HKG:0465 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	148.01	201.81	245.07	231.61	350.24
Short-Term Investments	1.13	1.11	1.15	2.07	2.41
Cash & Short-Term Investments	149.14	202.92	246.22	233.68	352.65
Cash Growth	-26.50%	-17.59%	5.37%	-33.74%	-20.72%
Accounts Receivable	26.05	21.56	32.41	129.91	65.18
Other Receivables	1.48	3.51	4.97	6.18	18.67
Receivables	27.52	25.06	37.38	136.09	83.85
Inventory	-	-	-	4.72	51.26
Other Current Assets	16.34	19.95	22.66	27.95	43.59
Total Current Assets	193.01	247.93	306.26	402.44	531.35
Property, Plant & Equipment	19.77	19.4	22.61	23.57	22.6
Long-Term Investments	1.21	0.84	0.64	3.63	10.46
Other Intangible Assets	22.78	1.37	1.65	63.98	2.22
Long-Term Deferred Tax Assets	1.6	4.75	4.85	4.85	4.53
Long-Term Deferred Charges	-	32.03	47.11	-	46.57
Total Assets	238.37	306.33	383.11	498.47	617.72
Accounts Payable	14.62	11.17	13.77	16.87	33.16
Current Portion of Leases	1.38	1.44	1.7	1.47	1.88
Current Income Taxes Payable	0.18	0.13	0.12	0.76	0.76
Current Unearned Revenue	28.62	36.52	38.88	61.22	96.58
Other Current Liabilities	9.77	7.82	7.31	13.97	7.86
Total Current Liabilities	54.58	57.08	61.78	94.28	140.24
Long-Term Leases	1.49	0.4	1.82	1.83	0.38
Total Liabilities	56.06	57.48	63.6	96.11	140.62
Common Stock	27.42	27.42	27.42	27.42	27.42
Additional Paid-In Capital	-	81.54	81.54	81.54	81.54
Retained Earnings	-	132.2	201.96	285.13	360.68
Comprehensive Income & Other	150.36	3.13	3.99	3.69	2.85
Total Common Equity	177.78	244.28	314.9	397.77	472.49
Minority Interest	4.53	4.58	4.61	4.58	4.61
Shareholders' Equity	182.31	248.85	319.51	402.36	477.1
Total Liabilities & Equity	238.37	306.33	383.11	498.47	617.72
Total Debt	2.87	1.84	3.52	3.29	2.26
Net Cash (Debt)	146.27	201.08	242.69	230.39	350.39
Net Cash Growth	-27.26%	-17.15%	5.34%	-34.25%	-20.45%
Net Cash Per Share	0.47	0.65	0.78	0.74	1.13
Filing Date Shares Outstanding	311.25	311.25	311.25	311.25	311.25
Total Common Shares Outstanding	311.25	311.25	311.25	311.25	311.25
Working Capital	138.43	190.85	244.48	308.16	391.1
Book Value Per Share	0.57	0.78	1.01	1.28	1.52
Tangible Book Value	155	242.91	313.25	333.8	470.27
Tangible Book Value Per Share	0.50	0.78	1.01	1.07	1.51
Machinery	-	17.39	17.71	17.65	17.9
Leasehold Improvements	-	5.46	6.69	6.68	6.53

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