HKG:1351 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	15.49	15.84	45.19	74.03	116.38	97.18
Short-Term Investments	-	-	-	-	104.94	127.57
Cash & Short-Term Investments	15.49	15.84	45.19	74.03	221.32	224.75
Cash Growth	67.92%	-64.94%	-38.96%	-66.55%	-1.52%	123.37%
Accounts Receivable	426.19	293.73	282.15	181.2	333.69	335.07
Other Receivables	11.6	5.89	3.34	4.8	9.12	10.69
Receivables	444.95	309.82	298.62	199.11	353.23	345.77
Restricted Cash	0.36	0.37	4.67	5.95	-	-
Other Current Assets	108.07	112.9	120.79	72.29	-	-
Total Current Assets	568.87	438.93	469.27	351.38	574.55	570.51
Property, Plant & Equipment	3.58	2.73	4.66	3.22	7.55	5.03
Long-Term Investments	6.3	6.3	3	1.39	-	-
Other Intangible Assets	-	0.33	0.99	1.65	-	0.05
Long-Term Deferred Tax Assets	1.39	1.06	0.75	0.55	0.41	0.27
Other Long-Term Assets	0.01	0.01	0.01	0.01	0.81	1.9
Total Assets	580.15	449.36	478.68	358.21	583.32	577.76
Accounts Payable	107.22	47.78	77.87	12.08	118.59	130.47
Accrued Expenses	16.75	18.89	23.8	28.01	20.28	18.48
Short-Term Debt	134.22	105.83	101.52	88.93	-	7.5
Current Portion of Long-Term Debt	24.1	2.95	39.35	2.46	41.1	75
Current Portion of Leases	1.44	1.35	2.23	1.25	2.68	2.26
Current Income Taxes Payable	14.29	18.05	21.09	16.79	16.22	9.89
Current Unearned Revenue	19.52	22.98	12.85	17.8	24	34.21
Other Current Liabilities	31.4	5.02	1.49	3.5	0.68	4.37
Total Current Liabilities	348.93	222.84	280.19	170.81	223.54	282.19
Long-Term Debt	67.34	64.51	31.45	37.31	41	-
Long-Term Leases	1.31	-	0.91	0.11	1.95	1.11
Long-Term Deferred Tax Liabilities	19.74	19.36	18.82	18.46	21.24	-
Total Liabilities	437.31	306.7	331.37	226.68	287.73	283.3
Common Stock	51.7	51.7	42.61	42.61	42.61	42.61
Additional Paid-In Capital	-	60.02	54.95	54.95	56.71	56.71
Retained Earnings	-21.39	3.66	10.15	-4.66	159.63	176.89
Comprehensive Income & Other	112.53	27.28	39.61	38.64	36.65	18.25
Shareholders' Equity	142.83	142.65	147.31	131.53	295.6	294.45
Total Liabilities & Equity	580.15	449.36	478.68	358.21	583.32	577.76
Total Debt	228.39	174.64	175.45	130.05	86.73	85.88
Net Cash (Debt)	-212.9	-158.79	-130.26	-56.02	134.59	138.87
Net Cash Growth	-	-	-	-	-3.08%	111.16%
Net Cash Per Share	-0.38	-0.28	-0.27	-0.12	0.27	0.35
Filing Date Shares Outstanding	600	600	500	500	500	500
Total Common Shares Outstanding	600	600	500	500	500	500
Working Capital	219.94	216.09	189.08	180.58	351.01	288.32
Book Value Per Share	0.24	0.24	0.29	0.26	0.59	0.59
Tangible Book Value	142.83	142.32	146.32	129.88	295.6	294.41
Tangible Book Value Per Share	0.24	0.24	0.29	0.26	0.59	0.59
Machinery	2.97	2.95	3.09	2.85	2.86	2.16
Leasehold Improvements	2.41	2.41	2.24	2.24	2.24	0.64

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