HKG:3989 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	488.13	659.3	661.81	1,513	1,683
Cash & Short-Term Investments	488.13	659.3	661.81	1,513	1,683
Cash Growth	-25.96%	-0.38%	-56.25%	-10.10%	-39.19%
Accounts Receivable	6,278	5,450	4,542	3,533	2,785
Other Receivables	-	-	-	-	4.88
Receivables	6,278	5,450	4,542	3,533	2,792
Inventory	119.96	89.74	77.62	65.23	66.44
Prepaid Expenses	1,015	975.03	1,015	1,021	1,158
Other Current Assets	5.02	37.2	33.63	33.95	528.56
Total Current Assets	7,906	7,211	6,330	6,165	6,228
Property, Plant & Equipment	542.38	544.36	599.49	636.11	3,750
Long-Term Investments	54.15	56.69	41.59	49.17	458.78
Goodwill	6.06	6.06	6.06	6.06	1,942
Other Intangible Assets	4,585	4,745	4,803	3,990	4,924
Long-Term Accounts Receivable	7,868	8,062	8,346	9,116	8,697
Long-Term Deferred Tax Assets	66.2	65.19	46.44	56.83	10.8
Other Long-Term Assets	172.64	190.27	114.12	117.97	162.5
Total Assets	21,200	20,881	20,287	20,138	26,173
Accounts Payable	1,439	1,603	1,651	1,786	2,063
Accrued Expenses	-	119.17	128.62	285.21	351.62
Short-Term Debt	-	149.94	119.31	127.59	942.13
Current Portion of Long-Term Debt	982.2	2,910	1,266	2,121	3,023
Current Portion of Leases	10.84	-	21.91	33.63	75.47
Current Income Taxes Payable	69.42	60.4	71.88	126	237.99
Current Unearned Revenue	79.5	71.59	52.4	45.99	113.86
Other Current Liabilities	252.41	333.07	216.71	104.64	315.86
Total Current Liabilities	2,833	5,247	3,528	4,630	7,123
Long-Term Debt	9,916	7,607	9,108	7,874	8,767
Long-Term Leases	33.4	-	-	-	1,244
Long-Term Unearned Revenue	378.36	333.34	297.55	297.73	235.73
Long-Term Deferred Tax Liabilities	711.82	701.6	657.98	651.85	868.8
Other Long-Term Liabilities	43.33	-	-	-	217.81
Total Liabilities	13,916	13,889	13,591	13,454	18,457
Common Stock	1,275	1,275	1,275	1,275	1,188
Additional Paid-In Capital	-	462.6	462.6	462.6	1,670
Retained Earnings	-	4,201	3,967	3,812	2,493
Comprehensive Income & Other	5,667	722.85	724.89	943.54	-508.2
Total Common Equity	6,942	6,661	6,429	6,493	4,843
Minority Interest	341.67	330	266.48	190.74	1,506
Shareholders' Equity	7,284	6,991	6,696	6,684	7,717
Total Liabilities & Equity	21,200	20,881	20,287	20,138	26,173
Total Debt	10,942	10,667	10,515	10,156	14,052
Net Cash (Debt)	-10,454	-10,007	-9,854	-8,644	-12,369
Net Cash Per Share	-0.73	-0.70	-0.69	-0.60	-0.87
Filing Date Shares Outstanding	14,295	14,295	14,295	14,295	14,295
Total Common Shares Outstanding	14,295	14,295	14,295	14,295	14,295
Working Capital	5,073	1,964	2,802	1,536	-895.19
Book Value Per Share	0.49	0.47	0.45	0.45	0.34
Tangible Book Value	2,351	1,911	1,620	2,497	-2,023
Tangible Book Value Per Share	0.16	0.13	0.11	0.17	-0.14
Land	-	-	-	-	159.46
Buildings	-	358.4	346.31	346.31	399.65
Machinery	-	397.92	397.76	360.05	2,157
Construction In Progress	-	-	0.72	-	383.91
Leasehold Improvements	-	16.32	15.79	14.74	114.21

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