HKG:3908 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	48,617	48,669	51,851	0.09	85,789	66,143
Short-Term Investments	154,106	123,452	99,361	19,921	110,153	116,896
Trading Asset Securities	329,523	308,075	295,442	296,687	276,977	306,960
Accounts Receivable	-	-	-	34,009	73,178	84,902
Other Receivables	121,034	109,910	83,789	36,438	217.43	319.64
Property, Plant & Equipment	5,446	5,597	6,123	6,009	4,918	4,127
Goodwill	1,623	1,623	1,623	1,623	1,623	1,623
Other Intangible Assets	1,852	1,908	2,090	2,045	803.87	432.74
Investments in Debt & Equity Securities	140,790	131,359	92,766	65,619	76,901	51,789
Other Current Assets	47,653	33,137	28,474	156,421	1,424	928.24
Long-Term Deferred Tax Assets	2,486	2,593	2,592	2,883	2,750	1,629
Other Long-Term Assets	16,638	16,505	10,605	2,126	14,030	14,047
Total Assets	869,766	782,826	674,716	624,307	648,764	649,795
Accounts Payable	292,863	156,268	117,184	177,988	201,174	235,531
Accrued Expenses	5,684	7,683	6,756	7,428	9,793	12,091
Short-Term Debt	180,457	261,422	218,808	92,933	73,557	58,200
Current Portion of Long-Term Debt	55,682	48,335	40,056	43,774	125,057	85,531
Current Portion of Leases	-	796.3	910.68	1,084	933.22	725.69
Other Current Liabilities	37,209	39,701	28,627	41,143	46,603	43,111
Long-Term Debt	148,674	136,950	140,479	148,738	87,273	125,765
Long-Term Leases	3,594	2,928	3,455	3,344	1,490	1,277
Long-Term Unearned Revenue	631.78	474.77	506.48	558.26	146.98	146.98
Long-Term Deferred Tax Liabilities	351.25	359.93	452.02	582.69	718.77	431.66
Other Long-Term Liabilities	4,909	2,680	1,266	1,449	201.53	200
Total Liabilities	731,845	658,438	559,094	519,409	549,289	565,065
Common Stock	4,827	4,827	4,827	4,827	4,827	4,827
Additional Paid-In Capital	39,497	39,453	39,466	39,470	39,470	39,487
Retained Earnings	57,879	54,294	45,919	42,641	38,014	32,391
Comprehensive Income & Other	30,265	23,484	25,136	17,665	16,877	7,717
Total Common Equity	132,468	122,058	115,348	104,603	99,188	84,422
Minority Interest	5,453	2,331	274.06	294.1	286.59	308.72
Shareholders' Equity	137,921	124,388	115,622	104,897	99,475	84,731
Total Liabilities & Equity	869,766	782,826	674,716	624,307	648,764	649,795
Total Debt	388,408	450,432	403,709	289,872	288,310	271,499
Net Cash (Debt)	143,838	29,765	42,945	26,736	184,609	218,500
Net Cash Growth	1.83%	-30.69%	60.63%	-85.52%	-15.51%	56.36%
Net Cash Per Share	30.20	6.17	8.90	5.54	38.24	45.26
Filing Date Shares Outstanding	4,827	4,827	4,827	4,827	4,827	4,827
Total Common Shares Outstanding	4,827	4,827	4,827	4,827	4,827	4,827
Working Capital	127,248	108,198	145,981	178,739	89,010	139,567
Book Value Per Share	21.27	20.71	19.15	18.27	17.15	15.73
Tangible Book Value	128,994	118,527	111,635	100,936	96,762	82,367
Tangible Book Value Per Share	20.55	19.98	18.38	17.51	16.65	15.30

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