HKG:1274 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	378.62	181.11	720.45	365.75	32.04	16.91
Short-Term Investments	11.3	95.77	7.1	-	-	-
Trading Asset Securities	63.5	223.91	228.28	182.41	242.83	24.44
Cash & Short-Term Investments	453.42	500.79	955.83	548.15	274.87	41.36
Cash Growth	-15.49%	-47.61%	74.37%	99.42%	564.67%	-
Accounts Receivable	267.01	222.12	219.09	289.36	111.29	15.25
Other Receivables	1.11	3.43	0.57	0.08	0.05	0.17
Receivables	268.12	225.55	219.66	289.44	111.34	15.42
Inventory	281.64	299.05	256.57	277.91	47.5	9.6
Prepaid Expenses	6.4	10.89	4.43	2.82	0.7	0.21
Restricted Cash	-	34	0.31	0.84	0.83	0.3
Other Current Assets	83.42	78.97	71.57	36.35	10.99	6.7
Total Current Assets	1,093	1,149	1,508	1,155	446.24	73.58
Property, Plant & Equipment	413.23	342.48	128.73	68.11	54.1	23.58
Long-Term Investments	6.78	4.78	3.52	3	3	-
Other Intangible Assets	35.62	38	11.24	4.86	6.96	7.83
Long-Term Deferred Charges	4.06	0.08	-1.22	3.46	5.33	2.23
Other Long-Term Assets	20.01	12.4	21.93	16.47	0.88	-
Total Assets	1,587	1,561	1,673	1,251	516.5	107.22
Accounts Payable	136.93	114.92	185.53	438.42	90.44	6.78
Accrued Expenses	46.38	75.82	36.14	25.63	13.26	10.16
Short-Term Debt	126.12	144.73	201.5	49	35.54	25.03
Current Portion of Leases	0.89	2.95	1.8	3.34	2.55	2.04
Current Income Taxes Payable	2.39	2.76	1.85	8.83	-	-
Current Unearned Revenue	17.63	22.29	10.65	26.55	0.75	11.68
Other Current Liabilities	100.93	112.67	72.48	20.68	14.08	0.41
Total Current Liabilities	431.28	476.13	509.93	572.45	156.62	56.1
Long-Term Debt	240.4	170.17	24.16	-	-	-
Long-Term Leases	0.23	0.55	0.63	1.57	3.37	4.96
Long-Term Unearned Revenue	2.83	3.07	5	7.63	16.99	0.3
Other Long-Term Liabilities	4.2	7.98	9.12	3.28	897.86	162.22
Total Liabilities	678.93	657.9	548.84	584.93	1,075	223.58
Common Stock	241.95	230.76	226.33	10.21	9.09	7.57
Additional Paid-In Capital	1,274	1,075	1,012	666.95	-	-
Retained Earnings	-686.69	-508.74	-220.4	-25.29	-594.7	-130.5
Treasury Stock	-	-	-	-	-465.52	-142.37
Comprehensive Income & Other	78.29	105.61	105.6	14.6	492.79	148.94
Shareholders' Equity	907.94	903.02	1,124	666.47	-558.33	-116.36
Total Liabilities & Equity	1,587	1,561	1,673	1,251	516.5	107.22
Total Debt	367.64	318.4	228.08	53.92	41.45	32.03
Net Cash (Debt)	85.78	182.4	727.74	494.24	233.42	9.33
Net Cash Growth	-63.18%	-74.94%	47.25%	111.73%	2403.20%	-
Net Cash Per Share	0.37	0.81	3.55	2.55	1.41	0.06
Filing Date Shares Outstanding	241.95	230.76	226.33	204.21	165.66	144.41
Total Common Shares Outstanding	241.95	230.76	226.33	10.21	165.66	144.41
Working Capital	661.72	673.13	998.43	583.05	289.62	17.49
Book Value Per Share	3.75	3.91	4.96	65.27	-3.37	-0.81
Tangible Book Value	872.32	865.02	1,112	661.61	-565.3	-124.19
Tangible Book Value Per Share	3.61	3.75	4.92	64.80	-3.41	-0.86
Machinery	95.1	88.64	54.45	41.92	22.52	20.36
Construction In Progress	325.34	251.53	60.61	0.19	-	-
Leasehold Improvements	8.87	8.87	9.24	9.11	6.23	6.02

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