HKG:0574 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	5.52	15.97	16.51	1.9	2.27
Cash & Short-Term Investments	5.52	15.97	16.51	1.9	2.27
Cash Growth	-65.41%	-3.26%	768.54%	-16.33%	-56.82%
Accounts Receivable	58.58	27.77	28.38	11.44	16.09
Other Receivables	0.04	1.9	8.68	6.51	9.73
Receivables	58.62	29.67	37.05	17.95	25.82
Inventory	19.65	51.11	56.69	10.69	8.35
Other Current Assets	16.72	8.11	14.02	10.68	15.32
Total Current Assets	100.51	104.86	124.27	41.22	51.76
Property, Plant & Equipment	29.29	31.28	34.27	37.81	41.36
Other Intangible Assets	-	0.01	0.03	0.06	0.11
Other Long-Term Assets	39.9	43.5	48	57	74
Total Assets	169.71	179.65	206.57	136.09	167.22
Accounts Payable	81.66	31.63	32.63	33.55	31.42
Accrued Expenses	-	16.7	54.72	26.46	23.34
Short-Term Debt	18.98	11.78	8.29	25.81	21.19
Current Portion of Long-Term Debt	6.7	3.7	107.89	82.53	76.58
Current Portion of Leases	-	-	-	0.37	0.87
Current Income Taxes Payable	0.02	0.1	0.59	-	1.43
Current Unearned Revenue	0.51	15.03	13.35	22.56	21.3
Other Current Liabilities	9.99	24.59	30.78	35.93	24.46
Total Current Liabilities	117.87	103.53	248.26	227.22	200.58
Long-Term Debt	19.78	28.95	50.92	-	-
Long-Term Leases	-	-	-	-	0.37
Long-Term Unearned Revenue	20.47	20.98	21.49	22.52	23.03
Long-Term Deferred Tax Liabilities	2.25	2.13	2	1.87	1.74
Other Long-Term Liabilities	157.32	160.1	-	-	-
Total Liabilities	317.69	315.68	322.67	251.61	225.73
Common Stock	1.22	1.22	1.22	1.22	1.22
Additional Paid-In Capital	-	691.88	691.88	691.88	691.88
Retained Earnings	-	-789.29	-773.98	-776.33	-732.95
Comprehensive Income & Other	-149.2	-39.84	-35.22	-32.29	-18.65
Total Common Equity	-147.98	-136.04	-116.1	-115.52	-58.5
Shareholders' Equity	-147.98	-136.04	-116.1	-115.52	-58.5
Total Liabilities & Equity	169.71	179.65	206.57	136.09	167.22
Total Debt	45.46	44.42	167.1	108.71	99.01
Net Cash (Debt)	-39.94	-28.45	-150.59	-106.81	-96.74
Net Cash Per Share	-0.03	-0.02	-0.10	-0.07	-0.07
Filing Date Shares Outstanding	1,489	1,475	1,475	1,475	1,475
Total Common Shares Outstanding	1,489	1,475	1,475	1,475	1,475
Working Capital	-17.35	1.33	-123.99	-186	-148.83
Book Value Per Share	-0.10	-0.09	-0.08	-0.08	-0.04
Tangible Book Value	-147.98	-136.04	-116.13	-115.58	-58.61
Tangible Book Value Per Share	-0.10	-0.09	-0.08	-0.08	-0.04
Buildings	-	54.03	54.03	54.03	54.03
Machinery	-	13.33	13.54	14.8	14.82
Construction In Progress	-	-	3.46	3.46	3.46
Leasehold Improvements	-	8.35	4.88	4.84	4.84

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