HKG:1518 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	230.26	354.52	304.31	226.08	223.84
Short-Term Investments	54.66	2.03	3.54	3.56	-
Cash & Short-Term Investments	284.92	356.55	307.85	229.64	223.84
Cash Growth	-20.09%	15.82%	34.06%	2.59%	-25.91%
Accounts Receivable	43.94	72.41	78.29	62.3	173.98
Other Receivables	-1.77	1.08	2.32	14.41	9.86
Receivables	42.17	73.49	80.76	77.6	206.47
Inventory	19.88	20.28	25.55	29.63	25.56
Restricted Cash	-	-	20	-	-
Other Current Assets	9.89	10.1	9.34	6.78	5.56
Total Current Assets	356.86	460.42	443.49	343.65	461.43
Property, Plant & Equipment	160.08	223.34	240.12	291.55	385.94
Long-Term Investments	15.34	14.09	12.19	12.63	1.81
Goodwill	111.7	124.24	124.24	124.24	157.84
Other Intangible Assets	97.06	112.41	119.53	125.77	255.15
Long-Term Deferred Tax Assets	0.78	0.88	0.86	0.69	0.6
Other Long-Term Assets	3.51	3.76	3.96	2.86	8.13
Total Assets	745.32	939.13	944.39	901.38	1,271
Accounts Payable	26.8	31.93	46.43	44.64	30.11
Accrued Expenses	51.51	69.66	74.66	91.71	57.24
Current Portion of Leases	70.3	58.77	56.97	35.91	36.74
Current Income Taxes Payable	0.68	3.4	16.38	9.78	5.85
Current Unearned Revenue	35.38	23.27	27.53	19.48	30.4
Other Current Liabilities	92.98	105.25	114.01	132.29	130.84
Total Current Liabilities	277.65	292.28	335.98	333.81	291.18
Long-Term Leases	95.94	127.06	149.1	181.11	243.5
Long-Term Deferred Tax Liabilities	17.76	10.92	7.55	25.11	51.98
Total Liabilities	391.35	430.26	492.63	540.03	586.66
Common Stock	0.34	0.34	0.34	0.34	0.34
Additional Paid-In Capital	2,580	2,590	2,606	2,606	2,606
Retained Earnings	-618.99	-503.68	-551.05	-635.22	-337.48
Comprehensive Income & Other	-1,533	-1,533	-1,533	-1,533	-1,532
Total Common Equity	428.79	553.83	522.28	438.26	737.46
Minority Interest	-74.81	-44.95	-70.53	-76.91	-53.22
Shareholders' Equity	353.97	508.88	451.76	361.35	684.24
Total Liabilities & Equity	745.32	939.13	944.39	901.38	1,271
Total Debt	166.24	185.83	206.07	217.02	280.24
Net Cash (Debt)	118.68	170.72	101.78	12.63	-56.4
Net Cash Growth	-30.48%	67.75%	706.14%	-	-
Net Cash Per Share	0.25	0.35	0.21	0.03	-0.12
Filing Date Shares Outstanding	483.18	483.18	483.18	490.03	490.03
Total Common Shares Outstanding	483.18	483.18	483.18	490.03	490.03
Working Capital	79.21	168.14	107.51	9.84	170.25
Book Value Per Share	0.89	1.15	1.08	0.89	1.50
Tangible Book Value	220.03	317.18	278.51	188.26	324.47
Tangible Book Value Per Share	0.46	0.66	0.58	0.38	0.66
Buildings	-	-	-	-	196.93
Machinery	155.2	155.21	147.22	148.04	147.39
Leasehold Improvements	188.13	186.78	186.07	184.39	-

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