HKG:2889 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	1,444	977.01	257.04	587.86
Short-Term Investments	102.88	95.27	84.26	171.44
Trading Asset Securities	187.81	487.79	457.14	165.28
Cash & Short-Term Investments	1,735	1,560	798.44	924.59
Cash Growth	11.20%	95.39%	-13.64%	-
Accounts Receivable	1,673	1,134	622.52	421.9
Other Receivables	340.18	199.57	35.48	27.73
Receivables	2,013	1,333	658	449.63
Inventory	766.12	505.83	489.53	471.47
Prepaid Expenses	3.98	14.83	12.82	15.29
Other Current Assets	181.34	167.25	157.58	137.57
Total Current Assets	4,699	3,581	2,116	1,999
Property, Plant & Equipment	936.24	600.4	458.03	277.35
Long-Term Investments	84.64	112.26	-	-
Other Long-Term Assets	117.44	13.87	6.35	11.01
Total Assets	5,837	4,308	2,581	2,287
Accounts Payable	916.73	603.35	586.03	447.02
Accrued Expenses	128.82	130.21	102.88	115.32
Current Portion of Long-Term Debt	1,854	1,348	838.54	560.98
Current Portion of Leases	34.91	57.08	34.16	30.29
Current Unearned Revenue	64.16	34.65	12.08	48.76
Other Current Liabilities	177.28	158.33	141.99	111.2
Total Current Liabilities	3,175	2,332	1,716	1,314
Long-Term Debt	328.49	247.29	169.32	30
Long-Term Leases	33.29	59.86	60.48	46.76
Long-Term Unearned Revenue	100.46	83.59	2.69	47.88
Other Long-Term Liabilities	47.89	39.18	33.68	31.43
Total Liabilities	3,686	2,762	1,982	1,470
Common Stock	149.99	139.55	117.97	117.97
Additional Paid-In Capital	-	2,729	1,420	1,420
Retained Earnings	-	-1,555	-1,013	-729.58
Comprehensive Income & Other	2,002	230.86	73.69	8.28
Total Common Equity	2,152	1,545	598.04	816.53
Minority Interest	-0.39	1.28	0.86	0.73
Shareholders' Equity	2,152	1,546	598.9	817.26
Total Liabilities & Equity	5,837	4,308	2,581	2,287
Total Debt	2,250	1,712	1,103	668.04
Net Cash (Debt)	-515.45	-152.33	-304.07	256.55
Net Cash Per Share	-3.62	-1.16	-2.58	2.43
Filing Date Shares Outstanding	144.87	139.55	117.97	105.56
Total Common Shares Outstanding	144.87	139.55	117.97	105.56
Working Capital	1,524	1,249	400.69	684.97
Book Value Per Share	14.86	11.07	5.07	7.73
Tangible Book Value	2,152	1,545	598.04	816.53
Tangible Book Value Per Share	14.86	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.