HKG:1452 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	48.04	18.07	44.26	24.02	71.36	84.97
Short-Term Investments	-	45.25	28.23	48.74	2.98	1.05
Cash & Short-Term Investments	48.04	63.32	72.49	72.76	74.34	86.02
Cash Growth	-26.86%	-12.65%	-0.37%	-2.14%	-13.57%	-32.11%
Accounts Receivable	15.96	17.17	23.44	19.9	50.05	40.21
Other Receivables	-	4.71	2.03	2.62	6.39	8.03
Receivables	15.96	21.87	25.48	22.52	56.44	48.24
Inventory	311.07	297.55	220.2	160.95	122.04	90.72
Restricted Cash	-	-	-	-	5.63	2.37
Other Current Assets	23.03	4.55	6.94	4.67	4.92	5.56
Total Current Assets	398.09	387.28	325.11	260.89	263.36	232.91
Property, Plant & Equipment	47.57	49.37	45.78	53.05	61.21	74.59
Long-Term Investments	0.13	0.13	0.12	0.11	0.09	-
Other Intangible Assets	-	-	-	-	-	2.86
Other Long-Term Assets	0.23	0.15	0.13	0.35	1.14	5.38
Total Assets	446.02	436.92	371.13	314.4	325.79	315.73
Accounts Payable	54.75	33.46	23.18	11.22	13.05	15.67
Accrued Expenses	8.07	4.18	4.92	4.14	4.88	4.03
Short-Term Debt	-	-	-	-	-	0.61
Current Portion of Long-Term Debt	4.03	11.73	2.75	-	-	-
Current Portion of Leases	0.72	1.09	1.46	1.27	1.97	0.51
Current Income Taxes Payable	3.7	3.7	3.7	3.7	3.7	7.55
Current Unearned Revenue	238.71	238.82	161.48	97.62	82.63	43.97
Other Current Liabilities	-	4.19	5.55	3.75	5.4	3.38
Total Current Liabilities	309.98	297.17	203.04	121.69	111.63	75.72
Long-Term Debt	5.63	-	1.74	-	-	-
Long-Term Leases	7	6.85	0.32	1.68	3.97	3.28
Long-Term Unearned Revenue	1.59	1.75	2.05	2.36	2.67	-
Long-Term Deferred Tax Liabilities	-	-	-	-	-	1.29
Total Liabilities	324.19	305.77	207.16	125.72	118.27	80.29
Common Stock	38.51	38.51	31.42	31.42	31.42	31.42
Additional Paid-In Capital	845.82	845.82	849.82	849.82	849.82	849.82
Retained Earnings	-243.48	-236.42	-199.1	-173.66	-150.13	-138.67
Comprehensive Income & Other	-519.02	-516.75	-518.19	-518.91	-523.6	-521.13
Total Common Equity	121.83	131.16	163.97	188.68	207.52	221.45
Minority Interest	-	-	-	-	-	13.99
Shareholders' Equity	121.83	131.16	163.97	188.68	207.52	235.44
Total Liabilities & Equity	446.02	436.92	371.13	314.4	325.79	315.73
Total Debt	17.38	19.67	6.27	2.94	5.93	4.4
Net Cash (Debt)	30.67	43.65	66.22	69.81	68.41	81.62
Net Cash Growth	-40.26%	-34.08%	-5.15%	2.05%	-16.18%	-34.45%
Net Cash Per Share	0.06	0.09	0.13	0.14	0.14	0.17
Filing Date Shares Outstanding	592.84	592.84	494.04	494.04	494.04	494.04
Total Common Shares Outstanding	592.84	592.84	494.04	494.04	494.04	494.04
Working Capital	88.12	90.11	122.06	139.21	151.72	157.19
Book Value Per Share	0.21	0.22	0.33	0.38	0.42	0.45
Tangible Book Value	121.83	131.16	163.97	188.68	207.52	218.59
Tangible Book Value Per Share	0.21	0.22	0.33	0.38	0.42	0.44
Buildings	-	27.66	26.72	26.72	26.72	35.16
Machinery	-	88.61	81.45	80.88	80.12	80.56
Construction In Progress	-	0.39	-	0.46	0.46	0.55
Leasehold Improvements	-	0.79	0.79	0.79	0.79	2.31

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