HKG:3752 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	14.8	21.81	451.41
Short-Term Investments	134.6	55.08	-
Trading Asset Securities	232.52	293.57	50.11
Cash & Short-Term Investments	381.92	370.46	501.52
Cash Growth	3.09%	-26.13%	-
Receivables	334.09	234.33	132.55
Inventory	195.16	86.5	99.35
Other Current Assets	44.5	69.66	40.24
Total Current Assets	955.68	760.95	773.65
Property, Plant & Equipment	169.15	167.74	153.47
Long-Term Investments	121.52	30.63	63.44
Other Intangible Assets	6.11	0.98	1.67
Other Long-Term Assets	1.03	3.7	2.23
Total Assets	1,253	964	994.45
Accounts Payable	251.79	115.24	99.69
Accrued Expenses	23.24	18.55	14.74
Short-Term Debt	34.05	23.98	14.95
Current Portion of Leases	1.77	1.86	2.47
Current Income Taxes Payable	4.17	4.11	3.24
Current Unearned Revenue	10.37	20.28	14.33
Other Current Liabilities	29.2	17.38	99.83
Total Current Liabilities	354.59	201.39	249.25
Long-Term Debt	2,034	1,661	1,477
Long-Term Leases	0.98	2.66	0.71
Long-Term Unearned Revenue	22.03	22.09	9.43
Other Long-Term Liabilities	-	-	10
Total Liabilities	2,411	1,888	1,746
Common Stock	23.87	22.99	8.95
Retained Earnings	-667.46	-488.15	-727.57
Comprehensive Income & Other	-514.3	-458.48	-32.87
Shareholders' Equity	-1,158	-923.64	-751.49
Total Liabilities & Equity	1,253	964	994.45
Total Debt	2,071	1,690	1,495
Net Cash (Debt)	-1,689	-1,320	-993.17
Net Cash Per Share	-20.74	-15.65	-11.78
Filing Date Shares Outstanding	238.69	84.34	84.34
Total Common Shares Outstanding	238.69	84.34	84.34
Working Capital	601.08	559.56	524.41
Book Value Per Share	-4.85	-10.95	-8.91
Tangible Book Value	-1,164	-924.62	-753.16
Tangible Book Value Per Share	-4.88	-10.96	-8.93
Buildings	131.34	106.11	106.11
Machinery	55.43	48.82	44.46
Construction In Progress	0.17	19.39	0.67
Leasehold Improvements	10.56	9.93	9.65
Order Backlog	495.23	339.74	192.19