HKG:2521 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	Jun '25 Jun 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	104.95	91.11	148.57	54.72	52.19	67.44
Short-Term Investments	-	3.65	4.26	5.95	8.72	6.11
Cash & Short-Term Investments	104.95	94.76	152.84	60.67	60.91	73.55
Cash Growth	2.35%	-38.00%	151.91%	-0.40%	-17.18%	-
Accounts Receivable	349.4	268.07	232.3	207.5	166.5	135.65
Other Receivables	-	5.3	5.46	6.96	11.59	10.86
Receivables	349.4	273.38	237.76	214.46	178.09	146.51
Prepaid Expenses	-	3.5	3.25	1.91	2.17	2.83
Other Current Assets	1.42	8.87	6.03	8.38	6.64	1.2
Total Current Assets	455.77	380.5	399.87	285.43	247.82	224.09
Property, Plant & Equipment	52.42	54.11	15.65	14.48	15.74	14.96
Long-Term Investments	91.96	101.16	-	-	-	-
Long-Term Deferred Tax Assets	7.44	6.65	5.08	4.97	4.34	3.81
Other Long-Term Assets	28.38	27.9	19.77	11.31	10.17	12.94
Total Assets	635.97	570.32	440.35	316.17	278.07	255.79
Accounts Payable	67.89	19.99	31.19	31.51	32.67	28.48
Accrued Expenses	-	58.22	61.72	59.12	58.37	60.41
Short-Term Debt	30.12	39.71	-	-	10.01	-
Current Portion of Leases	5.49	5.76	0.7	0.68	0.67	0.72
Current Income Taxes Payable	18.01	16.27	20.9	20.19	19.24	17.25
Other Current Liabilities	54.66	24.66	20.79	21.13	7.7	0.5
Total Current Liabilities	176.17	164.6	135.3	132.62	128.65	107.36
Long-Term Leases	14.39	14.28	6.23	6.52	6.77	7
Long-Term Deferred Tax Liabilities	9.02	6.54	-	-	-	-
Total Liabilities	199.58	185.42	141.54	139.14	135.42	114.36
Common Stock	17.72	15.95	14.73	-	-	12.82
Additional Paid-In Capital	-	118.8	83.17	4	4	-
Retained Earnings	-	251.36	202.13	174.25	139.86	128.12
Comprehensive Income & Other	418.67	-1.21	-1.21	-1.21	-1.21	0.5
Shareholders' Equity	436.39	384.9	298.82	177.03	142.64	141.44
Total Liabilities & Equity	635.97	570.32	440.35	316.17	278.07	255.79
Total Debt	50	59.75	6.94	7.2	17.45	7.71
Net Cash (Debt)	54.95	35.01	145.9	53.47	43.46	65.84
Net Cash Growth	-34.55%	-76.01%	172.87%	23.02%	-33.98%	-
Net Cash Per Share	0.03	0.02	0.11	0.04	-	-
Filing Date Shares Outstanding	1,950	1,756	1,625	1,251	-	-
Total Common Shares Outstanding	1,950	1,756	1,625	1,251	-	-
Working Capital	279.6	215.9	264.57	152.81	119.17	116.73
Book Value Per Share	0.22	0.22	0.18	0.14	-	-
Tangible Book Value	436.39	384.9	298.82	177.03	142.64	141.44
Tangible Book Value Per Share	0.22	0.22	0.18	0.14	-	-
Buildings	-	8.18	7.5	7.5	7.5	7.34
Machinery	-	53.91	31.82	27.45	25.51	21.65
Construction In Progress	-	2.75	-	-	-	-
Leasehold Improvements	-	0.46	-	-	-	-
Order Backlog	-	-	-	-	494.95	417.66

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