HKG:2589 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	987.47	342.66	631.31	193.01
Short-Term Investments	-	23.46	3.25	1.99
Trading Asset Securities	782.13	948.14	431.26	260.9
Cash & Short-Term Investments	1,770	1,314	1,066	455.9
Cash Growth	288.15%	23.31%	133.78%	-
Accounts Receivable	2.37	2.9	0.7	-
Other Receivables	-	60.13	34.81	40.67
Receivables	2.37	63.03	35.51	40.67
Inventory	168.93	197.7	172.3	168.56
Restricted Cash	13.19	80	30.36	-
Other Current Assets	172.27	2.72	2.69	2.11
Total Current Assets	2,126	1,658	1,307	667.24
Property, Plant & Equipment	108.57	136.89	186.92	204.84
Long-Term Investments	92.84	3.5	3	7.15
Other Intangible Assets	13.43	11.08	7.04	4.96
Long-Term Accounts Receivable	-	6.08	-	-
Long-Term Deferred Tax Assets	23.01	25.79	29.19	28.8
Other Long-Term Assets	24.88	14.74	15.26	12.2
Total Assets	2,389	1,856	1,548	925.2
Accounts Payable	254.43	226.25	219.81	186.51
Accrued Expenses	-	152.9	129.45	88.76
Short-Term Debt	29.75	29.92	-	1
Current Portion of Leases	36.5	41.63	54.63	52.94
Current Income Taxes Payable	59.49	48.46	24.11	17.19
Current Unearned Revenue	62.49	56.83	95.05	74.77
Other Current Liabilities	226.83	60.11	102.29	37.31
Total Current Liabilities	669.49	616.11	625.33	458.48
Long-Term Leases	33.95	54.46	74.5	82.68
Long-Term Unearned Revenue	4.41	1.11	9.28	19.46
Long-Term Deferred Tax Liabilities	0.02	0.02	-	-
Total Liabilities	707.86	671.7	709.11	560.62
Common Stock	105.2	102.43	100	-
Additional Paid-In Capital	-	-	-	10.9
Retained Earnings	-	616.72	446.56	207.64
Comprehensive Income & Other	1,576	464.94	292.41	146.04
Shareholders' Equity	1,681	1,184	838.97	364.58
Total Liabilities & Equity	2,389	1,856	1,548	925.2
Total Debt	100.2	126.01	129.13	136.62
Net Cash (Debt)	1,669	1,188	936.69	319.28
Net Cash Growth	422.86%	26.86%	193.37%	-
Net Cash Per Share	16.24	11.63	9.71	3.41
Filing Date Shares Outstanding	103.19	104.84	96.48	93.77
Total Common Shares Outstanding	103.19	102.43	96.48	93.77
Working Capital	1,457	1,042	681.34	208.76
Book Value Per Share	16.29	11.56	8.70	3.89
Tangible Book Value	1,668	1,173	831.93	359.61
Tangible Book Value Per Share	16.16	11.45	8.62	3.84
Machinery	-	48.88	46.42	35.22
Construction In Progress	-	0.65	10.47	13.99
Leasehold Improvements	-	43.91	45.87	41.98

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