HKG:2489 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	Sep '25 Sep 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	661.38	639.6	586.84	282.19	182.4	202.91
Short-Term Investments	-	6.72	6.24	0.48	0.68	-
Cash & Short-Term Investments	661.38	646.32	593.08	282.67	183.08	202.91
Cash Growth	10.02%	8.98%	109.81%	54.40%	-9.77%	-
Other Receivables	-	-	-	7.2	0.01	0
Receivables	-	-	-	7.2	0.01	0
Inventory	29.94	18.04	21.82	18.65	19.79	28.99
Prepaid Expenses	42.67	1.82	1.66	-	-	-
Other Current Assets	34.75	21.21	19.63	23.36	20.32	17.08
Total Current Assets	768.74	687.39	636.19	331.88	223.2	248.97
Property, Plant & Equipment	650.79	448.95	453.41	416.65	410.71	397.41
Other Intangible Assets	377.96	110.34	117.84	125.09	132.32	145.24
Long-Term Deferred Tax Assets	8.51	8.02	6.73	5.91	5.41	5.43
Other Long-Term Assets	8.14	0.27	3.73	6.53	3.95	-
Total Assets	1,850	1,255	1,218	886.05	775.59	809.15
Accounts Payable	32.55	11.5	10.27	12.43	15.87	13.84
Accrued Expenses	-	13.45	12.79	11.78	11.62	13.83
Short-Term Debt	95.54	-	30	30	30	30
Current Portion of Leases	0.3	0.64	-	-	-	-
Current Income Taxes Payable	92.03	93.75	99.91	73.65	45.48	25.91
Current Unearned Revenue	-	-	0.17	0.34	0.51	0.68
Other Current Liabilities	119.92	20.04	24.94	18.24	77.82	141.76
Total Current Liabilities	340.34	139.38	178.09	146.43	181.3	226.02
Long-Term Leases	0.47	0.11	-	-	-	-
Long-Term Deferred Tax Liabilities	97.55	17.21	14.91	9.54	5.28	6.46
Other Long-Term Liabilities	124.13	44.81	48.97	53.98	59.47	30.66
Total Liabilities	641.7	201.5	241.97	209.95	246.04	263.15
Common Stock	18.17	18.17	18.17	0	0	0
Additional Paid-In Capital	-	214.66	214.66	-	-	-
Retained Earnings	-	272.64	212.44	157.14	112.02	101.67
Comprehensive Income & Other	973.4	377.99	382.51	396.73	376.62	380.52
Total Common Equity	991.57	883.46	827.79	553.87	488.64	482.19
Minority Interest	217.02	170	148.15	122.23	40.91	63.82
Shareholders' Equity	1,209	1,053	975.94	676.1	529.55	546
Total Liabilities & Equity	1,850	1,255	1,218	886.05	775.59	809.15
Total Debt	175.52	0.75	30	30	30	30
Net Cash (Debt)	485.86	645.57	563.08	252.67	153.08	172.91
Net Cash Growth	-19.18%	14.65%	122.85%	65.06%	-11.47%	-
Net Cash Per Share	0.24	0.32	0.37	0.17	1913.50	2161.34
Filing Date Shares Outstanding	1,995	2,000	2,000	0.08	0.08	0.08
Total Common Shares Outstanding	1,995	2,000	2,000	0.08	0.08	0.08
Working Capital	428.4	548.02	458.11	185.45	41.9	22.95
Book Value Per Share	0.50	0.44	0.41	6923.39	6107.96	6027.31
Tangible Book Value	577.45	773.12	709.95	428.78	356.32	336.95
Tangible Book Value Per Share	0.29	0.39	0.35	5359.76	4453.94	4211.84
Buildings	-	5.81	5.49	3.23	3.23	2.08
Machinery	-	229.31	216.5	211.15	197.02	177.36
Leasehold Improvements	-	4.09	4.09	4.09	4.09	-

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