HKG:2865 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2016 - 2020
Cash & Equivalents	4,259	3,536	3,608	1,873	491.49	333	Upgrade
Trading Asset Securities	2,359	430.18	-	-	-	-	Upgrade
Cash & Short-Term Investments	6,618	3,966	3,608	1,873	491.49	333	Upgrade
Cash Growth	177.98%	9.92%	92.62%	281.10%	47.60%	38.41%	Upgrade
Accounts Receivable	575.98	833.38	1,895	1,069	511.33	286.16	Upgrade
Other Receivables	68.76	46.59	89.5	10.19	5.96	5.96	Upgrade
Receivables	644.74	879.97	1,985	1,079	517.28	292.12	Upgrade
Inventory	445.05	552.08	727.29	338.92	437.74	188.98	Upgrade
Other Current Assets	839.87	933.8	680.31	268.1	235.52	43.6	Upgrade
Total Current Assets	8,547	6,332	7,000	3,559	1,682	857.69	Upgrade
Property, Plant & Equipment	8,150	8,490	9,356	4,077	2,655	471.02	Upgrade
Long-Term Investments	-	-	-	-	43.87	55.99	Upgrade
Goodwill	853.92	854.84	856.68	860.51	863.33	-	Upgrade
Other Intangible Assets	301.03	321.02	239.07	159.26	299.73	140.98	Upgrade
Long-Term Accounts Receivable	-	-	-	16.78	22.7	-	Upgrade
Long-Term Deferred Tax Assets	432.27	383.33	734.03	260.99	42.31	15.36	Upgrade
Long-Term Deferred Charges	0.19	0.45	1.07	3.3	283.41	266.1	Upgrade
Other Long-Term Assets	130.25	78.38	198.01	160.52	122.5	50.42	Upgrade
Total Assets	18,414	16,459	18,385	9,098	6,015	1,858	Upgrade
Accounts Payable	3,431	3,475	3,883	1,536	1,417	369.28	Upgrade
Accrued Expenses	64.29	91.92	227.99	113.96	83.44	29.2	Upgrade
Short-Term Debt	1,456	1,511	450.08	645.97	176.77	50	Upgrade
Current Portion of Long-Term Debt	1,852	934.21	647.87	344.1	31.46	35	Upgrade
Current Portion of Leases	66.36	49.74	166.78	248.26	330.77	35.53	Upgrade
Current Income Taxes Payable	3.84	-	-	0.93	4.97	1.01	Upgrade
Current Unearned Revenue	106.18	82.55	474.62	317.13	93.4	48.59	Upgrade
Other Current Liabilities	155.56	232.85	610.62	1,171	880.47	10.72	Upgrade
Total Current Liabilities	7,135	6,377	6,461	4,377	3,018	579.33	Upgrade
Long-Term Debt	2,555	2,142	2,030	1,678	792.34	213.76	Upgrade
Long-Term Leases	336.16	348.91	535.74	347.85	164.07	13.67	Upgrade
Long-Term Unearned Revenue	21.36	28.38	270.15	220.33	11.62	2.94	Upgrade
Long-Term Deferred Tax Liabilities	109.91	127.41	636.07	279.75	24.67	-	Upgrade
Other Long-Term Liabilities	3,445	3,548	3,743	1,143	400	-	Upgrade
Total Liabilities	13,602	12,572	13,676	8,047	4,411	809.7	Upgrade
Common Stock	292.58	229.15	227.39	141.52	137.29	128.81	Upgrade
Additional Paid-In Capital	4,158	3,033	2,995	96.32	660.94	512.51	Upgrade
Retained Earnings	462.32	725.98	1,487	812.99	192.84	378.09	Upgrade
Treasury Stock	-100.96	-100.96	-	-	-	-4.73	Upgrade
Comprehensive Income & Other	-0.03	0.02	-	-	10.76	33.17	Upgrade
Total Common Equity	4,812	3,887	4,709	1,051	1,002	1,048	Upgrade
Minority Interest	-	-	-	-	602.44	-	Upgrade
Shareholders' Equity	4,812	3,887	4,709	1,051	1,604	1,048	Upgrade
Total Liabilities & Equity	18,414	16,459	18,385	9,098	6,015	1,858	Upgrade
Total Debt	6,265	4,986	3,831	3,265	1,495	347.96	Upgrade
Net Cash (Debt)	352.82	-1,020	-222.95	-1,391	-1,004	-14.97	Upgrade
Net Cash Per Share	1.52	-4.49	-1.03	-6.93	-5.43	-0.09	Upgrade
Filing Date Shares Outstanding	290.85	227.42	227.39	197.86	191.94	180.08	Upgrade
Total Common Shares Outstanding	290.85	227.42	227.39	197.86	191.94	180.08	Upgrade
Working Capital	1,412	-45.78	539.72	-818.14	-1,336	278.36	Upgrade
Book Value Per Share	16.55	17.09	20.71	5.31	5.22	5.82	Upgrade
Tangible Book Value	3,657	2,711	3,613	31.07	-161.23	906.87	Upgrade
Tangible Book Value Per Share	12.57	11.92	15.89	0.16	-0.84	5.04	Upgrade
Buildings	2,715	2,655	2,570	843.68	781.96	262.71	Upgrade
Machinery	7,267	7,070	6,381	3,295	2,222	465.7	Upgrade
Construction In Progress	112.16	338.66	1,276	308.46	237.37	96.4	Upgrade

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