HKG:1935 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	642.45	1,596	1,996	1,501	1,227	1,150
Short-Term Investments	771.37	481.02	108.42	9.65	51.84	1.65
Cash & Short-Term Investments	1,414	2,077	2,104	1,511	1,279	1,151
Cash Growth	-23.64%	-1.29%	39.31%	18.09%	11.11%	21.06%
Accounts Receivable	0.76	1.85	1.58	1.75	0.61	1.19
Other Receivables	0.09	9.39	6.09	3.92	2.59	6.38
Receivables	0.85	37.24	27.67	5.67	3.19	7.57
Prepaid Expenses	-	2.55	0.99	1.33	1.65	0.55
Other Current Assets	28.25	91.34	1.13	1.22	1.18	1.53
Total Current Assets	1,443	2,208	2,134	1,519	1,285	1,161
Property, Plant & Equipment	2,721	2,104	1,708	1,701	1,585	1,342
Long-Term Investments	456.42	-	4.5	-	-	-
Goodwill	111	111	111	111	111	111
Other Intangible Assets	23.6	25.26	10.73	9.85	10.89	9.23
Other Long-Term Assets	207.03	233.07	182.97	185.76	22.75	23.26
Total Assets	4,962	4,706	4,164	3,526	3,015	2,646
Accounts Payable	14.01	12.45	9.37	6.8	4.43	2.51
Accrued Expenses	53.48	89.93	86.09	53.71	47.57	46.13
Current Portion of Leases	1.4	0.25	0.4	0.23	0.37	0.45
Current Income Taxes Payable	1.62	84.78	1.28	2.78	2.7	2.59
Current Unearned Revenue	20.16	534.54	526.56	440.41	384.22	326.76
Other Current Liabilities	84.13	107.53	106.25	74.78	114.83	64.89
Total Current Liabilities	390.75	829.48	729.95	578.71	554.12	443.33
Long-Term Leases	0.55	-	0.24	-	0.2	-
Long-Term Unearned Revenue	40.85	35.44	30.3	27.26	23.33	19.73
Other Long-Term Liabilities	0.4	0.32	0.11	0.22	0.73	0.5
Total Liabilities	814.59	865.23	760.59	606.19	578.37	463.55
Common Stock	110.36	110.36	110.36	110.36	110.36	110.36
Additional Paid-In Capital	51.19	51.19	51.19	72.79	72.79	222.39
Retained Earnings	3,017	2,779	2,467	2,078	1,712	1,386
Comprehensive Income & Other	72.77	71.93	72.46	70.76	59.91	65.4
Total Common Equity	3,251	3,013	2,701	2,332	1,955	1,784
Minority Interest	895.68	828.17	702.56	587.95	481.73	398.8
Shareholders' Equity	4,147	3,841	3,403	2,920	2,436	2,183
Total Liabilities & Equity	4,962	4,706	4,164	3,526	3,015	2,646
Total Debt	599.95	0.25	0.65	0.23	0.57	0.45
Net Cash (Debt)	813.87	2,077	2,104	1,510	1,279	1,151
Net Cash Growth	-56.03%	-1.27%	39.29%	18.12%	11.10%	21.21%
Net Cash Per Share	0.51	1.30	1.31	0.94	0.80	0.72
Filing Date Shares Outstanding	1,601	1,601	1,601	1,601	1,601	1,601
Total Common Shares Outstanding	1,601	1,601	1,601	1,601	1,601	1,601
Working Capital	1,052	1,379	1,404	940.07	731.07	717.6
Book Value Per Share	2.03	1.88	1.69	1.46	1.22	1.11
Tangible Book Value	3,117	2,877	2,579	2,211	1,833	1,663
Tangible Book Value Per Share	1.95	1.80	1.61	1.38	1.14	1.04
Land	-	5.54	-	-	-	-
Machinery	-	334.87	324.55	292.43	266.77	222.05
Construction In Progress	-	29.77	6.12	5.57	78.29	70.17
Leasehold Improvements	-	182.7	150.49	108.26	83.12	80.48

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.