HKG:3388 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	277.31	463.49	301.53
Short-Term Investments	-	21.76	98.96
Trading Asset Securities	126.18	11.36	52.28
Cash & Short-Term Investments	403.49	496.6	452.77
Cash Growth	-18.75%	9.68%	-
Receivables	338.3	225.3	177.37
Inventory	634.27	438.24	356.3
Restricted Cash	55.1	17.28	29.03
Other Current Assets	138.88	125.35	89.81
Total Current Assets	1,570	1,303	1,105
Property, Plant & Equipment	928.99	892.35	766.36
Long-Term Investments	-	-	21.09
Other Intangible Assets	5.8	5.67	5.49
Long-Term Deferred Tax Assets	78.7	47.05	39.53
Other Long-Term Assets	18.9	6.81	7.39
Total Assets	2,602	2,255	1,945
Accounts Payable	749.52	573.85	491.79
Accrued Expenses	110.87	96.36	78.18
Short-Term Debt	194.04	60.05	60.05
Current Portion of Long-Term Debt	36.19	56.05	35.16
Current Portion of Leases	15.96	11.56	14.22
Current Income Taxes Payable	4.2	5.73	11.09
Current Unearned Revenue	52.84	76.32	37.24
Other Current Liabilities	59.66	38.26	36.61
Total Current Liabilities	1,223	918.16	764.34
Long-Term Debt	245.72	244.03	182.86
Long-Term Leases	49.04	2.99	9.41
Long-Term Unearned Revenue	7.78	4.95	0.89
Total Liabilities	1,526	1,170	957.5
Common Stock	393.41	363.87	363.87
Retained Earnings	105.06	287.62	198.86
Comprehensive Income & Other	578.08	433.14	424.9
Total Common Equity	1,077	1,085	987.62
Minority Interest	0.04	-0.1	-
Shareholders' Equity	1,077	1,085	987.62
Total Liabilities & Equity	2,602	2,255	1,945
Total Debt	540.96	374.67	301.7
Net Cash (Debt)	-137.47	121.93	151.07
Net Cash Growth	-	-19.29%	-
Net Cash Per Share	-0.36	0.34	0.42
Filing Date Shares Outstanding	393.41	363.87	363.87
Total Common Shares Outstanding	393.41	363.87	363.87
Working Capital	346.76	384.62	340.94
Book Value Per Share	2.74	2.98	2.71
Tangible Book Value	1,071	1,079	982.14
Tangible Book Value Per Share	2.72	2.97	2.70
Buildings	833.64	833.64	665.6
Machinery	75.73	55.41	42.61
Construction In Progress	-	-	14.53
Leasehold Improvements	21.04	14.59	14.18