HKG:1121 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	FY 2020
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	Dec '20 Dec 31, 2020
Cash & Equivalents	23.68	31.86	142.64	354.72	135.79	0.63
Short-Term Investments	-	1.39	2.04	-	-	-
Trading Asset Securities	-	-	0.1	-	-	-
Cash & Short-Term Investments	23.68	33.25	144.78	354.72	135.79	0.63
Cash Growth	-70.77%	-77.03%	-59.19%	161.22%	21627.04%	-84.76%
Accounts Receivable	63.86	144.3	155.32	101.58	88.34	44.45
Other Receivables	-	42.18	38.15	18.06	30.03	3.63
Receivables	63.86	186.47	193.47	119.65	118.37	48.09
Inventory	116.06	118.37	138.18	179.39	110.66	39.13
Other Current Assets	75.22	30.8	46.43	54.29	50.99	14.96
Total Current Assets	278.82	368.89	522.86	708.05	415.81	102.8
Property, Plant & Equipment	243.63	260.85	275.05	137.31	93.88	32.66
Long-Term Deferred Charges	0.02	0.02	0.04	3.72	0.88	0.15
Other Long-Term Assets	66.02	66.42	66.04	66.25	66.12	60.03
Total Assets	659.48	696.18	864	915.34	576.69	195.64
Accounts Payable	42.46	71.89	79.59	94.42	88.87	65.71
Accrued Expenses	-	17.61	18.15	24.27	23.58	12.04
Short-Term Debt	171.2	100.2	100.2	91	100.44	130.14
Current Portion of Leases	26.72	26.01	21.42	1.72	2.33	0.13
Current Income Taxes Payable	0.06	0.53	0.4	2.18	1.4	-
Current Unearned Revenue	13.59	17.26	12.14	20.06	4.61	-
Other Current Liabilities	82.27	44.14	29.44	18.85	47.26	26.89
Total Current Liabilities	336.29	277.64	261.34	252.5	268.47	234.9
Long-Term Debt	5.18	-	-	-	-	-
Long-Term Leases	12.1	25.63	47.28	0.11	2.14	0.21
Long-Term Unearned Revenue	5.5	6.03	9.19	12.57	16.21	-
Long-Term Deferred Tax Liabilities	4.42	4.49	5.19	5.36	5.02	5.42
Total Liabilities	363.49	313.8	323	270.54	291.85	240.53
Common Stock	120.79	120.79	120.96	113.8	110.61	99.31
Additional Paid-In Capital	1,512	1,512	1,519	1,462	1,058	735.81
Retained Earnings	-1,825	-1,670	-1,396	-1,086	-921.03	-930.44
Treasury Stock	-	-	-4.33	-	-	-
Comprehensive Income & Other	488.62	420.19	300.73	155.12	37.28	50.43
Shareholders' Equity	295.99	382.39	540.99	644.8	284.84	-44.89
Total Liabilities & Equity	659.48	696.18	864	915.34	576.69	195.64
Total Debt	215.2	151.85	168.9	92.83	104.91	130.48
Net Cash (Debt)	-191.52	-118.6	-24.12	261.9	30.88	-129.86
Net Cash Growth	-	-	-	748.01%	-	-
Net Cash Per Share	-0.11	-0.07	-0.01	0.15	0.02	-0.09
Filing Date Shares Outstanding	1,813	1,813	1,814	1,712	1,662	1,487
Total Common Shares Outstanding	1,813	1,813	1,814	1,712	1,662	1,487
Working Capital	-57.47	91.25	261.52	455.55	147.34	-132.1
Book Value Per Share	0.16	0.21	0.30	0.38	0.17	-0.03
Tangible Book Value	295.99	382.39	540.99	644.8	284.84	-44.89
Tangible Book Value Per Share	0.16	0.21	0.30	0.38	0.17	-0.03
Buildings	-	69.53	69.39	69.25	45.24	45.24
Machinery	-	194.37	172.29	104.02	75.1	42.19
Construction In Progress	-	45.14	40.36	20.99	21.34	-
Leasehold Improvements	-	22.66	20.8	17.64	17.17	18.67

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.