HKG:1645 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	29.01	35.49	56.31	85.6	102.44	230.42
Short-Term Investments	5.92	10.26	15.48	32.59	34.12	2.33
Trading Asset Securities	0.25	0.23	0.44	4.26	8.89	-
Cash & Short-Term Investments	35.18	45.98	72.22	122.45	145.45	232.74
Cash Growth	-59.20%	-36.34%	-41.02%	-15.82%	-37.51%	530.70%
Accounts Receivable	88.16	56.14	73.12	77.16	73.34	75.35
Other Receivables	58.93	50.21	29.47	26.7	20.54	12.86
Receivables	147.09	106.35	102.59	103.86	93.88	88.21
Inventory	243.37	247.09	248.18	197.61	276.1	182.7
Prepaid Expenses	3.34	3.08	3.4	4.7	1.8	1.29
Other Current Assets	20.57	21.19	38.13	26.24	30.96	10.37
Total Current Assets	449.56	423.68	464.53	454.86	548.19	515.31
Property, Plant & Equipment	468.1	439.27	198.82	88.04	35.05	35.66
Long-Term Investments	-	-	-	-	14.27	-
Goodwill	-	-	-	1.37	1.37	1.37
Other Intangible Assets	4.64	1.6	2.59	-	-	-
Long-Term Deferred Tax Assets	2.17	2.17	2.17	2.17	2.17	-
Long-Term Deferred Charges	-	5.13	9.44	5.23	5.33	4.96
Other Long-Term Assets	-	-	-	-	21.53	-
Total Assets	924.47	871.86	677.56	551.66	627.92	557.3
Accounts Payable	123.57	146.41	113.01	51.45	76.37	75.37
Accrued Expenses	31.41	32.98	28.14	24.1	19.31	18.11
Short-Term Debt	308.74	281.04	77.03	25	39.19	-
Current Portion of Leases	3.04	2.67	6.85	10.59	9.49	7.07
Current Income Taxes Payable	1.24	0.79	0.73	1.02	3.26	3.39
Current Unearned Revenue	129.06	95.08	76.25	63.53	98.56	124.97
Other Current Liabilities	51.09	39.55	58.69	29.81	23.4	28.66
Total Current Liabilities	648.15	598.51	360.69	205.51	269.58	257.58
Long-Term Leases	5.5	6.17	10.3	5.53	16.21	17.9
Long-Term Deferred Tax Liabilities	1.21	1.21	1.53	1.86	1.87	1.82
Total Liabilities	654.86	605.89	372.52	212.89	287.67	277.3
Common Stock	5.09	5.09	5.09	5.09	5.09	4.32
Additional Paid-In Capital	188.29	188.29	188.29	188.29	188.29	121.1
Retained Earnings	69.06	60.28	99.02	134.82	141.92	142.01
Comprehensive Income & Other	8.23	12.77	10.65	10.4	4.78	5.35
Total Common Equity	270.68	266.43	303.05	338.6	340.08	272.76
Minority Interest	-1.07	-0.46	1.99	0.17	0.17	7.24
Shareholders' Equity	269.61	265.97	305.04	338.77	340.25	280
Total Liabilities & Equity	924.47	871.86	677.56	551.66	627.92	557.3
Total Debt	317.28	289.88	94.17	41.12	64.9	24.97
Net Cash (Debt)	-282.09	-243.9	-21.95	81.33	80.55	207.77
Net Cash Growth	-	-	-	0.96%	-61.23%	1823.25%
Net Cash Per Share	-0.50	-0.43	-0.04	0.14	0.16	0.50
Filing Date Shares Outstanding	563.98	563.98	563.98	563.98	563.98	470
Total Common Shares Outstanding	563.98	563.98	563.98	563.98	563.98	470
Working Capital	-198.59	-174.83	103.83	249.35	278.61	257.73
Book Value Per Share	0.48	0.47	0.54	0.60	0.60	0.58
Tangible Book Value	266.04	264.83	300.46	337.23	338.71	271.39
Tangible Book Value Per Share	0.47	0.47	0.53	0.60	0.60	0.58
Buildings	-	49.28	-	-	-	-
Machinery	-	43.75	26.74	21.21	27.89	30.77
Construction In Progress	-	312.89	128.33	21.59	-	-

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