HKG:2125 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	158.23	79.33	154.39	208.05	302.8
Short-Term Investments	33.9	13.53	19.95	22.78	25.43
Trading Asset Securities	-	5	11.15	11.4	-
Cash & Short-Term Investments	192.13	97.86	185.48	242.23	328.23
Cash Growth	96.34%	-47.24%	-23.43%	-26.20%	205.63%
Accounts Receivable	606.97	647.82	554.17	545.36	802.96
Other Receivables	-	-	1.41	-	0.84
Receivables	671.17	708.67	590.3	637.76	863.85
Inventory	1,081	1,233	1,308	1,109	1,100
Restricted Cash	-	-	0.01	43.2	-
Other Current Assets	619.88	453.86	335.03	325.57	397.62
Total Current Assets	2,564	2,493	2,419	2,358	2,690
Property, Plant & Equipment	14.08	12.23	12.76	10.57	10.73
Long-Term Investments	70.55	18.44	22.75	8.51	11.57
Goodwill	108.34	108.34	108.34	108.34	108.34
Other Intangible Assets	17.4	17.41	0.01	0.01	14.51
Long-Term Deferred Tax Assets	20.67	14.33	20.47	6.94	5.72
Total Assets	2,795	2,664	2,584	2,493	2,841
Accounts Payable	361.26	293.84	300.79	215.31	256.83
Accrued Expenses	16.04	8.55	4.31	6.81	19.32
Short-Term Debt	275.58	255.24	270.62	275.97	278.34
Current Portion of Long-Term Debt	8.02	28.06	8.04	-	-
Current Portion of Leases	4.07	4.6	3.61	3.05	3.3
Current Income Taxes Payable	1.27	0.97	2.77	9.26	15.89
Current Unearned Revenue	243.94	287.12	215.53	137.04	392.6
Other Current Liabilities	85.13	23.15	4.58	14.33	90.65
Total Current Liabilities	995.31	901.52	810.26	661.77	1,057
Long-Term Debt	28	-	28	-	-
Long-Term Leases	5.87	1.92	3.32	2.25	3.89
Long-Term Deferred Tax Liabilities	7.48	7.38	2.73	2.94	6.51
Total Liabilities	1,037	910.82	844.31	666.96	1,067
Common Stock	0.12	0.12	0.11	0.11	0.11
Additional Paid-In Capital	1,404	1,406	1,395	1,383	1,375
Retained Earnings	267.69	269.68	271.81	381.11	330.18
Treasury Stock	-21.09	-28.82	-37.38	-42.65	-17.05
Comprehensive Income & Other	109.58	106.51	108.88	104.67	84.95
Total Common Equity	1,761	1,753	1,739	1,827	1,773
Minority Interest	-1.86	-0.02	0.81	-1.03	-0.1
Shareholders' Equity	1,759	1,753	1,739	1,826	1,773
Total Liabilities & Equity	2,795	2,664	2,584	2,493	2,841
Total Debt	321.55	289.82	313.6	281.27	285.53
Net Cash (Debt)	-129.42	-191.96	-128.12	-39.05	42.7
Net Cash Per Share	-0.19	-0.28	-0.19	-0.06	0.06
Filing Date Shares Outstanding	706.04	706.04	700.39	696.63	694.75
Total Common Shares Outstanding	706.04	706.04	700.39	696.63	694.75
Working Capital	1,569	1,592	1,609	1,696	1,633
Book Value Per Share	2.49	2.48	2.48	2.62	2.55
Tangible Book Value	1,635	1,628	1,630	1,718	1,650
Tangible Book Value Per Share	2.32	2.31	2.33	2.47	2.38
Machinery	7.23	7.24	6.52	6.13	5.22
Leasehold Improvements	5.13	5.47	4.52	3.4	2.34

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