HKG:3737 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	161.56	174.42	167.1	164.37	381.01	233.38
Short-Term Investments	-	24.5	32.59	25.66	23.66	15.67
Trading Asset Securities	-	-	-	2.28	14.69	8.8
Cash & Short-Term Investments	161.56	198.92	199.69	192.3	419.36	257.85
Cash Growth	-8.36%	-0.39%	3.84%	-54.14%	62.64%	-17.10%
Accounts Receivable	417.81	441.76	439.57	327.99	311.56	293.56
Other Receivables	0.22	5.62	8.53	8.47	6.71	13.88
Receivables	418.03	447.38	448.1	336.46	318.27	307.44
Inventory	241.51	280.59	345.35	330.02	322.9	268.06
Restricted Cash	49.45	26.39	2.11	-	-	-
Other Current Assets	-	42.08	18.87	15.34	30.39	24.1
Total Current Assets	935.51	995.36	1,014	874.12	1,091	857.44
Property, Plant & Equipment	650.5	671.14	730.44	664.12	573.6	547.31
Long-Term Investments	82.9	69.72	43.95	49.31	17.91	17
Goodwill	1.63	1.63	1.63	1.63	1.63	1.63
Other Intangible Assets	7.01	8.38	11.85	14.22	15.4	18.29
Long-Term Deferred Tax Assets	29.04	29.75	28.35	30.07	30.19	31.97
Other Long-Term Assets	56.23	55.51	156.78	159.17	145.61	50.47
Total Assets	1,763	1,831	1,987	1,793	1,875	1,524

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Accounts Payable	254.32	261.6	295.96	190.97	189.78	120.83
Accrued Expenses	-	43.97	44.9	46.66	89.87	59.34
Short-Term Debt	-	-	-	-	36.03	57.24
Current Portion of Long-Term Debt	10	12.07	46.33	27.33	-	-
Current Portion of Leases	30.99	31.28	35.43	48.25	40.21	37.87
Current Income Taxes Payable	32.17	36.16	44.91	39.58	30.76	27.71
Current Unearned Revenue	2.39	13.89	13.79	33.13	134.97	29.81
Other Current Liabilities	256.3	222.57	250.26	222.68	209.64	168.02
Total Current Liabilities	586.16	621.54	731.56	608.61	731.25	500.83
Long-Term Debt	-	36	38.27	22.68	-	-
Long-Term Leases	46.65	50.66	68.57	76.59	94.62	80.62
Long-Term Unearned Revenue	4.51	5.43	7.91	11.87	15.84	15.43
Long-Term Deferred Tax Liabilities	18.14	18.08	19.26	19.55	27.59	26.06
Total Liabilities	655.45	731.71	865.58	739.3	869.31	622.94

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Common Stock	6.85	6.85	6.85	6.85	6.85	6.85
Additional Paid-In Capital	-	25.04	63.59	86.73	202.87	202.87
Retained Earnings	-	1,040	1,022	927.28	764.51	658.12
Comprehensive Income & Other	1,096	23.05	23.59	27.66	28.75	30.9
Total Common Equity	1,102	1,095	1,117	1,049	1,003	898.74
Minority Interest	5	5.05	5.02	4.82	2.97	2.43
Shareholders' Equity	1,107	1,100	1,122	1,053	1,006	901.17
Total Liabilities & Equity	1,763	1,831	1,987	1,793	1,875	1,524

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Total Debt	87.63	130.01	188.6	174.86	170.86	175.74
Net Cash (Debt)	73.93	68.91	11.09	17.45	248.5	82.1
Net Cash Growth	100.84%	521.45%	-36.45%	-92.98%	202.67%	-33.32%
Net Cash Per Share	0.09	0.08	0.01	0.02	0.29	0.10
Filing Date Shares Outstanding	828.73	863.6	863.6	863.6	863.6	863.6
Total Common Shares Outstanding	828.73	863.6	863.6	863.6	863.6	863.6
Working Capital	349.35	373.83	282.56	265.51	359.67	356.61
Book Value Per Share	1.33	1.27	1.29	1.21	1.16	1.04
Tangible Book Value	1,094	1,085	1,103	1,033	985.95	878.82
Tangible Book Value Per Share	1.32	1.26	1.28	1.20	1.14	1.02
Buildings	-	411.9	271.57	279.83	268.41	194.41
Machinery	-	325.07	268.92	250.64	221.23	181.43
Construction In Progress	-	15.04	221.69	110.59	29.86	116.37
Leasehold Improvements	-	192	192.2	184.08	187.73	164.24