HKG:1940 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	193.84	183.88	202.62	360.74	297.55	511.83
Short-Term Investments	67.57	97.79	81.8	31.15	25.5	49.23
Cash & Short-Term Investments	261.41	281.68	284.41	391.89	323.05	561.07
Cash Growth	13.67%	-0.96%	-27.43%	21.31%	-42.42%	192.97%
Accounts Receivable	580.41	532.77	543.92	567.04	427.21	277.93
Other Receivables	9.42	9.86	5.11	10.96	41.31	80.42
Receivables	589.83	542.63	549.03	578	468.52	358.35
Inventory	6.53	6.51	9.71	11.64	10.15	9.88
Other Current Assets	6.69	8.5	9.71	9.27	8.6	1.17
Total Current Assets	864.46	839.31	852.86	990.79	810.32	930.47
Property, Plant & Equipment	1,607	1,552	1,571	1,604	1,586	1,545
Other Intangible Assets	-	-	-	-	0.27	0.88
Long-Term Deferred Tax Assets	5.94	4.16	4.96	3.3	2.04	2.35
Other Long-Term Assets	6.98	48.05	44.04	8.43	7.04	46
Total Assets	2,485	2,443	2,473	2,607	2,406	2,525
Accounts Payable	145.03	133.66	227.88	381.68	247.28	179.2
Accrued Expenses	8.54	17.45	40.04	43.81	42.16	31.01
Short-Term Debt	180.68	161.04	200	200	198	149
Current Portion of Long-Term Debt	114.9	99.16	87	41.76	90.51	174.69
Current Portion of Leases	2.15	2.13	2.13	10.83	10.53	9.54
Current Income Taxes Payable	10.34	2.23	1.84	14.72	8.84	4.4
Current Unearned Revenue	19.09	15.63	6.23	8.85	9.34	6.31
Other Current Liabilities	125.2	115.38	103.12	158.83	181.16	366.37
Total Current Liabilities	605.93	546.68	668.24	860.49	787.83	920.53
Long-Term Debt	96.75	200.11	246	330.77	313.21	270.81
Long-Term Leases	0.81	1.25	2.66	2.43	3.2	3.76
Long-Term Deferred Tax Liabilities	61.87	51.2	42.63	27.16	19.79	11.12
Total Liabilities	765.37	799.24	959.53	1,221	1,124	1,206
Common Stock	0.84	0.84	0.84	0.84	0.84	0.84
Additional Paid-In Capital	1,144	1,144	1,144	1,144	1,144	1,144
Retained Earnings	547.95	473.35	343.3	215.23	102.48	129.3
Comprehensive Income & Other	26.01	25.33	24.9	25.38	34.32	43.97
Shareholders' Equity	1,719	1,644	1,513	1,386	1,282	1,318
Total Liabilities & Equity	2,485	2,443	2,473	2,607	2,406	2,525
Total Debt	395.29	463.69	537.79	585.79	615.44	607.8
Net Cash (Debt)	-133.88	-182.01	-253.37	-193.9	-292.39	-46.73
Net Cash Per Share	-0.11	-0.15	-0.21	-0.16	-0.24	-0.05
Filing Date Shares Outstanding	1,200	1,200	1,200	1,200	1,200	1,200
Total Common Shares Outstanding	1,200	1,200	1,200	1,200	1,200	1,200
Working Capital	258.52	292.64	184.62	130.31	22.48	9.93
Book Value Per Share	1.43	1.37	1.26	1.15	1.07	1.10
Tangible Book Value	1,719	1,644	1,513	1,386	1,282	1,318
Tangible Book Value Per Share	1.43	1.37	1.26	1.15	1.07	1.10
Buildings	-	208.85	215.38	215.38	221.79	112.09
Machinery	-	2,142	2,422	2,381	2,320	2,139
Construction In Progress	-	269.1	161.04	84.88	14.17	147.2
Leasehold Improvements	-	-	54.07	54.07	54.07	54.07

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