HKG:2657 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	401.46	440.32	285.73	203.12
Short-Term Investments	28.06	23.45	22.8	24.09
Trading Asset Securities	-	-	-	4.51
Cash & Short-Term Investments	429.52	463.77	308.53	231.72
Cash Growth	85.37%	50.32%	33.15%	-
Accounts Receivable	48.79	45.9	34.45	21.23
Other Receivables	26.68	2.57	4.32	1.58
Receivables	75.47	48.47	38.77	22.81
Inventory	245.74	141.24	55.08	70.47
Restricted Cash	11.44	2.03	11.14	0.08
Other Current Assets	41.25	38.58	15.87	14.36
Total Current Assets	803.42	694.1	429.39	339.44
Property, Plant & Equipment	330.15	299.14	238.77	110.3
Other Intangible Assets	7.59	7.65	7.83	8.84
Long-Term Deferred Tax Assets	96.87	72.17	53.91	55.64
Other Long-Term Assets	1.23	0.9	8.86	30.22
Total Assets	1,239	1,074	738.75	544.43
Accounts Payable	81.19	106.01	43.95	26.37
Accrued Expenses	114.72	125.83	65.49	57
Current Portion of Leases	41.4	37.77	32.28	36.5
Current Income Taxes Payable	32.27	32.05	12.08	6.73
Current Unearned Revenue	23.78	26.25	22.44	15.56
Other Current Liabilities	36.71	42.91	54.58	15.91
Total Current Liabilities	345.73	370.82	230.81	158.08
Long-Term Debt	62.23	77.96	26.97	-
Long-Term Leases	29.62	13.11	10.86	4.69
Total Liabilities	439.62	461.88	268.64	162.77
Common Stock	25.14	25.14	25.14	25.14
Retained Earnings	66.94	-114.91	107.16	22.65
Comprehensive Income & Other	707.56	701.84	337.81	333.87
Shareholders' Equity	799.64	612.07	470.12	381.66
Total Liabilities & Equity	1,239	1,074	738.75	544.43
Total Debt	148.9	128.83	70.1	41.19
Net Cash (Debt)	280.62	334.95	238.42	190.52
Net Cash Growth	47.29%	40.48%	25.14%	-
Net Cash Per Share	2.23	2.66	-	-
Filing Date Shares Outstanding	139.66	125.7	-	-
Total Common Shares Outstanding	125.7	125.7	-	-
Working Capital	457.69	323.28	198.58	181.36
Book Value Per Share	6.36	4.87	-	-
Tangible Book Value	792.05	604.42	462.28	372.82
Tangible Book Value Per Share	6.30	4.81	-	-
Buildings	173.46	173.38	-	-
Machinery	75.31	54.87	29.74	27.87
Construction In Progress	4.85	14.53	155.3	30.11
Leasehold Improvements	79.69	64.68	54.01	128.37

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