HKG:3277 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	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	236.31	402.98	92.71	299.37	168.57
Short-Term Investments	714.74	313.84	441.73	153.73	-
Trading Asset Securities	271.2	100.89	90.63	19.96	12.75
Cash & Short-Term Investments	1,222	817.72	625.07	473.06	181.32
Cash Growth	49.47%	30.82%	32.14%	160.90%	25.56%
Accounts Receivable	235.34	184.75	114.68	112.7	47.37
Other Receivables	0.01	0.65	-	0.78	4.46
Receivables	235.35	185.4	114.68	113.48	51.83
Inventory	352.99	286.68	373.14	303.77	223.94
Prepaid Expenses	-	-	-	-	0.71
Restricted Cash	0.49	2.17	3.28	0.93	-
Other Current Assets	26.77	16.9	21.66	17.02	11.74
Total Current Assets	1,838	1,309	1,138	908.26	469.54
Property, Plant & Equipment	57.78	61.6	60.97	55.15	20.42
Long-Term Investments	165.47	108.57	97.8	60.38	46.55
Other Intangible Assets	23.05	8.23	13.39	5.48	5.63
Long-Term Deferred Tax Assets	0.44	2.56	3.44	1.76	1.8
Long-Term Deferred Charges	-	-	-	-	1.97
Other Long-Term Assets	2.5	1.26	0.45	14.47	1.05
Total Assets	2,087	1,491	1,314	1,045	546.96
Accounts Payable	81.16	30.33	62.19	25.91	45.58
Accrued Expenses	49.95	-	-	-	11.75
Short-Term Debt	-	-	2	1.5	-
Current Portion of Leases	5.8	7.81	4.27	3.33	2.02
Current Income Taxes Payable	18.68	10.72	8.07	3.73	0.75
Current Unearned Revenue	233.23	-	-	-	142.29
Other Current Liabilities	14.55	94.51	123.71	105.97	10.14
Total Current Liabilities	403.36	143.36	200.24	140.43	212.53
Long-Term Leases	0.52	6.31	10.72	14.17	5.52
Long-Term Unearned Revenue	-	-	-	-	4.69
Other Long-Term Liabilities	111.43	129.4	139.78	150.51	1.78
Total Liabilities	515.31	279.07	350.74	305.11	224.53
Common Stock	370	370	370	370	28.45
Additional Paid-In Capital	-	-	-	-	280.91
Retained Earnings	426.2	150.52	-48.15	-222.35	10.78
Comprehensive Income & Other	763.54	680.46	629.48	578.38	-0.74
Total Common Equity	1,560	1,201	951.33	726.03	319.4
Minority Interest	12.01	11.03	11.82	14.36	3.03
Shareholders' Equity	1,572	1,212	963.15	740.39	322.43
Total Liabilities & Equity	2,087	1,491	1,314	1,045	546.96
Total Debt	6.32	14.12	16.99	19	7.55
Net Cash (Debt)	1,216	803.6	608.08	454.06	173.77
Net Cash Growth	51.31%	32.16%	33.92%	161.29%	20.33%
Net Cash Per Share	3.29	2.17	1.64	1.41	-
Filing Date Shares Outstanding	370	370	370	370	-
Total Common Shares Outstanding	370	370	370	370	-
Working Capital	1,434	1,166	937.59	767.83	257.01
Book Value Per Share	4.22	3.25	2.57	1.96	-
Tangible Book Value	1,537	1,193	937.93	720.55	313.77
Tangible Book Value Per Share	4.15	3.22	2.53	1.95	-
Buildings	1.82	1.82	1.82	1.82	1.82
Machinery	64.13	50.88	43.8	24.44	17.01
Construction In Progress	0.53	4.42	0.67	2.61	0.69
Leasehold Improvements	30.95	25.4	24.21	21.31	-
Order Backlog	270.76	141.88	233.3	178.74	-

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