HKG:9909 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	4,478	4,132	3,882	3,453	3,992
Cash & Short-Term Investments	4,478	4,132	3,882	3,453	3,992
Cash Growth	8.39%	6.43%	12.43%	-13.50%	15.71%
Accounts Receivable	421.13	413.17	412.36	232.46	161.02
Other Receivables	0.13	27.77	12.09	16.12	16.91
Receivables	421.27	440.94	424.45	248.59	177.93
Inventory	9	10.62	9.6	-	-
Other Current Assets	148.89	195.95	317.01	582.4	92.89
Total Current Assets	5,057	4,779	4,633	4,284	4,262
Property, Plant & Equipment	30.77	45.31	45.75	12.98	16.15
Long-Term Investments	52.6	60.93	65.18	65.48	64.48
Goodwill	20.64	20.64	20.64	20.64	20.64
Other Intangible Assets	3.06	4.28	6.75	8.56	4.86
Long-Term Deferred Tax Assets	187.9	158.2	92.13	70.07	71.36
Other Long-Term Assets	463.24	972.09	749.75	751.87	632.5
Total Assets	5,815	6,041	5,613	5,213	5,072
Accounts Payable	174.14	290.33	315.64	284.05	287.4
Accrued Expenses	105.29	85.71	84.31	98.21	133.42
Current Portion of Leases	81.67	82.91	64.55	54.37	63.42
Current Income Taxes Payable	262.6	203.26	138.22	152.4	129.25
Current Unearned Revenue	283.52	274.28	301.04	229.32	458.07
Other Current Liabilities	922.73	690.7	719.51	755.91	813.93
Total Current Liabilities	1,830	1,627	1,623	1,574	1,885
Long-Term Leases	524.15	1,188	931.1	901.27	713.99
Long-Term Deferred Tax Liabilities	1.28	0.72	1.24	1.59	2.2
Total Liabilities	2,355	2,816	2,556	2,477	2,602
Common Stock	1,014	5.75	5.75	5.75	5.75
Additional Paid-In Capital	-	998.65	961.46	1,038	1,283
Retained Earnings	2,415	2,206	1,990	1,537	1,093
Comprehensive Income & Other	23.62	6.25	96.56	147.61	73.57
Total Common Equity	3,453	3,216	3,053	2,728	2,456
Minority Interest	6.9	8.64	4.27	8.03	15.13
Shareholders' Equity	3,460	3,225	3,058	2,736	2,471
Total Liabilities & Equity	5,815	6,041	5,613	5,213	5,072
Total Debt	605.82	1,271	995.65	955.64	777.41
Net Cash (Debt)	3,872	2,861	2,886	2,497	3,214
Net Cash Growth	35.35%	-0.88%	15.59%	-22.31%	24.21%
Net Cash Per Share	6.02	4.49	4.55	3.93	5.04
Filing Date Shares Outstanding	642.9	642.9	642.9	642.9	642.9
Total Common Shares Outstanding	642.9	642.9	642.9	642.9	642.9
Working Capital	3,227	3,152	3,010	2,709	2,377
Book Value Per Share	5.37	5.00	4.75	4.24	3.82
Tangible Book Value	3,429	3,191	3,026	2,699	2,430
Tangible Book Value Per Share	5.33	4.96	4.71	4.20	3.78
Machinery	-	43.25	47.12	44.13	42.17
Leasehold Improvements	-	46.32	37.9	-	-

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