HKG:2657 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	1,542	440.32	285.73	203.12
Short-Term Investments	28.75	23.45	22.8	24.09
Trading Asset Securities	-	-	-	4.51
Cash & Short-Term Investments	1,570	463.77	308.53	231.72
Cash Growth	238.59%	50.32%	33.15%	-
Accounts Receivable	96.65	45.9	34.45	21.23
Other Receivables	21.78	2.57	4.32	1.58
Receivables	118.43	48.47	38.77	22.81
Inventory	304.73	141.24	55.08	70.47
Restricted Cash	1.01	2.03	11.14	0.08
Other Current Assets	49.7	38.58	15.87	14.36
Total Current Assets	2,044	694.1	429.39	339.44
Property, Plant & Equipment	364.51	299.14	238.77	110.3
Other Intangible Assets	8.01	7.65	7.83	8.84
Long-Term Deferred Tax Assets	80.79	72.17	53.91	55.64
Other Long-Term Assets	2.81	0.9	8.86	30.22
Total Assets	2,500	1,074	738.75	544.43
Accounts Payable	167.5	106.01	43.95	26.37
Accrued Expenses	213.71	125.83	65.49	57
Current Portion of Long-Term Debt	23.43	-	-	-
Current Portion of Leases	50.51	37.77	32.28	36.5
Current Income Taxes Payable	41.55	32.05	12.08	6.73
Current Unearned Revenue	40.83	26.25	22.44	15.56
Other Current Liabilities	47.87	42.91	54.58	15.91
Total Current Liabilities	585.39	370.82	230.81	158.08
Long-Term Debt	38.95	77.96	26.97	-
Long-Term Leases	40.88	13.11	10.86	4.69
Total Liabilities	665.23	461.88	268.64	162.77
Common Stock	27.93	25.14	25.14	25.14
Retained Earnings	150.43	-114.91	107.16	22.65
Comprehensive Income & Other	1,657	701.84	337.81	333.87
Shareholders' Equity	1,835	612.07	470.12	381.66
Total Liabilities & Equity	2,500	1,074	738.75	544.43
Total Debt	153.78	128.83	70.1	41.19
Net Cash (Debt)	1,417	334.95	238.42	190.52
Net Cash Growth	322.91%	40.48%	25.14%	-
Net Cash Per Share	11.26	2.66	1.90	1.52
Filing Date Shares Outstanding	141.76	125.7	125.7	125.7
Total Common Shares Outstanding	139.66	125.7	125.7	125.7
Working Capital	1,459	323.28	198.58	181.36
Book Value Per Share	13.14	4.87	3.74	3.04
Tangible Book Value	1,827	604.42	462.28	372.82
Tangible Book Value Per Share	13.08	4.81	3.68	2.97
Buildings	180.9	173.38	-	-
Machinery	79.62	54.87	29.74	27.87
Construction In Progress	9.5	14.53	155.3	30.11
Leasehold Improvements	60.78	64.68	54.01	128.37