HKG:1511 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	113.35	221.73	412.97	263.42
Short-Term Investments	3.11	0.41	0.72	1.69
Trading Asset Securities	1.71	27.12	81.97	50.6
Cash & Short-Term Investments	118.17	249.26	495.65	315.71
Cash Growth	-52.59%	-49.71%	57.00%	-
Accounts Receivable	325.07	256.55	146.96	122.85
Other Receivables	2.6	4.83	0.41	0.7
Receivables	327.67	261.38	147.37	123.56
Inventory	60.09	44.65	68.87	67.78
Restricted Cash	1.21	0.46	0.36	-
Other Current Assets	16.99	4.73	6.43	17.05
Total Current Assets	524.13	560.47	718.68	524.09
Property, Plant & Equipment	44.18	57.25	57.29	63.12
Long-Term Investments	35.2	37.6	56.02	57.59
Other Intangible Assets	14.58	10.41	12.81	1.29
Long-Term Accounts Receivable	1.67	-	-	-
Other Long-Term Assets	10.03	2.05	1.7	1.56
Total Assets	629.79	667.78	846.49	647.64
Accounts Payable	116.65	54.33	46.18	10.43
Accrued Expenses	38.62	26.08	34.83	40.1
Current Portion of Long-Term Debt	124.2	58.46	68.04	33.47
Current Portion of Leases	5.49	4.75	5.47	3.95
Current Income Taxes Payable	22.11	14.06	11.52	4.95
Current Unearned Revenue	16.68	12.66	6.92	1.1
Other Current Liabilities	27.07	19.74	15.97	8.57
Total Current Liabilities	350.81	190.09	188.94	102.56
Long-Term Debt	-	9.9	-	-
Long-Term Leases	11.38	17.51	20.1	23.76
Long-Term Unearned Revenue	-	-	5	8
Long-Term Deferred Tax Liabilities	-	-	0.8	0.84
Total Liabilities	362.19	217.49	214.83	135.16
Common Stock	14.8	14.8	-	-
Additional Paid-In Capital	-	-	14.6	13.99
Retained Earnings	-924.69	-697.97	-1,225	-1,012
Comprehensive Income & Other	1,180	1,138	1,843	1,511
Total Common Equity	269.92	455.08	632.39	512.48
Minority Interest	-2.32	-4.79	-0.72	-
Shareholders' Equity	267.6	450.29	631.66	512.48
Total Liabilities & Equity	629.79	667.78	846.49	647.64
Total Debt	141.07	90.62	93.61	61.17
Net Cash (Debt)	-22.9	158.65	402.05	254.54
Net Cash Growth	-	-60.54%	57.95%	-
Net Cash Per Share	-0.15	1.08	2.80	1.82
Filing Date Shares Outstanding	148.02	148.02	143.54	139.94
Total Common Shares Outstanding	148.02	14.8	143.54	139.94
Working Capital	173.32	370.39	529.75	421.53
Book Value Per Share	1.82	30.74	4.41	3.66
Tangible Book Value	255.35	444.67	619.58	511.19
Tangible Book Value Per Share	1.73	30.04	4.32	3.65
Machinery	102.16	104.79	93.73	80.33
Leasehold Improvements	4.87	4.87	4.65	4.17