HKG:6162 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	40.85	142.26	92.6	106.49	100.85
Short-Term Investments	-	0.85	0.56	0.96	-
Cash & Short-Term Investments	40.85	143.11	93.17	107.45	100.85
Cash Growth	-71.45%	53.61%	-13.29%	6.54%	3.45%
Accounts Receivable	295.48	204.89	167.05	125.3	166.13
Other Receivables	-	3.36	6.17	-	0.83
Receivables	295.48	208.25	173.21	125.3	166.96
Inventory	67.64	61.25	74.27	69.11	82.9
Prepaid Expenses	57.32	-	-	-	2.54
Restricted Cash	22.59	-	-	-	-
Other Current Assets	-	9.61	5.14	4.22	4.52
Total Current Assets	483.88	422.21	345.78	306.08	357.77
Property, Plant & Equipment	178.75	179.03	164.99	195.24	204.92
Other Intangible Assets	0.53	0.85	1.2	1.54	1.28
Long-Term Deferred Tax Assets	8.01	8.9	7.52	6.38	2.06
Other Long-Term Assets	7.88	12.58	9.44	8.79	6.29
Total Assets	679.04	623.56	528.93	518.03	572.32
Accounts Payable	205.5	131.14	141.44	97.81	131.86
Accrued Expenses	26.28	35.99	12.16	9.57	4.38
Short-Term Debt	-	106.87	60.3	94.59	85.09
Current Portion of Long-Term Debt	179.31	28.68	26.99	19.09	33.51
Current Portion of Leases	3.19	4.44	1.4	0.54	0.82
Current Income Taxes Payable	-	2.05	1.25	0.56	0.07
Other Current Liabilities	-	28.78	21.38	33.72	31.65
Total Current Liabilities	414.27	337.94	264.91	255.87	287.39
Long-Term Debt	15.88	28.15	14.8	16.81	15.23
Long-Term Leases	5.14	7.55	0.72	-	0.06
Long-Term Unearned Revenue	1.59	2.32	3.06	3.79	2.97
Total Liabilities	436.88	375.96	283.49	276.47	305.64
Common Stock	17.52	17.52	17.52	17.52	17.52
Additional Paid-In Capital	-	96.85	96.85	96.85	96.85
Retained Earnings	-	149.11	147.14	143.39	169.4
Comprehensive Income & Other	224.44	-15.88	-16.07	-16.2	-17.11
Total Common Equity	241.96	247.6	245.45	241.57	266.67
Minority Interest	0.2	-	-	-	-
Shareholders' Equity	242.16	247.6	245.45	241.57	266.67
Total Liabilities & Equity	679.04	623.56	528.93	518.03	572.32
Total Debt	203.52	175.68	104.2	131.02	134.71
Net Cash (Debt)	-162.67	-32.57	-11.03	-23.57	-33.86
Net Cash Per Share	-0.08	-0.02	-0.01	-0.01	-0.02
Filing Date Shares Outstanding	2,000	2,000	2,000	2,000	2,000
Total Common Shares Outstanding	2,000	2,000	2,000	2,000	2,000
Working Capital	69.61	84.27	80.87	50.21	70.39
Book Value Per Share	0.12	0.12	0.12	0.12	0.13
Tangible Book Value	241.43	246.75	244.25	240.03	265.39
Tangible Book Value Per Share	0.12	0.12	0.12	0.12	0.13
Machinery	-	318.8	307.44	314.35	285.91
Construction In Progress	-	28.13	3.33	1.45	6.61

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