HKG:3686 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	204.77	282.91	591.14	567.24	351.88
Short-Term Investments	80	-	120	55	64.79
Cash & Short-Term Investments	284.77	282.91	711.14	622.24	416.67
Cash Growth	0.66%	-60.22%	14.29%	49.34%	16.28%
Accounts Receivable	26.76	39.85	28.54	59.75	110.97
Other Receivables	16.63	-	8.85	5.47	10.64
Receivables	45.47	39.85	38.24	66.06	122.79
Inventory	8.18	9.71	10.34	17.26	18.21
Restricted Cash	0.65	0.65	0.65	0.56	0.56
Other Current Assets	1.9	-	4.95	11.93	6.85
Total Current Assets	340.97	333.13	765.31	718.04	565.08
Property, Plant & Equipment	15.16	24.96	36.11	48.7	69.65
Long-Term Investments	344.08	221.29	50.5	50.13	117.05
Other Intangible Assets	0.83	1.05	0.89	1.26	1.48
Long-Term Accounts Receivable	-	5.39	5.12	3.85	4.22
Long-Term Deferred Tax Assets	0.9	1.12	1.6	1.52	2.5
Other Long-Term Assets	16.08	18.58	13.24	19.6	3.69
Total Assets	718.02	605.52	872.78	843.1	763.66
Accounts Payable	29.75	35.99	31.55	47.22	55.73
Accrued Expenses	15.71	13.87	13.52	14.01	16.26
Current Portion of Leases	10.25	13.76	10.9	15.21	11.83
Current Income Taxes Payable	8.31	8.97	10.1	9.04	9.71
Current Unearned Revenue	15.85	19.83	24.29	32.9	23.46
Other Current Liabilities	22.12	23.92	30.85	25.33	26.74
Total Current Liabilities	101.98	116.34	121.21	143.71	143.72
Long-Term Leases	20.25	31.38	38.9	52.24	54.07
Long-Term Deferred Tax Liabilities	5.17	4.7	11.43	8.56	3.35
Total Liabilities	127.4	152.41	171.54	204.51	201.13
Common Stock	8.88	8.88	8.88	8.88	8.88
Additional Paid-In Capital	179.33	179.33	179.33	179.33	179.33
Retained Earnings	502.06	400.33	648.46	585.82	509.29
Comprehensive Income & Other	-99.65	-135.43	-135.43	-135.43	-134.97
Total Common Equity	590.62	453.11	701.23	638.6	562.53
Shareholders' Equity	590.62	453.11	701.23	638.6	562.53
Total Liabilities & Equity	718.02	605.52	872.78	843.1	763.66
Total Debt	30.51	45.14	49.8	67.44	65.89
Net Cash (Debt)	254.27	237.77	661.34	554.79	350.78
Net Cash Growth	6.94%	-64.05%	19.21%	58.16%	11.64%
Net Cash Per Share	0.25	0.23	0.65	0.55	0.34
Filing Date Shares Outstanding	1,016	1,016	1,016	1,016	1,016
Total Common Shares Outstanding	1,016	1,016	1,016	1,016	1,016
Working Capital	238.99	216.79	644.11	574.34	421.36
Book Value Per Share	0.58	0.45	0.69	0.63	0.55
Tangible Book Value	589.79	452.06	700.35	637.34	561.04
Tangible Book Value Per Share	0.58	0.45	0.69	0.63	0.55
Machinery	-	10.03	11.29	12.55	17.21
Leasehold Improvements	-	25.8	25.17	22.66	23.49

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