HKG:1121 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	10.75	31.86	142.64	354.72	135.79
Short-Term Investments	-	1.39	2.04	-	-
Trading Asset Securities	-	-	0.1	-	-
Cash & Short-Term Investments	10.75	33.25	144.78	354.72	135.79
Cash Growth	-67.66%	-77.03%	-59.19%	161.22%	21627.04%
Accounts Receivable	80.48	144.3	155.32	101.58	88.34
Other Receivables	0.18	42.18	38.15	18.06	30.03
Receivables	80.66	186.47	193.47	119.65	118.37
Inventory	83.96	118.37	138.18	179.39	110.66
Other Current Assets	68.82	30.8	46.43	54.29	50.99
Total Current Assets	244.18	368.89	522.86	708.05	415.81
Property, Plant & Equipment	221.49	260.85	275.05	137.31	93.88
Long-Term Investments	71	-	-	-	-
Long-Term Deferred Charges	0.01	0.02	0.04	3.72	0.88
Other Long-Term Assets	65.93	66.42	66.04	66.25	66.12
Total Assets	602.61	696.18	864	915.34	576.69
Accounts Payable	54.14	71.89	79.59	94.42	88.87
Accrued Expenses	-	17.61	18.15	24.27	23.58
Short-Term Debt	105.27	100.2	100.2	91	100.44
Current Portion of Leases	23.41	26.01	21.42	1.72	2.33
Current Income Taxes Payable	-	0.53	0.4	2.18	1.4
Current Unearned Revenue	30.33	17.26	12.14	20.06	4.61
Other Current Liabilities	86.59	44.14	29.44	18.85	47.26
Total Current Liabilities	299.74	277.64	261.34	252.5	268.47
Long-Term Debt	21.97	-	-	-	-
Long-Term Leases	4.29	25.63	47.28	0.11	2.14
Long-Term Unearned Revenue	4.99	6.03	9.19	12.57	16.21
Long-Term Deferred Tax Liabilities	4.43	4.49	5.19	5.36	5.02
Total Liabilities	335.42	313.8	323	270.54	291.85
Common Stock	128.67	120.79	120.96	113.8	110.61
Additional Paid-In Capital	-	1,512	1,519	1,462	1,058
Retained Earnings	-	-1,670	-1,396	-1,086	-921.03
Treasury Stock	-	-	-4.33	-	-
Comprehensive Income & Other	138.52	420.19	300.73	155.12	37.28
Shareholders' Equity	267.19	382.39	540.99	644.8	284.84
Total Liabilities & Equity	602.61	696.18	864	915.34	576.69
Total Debt	154.93	151.85	168.9	92.83	104.91
Net Cash (Debt)	-144.18	-118.6	-24.12	261.9	30.88
Net Cash Growth	-	-	-	748.01%	-
Net Cash Per Share	-0.08	-0.07	-0.01	0.15	0.02
Filing Date Shares Outstanding	1,924	1,813	1,814	1,712	1,662
Total Common Shares Outstanding	1,924	1,813	1,814	1,712	1,662
Working Capital	-55.56	91.25	261.52	455.55	147.34
Book Value Per Share	0.14	0.21	0.30	0.38	0.17
Tangible Book Value	267.19	382.39	540.99	644.8	284.84
Tangible Book Value Per Share	0.14	0.21	0.30	0.38	0.17
Buildings	-	69.53	69.39	69.25	45.24
Machinery	-	194.37	172.29	104.02	75.1
Construction In Progress	-	45.14	40.36	20.99	21.34
Leasehold Improvements	-	22.66	20.8	17.64	17.17

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.