HKG:2545 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	47.35	134.96	81.54	68.65	39.85
Short-Term Investments	-	-	0.03	0.01	0.01
Cash & Short-Term Investments	47.35	134.96	81.57	68.66	39.86
Cash Growth	611.82%	65.45%	18.82%	72.26%	-
Accounts Receivable	1,184	1,156	949.69	783.27	697.78
Other Receivables	14.23	11.35	12.63	30.35	29.85
Receivables	1,198	1,168	962.32	813.62	727.63
Inventory	0.44	0.44	0.79	3.79	5.67
Prepaid Expenses	50.54	2.74	4.29	28.86	5.41
Other Current Assets	25.6	3.2	18.47	23.91	20.08
Total Current Assets	1,322	1,309	1,067	938.83	798.65
Property, Plant & Equipment	23.64	24.3	34	21.85	21.62
Long-Term Investments	7.57	7.42	7.42	-	-
Other Intangible Assets	0.13	0.14	-	-	-
Long-Term Accounts Receivable	4.95	4.82	27.14	16.53	40.63
Long-Term Deferred Tax Assets	26.88	24.33	6.51	23.98	9.12
Other Long-Term Assets	31.05	31.47	18.84	33.32	26.99
Total Assets	1,416	1,402	1,161	1,035	897
Accounts Payable	297.38	454.34	438.05	362.84	386
Accrued Expenses	107.39	99.06	80.24	57.63	53.05
Short-Term Debt	544.96	373.48	347.46	375.2	311.45
Current Portion of Leases	0.07	0.13	0.15	0.05	0.11
Current Income Taxes Payable	13.17	25.01	1.26	24.9	9.2
Current Unearned Revenue	7.34	6.91	4.8	7.64	5.1
Other Current Liabilities	16.11	16.96	159.23	17.09	4.49
Total Current Liabilities	986.4	975.88	1,031	845.34	769.4
Long-Term Leases	-	-	0.13	0.01	-
Long-Term Unearned Revenue	1.75	1.78	1.83	1.89	1.94
Other Long-Term Liabilities	-	-	-	-	1.13
Total Liabilities	988.15	977.66	1,033	847.24	772.47
Common Stock	58.47	58.47	0.08	0.08	-
Additional Paid-In Capital	111.99	111.99	12.11	12.12	-
Retained Earnings	129.93	125.74	116.03	96.95	62.47
Comprehensive Income & Other	127.72	127.72	-	76.11	62.06
Total Common Equity	428.1	423.9	128.22	185.26	124.54
Minority Interest	-	-	-	2.02	-
Shareholders' Equity	428.1	423.9	128.22	187.27	124.54
Total Liabilities & Equity	1,416	1,402	1,161	1,035	897
Total Debt	545.03	373.61	347.73	375.26	311.56
Net Cash (Debt)	-497.68	-238.64	-266.16	-306.6	-271.7
Net Cash Per Share	-0.78	-0.43	-0.56	-	-
Filing Date Shares Outstanding	640	640	640	-	-
Total Common Shares Outstanding	640	640	479.88	-	-
Working Capital	335.62	333.19	36.27	93.49	29.25
Book Value Per Share	0.67	0.66	0.27	-	-
Tangible Book Value	427.97	423.77	128.22	185.26	124.54
Tangible Book Value Per Share	0.67	0.66	0.27	-	-
Buildings	-	26.89	26.61	24.38	24.38
Machinery	-	9.76	6.01	5.71	7.49
Construction In Progress	-	-	12.87	1.92	0.43
Order Backlog	-	-	-	1,136	584.4

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