HKG:2526 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	12.87	17.1	20.42
Short-Term Investments	21.59	25	24.12
Trading Asset Securities	11	16.5	39.99
Cash & Short-Term Investments	45.46	58.6	84.53
Cash Growth	-22.42%	-30.67%	-
Accounts Receivable	53.02	32.4	6.19
Other Receivables	0.59	0.12	3.96
Receivables	53.61	32.52	10.15
Inventory	22.66	22.86	27.06
Prepaid Expenses	0.81	0.35	1.04
Other Current Assets	13.41	8	7.83
Total Current Assets	135.95	122.33	130.6
Property, Plant & Equipment	29.32	37.24	35.04
Long-Term Investments	42.93	42.9	43
Other Intangible Assets	1.66	1.1	1.63
Long-Term Accounts Receivable	0.16	0.04	-
Other Long-Term Assets	5.56	8.86	10.82
Total Assets	215.58	212.47	221.09
Accounts Payable	17.33	7.43	3.24
Accrued Expenses	10.76	6.5	11.06
Current Portion of Long-Term Debt	-	10	-
Current Portion of Leases	1.47	2.84	3.39
Current Income Taxes Payable	0.01	-	-
Current Unearned Revenue	0.57	0.99	3.7
Other Current Liabilities	15.02	4.1	2.3
Total Current Liabilities	45.16	31.85	23.69
Long-Term Leases	4.45	6.28	1.11
Long-Term Deferred Tax Liabilities	0.25	0.16	0.08
Other Long-Term Liabilities	-	-	281.83
Total Liabilities	49.85	38.29	306.71
Common Stock	80.88	20.88	20.88
Retained Earnings	-	-272.08	-228.7
Comprehensive Income & Other	84.85	425.38	122.2
Shareholders' Equity	165.73	174.18	-85.62
Total Liabilities & Equity	215.58	212.47	221.09
Total Debt	5.92	19.12	4.5
Net Cash (Debt)	39.54	39.48	80.03
Net Cash Growth	0.16%	-50.67%	-
Net Cash Per Share	0.49	0.50	1.05
Filing Date Shares Outstanding	80.88	80.88	76.18
Total Common Shares Outstanding	80.88	80.88	76.18
Working Capital	90.8	90.48	106.91
Book Value Per Share	2.05	2.15	-1.12
Tangible Book Value	164.06	173.08	-87.24
Tangible Book Value Per Share	2.03	2.14	-1.15
Machinery	-	31.79	24.34
Leasehold Improvements	-	16.01	16.76

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