HKG:1901 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	37.39	36.69	56.5	43.8	43.09
Trading Asset Securities	0.37	0.34	2.49	11.13	13.17
Cash & Short-Term Investments	37.76	37.03	58.99	54.93	56.27
Cash Growth	1.97%	-37.23%	7.40%	-2.38%	143.51%
Accounts Receivable	64.05	88.69	203.07	18.43	13.05
Other Receivables	65.54	48.53	57.56	39.33	44.84
Receivables	132.99	140.53	266.22	58.66	59.6
Inventory	6.63	4.54	5.25	4.82	-
Prepaid Expenses	92.74	88.53	31.28	20.65	6.47
Other Current Assets	137.9	66.81	71.11	99.45	75.43
Total Current Assets	408.01	337.44	432.85	238.5	197.76
Property, Plant & Equipment	9.65	37.22	50.71	58.36	30.27
Long-Term Investments	1.75	1.54	56.62	55.86	57.5
Other Intangible Assets	0.52	1.6	2.61	0.01	0.02
Long-Term Accounts Receivable	-	0.17	4.87	-	-
Long-Term Deferred Tax Assets	-	-	0.38	0.36	8.53
Other Long-Term Assets	37.27	28.32	18.84	25.32	13.3
Total Assets	457.19	406.28	566.88	378.41	307.38
Accounts Payable	30.05	33.82	139.88	17.41	12.14
Accrued Expenses	11.02	13.67	13.7	8.09	9.53
Short-Term Debt	218.92	197.46	194.86	198.66	199.23
Current Portion of Long-Term Debt	-	-	-	-	2.05
Current Portion of Leases	3.05	4.54	5.09	6.7	3.4
Current Income Taxes Payable	6.19	7	6.08	4.42	4.38
Current Unearned Revenue	127.54	78.73	102.21	21.81	15.73
Other Current Liabilities	11.93	15.31	16.94	24.15	19.78
Total Current Liabilities	408.71	350.53	478.75	281.25	266.24
Long-Term Debt	-	-	-	-	2.44
Long-Term Leases	2.18	4.7	7.96	8.95	14.54
Total Liabilities	410.89	355.23	486.71	290.2	283.22
Common Stock	8.66	7.15	7.15	6.85	5.22
Additional Paid-In Capital	293.69	265.33	265.33	229.96	152.32
Retained Earnings	-317.43	-278.29	-236.25	-226.67	-187.17
Comprehensive Income & Other	59.55	64.45	41.19	74.04	53.8
Total Common Equity	44.47	58.64	77.42	84.17	24.16
Minority Interest	1.84	-7.58	2.76	4.04	-
Shareholders' Equity	46.31	51.05	80.18	88.21	24.16
Total Liabilities & Equity	457.19	406.28	566.88	378.41	307.38
Total Debt	224.15	206.7	207.9	214.3	221.67
Net Cash (Debt)	-186.39	-169.68	-148.91	-159.38	-165.4
Net Cash Per Share	-0.21	-0.20	-0.18	-0.21	-0.29
Filing Date Shares Outstanding	998.4	832	832	800	600
Total Common Shares Outstanding	998.4	832	832	800	600
Working Capital	-0.7	-13.09	-45.9	-42.75	-68.48
Book Value Per Share	0.04	0.07	0.09	0.11	0.04
Tangible Book Value	43.95	57.04	74.81	84.17	24.14
Tangible Book Value Per Share	0.04	0.07	0.09	0.11	0.04
Machinery	12.04	53.21	51.32	46.25	11.82
Leasehold Improvements	16.16	15.97	15.78	15.78	15.78

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