HKG:2678 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	2,738	2,488	2,880	2,162	2,468	2,505
Short-Term Investments	322.78	327.53	425.7	397	430.1	12.23
Cash & Short-Term Investments	3,171	2,815	3,306	2,559	2,899	2,518
Cash Growth	1.26%	-14.85%	29.20%	-11.72%	15.13%	-6.19%
Accounts Receivable	1,653	1,321	1,404	1,571	1,363	2,020
Other Receivables	-	430.41	431.79	1,547	978.97	627.25
Receivables	1,653	1,751	1,836	3,118	2,342	2,647
Inventory	5,570	5,056	4,736	5,523	7,831	7,372
Prepaid Expenses	644.36	54.89	38.03	34.69	29.83	35.01
Restricted Cash	1.77	-	-	-	-	-
Other Current Assets	269.53	250.97	355.11	472.62	527.2	477.24
Total Current Assets	11,310	9,929	10,271	11,707	13,629	13,049
Property, Plant & Equipment	9,657	9,290	9,396	9,867	11,376	10,620
Long-Term Investments	381.21	387.07	379.69	394.94	360.04	320.94
Goodwill	-	26.97	26.97	26.97	26.97	26.97
Other Intangible Assets	52.6	27.46	31.12	34.78	38.44	42.1
Long-Term Deferred Tax Assets	243.16	248.85	312.43	397.1	305.62	91.98
Other Long-Term Assets	257.82	338.05	373.61	382.7	414.89	292
Total Assets	21,902	20,247	20,791	22,811	26,151	24,443

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	1,170	925.25	886.39	868.85	4,597	4,576
Accrued Expenses	786.39	565.78	562.25	522.33	538.07	666.41
Short-Term Debt	2,287	1,812	2,127	2,509	559.04	-
Current Portion of Long-Term Debt	2,228	2,921	3,199	4,146	5,155	3,862
Current Portion of Leases	47.04	46.13	48.89	47.04	55.69	31.62
Current Income Taxes Payable	91.32	92.42	28.5	222.29	123.88	188.77
Current Unearned Revenue	278.57	390.26	232.09	481.18	659.46	361.63
Other Current Liabilities	93.23	250.3	275.62	322.05	478.13	403.15
Total Current Liabilities	6,982	7,003	7,360	9,118	12,167	10,089
Long-Term Debt	3,365	2,461	3,196	3,578	3,388	3,383
Long-Term Leases	98.11	98.05	131.11	162.27	258.7	82.63
Pension & Post-Retirement Benefits	4.03	3.48	2.57	-	-	-
Long-Term Deferred Tax Liabilities	174.26	158.03	143.45	198.09	236.03	286.48
Total Liabilities	10,669	9,724	10,833	13,056	16,050	13,842

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	96.96	96.96	96.96	96.96	96.96	96.96
Additional Paid-In Capital	462.06	462.06	462.06	462.06	462.06	462.06
Retained Earnings	9,581	9,499	8,670	8,193	8,563	9,164
Treasury Stock	-4.66	-3.95	-	-	-	-
Comprehensive Income & Other	798.26	178.51	226.27	396.83	380.06	314.89
Total Common Equity	10,934	10,233	9,455	9,149	9,502	10,038
Minority Interest	298.61	290.99	502.05	606.28	599.85	562.68
Shareholders' Equity	11,232	10,524	9,957	9,755	10,101	10,601
Total Liabilities & Equity	21,902	20,247	20,791	22,811	26,151	24,443

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	8,026	7,338	8,703	10,441	9,417	7,359
Net Cash (Debt)	-4,854	-4,523	-5,397	-7,882	-6,518	-4,842
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-5.29	-4.93	-5.88	-8.59	-7.10	-5.28
Filing Date Shares Outstanding	916.88	917.04	918	918	918	918
Total Common Shares Outstanding	916.88	917.04	918	918	918	918
Working Capital	4,328	2,926	2,911	2,590	1,462	2,959
Book Value Per Share	11.92	11.16	10.30	9.97	10.35	10.93
Tangible Book Value	10,881	10,178	9,397	9,087	9,436	9,969
Tangible Book Value Per Share	11.87	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