HKG:9960 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	621.61	382.19	381.57	1,473	680.36	1,797
Short-Term Investments	1,177	1,221	1,274	585.53	1,303	293.7
Trading Asset Securities	-	-	-	-	49.2	74.37
Cash & Short-Term Investments	1,799	1,603	1,656	2,058	2,033	2,165
Cash Growth	11.44%	-3.19%	-19.56%	1.25%	-6.09%	121.33%
Accounts Receivable	416.74	391.81	512.62	580.04	635	339.14
Other Receivables	4.44	3.72	1.89	-	3.75	2.99
Receivables	421.17	395.53	514.5	580.04	638.75	342.13
Inventory	49.51	51.91	51.5	48.7	58.69	50.81
Prepaid Expenses	0.77	0.89	0.5	10.29	1.88	3.93
Restricted Cash	5.7	5.7	5.7	-	-	-
Other Current Assets	11.88	13.59	18.56	11.21	16.65	8.02
Total Current Assets	2,288	2,071	2,247	2,709	2,749	2,570
Property, Plant & Equipment	572.44	589.71	617.56	478.3	399.32	372.58
Long-Term Investments	546.34	751.23	776.69	296.43	448.28	154.26
Goodwill	20.98	11.5	9.17	9.5	10.44	2.19
Other Intangible Assets	203.09	245.89	36.58	28.39	31.12	21.34
Long-Term Deferred Tax Assets	62.46	71.44	52.07	54.39	52.01	48.02
Long-Term Deferred Charges	-	-	1.42	2.94	1.62	4.27
Other Long-Term Assets	17.14	14.2	34.87	90.68	33.76	16.64
Total Assets	3,711	3,755	3,775	3,669	3,725	3,189

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Accounts Payable	181.69	163.81	207.94	245.11	325.06	141.2
Accrued Expenses	263.36	247.22	260.18	277.11	275.87	230.93
Short-Term Debt	119.72	171.1	286.57	152.9	180	-
Current Portion of Leases	10.04	12.64	17.78	12.13	11	8.36
Current Income Taxes Payable	2.53	2.24	1.7	1.32	1.58	2.06
Current Unearned Revenue	20.84	13.54	6	11.92	11.79	6.02
Other Current Liabilities	181.31	95.95	70.34	37.5	50.9	63.29
Total Current Liabilities	804.38	737.81	854.45	743.77	861.55	452.41
Long-Term Debt	249.03	211.55	68.5	-	-	-
Long-Term Leases	16.18	18.56	25.52	29.26	8.86	9.83
Long-Term Unearned Revenue	0.39	0.83	2.04	1.2	1.2	1.91
Total Liabilities	1,070	968.76	950.51	774.23	871.62	464.15

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Common Stock	1.7	1.7	1.59	1.6	1.56	1.47
Additional Paid-In Capital	-	6,036	5,975	6,024	6,050	6,118
Retained Earnings	-	-3,397	-3,316	-3,261	-3,303	-3,378
Treasury Stock	-0.08	-0.08	-0.08	-0.06	-	-
Comprehensive Income & Other	2,579	89.08	123.24	108.27	77.2	-20.85
Total Common Equity	2,580	2,729	2,784	2,872	2,827	2,720
Minority Interest	60.26	56.31	40.35	22.99	27.21	4.59
Shareholders' Equity	2,641	2,786	2,824	2,895	2,854	2,725
Total Liabilities & Equity	3,711	3,755	3,775	3,669	3,725	3,189

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Total Debt	394.97	413.85	398.36	194.29	199.86	18.19
Net Cash (Debt)	1,404	1,189	1,257	1,864	1,833	2,147
Net Cash Growth	22.80%	-5.44%	-32.54%	1.70%	-14.61%	-
Net Cash Per Share	1.38	1.20	1.33	1.92	2.24	4.33
Filing Date Shares Outstanding	996.05	997.12	937.11	954.31	961.5	901.61
Total Common Shares Outstanding	996.05	997.12	937.11	954.31	961.5	901.61
Working Capital	1,484	1,333	1,392	1,965	1,887	2,117
Book Value Per Share	2.59	2.74	2.97	3.01	2.94	3.02
Tangible Book Value	2,356	2,472	2,738	2,834	2,785	2,697
Tangible Book Value Per Share	2.37	2.48	2.92	2.97	2.90	2.99
Buildings	410.26	410.26	411.26	232.96	232.15	220
Machinery	436.29	410.78	363.06	359.16	297.18	251.34
Construction In Progress	0.94	4	11.22	32.8	5.1	4.82
Leasehold Improvements	195.93	181.56	153.74	131.18	114.66	93.9