HKG:2889 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	926.21	977.01	257.04	587.86
Short-Term Investments	64.33	95.27	84.26	171.44
Trading Asset Securities	611.67	487.79	457.14	165.28
Cash & Short-Term Investments	1,602	1,560	798.44	924.59
Cash Growth	73.29%	95.39%	-13.64%	-
Accounts Receivable	834.96	1,134	622.52	421.9
Other Receivables	96.94	199.57	35.48	27.73
Receivables	931.91	1,333	658	449.63
Inventory	669.98	505.83	489.53	471.47
Prepaid Expenses	10.78	14.83	12.82	15.29
Other Current Assets	349.55	167.25	157.58	137.57
Total Current Assets	3,564	3,581	2,116	1,999
Property, Plant & Equipment	655.75	600.4	458.03	277.35
Long-Term Investments	105.93	112.26	-	-
Other Long-Term Assets	18.48	13.87	6.35	11.01
Total Assets	4,345	4,308	2,581	2,287
Accounts Payable	644.62	603.35	586.03	447.02
Accrued Expenses	89.97	130.21	102.88	115.32
Current Portion of Long-Term Debt	1,528	1,348	838.54	560.98
Current Portion of Leases	33.68	57.08	34.16	30.29
Current Unearned Revenue	36	34.65	12.08	48.76
Other Current Liabilities	160.22	158.33	141.99	111.2
Total Current Liabilities	2,493	2,332	1,716	1,314
Long-Term Debt	324.64	247.29	169.32	30
Long-Term Leases	30.64	59.86	60.48	46.76
Long-Term Unearned Revenue	83.52	83.59	2.69	47.88
Other Long-Term Liabilities	42.34	39.18	33.68	31.43
Total Liabilities	2,974	2,762	1,982	1,470
Common Stock	139.55	139.55	117.97	117.97
Additional Paid-In Capital	2,729	2,729	1,420	1,420
Retained Earnings	-1,782	-1,555	-1,013	-729.58
Comprehensive Income & Other	282.91	230.86	73.69	8.28
Total Common Equity	1,370	1,545	598.04	816.53
Minority Interest	1.09	1.28	0.86	0.73
Shareholders' Equity	1,371	1,546	598.9	817.26
Total Liabilities & Equity	4,345	4,308	2,581	2,287
Total Debt	1,917	1,712	1,103	668.04
Net Cash (Debt)	-314.98	-152.33	-304.07	256.55
Net Cash Per Share	-2.27	-1.16	-2.58	2.43
Filing Date Shares Outstanding	149.99	139.55	117.97	105.56
Total Common Shares Outstanding	149.99	139.55	117.97	105.56
Working Capital	1,072	1,249	400.69	684.97
Book Value Per Share	9.13	11.07	5.07	7.73
Tangible Book Value	1,370	1,545	598.04	816.53
Tangible Book Value Per Share	9.13	11.07	5.07	7.73
Buildings	-	12.32	12.32	-
Machinery	-	217.25	177.54	104.97
Construction In Progress	-	287.12	191.68	137.58
Leasehold Improvements	-	50.38	32.1	22.73

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