HKG:2515 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	25.94	19.6	6.42	20.2	11.31
Cash & Short-Term Investments	25.94	19.6	6.42	20.2	11.31
Cash Growth	32.34%	205.22%	-68.21%	78.57%	-7.29%
Accounts Receivable	533.48	592.95	455.25	341.85	219.64
Other Receivables	3.95	1.77	0.73	0.26	1.69
Receivables	537.43	594.72	455.98	342.12	221.34
Inventory	4.09	4.41	1.38	1.99	0.88
Restricted Cash	1.98	2.45	4.37	0.58	0.58
Other Current Assets	13.84	19.09	23.18	10.1	18.47
Total Current Assets	583.27	640.27	491.33	374.98	252.57
Property, Plant & Equipment	52.62	47.98	45.65	48.3	45.46
Long-Term Accounts Receivable	-	6.12	6.37	6.6	6.82
Long-Term Deferred Tax Assets	3.37	6.63	4.33	2.24	0.84
Other Long-Term Assets	10.51	9.36	8.74	-	-
Total Assets	649.78	710.36	556.42	432.12	305.68
Accounts Payable	316.69	298.81	275.78	231.47	140.81
Accrued Expenses	19.92	24.31	20.21	12.39	8.58
Short-Term Debt	17.5	40	20	17.45	17.56
Current Portion of Leases	1.39	0.8	0.08	-	-
Current Income Taxes Payable	-	3.44	6.68	5.55	6.64
Current Unearned Revenue	2.92	0.92	0.75	0.75	0.37
Other Current Liabilities	7.57	10.9	7.58	7.62	9.91
Total Current Liabilities	365.99	379.18	331.09	275.22	183.87
Long-Term Leases	3.44	2.3	0.14	-	-
Total Liabilities	369.44	381.48	331.24	275.22	183.87
Common Stock	215.8	215.8	161.85	78	78
Retained Earnings	-2	50.64	31.45	66.29	36.82
Comprehensive Income & Other	66.55	62.45	31.89	12.61	6.99
Shareholders' Equity	280.34	328.88	225.19	156.9	121.81
Total Liabilities & Equity	649.78	710.36	556.42	432.12	305.68
Total Debt	22.33	43.1	20.22	17.45	17.56
Net Cash (Debt)	3.61	-23.5	-13.8	2.75	-6.25
Net Cash Per Share	0.02	-0.12	-0.09	0.02	-0.04
Filing Date Shares Outstanding	215.79	215.79	215.79	78	148.46
Total Common Shares Outstanding	215.79	215.79	161.84	78	148.46
Working Capital	217.28	261.09	160.24	99.76	68.69
Book Value Per Share	1.30	1.52	1.39	2.01	0.82
Tangible Book Value	280.34	328.88	225.19	156.9	121.81
Tangible Book Value Per Share	1.30	1.52	1.39	2.01	0.82
Buildings	60.86	54.08	51.4	51.33	50.12
Machinery	9.93	9.72	9.53	8.74	4.3
Order Backlog	-	-	-	89.62	117.3

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