HKG:3788 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	482.44	405.57	358.13	270.26	134.41	279.49
Short-Term Investments	1,015	440.74	2.81	2.81	3.23	3.09
Trading Asset Securities	-	-	-	-	1	1
Cash & Short-Term Investments	1,497	846.3	360.94	273.07	138.64	283.58
Cash Growth	230.33%	134.47%	32.18%	96.96%	-51.11%	51.81%
Accounts Receivable	363.24	523.24	444.18	481.57	202.41	475.13
Other Receivables	30.88	23.68	28.68	28.31	18.9	25.76
Receivables	394.12	546.92	472.86	546.48	258.11	555.89
Inventory	242.59	277.65	282.35	257.07	395.03	226.36
Prepaid Expenses	6	6.79	4.63	3.43	3.57	1
Other Current Assets	521.8	463.09	809.11	584.55	783.33	933.75
Total Current Assets	2,662	2,141	1,930	1,665	1,579	2,001
Property, Plant & Equipment	924.31	851.76	848.64	928.5	1,023	1,101
Long-Term Investments	9.84	9.85	8.24	28.1	44.21	28.49
Goodwill	200.58	209.13	209.13	209.13	209.13	209.13
Other Intangible Assets	704.2	684.39	279.66	564.57	415.77	391.22
Long-Term Deferred Tax Assets	84.67	82.66	212.95	97.74	35.62	15.08
Other Long-Term Assets	97.62	61.12	103.44	121.92	56.63	65.53
Total Assets	4,683	4,040	3,592	3,615	3,363	3,811

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	752.62	573.2	789.97	938.4	936.03	1,065
Accrued Expenses	73.5	95.78	64.87	89.71	81.04	77.88
Short-Term Debt	31.94	8.61	6.95	2.74	63.44	10.62
Current Portion of Long-Term Debt	506.13	989.31	895.86	728.62	541.4	514.16
Current Portion of Leases	3.26	3.72	2.2	3.3	4.62	4.2
Current Income Taxes Payable	105.25	105.29	107.05	142.91	76.78	100.92
Current Unearned Revenue	32.52	41.18	74.18	76.88	112.24	47.23
Other Current Liabilities	109.54	59.61	127.63	71.96	140.89	215.66
Total Current Liabilities	1,615	1,877	2,069	2,055	1,956	2,036
Long-Term Debt	366.22	122.5	-	55	57	122.5
Long-Term Leases	4.76	6.99	-	2.1	5.15	5.1
Long-Term Deferred Tax Liabilities	-	-	52.56	-	-	-
Other Long-Term Liabilities	101.89	93.54	29.1	52.37	62.88	79.35
Total Liabilities	2,088	2,100	2,150	2,164	2,081	2,243

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	203.21	167.06	160.2	160.2	160.2	160.2
Additional Paid-In Capital	-	546.99	342.16	342.16	342.16	342.16
Retained Earnings	-	2,778	2,641	2,530	2,414	2,700
Comprehensive Income & Other	2,397	-1,652	-1,709	-1,629	-1,642	-1,642
Total Common Equity	2,600	1,840	1,435	1,404	1,274	1,560
Minority Interest	-4.56	99.87	6.81	46.64	6.98	8.48
Shareholders' Equity	2,595	1,940	1,442	1,451	1,281	1,568
Total Liabilities & Equity	4,683	4,040	3,592	3,615	3,363	3,811

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	912.3	1,131	905	791.76	671.61	656.59
Net Cash (Debt)	585.01	-284.82	-544.06	-518.7	-532.97	-373.01
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	0.28	-0.15	-0.28	-0.27	-0.28	-0.19
Filing Date Shares Outstanding	2,168	1,995	1,920	1,920	1,929	1,936
Total Common Shares Outstanding	2,168	1,995	1,920	1,920	1,929	1,936
Working Capital	1,047	264.06	-138.8	-389.93	-377.76	-35.11
Book Value Per Share	1.20	0.92	0.75	0.73	0.66	0.81
Tangible Book Value	1,695	946.56	946	630.22	649.46	959.45
Tangible Book Value Per Share	0.78	0.47	0.49	0.33	0.34	0.50
Buildings	-	920.12	925.89	874.55	848.31	826.74
Machinery	-	1,088	1,030	1,034	1,024	1,009
Construction In Progress	-	63.62	24.31	98.88	86.14	63.3