HKG:3399 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	1,145	1,443	1,103	958.58	1,286
Trading Asset Securities	-	-	-	6.7	-
Cash & Short-Term Investments	1,145	1,443	1,103	965.28	1,286
Cash Growth	-20.63%	30.87%	14.24%	-24.94%	2.29%
Accounts Receivable	252.58	259.22	344.11	367.09	378.59
Other Receivables	310.21	519.95	591.53	479.84	372.72
Receivables	562.79	779.17	935.63	846.93	751.31
Inventory	126.83	122.64	116.39	104.75	105.22
Prepaid Expenses	198.74	205.96	189.28	210.58	170.81
Other Current Assets	22.8	115.7	109.89	128.27	180.27
Total Current Assets	2,057	2,667	2,454	2,256	2,494
Property, Plant & Equipment	3,510	4,301	4,211	4,950	5,683
Long-Term Investments	406.66	425.79	396.11	334.74	331.36
Goodwill	6.56	11.1	26.74	26.93	79.16
Other Intangible Assets	394.62	650.35	727.82	913.87	990.5
Long-Term Deferred Tax Assets	176.29	152.78	132.94	123.92	264.8
Long-Term Deferred Charges	212.37	206.01	254.38	282.07	296.3
Other Long-Term Assets	154	310.33	400.85	328.33	415.96
Total Assets	6,917	8,724	8,603	9,216	10,554
Accounts Payable	142.28	162.17	145.79	191.76	159.42
Accrued Expenses	530.73	511.21	491.54	495.3	480.78
Short-Term Debt	31.95	368.55	445.87	769.54	790.9
Current Portion of Long-Term Debt	62.18	152.85	112.73	696.13	658.04
Current Portion of Leases	158.47	339.22	287.51	313.68	341.43
Current Income Taxes Payable	-	52.01	58.74	29.3	35.47
Current Unearned Revenue	306.47	411.01	327.45	329.29	367.45
Other Current Liabilities	527.34	728.46	690.77	741.73	801.26
Total Current Liabilities	1,759	2,725	2,560	3,567	3,635
Long-Term Debt	30.5	370.15	872.01	489.19	1,136
Long-Term Leases	2,145	2,500	1,943	1,990	2,187
Long-Term Unearned Revenue	193.61	341.73	368.23	452.02	520.67
Pension & Post-Retirement Benefits	96.78	139.84	157.2	173.18	183.37
Long-Term Deferred Tax Liabilities	4.33	36.82	55.14	62.56	70.42
Other Long-Term Liabilities	1	3.95	30.81	-	68.3
Total Liabilities	4,231	6,118	5,986	6,734	7,801
Common Stock	799.85	799.85	799.85	799.85	799.85
Additional Paid-In Capital	-	3.11	3.19	-	12.13
Retained Earnings	1,425	1,262	1,090	887.67	1,045
Comprehensive Income & Other	54.19	21.11	21.84	10.53	3.12
Total Common Equity	2,279	2,086	1,914	1,698	1,860
Minority Interest	407.82	519.72	702.47	783.71	893.28
Shareholders' Equity	2,687	2,606	2,617	2,482	2,753
Total Liabilities & Equity	6,917	8,724	8,603	9,216	10,554
Total Debt	2,428	3,731	3,661	4,259	5,114
Net Cash (Debt)	-1,283	-2,288	-2,558	-3,293	-3,828
Net Cash Per Share	-1.60	-2.86	-3.20	-4.12	-4.79
Filing Date Shares Outstanding	799.85	799.85	799.85	799.85	799.85
Total Common Shares Outstanding	799.85	799.85	799.85	799.85	799.85
Working Capital	297.1	-58.88	-106.49	-1,311	-1,141
Book Value Per Share	2.85	2.61	2.39	2.12	2.33
Tangible Book Value	1,878	1,425	1,160	757.25	790.28
Tangible Book Value Per Share	2.35	1.78	1.45	0.95	0.99
Buildings	1,744	2,003	2,110	2,316	2,409
Machinery	2,066	3,202	3,961	4,020	4,336
Construction In Progress	28.28	31.94	20.06	39.63	68.17

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