HKG:8481 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	2015 - 2019
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	2015 - 2019
Cash & Equivalents	54.28	55.62	77.35	10.28	13.08	14.84	Upgrade
Trading Asset Securities	-	-	-	-	12.01	-	Upgrade
Cash & Short-Term Investments	54.28	55.62	77.35	10.28	25.09	14.84	Upgrade
Cash Growth	-20.78%	-28.09%	652.34%	-59.02%	69.06%	-6.61%	Upgrade
Accounts Receivable	213.51	205.18	167.97	138.27	111.41	102.49	Upgrade
Other Receivables	0.9	0.9	0.96	-0.97	0.63	0.27	Upgrade
Receivables	214.41	206.08	168.93	137.3	112.05	102.76	Upgrade
Inventory	36.08	33.42	28.47	30.82	43.94	45.16	Upgrade
Prepaid Expenses	4.21	5.05	9.58	1.2	-	-	Upgrade
Other Current Assets	45.65	24.26	18.87	10.67	36.71	36.35	Upgrade
Total Current Assets	354.65	324.44	303.19	190.27	217.78	199.11	Upgrade
Property, Plant & Equipment	519.66	456.97	338.96	322.48	304.67	236.8	Upgrade
Other Intangible Assets	83.38	85.73	42.56	38.58	39.5	40.69	Upgrade
Long-Term Deferred Tax Assets	2.77	2.88	3.02	4.19	4.28	5.34	Upgrade
Long-Term Deferred Charges	-	-	-	5.09	6.45	6.04	Upgrade
Other Long-Term Assets	4.9	4.9	6.34	20.35	21.26	13.07	Upgrade
Total Assets	965.35	874.92	694.07	580.96	593.95	501.05	Upgrade
Accounts Payable	64.05	117.07	133.81	90.87	179.86	156.68	Upgrade
Accrued Expenses	35.41	43.19	31.85	22.84	-	-	Upgrade
Short-Term Debt	70	70	50	49.3	77	35	Upgrade
Current Portion of Long-Term Debt	5	5	3.2	12.66	69.13	12	Upgrade
Current Portion of Leases	0.11	0.11	0.11	0.1	0.31	-	Upgrade
Current Income Taxes Payable	4.65	6.44	4.2	0.49	-	-	Upgrade
Current Unearned Revenue	0.13	1.24	0.74	0.82	-	-	Upgrade
Other Current Liabilities	7.66	44.9	13.18	16.25	-	-	Upgrade
Total Current Liabilities	187	287.94	237.08	193.34	326.3	203.68	Upgrade
Long-Term Debt	393.95	305.8	197.9	154.61	43.98	92	Upgrade
Long-Term Leases	0.08	0.13	0.24	0.34	0.16	-	Upgrade
Long-Term Unearned Revenue	93.13	2.21	2.42	2.62	2.82	3.02	Upgrade
Other Long-Term Liabilities	-	-	0.9	2.89	5.3	0.96	Upgrade
Total Liabilities	674.16	596.09	438.53	353.8	378.56	299.65	Upgrade
Common Stock	4.17	4.17	4.25	4.25	4.25	4.25	Upgrade
Additional Paid-In Capital	-	107.69	111.66	111.66	111.66	111.66	Upgrade
Retained Earnings	218.7	212.91	165.39	137.04	124.98	111.39	Upgrade
Treasury Stock	-	-20.36	-0.32	-	-	-	Upgrade
Comprehensive Income & Other	68.33	-25.57	-25.45	-25.8	-25.5	-25.9	Upgrade
Total Common Equity	291.2	278.83	255.54	227.16	215.39	201.4	Upgrade
Shareholders' Equity	291.2	278.83	255.54	227.16	215.39	201.4	Upgrade
Total Liabilities & Equity	965.35	874.92	694.07	580.96	593.95	501.05	Upgrade
Total Debt	469.13	381.04	251.44	217.02	190.58	139	Upgrade
Net Cash (Debt)	-414.85	-325.41	-174.09	-206.74	-165.49	-124.16	Upgrade
Net Cash Per Share	-0.91	-0.68	-0.35	-0.41	-0.33	-0.25	Upgrade
Filing Date Shares Outstanding	446.19	450	498.55	500	500	500	Upgrade
Total Common Shares Outstanding	446.19	450	498.55	500	500	500	Upgrade
Working Capital	167.65	36.5	66.11	-3.07	-108.52	-4.57	Upgrade
Book Value Per Share	0.65	0.62	0.51	0.45	0.43	0.40	Upgrade
Tangible Book Value	207.82	193.1	212.97	188.58	175.89	160.7	Upgrade
Tangible Book Value Per Share	0.47	0.43	0.43	0.38	0.35	0.32	Upgrade
Buildings	-	226.58	226.47	208.48	193.08	78.1	Upgrade
Machinery	-	278.75	276.1	241.89	212.06	178.93	Upgrade
Construction In Progress	-	168.92	26.64	31.17	55.29	124.27	Upgrade

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