HKG:2455 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	83.18	166.83	195.34	64.66	112.08
Short-Term Investments	-	21.56	36	11.15	21.81
Cash & Short-Term Investments	83.18	188.4	231.34	75.82	133.89
Cash Growth	-55.85%	-18.56%	205.12%	-43.38%	2.70%
Accounts Receivable	296.18	287.76	223.8	175.94	93.76
Other Receivables	-	-	-	-	3.62
Receivables	296.18	287.76	223.8	175.94	97.38
Inventory	0.12	0.14	0.11	0.12	0.12
Other Current Assets	69.33	10.14	1.53	15.44	17.71
Total Current Assets	448.81	486.43	456.77	267.33	249.1
Property, Plant & Equipment	74.67	95.78	109.85	126.34	83.65
Long-Term Investments	148.32	140.22	137.63	133.43	127.67
Other Intangible Assets	1.44	1.83	2.24	2.62	3
Long-Term Deferred Tax Assets	11.03	8.49	6.74	8.37	3.26
Other Long-Term Assets	97.3	2.3	2.33	2.33	-
Total Assets	781.56	735.05	715.55	540.41	466.68
Accounts Payable	82.49	85.18	49.75	41.88	46.82
Accrued Expenses	-	70.17	89.66	64.32	62.17
Short-Term Debt	-	40	43.06	20	30
Current Portion of Long-Term Debt	86.48	16.49	28.14	13.14	11.14
Current Portion of Leases	17.5	15.39	10.95	16.9	6.72
Current Income Taxes Payable	15.23	12.2	12.63	14.07	7.59
Current Unearned Revenue	-	20.56	21.63	21.74	21.97
Other Current Liabilities	102.21	31.68	30.69	19.18	18.64
Total Current Liabilities	303.92	291.67	286.5	211.23	205.04
Long-Term Debt	70.9	52.84	33.4	61.54	55.68
Long-Term Leases	16.25	35.29	54.54	66.76	47.64
Long-Term Deferred Tax Liabilities	2.21	1.91	0.13	0.05	0.04
Total Liabilities	393.28	381.71	374.57	339.58	308.4
Common Stock	0.21	0.21	0.21	0	0
Additional Paid-In Capital	-	98.21	98.21	2.03	2.03
Retained Earnings	-	211.53	201.6	160.14	119.98
Treasury Stock	-	-1.2	-1.2	-1.2	-1.2
Comprehensive Income & Other	387.89	44.39	41.51	39.48	37.31
Total Common Equity	388.09	353.14	340.33	200.45	158.12
Minority Interest	0.19	0.2	0.65	0.38	0.16
Shareholders' Equity	388.28	353.34	340.98	200.83	158.28
Total Liabilities & Equity	781.56	735.05	715.55	540.41	466.68
Total Debt	191.13	160.02	170.08	178.34	151.18
Net Cash (Debt)	-107.95	28.38	61.26	-102.52	-17.28
Net Cash Growth	-	-53.67%	-	-	-
Net Cash Per Share	-0.37	0.10	0.21	-0.47	-0.08
Filing Date Shares Outstanding	294.43	294.43	294.43	300	241.86
Total Common Shares Outstanding	294.43	294.43	294.43	197	241.86
Working Capital	144.9	194.76	170.26	56.09	44.06
Book Value Per Share	1.32	1.20	1.16	1.02	0.65
Tangible Book Value	386.65	351.31	338.09	197.83	155.12
Tangible Book Value Per Share	1.31	1.19	1.15	1.00	0.64
Buildings	-	6.65	6.65	6.65	6.65
Machinery	-	28.34	27.2	25.02	22.46

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