HKG:2252 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	815.79	612.23	507.71	747.96	1,941	1,497
Cash & Short-Term Investments	815.79	612.23	507.71	747.96	1,941	1,497
Cash Growth	269.05%	20.59%	-32.12%	-61.46%	29.62%	2636.94%
Accounts Receivable	137.76	92.84	4.97	-	0.09	-
Other Receivables	-	-	36.99	73.33	7.96	11.16
Receivables	137.76	92.84	41.96	73.33	8.05	11.16
Inventory	159.83	151.48	229.51	250.48	109.88	-
Other Current Assets	-	-	14.87	27.05	35.48	6.57
Total Current Assets	1,113	856.55	794.05	1,099	2,094	1,515
Property, Plant & Equipment	251.1	297.37	367.02	491.58	361	38.71
Long-Term Investments	90.11	78.94	215.2	284.76	260.12	123.8
Goodwill	1.48	1.48	1.48	1.48	1.48	1.48
Other Intangible Assets	2.73	3.97	9.54	7.05	3.07	0.57
Long-Term Accounts Receivable	1.94	2.58	-	-	-	-
Other Long-Term Assets	39.04	38.15	40.63	46.44	71.98	24.75
Total Assets	1,500	1,279	1,428	1,930	2,792	1,704
Accounts Payable	90.18	81.64	74.25	124.54	83.6	28.35
Accrued Expenses	46.58	53.43	78.66	64.09	39.41	13.92
Short-Term Debt	-	-	-	0.36	0.36	0.36
Current Portion of Long-Term Debt	416.26	245.22	375.36	-	-	-
Current Portion of Leases	30.05	34.51	47.88	58.22	52.86	7.29
Current Unearned Revenue	12.33	8.72	11.12	8.49	-	-
Other Current Liabilities	63.1	79.94	98.01	69.61	58.24	179
Total Current Liabilities	658.51	503.46	685.28	325.31	234.47	228.91
Long-Term Debt	216.7	389.31	99.7	33.1	-	-
Long-Term Leases	5.22	22.28	72.51	128.63	151.81	11.59
Long-Term Unearned Revenue	105.11	105.67	68.59	34.8	15.05	22.4
Other Long-Term Liabilities	0.41	0.64	0.08	0.4	0.4	-
Total Liabilities	985.94	1,021	926.15	522.25	401.73	262.9
Common Stock	1,031	1,006	958.59	958.59	958.59	900
Additional Paid-In Capital	2,636	2,310	2,006	2,006	2,006	618.75
Retained Earnings	-3,626	-3,512	-2,870	-1,858	-717.99	-135.07
Comprehensive Income & Other	493.21	474.36	424.74	310.74	146.42	59.17
Total Common Equity	535.11	278.2	519.48	1,418	2,393	1,443
Minority Interest	-21.26	-20.52	-17.73	-9.78	-2.99	-1.4
Shareholders' Equity	513.85	257.68	501.76	1,408	2,390	1,441
Total Liabilities & Equity	1,500	1,279	1,428	1,930	2,792	1,704
Total Debt	668.22	691.33	595.44	220.31	205.03	19.24
Net Cash (Debt)	147.57	-79.1	-87.73	527.66	1,736	1,478
Net Cash Growth	-	-	-	-69.60%	17.44%	3397.28%
Net Cash Per Share	0.15	-0.08	-0.09	0.55	1.89	1.96
Filing Date Shares Outstanding	1,031	1,006	958.59	958.59	958.59	900
Total Common Shares Outstanding	1,031	1,006	958.59	958.59	958.59	900
Working Capital	454.87	353.09	108.77	773.51	1,860	1,286
Book Value Per Share	0.52	0.28	0.54	1.48	2.50	1.60
Tangible Book Value	530.89	272.75	508.46	1,409	2,389	1,441
Tangible Book Value Per Share	0.51	0.27	0.53	1.47	2.49	1.60
Machinery	-	351.92	290.92	238.76	100	12.09
Construction In Progress	-	0.64	9.98	34.28	12.74	10.43
Leasehold Improvements	-	50.58	58.2	89.59	57.59	3.4

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