HKG:2625 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	167.9	216.86	236.23
Cash & Short-Term Investments	167.9	216.86	236.23
Cash Growth	-28.92%	-8.20%	-
Accounts Receivable	313.13	190.01	213.78
Other Receivables	1.67	0.49	0.34
Receivables	314.79	190.5	214.12
Inventory	316.96	330.06	266.27
Other Current Assets	412.67	319.17	312.75
Total Current Assets	1,212	1,057	1,029
Property, Plant & Equipment	346.81	360.13	344.23
Long-Term Investments	76.15	31.71	28.45
Long-Term Deferred Tax Assets	8.14	7.27	5.09
Total Assets	1,643	1,456	1,407
Accounts Payable	83.14	110.29	160.72
Accrued Expenses	28.52	28.05	20.92
Current Portion of Long-Term Debt	527.96	409.69	462.8
Current Portion of Leases	18.24	24.72	23.56
Current Income Taxes Payable	17.38	20.43	15.03
Current Unearned Revenue	115.96	120.91	112.12
Other Current Liabilities	70.65	60.48	24.84
Total Current Liabilities	861.86	774.56	819.98
Long-Term Debt	41.55	58.83	12.55
Long-Term Leases	72.25	75.9	76.53
Long-Term Deferred Tax Liabilities	5.3	5.49	4.73
Total Liabilities	980.96	914.78	913.8
Common Stock	214.25	160.69	160.69
Retained Earnings	207.54	195.04	152.31
Comprehensive Income & Other	222.5	168.07	164.63
Total Common Equity	644.28	523.79	477.63
Minority Interest	18.17	17.12	15.71
Shareholders' Equity	662.46	540.91	493.34
Total Liabilities & Equity	1,643	1,456	1,407
Total Debt	659.99	569.14	575.45
Net Cash (Debt)	-492.09	-352.28	-339.22
Net Cash Per Share	-2.83	-2.19	-2.11
Filing Date Shares Outstanding	214.25	214.25	160.69
Total Common Shares Outstanding	214.25	160.68	160.69
Working Capital	350.46	282.03	209.38
Book Value Per Share	3.01	3.26	2.97
Tangible Book Value	644.28	523.79	477.63
Tangible Book Value Per Share	3.01	3.26	2.97
Machinery	-	351.94	349.42
Construction In Progress	-	18.22	-
Leasehold Improvements	-	232.28	185.14

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