HKG:2560 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	426.56	131.39	166.1	131.76	214.31
Short-Term Investments	-	18.9	20.09	-	-
Trading Asset Securities	100.2	40	-	-	-
Cash & Short-Term Investments	526.76	190.28	186.19	131.76	214.31
Cash Growth	176.83%	2.20%	41.32%	-38.52%	-
Accounts Receivable	886.26	866.72	770.01	632.81	359.7
Other Receivables	-	13.7	13.62	-	-
Receivables	886.26	880.42	783.62	632.81	359.7
Inventory	143.68	101.52	102.9	118.6	52.94
Other Current Assets	-	14.58	9.34	-	0.13
Total Current Assets	1,557	1,187	1,082	883.17	627.08
Property, Plant & Equipment	1,283	1,196	1,194	1,169	938.18
Goodwill	28.69	28.69	28.69	28.69	28.69
Other Intangible Assets	8.85	11.32	13.85	11.44	13.49
Long-Term Accounts Receivable	10.36	8.53	2.5	24.05	37.85
Long-Term Deferred Tax Assets	27.27	28.07	24.1	22.93	15.19
Total Assets	2,915	2,459	2,345	2,139	1,660
Accounts Payable	215.94	211.55	195.71	154.45	133.1
Accrued Expenses	55.85	63.2	59.13	59.88	53.26
Short-Term Debt	-	-	-	-	15
Current Portion of Long-Term Debt	711.26	720.21	701.64	712.08	312
Current Portion of Leases	1.99	4.36	1.78	1.74	1.67
Current Income Taxes Payable	10.05	22.61	12.31	6.86	5.46
Current Unearned Revenue	21.79	12.48	13.45	11.39	2.46
Other Current Liabilities	65.52	69.52	114.58	128.9	111.81
Total Current Liabilities	1,082	1,104	1,099	1,075	634.75
Long-Term Debt	292.43	198.49	245.64	391.7	441.09
Long-Term Leases	8.47	9.61	4.02	2.05	3.8
Long-Term Unearned Revenue	36.77	39.55	36.41	9.62	5.16
Long-Term Deferred Tax Liabilities	9.67	11.28	12.33	13.9	15.27
Total Liabilities	1,430	1,363	1,397	1,493	1,100
Common Stock	579.89	434.92	434.92	361.56	-
Additional Paid-In Capital	-	-	-	-	138
Comprehensive Income & Other	795.19	555.71	430.04	229.38	393.32
Total Common Equity	1,375	990.63	864.96	590.94	531.32
Minority Interest	109.89	105.76	83.51	55.54	29.09
Shareholders' Equity	1,485	1,096	948.47	646.48	560.41
Total Liabilities & Equity	2,915	2,459	2,345	2,139	1,660
Total Debt	1,014	932.67	953.07	1,108	773.55
Net Cash (Debt)	-487.39	-742.39	-766.88	-975.82	-559.25
Net Cash Per Share	-0.64	-1.71	-1.79	-2.70	-1.55
Filing Date Shares Outstanding	765.27	579.89	434.92	361.56	361.56
Total Common Shares Outstanding	765.27	434.92	434.92	361.56	361.56
Working Capital	474.3	82.86	-16.54	-192.14	-7.68
Book Value Per Share	1.80	2.28	1.99	1.63	1.47
Tangible Book Value	1,338	950.62	822.42	550.82	489.14
Tangible Book Value Per Share	1.75	2.19	1.89	1.52	1.35
Machinery	-	1,248	1,174	1,069	422.31
Construction In Progress	-	2.67	16.33	50.96	422.62

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