HKG:2555 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	3,071	3,560	715.99	226.03	128.14
Short-Term Investments	-	-	230	-	-
Trading Asset Securities	28.63	171.47	1,392	772.8	387.73
Cash & Short-Term Investments	3,100	3,731	2,338	998.84	515.87
Cash Growth	-16.92%	59.63%	134.03%	93.62%	-
Accounts Receivable	45.67	9.27	7.19	6.2	6.66
Other Receivables	38.42	32.67	22.9	109.47	153.66
Receivables	84.09	41.94	30.09	115.67	160.32
Inventory	264.27	206.82	201.17	192.48	113.08
Prepaid Expenses	43.21	123.82	1.31	-	-
Other Current Assets	6.45	33.73	31.73	42.29	58.77
Total Current Assets	3,498	4,138	2,602	1,349	848.04
Property, Plant & Equipment	327.47	356.44	346.29	250.7	118.53
Long-Term Investments	702.95	720.89	2.5	-	-
Other Intangible Assets	109.25	98.83	51.2	16.45	6.9
Long-Term Deferred Tax Assets	159.39	150.53	83.37	66.48	74.87
Other Long-Term Assets	32.42	29.58	0.3	-	-
Total Assets	4,830	5,494	3,085	1,683	1,048
Accounts Payable	249.1	295.02	354.67	351.15	116.61
Accrued Expenses	113.65	147.51	165.12	102.87	125.89
Current Portion of Leases	39.63	40.74	40.95	37.5	28.65
Current Income Taxes Payable	29.67	27.12	38.21	23.94	15.31
Current Unearned Revenue	93.61	136.89	176.68	160.86	116.78
Other Current Liabilities	188.82	763.94	250.83	151.57	128.71
Total Current Liabilities	714.47	1,411	1,026	827.88	531.94
Long-Term Leases	41.41	64.77	42.58	38.58	29.09
Long-Term Unearned Revenue	42.28	82.42	147.53	153.27	186.26
Long-Term Deferred Tax Liabilities	12.6	1.87	1.29	0.56	0.02
Other Long-Term Liabilities	-	-	1,021	-	-
Total Liabilities	810.76	1,560	2,239	1,020	747.32
Common Stock	147.76	147.76	125.64	-	-
Additional Paid-In Capital	-	3,421	-	100	100
Retained Earnings	-	494	553.77	435.74	81.42
Comprehensive Income & Other	3,828	-153.53	143.67	114.88	114.88
Total Common Equity	3,976	3,909	823.08	650.62	296.3
Minority Interest	43.13	24.51	23.57	12	4.73
Shareholders' Equity	4,019	3,934	846.65	662.62	301.03
Total Liabilities & Equity	4,830	5,494	3,085	1,683	1,048
Total Debt	81.04	105.51	83.52	76.08	57.74
Net Cash (Debt)	3,019	3,626	2,254	922.76	458.13
Net Cash Growth	-16.74%	60.86%	144.27%	101.42%	-
Net Cash Per Share	2.04	2.58	1.94	0.92	0.46
Filing Date Shares Outstanding	1,478	1,478	1,256	1,000	992.21
Total Common Shares Outstanding	1,478	1,478	1,256	1,000	992.21
Working Capital	2,784	2,726	1,575	521.39	316.1
Book Value Per Share	2.69	2.65	0.66	0.65	0.30
Tangible Book Value	3,866	3,810	771.88	634.17	289.4
Tangible Book Value Per Share	2.62	2.58	0.61	0.63	0.29
Buildings	-	143.55	162.17	-	-
Machinery	-	73.57	42.19	21.28	14.09
Construction In Progress	-	0.49	22.5	113.91	47.13
Leasehold Improvements	-	44.03	33.59	19.05	7.58

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