HKG:1645 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	39.55	35.49	56.31	85.6	102.44
Short-Term Investments	2.78	10.26	15.48	32.59	34.12
Trading Asset Securities	0.21	0.23	0.44	4.26	8.89
Cash & Short-Term Investments	42.54	45.98	72.22	122.45	145.45
Cash Growth	-7.49%	-36.34%	-41.02%	-15.82%	-37.51%
Accounts Receivable	80.26	56.14	73.12	77.16	73.34
Other Receivables	59.18	50.21	29.47	26.7	20.54
Receivables	139.44	106.35	102.59	103.86	93.88
Inventory	230.04	247.09	248.18	197.61	276.1
Prepaid Expenses	2.46	3.08	3.4	4.7	1.8
Other Current Assets	26.7	21.19	38.13	26.24	30.96
Total Current Assets	441.17	423.68	464.53	454.86	548.19
Property, Plant & Equipment	387.61	439.27	198.82	88.04	35.05
Long-Term Investments	-	-	-	-	14.27
Goodwill	-	-	-	1.37	1.37
Other Intangible Assets	2.69	1.6	2.59	-	-
Long-Term Deferred Tax Assets	2.11	2.17	2.17	2.17	2.17
Long-Term Deferred Charges	-	5.13	9.44	5.23	5.33
Other Long-Term Assets	124.35	-	-	-	21.53
Total Assets	957.93	871.86	677.56	551.66	627.92
Accounts Payable	120.55	146.41	113.01	51.45	76.37
Accrued Expenses	31.07	32.98	28.14	24.1	19.31
Short-Term Debt	354.4	281.04	77.03	25	39.19
Current Portion of Leases	1.35	2.67	6.85	10.59	9.49
Current Income Taxes Payable	1.15	0.79	0.73	1.02	3.26
Current Unearned Revenue	109.35	95.08	76.25	63.53	98.56
Other Current Liabilities	49.16	39.55	58.69	29.81	23.4
Total Current Liabilities	667.03	598.51	360.69	205.51	269.58
Long-Term Leases	1.68	6.17	10.3	5.53	16.21
Long-Term Deferred Tax Liabilities	1.07	1.21	1.53	1.86	1.87
Total Liabilities	669.79	605.89	372.52	212.89	287.67
Common Stock	5.09	5.09	5.09	5.09	5.09
Additional Paid-In Capital	-	188.29	188.29	188.29	188.29
Retained Earnings	-	60.28	99.02	134.82	141.92
Comprehensive Income & Other	280.39	12.77	10.65	10.4	4.78
Total Common Equity	285.48	266.43	303.05	338.6	340.08
Minority Interest	2.66	-0.46	1.99	0.17	0.17
Shareholders' Equity	288.14	265.97	305.04	338.77	340.25
Total Liabilities & Equity	957.93	871.86	677.56	551.66	627.92
Total Debt	357.43	289.88	94.17	41.12	64.9
Net Cash (Debt)	-314.89	-243.9	-21.95	81.33	80.55
Net Cash Growth	-	-	-	0.96%	-61.23%
Net Cash Per Share	-0.56	-0.43	-0.04	0.14	0.16
Filing Date Shares Outstanding	563.98	563.98	563.98	563.98	563.98
Total Common Shares Outstanding	563.98	563.98	563.98	563.98	563.98
Working Capital	-225.86	-174.83	103.83	249.35	278.61
Book Value Per Share	0.51	0.47	0.54	0.60	0.60
Tangible Book Value	282.79	264.83	300.46	337.23	338.71
Tangible Book Value Per Share	0.50	0.47	0.53	0.60	0.60
Buildings	-	49.28	-	-	-
Machinery	-	43.75	26.74	21.21	27.89
Construction In Progress	-	312.89	128.33	21.59	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.