HKG:3680 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	31.88	16.4	113.26	15.11	21.96
Cash & Short-Term Investments	31.88	16.4	113.26	15.11	21.96
Cash Growth	94.41%	-85.52%	649.50%	-31.17%	-70.41%
Accounts Receivable	170.61	157.31	175.99	207.16	246.43
Other Receivables	8.05	2.81	2.85	7.86	1.08
Receivables	178.66	160.12	178.84	215.02	247.52
Prepaid Expenses	6.55	5.08	5.56	1.6	2.34
Other Current Assets	11.34	11.35	4.97	4.69	4.95
Total Current Assets	228.44	192.95	302.63	236.42	276.77
Property, Plant & Equipment	0.51	9.02	33.61	47.53	93.58
Long-Term Investments	46.26	16.25	14.76	19.25	12.65
Goodwill	-	18.6	18.6	18.6	18.6
Other Intangible Assets	28.36	40.56	62.23	77.2	68.45
Long-Term Deferred Tax Assets	1.69	9.33	8.85	8.43	3.64
Other Long-Term Assets	59.97	12.14	3.47	3.47	-
Total Assets	365.22	298.85	444.15	410.88	473.69
Accounts Payable	116.31	91.61	91.59	74.32	76.9
Accrued Expenses	47.76	24.2	29.75	54.56	59.32
Short-Term Debt	80.68	10.52	-	67.03	54.22
Current Portion of Long-Term Debt	103.36	98.66	166.19	79.13	49.69
Current Portion of Leases	1.86	3.68	5.21	3.37	15.1
Current Income Taxes Payable	2.04	2.04	2.05	3.54	3.64
Current Unearned Revenue	1.53	1.25	1	1.91	24.9
Other Current Liabilities	-	11.84	14.22	15.8	15.42
Total Current Liabilities	353.55	243.8	310.01	299.66	299.19
Long-Term Debt	-	10	10	2.46	0.62
Long-Term Leases	-	1.66	6.15	4.39	17.78
Long-Term Deferred Tax Liabilities	0.34	0.51	0.68	0.85	1.94
Total Liabilities	353.88	255.97	326.84	307.37	319.52
Common Stock	7.15	5.95	5.95	4.15	3.6
Additional Paid-In Capital	-	306.83	306.83	181.24	130.04
Retained Earnings	-464.03	-378.6	-303.6	-194.36	-66.17
Comprehensive Income & Other	448.93	86.27	86.65	91.73	70.23
Total Common Equity	-7.95	20.46	95.84	82.76	137.69
Minority Interest	19.29	22.42	21.47	20.75	16.48
Shareholders' Equity	11.34	42.88	117.31	103.51	154.17
Total Liabilities & Equity	365.22	298.85	444.15	410.88	473.69
Total Debt	185.91	124.52	187.55	156.39	137.4
Net Cash (Debt)	-154.02	-108.12	-74.29	-141.28	-115.44
Net Cash Per Share	-0.21	-0.16	-0.13	-0.34	-0.29
Filing Date Shares Outstanding	788.98	660.87	660.87	467.07	402.15
Total Common Shares Outstanding	788.98	660.87	660.87	467.07	402.15
Working Capital	-125.1	-50.85	-7.38	-63.24	-22.42
Book Value Per Share	-0.01	0.03	0.15	0.18	0.34
Tangible Book Value	-36.31	-38.7	15.01	-13.04	50.64
Tangible Book Value Per Share	-0.05	-0.06	0.02	-0.03	0.13
Buildings	-	-	15.26	15.26	15.26
Machinery	-	35.14	38.55	44.78	57.07

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