HKG:1351 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	39.63	15.84	45.19	74.03	116.38
Short-Term Investments	-	-	-	-	104.94
Cash & Short-Term Investments	39.63	15.84	45.19	74.03	221.32
Cash Growth	150.10%	-64.94%	-38.96%	-66.55%	-1.52%
Accounts Receivable	238.05	293.73	282.15	181.2	333.69
Other Receivables	2.46	5.89	3.34	4.8	9.12
Receivables	250.64	309.82	298.62	199.11	353.23
Restricted Cash	0.26	0.37	4.67	5.95	-
Other Current Assets	127.64	112.9	120.79	72.29	-
Total Current Assets	418.16	438.93	469.27	351.38	574.55
Property, Plant & Equipment	3.06	2.73	4.66	3.22	7.55
Long-Term Investments	-	6.3	3	1.39	-
Other Intangible Assets	-	0.33	0.99	1.65	-
Long-Term Deferred Tax Assets	7.63	1.06	0.75	0.55	0.41
Other Long-Term Assets	0.01	0.01	0.01	0.01	0.81
Total Assets	428.87	449.36	478.68	358.21	583.32
Accounts Payable	37.79	47.78	77.87	12.08	118.59
Accrued Expenses	8.25	18.89	23.8	28.01	20.28
Short-Term Debt	132.06	105.83	101.52	88.93	-
Current Portion of Long-Term Debt	51.87	2.95	39.35	2.46	41.1
Current Portion of Leases	1.68	1.35	2.23	1.25	2.68
Current Income Taxes Payable	18.8	18.05	21.09	16.79	16.22
Current Unearned Revenue	19.41	22.98	12.85	17.8	24
Other Current Liabilities	4.31	5.02	1.49	3.5	0.68
Total Current Liabilities	274.17	222.84	280.19	170.81	223.54
Long-Term Debt	37.64	64.51	31.45	37.31	41
Long-Term Leases	0.73	-	0.91	0.11	1.95
Long-Term Deferred Tax Liabilities	20.09	19.36	18.82	18.46	21.24
Total Liabilities	332.63	306.7	331.37	226.68	287.73
Common Stock	51.7	51.7	42.61	42.61	42.61
Additional Paid-In Capital	-	60.02	54.95	54.95	56.71
Retained Earnings	-81.15	3.66	10.15	-4.66	159.63
Comprehensive Income & Other	125.69	27.28	39.61	38.64	36.65
Shareholders' Equity	96.24	142.65	147.31	131.53	295.6
Total Liabilities & Equity	428.87	449.36	478.68	358.21	583.32
Total Debt	223.98	174.64	175.45	130.05	86.73
Net Cash (Debt)	-184.36	-158.79	-130.26	-56.02	134.59
Net Cash Growth	-	-	-	-	-3.08%
Net Cash Per Share	-0.32	-0.28	-0.27	-0.12	0.27
Filing Date Shares Outstanding	600	600	500	500	500
Total Common Shares Outstanding	600	600	500	500	500
Working Capital	143.99	216.09	189.08	180.58	351.01
Book Value Per Share	0.16	0.24	0.29	0.26	0.59
Tangible Book Value	96.24	142.32	146.32	129.88	295.6
Tangible Book Value Per Share	0.16	0.24	0.29	0.26	0.59
Machinery	-	2.95	3.09	2.85	2.86
Leasehold Improvements	-	2.41	2.24	2.24	2.24

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