HKG:2697 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	182.39	83.91	122.48
Short-Term Investments	1.09	0.8	0.39
Cash & Short-Term Investments	183.48	84.71	122.88
Cash Growth	116.60%	-31.06%	-
Accounts Receivable	3.97	-	-
Other Receivables	0	3.99	0.08
Receivables	4.95	3.99	0.08
Inventory	40.62	21.69	8.18
Other Current Assets	9.65	3.33	3.92
Total Current Assets	238.7	113.72	135.05
Property, Plant & Equipment	22.85	28.62	22.26
Long-Term Investments	0.24	-	-
Other Intangible Assets	0.79	1.41	2.11
Long-Term Accounts Receivable	1.16	-	-
Other Long-Term Assets	17.08	11.63	6.92
Total Assets	280.82	155.38	166.34
Accounts Payable	2.78	0.89	0.06
Accrued Expenses	12.36	12.93	8.51
Short-Term Debt	-	1.25	-
Current Portion of Leases	6.12	6.36	4.78
Current Income Taxes Payable	0	0	-
Current Unearned Revenue	4.14	2.23	0.55
Other Current Liabilities	4.71	0.95	5.49
Total Current Liabilities	30.12	24.61	19.39
Long-Term Leases	2.94	5.31	4.11
Long-Term Unearned Revenue	8.2	0.01	1.09
Total Liabilities	41.26	29.93	24.59
Common Stock	32.08	24.7	23.55
Retained Earnings	-153.72	-530.76	-438.61
Comprehensive Income & Other	361.2	631.51	556.81
Shareholders' Equity	239.57	125.45	141.75
Total Liabilities & Equity	280.82	155.38	166.34
Total Debt	9.06	12.92	8.89
Net Cash (Debt)	174.42	71.79	113.99
Net Cash Growth	142.96%	-37.02%	-
Net Cash Per Share	5.71	2.98	5.28
Filing Date Shares Outstanding	32.08	24.65	21.59
Total Common Shares Outstanding	32.08	24.65	21.59
Working Capital	208.59	89.1	115.66
Book Value Per Share	7.47	5.09	6.56
Tangible Book Value	238.78	124.04	139.64
Tangible Book Value Per Share	7.44	5.03	6.47
Machinery	24.28	21.75	15.06
Leasehold Improvements	4.25	3.97	2.86