HKG:0712 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	4.26	9.08	18.29	22.54	6.77
Short-Term Investments	162.11	-	-	0.12	0.15
Cash & Short-Term Investments	166.37	9.08	18.29	22.66	6.92
Cash Growth	1733.28%	-50.37%	-19.30%	227.40%	-90.76%
Accounts Receivable	53.52	12.51	47.49	5.97	7.49
Other Receivables	-	47.74	33.92	32.55	29.91
Receivables	53.52	68.74	89.91	38.52	37.39
Inventory	132.96	1.09	1.59	3.08	3.16
Other Current Assets	0.01	4.37	21.88	161.75	9.86
Total Current Assets	352.86	83.28	131.66	226.01	57.33
Property, Plant & Equipment	26.09	17.54	26.18	31.84	99.02
Long-Term Investments	9.43	8.43	2.87	-	-
Goodwill	-	-	-	-	6.57
Other Intangible Assets	-	-	-	-	0.92
Long-Term Deferred Tax Assets	1.89	1.89	3.67	-	-
Other Long-Term Assets	30.48	35.13	42.66	45.09	128.05
Total Assets	420.75	146.26	207.04	302.95	291.89
Accounts Payable	285.11	52.92	91.98	50.13	66.76
Accrued Expenses	-	66.24	56.6	36.99	47.51
Short-Term Debt	68.65	50.14	2.08	4.76	17.67
Current Portion of Long-Term Debt	70.11	25.5	34.24	69.63	168.62
Current Portion of Leases	1.44	2.58	3.9	4.54	2.13
Current Income Taxes Payable	5.87	5.86	5.92	5.86	5.83
Current Unearned Revenue	23.58	4.87	7.48	7.75	7.22
Other Current Liabilities	149.27	51.06	86.95	238.6	55.05
Total Current Liabilities	604.02	259.16	289.15	418.27	370.79
Long-Term Debt	29.13	34.67	34.46	4.7	7.5
Long-Term Leases	7.11	8.8	11.31	19.87	7.75
Long-Term Unearned Revenue	1.82	2.3	4.81	8.98	6.49
Long-Term Deferred Tax Liabilities	2.38	1.75	1.75	15.28	12.83
Total Liabilities	644.44	306.68	341.48	467.1	405.35
Common Stock	3.73	3.73	3.15	2.75	2.75
Additional Paid-In Capital	-	1,601	1,587	1,572	1,572
Retained Earnings	-	-1,908	-1,860	-1,904	-1,849
Comprehensive Income & Other	-234.12	136.35	136.27	166.61	166.61
Total Common Equity	-230.4	-167.35	-133.64	-163.44	-107.63
Minority Interest	6.71	6.93	-0.81	-0.72	-5.83
Shareholders' Equity	-223.69	-160.42	-134.44	-164.15	-113.46
Total Liabilities & Equity	420.75	146.26	207.04	302.95	291.89
Total Debt	176.42	121.69	86	103.5	203.67
Net Cash (Debt)	-10.05	-112.61	-67.71	-80.85	-196.75
Net Cash Per Share	-0.01	-0.11	-0.08	-0.10	-0.25
Filing Date Shares Outstanding	1,060	1,060	901.58	791.71	791.71
Total Common Shares Outstanding	1,060	1,060	901.58	791.71	791.71
Working Capital	-251.16	-175.88	-157.5	-192.26	-313.45
Book Value Per Share	-0.22	-0.16	-0.15	-0.21	-0.14
Tangible Book Value	-230.4	-167.35	-133.64	-163.44	-115.12
Tangible Book Value Per Share	-0.22	-0.16	-0.15	-0.21	-0.15
Buildings	-	33.94	33.82	33.82	82.85
Machinery	-	133.09	137.34	134	180.02
Construction In Progress	-	-	-	-	0.34

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