HKG:1239 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	23.2	39.92	19.29	33.27	52.67
Short-Term Investments	6.41	16.18	7.61	4.08	6
Cash & Short-Term Investments	29.61	56.1	26.9	37.34	58.67
Cash Growth	-47.21%	108.56%	-27.97%	-36.36%	94.82%
Accounts Receivable	12.52	62.33	138.97	189.76	169.08
Other Receivables	16.47	6.12	4.34	0.84	0.55
Receivables	48.32	90.45	145.96	193.18	169.64
Inventory	14.99	22.85	28.58	14.13	17.07
Total Current Assets	92.92	169.4	201.43	244.66	245.38
Property, Plant & Equipment	24.09	42.09	56.37	43.59	46.64
Long-Term Deferred Tax Assets	0.29	0.03	0.94	0.94	0.01
Other Long-Term Assets	59.38	60.08	60.4	59.86	54.88
Total Assets	176.67	271.6	319.13	349.04	346.92
Accounts Payable	18.89	67.96	44.34	55.74	57.23
Accrued Expenses	7.69	11.93	10.57	8.8	6.52
Short-Term Debt	294.08	307.07	259.98	32.68	30.94
Current Portion of Long-Term Debt	0.1	-	-	221.45	173.3
Current Portion of Leases	1.53	1.43	2.25	0.78	0.69
Current Income Taxes Payable	0.49	0.52	0.73	0.74	0.84
Current Unearned Revenue	3.02	2.79	0.22	0.09	0.11
Other Current Liabilities	18.84	5.52	5.38	8.7	3.41
Total Current Liabilities	344.64	397.21	323.48	328.99	273.04
Long-Term Debt	159.27	178.5	191.74	161.94	146.75
Long-Term Leases	0.94	1.96	1.27	0.76	1.37
Pension & Post-Retirement Benefits	0.11	-	-	-	-
Long-Term Deferred Tax Liabilities	-	0.13	1.06	2.68	2.69
Total Liabilities	504.95	577.8	517.55	494.36	423.85
Common Stock	3.52	3.52	27.08	22.49	22.49
Additional Paid-In Capital	253.02	253.02	241.26	235.29	235.29
Retained Earnings	-540.22	-507.67	-427.47	-359.17	-309.57
Comprehensive Income & Other	-46.13	-60.94	-47.24	-43.93	-25.14
Total Common Equity	-329.81	-312.06	-206.36	-145.33	-76.94
Minority Interest	1.53	5.87	7.94	-	-
Shareholders' Equity	-328.28	-306.19	-198.42	-145.33	-76.94
Total Liabilities & Equity	176.67	271.6	319.13	349.04	346.92
Total Debt	455.92	488.96	455.25	417.62	353.04
Net Cash (Debt)	-426.3	-432.86	-428.35	-380.27	-294.37
Net Cash Per Share	-1.08	-1.32	-2.31	-2.31	-1.79
Filing Date Shares Outstanding	394.56	394.56	197.28	164.67	164.67
Total Common Shares Outstanding	394.56	394.56	197.28	164.67	164.67
Working Capital	-251.72	-227.81	-122.05	-84.33	-27.66
Book Value Per Share	-0.84	-0.79	-1.05	-0.88	-0.47
Tangible Book Value	-329.81	-312.06	-206.36	-145.33	-76.94
Tangible Book Value Per Share	-0.84	-0.79	-1.05	-0.88	-0.47
Buildings	20.04	38.56	37.02	36.67	33.55
Machinery	108.88	100.81	81.46	79.71	80.66
Construction In Progress	-	-	7.19	0.01	2.69
Leasehold Improvements	3.61	3.61	2.78	2.72	1.62