HKG:7688 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	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	223.03	145.51	187.25	373.88
Cash Growth	53.27%	-22.29%	-49.92%	-
Accounts Receivable	228.83	84.4	108.24	89.42
Other Receivables	13.52	4.58	12.61	0.04
Receivables	242.34	88.98	120.85	89.46
Inventory	255.35	486.1	588.55	443.46
Prepaid Expenses	1.08	1.03	0.82	0.92
Restricted Cash	12.27	10.35	14.22	17.21
Other Current Assets	22.06	11.46	33.75	53.67
Total Current Assets	756.14	743.43	945.44	978.6
Property, Plant & Equipment	215.35	176.8	100.31	109.99
Long-Term Investments	7.3	20.02	36.93	53.83
Other Intangible Assets	26.97	29.1	31.37	37.37
Long-Term Accounts Receivable	2.17	12.86	7.09	-
Other Long-Term Assets	5.22	1.88	0.75	-
Total Assets	1,013	984.09	1,122	1,180

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Common Stock	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	26.85	19.34	12.51	12.57
Total Common Equity	187.65	174.99	137.45	133.89
Minority Interest	-7.88	-5.93	-3.93	-2.12
Shareholders' Equity	179.77	169.06	133.52	131.78
Total Liabilities & Equity	1,013	984.09	1,122	1,180

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Total Debt	347.73	251.72	130.96	120.77
Net Cash (Debt)	-124.7	-106.21	56.29	253.11
Net Cash Growth	-	-	-77.76%	-
Net Cash Per Share	-0.36	-0.31	0.17	0.75
Filing Date Shares Outstanding	343.95	343.95	340.31	337.32
Total Common Shares Outstanding	343.95	343.95	340.31	337.32
Working Capital	80.55	12.5	20.18	14.59
Book Value Per Share	0.55	0.51	0.40	0.40
Tangible Book Value	160.69	145.89	106.09	96.52
Tangible Book Value Per Share	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