HKG:3677 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	4,822	4,183	2,199	2,034	936.16	767.41
Short-Term Investments	-	105.92	102.35	0.81	6.06	5.55
Trading Asset Securities	105.08	108.98	-	-	1,163	-
Cash & Short-Term Investments	4,927	4,397	2,301	2,035	2,105	772.96
Cash Growth	85.81%	91.08%	13.09%	-3.31%	172.30%	-
Accounts Receivable	3,127	2,045	1,721	1,154	328.44	321.55
Other Receivables	-	234.26	51.85	68.36	167.55	116.64
Receivables	3,127	2,279	1,773	1,222	495.99	438.19
Inventory	2,401	1,227	678.71	613.76	1,013	709.54
Prepaid Expenses	-	4.88	4.51	3.42	6.02	3.43
Restricted Cash	1,049	973.49	957.8	472.31	1,035	1,020
Other Current Assets	628.1	22.81	16.64	8.56	16.07	24.55
Total Current Assets	12,132	8,905	5,732	4,355	4,671	2,969
Property, Plant & Equipment	10,765	8,111	5,931	5,876	5,011	1,855
Long-Term Investments	3,291	3,511	3,467	3,351	64.54	-
Goodwill	1.28	1.28	1.28	1.28	1.28	-
Other Intangible Assets	314.55	354.17	423.08	491.49	549.06	592.25
Long-Term Deferred Tax Assets	200.61	186.62	-	-	-	-
Other Long-Term Assets	76.75	87.58	39.81	55.36	154.28	398.66
Total Assets	26,781	21,156	15,594	14,131	10,451	5,815

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	7,542	5,014	3,743	3,416	3,012	1,813
Accrued Expenses	246.02	228.22	118.78	155.66	121.62	58.27
Short-Term Debt	-	900.71	742.45	690.69	576.5	1,160
Current Portion of Long-Term Debt	2,363	957.76	503.37	3.45	2.63	-
Current Portion of Leases	30.18	31.22	30.4	27.02	34.05	36.67
Current Income Taxes Payable	-	-	0.27	-	23.51	-
Current Unearned Revenue	34.61	38.68	14.76	44.66	145.39	40.86
Other Current Liabilities	2,440	1,508	1,344	1,813	1,372	289.16
Total Current Liabilities	12,656	8,679	6,497	6,150	5,288	3,398
Long-Term Debt	5,031	3,835	2,769	2,841	2,310	-
Long-Term Leases	113.35	114.05	146.03	175.77	207.54	311.88
Long-Term Unearned Revenue	11.2	24.64	-	-	-	-
Long-Term Deferred Tax Liabilities	39.51	45.19	57.99	70.3	84.81	90.71
Other Long-Term Liabilities	457.07	366.02	227.74	145.98	87.82	33.93
Total Liabilities	18,307	13,064	9,697	9,384	7,978	3,834

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	2,554	2,554	2,387	2,256	1,882	1,552
Additional Paid-In Capital	-	-	-	5,321	2,875	789.16
Retained Earnings	-	-1,764	-2,572	-4,719	-4,129	-2,409
Comprehensive Income & Other	5,919	7,301	6,083	1,889	1,845	2,048
Shareholders' Equity	8,474	8,092	5,897	4,747	2,473	1,981
Total Liabilities & Equity	26,781	21,156	15,594	14,131	10,451	5,815

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	7,537	5,839	4,191	3,738	3,131	1,508
Net Cash (Debt)	-2,610	-1,442	-1,889	-1,703	-1,026	-735.26
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.03	-0.58	-0.82	-0.89	-0.60	-0.47
Filing Date Shares Outstanding	2,554	2,554	2,387	2,256	1,702	1,552
Total Common Shares Outstanding	2,554	2,554	2,387	2,256	1,702	1,552
Working Capital	-523.81	226.02	-764.37	-1,795	-616.69	-428.9
Book Value Per Share	3.32	3.17	2.47	2.10	1.45	1.28
Tangible Book Value	8,158	7,736	5,473	4,254	1,922	1,388
Tangible Book Value Per Share	3.19	3.03	2.29	1.89	1.13	0.89
Buildings	-	2,173	1,738	1,687	465.92	276.86
Machinery	-	5,271	4,442	3,117	2,013	875.45
Construction In Progress	-	1,769	327.13	1,205	2,432	354.79
Leasehold Improvements	-	484.08	480.21	441.82	453.04	188.46