,468	2,505
Short-Term Investments	327.53	425.7	397	430.1	12.23
Cash & Short-Term Investments	2,815	3,306	2,559	2,899	2,518
Cash Growth	-14.85%	29.20%	-11.72%	15.13%	-6.19%
Accounts Receivable	1,321	1,404	1,571	1,363	2,020
Other Receivables	430.41	431.79	1,547	978.97	627.25
Receivables	1,751	1,836	3,118	2,342	2,647
Inventory	5,056	4,736	5,523	7,831	7,372
Prepaid Expenses	54.89	38.03	34.69	29.83	35.01
Other Current Assets	250.97	355.11	472.62	527.2	477.24
Total Current Assets	9,929	10,271	11,707	13,629	13,049
Property, Plant & Equipment	9,290	9,396	9,867	11,376	10,620
Long-Term Investments	387.07	379.69	394.94	360.04	320.94
Goodwill	26.97	26.97	26.97	26.97	26.97
Other Intangible Assets	27.46	31.12	34.78	38.44	42.1
Long-Term Deferred Tax Assets	248.85	312.43	397.1	305.62	91.98
Other Long-Term Assets	338.05	373.61	382.7	414.89	292
Total Assets	20,247	20,791	22,811	26,151	24,443
Accounts Payable	925.25	886.39	868.85	4,597	4,576
Accrued Expenses	565.78	562.25	522.33	538.07	666.41
Short-Term Debt	1,812	2,127	2,509	559.04	-
Current Portion of Long-Term Debt	2,921	3,199	4,146	5,155	3,862
Current Portion of Leases	46.13	48.89	47.04	55.69	31.62
Current Income Taxes Payable	92.42	28.5	222.29	123.88	188.77
Current Unearned Revenue	390.26	232.09	481.18	659.46	361.63
Other Current Liabilities	250.3	275.62	322.05	478.13	403.15
Total Current Liabilities	7,003	7,360	9,118	12,167	10,089
Long-Term Debt	2,461	3,196	3,578	3,388	3,383
Long-Term Leases	98.05	131.11	162.27	258.7	82.63
Pension & Post-Retirement Benefits	3.48	2.57	-	-	-
Long-Term Deferred Tax Liabilities	158.03	143.45	198.09	236.03	286.48
Total Liabilities	9,724	10,833	13,056	16,050	13,842
Common Stock	96.96	96.96	96.96	96.96	96.96
Additional Paid-In Capital	462.06	462.06	462.06	462.06	462.06
Retained Earnings	9,499	8,670	8,193	8,563	9,164
Treasury Stock	-3.95	-	-	-	-
Comprehensive Income & Other	178.51	226.27	396.83	380.06	314.89
Total Common Equity	10,233	9,455	9,149	9,502	10,038
Minority Interest	290.99	502.05	606.28	599.85	562.68
Shareholders' Equity	10,524	9,957	9,755	10,101	10,601
Total Liabilities & Equity	20,247	20,791	22,811	26,151	24,443
Total Debt	7,338	8,703	10,441	9,417	7,359
Net Cash (Debt)	-4,523	-5,397	-7,882	-6,518	-4,842
Net Cash Per Share	-4.93	-5.88	-8.59	-7.10	-5.28
Filing Date Shares Outstanding	917.04	918	918	918	918
Total Common Shares Outstanding	917.04	918	918	918	918
Working Capital	2,926	2,911	2,590	1,462	2,959
Book Value Per Share	11.16	10.30	9.97	10.35	10.93
Tangible Book Value	10,178	9,397	9,087	9,436	9,969
Tangible Book Value Per Share	11.10	10.24	9.90	10.28	10.86
Land	102.39	104.72	109.39	188.49	163.96
Buildings	3,740	3,703	3,849	4,303	4,165
Machinery	9,266	9,549	9,466	9,533	8,575
Construction In Progress	1,295	1,138	876.75	1,316	1,510

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