HKG:2729 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	89.55	111.19	104.76	194.47
Short-Term Investments	49.42	141.34	129.6	-
Trading Asset Securities	62.5	46.19	-	20.92
Cash & Short-Term Investments	201.48	298.72	234.36	215.38
Cash Growth	-32.55%	27.46%	8.81%	-
Accounts Receivable	422.68	337.6	350.59	391.02
Other Receivables	58.63	35.59	36.49	18.88
Receivables	481.31	373.19	387.08	409.89
Inventory	824.58	1,054	1,146	799.32
Prepaid Expenses	3.36	3.89	1.95	2.68
Restricted Cash	72.9	79.34	47.78	22.25
Other Current Assets	26.7	30.11	32.56	22.32
Total Current Assets	1,610	1,839	1,849	1,472
Property, Plant & Equipment	127.21	135.85	154.55	189.32
Long-Term Investments	50.53	21.21	134.57	253.5
Other Intangible Assets	7.4	9.59	7.81	8.88
Other Long-Term Assets	0.08	0.19	3.51	8.37
Total Assets	1,796	2,006	2,150	1,932
Accounts Payable	543.8	579.26	546.16	436.15
Accrued Expenses	47.35	47.56	52.42	62.47
Current Portion of Long-Term Debt	34.25	17.23	31.7	13.36
Current Portion of Leases	3.5	2.39	7.06	15.66
Current Income Taxes Payable	0.46	0.83	0.62	2.76
Current Unearned Revenue	496.06	653	743.23	472.21
Other Current Liabilities	1,857	1,719	1,603	1,476
Total Current Liabilities	2,982	3,019	2,984	2,479
Long-Term Debt	36.67	44.3	51.01	43.48
Long-Term Leases	1.69	2.9	6.38	41.56
Long-Term Unearned Revenue	5.85	5.5	2.3	13.38
Total Liabilities	3,026	3,072	3,043	2,577
Common Stock	391.09	391.09	391.09	391.09
Retained Earnings	-	-1,103	-934.37	-692.65
Comprehensive Income & Other	-1,617	-347.3	-348.94	-351.35
Total Common Equity	-1,226	-1,060	-892.22	-652.92
Minority Interest	-4.67	-6.22	-1.42	7.58
Shareholders' Equity	-1,231	-1,066	-893.64	-645.34
Total Liabilities & Equity	1,796	2,006	2,150	1,932
Total Debt	76.11	66.82	96.15	114.05
Net Cash (Debt)	125.37	231.9	138.21	101.33
Net Cash Growth	-45.94%	67.79%	36.39%	-
Net Cash Per Share	0.32	0.59	0.35	0.28
Filing Date Shares Outstanding	427.88	391.09	391.09	365.12
Total Common Shares Outstanding	391.09	391.09	391.09	365.12
Working Capital	-1,372	-1,180	-1,134	-1,007
Book Value Per Share	-3.14	-2.71	-2.28	-1.79
Tangible Book Value	-1,233	-1,069	-900.03	-661.8
Tangible Book Value Per Share	-3.15	-2.73	-2.30	-1.81
Machinery	-	138.81	139.72	117.36
Construction In Progress	-	3.8	4.16	13.46
Order Backlog	-	2,221	2,332	1,890

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