HKG:9928 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	1,102	1,072	918.74	810.36	814.33
Trading Asset Securities	41.31	-	-	-	-
Cash & Short-Term Investments	1,144	1,072	918.74	810.36	814.33
Cash Growth	6.70%	16.66%	13.37%	-0.49%	-27.53%
Accounts Receivable	762.7	763.87	823.54	800.48	1,150
Receivables	762.7	763.87	823.54	800.48	1,150
Inventory	1.46	1.48	3.12	3.37	1.44
Other Current Assets	202.99	220.69	289.7	316.63	274.66
Total Current Assets	2,111	2,058	2,035	1,931	2,241
Property, Plant & Equipment	107.02	86.3	85.09	103.11	111.13
Long-Term Investments	67.67	68.03	68.8	68.95	72.52
Goodwill	107.85	107.85	123.24	485.19	562.91
Other Intangible Assets	67.86	108.44	158.29	207.8	207.44
Long-Term Deferred Tax Assets	199.61	156.31	124.89	113.61	20.95
Long-Term Deferred Charges	-	5.58	6.73	13.52	46.25
Other Long-Term Assets	0.47	1.54	2.64	5.88	6.94
Total Assets	2,661	2,592	2,605	2,929	3,269
Accounts Payable	663.1	580.47	550.4	560.44	569.45
Accrued Expenses	-	257	251.63	272.53	285.92
Current Portion of Leases	9.18	4.41	4.64	6.6	8.79
Current Income Taxes Payable	48.57	36.66	39.56	51.06	72.9
Current Unearned Revenue	105.34	90.83	96.24	79.36	129.94
Other Current Liabilities	368.6	154.02	169.17	104.22	85.63
Total Current Liabilities	1,195	1,123	1,112	1,074	1,153
Long-Term Leases	29.71	5.71	4	7.61	13.54
Long-Term Unearned Revenue	-	-	-	-	0.01
Long-Term Deferred Tax Liabilities	16.55	19.35	25.95	35.44	43.76
Other Long-Term Liabilities	-	-	-	121.64	125.44
Total Liabilities	1,241	1,148	1,142	1,239	1,335
Common Stock	8.87	8.87	8.87	8.87	8.87
Additional Paid-In Capital	-	1,238	1,262	1,284	1,330
Retained Earnings	-	325.39	320.7	522.46	736.09
Comprehensive Income & Other	1,334	-244.72	-240.4	-244.9	-250.01
Total Common Equity	1,343	1,328	1,351	1,570	1,825
Minority Interest	77.13	115.77	112.2	120.04	108.58
Shareholders' Equity	1,420	1,443	1,463	1,690	1,933
Total Liabilities & Equity	2,661	2,592	2,605	2,929	3,269
Total Debt	38.89	10.12	8.64	14.21	22.33
Net Cash (Debt)	1,105	1,062	910.1	796.15	792
Net Cash Growth	4.05%	16.66%	14.31%	0.52%	-28.09%
Net Cash Per Share	1.12	1.08	0.93	0.81	0.81
Filing Date Shares Outstanding	982.32	982.32	982.32	982.32	985.67
Total Common Shares Outstanding	982.32	982.32	982.32	982.32	985.67
Working Capital	916.02	934.49	923.46	856.62	1,088
Book Value Per Share	1.37	1.35	1.38	1.60	1.85
Tangible Book Value	1,167	1,111	1,069	876.96	1,054
Tangible Book Value Per Share	1.19	1.13	1.09	0.89	1.07
Buildings	-	42.76	42.66	42.66	42.66
Machinery	-	91.75	81.47	80.89	67.62
Construction In Progress	-	-	-	-	3.86
Leasehold Improvements	-	42.07	35.68	33.08	27.59

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