HKG:1280 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	24.99	27.68	162.3	8.36	14.62	36.46
Short-Term Investments	1.6	1.53	2.64	0.86	0.65	0.81
Cash & Short-Term Investments	26.59	29.2	164.94	9.21	15.27	37.27
Cash Growth	-14.71%	-82.30%	1690.12%	-39.66%	-59.03%	52.79%
Accounts Receivable	21.19	8.4	3.76	3.96	6.77	10.7
Other Receivables	1.9	2.54	1.33	1.72	21.33	31.18
Receivables	23.08	10.93	5.09	5.68	28.1	41.88
Inventory	49.19	44.88	56.39	41.65	51.47	56.06
Other Current Assets	24	50.35	41.08	44.38	36.34	36.86
Total Current Assets	122.87	135.37	267.51	100.92	131.17	172.07
Property, Plant & Equipment	25.5	26.86	21.97	103.17	194.6	190.14
Long-Term Investments	0.62	0.71	-	0.6	0.6	0.6
Goodwill	301.63	301.63	-	-	-	-
Other Intangible Assets	-	-	-	0.72	1.04	1.19
Long-Term Deferred Tax Assets	4.18	4.1	-	-	-	-
Other Long-Term Assets	-	-	24.19	33.04	33.06	50.67
Total Assets	585.17	596.13	313.66	238.44	360.47	414.66
Accounts Payable	34.19	33.56	36.56	123.82	127.72	127.2
Accrued Expenses	26.28	35.25	66.98	29.55	30.27	12.66
Short-Term Debt	-	-	-	-	-	25.45
Current Portion of Long-Term Debt	-	9.48	-	8.89	135.05	27.58
Current Portion of Leases	6.72	8.89	10.43	10.58	16.78	17.32
Current Unearned Revenue	68.93	71.67	48.48	19.12	19.28	26.13
Other Current Liabilities	96.15	95.45	84.52	75.12	65.04	76.08
Total Current Liabilities	232.27	254.3	246.97	267.06	394.14	312.41
Long-Term Debt	129.82	100.29	471.19	433.35	270.63	373.03
Long-Term Leases	10.74	10.59	11.32	8.43	28.11	34.05
Long-Term Deferred Tax Liabilities	0.26	0.26	-	-	-	-
Other Long-Term Liabilities	20.44	20.44	0.28	0.31	0.49	0.65
Total Liabilities	393.52	385.88	729.76	709.15	693.37	720.13
Common Stock	254.04	253.13	29.17	29.17	29.17	24.51
Additional Paid-In Capital	4,513	4,509	1,885	1,885	1,885	1,855
Retained Earnings	-4,643	-4,624	-2,402	-2,458	-2,322	-2,262
Comprehensive Income & Other	59.55	61.04	55.4	55.4	55.4	55.4
Total Common Equity	182.95	198.88	-432.65	-488.5	-351.74	-326.45
Minority Interest	8.7	11.37	16.55	17.79	18.84	20.99
Shareholders' Equity	191.64	210.25	-416.1	-470.72	-332.89	-305.47
Total Liabilities & Equity	585.17	596.13	313.66	238.44	360.47	414.66
Total Debt	147.28	129.25	492.94	461.24	450.57	477.42
Net Cash (Debt)	-120.68	-100.05	-328	-452.03	-435.3	-440.15
Net Cash Per Share	-0.08	-0.11	-1.50	-2.06	-2.13	-2.92
Filing Date Shares Outstanding	1,812	1,806	219.28	219.28	219.28	182.73
Total Common Shares Outstanding	1,812	1,806	219.28	219.28	219.28	182.73
Working Capital	-109.4	-118.94	20.53	-166.15	-262.97	-140.34
Book Value Per Share	0.10	0.11	-1.97	-2.23	-1.60	-1.79
Tangible Book Value	-118.68	-102.74	-432.65	-489.22	-352.77	-327.65
Tangible Book Value Per Share	-0.07	-0.06	-1.97	-2.23	-1.61	-1.79
Buildings	-	6.14	8.55	125.59	177.03	167.86
Machinery	-	3.53	2.18	12.95	25.95	27.58
Construction In Progress	-	0.09	-	-	-	-
Leasehold Improvements	-	-	-	4.22	4.22	4.22

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