HKG:9992 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	13,775	6,109	2,078	685.31	5,265
Short-Term Investments	3,450	3,511	3,885	4,356	-
Trading Asset Securities	9.74	11.43	8.42	12.83	20.54
Cash & Short-Term Investments	17,235	9,632	5,972	5,054	5,285
Cash Growth	78.94%	61.29%	18.15%	-4.37%	-6.95%
Accounts Receivable	921.24	477.72	321.34	194.37	171.33
Other Receivables	-	85.75	33.36	58.57	11.96
Receivables	921.24	563.47	354.7	252.93	183.29
Inventory	5,473	1,622	984.05	1,009	983.3
Prepaid Expenses	-	124.95	134.03	116.33	116.98
Restricted Cash	2.66	25.65	18.16	13.27	3.35
Other Current Assets	1,283	268.68	220.83	169.53	185.11
Total Current Assets	24,915	12,236	7,683	6,616	6,757
Property, Plant & Equipment	4,209	1,667	1,379	1,151	975.8
Long-Term Investments	485.03	548.66	578.77	542.37	390.23
Goodwill	-	0.09	0.1	0.1	0.1
Other Intangible Assets	208.67	135.31	115.79	146.4	133.93
Long-Term Deferred Tax Assets	1,754	147.03	83.42	80.98	35.55
Other Long-Term Assets	530.74	136.56	127.99	44.17	30.73
Total Assets	32,101	14,871	9,969	8,580	8,324
Accounts Payable	1,858	1,010	444.94	259.01	266.1
Accrued Expenses	1,686	1,024	508.75	352.27	254.89
Short-Term Debt	-	-	15.06	-	-
Current Portion of Leases	586.27	363.09	351.8	293.57	256.91
Current Income Taxes Payable	2,116	562.14	115.12	47.07	97.17
Current Unearned Revenue	393.12	188.58	112.14	88.8	119.62
Other Current Liabilities	528.33	221.64	185.48	90.04	98.02
Total Current Liabilities	7,168	3,370	1,733	1,131	1,093
Long-Term Leases	2,275	601.47	425.95	447.56	364.54
Long-Term Deferred Tax Liabilities	-	-	14.42	15.12	-
Other Long-Term Liabilities	5.53	14.54	14.81	21.31	46.37
Total Liabilities	9,449	3,986	2,188	1,615	1,504
Common Stock	0.88	0.88	0.89	0.91	0.92
Additional Paid-In Capital	-	10,945	11,305	11,845	12,417
Retained Earnings	19,154	6,535	3,409	2,327	1,851
Treasury Stock	-	-	-10.47	-186.4	-
Comprehensive Income & Other	3,123	-6,797	-6,935	-7,023	-7,451
Total Common Equity	22,278	10,684	7,770	6,963	6,818
Minority Interest	374.63	201.13	10.46	2.04	1.82
Shareholders' Equity	22,652	10,885	7,780	6,965	6,820
Total Liabilities & Equity	32,101	14,871	9,969	8,580	8,324
Total Debt	2,862	964.56	792.81	741.13	621.45
Net Cash (Debt)	14,373	8,667	5,179	4,313	4,664
Net Cash Growth	65.84%	67.35%	20.07%	-7.52%	-13.45%
Net Cash Per Share	10.78	6.51	3.86	3.16	3.38
Filing Date Shares Outstanding	1,331	1,328	1,329	1,347	1,402
Total Common Shares Outstanding	1,331	1,328	1,329	1,347	1,402
Working Capital	17,746	8,866	5,950	5,485	5,665
Book Value Per Share	16.74	8.04	5.85	5.17	4.86
Tangible Book Value	22,069	10,548	7,654	6,817	6,684
Tangible Book Value Per Share	16.58	7.94	5.76	5.06	4.77
Machinery	-	412.98	436.48	338.79	272
Construction In Progress	-	27.09	0.47	66.95	7.39
Leasehold Improvements	-	920.04	777.07	413.95	305.21

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.