HKG:2590 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	2,975	635.98	760.4	1,121
Short-Term Investments	180.58	119.68	223.17	287.55
Trading Asset Securities	3.44	-	50.33	-
Cash & Short-Term Investments	3,159	755.66	1,034	1,409
Cash Growth	318.03%	-26.91%	-26.61%	-
Accounts Receivable	1,011	755.12	747	393.85
Other Receivables	-	13.46	11.76	10.98
Receivables	1,011	768.58	758.76	404.83
Inventory	803.15	1,070	1,246	1,231
Prepaid Expenses	-	18.37	12.7	20.88
Restricted Cash	137.37	130.98	99.01	89.8
Other Current Assets	236.09	185	116.23	93.59
Total Current Assets	5,347	2,929	3,267	3,249
Property, Plant & Equipment	243.45	225.04	132.28	152.91
Long-Term Investments	45.4	32.34	35.11	21.11
Other Intangible Assets	72.14	12.54	11.53	9.2
Other Long-Term Assets	6.07	5.87	1.55	1.6
Total Assets	5,714	3,204	3,447	3,434
Accounts Payable	1,138	1,012	829.97	654.56
Accrued Expenses	-	176.83	217.3	173.92
Short-Term Debt	357.89	413.9	421.17	210.91
Current Portion of Leases	18.97	15.1	27.57	49.13
Current Income Taxes Payable	-	1.77	-	2
Current Unearned Revenue	392.9	610.67	914.06	852.38
Other Current Liabilities	323.47	7,175	6,433	5,774
Total Current Liabilities	2,231	9,404	8,844	7,717
Long-Term Leases	25.04	19.14	20.05	14.2
Long-Term Unearned Revenue	28.79	14.8	13.83	17.75
Other Long-Term Liabilities	21.3	14.82	13.04	12.71
Total Liabilities	2,306	9,453	8,890	7,762
Common Stock	1,337	1,159	1,159	1,159
Retained Earnings	-	-4,539	-3,707	-2,580
Comprehensive Income & Other	2,070	-2,869	-2,895	-2,907
Shareholders' Equity	3,408	-6,249	-5,443	-4,328
Total Liabilities & Equity	5,714	3,204	3,447	3,434
Total Debt	401.9	448.14	468.79	274.24
Net Cash (Debt)	2,757	307.52	565.11	1,134
Net Cash Growth	796.51%	-45.58%	-50.19%	-
Net Cash Per Share	3.48	1.05	1.93	3.88
Filing Date Shares Outstanding	1,292	1,300	292.29	292.29
Total Common Shares Outstanding	1,292	1,159	292.29	292.29
Working Capital	3,116	-6,476	-5,577	-4,468
Book Value Per Share	2.64	-5.39	-18.62	-14.81
Tangible Book Value	3,336	-6,261	-5,455	-4,337
Tangible Book Value Per Share	2.58	-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.