HKG:3788 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	405.57	358.13	270.26	134.41	279.49
Short-Term Investments	437.62	2.81	2.81	3.23	3.09
Trading Asset Securities	-	-	-	1	1
Cash & Short-Term Investments	843.19	360.94	273.07	138.64	283.58
Cash Growth	133.61%	32.18%	96.96%	-51.11%	51.81%
Accounts Receivable	331.43	444.18	481.57	202.41	475.13
Other Receivables	279.13	28.68	28.31	18.9	25.76
Receivables	610.56	472.86	546.48	258.11	555.89
Inventory	237.17	282.35	257.07	395.03	226.36
Prepaid Expenses	-	4.63	3.43	3.57	1
Other Current Assets	449.84	809.11	584.55	783.33	933.75
Total Current Assets	2,141	1,930	1,665	1,579	2,001
Property, Plant & Equipment	851.76	848.64	928.5	1,023	1,101
Long-Term Investments	9.85	8.24	28.1	44.21	28.49
Goodwill	209.13	209.13	209.13	209.13	209.13
Other Intangible Assets	684.39	279.66	564.57	415.77	391.22
Long-Term Deferred Tax Assets	82.66	212.95	97.74	35.62	15.08
Other Long-Term Assets	61.12	103.44	121.92	56.63	65.53
Total Assets	4,040	3,592	3,615	3,363	3,811
Accounts Payable	728.59	789.97	938.4	936.03	1,065
Accrued Expenses	-	64.87	89.71	81.04	77.88
Short-Term Debt	8.61	6.95	2.74	63.44	10.62
Current Portion of Long-Term Debt	989.31	895.86	728.62	541.4	514.16
Current Portion of Leases	3.72	2.2	3.3	4.62	4.2
Current Income Taxes Payable	105.29	107.05	142.91	76.78	100.92
Current Unearned Revenue	41.18	74.18	76.88	112.24	47.23
Other Current Liabilities	-	127.63	71.96	140.89	215.66
Total Current Liabilities	1,877	2,069	2,055	1,956	2,036
Long-Term Debt	122.5	-	55	57	122.5
Long-Term Leases	6.99	-	2.1	5.15	5.1
Long-Term Deferred Tax Liabilities	-	52.56	-	-	-
Other Long-Term Liabilities	93.54	29.1	52.37	62.88	79.35
Total Liabilities	2,100	2,150	2,164	2,081	2,243
Common Stock	167.06	160.2	160.2	160.2	160.2
Additional Paid-In Capital	-	342.16	342.16	342.16	342.16
Retained Earnings	-	2,641	2,530	2,414	2,700
Comprehensive Income & Other	1,673	-1,709	-1,629	-1,642	-1,642
Total Common Equity	1,840	1,435	1,404	1,274	1,560
Minority Interest	99.87	6.81	46.64	6.98	8.48
Shareholders' Equity	1,940	1,442	1,451	1,281	1,568
Total Liabilities & Equity	4,040	3,592	3,615	3,363	3,811
Total Debt	1,131	905	791.76	671.61	656.59
Net Cash (Debt)	-287.94	-544.06	-518.7	-532.97	-373.01
Net Cash Per Share	-0.15	-0.28	-0.27	-0.28	-0.19
Filing Date Shares Outstanding	1,948	1,920	1,920	1,929	1,936
Total Common Shares Outstanding	1,948	1,920	1,920	1,929	1,936
Working Capital	264.06	-138.8	-389.93	-377.76	-35.11
Book Value Per Share	0.94	0.75	0.73	0.66	0.81
Tangible Book Value	946.56	946	630.22	649.46	959.45
Tangible Book Value Per Share	0.49	0.49	0.33	0.34	0.50
Buildings	-	925.89	874.55	848.31	826.74
Machinery	-	1,030	1,034	1,024	1,009
Construction In Progress	-	24.31	98.88	86.14	63.3

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