HKG:8291 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	1.88	4.1	20.35	25.82	9.23
Trading Asset Securities	18.27	9.54	12.97	10.2	12.99
Cash & Short-Term Investments	20.15	13.64	33.31	36.01	22.22
Cash Growth	47.74%	-59.05%	-7.50%	62.09%	-13.76%
Accounts Receivable	14.1	14.64	30.59	18.77	27.36
Other Receivables	-	1.38	0.64	4.55	5.71
Receivables	14.1	16.02	31.23	23.33	33.07
Inventory	5.4	8.53	17.48	16.28	10.97
Prepaid Expenses	2.63	-	-	-	-
Other Current Assets	-	6.43	8.8	9.77	37.28
Total Current Assets	42.28	44.61	90.82	85.39	103.54
Property, Plant & Equipment	1.67	2.08	22.83	24.8	99.74
Total Assets	43.95	46.7	113.65	110.19	203.28
Accounts Payable	14.65	52.99	51.74	31.86	38.13
Accrued Expenses	4	3.91	9.64	11.61	1.99
Current Portion of Long-Term Debt	-	28	28	28	38
Current Portion of Leases	-	-	-	3.63	11.02
Current Income Taxes Payable	0	0.05	1.15	1.15	1.15
Other Current Liabilities	-	8.76	17.71	12.64	6.54
Total Current Liabilities	18.65	93.72	108.24	88.9	96.83
Long-Term Debt	83.61	46.57	92.75	82.75	88
Long-Term Leases	-	-	-	-	0.2
Total Liabilities	102.26	140.3	200.99	171.65	185.02
Common Stock	0.28	27.91	27.91	27.91	13.13
Additional Paid-In Capital	-	105.33	105.33	105.33	97.01
Retained Earnings	-	-208.66	-202.23	-175.68	-71.65
Comprehensive Income & Other	-58.58	-18.13	-18.34	-19.01	-20.24
Total Common Equity	-58.3	-93.56	-87.34	-61.46	18.25
Minority Interest	-0	-0.04	-	-	-
Shareholders' Equity	-58.3	-93.6	-87.34	-61.46	18.25
Total Liabilities & Equity	43.95	46.7	113.65	110.19	203.28
Total Debt	83.61	74.57	120.75	114.38	137.21
Net Cash (Debt)	-63.46	-60.93	-87.44	-78.37	-115
Net Cash Per Share	-1.16	-1.14	-1.64	-2.38	-4.31
Filing Date Shares Outstanding	55.9	53.33	53.33	53.33	26.67
Total Common Shares Outstanding	55.9	53.33	53.33	53.33	26.67
Working Capital	23.63	-49.11	-17.41	-3.51	6.71
Book Value Per Share	-1.04	-1.75	-1.64	-1.15	0.68
Tangible Book Value	-58.3	-93.56	-87.34	-61.46	18.25
Tangible Book Value Per Share	-1.04	-1.75	-1.64	-1.15	0.68
Buildings	-	-	144.25	144.25	144.25
Machinery	-	33.21	32.72	38.14	29.75

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