HKG:3898 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	5,015	6,714	10,652	7,907	7,500	8,219
Short-Term Investments	2,981	1,163	3,651	1,151	388.76	50
Trading Asset Securities	1,501	1,000	3,534	4,776	6,701	7,580
Cash & Short-Term Investments	9,497	8,877	17,837	13,834	14,590	15,849
Cash Growth	-12.56%	-50.23%	28.93%	-5.18%	-7.95%	78.86%
Accounts Receivable	20,688	22,318	19,654	17,037	14,855	12,525
Other Receivables	1,036	1,067	1,110	598.77	189	929.74
Receivables	21,724	23,385	20,764	17,636	15,044	13,455
Inventory	9,791	8,706	7,064	5,536	5,822	4,921
Prepaid Expenses	12.04	3.66	187.23	10.27	53.85	-
Other Current Assets	894.04	869.11	581.86	749.55	933.92	417.46
Total Current Assets	41,918	41,840	46,433	37,766	36,443	34,643
Property, Plant & Equipment	15,290	15,275	11,187	6,848	5,463	5,016
Long-Term Investments	8,785	10,277	2,807	4,311	3,922	724.13
Goodwill	229.7	238.31	230.97	231.44	185.85	191.12
Other Intangible Assets	1,393	1,417	1,391	1,401	674.91	713.24
Long-Term Accounts Receivable	1,206	1,122	905.38	816.96	439.29	443.13
Long-Term Deferred Tax Assets	1,072	952.98	932.38	854.77	559.54	605.75
Long-Term Deferred Charges	320.7	294.82	272.36	304.15	462.25	407.27
Other Long-Term Assets	680.14	667.47	642.24	1,245	359.78	1,408
Total Assets	70,894	72,084	64,802	53,779	48,510	44,151

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	16,672	19,078	14,579	10,763	8,705	6,318
Accrued Expenses	723.32	365.27	344.72	306.83	380.34	644.82
Short-Term Debt	114.93	40.97	39.01	414.92	473.38	398.19
Current Portion of Long-Term Debt	5.6	7.92	9.08	88.69	5.03	5.03
Current Portion of Leases	135.11	134.4	90.71	78.51	58.33	41.96
Current Income Taxes Payable	246.81	61.34	77.55	79.9	55.71	18.82
Current Unearned Revenue	1,605	1,697	1,334	744.7	639.89	828.71
Other Current Liabilities	3,787	3,165	2,256	1,193	1,384	895.65
Total Current Liabilities	23,289	24,550	18,730	13,670	11,702	9,151
Long-Term Debt	43.19	48.69	62	631.94	72.69	77.69
Long-Term Leases	271.19	298.73	187.97	197.06	135.38	78.25
Long-Term Unearned Revenue	527.47	562.19	420.04	777.84	857.08	976.07
Long-Term Deferred Tax Liabilities	15.83	17.51	25.01	38	16.92	32.2
Other Long-Term Liabilities	846.63	682	615.28	615.34	429.85	542.65
Total Liabilities	24,994	26,159	20,040	15,930	13,214	10,858

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	1,348	1,358	1,407	1,416	1,416	1,416
Additional Paid-In Capital	11,091	11,401	12,731	10,717	10,516	10,519
Retained Earnings	30,583	29,775	27,634	25,033	22,781	20,863
Treasury Stock	-576.51	-	-124.24	-	-	-
Comprehensive Income & Other	-38.81	-47.79	-119.77	-167.68	-182.96	-177.3
Total Common Equity	42,406	42,487	41,528	36,998	34,531	32,621
Minority Interest	3,495	3,438	3,235	850.57	765.03	671.65
Shareholders' Equity	45,901	45,925	44,762	37,849	35,296	33,293
Total Liabilities & Equity	70,894	72,084	64,802	53,779	48,510	44,151

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	570.02	530.71	388.77	1,411	744.8	601.12
Net Cash (Debt)	8,927	8,346	17,448	12,423	13,845	15,248
Net Cash Growth	-14.60%	-52.17%	40.45%	-10.27%	-9.20%	84.23%
Net Cash Per Share	6.55	6.09	12.36	8.77	9.78	12.32
Filing Date Shares Outstanding	1,331	1,358	1,402	1,416	1,416	1,416
Total Common Shares Outstanding	1,331	1,358	1,402	1,416	1,416	1,416
Working Capital	18,628	17,290	27,704	24,096	24,741	25,492
Book Value Per Share	31.87	31.29	29.61	26.12	24.38	23.03
Tangible Book Value	40,783	40,831	39,906	35,366	33,670	31,717
Tangible Book Value Per Share	30.65	30.07	28.46	24.97	23.77	22.40
Buildings	4,550	4,189	3,747	2,087	-	1,936
Machinery	14,598	13,231	9,752	7,318	8,240	4,917
Construction In Progress	2,410	3,463	2,313	1,270	453.6	921.28