HKG:2590 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	625.62	635.98	760.4	1,121
Short-Term Investments	121.43	119.68	223.17	287.55
Trading Asset Securities	-	-	50.33	-
Cash & Short-Term Investments	747.05	755.66	1,034	1,409
Cash Growth	-46.97%	-26.91%	-26.61%	-
Accounts Receivable	766.85	755.12	747	393.85
Other Receivables	21.58	13.46	11.76	10.98
Receivables	788.43	768.58	758.76	404.83
Inventory	1,488	1,070	1,246	1,231
Prepaid Expenses	8.79	18.37	12.7	20.88
Restricted Cash	132.09	130.98	99.01	89.8
Other Current Assets	211.46	185	116.23	93.59
Total Current Assets	3,375	2,929	3,267	3,249
Property, Plant & Equipment	223.17	225.04	132.28	152.91
Long-Term Investments	56.59	32.34	35.11	21.11
Other Intangible Assets	12.27	12.54	11.53	9.2
Other Long-Term Assets	36.09	5.87	1.55	1.6
Total Assets	3,704	3,204	3,447	3,434
Accounts Payable	1,171	1,012	829.97	654.56
Accrued Expenses	131.13	176.83	217.3	173.92
Short-Term Debt	563.54	413.9	421.17	210.91
Current Portion of Leases	11.97	15.1	27.57	49.13
Current Income Taxes Payable	2.29	1.77	-	2
Current Unearned Revenue	915.49	610.67	914.06	852.38
Other Current Liabilities	7,150	7,175	6,433	5,774
Total Current Liabilities	9,946	9,404	8,844	7,717
Long-Term Leases	13.57	19.14	20.05	14.2
Long-Term Unearned Revenue	20.01	14.8	13.83	17.75
Other Long-Term Liabilities	16.63	14.82	13.04	12.71
Total Liabilities	9,996	9,453	8,890	7,762
Common Stock	1,159	1,159	1,159	1,159
Retained Earnings	-4,587	-4,539	-3,707	-2,580
Comprehensive Income & Other	-2,865	-2,869	-2,895	-2,907
Shareholders' Equity	-6,292	-6,249	-5,443	-4,328
Total Liabilities & Equity	3,704	3,204	3,447	3,434
Total Debt	589.07	448.14	468.79	274.24
Net Cash (Debt)	157.99	307.52	565.11	1,134
Net Cash Growth	-86.07%	-45.58%	-50.19%	-
Net Cash Per Share	0.54	1.05	1.93	3.88
Filing Date Shares Outstanding	292.29	1,300	292.29	292.29
Total Common Shares Outstanding	292.29	1,159	292.29	292.29
Working Capital	-6,570	-6,476	-5,577	-4,468
Book Value Per Share	-21.53	-5.39	-18.62	-14.81
Tangible Book Value	-6,305	-6,261	-5,455	-4,337
Tangible Book Value Per Share	-21.57	-5.40	-18.66	-14.84
Land	-	5.49	5.49	-
Buildings	-	90.24	-	-
Machinery	-	128.1	134.21	206.75
Construction In Progress	-	56.7	37.06	-

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