HKG:2595 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	1,197	362.13	332.2
Short-Term Investments	877.22	32.79	-
Trading Asset Securities	0.02	-	-
Cash & Short-Term Investments	2,075	394.92	332.2
Cash Growth	425.35%	18.88%	-
Accounts Receivable	15.92	109.15	72.35
Other Receivables	-	26.14	10.01
Receivables	15.92	135.29	82.36
Inventory	17.34	5.59	2.06
Prepaid Expenses	53.42	-	-
Restricted Cash	0.14	-	-
Other Current Assets	-	32.46	34.13
Total Current Assets	2,161	568.25	450.74
Property, Plant & Equipment	21.77	27.74	43.96
Long-Term Investments	-	-	31.75
Other Intangible Assets	1.08	1.26	1.4
Other Long-Term Assets	11.26	9.58	8.28
Total Assets	2,196	606.82	536.13
Accounts Payable	24.13	6.29	8.36
Accrued Expenses	130.96	93.62	73.99
Short-Term Debt	83.9	51.13	5.31
Current Portion of Leases	5.5	4.24	5.53
Current Unearned Revenue	18.18	42.2	101.91
Other Current Liabilities	106.83	2,296	1,637
Total Current Liabilities	369.49	2,493	1,832
Long-Term Leases	11.52	13.98	20.84
Long-Term Unearned Revenue	-	-	0.5
Other Long-Term Liabilities	-	55.68	-
Total Liabilities	381.01	2,563	1,853
Common Stock	37.04	26.77	22.03
Additional Paid-In Capital	-	714.85	1,246
Retained Earnings	-	-1,303	-1,359
Comprehensive Income & Other	1,778	-1,395	-1,226
Shareholders' Equity	1,815	-1,956	-1,317
Total Liabilities & Equity	2,196	606.82	536.13
Total Debt	100.92	69.35	31.67
Net Cash (Debt)	1,974	325.57	300.52
Net Cash Growth	506.26%	8.33%	-
Net Cash Per Share	6.67	12.59	13.64
Filing Date Shares Outstanding	565.76	26.77	22.03
Total Common Shares Outstanding	565.76	26.77	22.03
Working Capital	1,792	-1,925	-1,381
Book Value Per Share	3.21	-73.07	-59.80
Tangible Book Value	1,814	-1,958	-1,319
Tangible Book Value Per Share	3.21	-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.