HKG:1380 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	18.87	8.55	4.66	3.19	7.15	4.25
Short-Term Investments	-	-	-	-	2.76	2.84
Cash & Short-Term Investments	18.87	8.55	4.66	3.19	9.9	7.09
Cash Growth	396.71%	83.66%	46.05%	-67.80%	39.61%	-86.29%
Accounts Receivable	5.83	20.56	24.01	64.31	71.27	78.85
Other Receivables	-	-	-	-	0.37	0.8
Receivables	9.88	20.56	24.01	64.31	72.06	79.66
Inventory	0.41	0.38	0.22	0.14	0.08	0.36
Prepaid Expenses	-	0.02	-	0.02	-	-
Other Current Assets	24.72	12.38	34.45	22.3	0.84	0.57
Total Current Assets	53.88	41.9	63.33	89.95	82.88	87.68
Property, Plant & Equipment	68.23	69.06	115.02	141.24	145.95	176.09
Other Intangible Assets	16.85	16.85	28.05	33.41	33.41	39.76
Other Long-Term Assets	7.14	7.25	5.94	27.64	51.33	51.33
Total Assets	146.1	135.06	212.34	292.24	313.57	354.85
Accounts Payable	3.4	7.42	10.27	37.25	15.94	9
Accrued Expenses	-	33.41	31.59	30.82	20.25	19.02
Short-Term Debt	-	-	10.07	0.99	4.75	8.31
Current Portion of Long-Term Debt	10.32	12.41	5.06	16.7	7.13	-
Current Portion of Leases	0.33	0.71	0.69	0.09	0.09	0.62
Current Income Taxes Payable	-	-	0.46	-	-	-
Current Unearned Revenue	-	0.79	0.2	1.15	1.08	-
Other Current Liabilities	44.73	-	-	-	-	1.33
Total Current Liabilities	58.77	54.73	58.33	87.01	49.24	38.28
Long-Term Debt	-	-	-	1.34	-	-
Long-Term Leases	0.06	0.18	0.42	-	0.08	0.18
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.61
Other Long-Term Liabilities	3.95	3.95	2.7	2.7	2.7	2.7
Total Liabilities	62.78	58.86	61.44	91.04	52.02	41.77
Common Stock	3.03	45.24	30.42	24.44	24.44	24.44
Additional Paid-In Capital	221.64	221.64	225.62	221.14	221.14	221.14
Retained Earnings	-162.84	-212.69	-132.99	-74.16	-12.42	19.33
Comprehensive Income & Other	21.48	22	27.85	29.78	28.39	48.18
Shareholders' Equity	83.32	76.2	150.9	201.2	261.55	313.09
Total Liabilities & Equity	146.1	135.06	212.34	292.24	313.57	354.85
Total Debt	10.71	13.3	16.23	19.13	12.05	9.11
Net Cash (Debt)	8.16	-4.75	-11.58	-15.94	-2.15	-2.02
Net Cash Per Share	0.03	-0.02	-0.08	-0.11	-0.02	-0.01
Filing Date Shares Outstanding	338.1	225.54	174.1	141.6	141.6	141.6
Total Common Shares Outstanding	338.1	225.54	174.1	141.6	141.6	141.6
Working Capital	-4.89	-12.84	5	2.95	33.64	49.39
Book Value Per Share	0.25	0.34	0.87	1.42	1.85	2.21
Tangible Book Value	66.47	59.35	122.85	167.79	228.14	273.33
Tangible Book Value Per Share	0.20	0.26	0.71	1.18	1.61	1.93
Buildings	-	8.86	8.86	8.86	9.23	9.23
Machinery	-	35.04	36.26	63.81	67.81	67.82
Construction In Progress	-	123.06	123.06	123.06	121.8	116.63
Leasehold Improvements	-	4.66	4.54	4.54	6.04	6.04

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.