HKG:3689 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	232.76	242.6	305.17	264.34	240.34
Short-Term Investments	59.42	65.8	63.35	-	-
Trading Asset Securities	450	370	350	490	530
Cash & Short-Term Investments	742.18	678.4	718.52	754.34	770.34
Cash Growth	9.40%	-5.58%	-4.75%	-2.08%	31.76%
Accounts Receivable	233.63	265.6	256.73	229.62	226.47
Other Receivables	40.58	35.68	36.96	32.25	28.4
Receivables	274.21	301.28	293.69	261.87	254.87
Inventory	70.08	66.44	71.98	86.75	83.94
Restricted Cash	0.84	3.09	2.73	2.28	2.59
Other Current Assets	9.08	61.27	8.59	19.32	13.34
Total Current Assets	1,096	1,110	1,096	1,125	1,125
Property, Plant & Equipment	1,173	1,424	1,412	1,406	1,385
Long-Term Investments	32.6	24	33.4	82.45	73.33
Goodwill	143.33	143.33	29.1	29.1	29.1
Long-Term Deferred Tax Assets	9.52	10.39	-	-	-
Other Long-Term Assets	224.2	29.51	54.6	77.49	91.6
Total Assets	2,679	2,742	2,625	2,719	2,705
Accounts Payable	386.97	357.88	317.26	348.81	321.65
Accrued Expenses	87.99	94.75	99.72	109.89	101.8
Short-Term Debt	-	-	-	26.86	49.94
Current Portion of Long-Term Debt	4	4	31.09	28.82	28.73
Current Portion of Leases	7.2	61.26	47.21	41.61	36.49
Current Income Taxes Payable	24.54	26.39	28.08	19.88	29.08
Current Unearned Revenue	64.98	68.64	50.38	42.96	-
Other Current Liabilities	237.39	260.66	192.97	216.15	209.97
Total Current Liabilities	813.07	873.58	766.7	834.99	777.65
Long-Term Debt	286.41	225.07	287.74	252.11	282.12
Long-Term Leases	28.46	30.33	60.55	107.38	147.2
Long-Term Deferred Tax Liabilities	24.64	15.96	12.48	10.34	23.21
Other Long-Term Liabilities	-	134.25	-	-	-
Total Liabilities	1,153	1,279	1,127	1,205	1,230
Common Stock	334.39	334.39	334.39	334.39	334.39
Additional Paid-In Capital	-	698.21	698.21	698.21	698.21
Retained Earnings	-	547.93	532.59	411.53	339.36
Comprehensive Income & Other	1,175	-141.01	-141.01	54.87	54.87
Total Common Equity	1,509	1,440	1,424	1,499	1,427
Minority Interest	17.09	22.83	73.34	15.52	47.59
Shareholders' Equity	1,526	1,462	1,498	1,515	1,474
Total Liabilities & Equity	2,679	2,742	2,625	2,719	2,705
Total Debt	326.07	320.66	426.58	456.78	544.48
Net Cash (Debt)	416.11	357.75	291.94	297.56	225.87
Net Cash Growth	16.31%	22.54%	-1.89%	31.74%	125.88%
Net Cash Per Share	1.24	1.07	0.87	0.89	0.68
Filing Date Shares Outstanding	334.39	334.39	334.39	334.39	334.39
Total Common Shares Outstanding	334.39	334.39	334.39	334.39	334.39
Working Capital	283.3	236.9	328.81	289.56	347.43
Book Value Per Share	4.51	4.30	4.26	4.48	4.27
Tangible Book Value	1,366	1,296	1,395	1,470	1,398
Tangible Book Value Per Share	4.08	3.88	4.17	4.40	4.18
Buildings	-	341.27	205.1	205.1	205.1
Machinery	-	783.65	837.44	829.5	807.28
Construction In Progress	-	348.25	442.5	332.83	238.36
Leasehold Improvements	-	538.84	513.04	503.73	471.56

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.