HKG:1380 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	37.22	8.55	4.66	3.19	7.15
Short-Term Investments	-	-	-	-	2.76
Cash & Short-Term Investments	37.22	8.55	4.66	3.19	9.9
Cash Growth	335.31%	83.66%	46.05%	-67.80%	39.61%
Accounts Receivable	8.85	20.56	24.01	64.31	71.27
Other Receivables	-	-	-	-	0.37
Receivables	12.12	20.56	24.01	64.31	72.06
Inventory	0.61	0.38	0.22	0.14	0.08
Prepaid Expenses	-	0.02	-	0.02	-
Other Current Assets	22.21	12.38	34.45	22.3	0.84
Total Current Assets	72.16	41.9	63.33	89.95	82.88
Property, Plant & Equipment	71.48	69.06	115.02	141.24	145.95
Other Intangible Assets	16.85	16.85	28.05	33.41	33.41
Other Long-Term Assets	7.07	7.25	5.94	27.64	51.33
Total Assets	167.57	135.06	212.34	292.24	313.57
Accounts Payable	7.47	7.42	10.27	37.25	15.94
Accrued Expenses	-	33.41	31.59	30.82	20.25
Short-Term Debt	-	-	10.07	0.99	4.75
Current Portion of Long-Term Debt	6.54	12.41	5.06	16.7	7.13
Current Portion of Leases	0.65	0.71	0.69	0.09	0.09
Current Income Taxes Payable	0.55	-	0.46	-	-
Current Unearned Revenue	-	0.79	0.2	1.15	1.08
Other Current Liabilities	46.66	-	-	-	-
Total Current Liabilities	61.86	54.73	58.33	87.01	49.24
Long-Term Debt	-	-	-	1.34	-
Long-Term Leases	2.93	0.18	0.42	-	0.08
Other Long-Term Liabilities	3.95	3.95	2.7	2.7	2.7
Total Liabilities	68.73	58.86	61.44	91.04	52.02
Common Stock	4.52	45.24	30.42	24.44	24.44
Additional Paid-In Capital	-	221.64	225.62	221.14	221.14
Retained Earnings	-	-212.69	-132.99	-74.16	-12.42
Comprehensive Income & Other	94.32	22	27.85	29.78	28.39
Shareholders' Equity	98.84	76.2	150.9	201.2	261.55
Total Liabilities & Equity	167.57	135.06	212.34	292.24	313.57
Total Debt	10.11	13.3	16.23	19.13	12.05
Net Cash (Debt)	27.12	-4.75	-11.58	-15.94	-2.15
Net Cash Per Share	0.08	-0.02	-0.08	-0.11	-0.02
Filing Date Shares Outstanding	433.54	225.54	174.1	141.6	141.6
Total Common Shares Outstanding	433.54	225.54	174.1	141.6	141.6
Working Capital	10.3	-12.84	5	2.95	33.64
Book Value Per Share	0.23	0.34	0.87	1.42	1.85
Tangible Book Value	81.99	59.35	122.85	167.79	228.14
Tangible Book Value Per Share	0.19	0.26	0.71	1.18	1.61
Buildings	-	8.86	8.86	8.86	9.23
Machinery	-	35.04	36.26	63.81	67.81
Construction In Progress	-	123.06	123.06	123.06	121.8
Leasehold Improvements	-	4.66	4.54	4.54	6.04

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