China Strategic Technology Group Limited (HKG:1725)

HKG:1725 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	30.2	33.69	28.72	70.23	41.47	91.43
Short-Term Investments	-	-	-	2.5	1.63	6.15
Trading Asset Securities	-	2.17	-	-	-	-
Cash & Short-Term Investments	30.2	35.86	28.72	72.73	43.1	97.59
Cash Growth	2.19%	24.86%	-60.51%	68.75%	-55.84%	-47.71%
Accounts Receivable	196.13	170.69	91.27	159.23	127.45	143.78
Other Receivables	-	-	0.12	32.54	34.38	22.03
Receivables	196.13	170.69	91.4	191.77	161.83	165.81
Inventory	11.76	18.9	31.19	106.71	129.2	161.93
Prepaid Expenses	273.13	-	-	15.89	18.46	44.61
Other Current Assets	-	69.3	208.19	10	198.34	27.5
Total Current Assets	511.22	294.76	359.49	397.09	550.93	497.44
Property, Plant & Equipment	45.43	50.19	430.33	693.94	634.11	428.17
Long-Term Investments	-	-	-	0.92	1.17	-
Other Intangible Assets	1.84	2.44	4.14	4.97	5.51	0.79
Long-Term Deferred Tax Assets	1.24	1.24	2.85	3.78	3.16	0.23
Other Long-Term Assets	0.24	1.09	48.35	54.18	32.47	14.69
Total Assets	559.95	349.72	845.17	1,155	1,227	941.31

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	125.75	84.54	61.76	85.15	103.5	176.12
Accrued Expenses	26.5	37.45	50.11	45.94	51.09	38.95
Short-Term Debt	30.14	111.06	143.86	275.95	141.23	-
Current Portion of Long-Term Debt	234.2	45.28	60.83	195.93	81.84	139.17
Current Portion of Leases	4.45	109.12	70.83	36.65	34.33	8.18
Current Income Taxes Payable	6.5	6.02	6.91	8.45	7.84	8.79
Current Unearned Revenue	11.33	22.94	20.47	18.49	19.63	45.13
Other Current Liabilities	63.14	71.5	106.42	69.86	183.12	25.52
Total Current Liabilities	502.02	487.91	521.18	736.42	622.59	441.84
Long-Term Debt	-	42.75	62.21	51.04	167.61	63.45
Long-Term Leases	4.39	55.96	95.23	131.98	166.55	33.14
Long-Term Unearned Revenue	2.75	3.35	6.5	9	12.22	10.02
Long-Term Deferred Tax Liabilities	0.82	0.82	0.82	0.8	4.09	1.32
Other Long-Term Liabilities	-	22.19	23.02	22.27	8.4	-
Total Liabilities	509.98	612.97	708.95	951.51	981.47	549.77

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	7.29	5.41	4.49	2.75	2.69	2.69
Additional Paid-In Capital	695.61	592.14	533.38	326.33	304.49	304.49
Retained Earnings	-685.01	-816.68	-491.42	-293.42	-82.28	72.01
Comprehensive Income & Other	10.72	128.83	128.41	138.67	20.98	12.35
Total Common Equity	28.61	-90.31	174.85	174.33	245.88	391.54
Minority Interest	21.37	-172.94	-38.63	29.05	-0	-
Shareholders' Equity	49.98	-263.25	136.22	203.38	245.88	391.54
Total Liabilities & Equity	559.95	349.72	845.17	1,155	1,227	941.31

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	273.18	364.17	432.94	691.55	591.56	243.93
Net Cash (Debt)	-242.99	-328.31	-404.23	-618.82	-548.46	-146.34
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.38	-0.61	-1.06	-2.00	-1.77	-0.49
Filing Date Shares Outstanding	818.41	604.07	504.07	315.38	309	309
Total Common Shares Outstanding	818.41	604.07	504.07	315.38	309	309
Working Capital	9.2	-193.15	-161.69	-339.33	-71.67	55.6
Book Value Per Share	0.03	-0.15	0.35	0.55	0.80	1.27
Tangible Book Value	26.78	-92.75	170.7	169.36	240.37	390.76
Tangible Book Value Per Share	0.03	-0.15	0.34	0.54	0.78	1.26
Buildings	-	9.73	11.45	90.96	96.99	6.02
Machinery	-	182.41	225.14	89.78	115.1	104.83
Construction In Progress	-	105.57	109.24	369.75	228.85	276.48
Leasehold Improvements	-	118.92	110.35	38.11	36.04	0.8

Data Source: S&P Global Market Intelligence Last updated: Aug 27, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Sep 11, 2026

Data Sources Report a data error