HKG:2623 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	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	240.17	80	146.13	124.67	191.29
Cash & Short-Term Investments	240.17	80	146.13	124.67	191.29
Cash Growth	200.21%	-45.26%	17.22%	-34.83%	53.77%
Accounts Receivable	2.73	33.08	30.31	40.36	26.12
Other Receivables	0.82	260.93	1.46	2.16	3.88
Receivables	3.55	294.01	31.78	42.52	30
Inventory	3.3	3.77	9.7	49.46	92.64
Prepaid Expenses	2.47	7.27	7.27	7.28	7.28
Other Current Assets	48.79	38.24	40.9	90.95	121.37
Total Current Assets	298.27	423.29	235.78	314.87	442.58
Property, Plant & Equipment	676.31	380.75	386.2	312.07	212.68
Long-Term Investments	7.11	3.42	11.18	13.4	4.26
Other Intangible Assets	152.23	157.19	222.17	-	-
Other Long-Term Assets	20.19	51.33	13.97	105.71	46.45
Total Assets	1,154	1,016	869.3	746.05	705.97
Accounts Payable	81.78	20.9	48.89	34.41	27.43
Accrued Expenses	3.56	29.53	6.03	7.91	9.09
Short-Term Debt	20.64	267.13	118	115.4	60
Current Portion of Long-Term Debt	-	-	-	8	116.32
Current Portion of Leases	0.92	0.87	0.48	0.93	0.82
Current Income Taxes Payable	2.69	7.6	19.24	12.77	-
Current Unearned Revenue	2.77	6.16	4.09	166.84	125.85
Other Current Liabilities	28.5	64.23	64.62	31.68	57.92
Total Current Liabilities	140.84	396.41	261.34	377.96	397.43
Long-Term Debt	486.69	-	-	-	4.33
Long-Term Leases	1.72	-	1.39	1.84	-
Long-Term Unearned Revenue	-	-	0.08	0.15	0.23
Long-Term Deferred Tax Liabilities	-	-	-	-	5.41
Other Long-Term Liabilities	62.78	73.73	114.61	12.11	11.36
Total Liabilities	692.03	470.14	377.42	392.06	418.76
Common Stock	11.8	11.8	11.8	8.57	8.57
Additional Paid-In Capital	774.22	774.22	774.22	687.85	687.85
Retained Earnings	-259.05	-117.63	-179.35	-229.87	-287.51
Comprehensive Income & Other	-64.9	-122.55	-114.79	-112.56	-121.7
Total Common Equity	462.07	545.84	491.88	353.98	287.21
Shareholders' Equity	462.07	545.84	491.88	353.98	287.21
Total Liabilities & Equity	1,154	1,016	869.3	746.05	705.97
Total Debt	509.97	268	119.87	126.18	181.46
Net Cash (Debt)	-269.8	-188	26.27	-1.51	9.82
Net Cash Per Share	-0.77	-0.54	0.09	-0.01	0.04
Filing Date Shares Outstanding	350.29	350.29	350.29	262.7	262.7
Total Common Shares Outstanding	350.29	350.29	350.29	262.7	262.7
Working Capital	157.43	26.88	-25.56	-63.08	45.15
Book Value Per Share	1.32	1.56	1.40	1.35	1.09
Tangible Book Value	309.84	388.65	269.71	353.98	287.21
Tangible Book Value Per Share	0.88	1.11	0.77	1.35	1.09
Buildings	-	97.21	211.18	206.02	110.33
Machinery	-	78.83	241.4	228.29	178
Construction In Progress	-	172.07	47.02	26.33	68.79

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