HKG:2348 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	1,139	1,158	905.83	811.68	577.74	730.99
Short-Term Investments	220.84	242.34	107	88.8	44.3	30.02
Trading Asset Securities	261.35	207.14	160.87	181.36	208.18	201.12
Cash & Short-Term Investments	1,621	1,608	1,174	1,082	830.22	962.12
Cash Growth	-4.10%	36.98%	8.49%	30.31%	-13.71%	-16.18%
Accounts Receivable	247.27	267.89	322	402.85	346.78	330.75
Other Receivables	-	-	-	-	20.8	-
Receivables	247.27	267.89	322	402.85	367.58	330.75
Inventory	254.1	308.24	211.11	241.75	203.48	246.03
Prepaid Expenses	11.88	7.38	13.4	14.99	15.5	9.75
Other Current Assets	-	11	-	2.58	94.26	0.07
Total Current Assets	2,135	2,202	1,720	1,744	1,511	1,549
Property, Plant & Equipment	1,194	1,228	1,217	1,301	1,143	781.95
Long-Term Investments	20	20	20	25.35	87.25	98.67
Goodwill	241.16	241.16	241.16	241.16	241.16	241.16
Other Intangible Assets	277.93	164.77	160.31	109.48	97.99	36.18
Long-Term Deferred Tax Assets	4.46	5.47	18.98	6.86	5.75	6.53
Long-Term Deferred Charges	-	136.16	128	185.54	189.03	170.54
Other Long-Term Assets	10.11	11.08	10.3	7.56	14.36	20
Total Assets	3,883	4,009	3,623	3,673	3,340	2,904
Accounts Payable	204.88	221.56	162.16	224.07	143.21	157.61
Accrued Expenses	-	99.34	108.27	171.28	156.94	125.79
Short-Term Debt	9	29.86	120.06	6.43	21.01	-
Current Portion of Leases	0.16	1.16	0.36	1.53	0.98	0.92
Current Income Taxes Payable	4.15	2.6	45.23	8.65	15.5	9.3
Current Unearned Revenue	-	32.73	17.9	29.66	14.45	8.47
Other Current Liabilities	228.77	167.35	214.96	490.43	345.01	177.81
Total Current Liabilities	446.96	554.6	668.94	932.06	697.1	479.91
Long-Term Leases	-	3.7	0.1	0.44	1.53	2.03
Long-Term Unearned Revenue	3.36	3.36	-	0.3	0.6	0.9
Long-Term Deferred Tax Liabilities	129.37	120.95	94.38	89.98	66.87	61.72
Other Long-Term Liabilities	-	-	-	-	175.6	175.6
Total Liabilities	579.69	682.61	763.43	1,023	941.7	720.14
Common Stock	80.58	80.53	80.46	80.39	80.37	81.07
Additional Paid-In Capital	107.09	105.95	104.41	103.09	102.7	100.18
Retained Earnings	3,097	3,102	2,649	2,436	2,174	1,940
Treasury Stock	-	-	-	-	-	-0.43
Comprehensive Income & Other	18.74	35.5	21.24	22.51	23.2	49.26
Total Common Equity	3,303	3,324	2,855	2,642	2,381	2,171
Minority Interest	-	2.4	4.58	7.91	17.15	13.09
Shareholders' Equity	3,303	3,327	2,859	2,650	2,398	2,184
Total Liabilities & Equity	3,883	4,009	3,623	3,673	3,340	2,904
Total Debt	9.16	34.72	120.53	8.41	23.52	2.95
Net Cash (Debt)	1,612	1,573	1,053	1,073	806.7	959.17
Net Cash Growth	7.30%	49.36%	-1.89%	33.06%	-15.90%	3.35%
Net Cash Per Share	1.07	1.04	0.70	0.71	0.53	0.62
Filing Date Shares Outstanding	1,502	1,502	1,500	1,499	1,498	1,505
Total Common Shares Outstanding	1,502	1,502	1,500	1,499	1,498	1,505
Working Capital	1,688	1,648	1,051	811.94	813.93	1,069
Book Value Per Share	2.20	2.21	1.90	1.76	1.59	1.44
Tangible Book Value	2,784	2,918	2,453	2,291	2,042	1,893
Tangible Book Value Per Share	1.85	1.94	1.64	1.53	1.36	1.26
Buildings	-	788.38	584.74	531.28	243.42	309.25
Machinery	-	634.79	485.74	721.4	624.16	749.76
Construction In Progress	-	85.57	356.9	495.14	675.2	204.8
Leasehold Improvements	-	6.68	6.66	6.64	6.59	5.98

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