HKG:3680 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	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	25.72	16.4	113.26	15.11	21.96	74.18
Cash & Short-Term Investments	25.72	16.4	113.26	15.11	21.96	74.18
Cash Growth	-63.37%	-85.52%	649.50%	-31.17%	-70.41%	-58.43%
Accounts Receivable	138.96	157.31	175.99	207.16	246.43	218.89
Other Receivables	3.9	2.81	2.85	7.86	1.08	0.77
Receivables	142.86	160.12	178.84	215.02	247.52	219.67
Prepaid Expenses	5.21	5.08	5.56	1.6	2.34	0.99
Restricted Cash	3.03	7.87	-	-	-	-
Other Current Assets	3.07	3.49	4.97	4.69	4.95	11.3
Total Current Assets	179.89	192.95	302.63	236.42	276.77	306.14
Property, Plant & Equipment	6.84	9.02	33.61	47.53	93.58	105.25
Long-Term Investments	83.95	16.25	14.76	19.25	12.65	10.34
Goodwill	-	18.6	18.6	18.6	18.6	18.6
Other Intangible Assets	52	40.56	62.23	77.2	68.45	36.18
Long-Term Deferred Tax Assets	9.41	9.33	8.85	8.43	3.64	1.86
Other Long-Term Assets	11.78	12.14	3.47	3.47	-	3.37
Total Assets	343.87	298.85	444.15	410.88	473.69	481.74
Accounts Payable	55.25	91.61	91.59	74.32	76.9	68.68
Accrued Expenses	21.93	24.2	29.75	54.56	59.32	37.63
Short-Term Debt	3.06	10.52	-	67.03	54.22	80.89
Current Portion of Long-Term Debt	127.45	98.66	166.19	79.13	49.69	6.44
Current Portion of Leases	3.2	3.68	5.21	3.37	15.1	13.51
Current Income Taxes Payable	2.04	2.04	2.05	3.54	3.64	8.02
Current Unearned Revenue	0.68	1.25	1	1.91	24.9	1.21
Other Current Liabilities	12.05	11.84	14.22	15.8	15.42	13.93
Total Current Liabilities	225.66	243.8	310.01	299.66	299.19	230.3
Long-Term Debt	-	10	10	2.46	0.62	-
Long-Term Leases	0.16	1.66	6.15	4.39	17.78	31.75
Long-Term Deferred Tax Liabilities	0.42	0.51	0.68	0.85	1.94	2.47
Other Long-Term Liabilities	-	-	-	-	-	1.57
Total Liabilities	226.24	255.97	326.84	307.37	319.52	266.09
Common Stock	7.15	5.95	5.95	4.15	3.6	3.6
Additional Paid-In Capital	341.28	306.83	306.83	181.24	130.04	130.04
Retained Earnings	-335.41	-378.6	-303.6	-194.36	-66.17	10.07
Comprehensive Income & Other	84.28	86.27	86.65	91.73	70.23	60.63
Total Common Equity	97.3	20.46	95.84	82.76	137.69	204.34
Minority Interest	20.33	22.42	21.47	20.75	16.48	11.31
Shareholders' Equity	117.63	42.88	117.31	103.51	154.17	215.65
Total Liabilities & Equity	343.87	298.85	444.15	410.88	473.69	481.74
Total Debt	133.86	124.52	187.55	156.39	137.4	132.59
Net Cash (Debt)	-108.14	-108.12	-74.29	-141.28	-115.44	-58.4
Net Cash Per Share	-0.16	-0.16	-0.13	-0.34	-0.29	-0.15
Filing Date Shares Outstanding	790.87	660.87	660.87	467.07	402.15	402.15
Total Common Shares Outstanding	790.87	660.87	660.87	467.07	402.15	402.15
Working Capital	-45.77	-50.85	-7.38	-63.24	-22.42	75.85
Book Value Per Share	0.12	0.03	0.15	0.18	0.34	0.51
Tangible Book Value	45.3	-38.7	15.01	-13.04	50.64	149.55
Tangible Book Value Per Share	0.06	-0.06	0.02	-0.03	0.13	0.37
Buildings	-	-	15.26	15.26	15.26	15.26
Machinery	-	35.14	38.55	44.78	57.07	46.37

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