HKG:6681 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	430.36	343.88	57.58	28.25	323.74
Short-Term Investments	-	-	-	30.18	-
Trading Asset Securities	-	-	-	228.79	-
Cash & Short-Term Investments	430.36	343.88	57.58	287.22	323.74
Cash Growth	25.15%	497.26%	-79.95%	-11.28%	-
Accounts Receivable	93.15	92.94	49.85	8.36	1.12
Other Receivables	36.76	36.88	25.7	11.34	15.38
Receivables	129.91	134.22	76.05	19.7	16.5
Other Current Assets	101.19	70.03	169.09	0.25	0.46
Total Current Assets	661.46	548.13	302.72	307.17	340.7
Property, Plant & Equipment	45.22	44.43	36.66	33.91	27.2
Long-Term Investments	-	-	-	73.01	-
Other Intangible Assets	12.67	2.91	4.22	0.56	0.07
Other Long-Term Assets	13.54	4.03	51.25	3.44	3.33
Total Assets	732.89	599.5	394.85	418.09	371.3
Accounts Payable	18.76	3.42	8.25	1.76	0.16
Accrued Expenses	11.74	11.61	9.95	4.75	6.42
Short-Term Debt	346.09	627.66	337.63	9.33	155.83
Current Portion of Long-Term Debt	-	74.66	-	-	-
Current Portion of Leases	7.62	11.82	7.93	7.52	6.69
Current Income Taxes Payable	2.31	1.86	2.76	1.04	0.47
Current Unearned Revenue	18.86	11.77	4.03	1.02	0.45
Other Current Liabilities	18.57	39.2	22.3	10.2	6.92
Total Current Liabilities	423.94	782.01	392.84	35.62	176.94
Long-Term Debt	202.31	271.62	329.44	309.86	291.2
Long-Term Leases	9.5	8.92	4.63	3.8	10.88
Long-Term Unearned Revenue	1.66	0.98	0.13	0.43	0.28
Other Long-Term Liabilities	-	-	-	1,163	573.28
Total Liabilities	637.42	1,064	727.04	1,512	1,053
Common Stock	0	0	0	4.43	3.94
Additional Paid-In Capital	-	6.22	6.22	-	-
Retained Earnings	-	-1,836	-1,638	-1,279	-776.11
Comprehensive Income & Other	97.34	1,366	1,299	179.9	90.89
Total Common Equity	97.35	-463.65	-332.14	-1,094	-681.28
Minority Interest	-1.87	-0.37	-0.04	-0.01	-0
Shareholders' Equity	95.47	-464.02	-332.18	-1,094	-681.28
Total Liabilities & Equity	732.89	599.5	394.85	418.09	371.3
Total Debt	565.52	994.68	679.62	330.5	464.59
Net Cash (Debt)	-135.16	-650.8	-622.04	-43.28	-140.85
Net Cash Per Share	-0.11	-0.65	-1.07	-0.15	-0.94
Filing Date Shares Outstanding	1,266	1,266	989.29	280.65	150.26
Total Common Shares Outstanding	1,266	1,266	989.29	280.65	150.26
Working Capital	237.52	-233.88	-90.12	271.55	163.76
Book Value Per Share	0.08	-0.37	-0.34	-3.90	-4.53
Tangible Book Value	84.67	-466.56	-336.36	-1,095	-681.35
Tangible Book Value Per Share	0.07	-0.37	-0.34	-3.90	-4.53
Machinery	44.22	31.23	20.29	11.92	4.68
Construction In Progress	0.42	2.77	0.47	0.88	5.13
Leasehold Improvements	15.18	26.18	22.7	16.28	0.44

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