HKG:1708 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	340.91	272.56	367.1	472.88	379.31
Short-Term Investments	-	17.04	16.67	16.44	14.52
Cash & Short-Term Investments	340.91	289.6	383.78	489.31	393.83
Cash Growth	17.72%	-24.54%	-21.57%	24.24%	-1.88%
Accounts Receivable	441.57	541.21	774.32	794.98	941.02
Other Receivables	477.17	733.72	862.56	366.84	821.2
Receivables	918.75	1,275	1,637	1,162	1,762
Inventory	2	5.61	50.34	36.95	70.39
Prepaid Expenses	-	-	0.03	0.03	0.18
Other Current Assets	71.08	53.99	69.8	165.55	629.6
Total Current Assets	1,333	1,624	2,141	1,854	2,856
Property, Plant & Equipment	85.31	52.79	50.52	153.17	208.81
Long-Term Investments	156.52	155.69	167.93	672.75	170.34
Other Intangible Assets	6.71	4.95	4.52	10.4	10.31
Long-Term Deferred Tax Assets	82.89	125.45	78.64	71.5	68.45
Long-Term Deferred Charges	0.05	0.1	-	-	0.62
Other Long-Term Assets	423.31	423.19	432.02	236.8	236.49
Total Assets	2,088	2,386	2,874	2,998	3,551
Accounts Payable	314.47	379.52	400.46	420.27	551.73
Accrued Expenses	13.67	17.82	19.6	23.35	24.63
Short-Term Debt	369.28	507.77	601.49	729.11	772.81
Current Portion of Long-Term Debt	7.49	7.4	6	6	96
Current Income Taxes Payable	3.07	0.61	0.94	0.93	1.86
Current Unearned Revenue	88.9	97.11	43.28	55.34	53.27
Other Current Liabilities	58.92	51.58	54.67	93.02	53.05
Total Current Liabilities	855.79	1,062	1,126	1,328	1,553
Long-Term Debt	63.45	70.85	78.25	88.03	90.25
Long-Term Unearned Revenue	2.23	1.02	0.13	6.94	14.39
Long-Term Deferred Tax Liabilities	38.61	34	36.48	16.71	15.8
Total Liabilities	960.09	1,168	1,241	1,440	1,674
Common Stock	792.06	792.06	792.06	792.06	792.06
Additional Paid-In Capital	74.67	81	81	81	103.27
Retained Earnings	154.17	227.29	647.88	641.13	916.58
Comprehensive Income & Other	106.55	109.58	103.4	34.76	25.46
Total Common Equity	1,127	1,210	1,624	1,549	1,837
Minority Interest	-	8.67	8.83	9.65	40.1
Shareholders' Equity	1,127	1,219	1,633	1,559	1,877
Total Liabilities & Equity	2,088	2,386	2,874	2,998	3,551
Total Debt	440.22	586.02	685.74	823.14	959.06
Net Cash (Debt)	-99.31	-296.42	-301.96	-333.83	-565.23
Net Cash Per Share	-0.13	-0.37	-0.38	-0.42	-0.71
Filing Date Shares Outstanding	792.06	792.06	792.06	792.06	792.06
Total Common Shares Outstanding	792.06	792.06	792.06	792.06	792.06
Working Capital	476.95	562.31	1,014	525.65	1,303
Book Value Per Share	1.42	1.53	2.05	1.96	2.32
Tangible Book Value	1,121	1,205	1,620	1,539	1,827
Tangible Book Value Per Share	1.41	1.52	2.05	1.94	2.31
Machinery	-	244.37	264.99	412.15	413.99
Construction In Progress	-	-	-	0.17	-

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