HKG:9663 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	132.29	81.84	309.6	604.72	718.18	711.82
Short-Term Investments	-	9.33	16.07	20.16	12.58	2.38
Trading Asset Securities	1,098	1,118	1,022	796.95	-	-
Cash & Short-Term Investments	1,230	1,209	1,347	1,422	730.76	714.2
Cash Growth	0.99%	-10.25%	-5.25%	94.57%	2.32%	52.26%
Accounts Receivable	1,221	1,536	1,688	1,543	1,147	655.28
Other Receivables	62.55	20.88	11.72	6.18	0.84	-3.51
Receivables	1,283	1,557	1,700	1,549	1,148	651.77
Inventory	112.82	138.48	235.38	281.75	379.69	421.28
Prepaid Expenses	-	4.78	9.36	8.04	7.86	5.44
Restricted Cash	23.36	26.47	81.59	203.3	-	0.82
Other Current Assets	-	29.04	46.21	42.87	105.12	34.28
Total Current Assets	2,650	2,965	3,419	3,507	2,371	1,828
Property, Plant & Equipment	858.6	838.36	880.3	910.91	678.92	317.28
Long-Term Investments	125.38	135.79	142.31	255.16	97.26	35.49
Other Intangible Assets	23.46	21.29	23.86	27.32	24.87	29.7
Long-Term Accounts Receivable	46.67	65.07	102.91	52.09	57.29	18.19
Long-Term Deferred Tax Assets	40.31	55.44	55.93	47.14	16.39	0.64
Other Long-Term Assets	41.24	22.82	39.47	63.93	173.83	158.75
Total Assets	3,785	4,104	4,664	4,864	3,420	2,388

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	656.69	763.87	791.89	773.7	510.73	101.83
Accrued Expenses	-	93.94	38.78	84.55	92.46	22.03
Short-Term Debt	-	280.57	298.27	236.34	128	8
Current Portion of Long-Term Debt	254.76	41.52	23.9	29.29	69.4	234.6
Current Portion of Leases	32.49	51.26	39.66	28.49	27.71	17.58
Current Income Taxes Payable	-	-	-	0.77	8.49	5.55
Current Unearned Revenue	8.77	16.46	28.48	6.82	9	8.08
Other Current Liabilities	218.26	136.52	138.51	136.94	136.99	93.37
Total Current Liabilities	1,171	1,384	1,359	1,297	982.77	491.03
Long-Term Debt	137.63	116.11	197.33	38.5	82.9	291.2
Long-Term Leases	20.72	18.01	30.3	37.85	16.59	27.05
Long-Term Unearned Revenue	64.88	70.15	77.58	86.6	23.65	25.92
Other Long-Term Liabilities	3.93	3.83	11.01	12.83	15.02	33.81
Total Liabilities	1,398	1,592	1,676	1,473	1,121	869.01

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	518.04	518.04	518.04	518.04	438.52	-
Additional Paid-In Capital	3,658	3,658	3,658	3,658	2,301	382.51
Retained Earnings	-1,889	-1,747	-1,263	-848.44	-443.99	-956.82
Treasury Stock	-41.23	-34.73	-1.17	-	-54	-54
Comprehensive Income & Other	57.07	57.37	59.45	46.43	62.25	2,145
Total Common Equity	2,302	2,452	2,971	3,374	2,304	1,517
Minority Interest	85.02	59.71	17.07	17	-4.68	2.13
Shareholders' Equity	2,387	2,512	2,988	3,391	2,299	1,519
Total Liabilities & Equity	3,785	4,104	4,664	4,864	3,420	2,388

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	445.6	507.46	589.47	370.46	324.6	578.43
Net Cash (Debt)	784.56	701.68	757.74	1,051	406.16	135.77
Net Cash Growth	26.84%	-7.40%	-27.93%	158.85%	199.16%	-
Net Cash Per Share	1.53	1.36	1.46	2.46	1.06	0.43
Filing Date Shares Outstanding	510.78	515.61	517.93	518.04	438.52	315.98
Total Common Shares Outstanding	510.78	515.61	517.93	518.04	438.52	315.98
Working Capital	1,479	1,581	2,060	2,210	1,389	1,337
Book Value Per Share	4.51	4.76	5.74	6.51	5.25	4.80
Tangible Book Value	2,279	2,431	2,948	3,347	2,279	1,487
Tangible Book Value Per Share	4.46	4.71	5.69	6.46	5.20	4.71
Buildings	-	478.88	485.73	424.18	138.35	75.78
Machinery	-	398.71	315.23	266.33	169.72	147.42
Construction In Progress	-	84.3	126.12	168.22	274.44	95.81