HKG:8348 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	288.66	313.97	340.3	414.63	357.76
Cash & Short-Term Investments	288.66	313.97	340.3	414.63	357.76
Cash Growth	-8.06%	-7.74%	-17.93%	15.90%	-20.23%
Accounts Receivable	85.21	154.46	257.34	289.81	259.34
Other Receivables	134.73	60.89	53.11	42.61	41.93
Receivables	219.94	215.35	310.45	332.42	301.27
Inventory	0.01	3.16	31.64	0.01	0.01
Other Current Assets	62.42	361.4	142.57	437.49	350.95
Total Current Assets	571.03	893.88	824.96	1,185	1,010
Property, Plant & Equipment	598.58	607.48	610.06	627.52	654.4
Long-Term Investments	231.28	219.9	300.04	302.33	264.06
Long-Term Deferred Tax Assets	7.44	0.33	0.65	0.74	-
Other Long-Term Assets	-	71.35	85.08	121	147.74
Total Assets	1,408	1,793	1,821	2,236	2,076
Accounts Payable	131.42	341.15	318.46	493.67	553.99
Accrued Expenses	7.87	0.06	1.54	0.51	2.13
Short-Term Debt	-	-	-	285.18	251.49
Current Portion of Long-Term Debt	178.6	260.1	313.73	-	-
Current Portion of Leases	12.24	51.63	23.49	21.65	21.05
Current Income Taxes Payable	0.5	1.83	1.7	2.15	6.8
Current Unearned Revenue	17.24	54.05	39.97	264.96	106.94
Other Current Liabilities	23.5	42.02	21.32	74.58	35.86
Total Current Liabilities	371.36	750.82	720.21	1,143	978.25
Long-Term Debt	-	0.02	38.18	-	-
Long-Term Leases	18.66	0.32	11.8	33.35	52.49
Long-Term Unearned Revenue	3.56	3.77	3.98	4.19	4.4
Long-Term Deferred Tax Liabilities	70.56	55.58	55.35	55.9	57
Total Liabilities	464.13	810.5	829.51	1,236	1,092
Common Stock	354.31	354.31	354.31	354.31	354.31
Additional Paid-In Capital	55.24	55.24	55.24	55.24	55.24
Retained Earnings	490.13	547.41	548.6	529.61	499.67
Treasury Stock	-0.21	-	-	-	-
Comprehensive Income & Other	-34.66	-71.87	-70.88	-64.89	-62.38
Total Common Equity	864.82	885.1	887.28	874.27	846.84
Minority Interest	79.37	97.34	104	125.73	137.2
Shareholders' Equity	944.19	982.44	991.28	1,000	984.04
Total Liabilities & Equity	1,408	1,793	1,821	2,236	2,076
Total Debt	209.49	312.06	387.19	340.17	325.03
Net Cash (Debt)	79.17	1.9	-46.89	74.46	32.73
Net Cash Growth	4058.14%	-	-	127.50%	-
Net Cash Per Share	0.22	0.01	-0.13	0.21	0.09
Filing Date Shares Outstanding	353.79	354.31	354.31	354.31	354.31
Total Common Shares Outstanding	353.79	354.31	354.31	354.31	354.31
Working Capital	199.67	143.06	104.76	41.85	31.74
Book Value Per Share	2.44	2.50	2.50	2.47	2.39
Tangible Book Value	864.82	885.1	887.28	874.27	846.84
Tangible Book Value Per Share	2.44	2.50	2.50	2.47	2.39
Buildings	700.58	675.5	680.93	739.85	751.91
Machinery	73.16	102.78	103.53	112.04	108.92
Construction In Progress	0.21	10.65	9.51	2.91	1.89

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