HKG:2595 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	346.53	362.13	332.2
Short-Term Investments	-	32.79	-
Cash & Short-Term Investments	366.53	394.92	332.2
Cash Growth	-	18.88%	-
Accounts Receivable	96.9	109.15	72.35
Other Receivables	20.46	26.14	10.01
Receivables	117.35	135.29	82.36
Inventory	0.92	5.59	2.06
Other Current Assets	33.3	32.46	34.13
Total Current Assets	518.1	568.25	450.74
Property, Plant & Equipment	22.89	27.74	43.96
Long-Term Investments	-	-	31.75
Other Intangible Assets	1.17	1.26	1.4
Other Long-Term Assets	9.77	9.58	8.28
Total Assets	551.92	606.82	536.13
Accounts Payable	28.42	6.29	8.36
Accrued Expenses	84.89	93.62	73.99
Short-Term Debt	79	51.13	5.31
Current Portion of Leases	4.62	4.24	5.53
Current Unearned Revenue	17.78	42.2	101.91
Other Current Liabilities	2,911	2,296	1,637
Total Current Liabilities	3,125	2,493	1,832
Long-Term Leases	11.63	13.98	20.84
Long-Term Unearned Revenue	-	-	0.5
Other Long-Term Liabilities	56.43	55.68	-
Total Liabilities	3,194	2,563	1,853
Common Stock	26.77	26.77	22.03
Additional Paid-In Capital	714.85	714.85	1,246
Retained Earnings	-2,001	-1,303	-1,359
Comprehensive Income & Other	-1,382	-1,395	-1,226
Shareholders' Equity	-2,642	-1,956	-1,317
Total Liabilities & Equity	551.92	606.82	536.13
Total Debt	95.25	69.35	31.67
Net Cash (Debt)	271.27	325.57	300.52
Net Cash Growth	-	8.33%	-
Net Cash Per Share	10.31	12.59	13.64
Filing Date Shares Outstanding	32.34	26.77	22.03
Total Common Shares Outstanding	32.34	26.77	22.03
Working Capital	-2,607	-1,925	-1,381
Book Value Per Share	-81.69	-73.07	-59.80
Tangible Book Value	-2,643	-1,958	-1,319
Tangible Book Value Per Share	-81.72	-73.11	-59.87
Machinery	-	46.08	46.19
Leasehold Improvements	-	13.52	12.99

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