HKG:1720 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	34.41	29.24	27.28	69.39	65.4
Short-Term Investments	28.77	28.97	35.51	100.11	90.03
Cash & Short-Term Investments	63.18	58.21	62.79	169.49	155.43
Cash Growth	8.54%	-7.29%	-62.95%	9.05%	38.78%
Accounts Receivable	627.73	506.33	445.71	382.99	274.39
Other Receivables	37.51	27.89	28.03	-	-
Receivables	665.24	534.22	473.74	382.99	274.39
Inventory	73.53	65.13	60.82	78.28	80.86
Restricted Cash	37.58	21.66	23.78	37.72	25.85
Other Current Assets	58.91	45.8	93.2	-	-
Total Current Assets	898.44	725.02	714.33	668.48	536.53
Property, Plant & Equipment	396.8	401.61	418.77	431.79	455.74
Long-Term Investments	2.1	2.21	-	-	-
Other Intangible Assets	6.89	8.02	9.15	10.28	-
Long-Term Deferred Tax Assets	6.68	9.11	7.95	7.27	7.73
Other Long-Term Assets	4.89	2.85	15.05	63.77	7.09
Total Assets	1,316	1,149	1,165	1,182	1,007
Accounts Payable	195.8	141.46	136.37	170.52	101.26
Accrued Expenses	52.72	14.87	22.09	19.12	49.33
Current Portion of Long-Term Debt	289.94	215.36	248.2	234.32	173.2
Current Portion of Leases	1.07	1.07	0.71	1.48	1.06
Current Income Taxes Payable	-	-	-	4.46	3.69
Current Unearned Revenue	35.2	19.72	34.26	19.42	5.63
Other Current Liabilities	-	38.3	27.42	31.35	19.84
Total Current Liabilities	574.73	430.77	469.04	480.68	354.01
Long-Term Debt	88.5	96.58	93	104.36	86.3
Long-Term Leases	0.65	1.18	0.05	0.66	0.35
Long-Term Unearned Revenue	7.11	-	-	-	-
Long-Term Deferred Tax Liabilities	27.15	26.45	26.16	25.48	23.63
Total Liabilities	698.14	554.99	588.24	611.17	464.29
Common Stock	9.36	9.36	9.36	9.36	9.36
Additional Paid-In Capital	-	130.29	130.29	130.29	130.32
Retained Earnings	-	460.03	441.55	433.91	409.39
Comprehensive Income & Other	608.29	-5.84	-4.2	-3.14	-6.27
Total Common Equity	617.65	593.84	577	570.41	542.79
Shareholders' Equity	617.65	593.84	577	570.41	542.79
Total Liabilities & Equity	1,316	1,149	1,165	1,182	1,007
Total Debt	380.16	314.19	341.95	340.82	260.91
Net Cash (Debt)	-316.98	-255.98	-279.16	-171.33	-105.48
Net Cash Per Share	-0.29	-0.23	-0.25	-0.16	-0.10
Filing Date Shares Outstanding	1,100	1,100	1,100	1,100	1,100
Total Common Shares Outstanding	1,100	1,100	1,100	1,100	1,100
Working Capital	323.71	294.24	245.29	187.8	182.52
Book Value Per Share	0.56	0.54	0.52	0.52	0.49
Tangible Book Value	610.76	585.82	567.85	560.13	542.79
Tangible Book Value Per Share	0.56	0.53	0.52	0.51	0.49
Land	256.98	256.98	255.98	255.82	239.66
Machinery	403.67	371.19	355.56	333.35	239.53
Construction In Progress	6.46	6.02	6.94	1.66	103.68

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