HKG:3778 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	195.14	209.09	190.07	263.4	283.03	184.61
Short-Term Investments	-	4.62	-	-	-	-
Cash & Short-Term Investments	195.14	213.71	190.07	263.4	283.03	184.61
Cash Growth	8.96%	12.44%	-27.84%	-6.94%	53.32%	36.16%
Accounts Receivable	13.08	13.37	18.14	10.38	13.23	15.57
Other Receivables	-	-	0.04	4.86	2.93	4.24
Receivables	13.08	13.37	18.18	15.24	16.16	19.81
Inventory	238.78	193.14	224.22	132.89	314.65	182.67
Other Current Assets	60.48	68.47	80.31	130.68	91.96	114.24
Total Current Assets	507.48	488.7	512.78	542.2	705.8	501.32
Property, Plant & Equipment	851.33	888.49	966.06	1,023	947.47	986.6
Goodwill	20.62	20.62	20.62	20.62	20.62	20.62
Long-Term Deferred Tax Assets	-	-	-	1.16	5.41	-
Other Long-Term Assets	0.3	0.17	0.59	8.31	10.27	0.01
Total Assets	1,380	1,398	1,500	1,595	1,690	1,509
Accounts Payable	89.84	85	88.36	113.23	69.76	124.9
Accrued Expenses	182.34	161.79	178.9	183.19	183	163.71
Short-Term Debt	-	-	-	5.34	8.38	12.38
Current Portion of Long-Term Debt	317.56	402.73	406.09	425.82	492.68	443.52
Current Portion of Leases	-	-	-	0.64	2.77	16.51
Current Income Taxes Payable	1.91	20.13	17.95	1.49	23.78	13.78
Current Unearned Revenue	20.41	5	11.26	12.47	25.03	17.09
Other Current Liabilities	8.97	9.97	9.49	13.98	10.02	8.21
Total Current Liabilities	621.03	684.62	712.05	756.14	815.41	800.1
Long-Term Debt	55	10	70.07	83.37	49.41	35.48
Long-Term Leases	-	-	-	-	-	1.05
Long-Term Unearned Revenue	5.64	5.77	6.04	6.3	6.57	6.83
Long-Term Deferred Tax Liabilities	31.36	20.78	23.36	34.43	36.98	35.87
Total Liabilities	713.03	721.18	811.51	880.25	908.37	879.32
Common Stock	101.99	101.99	101.99	101.99	101.99	101.99
Additional Paid-In Capital	53.07	53.07	53.07	53.07	53.07	73.9
Retained Earnings	362.89	372.99	384.73	411.25	477.39	307.27
Comprehensive Income & Other	148.74	148.74	148.74	148.74	148.74	148.74
Total Common Equity	666.7	676.79	688.53	715.06	781.19	631.9
Minority Interest	-	-	-	-	-	-2.67
Shareholders' Equity	666.7	676.79	688.53	715.06	781.19	629.24
Total Liabilities & Equity	1,380	1,398	1,500	1,595	1,690	1,509
Total Debt	372.56	412.73	476.16	515.17	553.24	508.93
Net Cash (Debt)	-177.42	-199.02	-286.1	-251.77	-270.21	-324.33
Net Cash Per Share	-1.42	-1.59	-2.28	-2.01	-2.16	-2.59
Filing Date Shares Outstanding	125.24	125.24	125.24	125.24	125.24	125.24
Total Common Shares Outstanding	125.24	125.24	125.24	125.24	125.24	125.24
Working Capital	-113.55	-195.92	-199.26	-213.94	-109.62	-298.78
Book Value Per Share	5.32	5.40	5.50	5.71	6.24	5.05
Tangible Book Value	646.08	656.18	667.92	694.44	760.58	611.29
Tangible Book Value Per Share	5.16	5.24	5.33	5.55	6.07	4.88
Buildings	-	704.73	704.73	659.23	651.56	647.16
Machinery	-	860.65	861.87	840.14	769.83	771.52
Construction In Progress	-	3.14	3.14	47.15	40.4	6.42
Leasehold Improvements	-	0.59	0.59	-	0.34	0.34

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