HKG:7688 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	1,720	208.93	133.54	148.39	346.82
Short-Term Investments	-	14.1	11.98	27.25	8.18
Trading Asset Securities	-	-	-	11.62	18.88
Cash & Short-Term Investments	1,720	223.03	145.51	187.25	373.88
Cash Growth	1443.50%	53.27%	-22.29%	-49.92%	-
Accounts Receivable	235.02	228.83	84.4	108.24	89.42
Other Receivables	-	13.52	4.58	12.61	0.04
Receivables	235.02	242.34	88.98	120.85	89.46
Inventory	282.88	255.35	486.1	588.55	443.46
Prepaid Expenses	76.35	1.08	1.03	0.82	0.92
Restricted Cash	16.14	12.27	10.35	14.22	17.21
Other Current Assets	-	22.06	11.46	33.75	53.67
Total Current Assets	2,331	756.14	743.43	945.44	978.6
Property, Plant & Equipment	264.63	215.35	176.8	100.31	109.99
Long-Term Investments	7.92	7.3	20.02	36.93	53.83
Other Intangible Assets	24.46	26.97	29.1	31.37	37.37
Long-Term Accounts Receivable	3.38	2.17	12.86	7.09	-
Other Long-Term Assets	7.78	5.22	1.88	0.75	-
Total Assets	2,639	1,013	984.09	1,122	1,180

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Accounts Payable	177.56	111.91	146.73	228.43	193.75
Accrued Expenses	-	42.6	31.32	25.12	51.44
Short-Term Debt	111.35	163.71	140.3	40.11	7.66
Current Portion of Long-Term Debt	27.26	22.46	4.02	-	-
Current Portion of Leases	19.65	19.1	25.81	32.3	31.06
Current Income Taxes Payable	-	-	-	0.01	0
Current Unearned Revenue	206.36	272.04	351.11	575.5	649.05
Other Current Liabilities	79.23	43.78	31.64	23.81	31.05
Total Current Liabilities	621.4	675.59	730.93	925.27	964.01
Long-Term Debt	202.36	109.81	38.07	-	-
Long-Term Leases	25.32	32.66	43.52	58.56	82.05
Long-Term Unearned Revenue	13.11	15.32	2.51	4.54	1.96
Total Liabilities	862.19	833.37	815.03	988.36	1,048

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Common Stock	41.91	34.4	34.4	34.4	34.01
Additional Paid-In Capital	-	590.83	589.32	567.64	504.43
Retained Earnings	-	-464.43	-468.07	-477.09	-417.12
Comprehensive Income & Other	1,745	26.85	19.34	12.51	12.57
Total Common Equity	1,787	187.65	174.99	137.45	133.89
Minority Interest	-9.85	-7.88	-5.93	-3.93	-2.12
Shareholders' Equity	1,777	179.77	169.06	133.52	131.78
Total Liabilities & Equity	2,639	1,013	984.09	1,122	1,180

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Total Debt	385.94	347.73	251.72	130.96	120.77
Net Cash (Debt)	1,334	-124.7	-106.21	56.29	253.11
Net Cash Growth	-	-	-	-77.76%	-
Net Cash Per Share	3.79	-0.36	-0.31	0.17	0.75
Filing Date Shares Outstanding	419.08	343.95	343.95	340.31	337.32
Total Common Shares Outstanding	419.08	343.95	343.95	340.31	337.32
Working Capital	1,709	80.55	12.5	20.18	14.59
Book Value Per Share	4.26	0.55	0.51	0.40	0.40
Tangible Book Value	1,762	160.69	145.89	106.09	96.52
Tangible Book Value Per Share	4.20	0.47	0.42	0.31	0.29
Buildings	-	59.9	-	-	-
Machinery	-	74.82	68.46	57.88	53.78
Construction In Progress	-	30	43.05	3.53	6.91
Leasehold Improvements	-	17.86	12.36	12.02	10.17
Order Backlog	-	660.8	572.79	995.56	1,247