HKG:1845 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	65.92	49.77	73.62	69.04	69.18	87.35
Trading Asset Securities	-	-	-	-	10.02	-
Cash & Short-Term Investments	144.65	49.77	73.62	69.04	79.21	87.35
Cash Growth	33.67%	-32.39%	6.62%	-12.83%	-9.33%	-38.57%
Accounts Receivable	276.95	329.9	389.89	372.46	453.9	513.68
Other Receivables	9.99	43.38	40.67	29.13	28.92	20.05
Receivables	286.95	373.28	430.56	401.59	487.99	535.23
Inventory	10.41	12.13	8.47	9.42	16.8	6.95
Other Current Assets	-	28.6	22.87	22.85	34.21	82.77
Total Current Assets	442.01	463.79	535.51	502.91	618.21	712.3
Property, Plant & Equipment	282.3	269.12	266.31	167.09	178.1	143.98
Long-Term Investments	-	-	-	29.53	9.16	4.42
Goodwill	18.28	18.28	18.28	18.28	18.28	18.28
Other Intangible Assets	5.24	6.09	7.79	9.49	19.97	22.05
Long-Term Deferred Tax Assets	15.07	16.4	15.27	16.69	17.88	13.76
Other Long-Term Assets	-	-	-	-	2.42	23.93
Total Assets	762.91	773.67	843.16	743.98	864.02	938.72
Accounts Payable	114.08	154.41	176.52	130.87	171.79	151.96
Accrued Expenses	-	40.86	38.77	31.79	27.87	21.05
Short-Term Debt	-	-	-	42.97	-	-
Current Portion of Long-Term Debt	43.35	39.31	32.9	-	51.04	44.38
Current Portion of Leases	1.87	2.05	3.4	2.34	1	2.67
Current Income Taxes Payable	1.06	1.16	2	2.85	2.17	1.09
Current Unearned Revenue	33.8	6.32	5.57	7.87	13.92	105.09
Other Current Liabilities	64.31	32.66	48.46	24.05	22.72	4.16
Total Current Liabilities	258.46	276.76	307.61	242.74	290.51	330.4
Long-Term Debt	37.61	22.49	-	-	2.7	11.34
Long-Term Leases	3.79	2.02	7.08	7.92	0.18	1.28
Long-Term Deferred Tax Liabilities	0.31	0.37	0.65	0.08	0.06	0.62
Total Liabilities	300.16	301.64	315.34	250.74	293.45	343.64
Common Stock	55.1	55.1	55.1	55.1	55.1	55.1
Additional Paid-In Capital	237.13	237.13	237.13	237.13	237.13	237.13
Retained Earnings	32.95	40.29	88.11	85.39	157.6	169.92
Comprehensive Income & Other	39.82	39.82	40.79	41.76	41.59	43.19
Total Common Equity	365	372.34	421.13	419.38	491.42	505.35
Minority Interest	97.74	99.69	106.69	73.87	79.15	89.74
Shareholders' Equity	462.75	472.03	527.82	493.25	570.57	595.08
Total Liabilities & Equity	762.91	773.67	843.16	743.98	864.02	938.72
Total Debt	86.61	65.87	43.38	53.23	54.92	59.67
Net Cash (Debt)	58.04	-16.1	30.24	15.81	24.29	27.68
Net Cash Growth	7.43%	-	91.25%	-34.90%	-12.27%	-74.57%
Net Cash Per Share	0.04	-0.01	0.02	0.01	0.02	0.02
Filing Date Shares Outstanding	1,333	1,333	1,333	1,333	1,333	1,333
Total Common Shares Outstanding	1,333	1,333	1,333	1,333	1,333	1,333
Working Capital	183.55	187.02	227.9	260.17	327.7	381.9
Book Value Per Share	0.27	0.28	0.32	0.31	0.37	0.38
Tangible Book Value	341.48	347.97	395.06	391.6	453.17	465.02
Tangible Book Value Per Share	0.26	0.26	0.30	0.29	0.34	0.35
Buildings	-	60.51	16.8	13.46	13.46	3.83
Machinery	-	152.31	93.37	89.76	53.91	19.27
Construction In Progress	-	137.46	186.68	106.55	97.78	86.9
Leasehold Improvements	-	2.48	2.48	2.35	1.28	2.41

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