HKG:2135 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	57.79	28.87	39.79	78.78	121.72
Short-Term Investments	-	-	-	-	3.17
Cash & Short-Term Investments	57.79	28.87	39.79	78.78	124.89
Cash Growth	100.18%	-27.44%	-49.49%	-36.92%	-24.49%
Accounts Receivable	2.22	1.54	9.5	5.34	6.09
Other Receivables	-	-	-	0.68	1.09
Receivables	2.22	1.54	9.5	6.02	7.19
Inventory	7.08	14.37	11.44	13.55	14.12
Prepaid Expenses	-	-	-	2.14	1.92
Other Current Assets	29.45	45.66	18.89	12.07	2.9
Total Current Assets	96.55	90.43	79.62	112.56	151.02
Property, Plant & Equipment	68.21	78.32	94.63	84.01	80.06
Long-Term Investments	1.01	1.13	0.71	3.26	3.35
Goodwill	6.15	6.15	44.82	56.76	63.13
Other Intangible Assets	40.5	43.91	23.82	30.47	34.01
Long-Term Deferred Tax Assets	9.98	10	9.4	12.72	11.43
Other Long-Term Assets	15.26	19.99	20.61	2.88	1.74
Total Assets	237.65	249.92	273.6	302.65	344.73
Accounts Payable	6.59	7.78	9.5	9.17	12.57
Accrued Expenses	-	-	-	6.94	8.51
Short-Term Debt	21.47	17.28	7	5	20
Current Portion of Leases	27.69	12.23	10.34	8.67	7.76
Current Income Taxes Payable	7.88	9.66	6.9	7.48	7.3
Current Unearned Revenue	34.93	38.83	20.98	16.61	14.69
Other Current Liabilities	27.19	37.82	37.44	22.55	44.48
Total Current Liabilities	125.76	123.59	92.16	76.41	115.3
Long-Term Debt	-	3.47	-	-	-
Long-Term Leases	9.99	23.39	34.44	34.56	39.69
Long-Term Deferred Tax Liabilities	-	-	5.88	6.63	7.38
Other Long-Term Liabilities	3.65	3.96	8.53	19.18	-
Total Liabilities	139.39	154.41	141.01	136.77	162.37
Common Stock	185.75	185.75	136.27	136.27	136.27
Retained Earnings	-	-98.9	-36.24	-3.78	12.13
Comprehensive Income & Other	-77.92	17.28	38.09	33.6	29.83
Total Common Equity	107.83	104.13	138.12	166.08	178.22
Minority Interest	-9.57	-8.62	-5.53	-0.2	4.13
Shareholders' Equity	98.26	95.52	132.59	165.88	182.35
Total Liabilities & Equity	237.65	249.92	273.6	302.65	344.73
Total Debt	59.15	56.37	51.78	48.22	67.45
Net Cash (Debt)	-1.36	-27.5	-11.99	30.56	57.44
Net Cash Growth	-	-	-	-46.80%	-56.88%
Net Cash Per Share	-0.00	-0.05	-0.03	0.07	0.14
Filing Date Shares Outstanding	544.69	557.08	417.81	417.81	417.81
Total Common Shares Outstanding	544.69	557.08	417.81	417.81	417.81
Working Capital	-29.21	-33.15	-12.54	36.15	35.71
Book Value Per Share	0.20	0.19	0.33	0.40	0.43
Tangible Book Value	61.18	54.08	69.47	78.85	81.08
Tangible Book Value Per Share	0.11	0.10	0.17	0.19	0.19
Machinery	-	41.83	48.44	48.22	45.8
Construction In Progress	-	20.61	17.43	2.72	1.49
Leasehold Improvements	-	37.47	41.33	36.15	21.56

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