HKG:2252 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	636.32	612.23	507.71	747.96	1,941
Cash & Short-Term Investments	636.32	612.23	507.71	747.96	1,941
Cash Growth	3.93%	20.59%	-32.12%	-61.46%	29.62%
Accounts Receivable	263.76	92.84	4.97	-	0.09
Other Receivables	-	-	36.99	73.33	7.96
Receivables	263.76	92.84	41.96	73.33	8.05
Inventory	131.69	151.48	229.51	250.48	109.88
Other Current Assets	3.83	-	14.87	27.05	35.48
Total Current Assets	1,036	856.55	794.05	1,099	2,094
Property, Plant & Equipment	172.75	297.37	367.02	491.58	361
Long-Term Investments	64.19	78.94	215.2	284.76	260.12
Goodwill	-	1.48	1.48	1.48	1.48
Other Intangible Assets	2.37	3.97	9.54	7.05	3.07
Long-Term Accounts Receivable	21.36	2.58	-	-	-
Other Long-Term Assets	38.32	38.15	40.63	46.44	71.98
Total Assets	1,335	1,279	1,428	1,930	2,792
Accounts Payable	185.57	81.64	74.25	124.54	83.6
Accrued Expenses	78.35	53.43	78.66	64.09	39.41
Short-Term Debt	-	-	-	0.36	0.36
Current Portion of Long-Term Debt	28.79	245.22	375.36	-	-
Current Portion of Leases	19.1	34.51	47.88	58.22	52.86
Current Unearned Revenue	65.51	8.72	11.12	8.49	-
Other Current Liabilities	72.87	79.94	98.01	69.61	58.24
Total Current Liabilities	450.19	503.46	685.28	325.31	234.47
Long-Term Debt	360.26	389.31	99.7	33.1	-
Long-Term Leases	2.43	22.28	72.51	128.63	151.81
Long-Term Unearned Revenue	121.4	105.67	68.59	34.8	15.05
Other Long-Term Liabilities	0.4	0.64	0.08	0.4	0.4
Total Liabilities	934.67	1,021	926.15	522.25	401.73
Common Stock	1,031	1,006	958.59	958.59	958.59
Additional Paid-In Capital	-	2,310	2,006	2,006	2,006
Retained Earnings	-	-3,512	-2,870	-1,858	-717.99
Comprehensive Income & Other	-620.66	474.36	424.74	310.74	146.42
Total Common Equity	410.67	278.2	519.48	1,418	2,393
Minority Interest	-10.75	-20.52	-17.73	-9.78	-2.99
Shareholders' Equity	399.93	257.68	501.76	1,408	2,390
Total Liabilities & Equity	1,335	1,279	1,428	1,930	2,792
Total Debt	410.58	691.33	595.44	220.31	205.03
Net Cash (Debt)	225.74	-79.1	-87.73	527.66	1,736
Net Cash Growth	-	-	-	-69.60%	17.44%
Net Cash Per Share	0.22	-0.08	-0.09	0.55	1.89
Filing Date Shares Outstanding	1,031	1,006	958.59	958.59	958.59
Total Common Shares Outstanding	1,031	1,006	958.59	958.59	958.59
Working Capital	585.41	353.09	108.77	773.51	1,860
Book Value Per Share	0.40	0.28	0.54	1.48	2.50
Tangible Book Value	408.3	272.75	508.46	1,409	2,389
Tangible Book Value Per Share	0.40	0.27	0.53	1.47	2.49
Machinery	-	351.92	290.92	238.76	100
Construction In Progress	-	0.64	9.98	34.28	12.74
Leasehold Improvements	-	50.58	58.2	89.59	57.59

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