HKG:1354 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	445.52	426.89	258.48	207.87	249.24
Short-Term Investments	19.81	6.84	4.7	3.15	-
Cash & Short-Term Investments	465.33	433.73	263.18	211.02	249.24
Cash Growth	7.28%	64.81%	24.72%	-15.33%	-
Accounts Receivable	313.02	218.18	209.78	202.92	119.31
Other Receivables	10.36	0.08	1.67	13.45	19.51
Receivables	323.38	218.25	211.45	216.37	138.82
Inventory	0.26	0.33	0.84	1.32	1.19
Other Current Assets	50.71	36.21	53.28	30.86	6.19
Total Current Assets	839.67	688.53	528.75	459.57	395.44
Property, Plant & Equipment	105.77	86.73	53.01	50.14	46.34
Goodwill	1.77	1.77	1.77	1.77	-
Other Intangible Assets	7.11	7.47	7.42	5.81	4.38
Long-Term Deferred Tax Assets	15.41	13.06	12.39	11.52	9.81
Other Long-Term Assets	2.32	9.11	46.54	10.28	18.1
Total Assets	972.04	806.67	649.87	539.08	474.06
Accounts Payable	265.73	157.46	119.13	52.36	42.97
Accrued Expenses	163.78	154.28	145.29	137.5	128.13
Short-Term Debt	-	-	37.85	87.69	15.41
Current Portion of Leases	1.37	1.21	0.68	-	1.34
Current Income Taxes Payable	2.23	4.43	4.2	12.88	7.13
Current Unearned Revenue	48.42	37.31	38.98	25.88	24.3
Other Current Liabilities	158.13	185.35	164.25	136.5	125.37
Total Current Liabilities	639.65	540.03	510.37	452.81	344.64
Long-Term Debt	-	-	-	-	12
Long-Term Leases	0.76	0.08	0.28	-	-
Long-Term Unearned Revenue	0.74	0.91	1.2	0.79	0.86
Other Long-Term Liabilities	2.6	2.6	16.06	16.06	16.06
Total Liabilities	643.76	543.62	527.91	469.67	373.56
Common Stock	66.67	66.67	50	50	42.72
Retained Earnings	-	125.94	66.91	17.18	36.77
Comprehensive Income & Other	253.29	63.4	0.08	-	18.12
Total Common Equity	319.96	256	116.98	67.18	97.61
Minority Interest	8.32	7.04	4.98	2.24	2.89
Shareholders' Equity	328.28	263.04	121.96	69.42	100.5
Total Liabilities & Equity	972.04	806.67	649.87	539.08	474.06
Total Debt	2.13	1.29	38.8	87.69	28.75
Net Cash (Debt)	463.2	432.45	224.38	123.33	220.5
Net Cash Growth	7.11%	92.73%	81.94%	-44.07%	-
Net Cash Per Share	6.95	7.42	4.49	2.61	5.16
Filing Date Shares Outstanding	66.67	66.67	50	47.27	42.72
Total Common Shares Outstanding	66.67	66.67	50	47.27	42.72
Working Capital	200.02	148.5	18.38	6.76	50.79
Book Value Per Share	4.80	3.84	2.34	1.42	2.29
Tangible Book Value	311.08	246.77	107.8	59.6	93.23
Tangible Book Value Per Share	4.67	3.70	2.16	1.26	2.18
Buildings	-	38.83	-	-	-
Machinery	-	100.5	97.03	85.56	73.59
Leasehold Improvements	-	0.47	0.47	0.47	-

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