HKG:0805 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	247.65	29.26	14.35	21.47	8.8
Short-Term Investments	4.63	7.83	3.99	-	-
Trading Asset Securities	51.03	-	-	-	-
Cash & Short-Term Investments	303.31	37.09	18.33	21.47	8.8
Cash Growth	717.79%	102.32%	-14.60%	144.02%	-
Accounts Receivable	31.31	37.71	39.92	43.04	19.42
Other Receivables	73.75	8.85	2.23	2.23	0.29
Receivables	143.31	46.56	42.15	45.28	19.71
Inventory	251.08	234.24	246.2	157.32	115.14
Prepaid Expenses	-	1.78	2.65	1	0.24
Restricted Cash	17.85	103.14	4.89	4.75	2.35
Other Current Assets	16.94	20.56	-	-	-
Total Current Assets	732.5	443.37	314.22	229.82	146.23
Property, Plant & Equipment	88.19	92.49	70.04	57.69	66.7
Long-Term Investments	-	-	-	0.9	0.72
Goodwill	2.6	-	-	-	-
Other Intangible Assets	0.24	0.24	-	-	-
Long-Term Deferred Tax Assets	27.15	23.77	14.54	11.81	10.65
Other Long-Term Assets	1.91	-	-	-	-
Total Assets	852.58	559.87	398.8	300.22	224.3
Accounts Payable	213.7	189.97	204.09	141.11	85.68
Accrued Expenses	37.74	37.78	31.42	17.06	10.19
Short-Term Debt	142.21	89.02	31.21	9.12	26.69
Current Portion of Leases	10.27	11.14	29.02	23.73	14.47
Current Income Taxes Payable	9.11	18.45	7.42	1.25	-
Current Unearned Revenue	14.61	12.28	12.8	7.6	4.84
Other Current Liabilities	18.83	90.71	8.14	5.39	6.64
Total Current Liabilities	446.47	449.34	324.08	205.24	148.5
Long-Term Debt	0.81	0.38	0.41	-	-
Long-Term Leases	56.23	66.9	43.36	35	46.86
Other Long-Term Liabilities	4.84	4	3.76	3.03	1.97
Total Liabilities	508.35	520.62	371.61	243.27	197.33
Common Stock	0.17	-	-	-	-
Retained Earnings	-	-14.92	-28.23	-33.01	-31.53
Comprehensive Income & Other	338.75	50.33	53.51	89.96	58.5
Total Common Equity	338.92	35.41	25.28	56.95	26.97
Minority Interest	5.31	3.84	1.9	-	-
Shareholders' Equity	344.23	39.25	27.19	56.95	26.97
Total Liabilities & Equity	852.58	559.87	398.8	300.22	224.3
Total Debt	209.52	167.44	103.99	67.84	88.02
Net Cash (Debt)	93.79	-130.35	-85.66	-46.37	-79.22
Net Cash Per Share	0.10	-0.18	-0.12	-	-
Filing Date Shares Outstanding	961.46	720	100	-	-
Total Common Shares Outstanding	961.46	100	100	-	-
Working Capital	286.03	-5.97	-9.86	24.58	-2.27
Book Value Per Share	0.35	0.35	0.25	-	-
Tangible Book Value	336.09	35.18	25.28	56.95	26.97
Tangible Book Value Per Share	0.35	0.35	0.25	-	-
Machinery	-	37.43	34.35	26.34	22.32
Construction In Progress	-	1.45	-	-	-
Order Backlog	483.53	345.01	368.66	408.57	284.4

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