HKG:2385 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	155.68	264.55	351.52	149.04	333.34
Short-Term Investments	3.37	4.78	-	374.28	50.41
Trading Asset Securities	-	2.67	15.11	34.23	-
Cash & Short-Term Investments	159.05	272	366.63	557.54	383.75
Cash Growth	-41.52%	-25.81%	-34.24%	45.29%	44.44%
Accounts Receivable	8.95	28.7	15.12	28.92	48.16
Other Receivables	-	-	-	0.49	0.92
Receivables	12.55	31.7	20.25	29.41	49.08
Inventory	131.72	167	196.56	246.72	258.22
Other Current Assets	6.7	17.05	32.44	9.19	16.22
Total Current Assets	310.02	487.75	615.87	842.85	707.27
Property, Plant & Equipment	49.62	60.68	48.98	45.9	51.56
Long-Term Investments	18.9	9.54	28	28	-
Other Intangible Assets	20.74	17.29	1.14	4.96	6.07
Long-Term Accounts Receivable	-	-	0.28	0.75	1.32
Long-Term Deferred Tax Assets	0.14	21.26	15.51	26.68	32.55
Other Long-Term Assets	15.46	16.07	14.03	13.22	14.14
Total Assets	414.88	612.59	723.83	962.36	812.9
Accounts Payable	21.23	63.9	36.3	88.12	68.3
Accrued Expenses	12.24	14.29	21.52	24.28	62.37
Short-Term Debt	74.71	34.65	55.31	-	117.56
Current Portion of Long-Term Debt	9.62	6.54	-	-	-
Current Portion of Leases	2.08	1.6	2.2	0.32	1.32
Current Income Taxes Payable	7.97	8.89	8.92	8.85	7.02
Current Unearned Revenue	59.71	64.02	69.86	96.04	119.24
Other Current Liabilities	14.2	16.23	16.13	12.66	16.14
Total Current Liabilities	201.75	210.13	210.23	230.26	391.94
Long-Term Leases	3.12	5.95	2.2	0.49	1.94
Long-Term Unearned Revenue	11.12	21.83	17.26	32.03	39.72
Long-Term Deferred Tax Liabilities	0.01	-	-	-	-
Other Long-Term Liabilities	0.6	5.86	-	-	120.37
Total Liabilities	216.6	243.76	229.69	262.78	553.96
Common Stock	0.3	0.3	0.3	0.3	0
Additional Paid-In Capital	433.36	433.36	433.36	433.36	-
Retained Earnings	-114.39	3.71	62.29	133.74	128.53
Treasury Stock	-240.88	-179.38	-131.2	-	-
Comprehensive Income & Other	119.21	113.02	130.41	130.41	130.41
Total Common Equity	197.59	371.01	495.16	697.81	258.94
Minority Interest	0.69	-2.18	-1.02	1.77	-
Shareholders' Equity	198.28	368.83	494.14	699.58	258.94
Total Liabilities & Equity	414.88	612.59	723.83	962.36	812.9
Total Debt	89.53	48.74	59.71	0.81	120.81
Net Cash (Debt)	69.52	223.26	306.92	556.73	262.94
Net Cash Growth	-68.86%	-27.26%	-44.87%	111.74%	92.84%
Net Cash Per Share	0.22	0.67	0.90	1.72	0.89
Filing Date Shares Outstanding	320.41	344.12	334.7	352	300
Total Common Shares Outstanding	320.41	344.12	334.7	352	300
Working Capital	108.27	277.62	405.64	612.59	315.32
Book Value Per Share	0.62	1.08	1.48	1.98	0.86
Tangible Book Value	176.85	353.72	494.02	692.85	252.86
Tangible Book Value Per Share	0.55	1.03	1.48	1.97	0.84
Buildings	35.29	35.29	39.87	39.4	39.4
Machinery	34.57	34.1	31.45	29.55	28.59
Leasehold Improvements	18.99	19.43	1.57	-	-

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