HKG:2671 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	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	177.54	110.92	90.13	50.08	51.95	47.88
Trading Asset Securities	-	-	19.92	0.01	0.01	0.03
Cash & Short-Term Investments	177.54	110.92	110.05	50.09	51.96	47.91
Cash Growth	-27.78%	0.79%	119.69%	-3.60%	8.45%	-
Accounts Receivable	1,048	870.36	746.45	657.62	447.19	369.48
Other Receivables	1.76	0.96	0.13	2.07	4.93	-
Receivables	1,050	871.31	746.58	659.69	452.13	370.13
Inventory	134.38	96.56	72.62	95.51	122.63	71.81
Restricted Cash	22.31	22.76	22.31	-	-	-
Other Current Assets	234.85	183.09	102.38	210.81	99.31	29.62
Total Current Assets	1,619	1,285	1,054	1,016	726.04	519.47
Property, Plant & Equipment	81.84	84.28	128.63	117.98	107.26	104.26
Goodwill	4.08	4.08	4.08	4.08	4.08	4.08
Other Intangible Assets	4.35	4.94	4.61	5.26	26.32	27.75
Long-Term Accounts Receivable	0.67	4.1	2.39	2.02	8.3	-
Long-Term Deferred Tax Assets	17.85	17.3	15.42	21.56	24.73	22.81
Long-Term Deferred Charges	-	-	-	-	2.53	2.72
Other Long-Term Assets	2.98	2.47	2.54	7.33	7.52	13.49
Total Assets	1,731	1,402	1,212	1,174	906.77	694.58
Accounts Payable	637.66	500.61	399.66	371.43	235.81	239.71
Accrued Expenses	51.64	36.32	37.41	63.46	94.31	39.29
Short-Term Debt	79.64	68.88	145.38	133.42	178.16	136.77
Current Portion of Long-Term Debt	291	244.17	128.26	108.5	0.6	-
Current Portion of Leases	5.74	5.65	5.4	2.84	4.38	-
Current Income Taxes Payable	13.24	7.46	9.73	19.92	4.07	0.03
Current Unearned Revenue	106.47	51.15	45.49	151.49	131.91	37.76
Other Current Liabilities	9.61	12.01	31	21.45	4.95	12.92
Total Current Liabilities	1,195	926.26	802.32	872.51	654.19	466.48
Long-Term Debt	-	-	-	1.8	2.4	-
Long-Term Leases	0.98	3.86	9.2	0.16	2.56	-
Other Long-Term Liabilities	-	-	-	-	14.83	1.7
Total Liabilities	1,196	930.11	811.51	874.47	673.99	468.19
Common Stock	95.95	95.95	95.95	93.8	93.8	93.8
Additional Paid-In Capital	41.03	41.03	41.03	35.44	35.44	35.44
Retained Earnings	340.09	279.68	208.32	135.78	96.99	93
Comprehensive Income & Other	20.38	17.42	13.32	31.29	1.81	1.34
Total Common Equity	497.45	434.08	358.62	296.31	228.04	223.58
Minority Interest	37.59	37.61	41.47	3.54	4.74	2.82
Shareholders' Equity	535.04	471.69	400.09	299.85	232.79	226.4
Total Liabilities & Equity	1,731	1,402	1,212	1,174	906.77	694.58
Total Debt	377.35	322.56	288.23	246.72	188.11	136.77
Net Cash (Debt)	-199.81	-211.64	-178.18	-196.63	-136.14	-88.86
Net Cash Per Share	-2.08	-2.21	-1.89	-2.10	-1.45	-0.92
Filing Date Shares Outstanding	95.95	95.95	95.95	93.8	93.8	96.92
Total Common Shares Outstanding	95.95	95.95	95.95	93.8	93.8	96.92
Working Capital	424.25	358.39	251.62	143.59	71.84	52.99
Book Value Per Share	5.18	4.52	3.74	3.16	2.43	2.31
Tangible Book Value	489.02	425.06	349.94	286.97	197.64	191.76
Tangible Book Value Per Share	5.10	4.43	3.65	3.06	2.11	1.98
Buildings	95.64	95.64	126.97	123.37	123.37	119.81
Machinery	58.12	56.61	54.83	48.44	46.1	44.52
Construction In Progress	5.25	0.74	-	4.1	4.17	4.75
Leasehold Improvements	8.93	8.27	6.77	5.35	-	-
Order Backlog	-	1,001	363.25	443.15	-	-

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