HKG:2506 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	163.13	123.64	676.75	142.5	163.02	434.23
Trading Asset Securities	-	-	-	25	85	-
Cash & Short-Term Investments	163.13	123.64	676.75	167.5	248.02	434.23
Cash Growth	-78.07%	-81.73%	304.02%	-32.46%	-42.88%	-
Accounts Receivable	1,076	1,052	751.7	506.42	290.03	182.64
Other Receivables	342.07	93.37	98.54	83.28	47.72	66.19
Receivables	1,418	1,145	850.24	589.69	337.74	248.83
Inventory	144.45	131.44	102.85	73.53	46.89	32.37
Other Current Assets	1.94	282.07	51.35	22.42	19.31	11.65
Total Current Assets	1,727	1,682	1,681	853.15	651.95	727.08
Property, Plant & Equipment	117.15	25.41	21.66	15.6	11.32	11.27
Long-Term Investments	124.81	164.81	-	-	-	-
Goodwill	23.78	23.78	23.78	23.78	23.78	23.78
Other Intangible Assets	193.67	153.84	116.39	144.3	154.34	182.39
Long-Term Accounts Receivable	40.98	42.12	76.2	79.2	99.79	-
Long-Term Deferred Tax Assets	186.5	168.04	139.64	105.7	74.83	42.81
Long-Term Deferred Charges	-	25.64	29.2	14.02	11.68	23.08
Other Long-Term Assets	-	26.47	1.88	1.88	1.9	3.4
Total Assets	2,414	2,312	2,090	1,238	1,030	1,014

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Accounts Payable	728.49	559.42	399.26	281.04	211.48	110.04
Accrued Expenses	-	112.95	117.25	86.79	72.5	51.89
Current Portion of Long-Term Debt	250.6	140.6	180	88	-	77.08
Current Portion of Leases	3.4	4.07	4.67	1.05	0.73	1.77
Current Income Taxes Payable	1.72	1.79	1.66	-	-	-
Current Unearned Revenue	48.93	35.95	35.18	42.03	31.47	51.75
Other Current Liabilities	365.39	334.61	262.27	172.13	287.26	194.98
Total Current Liabilities	1,399	1,189	1,000	671.05	603.44	487.52
Long-Term Debt	47.5	136.15	64.8	-	-	-
Long-Term Leases	1.75	2.17	4.64	0.5	-	0.72
Long-Term Unearned Revenue	31.64	24.9	19.3	-	-	-
Long-Term Deferred Tax Liabilities	10.86	11.93	14.07	16.2	18.34	20.48
Other Long-Term Liabilities	11.8	-	-	-	8.07	8.07
Total Liabilities	1,502	1,365	1,103	687.75	629.85	516.78

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Common Stock	120.88	120.88	120.88	113.84	111	36.95
Additional Paid-In Capital	-	1,061	1,061	548.43	341.27	405.32
Retained Earnings	-	-586.23	-521.45	-388.85	-244	-54.6
Comprehensive Income & Other	735.82	300.64	279.17	225.36	132.96	38.89
Total Common Equity	856.69	896.58	939.9	498.79	341.23	426.57
Minority Interest	55.22	51.28	46.94	51.07	58.51	70.47
Shareholders' Equity	911.92	947.86	986.84	549.86	399.74	497.03
Total Liabilities & Equity	2,414	2,312	2,090	1,238	1,030	1,014

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Total Debt	303.25	282.99	254.11	89.55	0.73	79.57
Net Cash (Debt)	-140.11	-159.35	422.65	77.95	247.29	354.66
Net Cash Growth	-	-	442.18%	-68.48%	-30.27%	-
Net Cash Per Share	-1.16	-1.32	3.71	0.70	2.23	3.80
Filing Date Shares Outstanding	121.03	120.88	120.88	113.84	111	93.36
Total Common Shares Outstanding	121.03	120.88	120.88	113.84	111	93.36
Working Capital	328.57	492.89	680.9	182.1	48.51	239.56
Book Value Per Share	7.08	7.42	7.78	4.38	3.07	4.57
Tangible Book Value	639.25	718.96	799.74	330.71	163.12	220.4
Tangible Book Value Per Share	5.28	5.95	6.62	2.90	1.47	2.36
Machinery	-	51.14	36.1	29.4	23.26	18.16
Leasehold Improvements	-	5.12	5.07	4.28	-	-
Order Backlog	-	-	-	-	184.8	99.4