HKG:2188 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	154.59	133.86	219.77	84.71	35.99	45.3
Short-Term Investments	-	16.23	16.22	14.73	62.96	47.55
Trading Asset Securities	-	-	-	-	0.5	-
Cash & Short-Term Investments	154.59	150.1	235.99	99.45	99.44	92.86
Cash Growth	-4.78%	-36.40%	137.31%	0.00%	7.09%	-26.71%
Accounts Receivable	355.67	415.85	349.89	332.46	316.7	282.73
Other Receivables	3.69	10.48	19.78	19.58	19.42	15.42
Receivables	359.36	426.33	369.67	353.44	340.12	303.18
Inventory	162.6	165.58	215.09	194.88	153.19	133.07
Restricted Cash	21.88	56.87	32.98	12.97	18.26	19.22
Other Current Assets	56.66	-	-	-	-	0.75
Total Current Assets	755.09	798.87	853.74	660.74	611.01	549.08
Property, Plant & Equipment	178.29	163.84	164.78	168.41	170.84	183.74
Long-Term Investments	28.09	26.92	30.13	45.78	47.03	50.91
Other Intangible Assets	8.52	8.68	13.5	19.82	26.13	32.45
Long-Term Accounts Receivable	-	-	-	-	0.19	0.35
Long-Term Deferred Tax Assets	21.95	22.38	16.7	12.21	9.93	9.91
Total Assets	991.94	1,021	1,079	906.96	866.43	826.44
Accounts Payable	130.28	155.77	215.51	196.99	127	117.61
Accrued Expenses	7.92	7.54	7.53	10.01	7.79	7.33
Short-Term Debt	209.53	-	-	-	-	-
Current Portion of Long-Term Debt	-	155.8	105.44	111.2	115.99	113.22
Current Portion of Leases	-	1.96	1.88	-	-	0.06
Current Income Taxes Payable	0.1	0.1	0.13	0.98	1.59	-
Current Unearned Revenue	31.09	63.86	62.91	16.9	28.4	13.31
Other Current Liabilities	0.46	1.38	1.46	1.79	1.38	3.19
Total Current Liabilities	379.37	386.4	394.86	337.87	282.16	254.71
Long-Term Debt	60.58	53.97	51.11	53.38	47.78	55.62
Long-Term Leases	-	-	1.96	-	-	-
Long-Term Deferred Tax Liabilities	11.32	11.32	12.28	13.12	13.57	11.22
Total Liabilities	451.27	451.69	460.21	404.36	343.51	321.55
Common Stock	13.09	13.09	13.09	8.09	8.09	8.09
Additional Paid-In Capital	519.03	490.33	490.33	325.14	325.14	325.14
Retained Earnings	-	66.39	109.28	153.24	171.43	152.83
Comprehensive Income & Other	-	-9.54	-3.3	4.59	6.34	6.64
Total Common Equity	532.12	560.27	609.41	491.05	510.99	492.7
Minority Interest	8.55	8.74	9.23	11.55	11.93	12.19
Shareholders' Equity	540.67	569.01	618.64	502.6	522.92	504.89
Total Liabilities & Equity	991.94	1,021	1,079	906.96	866.43	826.44
Total Debt	270.12	211.73	160.4	164.58	163.78	168.89
Net Cash (Debt)	-115.53	-61.64	75.6	-65.14	-64.33	-76.04
Net Cash Per Share	-0.08	-0.04	0.06	-0.07	-0.07	-0.08
Filing Date Shares Outstanding	1,492	1,492	1,492	925.06	925.06	925.06
Total Common Shares Outstanding	1,492	1,492	1,492	925.06	925.06	925.06
Working Capital	375.72	412.47	458.88	322.88	328.85	294.38
Book Value Per Share	0.36	0.38	0.41	0.53	0.55	0.53
Tangible Book Value	523.6	551.59	595.91	471.23	484.86	460.25
Tangible Book Value Per Share	0.35	0.37	0.40	0.51	0.52	0.50
Land	-	158.23	173.24	173.24	171	171
Machinery	-	86.45	80.02	75.88	75.13	77.41
Construction In Progress	-	9.78	2.41	2.19	-	-
Leasehold Improvements	-	14.73	14.41	14.41	14.41	14.41

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