HKG:2265 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	154.77	65.21	76.12	59.16	235.59
Short-Term Investments	33.87	8.29	6.22	6.75	8.06
Cash & Short-Term Investments	188.64	73.5	82.34	65.91	243.65
Cash Growth	156.65%	-10.73%	24.92%	-72.95%	414.86%
Accounts Receivable	58.1	24.21	40.64	71.47	55.11
Other Receivables	6.29	37.13	29.71	43.94	0.2
Receivables	92.86	61.34	70.36	115.41	55.31
Inventory	21.62	49.85	46.2	40.11	27.57
Other Current Assets	9.44	7.02	4.67	1.31	1.08
Total Current Assets	312.56	191.7	203.55	222.74	327.61
Property, Plant & Equipment	739.18	564.85	462.27	401.7	164.19
Other Intangible Assets	1.71	0.03	0.03	0.01	0.01
Long-Term Deferred Tax Assets	2.12	4.15	4.21	1.73	0.1
Other Long-Term Assets	114.1	160.47	126.6	131.61	130.76
Total Assets	1,170	921.19	796.66	757.79	622.66
Accounts Payable	25.6	2.77	2.62	2.54	5.09
Accrued Expenses	26.25	23.46	19.81	20.89	25.86
Short-Term Debt	87.27	74.8	34.9	27.9	-
Current Portion of Long-Term Debt	4.3	0.2	0.2	27.84	2.12
Current Portion of Leases	73.89	30.24	32.25	0.61	0.55
Current Income Taxes Payable	20.87	20.44	13.2	35.08	22.09
Current Unearned Revenue	14.53	25.98	16.42	14.96	23.43
Other Current Liabilities	66.01	70.57	58.3	85	5.77
Total Current Liabilities	318.71	248.46	177.7	214.8	84.91
Long-Term Debt	67.05	33.8	49.83	-	37.78
Long-Term Leases	50.74	0.41	-	-	0.32
Long-Term Unearned Revenue	31.13	27.58	37.14	-	11.72
Long-Term Deferred Tax Liabilities	9.03	6.17	5.04	3.91	2.97
Other Long-Term Liabilities	61.02	61.87	55.76	85.45	96.79
Total Liabilities	537.68	378.29	325.47	304.17	234.48
Common Stock	8.21	8.21	8.21	8.21	8.21
Additional Paid-In Capital	517.97	517.97	517.97	517.97	534.1
Retained Earnings	392.65	319.24	259.23	241.73	161.52
Comprehensive Income & Other	-298.67	-314.52	-314.21	-314.29	-315.64
Total Common Equity	620.15	530.89	471.19	453.62	388.18
Minority Interest	11.84	12.01	-	-	-
Shareholders' Equity	631.99	542.9	471.19	453.62	388.18
Total Liabilities & Equity	1,170	921.19	796.66	757.79	622.66
Total Debt	283.25	139.45	117.18	56.35	40.77
Net Cash (Debt)	-94.61	-65.95	-34.84	9.56	202.88
Net Cash Growth	-	-	-	-95.29%	5327.56%
Net Cash Per Share	-0.09	-0.07	-0.03	0.01	0.26
Filing Date Shares Outstanding	1,000	1,000	1,000	1,000	1,000
Total Common Shares Outstanding	1,000	1,000	1,000	1,000	1,000
Working Capital	-6.15	-56.76	25.86	7.94	242.7
Book Value Per Share	0.62	0.53	0.47	0.45	0.39
Tangible Book Value	618.44	530.87	471.16	453.61	388.17
Tangible Book Value Per Share	0.62	0.53	0.47	0.45	0.39
Buildings	262.83	203.59	202.49	137.82	112.79
Machinery	228.5	182.39	179.28	52.43	54.72
Construction In Progress	281.33	180.11	54.52	169.99	-

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