HKG:2877 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	7,189	6,140	5,889	5,026	4,206
Short-Term Investments	5.77	4.48	4.02	3.69	4.32
Trading Asset Securities	376.64	350.02	20	20.23	-
Cash & Short-Term Investments	7,571	6,495	5,913	5,050	4,210
Cash Growth	16.58%	9.84%	17.08%	19.96%	6.63%
Accounts Receivable	1,000	1,202	1,260	975.06	825.18
Other Receivables	24.8	66.81	63.92	67.48	40.87
Receivables	1,025	1,269	1,324	1,043	866.05
Inventory	691.3	813.19	897.71	657.66	587.96
Other Current Assets	16.59	22	19.94	32.01	35.06
Total Current Assets	9,304	8,599	8,155	6,782	5,699
Property, Plant & Equipment	1,249	1,219	1,205	1,217	1,252
Goodwill	165.96	165.96	165.96	165.96	165.96
Other Intangible Assets	15.72	23.32	32.79	47.35	66.43
Long-Term Deferred Tax Assets	42.7	34.33	15.23	19.22	20.47
Total Assets	10,777	10,042	9,574	8,232	7,204
Accounts Payable	340.03	402.96	484.79	308.75	228.62
Accrued Expenses	1,190	1,199	1,121	856.76	483.21
Short-Term Debt	325.05	330	300	-	-
Current Portion of Leases	9.06	8.27	0.97	6.53	7.59
Current Income Taxes Payable	60.22	84.27	105.91	107.79	65.1
Current Unearned Revenue	221.86	101.75	127.4	165.22	117.05
Other Current Liabilities	364.28	323.67	294.13	220.54	196.81
Total Current Liabilities	2,510	2,450	2,434	1,666	1,098
Long-Term Leases	0.79	8.26	0.36	0.91	7.32
Long-Term Unearned Revenue	106.24	81.85	88.89	163.99	171.59
Long-Term Deferred Tax Liabilities	98.02	34.52	16.26	18.84	25.19
Total Liabilities	2,715	2,575	2,539	1,849	1,302
Common Stock	87.66	87.66	87.66	87.66	87.66
Additional Paid-In Capital	422.14	422.14	422.14	422.14	422.14
Retained Earnings	8,047	7,452	7,020	6,368	5,879
Comprehensive Income & Other	-494.89	-494.89	-494.89	-494.89	-487.32
Shareholders' Equity	8,062	7,467	7,035	6,383	5,901
Total Liabilities & Equity	10,777	10,042	9,574	8,232	7,204
Total Debt	334.9	346.53	301.33	7.44	14.91
Net Cash (Debt)	7,237	6,148	5,611	5,043	4,195
Net Cash Growth	17.70%	9.56%	11.28%	20.21%	17.97%
Net Cash Per Share	9.58	8.14	7.43	6.68	5.56
Filing Date Shares Outstanding	755.4	755.4	755.4	755.4	755.4
Total Common Shares Outstanding	755.4	755.4	755.4	755.4	755.4
Working Capital	6,794	6,149	5,721	5,117	4,601
Book Value Per Share	10.67	9.88	9.31	8.45	7.81
Tangible Book Value	7,880	7,278	6,836	6,169	5,669
Tangible Book Value Per Share	10.43	9.63	9.05	8.17	7.50
Machinery	2,741	2,798	1,489	1,438	1,392
Construction In Progress	335.57	195.51	117.68	193.06	130.17

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