SGX:BWM 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	511.46	600.38	462.43	627.05	387.8
Accounts Receivable	2,934	2,763	2,300	2,132	2,285
Other Receivables	223.24	329.37	488.77	489.12	862.35
Inventory	98.7	115.79	126.53	108.37	62.22
Loans Receivable Current	249.79	247.96	238.1	228.28	504.39
Other Current Assets	1,847	2,069	1,659	1,537	818.23
Total Current Assets	5,864	6,125	5,275	5,122	4,920
Property, Plant & Equipment	12,524	11,118	10,836	10,402	10,031
Other Intangible Assets	4,364	4,487	4,637	4,709	4,289
Long-Term Investments	305.04	296.77	293.04	308.87	220.38
Long-Term Accounts Receivable	675.78	696.32	714.15	743.37	736.43
Other Long-Term Assets	485.61	383.2	193.28	186.89	177.32
Total Assets	24,219	23,107	21,948	21,473	20,374
Accounts Payable	1,958	731.02	842.4	807.3	791.89
Accrued Expenses	-	163.37	204.66	191.41	155.9
Current Portion of Long-Term Debt	4,529	5,272	4,173	4,901	4,706
Current Unearned Revenue	-	51.64	52.36	54.42	52.66
Current Portion of Leases	0.01	1.7	2.76	2.46	5.04
Current Income Taxes Payable	202.05	191.67	137.62	130.36	123.06
Other Current Liabilities	0.88	712.2	1,054	1,079	1,216
Total Current Liabilities	6,690	7,124	6,466	7,166	7,051
Long-Term Debt	7,647	6,954	7,137	6,345	5,775
Long-Term Leases	4.32	0.3	1.56	-	2.46
Long-Term Unearned Revenue	-	378.88	351.39	357.52	364.02
Long-Term Deferred Tax Liabilities	972.03	886.06	789.94	701.53	618.95
Other Long-Term Liabilities	696.83	48.83	33.22	28.43	24.83
Total Liabilities	16,010	15,392	14,779	14,598	13,836
Common Stock	0.1	0.1	0.1	0.1	0.1
Additional Paid-In Capital	1,319	1,502	1,601	1,601	1,601
Retained Earnings	6,421	5,696	5,078	4,796	4,471
Treasury Stock	-45.63	-18.35	-	-	-
Comprehensive Income & Other	393.49	415.52	367.59	314.54	324.65
Total Common Equity	8,089	7,596	7,047	6,712	6,397
Minority Interest	120.03	119.09	122.21	162.7	141.39
Shareholders' Equity	8,209	7,715	7,169	6,875	6,538
Total Liabilities & Equity	24,219	23,107	21,948	21,473	20,374
Total Debt	12,180	12,229	11,313	11,249	10,489
Net Cash (Debt)	-11,669	-11,628	-10,851	-10,622	-10,101
Net Cash Per Share	-8.11	-8.01	-7.46	-7.30	-6.95
Filing Date Shares Outstanding	1,434	1,445	1,454	1,454	1,454
Total Common Shares Outstanding	1,434	1,445	1,454	1,454	1,454
Working Capital	-825.6	-998.28	-1,192	-2,043	-2,131
Book Value Per Share	5.64	5.26	4.85	4.62	4.40
Tangible Book Value	3,725	3,109	2,410	2,003	2,108
Tangible Book Value Per Share	2.60	2.15	1.66	1.38	1.45
Buildings	-	4,250	3,994	3,473	2,842
Machinery	-	9,610	9,274	8,276	5,884
Construction In Progress	-	1,037	861.79	1,444	1,861

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