HKG:8139 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	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	19.86	16.33	14.89	19.36	8.24	9.8
Short-Term Investments	-	0.95	0.48	0.34	0.45	0.5
Trading Asset Securities	7.91	7.78	-	-	-	-
Cash & Short-Term Investments	27.77	25.06	15.36	19.69	8.69	10.31
Cash Growth	1.66%	63.13%	-21.98%	126.65%	-15.71%	-16.33%
Accounts Receivable	78.12	79.59	70.09	64.19	66.16	63.42
Other Receivables	2.19	0.87	0.69	0.34	0.21	0.19
Receivables	80.31	81.89	70.81	64.56	66.39	63.63
Inventory	75.07	80.11	71.39	67.66	65.2	47.99
Prepaid Expenses	-	1.7	0.54	0.02	0.41	0.11
Restricted Cash	0.02	2	2.77	6	0	1.2
Other Current Assets	13.1	0.25	0.35	1.41	2.27	2.6
Total Current Assets	196.26	191.03	161.22	159.34	142.96	125.85
Property, Plant & Equipment	112.26	113.27	96.46	90.58	88.4	89.42
Long-Term Deferred Tax Assets	3.03	3.21	3.08	3.14	2.57	3.44
Long-Term Deferred Charges	33.78	30.48	32.1	25.1	14.66	11.57
Total Assets	345.34	337.98	292.85	278.15	248.6	230.28
Accounts Payable	21.91	18.99	39.37	24.66	31.65	21.03
Accrued Expenses	5.8	8.61	7.3	6.59	7.68	5.32
Short-Term Debt	-	-	-	0.2	8.17	8.01
Current Portion of Long-Term Debt	176.24	158.19	90.09	91.87	85.39	64.97
Current Portion of Leases	0.34	0.32	0.1	0.27	-	-
Current Unearned Revenue	0.28	0.28	0.28	0.05	0.05	0.05
Other Current Liabilities	10.56	11.61	12.18	8.9	-	8.2
Total Current Liabilities	215.13	198.01	149.31	132.54	132.95	107.58
Long-Term Debt	8.37	14.77	21.32	27.95	-	14.73
Long-Term Leases	1.12	1.46	-	0.1	-	-
Long-Term Unearned Revenue	1.87	1.88	2.16	0.3	0.36	0.41
Other Long-Term Liabilities	3.17	3.17	2.63	2.13	1.59	1.29
Total Liabilities	229.65	219.29	175.42	163.03	134.89	124.01
Common Stock	38.4	38.4	38.4	38.4	38.4	38.4
Additional Paid-In Capital	-	43.53	43.53	43.53	43.53	43.53
Retained Earnings	26.95	36.77	35.5	33.2	31.78	24.34
Comprehensive Income & Other	50.34	-0.01	-	-	-	-
Shareholders' Equity	115.68	118.69	117.43	115.13	113.71	106.27
Total Liabilities & Equity	345.34	337.98	292.85	278.15	248.6	230.28
Total Debt	186.06	174.73	111.5	120.38	93.56	87.7
Net Cash (Debt)	-158.29	-149.67	-96.13	-100.69	-84.87	-77.39
Net Cash Per Share	-4.12	-3.90	-2.50	-2.62	-2.21	-2.02
Filing Date Shares Outstanding	38.4	38.4	38.4	38.4	38.4	38.4
Total Common Shares Outstanding	38.4	38.4	38.4	38.4	38.4	38.4
Working Capital	-18.87	-6.99	11.9	26.79	10.02	18.27
Book Value Per Share	3.01	3.09	3.06	3.00	2.96	2.77
Tangible Book Value	115.68	118.69	117.43	115.13	113.71	106.27
Tangible Book Value Per Share	3.01	3.09	3.06	3.00	2.96	2.77
Buildings	-	67.35	65.04	56.23	55.4	55.6
Machinery	-	94.6	82.01	72.35	69.48	68.76
Construction In Progress	-	30.39	22.23	27.88	24.16	19.97

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