HKG:2156 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	2,829	2,895	2,952	2,703	2,261	886.16
Short-Term Investments	31.54	29.39	23.78	17.79	13.37	5.57
Cash & Short-Term Investments	2,861	2,924	2,976	2,721	2,275	891.73
Cash Growth	16.13%	-1.75%	9.38%	19.61%	155.10%	1317.33%
Accounts Receivable	809.21	524.81	390.73	240.82	133.15	90.21
Other Receivables	57.3	78.16	109.7	57.43	9.13	8.14
Receivables	866.51	602.97	500.43	298.25	142.28	98.35
Inventory	78.58	63.75	44.99	39.6	12.26	2.14
Other Current Assets	63.59	94.9	83.94	98.16	81.88	51.42
Total Current Assets	3,909	3,686	3,606	3,157	2,511	1,044
Property, Plant & Equipment	79.41	86.32	96.55	57.1	51.69	48.74
Long-Term Investments	3.16	2.99	1.28	1.34	1.87	-
Goodwill	59.63	59.63	59.63	59.63	30.71	0.58
Other Intangible Assets	11.4	13.47	14.39	16.56	10.07	-
Long-Term Deferred Tax Assets	33.18	26.69	25.79	15.02	7.11	3.87
Total Assets	4,096	3,875	3,803	3,307	2,613	1,097
Accounts Payable	455.45	473.24	353.88	153.84	91.31	27.78
Accrued Expenses	402.62	505.61	540.33	497.94	403.69	230.62
Short-Term Debt	4.8	8.13	1.57	0.13	1.78	5.33
Current Portion of Long-Term Debt	0.51	0.51	1.35	1.5	-	-
Current Portion of Leases	4.88	7.07	8.07	3.61	6.28	4.91
Current Income Taxes Payable	104.44	97.2	165.59	68.96	38.09	32.64
Current Unearned Revenue	741.18	512.6	446.42	990.09	787.3	178.19
Other Current Liabilities	480.65	415.93	388.13	289.41	237.76	188.52
Total Current Liabilities	2,195	2,020	1,905	2,005	1,566	668
Long-Term Debt	8.5	9	18.25	8.5	-	-
Long-Term Leases	29.36	29.07	34.71	11.97	7.89	9.24
Long-Term Deferred Tax Liabilities	5.86	5.98	13.22	7.94	7.34	4.94
Total Liabilities	2,238	2,064	1,972	2,034	1,581	682.18
Common Stock	11.94	11.94	11.94	11.29	11.29	9.98
Additional Paid-In Capital	-	144.71	476.2	433.19	500.08	-
Retained Earnings	1,721	1,505	1,182	714.43	467.21	307.84
Comprehensive Income & Other	72.64	100.32	56.23	86.85	32.83	85.98
Total Common Equity	1,806	1,762	1,726	1,246	1,011	403.8
Minority Interest	51.89	48.39	105.52	26.95	19.85	10.85
Shareholders' Equity	1,858	1,811	1,832	1,273	1,031	414.65
Total Liabilities & Equity	4,096	3,875	3,803	3,307	2,613	1,097
Total Debt	48.06	53.78	63.95	25.71	15.95	19.49
Net Cash (Debt)	2,813	2,870	2,912	2,695	2,259	872.24
Net Cash Growth	17.14%	-1.44%	8.05%	19.32%	158.97%	1487.19%
Net Cash Per Share	2.04	2.06	2.12	2.01	1.91	0.74
Filing Date Shares Outstanding	1,408	1,408	1,408	1,336	1,336	1,177
Total Common Shares Outstanding	1,408	1,408	1,408	1,336	1,336	1,177
Working Capital	1,715	1,666	1,700	1,151	945.03	375.64
Book Value Per Share	1.28	1.25	1.23	0.93	0.76	0.34
Tangible Book Value	1,735	1,689	1,652	1,170	970.64	403.23
Tangible Book Value Per Share	1.23	1.20	1.17	0.88	0.73	0.34
Machinery	-	49.18	44.34	40.21	29.69	21.87
Leasehold Improvements	-	45.82	41.53	23.18	20.25	18.65

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