HKG:9922 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	1,018	606.97	1,327	1,099	1,342
Short-Term Investments	151.61	593.34	543.16	911.36	735.84
Cash & Short-Term Investments	1,170	1,200	1,870	2,010	2,078
Cash Growth	-2.56%	-35.81%	-6.97%	-3.26%	-17.45%
Accounts Receivable	196.07	156.46	111.11	113.02	83.74
Other Receivables	476.67	475.35	382.31	262.26	222.74
Receivables	693.83	631.81	493.42	375.28	306.48
Inventory	87.14	115.46	132.07	118.1	70.75
Restricted Cash	207.38	306.5	231.46	10.56	1.79
Other Current Assets	49.79	55.18	78.89	71.06	102.48
Total Current Assets	2,208	2,309	2,806	2,585	2,559
Property, Plant & Equipment	2,766	3,279	3,137	2,308	2,016
Long-Term Investments	529.83	429.25	145.18	163.93	333.69
Other Intangible Assets	29	26.39	25.67	24.56	18.39
Long-Term Deferred Tax Assets	169.65	161.6	116.15	115.02	82.22
Other Long-Term Assets	120.34	282.8	290.57	210.72	125.07
Total Assets	5,823	6,489	6,521	5,407	5,135
Accounts Payable	154.43	213.12	209.31	196.73	153.39
Accrued Expenses	356.69	335.68	350.64	191.56	-
Short-Term Debt	100	30	50	30	-
Current Portion of Long-Term Debt	247.37	275.82	40	-	-
Current Portion of Leases	452.94	601.52	539.47	442.91	390.69
Current Income Taxes Payable	31.92	43.03	68.22	17.47	38.26
Current Unearned Revenue	12.74	19.77	7.91	4.21	5.87
Other Current Liabilities	63.65	73.8	137.02	72.08	216.34
Total Current Liabilities	1,420	1,593	1,403	954.96	804.55
Long-Term Debt	73.74	73.61	154.16	-	-
Long-Term Leases	1,021	1,582	1,545	1,207	1,114
Long-Term Deferred Tax Liabilities	36.41	10.5	5.88	7.6	47.2
Other Long-Term Liabilities	54.68	79.08	56.2	37.95	31.65
Total Liabilities	2,606	3,337	3,164	2,208	1,998
Common Stock	0	0	0	0	0
Additional Paid-In Capital	2,255	2,317	2,636	2,780	2,836
Retained Earnings	745.65	672.03	602.96	338.27	288.89
Treasury Stock	-1.81	-	-	-	-
Comprehensive Income & Other	221.17	162.33	96.19	55.56	-42.14
Total Common Equity	3,220	3,152	3,336	3,174	3,083
Minority Interest	-2.69	-0.53	21.48	24.85	55.02
Shareholders' Equity	3,217	3,151	3,357	3,199	3,138
Total Liabilities & Equity	5,823	6,489	6,521	5,407	5,135
Total Debt	1,895	2,562	2,329	1,680	1,505
Net Cash (Debt)	-725.86	-1,362	-458.62	329.88	573.14
Net Cash Growth	-	-	-	-42.44%	-51.84%
Net Cash Per Share	-0.52	-0.96	-0.32	0.23	0.39
Filing Date Shares Outstanding	1,391	1,398	1,437	1,454	1,453
Total Common Shares Outstanding	1,391	1,398	1,437	1,454	1,453
Working Capital	788	716.52	1,403	1,630	1,755
Book Value Per Share	2.32	2.26	2.32	2.18	2.12
Tangible Book Value	3,191	3,125	3,310	3,150	3,064
Tangible Book Value Per Share	2.29	2.24	2.30	2.17	2.11
Land	4.5	4.45	4.73	4.52	4.41
Buildings	496.04	379.37	0.54	0.52	0.51
Machinery	462.57	561.37	539.73	434.81	358.4
Construction In Progress	328	164.02	367.85	118.07	5.96
Leasehold Improvements	881.84	1,004	981.8	744.13	613.31

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