HKG:2545 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	134.96	81.54	68.65	39.85
Short-Term Investments	-	0.03	0.01	0.01
Cash & Short-Term Investments	134.96	81.57	68.66	39.86
Cash Growth	65.45%	18.82%	72.26%	-
Accounts Receivable	1,156	949.69	783.27	697.78
Other Receivables	11.35	12.63	30.35	29.85
Receivables	1,168	962.32	813.62	727.63
Inventory	0.44	0.79	3.79	5.67
Prepaid Expenses	2.74	4.29	28.86	5.41
Other Current Assets	3.2	18.47	23.91	20.08
Total Current Assets	1,309	1,067	938.83	798.65
Property, Plant & Equipment	24.3	34	21.85	21.62
Long-Term Investments	7.42	7.42	-	-
Other Intangible Assets	0.14	-	-	-
Long-Term Accounts Receivable	4.82	27.14	16.53	40.63
Long-Term Deferred Tax Assets	24.33	6.51	23.98	9.12
Other Long-Term Assets	31.47	18.84	33.32	26.99
Total Assets	1,402	1,161	1,035	897
Accounts Payable	454.34	438.05	362.84	386
Accrued Expenses	99.06	80.24	57.63	53.05
Short-Term Debt	373.48	347.46	375.2	311.45
Current Portion of Leases	0.13	0.15	0.05	0.11
Current Income Taxes Payable	25.01	1.26	24.9	9.2
Current Unearned Revenue	6.91	4.8	7.64	5.1
Other Current Liabilities	16.96	159.23	17.09	4.49
Total Current Liabilities	975.88	1,031	845.34	769.4
Long-Term Leases	-	0.13	0.01	-
Long-Term Unearned Revenue	1.78	1.83	1.89	1.94
Other Long-Term Liabilities	-	-	-	1.13
Total Liabilities	977.66	1,033	847.24	772.47
Common Stock	58.47	0.08	0.08	-
Additional Paid-In Capital	111.99	12.11	12.12	-
Retained Earnings	-	116.03	96.95	62.47
Comprehensive Income & Other	253.45	-	76.11	62.06
Total Common Equity	423.9	128.22	185.26	124.54
Minority Interest	-	-	2.02	-
Shareholders' Equity	423.9	128.22	187.27	124.54
Total Liabilities & Equity	1,402	1,161	1,035	897
Total Debt	373.61	347.73	375.26	311.56
Net Cash (Debt)	-238.64	-266.16	-306.6	-271.7
Net Cash Per Share	-0.43	-0.55	-	-
Filing Date Shares Outstanding	640	640	-	-
Total Common Shares Outstanding	640	479.88	-	-
Working Capital	333.19	36.27	93.49	29.25
Book Value Per Share	0.66	0.27	-	-
Tangible Book Value	423.77	128.22	185.26	124.54
Tangible Book Value Per Share	0.66	0.27	-	-
Buildings	-	26.7	24.38	24.38
Machinery	-	6.01	5.71	7.49
Construction In Progress	-	12.87	1.92	0.43
Order Backlog	-	876.67	1,136	584.4

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