HKG:2623 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	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	69.91	80	146.13	124.67	191.29	124.4
Cash & Short-Term Investments	69.91	80	146.13	124.67	191.29	124.4
Cash Growth	-5.34%	-45.26%	17.22%	-34.83%	53.77%	38.53%
Accounts Receivable	4.86	33.08	30.31	40.36	26.12	36.73
Other Receivables	239.68	260.93	1.46	2.16	3.88	1.26
Receivables	244.54	294.01	31.78	42.52	30	37.99
Inventory	4.13	3.77	9.7	49.46	92.64	71.59
Prepaid Expenses	-	7.27	7.27	7.28	7.28	7.28
Other Current Assets	41.53	38.24	40.9	90.95	121.37	148.28
Total Current Assets	360.11	423.29	235.78	314.87	442.58	389.54
Property, Plant & Equipment	460.45	380.75	386.2	312.07	212.68	227.04
Long-Term Investments	5.18	3.42	11.18	13.4	4.26	4.47
Other Intangible Assets	157.19	157.19	222.17	-	-	-
Other Long-Term Assets	52.07	51.33	13.97	105.71	46.45	41.46
Total Assets	1,035	1,016	869.3	746.05	705.97	662.51
Accounts Payable	12.09	20.9	48.89	34.41	27.43	19.19
Accrued Expenses	1.75	29.53	6.03	7.91	9.09	7.74
Short-Term Debt	374.3	267.13	118	115.4	60	60
Current Portion of Long-Term Debt	-	-	-	8	116.32	-
Current Portion of Leases	0.32	0.87	0.48	0.93	0.82	1.18
Current Income Taxes Payable	3.49	7.6	19.24	12.77	-	-
Current Unearned Revenue	2.63	6.16	4.09	166.84	125.85	47.43
Other Current Liabilities	20.97	64.23	64.62	31.68	57.92	52.75
Total Current Liabilities	415.56	396.41	261.34	377.96	397.43	188.28
Long-Term Debt	-	-	-	-	4.33	129.52
Long-Term Leases	-	-	1.39	1.84	-	0.72
Long-Term Unearned Revenue	-	-	0.08	0.15	0.23	0.31
Long-Term Deferred Tax Liabilities	-	-	-	-	5.41	5.41
Other Long-Term Liabilities	75.4	73.73	114.61	12.11	11.36	10.65
Total Liabilities	490.96	470.14	377.42	392.06	418.76	334.89
Common Stock	11.8	11.8	11.8	8.57	8.57	8.64
Additional Paid-In Capital	774.22	774.22	774.22	687.85	687.85	695.49
Retained Earnings	-175.15	-117.63	-179.35	-229.87	-287.51	-256.2
Comprehensive Income & Other	-66.83	-122.55	-114.79	-112.56	-121.7	-120.32
Total Common Equity	544.04	545.84	491.88	353.98	287.21	327.62
Shareholders' Equity	544.04	545.84	491.88	353.98	287.21	327.62
Total Liabilities & Equity	1,035	1,016	869.3	746.05	705.97	662.51
Total Debt	374.62	268	119.87	126.18	181.46	191.42
Net Cash (Debt)	-304.71	-188	26.27	-1.51	9.82	-67.02
Net Cash Per Share	-0.87	-0.54	0.09	-0.01	0.04	-0.25
Filing Date Shares Outstanding	350.29	350.29	350.29	262.7	262.7	264.7
Total Common Shares Outstanding	350.29	350.29	350.29	262.7	262.7	264.7
Working Capital	-55.45	26.88	-25.56	-63.08	45.15	201.25
Book Value Per Share	1.55	1.56	1.40	1.35	1.09	1.24
Tangible Book Value	386.84	388.65	269.71	353.98	287.21	327.62
Tangible Book Value Per Share	1.10	1.11	0.77	1.35	1.09	1.24
Buildings	97.21	97.21	211.18	206.02	110.33	110.27
Machinery	78.39	78.83	241.4	228.29	178	178.37
Construction In Progress	251.98	172.07	47.02	26.33	68.79	68.33

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