HKG:6651 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	166.23	134.46	40.33	78.91
Short-Term Investments	51.4	80.18	90.91	3.59
Cash & Short-Term Investments	217.63	214.65	131.24	82.5
Cash Growth	163.80%	63.55%	59.08%	-
Accounts Receivable	142.23	197.58	110.18	75.44
Other Receivables	6.01	6.24	2.79	3.95
Receivables	148.24	203.82	112.96	79.38
Inventory	29.48	22.82	19.63	78.95
Restricted Cash	23.32	23.27	3.1	9.7
Other Current Assets	65.59	60.06	2.56	3.08
Total Current Assets	484.26	524.61	269.49	253.62
Property, Plant & Equipment	17	23.27	38.94	58.41
Long-Term Investments	56.42	41.87	63.64	190.56
Other Intangible Assets	3.08	1.78	2.62	1.76
Other Long-Term Assets	36	42.68	-	-
Total Assets	596.75	634.22	374.69	504.34
Accounts Payable	52	77.12	33.44	52.89
Accrued Expenses	67.69	67.99	56.86	72.81
Short-Term Debt	211.23	149.04	118.66	92.94
Current Portion of Leases	11.27	12.6	12.27	14.91
Current Income Taxes Payable	1.47	1.51	0.05	-
Current Unearned Revenue	34.47	25.54	26.49	111.35
Other Current Liabilities	34.37	37	2.99	1,059
Total Current Liabilities	412.49	370.8	250.76	1,404
Long-Term Leases	4.32	8.51	20.85	36.29
Total Liabilities	416.81	379.31	271.61	1,440
Common Stock	382.38	382.38	365	365
Retained Earnings	-966.44	-875.32	-796.19	-710.6
Comprehensive Income & Other	755.87	736.83	529.92	-590.08
Total Common Equity	171.81	243.89	98.73	-935.68
Minority Interest	8.14	11.02	4.35	0.06
Shareholders' Equity	179.95	254.91	103.08	-935.63
Total Liabilities & Equity	596.75	634.22	374.69	504.34
Total Debt	226.81	170.15	151.77	144.14
Net Cash (Debt)	-9.18	44.5	-20.54	-61.64
Net Cash Per Share	-0.02	0.12	-0.06	-0.40
Filing Date Shares Outstanding	365	382.38	318.97	152.26
Total Common Shares Outstanding	365	382.38	318.97	152.26
Working Capital	71.77	153.82	18.73	-1,150
Book Value Per Share	0.47	0.64	0.31	-6.15
Tangible Book Value	168.73	242.11	96.12	-937.44
Tangible Book Value Per Share	0.46	0.63	0.30	-6.16
Machinery	10.84	10.84	10.08	10.04
Leasehold Improvements	7.28	7.14	7.98	6.89

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