HKG:2772 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	3,328	5,740	10,663	16,586	27,610
Trading Asset Securities	30.38	39.27	37	34.27	181.07
Cash & Short-Term Investments	3,359	5,780	10,700	16,620	27,792
Cash Growth	-41.89%	-45.98%	-35.62%	-40.20%	-20.10%
Accounts Receivable	27.52	11.89	7.86	7.75	5.24
Other Receivables	39,963	42,024	41,904	46,465	15,283
Receivables	39,990	42,036	41,912	46,473	15,288
Inventory	44,968	58,905	95,723	137,115	153,281
Prepaid Expenses	5,269	5,200	3,527	5,391	-
Other Current Assets	3,750	5,021	5,630	6,137	42,058
Total Current Assets	97,336	116,941	157,492	211,736	238,419
Property, Plant & Equipment	31.86	36.04	38.36	101.2	165.55
Long-Term Investments	12,466	13,883	20,158	21,496	23,677
Other Intangible Assets	0.31	0.82	1.2	5.25	6.19
Long-Term Deferred Tax Assets	872.48	903.09	1,570	2,937	3,425
Other Long-Term Assets	1,374	1,412	1,509	1,544	1,486
Total Assets	112,081	133,176	180,768	237,819	267,178
Accounts Payable	21,449	23,086	25,614	21,019	21,211
Accrued Expenses	3,455	2,599	4,240	2,822	1,981
Short-Term Debt	5,153	4,174	11,375	8,518	13,299
Current Portion of Long-Term Debt	2,961	4,436	6,676	9,325	6,240
Current Portion of Leases	0.6	0.26	2.75	21.41	39.1
Current Income Taxes Payable	2,941	2,659	2,545	1,723	2,012
Current Unearned Revenue	20,450	30,018	65,433	114,459	121,510
Other Current Liabilities	33,626	35,052	35,244	39,103	44,179
Total Current Liabilities	90,036	102,023	151,131	196,990	210,471
Long-Term Debt	9,585	11,641	3,115	8,892	20,642
Long-Term Leases	0.22	-	1.38	24.07	43.61
Long-Term Deferred Tax Liabilities	121.28	131.29	121.23	538.33	538.19
Total Liabilities	99,743	113,795	154,369	206,445	231,695
Common Stock	39.37	38.11	31.45	31.45	31.45
Additional Paid-In Capital	2,780	2,771	2,672	2,672	2,672
Retained Earnings	-2,345	1,731	4,159	8,404	9,199
Comprehensive Income & Other	-54.24	-4.93	26.95	3.65	62.02
Total Common Equity	420.15	4,535	6,889	11,112	11,965
Minority Interest	11,918	14,846	19,510	20,262	23,518
Shareholders' Equity	12,338	19,381	26,399	31,374	35,483
Total Liabilities & Equity	112,081	133,176	180,768	237,819	267,178
Total Debt	17,700	20,251	21,170	26,781	40,264
Net Cash (Debt)	-14,341	-14,471	-10,470	-10,160	-12,473
Net Cash Per Share	-3.36	-3.92	-3.00	-2.91	-3.48
Filing Date Shares Outstanding	4,447	4,309	3,582	3,582	3,582
Total Common Shares Outstanding	4,447	4,309	3,582	3,582	3,582
Working Capital	7,300	14,918	6,361	14,746	27,948
Book Value Per Share	0.09	1.05	1.92	3.10	3.34
Tangible Book Value	419.83	4,534	6,888	11,107	11,959
Tangible Book Value Per Share	0.09	1.05	1.92	3.10	3.34
Buildings	94.98	92.79	84.11	81.42	81.42
Machinery	151.59	149.54	148.69	148.62	143.11
Leasehold Improvements	61.21	60.94	60.73	59.92	58.65

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