HKG:2126 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	503.07	757.38	1,006	1,383	1,834
Short-Term Investments	-	5.16	5.53	5.54	0.7
Cash & Short-Term Investments	503.07	762.53	1,011	1,389	1,835
Cash Growth	-34.03%	-24.61%	-27.18%	-24.32%	-30.26%
Accounts Receivable	-	-	-	5.31	-
Other Receivables	2.23	9.95	5.92	27.39	15.83
Receivables	2.23	9.95	5.92	32.7	15.83
Inventory	62	31.26	34.78	40.16	31.4
Other Current Assets	3.01	4.93	15.34	23.43	12.72
Total Current Assets	570.3	808.67	1,067	1,485	1,895
Property, Plant & Equipment	210.53	273.88	341.13	393.22	365.68
Other Intangible Assets	191.49	582.97	711.22	893.68	816.29
Other Long-Term Assets	14.58	14.85	26.27	19.28	39.6
Total Assets	986.9	1,680	2,146	2,791	3,117
Accounts Payable	130.46	40.15	53.67	71.16	72.08
Accrued Expenses	-	29.74	51.03	75.49	88.26
Short-Term Debt	-	-	-	137.3	-
Current Portion of Long-Term Debt	218.1	361.63	105	5	5
Current Portion of Leases	8.22	14.63	16.01	10.6	15.19
Current Unearned Revenue	32.66	16.81	31.42	1	1.44
Other Current Liabilities	4.95	2.11	7.34	10.29	16.93
Total Current Liabilities	394.39	465.05	264.47	310.84	198.9
Long-Term Debt	18	19.5	157.5	92.5	95
Long-Term Leases	18.24	26.65	40.29	33.73	31.85
Total Liabilities	430.64	511.2	462.26	437.06	325.75
Common Stock	0.03	0.03	0.03	0.03	0.03
Additional Paid-In Capital	-	6,081	6,081	6,081	6,081
Retained Earnings	-6,111	-5,556	-4,965	-4,197	-3,351
Treasury Stock	-	-0	-0	-0	-0
Comprehensive Income & Other	6,667	643.91	568.36	470.84	61.37
Shareholders' Equity	556.26	1,169	1,684	2,354	2,791
Total Liabilities & Equity	986.9	1,680	2,146	2,791	3,117
Total Debt	262.56	422.4	318.8	279.13	147.04
Net Cash (Debt)	240.51	340.13	692.65	1,110	1,688
Net Cash Growth	-29.29%	-50.90%	-37.59%	-34.26%	-32.69%
Net Cash Per Share	0.58	0.82	1.68	2.71	4.22
Filing Date Shares Outstanding	413.16	404.7	401.56	400.2	396.79
Total Common Shares Outstanding	413.16	404.7	401.56	400.2	396.79
Working Capital	175.91	343.62	803.02	1,174	1,696
Book Value Per Share	1.35	2.89	4.19	5.88	7.03
Tangible Book Value	364.77	586.2	972.62	1,461	1,975
Tangible Book Value Per Share	0.88	1.45	2.42	3.65	4.98
Machinery	-	217.95	216.21	189.32	147.47
Construction In Progress	-	0.07	0.85	32.9	17.16
Leasehold Improvements	-	234.33	234.76	234.66	208.38

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