HKG:2625 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	238.43	216.86	236.23
Trading Asset Securities	0.02	-	-
Cash & Short-Term Investments	238.45	216.86	236.23
Cash Growth	9.96%	-8.20%	-
Accounts Receivable	397.42	190.01	213.78
Other Receivables	0.5	0.49	0.34
Receivables	397.92	190.5	214.12
Inventory	413.4	330.06	266.27
Other Current Assets	354.23	319.17	312.75
Total Current Assets	1,404	1,057	1,029
Property, Plant & Equipment	322.74	360.13	344.23
Long-Term Investments	73.54	31.71	28.45
Long-Term Deferred Tax Assets	10.83	7.27	5.09
Total Assets	1,811	1,456	1,407
Accounts Payable	120.44	110.29	160.72
Accrued Expenses	49.84	28.05	20.92
Current Portion of Long-Term Debt	543.24	409.69	462.8
Current Portion of Leases	22.45	24.72	23.56
Current Income Taxes Payable	23.75	20.43	15.03
Current Unearned Revenue	171.88	120.91	112.12
Other Current Liabilities	22.75	60.48	24.84
Total Current Liabilities	954.34	774.56	819.98
Long-Term Debt	56.14	58.83	12.55
Long-Term Leases	55.77	75.9	76.53
Long-Term Deferred Tax Liabilities	5.34	5.49	4.73
Total Liabilities	1,072	914.78	913.8
Common Stock	235.64	160.69	160.69
Retained Earnings	231.66	195.04	152.31
Comprehensive Income & Other	253.49	168.07	164.63
Total Common Equity	720.79	523.79	477.63
Minority Interest	18.72	17.12	15.71
Shareholders' Equity	739.51	540.91	493.34
Total Liabilities & Equity	1,811	1,456	1,407
Total Debt	677.59	569.14	575.45
Net Cash (Debt)	-439.14	-352.28	-339.22
Net Cash Per Share	-2.17	-2.19	-2.11
Filing Date Shares Outstanding	235.64	214.25	160.69
Total Common Shares Outstanding	235.64	160.68	160.69
Working Capital	449.66	282.03	209.38
Book Value Per Share	3.06	3.26	2.97
Tangible Book Value	720.79	523.79	477.63
Tangible Book Value Per Share	3.06	3.26	2.97
Machinery	371.86	351.94	349.42
Construction In Progress	2.57	18.22	-
Leasehold Improvements	251.59	232.28	185.14

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