HKG:0468 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	211.34	461.74	748.26	866.66	607.44	425.24
Short-Term Investments	12.23	18.3	4.05	-	-	-
Cash & Short-Term Investments	223.57	480.04	752.31	866.66	607.44	425.24
Cash Growth	-61.06%	-36.19%	-13.20%	42.67%	42.84%	-26.33%
Accounts Receivable	628.71	487.04	565.62	660.98	739.93	722.72
Other Receivables	48.04	20.36	18.71	26.37	27.02	5.42
Receivables	676.74	507.4	584.33	687.36	766.95	728.14
Inventory	430.19	431.95	576.71	859.91	1,182	798.61
Restricted Cash	198.31	172.46	135.24	197.76	306.92	214.85
Other Current Assets	20.14	52.97	18.86	21.32	23.77	44.26
Total Current Assets	1,549	1,645	2,067	2,633	2,887	2,211
Property, Plant & Equipment	617.09	624.23	697.39	1,251	1,253	1,288
Long-Term Investments	1,005	1,005	966.17	-	-	-
Goodwill	47.77	47.77	47.77	47.77	47.77	57.99
Other Intangible Assets	2.65	3.59	3.51	11.52	13.64	29.28
Long-Term Accounts Receivable	81.72	77.38	83.3	44.09	26.54	27.61
Long-Term Deferred Tax Assets	68.59	54.44	37.86	38.93	41.85	33.81
Long-Term Deferred Charges	-	-	3.03	2.46	-	-
Other Long-Term Assets	122.83	120.84	39.35	-	10	10.98
Total Assets	3,495	3,578	3,946	4,028	4,280	3,658

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	437.41	406.44	500.34	592.82	965.42	646.67
Accrued Expenses	98.91	120.43	154.58	189.92	225.05	138.98
Short-Term Debt	-	100.82	21.4	-	-	-
Current Portion of Long-Term Debt	-	-	76.46	140.82	223.56	283.12
Current Portion of Leases	7.54	0.27	4.67	11.7	10.38	11.08
Current Income Taxes Payable	27.44	27.97	26.96	36.11	29.38	19.93
Current Unearned Revenue	7.87	10.16	16.97	58.68	118.32	35.6
Other Current Liabilities	9.48	8.22	4.2	12.2	15.06	6.63
Total Current Liabilities	588.65	674.3	805.57	1,042	1,587	1,142
Long-Term Debt	-	-	-	-	-	5.42
Long-Term Leases	3.82	0.07	0.68	15.18	6.6	11.6
Long-Term Unearned Revenue	6.01	5.78	7.3	49.64	54.48	59.95
Long-Term Deferred Tax Liabilities	1.05	1.19	16.2	19.8	11.47	19.47
Total Liabilities	599.52	681.33	829.75	1,127	1,660	1,238

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	12.08	12.08	12.08	11.44	11.44	11.44
Additional Paid-In Capital	385.97	385.97	468.13	416.42	416.42	416.42
Retained Earnings	2,440	2,439	2,586	2,393	2,149	1,966
Comprehensive Income & Other	57.07	58.32	48.71	80.78	43.42	25.93
Total Common Equity	2,895	2,895	3,115	2,901	2,620	2,420
Minority Interest	0.09	1.35	1.16	-	-	-
Shareholders' Equity	2,895	2,897	3,116	2,901	2,620	2,420
Total Liabilities & Equity	3,495	3,578	3,946	4,028	4,280	3,658

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	11.36	101.15	103.21	167.7	240.54	311.22
Net Cash (Debt)	212.21	378.89	649.1	698.96	366.9	114.02
Net Cash Growth	-62.93%	-41.63%	-7.13%	90.51%	221.77%	-68.69%
Net Cash Per Share	0.15	0.27	0.47	0.52	0.27	0.09
Filing Date Shares Outstanding	1,407	1,407	1,407	1,407	1,337	1,337
Total Common Shares Outstanding	1,407	1,407	1,407	1,337	1,337	1,337
Working Capital	960.31	970.51	1,262	1,591	1,300	1,069
Book Value Per Share	2.06	2.06	2.21	2.17	1.96	1.81
Tangible Book Value	2,845	2,844	3,064	2,842	2,559	2,333
Tangible Book Value Per Share	2.02	2.02	2.18	2.13	1.91	1.75
Land	-	-	490.99	759.79	726.35	696.75
Buildings	496.65	496.65	-	-	-	-
Machinery	1,352	1,350	1,367	1,823	1,778	1,642
Construction In Progress	15.89	3.71	3.14	125.35	70.59	130.74
Leasehold Improvements	-	-	-	1.75	1.65	1.61