HKG:2738 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	5.2	35.27	98.39	16.09	22.55	46.24
Trading Asset Securities	-	-	-	-	0.02	-
Cash & Short-Term Investments	5.2	35.27	98.39	16.09	22.57	46.24
Cash Growth	-90.55%	-64.15%	511.36%	-28.69%	-51.19%	19.49%
Accounts Receivable	100.29	157.17	313.37	165.84	271.62	286.84
Other Receivables	141.51	139.76	85.92	44.74	14.42	35.78
Receivables	241.8	296.93	399.29	210.58	286.04	322.62
Inventory	45.88	308.47	315.18	134.11	156.9	224.12
Other Current Assets	737.33	847.94	1,164	1,109	719.87	233.64
Total Current Assets	1,030	1,489	1,977	1,470	1,185	826.61
Property, Plant & Equipment	2,122	2,122	1,589	1,249	1,151	1,133
Long-Term Investments	1.41	1.41	1.8	1.77	2.28	-
Long-Term Deferred Tax Assets	137.3	43.65	19.61	33.23	3.88	5.41
Other Long-Term Assets	11.38	60.62	200.4	42.92	61.67	78.52
Total Assets	3,303	3,717	3,788	2,797	2,405	2,043
Accounts Payable	194.38	193.48	193.67	236.9	222.26	242.34
Accrued Expenses	24.86	54.02	46.41	27.97	27.52	23.72
Short-Term Debt	103.39	228.64	408.15	248.8	123.87	66.04
Current Portion of Long-Term Debt	995.5	1,248	861.05	835.33	743.29	579.03
Current Portion of Leases	0.47	1.43	1.69	1.03	1.12	0.48
Current Income Taxes Payable	-	0.37	-	0	0.37	5.1
Current Unearned Revenue	712.66	340.91	586.84	454.14	215.65	135.04
Other Current Liabilities	95.09	175.92	146.21	117.97	80.9	85.47
Total Current Liabilities	2,126	2,243	2,244	1,922	1,415	1,137
Long-Term Debt	1,264	1,037	1,012	435.03	383.67	314.81
Long-Term Leases	8.15	8.2	7.74	2.68	2.71	2.84
Long-Term Unearned Revenue	3.3	4.95	8.25	11.55	14.85	18.15
Long-Term Deferred Tax Liabilities	-	-	1.4	0.03	1.41	-
Total Liabilities	3,402	3,293	3,273	2,371	1,818	1,473
Common Stock	5	5	5	5	5	5
Additional Paid-In Capital	184	184	184	184	184	184
Retained Earnings	-354.92	164.25	255.96	170.3	335.6	322.58
Comprehensive Income & Other	64.55	68.78	67.87	66.04	62.38	58.83
Total Common Equity	-101.37	422.03	512.83	425.34	586.98	570.41
Minority Interest	1.73	1.73	1.92	-	-	-
Shareholders' Equity	-99.64	423.76	514.75	425.34	586.98	570.41
Total Liabilities & Equity	3,303	3,717	3,788	2,797	2,405	2,043
Total Debt	2,372	2,523	2,290	1,523	1,255	963.2
Net Cash (Debt)	-2,367	-2,488	-2,192	-1,507	-1,232	-916.97
Net Cash Per Share	-3.94	-4.15	-3.65	-2.51	-2.05	-1.53
Filing Date Shares Outstanding	600	600	600	600	600	600
Total Common Shares Outstanding	600	600	600	600	600	600
Working Capital	-1,096	-754.51	-266.74	-452.06	-229.61	-310.61
Book Value Per Share	-0.17	0.70	0.85	0.71	0.98	0.95
Tangible Book Value	-101.37	422.03	512.83	425.34	586.98	570.41
Tangible Book Value Per Share	-0.17	0.70	0.85	0.71	0.98	0.95
Buildings	-	589.47	585.09	520.84	457.8	489.4
Machinery	-	1,133	963.61	819	685.4	527.96
Construction In Progress	-	803.89	434.86	214.64	239.23	268.63
Leasehold Improvements	-	-	-	40.47	33.11	27.56

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