HKG:2489 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	1,093	639.6	586.84	282.19	182.4
Short-Term Investments	6.71	6.72	6.24	0.48	0.68
Cash & Short-Term Investments	1,099	646.32	593.08	282.67	183.08
Cash Growth	70.09%	8.98%	109.81%	54.40%	-9.77%
Other Receivables	-	-	-	7.2	0.01
Receivables	-	-	-	7.2	0.01
Inventory	30.58	18.04	21.82	18.65	19.79
Prepaid Expenses	2.5	1.82	1.66	-	-
Other Current Assets	34.91	21.21	19.63	23.36	20.32
Total Current Assets	1,167	687.39	636.19	331.88	223.2
Property, Plant & Equipment	699.16	448.95	453.41	416.65	410.71
Goodwill	36.51	-	-	-	-
Other Intangible Assets	375.74	110.34	117.84	125.09	132.32
Long-Term Deferred Tax Assets	8.64	8.02	6.73	5.91	5.41
Other Long-Term Assets	5.58	0.27	3.73	6.53	3.95
Total Assets	2,293	1,255	1,218	886.05	775.59
Accounts Payable	17.93	11.5	10.27	12.43	15.87
Accrued Expenses	-	13.45	12.79	11.78	11.62
Short-Term Debt	-	-	30	30	30
Current Portion of Long-Term Debt	168.47	-	-	-	-
Current Portion of Leases	0.16	0.64	-	-	-
Current Income Taxes Payable	105.03	93.75	99.91	73.65	45.48
Current Unearned Revenue	-	-	0.17	0.34	0.51
Other Current Liabilities	105.57	20.04	24.94	18.24	77.82
Total Current Liabilities	397.17	139.38	178.09	146.43	181.3
Long-Term Debt	75.77	-	-	-	-
Long-Term Leases	0.39	0.11	-	-	-
Long-Term Deferred Tax Liabilities	102.94	17.21	14.91	9.54	5.28
Other Long-Term Liabilities	116.06	44.81	48.97	53.98	59.47
Total Liabilities	692.33	201.5	241.97	209.95	246.04
Common Stock	21.84	18.17	18.17	0	0
Additional Paid-In Capital	-	214.66	214.66	-	-
Retained Earnings	-	272.64	212.44	157.14	112.02
Comprehensive Income & Other	1,339	377.99	382.51	396.73	376.62
Total Common Equity	1,361	883.46	827.79	553.87	488.64
Minority Interest	239.98	170	148.15	122.23	40.91
Shareholders' Equity	1,601	1,053	975.94	676.1	529.55
Total Liabilities & Equity	2,293	1,255	1,218	886.05	775.59
Total Debt	244.8	0.75	30	30	30
Net Cash (Debt)	854.55	645.57	563.08	252.67	153.08
Net Cash Growth	32.37%	14.65%	122.85%	65.06%	-11.47%
Net Cash Per Share	0.41	0.32	0.37	0.17	1913.50
Filing Date Shares Outstanding	2,351	2,000	2,000	0.08	0.08
Total Common Shares Outstanding	2,351	2,000	2,000	0.08	0.08
Working Capital	770.16	548.02	458.11	185.45	41.9
Book Value Per Share	0.58	0.44	0.41	6923.39	6107.96
Tangible Book Value	948.4	773.12	709.95	428.78	356.32
Tangible Book Value Per Share	0.40	0.39	0.35	5359.76	4453.94
Buildings	-	5.81	5.49	3.23	3.23
Machinery	-	229.31	216.5	211.15	197.02
Leasehold Improvements	-	4.09	4.09	4.09	4.09

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