HKG:2531 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
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
Cash & Equivalents	353.47	410.33	157.22	138.24	45.16
Short-Term Investments	36.96	38.82	-	53.53	27.4
Trading Asset Securities	7.63	7.1	158.33	138.55	130.38
Cash & Short-Term Investments	398.05	456.25	315.55	330.31	202.95
Cash Growth	82.75%	44.59%	-4.47%	62.76%	-
Accounts Receivable	140.7	124.04	95.83	90.65	69.6
Other Receivables	20.22	13.83	3.56	1.77	2.32
Receivables	160.91	137.87	99.39	92.42	71.92
Inventory	67.74	58.01	35.69	14.75	11.78
Prepaid Expenses	0.17	0.37	0.27	-	-
Other Current Assets	49.97	46.5	50.87	44.81	35.62
Total Current Assets	676.84	699	501.77	482.29	322.27
Property, Plant & Equipment	9.82	10.85	9.92	15.54	13.47
Long-Term Investments	173.92	140.11	17.17	9.79	125.03
Other Intangible Assets	25.64	26.45	22.7	16.76	7.32
Long-Term Deferred Tax Assets	13.24	8.48	2.92	4.7	6.06
Long-Term Deferred Charges	4.53	7.25	11.37	10.5	21.95
Other Long-Term Assets	16.86	15.61	-	22.4	22.43
Total Assets	925.75	907.75	565.85	561.98	518.52
Accounts Payable	76.41	105.25	48.16	71.13	40.92
Accrued Expenses	5.98	11.65	13.8	12.49	6.94
Short-Term Debt	93.08	42.32	43.42	35.54	38.22
Current Portion of Leases	1.38	1.39	2.31	2.35	1.81
Current Income Taxes Payable	1.73	1.74	1.32	2.13	0.16
Current Unearned Revenue	48.13	59.18	58.98	95.44	111.66
Other Current Liabilities	3.79	5.3	7.54	6.27	6.34
Total Current Liabilities	230.5	226.84	175.53	225.35	206.06
Long-Term Leases	2.21	2.38	0.44	2.04	0.66
Long-Term Unearned Revenue	14.56	19.31	21.99	21.06	34.81
Long-Term Deferred Tax Liabilities	0.13	-	2.58	2.12	0.08
Total Liabilities	247.4	248.53	200.54	250.57	241.6
Common Stock	0.26	0.26	0.04	60	60
Additional Paid-In Capital	-	494.89	245.41	-	-
Retained Earnings	-	161.68	117.24	85.51	41.37
Comprehensive Income & Other	678.26	2.58	2.72	161.22	171.8
Total Common Equity	678.52	659.4	365.41	306.73	273.17
Minority Interest	-0.17	-0.18	-0.1	4.68	3.75
Shareholders' Equity	678.35	659.22	365.31	311.41	276.92
Total Liabilities & Equity	925.75	907.75	565.85	561.98	518.52
Total Debt	96.67	46.08	46.17	39.93	40.7
Net Cash (Debt)	301.38	410.16	269.38	290.39	162.25
Net Cash Growth	85.26%	52.26%	-7.23%	78.97%	-
Net Cash Per Share	0.62	1.23	0.90	1.01	0.57
Filing Date Shares Outstanding	366.6	366.6	303	286.77	286.77
Total Common Shares Outstanding	366.6	366.6	303	286.77	286.77
Working Capital	446.34	472.17	326.24	256.94	116.21
Book Value Per Share	1.85	1.80	1.21	1.07	0.95
Tangible Book Value	647.98	632.96	342.71	289.97	265.85
Tangible Book Value Per Share	1.77	1.73	1.13	1.01	0.93
Machinery	-	13.42	11.96	11.55	10.39
Construction In Progress	-	1.61	0.04	-	-
Leasehold Improvements	-	15.13	14.43	13.99	10.18

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.