HKG:2671 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	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	419.5	110.92	90.13	50.08	51.95
Trading Asset Securities	-	-	19.92	0.01	0.01
Cash & Short-Term Investments	419.5	110.92	110.05	50.09	51.96
Cash Growth	278.20%	0.79%	119.69%	-3.60%	8.45%
Accounts Receivable	1,067	870.36	746.45	657.62	447.19
Other Receivables	2.39	0.96	0.13	2.07	4.93
Receivables	1,069	871.31	746.58	659.69	452.13
Inventory	71.65	96.56	72.62	95.51	122.63
Restricted Cash	22.31	22.76	22.31	-	-
Other Current Assets	243.82	183.09	102.38	210.81	99.31
Total Current Assets	1,827	1,285	1,054	1,016	726.04
Property, Plant & Equipment	74.19	84.28	128.63	117.98	107.26
Goodwill	4.08	4.08	4.08	4.08	4.08
Other Intangible Assets	5.9	4.94	4.61	5.26	26.32
Long-Term Accounts Receivable	0.8	4.1	2.39	2.02	8.3
Long-Term Deferred Tax Assets	14.36	17.3	15.42	21.56	24.73
Long-Term Deferred Charges	-	-	-	-	2.53
Other Long-Term Assets	1.84	2.47	2.54	7.33	7.52
Total Assets	1,928	1,402	1,212	1,174	906.77
Accounts Payable	692.41	500.61	399.66	371.43	235.81
Accrued Expenses	40.6	34.89	37.41	63.46	94.31
Short-Term Debt	88.93	68.88	145.38	133.42	178.16
Current Portion of Long-Term Debt	321.73	244.17	128.26	108.5	0.6
Current Portion of Leases	3.59	5.65	5.4	2.84	4.38
Current Income Taxes Payable	6.48	7.46	9.73	19.92	4.07
Current Unearned Revenue	56.93	51.15	45.49	151.49	131.91
Other Current Liabilities	54.91	13.44	31	21.45	4.95
Total Current Liabilities	1,266	926.26	802.32	872.51	654.19
Long-Term Debt	-	-	-	1.8	2.4
Long-Term Leases	0.3	3.86	9.2	0.16	2.56
Other Long-Term Liabilities	-	-	-	-	14.83
Total Liabilities	1,266	930.11	811.51	874.47	673.99
Common Stock	120.55	95.95	95.95	93.8	93.8
Additional Paid-In Capital	167.15	41.03	41.03	35.44	35.44
Retained Earnings	313.32	279.68	208.32	135.78	96.99
Comprehensive Income & Other	23.14	17.42	13.32	31.29	1.81
Total Common Equity	624.15	434.08	358.62	296.31	228.04
Minority Interest	37.78	37.61	41.47	3.54	4.74
Shareholders' Equity	661.92	471.69	400.09	299.85	232.79
Total Liabilities & Equity	1,928	1,402	1,212	1,174	906.77
Total Debt	414.54	322.56	288.23	246.72	188.11
Net Cash (Debt)	4.96	-211.64	-178.18	-196.63	-136.14
Net Cash Per Share	0.05	-2.21	-1.89	-2.10	-1.45
Filing Date Shares Outstanding	120.55	95.95	95.95	93.8	93.8
Total Common Shares Outstanding	120.55	95.95	95.95	93.8	93.8
Working Capital	561.06	358.39	251.62	143.59	71.84
Book Value Per Share	5.18	4.52	3.74	3.16	2.43
Tangible Book Value	614.18	425.06	349.94	286.97	197.64
Tangible Book Value Per Share	5.09	4.43	3.65	3.06	2.11
Buildings	95.64	95.64	126.97	123.37	123.37
Machinery	58.62	56.61	54.83	48.44	46.1
Construction In Progress	1.34	0.74	-	4.1	4.17
Leasehold Improvements	10.47	8.27	6.77	5.35	-
Order Backlog	-	-	363.25	443.15	-