HKG:2188 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	172.91	133.86	219.77	84.71	35.99
Short-Term Investments	16.69	16.23	16.22	14.73	62.96
Trading Asset Securities	-	-	-	-	0.5
Cash & Short-Term Investments	189.6	150.1	235.99	99.45	99.44
Cash Growth	26.32%	-36.40%	137.31%	0.00%	7.09%
Accounts Receivable	347.57	415.85	349.89	332.46	316.7
Other Receivables	37.26	10.48	19.78	19.58	19.42
Receivables	384.82	426.33	369.67	353.44	340.12
Inventory	193.57	143.08	192.1	194.88	153.19
Restricted Cash	21.88	56.87	32.98	12.97	18.26
Other Current Assets	22.74	22.49	22.99	-	-
Total Current Assets	812.62	798.87	853.74	660.74	611.01
Property, Plant & Equipment	178.43	163.84	164.78	168.41	170.84
Long-Term Investments	29.14	26.92	30.13	45.78	47.03
Other Intangible Assets	4.64	8.68	13.5	19.82	26.13
Long-Term Accounts Receivable	-	-	-	-	0.19
Long-Term Deferred Tax Assets	14	22.38	16.7	12.21	9.93
Total Assets	1,039	1,021	1,079	906.96	866.43
Accounts Payable	165.99	155.77	215.51	196.99	127
Accrued Expenses	6.78	7.54	7.53	10.01	7.79
Short-Term Debt	0.46	0.46	-	-	-
Current Portion of Long-Term Debt	153.22	155.8	105.44	111.2	115.99
Current Portion of Leases	-	1.96	1.88	-	-
Current Income Taxes Payable	0.34	0.1	0.13	0.98	1.59
Current Unearned Revenue	60.23	63.86	62.91	16.9	28.4
Other Current Liabilities	0.99	0.92	1.46	1.79	1.38
Total Current Liabilities	388.02	386.4	394.86	337.87	282.16
Long-Term Debt	102.18	53.97	51.11	53.38	47.78
Long-Term Leases	-	-	1.96	-	-
Long-Term Deferred Tax Liabilities	10.48	11.32	12.28	13.12	13.57
Total Liabilities	500.68	451.69	460.21	404.36	343.51
Common Stock	13.09	13.09	13.09	8.09	8.09
Additional Paid-In Capital	490.33	490.33	490.33	325.14	325.14
Retained Earnings	36.78	66.39	109.28	153.24	171.43
Comprehensive Income & Other	-11.03	-9.54	-3.3	4.59	6.34
Total Common Equity	529.17	560.27	609.41	491.05	510.99
Minority Interest	8.98	8.74	9.23	11.55	11.93
Shareholders' Equity	538.15	569.01	618.64	502.6	522.92
Total Liabilities & Equity	1,039	1,021	1,079	906.96	866.43
Total Debt	255.86	212.19	160.4	164.58	163.78
Net Cash (Debt)	-66.26	-62.09	75.6	-65.14	-64.33
Net Cash Per Share	-0.04	-0.04	0.06	-0.07	-0.07
Filing Date Shares Outstanding	1,492	1,492	1,492	925.06	925.06
Total Common Shares Outstanding	1,492	1,492	1,492	925.06	925.06
Working Capital	424.6	412.47	458.88	322.88	328.85
Book Value Per Share	0.35	0.38	0.41	0.53	0.55
Tangible Book Value	524.54	551.59	595.91	471.23	484.86
Tangible Book Value Per Share	0.35	0.37	0.40	0.51	0.52
Land	158.23	158.23	173.24	173.24	171
Machinery	76.45	86.45	80.02	75.88	75.13
Construction In Progress	24.96	9.78	2.41	2.19	-
Leasehold Improvements	22.54	14.73	14.41	14.41	14.41

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