HKG:2866 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	14,047	10,277	8,702	13,027	15,561	18,020
Trading Asset Securities	1.09	2.31	34.35	661.65	639.61	1,074
Cash & Short-Term Investments	14,048	10,279	8,736	13,688	16,201	19,093
Cash Growth	27.06%	17.66%	-36.18%	-15.51%	-15.15%	36.05%
Accounts Receivable	2,273	4,478	5,089	4,666	4,040	6,060
Other Receivables	70.23	9.29	11.63	19.2	191.6	58.96
Receivables	2,343	4,487	5,101	4,685	4,231	6,119
Inventory	2,836	2,854	2,268	2,198	4,050	6,902
Other Current Assets	6,336	2,883	2,024	2,051	408.33	1,454
Total Current Assets	25,563	20,503	18,128	22,622	24,890	33,568
Property, Plant & Equipment	55,361	55,739	51,010	45,482	43,239	38,547
Long-Term Investments	30,690	30,611	29,128	28,102	27,354	28,483
Other Intangible Assets	649.71	655.51	656.9	638.79	624.65	593.39
Long-Term Accounts Receivable	-	23,521	26,917	28,491	31,128	31,127
Long-Term Deferred Tax Assets	251.61	262.63	282.68	261.9	116.14	41.15
Long-Term Deferred Charges	15.49	17.25	19.37	22.15	28.54	3.83
Other Long-Term Assets	23,286	281.16	225.7	310.93	765.57	253.05
Total Assets	135,816	131,591	126,367	125,931	128,147	132,616
Accounts Payable	3,379	2,131	2,202	1,315	819.12	1,966
Accrued Expenses	629.22	2,460	2,642	2,170	3,099	3,028
Short-Term Debt	20,056	14,434	16,419	18,745	20,013	26,414
Current Portion of Long-Term Debt	20,352	26,297	16,616	14,174	15,945	18,990
Current Portion of Leases	-	86.66	87.21	106.66	39.09	47.23
Current Income Taxes Payable	215.77	85.77	151.38	189.44	359.19	562.07
Current Unearned Revenue	62.65	370.65	446.05	481.25	814.96	1,336
Other Current Liabilities	2,903	794.4	807.98	1,030	986.17	1,537
Total Current Liabilities	47,597	46,660	39,371	38,211	42,076	53,881
Long-Term Debt	55,866	52,955	55,542	57,629	56,520	45,349
Long-Term Leases	62.43	76.18	155.94	169.33	36.37	66.47
Long-Term Unearned Revenue	100.7	104.09	87.63	83.38	63.71	22.11
Pension & Post-Retirement Benefits	-	14.1	14.36	15.73	16.13	17.84
Long-Term Deferred Tax Liabilities	72.52	73.8	65.2	17.52	6	39.18
Other Long-Term Liabilities	550.77	480.33	524.79	521.11	536.52	551.78
Total Liabilities	104,249	100,363	95,761	96,647	99,254	99,927
Common Stock	13,198	13,198	13,576	13,576	13,586	13,586
Additional Paid-In Capital	2,244	2,244	2,456	2,465	2,705	2,835
Retained Earnings	17,279	16,866	15,798	15,251	15,008	14,134
Treasury Stock	-65.06	-60.98	-296.46	-84.21	-173.15	-233.43
Comprehensive Income & Other	-1,532	-1,458	-1,238	-1,924	-2,234	2,366
Total Common Equity	31,124	30,789	30,296	29,284	28,893	32,689
Minority Interest	443.33	438.61	309.91	-	-	-
Shareholders' Equity	31,567	31,228	30,606	29,284	28,893	32,689
Total Liabilities & Equity	135,816	131,591	126,367	125,931	128,147	132,616
Total Debt	96,336	93,849	88,820	90,824	92,553	90,867
Net Cash (Debt)	-82,287	-83,569	-80,084	-77,136	-76,353	-71,774
Net Cash Per Share	-6.23	-6.30	-5.92	-5.70	-5.65	-5.86
Filing Date Shares Outstanding	13,158	13,162	13,427	13,547	13,527	13,507
Total Common Shares Outstanding	13,158	13,162	13,427	13,547	13,527	13,507
Working Capital	-22,034	-26,157	-21,243	-15,590	-17,186	-20,313
Book Value Per Share	2.37	2.34	2.26	2.16	2.14	2.05
Tangible Book Value	30,474	30,133	29,639	28,645	28,268	32,096
Tangible Book Value Per Share	2.32	2.29	2.21	2.11	2.09	2.01
Buildings	-	1,551	1,541	1,477	1,350	1,095
Machinery	-	13,148	13,062	12,650	11,554	9,175
Construction In Progress	-	6,658	2,437	228.57	400.15	347.5

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