HKG:1239 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	16.58	39.92	19.29	33.27	52.67	23.88
Short-Term Investments	19.48	16.18	7.61	4.08	6	4.24
Trading Asset Securities	-	-	-	-	-	2
Cash & Short-Term Investments	36.07	56.1	26.9	37.34	58.67	30.12
Cash Growth	-18.36%	108.56%	-27.97%	-36.36%	94.82%	-39.44%
Accounts Receivable	73.43	86.2	138.97	189.76	169.08	225.18
Other Receivables	1.43	6.12	4.34	0.84	0.55	0.3
Receivables	74.85	90.45	145.96	193.18	169.64	225.48
Inventory	19.2	22.85	28.58	14.13	17.07	16.63
Total Current Assets	130.12	169.4	201.43	244.66	245.38	272.23
Property, Plant & Equipment	45.14	42.09	56.37	43.59	46.64	60.8
Long-Term Deferred Tax Assets	0.03	0.03	0.94	0.94	0.01	0.01
Other Long-Term Assets	63.09	60.08	60.4	59.86	54.88	96.13
Total Assets	238.38	271.6	319.13	349.04	346.92	429.17
Accounts Payable	63.71	67.96	44.34	55.74	57.23	60
Accrued Expenses	-	11.93	10.57	8.8	6.52	9.49
Short-Term Debt	-	71.13	33.2	32.68	30.94	26.66
Current Portion of Long-Term Debt	298.34	235.94	226.78	221.45	173.3	92.81
Current Portion of Leases	1.45	1.43	2.25	0.78	0.69	2.88
Current Income Taxes Payable	0.48	0.52	0.73	0.74	0.84	2.17
Current Unearned Revenue	-	2.79	0.22	0.09	0.11	0.12
Other Current Liabilities	16.74	5.52	5.38	8.7	3.41	3.52
Total Current Liabilities	380.72	397.21	323.48	328.99	273.04	197.65
Long-Term Debt	171.45	178.5	191.74	161.94	146.75	267.54
Long-Term Leases	1.18	1.96	1.27	0.76	1.37	0.75
Long-Term Deferred Tax Liabilities	0.08	0.13	1.06	2.68	2.69	3.16
Total Liabilities	553.43	577.8	517.55	494.36	423.85	469.1
Common Stock	3.52	3.52	27.08	22.49	22.49	22.49
Additional Paid-In Capital	253.02	253.02	241.26	235.29	235.29	235.29
Retained Earnings	-528.75	-507.67	-427.47	-359.17	-309.57	-278.68
Comprehensive Income & Other	-50.37	-60.94	-47.24	-43.93	-25.14	-19.03
Total Common Equity	-322.59	-312.06	-206.36	-145.33	-76.94	-39.93
Minority Interest	7.53	5.87	7.94	-	-	-
Shareholders' Equity	-315.05	-306.19	-198.42	-145.33	-76.94	-39.93
Total Liabilities & Equity	238.38	271.6	319.13	349.04	346.92	429.17
Total Debt	472.42	488.96	455.25	417.62	353.04	390.64
Net Cash (Debt)	-436.35	-432.86	-428.35	-380.27	-294.37	-360.53
Net Cash Per Share	-1.11	-1.32	-2.31	-2.31	-1.79	-2.87
Filing Date Shares Outstanding	394.56	394.56	197.28	164.67	164.67	164.67
Total Common Shares Outstanding	394.56	394.56	197.28	164.67	164.67	164.67
Working Capital	-250.6	-227.81	-122.05	-84.33	-27.66	74.57
Book Value Per Share	-0.82	-0.79	-1.05	-0.88	-0.47	-0.24
Tangible Book Value	-322.59	-312.06	-206.36	-145.33	-76.94	-39.93
Tangible Book Value Per Share	-0.82	-0.79	-1.05	-0.88	-0.47	-0.24
Buildings	-	38.56	37.02	36.67	33.55	40.1
Machinery	-	100.81	81.46	79.71	80.66	105.79
Construction In Progress	-	-	7.19	0.01	2.69	0.04
Leasehold Improvements	-	3.61	2.78	2.72	1.62	1.68

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