HKG:2521 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	67.88	91.11	148.57	54.72	52.19
Short-Term Investments	-	3.65	4.26	5.95	8.72
Cash & Short-Term Investments	67.88	94.76	152.84	60.67	60.91
Cash Growth	-28.36%	-38.00%	151.91%	-0.40%	-17.18%
Accounts Receivable	303.12	268.07	232.3	207.5	166.5
Other Receivables	69.51	5.3	5.46	6.96	11.59
Receivables	372.63	273.38	237.76	214.46	178.09
Prepaid Expenses	-	3.5	3.25	1.91	2.17
Other Current Assets	0.23	8.87	6.03	8.38	6.64
Total Current Assets	440.74	380.5	399.87	285.43	247.82
Property, Plant & Equipment	77.03	54.11	15.65	14.48	15.74
Long-Term Investments	106.03	101.16	-	-	-
Other Intangible Assets	6.38	-	-	-	-
Long-Term Deferred Tax Assets	8.11	6.65	5.08	4.97	4.34
Other Long-Term Assets	33.26	27.9	19.77	11.31	10.17
Total Assets	671.55	570.32	440.35	316.17	278.07
Accounts Payable	31.08	19.99	31.19	31.51	32.67
Accrued Expenses	-	58.22	61.72	59.12	58.37
Short-Term Debt	66.7	39.71	-	-	10.01
Current Portion of Leases	6.07	5.76	0.7	0.68	0.67
Current Income Taxes Payable	17.68	16.27	20.9	20.19	19.24
Current Unearned Revenue	1.73	-	-	-	-
Other Current Liabilities	78.66	24.66	20.79	21.13	7.7
Total Current Liabilities	201.92	164.6	135.3	132.62	128.65
Long-Term Leases	8.92	14.28	6.23	6.52	6.77
Long-Term Deferred Tax Liabilities	-	6.54	-	-	-
Other Long-Term Liabilities	1.43	-	-	-	-
Total Liabilities	212.27	185.42	141.54	139.14	135.42
Common Stock	17.73	15.95	14.73	-	-
Additional Paid-In Capital	-	118.8	83.17	4	4
Retained Earnings	-	251.36	202.13	174.25	139.86
Comprehensive Income & Other	436.86	-1.21	-1.21	-1.21	-1.21
Total Common Equity	454.59	384.9	298.82	177.03	142.64
Minority Interest	4.69	-	-	-	-
Shareholders' Equity	459.28	384.9	298.82	177.03	142.64
Total Liabilities & Equity	671.55	570.32	440.35	316.17	278.07
Total Debt	81.69	59.75	6.94	7.2	17.45
Net Cash (Debt)	-13.81	35.01	145.9	53.47	43.46
Net Cash Growth	-	-76.01%	172.87%	23.02%	-33.98%
Net Cash Per Share	-0.01	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	238.82	215.9	264.57	152.81	119.17
Book Value Per Share	0.23	0.22	0.18	0.14	-
Tangible Book Value	448.21	384.9	298.82	177.03	142.64
Tangible Book Value Per Share	0.23	0.22	0.18	0.14	-
Buildings	-	8.18	7.5	7.5	7.5
Machinery	-	53.91	31.82	27.45	25.51
Construction In Progress	-	2.75	-	-	-
Leasehold Improvements	-	0.46	-	-	-
Order Backlog	-	-	-	-	494.95

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