HKG:2693 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	208.4	71.69	32.56	95.09
Short-Term Investments	-	19.19	1.45	12.4
Cash & Short-Term Investments	208.4	90.88	34.02	107.49
Cash Growth	129.32%	167.16%	-68.35%	-
Accounts Receivable	52.71	52.98	42.27	26.6
Other Receivables	0.25	3.44	7.01	2.06
Receivables	52.96	56.42	49.28	28.65
Inventory	69.99	47.27	41.22	27.91
Other Current Assets	7.89	21.68	3.38	3.11
Total Current Assets	339.23	216.25	127.89	167.15
Property, Plant & Equipment	516.61	582.06	477.01	273.35
Other Intangible Assets	208.21	128.41	134.1	138.91
Other Long-Term Assets	-	-	-	0.74
Total Assets	1,064	926.72	739	580.14
Accounts Payable	107.24	43.64	49.68	18.27
Accrued Expenses	7.4	8.87	9.67	19.04
Current Portion of Long-Term Debt	-	6.14	24.15	-
Current Income Taxes Payable	1.42	-	2.39	2.22
Current Unearned Revenue	3.05	2.41	3.06	4.31
Other Current Liabilities	37.34	102.07	51.27	145.84
Total Current Liabilities	156.46	163.13	140.21	189.69
Long-Term Debt	251.28	258.1	153	-
Long-Term Unearned Revenue	12.42	12.5	13.03	14.7
Long-Term Deferred Tax Liabilities	9.03	7.23	2.3	0.31
Other Long-Term Liabilities	26.65	25.46	22.77	21.82
Total Liabilities	455.83	466.42	331.31	226.52
Common Stock	97.19	72.89	72.89	70.89
Additional Paid-In Capital	-	279.6	279.6	271.16
Retained Earnings	144.43	107.58	54.82	11.58
Comprehensive Income & Other	366.6	0.21	0.38	-
Shareholders' Equity	608.22	460.29	407.69	353.62
Total Liabilities & Equity	1,064	926.72	739	580.14
Total Debt	251.28	264.24	177.15	-
Net Cash (Debt)	-42.88	-173.36	-143.13	107.49
Net Cash Per Share	-0.59	-2.38	-1.98	1.88
Filing Date Shares Outstanding	71.6	72.89	72.25	57.11
Total Common Shares Outstanding	71.6	72.89	72.25	57.11
Working Capital	182.78	53.13	-12.32	-22.54
Book Value Per Share	8.50	6.31	5.64	6.19
Tangible Book Value	400	331.89	273.59	214.71
Tangible Book Value Per Share	5.59	4.55	3.79	3.76
Buildings	-	193.51	58.43	51.88
Machinery	-	341.26	118.42	107.32
Construction In Progress	-	1.39	226.17	20.54

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