HKG:2583 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	FY 2017
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	Dec '17 Dec 31, 2017
Cash & Equivalents	36.87	13.98	21.73	31.82	20.59	4.23
Cash & Short-Term Investments	36.87	13.98	21.73	31.82	20.59	4.23
Cash Growth	15.85%	-35.64%	-31.73%	54.55%	387.16%	-90.92%
Accounts Receivable	53.38	65.23	42.61	58.99	27.75	38.51
Other Receivables	0.01	0.01	0.01	0.07	1.73	2.88
Receivables	53.39	65.23	42.62	59.06	29.49	41.39
Inventory	721.24	656.14	632.61	513.08	480.74	150.26
Prepaid Expenses	-	-	-	-	0.52	8.45
Other Current Assets	19.87	22.7	7.25	3.78	5.03	10.17
Total Current Assets	831.37	758.06	704.21	607.75	536.36	214.49
Property, Plant & Equipment	99.4	85.88	53.27	24.56	24.91	10.84
Long-Term Investments	2.1	2.1	2.1	4.5	4.5	-
Other Intangible Assets	2.02	0.82	0.44	0.42	3.71	0.66
Long-Term Deferred Tax Assets	3.82	4.44	2.73	2.16	1.54	0.18
Long-Term Deferred Charges	-	-	-	-	3.38	3.45
Other Long-Term Assets	0.61	6.64	13.13	0.87	0.23	-
Total Assets	939.32	857.93	775.86	640.26	574.63	229.63
Accounts Payable	16.41	17.79	16.88	16.03	16.16	7.7
Accrued Expenses	26.59	19.99	13.36	15.84	4.09	1.88
Short-Term Debt	58.1	51.64	38.85	28.32	53.92	46.67
Current Portion of Long-Term Debt	62.25	61.6	67.08	60.87	3.53	-
Current Portion of Leases	3.43	2.77	2.29	3.15	-	-
Current Income Taxes Payable	10.63	5.26	1.86	2.43	4.89	3.16
Current Unearned Revenue	1.03	0.46	0.55	1.57	-	-
Other Current Liabilities	9.02	9.46	2.64	27.38	3.68	11.79
Total Current Liabilities	187.46	168.98	143.5	155.6	86.27	71.21
Long-Term Debt	33.75	27.19	-	-	-	-
Long-Term Leases	1.86	2.35	2.03	3.28	-	-
Long-Term Unearned Revenue	0.31	-	-	0.18	0.38	-
Long-Term Deferred Tax Liabilities	-	-	-	-	0.03	-
Other Long-Term Liabilities	-	-	-	-	6.95	-
Total Liabilities	223.38	198.51	145.53	159.07	93.63	71.21
Common Stock	48.23	48.23	48.23	40.58	40.58	36.67
Additional Paid-In Capital	230.58	230.58	230.58	117.07	117.07	54.54
Retained Earnings	432.21	376.83	349.69	323.26	323.35	67.21
Comprehensive Income & Other	4.93	3.79	1.83	0.28	-	-
Shareholders' Equity	715.94	659.42	630.33	481.19	481	158.42
Total Liabilities & Equity	939.32	857.93	775.86	640.26	574.63	229.63
Total Debt	159.39	145.55	110.25	95.63	57.45	46.67
Net Cash (Debt)	-122.52	-131.57	-88.52	-63.81	-36.85	-42.45
Net Cash Per Share	-2.54	-2.73	-1.99	-1.57	-0.91	-1.16
Filing Date Shares Outstanding	58.83	58.83	44.4	40.58	40.58	36.57
Total Common Shares Outstanding	58.83	48.23	44.4	40.58	40.58	36.57
Working Capital	643.92	589.08	560.7	452.14	450.09	143.28
Book Value Per Share	12.17	13.67	14.20	11.86	11.85	4.33
Tangible Book Value	713.92	658.6	629.89	480.77	477.3	157.76
Tangible Book Value Per Share	12.14	13.66	14.19	11.85	11.76	4.31
Machinery	-	28.03	26.81	25.71	-	-
Construction In Progress	-	66.27	32.63	0.15	-	-
Leasehold Improvements	-	4.75	4.39	3.78	-	-

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