HKG:9863 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2019
Cash & Equivalents	6,465	6,378	11,731	6,949	4,338	100.81	Upgrade
Short-Term Investments	1,780	1,794	965.27	80.82	-	-	Upgrade
Trading Asset Securities	7,851	11,473	2,770	929.8	1,260	76.04	Upgrade
Cash & Short-Term Investments	16,097	19,645	15,466	7,960	5,598	176.85	Upgrade
Cash Growth	5.30%	27.02%	94.31%	42.19%	3065.46%	-54.34%	Upgrade
Accounts Receivable	2,883	1,982	940.49	1,723	816.4	238.56	Upgrade
Other Receivables	18.8	8.82	5.63	7.17	0.83	0.03	Upgrade
Receivables	2,902	1,990	946.12	1,730	817.23	238.59	Upgrade
Inventory	2,653	2,066	1,825	1,786	849.23	375.73	Upgrade
Prepaid Expenses	75.99	50.18	24.58	20.66	8.42	0.76	Upgrade
Restricted Cash	2,540	1,254	2,800	1,822	1,376	441.5	Upgrade
Other Current Assets	3,367	1,448	1,408	320.1	305.86	221.09	Upgrade
Total Current Assets	27,635	26,453	22,470	13,638	8,955	1,455	Upgrade
Property, Plant & Equipment	7,968	6,274	4,601	4,028	2,383	1,639	Upgrade
Long-Term Investments	9,531	4,339	837.96	368.6	35.77	158.58	Upgrade
Other Intangible Assets	463.22	450.11	449.68	446.63	419.87	19.85	Upgrade
Other Long-Term Assets	625.86	130.51	95.24	786.08	732.59	-	Upgrade
Total Assets	46,290	37,647	28,453	19,268	12,526	3,272	Upgrade
Accounts Payable	23,328	18,903	9,858	5,987	2,596	738.94	Upgrade
Accrued Expenses	3,028	2,554	1,482	1,201	597.08	175.79	Upgrade
Short-Term Debt	1,000	1,000	850.5	300	-	1,155	Upgrade
Current Portion of Long-Term Debt	447.38	237.85	416.03	468.53	340.17	87.92	Upgrade
Current Portion of Leases	163.41	173.35	418.77	399.18	24.56	13.38	Upgrade
Current Income Taxes Payable	322.13	235.35	89.42	27.85	11.91	8.96	Upgrade
Current Unearned Revenue	108.77	161.42	22.56	31.23	3.73	-	Upgrade
Other Current Liabilities	1,762	1,709	816.36	843.03	755.97	236.18	Upgrade
Total Current Liabilities	30,159	24,975	13,954	9,257	4,330	2,416	Upgrade
Long-Term Debt	1,212	1,108	863.94	523.28	534.02	1,159	Upgrade
Long-Term Leases	211.82	186.95	197.37	518.93	16.36	13.79	Upgrade
Long-Term Unearned Revenue	782.88	633.67	572.1	531.48	360.93	239.78	Upgrade
Other Long-Term Liabilities	916.41	671.88	368.1	177.93	55.43	6.08	Upgrade
Total Liabilities	33,282	27,576	15,955	11,009	5,296	3,835	Upgrade
Common Stock	1,407	1,337	1,337	1,143	1,012	-	Upgrade
Additional Paid-In Capital	26,083	23,555	23,555	15,983	10,520	538.98	Upgrade
Retained Earnings	-16,684	-16,717	-13,897	-9,680	-4,571	-2,707	Upgrade
Comprehensive Income & Other	2,203	1,896	1,502	813.18	269.81	1,604	Upgrade
Shareholders' Equity	13,008	10,071	12,498	8,259	7,230	-563.2	Upgrade
Total Liabilities & Equity	46,290	37,647	28,453	19,268	12,526	3,272	Upgrade
Total Debt	3,035	2,707	2,747	2,210	915.11	2,429	Upgrade
Net Cash (Debt)	13,062	16,938	12,720	5,750	4,683	-2,252	Upgrade
Net Cash Growth	1.88%	33.17%	121.22%	22.78%	-	-	Upgrade
Net Cash Per Share	9.68	12.67	10.92	5.50	4.98	-6.13	Upgrade
Filing Date Shares Outstanding	1,337	1,337	1,337	1,143	1,012	367.67	Upgrade
Total Common Shares Outstanding	1,337	1,337	1,337	1,143	1,012	367.67	Upgrade
Working Capital	-2,524	1,478	8,516	4,381	4,625	-961.64	Upgrade
Book Value Per Share	9.73	7.53	9.35	7.23	7.15	-1.53	Upgrade
Tangible Book Value	12,545	9,621	12,049	7,812	6,810	-583.05	Upgrade
Tangible Book Value Per Share	9.38	7.20	9.01	6.84	6.73	-1.59	Upgrade
Buildings	860.21	856.22	630.38	538.16	527.24	523.42	Upgrade
Machinery	4,315	3,591	2,897	2,444	1,227	1,017	Upgrade
Construction In Progress	3,382	2,274	1,287	788.01	548.85	181.01	Upgrade
Leasehold Improvements	200.3	164.34	106.16	-	20.29	14.79	Upgrade

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.