HKG:1950 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	64.82	54.73	48.95	48.11	28.45
Short-Term Investments	-	0.08	0.14	1.95	-
Trading Asset Securities	17.71	5.97	9.52	7.76	36.26
Cash & Short-Term Investments	82.53	60.78	58.61	57.82	64.71
Cash Growth	35.78%	3.71%	1.36%	-10.64%	-18.75%
Accounts Receivable	260.23	241.27	242.04	144.77	90.36
Other Receivables	-	5.23	11.25	0.17	0.05
Receivables	260.23	246.5	253.29	144.94	90.41
Inventory	62.35	44.68	108.31	98.24	31.28
Other Current Assets	197.68	205.45	128.43	6.92	7.68
Total Current Assets	602.79	557.41	548.64	307.92	194.07
Property, Plant & Equipment	271.35	254.03	139.53	134.79	115.69
Long-Term Investments	5.33	5.43	5.51	2.89	2.96
Long-Term Deferred Tax Assets	0.01	2.7	1.62	0.78	0.45
Other Long-Term Assets	7.41	8.12	42.31	-	-
Total Assets	886.88	827.68	737.59	446.38	313.17
Accounts Payable	69.62	70.28	51.54	68.66	38.01
Accrued Expenses	-	15.7	14.5	7.88	4.56
Short-Term Debt	99.7	64.96	26.45	10.45	-
Current Income Taxes Payable	5.15	1.3	1.8	7.85	0.05
Current Unearned Revenue	0.64	3.4	1.29	0.75	0.43
Other Current Liabilities	18.27	-	-	-	-
Total Current Liabilities	193.38	155.65	95.58	95.59	43.05
Long-Term Unearned Revenue	4.5	3.29	3.42	0.41	0.55
Total Liabilities	197.88	158.94	99.01	96	43.6
Common Stock	12.71	12.71	12.71	4.96	4.15
Additional Paid-In Capital	-	458.7	458.7	202.86	166.72
Retained Earnings	-	112.39	82.36	62.91	41.06
Comprehensive Income & Other	609.7	60.3	60.16	60.41	57.65
Total Common Equity	622.41	644.09	613.92	331.14	269.58
Minority Interest	66.59	24.65	24.67	19.24	-
Shareholders' Equity	689	668.74	638.59	350.38	269.58
Total Liabilities & Equity	886.88	827.68	737.59	446.38	313.17
Total Debt	99.7	64.96	26.45	10.45	-
Net Cash (Debt)	-17.18	-4.18	32.16	47.37	64.71
Net Cash Growth	-	-	-32.12%	-26.79%	-18.75%
Net Cash Per Share	-0.02	-0.01	0.07	0.18	0.28
Filing Date Shares Outstanding	720	720	720	288	240
Total Common Shares Outstanding	720	720	720	288	240
Working Capital	409.41	401.76	453.06	212.34	151.03
Book Value Per Share	0.86	0.89	0.85	1.15	1.12
Tangible Book Value	622.41	644.09	613.92	331.14	269.58
Tangible Book Value Per Share	0.86	0.89	0.85	1.15	1.12
Buildings	-	116.37	89.71	89.71	46.07
Machinery	-	93.74	73.13	66.63	62.17
Construction In Progress	-	61	16.15	8.26	29.92

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