HKG:1532 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	39.61	63.59	49.46	47.55	99.66	48.91
Short-Term Investments	1.65	3.58	1.04	3.2	1.38	1
Cash & Short-Term Investments	41.25	67.17	50.5	50.75	101.04	49.91
Cash Growth	10.82%	33.01%	-0.50%	-49.78%	102.44%	-37.03%
Accounts Receivable	54.42	9.81	37.17	58.4	43.61	65.11
Other Receivables	20.27	2.9	8.05	10.09	4.58	4.18
Receivables	74.69	12.71	45.22	68.49	48.19	69.29
Inventory	55.93	22.16	23.34	26.77	14.81	14.12
Other Current Assets	9.32	97.52	14.26	6.72	6.03	2.4
Total Current Assets	181.19	199.56	133.31	152.73	170.08	135.72
Property, Plant & Equipment	161.51	160.06	212.44	212.92	192.2	226.97
Long-Term Investments	0.1	0.1	2.46	7.6	1.81	5.56
Goodwill	-	-	8.37	8.37	-	-
Other Intangible Assets	2.63	3.26	4.52	8.43	9.03	-
Long-Term Accounts Receivable	2.97	2.88	-	-	9.02	6.78
Long-Term Deferred Tax Assets	16.97	17.52	21.78	24.23	26.89	26.17
Other Long-Term Assets	32.89	33.73	69.61	83.75	78.13	58.92
Total Assets	398.26	417.11	452.48	498.03	487.15	460.11
Accounts Payable	45.92	10.18	9.11	4.76	9.14	9.14
Accrued Expenses	14.41	10.62	9.76	7.48	6.36	3.4
Short-Term Debt	8	18	8.18	71.93	89.33	81.43
Current Portion of Leases	5.39	2.97	-	6.16	5.74	2.19
Current Income Taxes Payable	-	1.26	2.55	-	1.4	0.72
Current Unearned Revenue	2.25	2.59	0.05	0.3	0.95	0.17
Other Current Liabilities	1.79	2.54	11.2	2.17	3.54	6.03
Total Current Liabilities	77.75	48.15	40.84	92.79	116.45	103.08
Long-Term Leases	7.74	5.02	-	-	6.16	5.51
Long-Term Deferred Tax Liabilities	0.09	0.25	0.57	0.88	-	-
Other Long-Term Liabilities	-	-	-	5.36	-	-
Total Liabilities	85.59	53.42	41.4	99.03	122.61	108.58
Common Stock	15.39	15.07	12.33	10.45	8.85	7.35
Additional Paid-In Capital	298.65	292.54	273.89	246.98	221.16	196.84
Retained Earnings	-110.05	-66.15	0.74	23.99	38.97	56.7
Comprehensive Income & Other	93.9	102.76	96.14	94.95	92.2	90.64
Total Common Equity	297.89	344.23	383.1	376.38	361.18	351.53
Minority Interest	14.79	19.47	27.98	22.62	3.37	-
Shareholders' Equity	312.68	363.69	411.08	399	364.54	351.53
Total Liabilities & Equity	398.26	417.11	452.48	498.03	487.15	460.11
Total Debt	21.13	25.99	8.18	78.09	101.23	89.13
Net Cash (Debt)	20.12	41.18	42.32	-27.34	-0.19	-39.21
Net Cash Growth	4.67%	-2.69%	-	-	-	-
Net Cash Per Share	0.01	0.02	0.03	-0.02	-0.00	-0.04
Filing Date Shares Outstanding	1,807	1,773	1,478	1,262	1,077	897.72
Total Common Shares Outstanding	1,807	1,773	1,478	1,262	1,077	897.72
Working Capital	103.44	151.41	92.47	59.94	53.63	32.65
Book Value Per Share	0.16	0.19	0.26	0.30	0.34	0.39
Tangible Book Value	295.26	340.97	370.22	359.58	352.15	351.53
Tangible Book Value Per Share	0.16	0.19	0.25	0.28	0.33	0.39
Buildings	120.44	69.02	197.31	202.05	208.06	221.41
Machinery	56.08	42.11	39.86	45.04	37.97	44.3
Construction In Progress	-	49.04	17.71	-	-	-
Leasehold Improvements	98.35	79.12	193.25	194.97	160.6	157.58

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