HKG:9992 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	12,442	13,775	6,109	2,078	685.31	5,265
Short-Term Investments	1,520	3,450	3,511	3,885	4,356	-
Trading Asset Securities	9.66	9.74	11.43	8.42	12.83	20.54
Cash & Short-Term Investments	13,972	17,235	9,632	5,972	5,054	5,285
Cash Growth	1.41%	78.94%	61.29%	18.15%	-4.37%	-6.95%
Accounts Receivable	627.31	921.24	477.72	321.34	194.37	171.33
Other Receivables	756.61	678.99	113.68	33.36	58.57	11.96
Receivables	1,384	1,600	591.4	354.7	252.93	183.29
Inventory	6,213	5,615	1,622	984.05	1,009	983.3
Prepaid Expenses	102.8	106.31	124.95	134.03	116.33	116.98
Restricted Cash	3.38	2.66	25.65	18.16	13.27	3.35
Other Current Assets	417.12	356.05	240.75	220.83	169.53	185.11
Total Current Assets	22,092	24,915	12,236	7,683	6,616	6,757
Property, Plant & Equipment	5,373	4,209	1,667	1,379	1,151	975.8
Long-Term Investments	981.89	485.03	548.66	578.77	542.37	390.23
Goodwill	67.21	69.66	0.09	0.1	0.1	0.1
Other Intangible Assets	169.16	139	135.31	115.79	146.4	133.93
Long-Term Deferred Tax Assets	1,814	1,754	147.03	83.42	80.98	35.55
Other Long-Term Assets	530.99	530.74	136.56	127.99	44.17	30.73
Total Assets	31,028	32,101	14,871	9,969	8,580	8,324

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	905.15	1,858	1,010	444.94	259.01	266.1
Accrued Expenses	1,558	1,686	1,024	508.75	352.27	254.89
Short-Term Debt	-	-	-	15.06	-	-
Current Portion of Leases	665.74	586.27	363.09	351.8	293.57	256.91
Current Income Taxes Payable	622.99	2,116	562.14	115.12	47.07	97.17
Current Unearned Revenue	513.42	393.12	188.58	112.14	88.8	119.62
Other Current Liabilities	407.49	528.33	221.64	185.48	90.04	98.02
Total Current Liabilities	4,673	7,168	3,370	1,733	1,131	1,093
Long-Term Leases	3,062	2,275	601.47	425.95	447.56	364.54
Long-Term Deferred Tax Liabilities	-	-	-	14.42	15.12	-
Other Long-Term Liabilities	5.28	5.53	14.54	14.81	21.31	46.37
Total Liabilities	7,740	9,449	3,986	2,188	1,615	1,504

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	0.88	0.88	0.88	0.89	0.91	0.92
Additional Paid-In Capital	-	9,955	10,945	11,305	11,845	12,417
Retained Earnings	24,190	19,311	6,535	3,409	2,327	1,851
Treasury Stock	-	-	-	-10.47	-186.4	-
Comprehensive Income & Other	-1,132	-6,989	-6,797	-6,935	-7,023	-7,451
Total Common Equity	23,059	22,278	10,684	7,770	6,963	6,818
Minority Interest	229.45	374.63	201.13	10.46	2.04	1.82
Shareholders' Equity	23,288	22,652	10,885	7,780	6,965	6,820
Total Liabilities & Equity	31,028	32,101	14,871	9,969	8,580	8,324

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	3,728	2,862	964.56	792.81	741.13	621.45
Net Cash (Debt)	10,244	14,373	8,667	5,179	4,313	4,664
Net Cash Growth	-17.16%	65.84%	67.35%	20.07%	-7.52%	-13.45%
Net Cash Per Share	7.70	10.78	6.51	3.86	3.16	3.38
Filing Date Shares Outstanding	1,322	1,332	1,328	1,329	1,347	1,402
Total Common Shares Outstanding	1,322	1,332	1,328	1,329	1,347	1,402
Working Capital	17,420	17,746	8,866	5,950	5,485	5,665
Book Value Per Share	17.44	16.73	8.04	5.85	5.17	4.86
Tangible Book Value	22,823	22,069	10,548	7,654	6,817	6,684
Tangible Book Value Per Share	17.26	16.57	7.94	5.76	5.06	4.77
Machinery	708.18	669.44	412.98	436.48	338.79	272
Construction In Progress	229.74	189.42	27.09	0.47	66.95	7.39
Leasehold Improvements	1,622	1,210	920.04	777.07	413.95	305.21