HKG:2513 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	2,259	2,269	1,249	219.03
Short-Term Investments	179.13	67.91	16.58	13.73
Trading Asset Securities	377.29	42.62	158.9	31.78
Cash & Short-Term Investments	2,816	2,380	1,425	264.54
Cash Growth	18.31%	67.02%	438.63%	-
Accounts Receivable	304.83	95.85	17.86	7.02
Other Receivables	40.13	281.69	219.14	1.83
Receivables	344.97	377.55	237	8.85
Inventory	125.82	32.47	28.78	10.34
Prepaid Expenses	116.3	127.37	88.3	11.63
Other Current Assets	168.77	98.73	84.53	4.17
Total Current Assets	3,571	3,016	1,863	299.53
Property, Plant & Equipment	655.83	866.36	787.54	41.42
Long-Term Investments	338.08	306.54	115.14	-
Goodwill	39.38	39.38	39.38	-
Other Intangible Assets	50.96	50.36	54.57	21.03
Long-Term Accounts Receivable	-	7.76	0.05	-
Other Long-Term Assets	198.2	89.5	-	-
Total Assets	4,854	4,376	2,860	361.98
Accounts Payable	297.14	58.29	6.75	0.66
Accrued Expenses	916.67	462.75	154.12	16.9
Short-Term Debt	-	269.4	-	-
Current Portion of Long-Term Debt	604.84	-	-	-
Current Portion of Leases	251.32	213.16	66.77	12.83
Current Income Taxes Payable	39.77	22.3	11.04	3.4
Current Unearned Revenue	148.64	75.06	74.06	35.23
Other Current Liabilities	10,148	6,737	3,296	462.83
Total Current Liabilities	12,406	7,838	3,609	531.86
Long-Term Debt	84.62	-	-	-
Long-Term Leases	293.83	458.11	204.12	-
Long-Term Unearned Revenue	180.15	34.75	29.74	10.31
Total Liabilities	12,965	8,331	3,843	542.16
Common Stock	40.28	36.22	28.48	14.81
Retained Earnings	-	-3,954	-997.84	-209.88
Comprehensive Income & Other	-8,133	-38.52	-13.23	13.72
Total Common Equity	-8,093	-3,957	-982.59	-181.35
Minority Interest	-18.48	1.48	-	1.17
Shareholders' Equity	-8,111	-3,955	-982.59	-180.19
Total Liabilities & Equity	4,854	4,376	2,860	361.98
Total Debt	1,235	940.67	270.88	12.83
Net Cash (Debt)	1,581	1,439	1,154	251.71
Net Cash Growth	9.86%	24.70%	358.47%	-
Net Cash Per Share	9.91	90.01	76.42	18.90
Filing Date Shares Outstanding	303.09	362.24	15.1	13.32
Total Common Shares Outstanding	303.09	362.24	15.1	13.32
Working Capital	-8,835	-4,822	-1,745	-232.32
Book Value Per Share	-26.70	-10.92	-65.07	-13.61
Tangible Book Value	-8,183	-4,046	-1,077	-202.38
Tangible Book Value Per Share	-27.00	-11.17	-71.29	-15.19
Machinery	-	295.08	535.74	35.09
Leasehold Improvements	-	19.97	19.12	-

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