HKG:9869 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	143.48	131.8	625.61	1,097	1,627
Short-Term Investments	443.83	671.83	651.61	201.57	-
Trading Asset Securities	55.82	-	-	-	-
Cash & Short-Term Investments	643.14	803.63	1,277	1,299	1,627
Cash Growth	-19.97%	-37.08%	-1.64%	-20.17%	6606.79%
Accounts Receivable	26.24	28.41	47.93	-	-
Other Receivables	28.25	38.39	47.61	31.63	3.51
Receivables	54.49	66.79	95.54	31.63	3.51
Inventory	15.55	20.12	20.22	35.96	61.5
Restricted Cash	1.6	2.79	1.71	-	-
Other Current Assets	14.91	22.87	29.46	24.09	22.38
Total Current Assets	729.69	916.2	1,424	1,390	1,714
Property, Plant & Equipment	238.05	313.59	606.2	1,150	2,220
Other Intangible Assets	0.02	0.04	0.06	0.08	0.09
Long-Term Deferred Tax Assets	71.31	75.16	76.56	46.47	29.89
Other Long-Term Assets	86.65	70.99	58.01	89.69	323.05
Total Assets	1,126	1,376	2,165	2,677	4,287
Accounts Payable	21.75	28.74	30.72	62.74	75.14
Accrued Expenses	-	8.9	14.37	22.81	54.93
Short-Term Debt	40	-	-	-	-
Current Portion of Leases	42.18	51.59	81.07	175.8	185.52
Current Income Taxes Payable	17.45	17.62	16.65	12.35	25.57
Current Unearned Revenue	14.39	13.47	3.55	-	-
Other Current Liabilities	19.29	3.75	5.99	15	8.27
Total Current Liabilities	155.05	124.07	152.35	288.7	349.43
Long-Term Leases	60.22	93.85	174.6	565.2	1,061
Long-Term Unearned Revenue	14.42	21.22	5.62	-	-
Other Long-Term Liabilities	21.37	18.05	11.01	-	-
Total Liabilities	251.06	257.18	343.58	853.9	1,410
Common Stock	0	0	0	0	0
Additional Paid-In Capital	-	2,114	2,707	2,860	2,860
Retained Earnings	-	-1,570	-1,492	-1,672	-71.06
Comprehensive Income & Other	874.66	574.89	606.42	634.86	87.56
Shareholders' Equity	874.67	1,119	1,821	1,823	2,877
Total Liabilities & Equity	1,126	1,376	2,165	2,677	4,287
Total Debt	142.4	145.43	255.67	741	1,246
Net Cash (Debt)	500.74	658.2	1,022	557.56	380.59
Net Cash Growth	-23.92%	-35.57%	83.22%	46.50%	-
Net Cash Per Share	0.40	0.52	0.81	0.51	0.35
Filing Date Shares Outstanding	1,246	1,208	1,208	1,272	1,219
Total Common Shares Outstanding	1,246	1,208	1,208	1,272	1,219
Working Capital	574.64	792.13	1,272	1,102	1,365
Book Value Per Share	0.70	0.93	1.51	1.43	2.36
Tangible Book Value	874.64	1,119	1,821	1,823	2,877
Tangible Book Value Per Share	0.70	0.93	1.51	1.43	2.36
Buildings	111.63	141.1	211.08	211.08	-
Machinery	92.82	114.02	170.4	263.16	180.9
Leasehold Improvements	86.96	89.02	204.46	554.05	825.43

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