HKG:2672 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	109.03	99.2	50.11
Short-Term Investments	10.32	8.26	16.14
Cash & Short-Term Investments	119.35	107.45	66.26
Cash Growth	11.07%	62.18%	-
Accounts Receivable	95.46	98.42	93.8
Other Receivables	-	0.23	-
Receivables	95.46	98.65	93.8
Restricted Cash	12.38	8.25	3.49
Total Current Assets	227.18	214.36	163.55
Property, Plant & Equipment	5.16	4.64	5.81
Other Intangible Assets	10.58	10.52	10.54
Long-Term Deferred Tax Assets	1.31	0.88	1.04
Other Long-Term Assets	5.25	5.04	5.5
Total Assets	249.48	235.43	186.44
Accounts Payable	161.38	126.65	124.97
Accrued Expenses	6.27	4.99	7.51
Short-Term Debt	5	21.5	-
Current Portion of Long-Term Debt	88.62	71.78	-
Current Portion of Leases	1.53	1.92	2.26
Current Income Taxes Payable	0.06	-	0.04
Other Current Liabilities	14.41	9.44	4.63
Total Current Liabilities	277.25	236.28	139.41
Long-Term Debt	18.51	16.76	52.98
Long-Term Leases	1.55	1.14	2.75
Total Liabilities	297.31	254.18	195.14
Common Stock	71.82	71.49	69.46
Additional Paid-In Capital	31.1	31.1	37.1
Retained Earnings	-163.98	-117.31	-100.42
Comprehensive Income & Other	13.23	-4.03	-14.85
Shareholders' Equity	-47.83	-18.75	-8.71
Total Liabilities & Equity	249.48	235.43	186.44
Total Debt	115.21	113.1	58
Net Cash (Debt)	4.14	-5.65	8.26
Net Cash Growth	-	-	-
Net Cash Per Share	0.06	-0.08	0.12
Filing Date Shares Outstanding	71.82	70.72	69.23
Total Common Shares Outstanding	71.82	70.72	69.23
Working Capital	-50.06	-21.92	24.14
Book Value Per Share	-0.67	-0.27	-0.13
Tangible Book Value	-58.41	-29.26	-19.25
Tangible Book Value Per Share	-0.81	-0.41	-0.28
Machinery	4.43	4.01	2.89
Leasehold Improvements	0.91	0.59	0.59