HKG:9663 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	81.84	309.6	604.72	718.18	711.82
Short-Term Investments	-	16.07	20.16	12.58	2.38
Trading Asset Securities	1,118	1,022	796.95	-	-
Cash & Short-Term Investments	1,200	1,347	1,422	730.76	714.2
Cash Growth	-10.94%	-5.25%	94.57%	2.32%	52.26%
Accounts Receivable	1,536	1,688	1,543	1,147	655.28
Other Receivables	64.04	11.72	6.18	0.84	-3.51
Receivables	1,600	1,700	1,549	1,148	651.77
Inventory	138.48	235.38	281.75	379.69	421.28
Prepaid Expenses	-	9.36	8.04	7.86	5.44
Restricted Cash	26.47	81.59	203.3	-	0.82
Other Current Assets	-	46.21	42.87	105.12	34.28
Total Current Assets	2,965	3,419	3,507	2,371	1,828
Property, Plant & Equipment	838.36	880.3	910.91	678.92	317.28
Long-Term Investments	135.79	142.31	255.16	97.26	35.49
Other Intangible Assets	21.29	23.86	27.32	24.87	29.7
Long-Term Accounts Receivable	65.07	102.91	52.09	57.29	18.19
Long-Term Deferred Tax Assets	55.44	55.93	47.14	16.39	0.64
Other Long-Term Assets	22.82	39.47	63.93	173.83	158.75
Total Assets	4,104	4,664	4,864	3,420	2,388
Accounts Payable	763.87	791.89	773.7	510.73	101.83
Accrued Expenses	-	38.78	84.55	92.46	22.03
Short-Term Debt	-	298.27	236.34	128	8
Current Portion of Long-Term Debt	335.69	23.9	29.29	69.4	234.6
Current Portion of Leases	37.66	39.66	28.49	27.71	17.58
Current Income Taxes Payable	-	-	0.77	8.49	5.55
Current Unearned Revenue	16.46	28.48	6.82	9	8.08
Other Current Liabilities	230.46	138.51	136.94	136.99	93.37
Total Current Liabilities	1,384	1,359	1,297	982.77	491.03
Long-Term Debt	116.11	197.33	38.5	82.9	291.2
Long-Term Leases	18.01	30.3	37.85	16.59	27.05
Long-Term Unearned Revenue	70.15	77.58	86.6	23.65	25.92
Other Long-Term Liabilities	3.83	11.01	12.83	15.02	33.81
Total Liabilities	1,592	1,676	1,473	1,121	869.01
Common Stock	518.04	518.04	518.04	438.52	-
Additional Paid-In Capital	3,658	3,658	3,658	2,301	382.51
Retained Earnings	-1,747	-1,263	-848.44	-443.99	-956.82
Treasury Stock	-34.73	-1.17	-	-54	-54
Comprehensive Income & Other	57.37	59.45	46.43	62.25	2,145
Total Common Equity	2,452	2,971	3,374	2,304	1,517
Minority Interest	59.71	17.07	17	-4.68	2.13
Shareholders' Equity	2,512	2,988	3,391	2,299	1,519
Total Liabilities & Equity	4,104	4,664	4,864	3,420	2,388
Total Debt	507.46	589.47	370.46	324.6	578.43
Net Cash (Debt)	692.35	757.74	1,051	406.16	135.77
Net Cash Growth	-8.63%	-27.93%	158.85%	199.16%	-
Net Cash Per Share	1.34	1.46	2.46	1.06	0.43
Filing Date Shares Outstanding	515.61	517.93	518.04	438.52	315.98
Total Common Shares Outstanding	515.61	517.93	518.04	438.52	315.98
Working Capital	1,581	2,060	2,210	1,389	1,337
Book Value Per Share	4.76	5.74	6.51	5.25	4.80
Tangible Book Value	2,431	2,948	3,347	2,279	1,487
Tangible Book Value Per Share	4.71	5.69	6.46	5.20	4.71
Buildings	-	485.73	424.18	138.35	75.78
Machinery	-	315.23	266.33	169.72	147.42
Construction In Progress	-	126.12	168.22	274.44	95.81

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