HKG:0805 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	29.26	14.35	21.47	8.8
Short-Term Investments	7.83	3.99	-	-
Cash & Short-Term Investments	37.09	18.33	21.47	8.8
Cash Growth	102.32%	-14.60%	144.02%	-
Accounts Receivable	37.71	39.92	43.04	19.42
Other Receivables	8.85	2.23	2.23	0.29
Receivables	46.56	42.15	45.28	19.71
Inventory	234.24	246.2	157.32	115.14
Prepaid Expenses	1.78	2.65	1	0.24
Restricted Cash	103.14	4.89	4.75	2.35
Other Current Assets	20.56	-	-	-
Total Current Assets	443.37	314.22	229.82	146.23
Property, Plant & Equipment	92.49	70.04	57.69	66.7
Long-Term Investments	-	-	0.9	0.72
Other Intangible Assets	0.24	-	-	-
Long-Term Deferred Tax Assets	23.77	14.54	11.81	10.65
Total Assets	559.87	398.8	300.22	224.3
Accounts Payable	189.97	204.09	141.11	85.68
Accrued Expenses	37.78	31.42	17.06	10.19
Short-Term Debt	89.02	31.21	9.12	26.69
Current Portion of Leases	11.14	29.02	23.73	14.47
Current Income Taxes Payable	18.45	7.42	1.25	-
Current Unearned Revenue	12.28	12.8	7.6	4.84
Other Current Liabilities	90.71	8.14	5.39	6.64
Total Current Liabilities	449.34	324.08	205.24	148.5
Long-Term Debt	0.38	0.41	-	-
Long-Term Leases	66.9	43.36	35	46.86
Other Long-Term Liabilities	4	3.76	3.03	1.97
Total Liabilities	520.62	371.61	243.27	197.33
Retained Earnings	-14.92	-28.23	-33.01	-31.53
Comprehensive Income & Other	50.33	53.51	89.96	58.5
Total Common Equity	35.41	25.28	56.95	26.97
Minority Interest	3.84	1.9	-	-
Shareholders' Equity	39.25	27.19	56.95	26.97
Total Liabilities & Equity	559.87	398.8	300.22	224.3
Total Debt	167.44	103.99	67.84	88.02
Net Cash (Debt)	-130.35	-85.66	-46.37	-79.22
Net Cash Per Share	-0.18	-0.12	-	-
Filing Date Shares Outstanding	100	100	-	-
Total Common Shares Outstanding	100	100	-	-
Working Capital	-5.97	-9.86	24.58	-2.27
Book Value Per Share	0.35	0.25	-	-
Tangible Book Value	35.18	25.28	56.95	26.97
Tangible Book Value Per Share	0.35	0.25	-	-
Machinery	37.43	34.35	26.34	22.32
Construction In Progress	1.45	-	-	-
Order Backlog	345.01	368.66	408.57	284.4

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