HKG:0805 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	24.95	29.26	14.35	21.47	8.8
Short-Term Investments	29.29	7.83	3.99	-	-
Cash & Short-Term Investments	164.45	37.09	18.33	21.47	8.8
Cash Growth	274.76%	102.32%	-14.60%	144.02%	-
Accounts Receivable	42.7	37.71	39.92	43.04	19.42
Other Receivables	22.57	8.85	2.23	2.23	0.29
Receivables	108.11	46.56	42.15	45.28	19.71
Inventory	272.86	234.24	246.2	157.32	115.14
Prepaid Expenses	-	1.78	2.65	1	0.24
Restricted Cash	182.76	103.14	4.89	4.75	2.35
Other Current Assets	92.45	20.56	-	-	-
Total Current Assets	820.63	443.37	314.22	229.82	146.23
Property, Plant & Equipment	93.17	92.49	70.04	57.69	66.7
Long-Term Investments	-	-	-	0.9	0.72
Other Intangible Assets	0.21	0.24	-	-	-
Long-Term Deferred Tax Assets	29.78	23.77	14.54	11.81	10.65
Total Assets	943.78	559.87	398.8	300.22	224.3
Accounts Payable	240.64	189.97	204.09	141.11	85.68
Accrued Expenses	45.08	37.78	31.42	17.06	10.19
Short-Term Debt	111.83	89.02	31.21	9.12	26.69
Current Portion of Leases	21.59	11.14	29.02	23.73	14.47
Current Income Taxes Payable	23.73	18.45	7.42	1.25	-
Current Unearned Revenue	11.13	12.28	12.8	7.6	4.84
Other Current Liabilities	94.94	90.71	8.14	5.39	6.64
Total Current Liabilities	548.94	449.34	324.08	205.24	148.5
Long-Term Debt	0.27	0.38	0.41	-	-
Long-Term Leases	60.94	66.9	43.36	35	46.86
Other Long-Term Liabilities	3.5	4	3.76	3.03	1.97
Total Liabilities	613.64	520.62	371.61	243.27	197.33
Retained Earnings	50.47	-14.92	-28.23	-33.01	-31.53
Comprehensive Income & Other	275.2	50.33	53.51	89.96	58.5
Total Common Equity	325.85	35.41	25.28	56.95	26.97
Minority Interest	4.29	3.84	1.9	-	-
Shareholders' Equity	330.14	39.25	27.19	56.95	26.97
Total Liabilities & Equity	943.78	559.87	398.8	300.22	224.3
Total Debt	194.62	167.44	103.99	67.84	88.02
Net Cash (Debt)	-30.17	-130.35	-85.66	-46.37	-79.22
Net Cash Per Share	-0.04	-0.18	-0.12	-	-
Filing Date Shares Outstanding	960	720	100	-	-
Total Common Shares Outstanding	960	100	100	-	-
Working Capital	271.69	-5.97	-9.86	24.58	-2.27
Book Value Per Share	0.34	0.35	0.25	-	-
Tangible Book Value	325.64	35.18	25.28	56.95	26.97
Tangible Book Value Per Share	0.34	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.