HKG:6885 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	235.88	249.55	509.56	917.87	913.99	576.95
Short-Term Investments	201.93	215.15	215.84	-	-	-
Trading Asset Securities	-	-	-	-	-	18
Cash & Short-Term Investments	437.81	464.7	725.4	917.87	913.99	594.95
Cash Growth	-32.37%	-35.94%	-20.97%	0.42%	53.63%	-57.95%
Accounts Receivable	314.66	394.81	521.98	1,338	1,353	954.06
Other Receivables	2.59	4.33	8.3	16.99	21.32	1.54
Receivables	317.25	399.14	540.28	1,365	1,375	955.6
Inventory	381.12	280.81	525.94	818.96	603.72	467.69
Prepaid Expenses	17.75	38.77	78.48	88.97	303.2	333.07
Restricted Cash	103.26	136.78	666.36	472.69	587.74	703.12
Other Current Assets	157.1	132.2	98.27	222.14	323.64	284.84
Total Current Assets	1,414	1,452	2,635	3,886	4,107	3,339
Property, Plant & Equipment	4,144	6,990	7,826	7,905	6,325	4,688
Long-Term Investments	126.41	161.66	164.81	165.87	183.05	59.5
Goodwill	10.67	10.67	10.67	10.67	10.67	10.67
Other Intangible Assets	116.92	345.09	403.24	424.12	449.46	185.19
Long-Term Deferred Tax Assets	54.72	111.73	173.99	140.74	85.12	59.34
Other Long-Term Assets	22.94	-	1.91	3.32	70.85	183.81
Total Assets	6,591	9,072	11,216	12,535	11,231	8,525

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	707.28	742.06	1,189	1,619	1,790	1,274
Accrued Expenses	54.93	93.86	106.48	58.77	95.82	72.07
Short-Term Debt	-	152.31	90	50	80	-
Current Portion of Long-Term Debt	1,823	2,170	2,578	2,388	1,308	972.43
Current Portion of Leases	158.27	153.14	158.55	97.6	1.86	1.88
Current Income Taxes Payable	7.98	7.7	8.42	12.72	19	32.74
Current Unearned Revenue	130.02	100.22	53.69	117.23	283.14	101.4
Other Current Liabilities	590.67	1,408	1,466	1,444	956.15	872.13
Total Current Liabilities	3,472	4,828	5,650	5,788	4,533	3,326
Long-Term Debt	297.85	415.8	696.25	1,521	1,851	828.43
Long-Term Leases	143.74	129.14	223.54	97.64	2.69	3.13
Long-Term Unearned Revenue	58.42	51.59	25.04	18.44	20.64	22.85
Long-Term Deferred Tax Liabilities	35.94	7.34	27.97	71.94	96.96	40.32
Other Long-Term Liabilities	83.32	58	255.47	198.17	-	-
Total Liabilities	4,091	5,489	6,878	7,695	6,505	4,221

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	535.42	535.42	535.42	535.42	535.42	535.42
Retained Earnings	321.87	1,406	1,943	2,293	2,570	2,280
Comprehensive Income & Other	645.53	650.03	639.78	631.7	408.6	409.53
Total Common Equity	1,503	2,591	3,118	3,460	3,514	3,225
Minority Interest	997.51	991.01	1,219	1,380	1,212	1,079
Shareholders' Equity	2,500	3,582	4,337	4,840	4,726	4,304
Total Liabilities & Equity	6,591	9,072	11,216	12,535	11,231	8,525

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	2,422	3,020	3,746	4,155	3,243	1,806
Net Cash (Debt)	-1,985	-2,555	-3,021	-3,237	-2,329	-1,211
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-3.71	-4.77	-5.64	-6.05	-4.35	-2.26
Filing Date Shares Outstanding	535.42	535.42	535.42	535.42	535.42	535.42
Total Common Shares Outstanding	535.42	535.42	535.42	535.42	535.42	535.42
Working Capital	-2,057	-3,375	-3,015	-1,902	-426.31	12.95
Book Value Per Share	2.81	4.84	5.82	6.46	6.56	6.02
Tangible Book Value	1,375	2,236	2,704	3,026	3,054	3,030
Tangible Book Value Per Share	2.57	4.18	5.05	5.65	5.70	5.66
Buildings	-	2,592	2,573	2,463	1,692	1,088
Machinery	-	5,351	5,239	4,704	3,638	2,671
Construction In Progress	-	1,478	1,525	1,818	1,828	1,495