China Saftower International Holding Group Limited (HKG:8623)

HKG:8623 Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	0.26	0.25	1.78	1.41	0.7	6.67
Short-Term Investments	-	0.03	11.69	0.06	0.17	0.1
Cash & Short-Term Investments	0.26	0.27	13.46	1.47	0.87	6.77
Cash Growth	-89.14%	-97.97%	817.03%	68.16%	-87.10%	-44.02%
Accounts Receivable	12.65	1.37	114.52	143.03	119.35	214.6
Other Receivables	14.44	13.43	12.68	23.28	30.09	21.24
Receivables	27.58	14.8	127.2	197.34	183.94	270.34
Inventory	5.13	8.35	10.09	5.25	18.22	20.41
Other Current Assets	13.52	35.07	10.21	15.42	26.06	13.24
Total Current Assets	46.48	58.49	160.96	219.48	229.09	310.76
Property, Plant & Equipment	59.05	69.34	108.63	99.73	144.47	146.01
Long-Term Investments	0.08	0.06	-	-	-	-
Goodwill	-	-	-	-	0.6	0.6
Other Intangible Assets	0.01	0.01	0.5	0.46	0.44	0.28
Long-Term Deferred Tax Assets	0.33	0.33	2.06	9.92	10.85	4.44
Other Long-Term Assets	1.21	1.16	0.65	29.26	7.16	7.72
Total Assets	107.16	129.38	272.8	358.85	392.61	469.81

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	97	79.82	97.29	95.64	53.9	65.55
Accrued Expenses	16.83	24.93	22.55	17.3	13.11	21.82
Short-Term Debt	6.69	2.19	5.72	38.62	47.32	173.57
Current Portion of Long-Term Debt	45.31	44.72	49.26	58.52	79.35	-
Current Portion of Leases	0.33	1.22	2.53	2.37	1.97	4.38
Current Income Taxes Payable	3.15	3.39	11.55	8.37	18.8	0.04
Current Unearned Revenue	0.42	5.08	1	3.18	17.95	23.43
Other Current Liabilities	34.48	54.42	34.84	39.69	19.29	14.56
Total Current Liabilities	204.2	215.76	224.72	263.69	251.7	303.35
Long-Term Debt	9.26	11.01	22.82	9.58	2.7	-
Long-Term Leases	-	-	5.62	8.15	0.09	2.43
Long-Term Unearned Revenue	0.25	0.25	0.61	0.98	1.35	1.72
Long-Term Deferred Tax Liabilities	0.73	0.73	2.75	4.07	1.25	1.23
Other Long-Term Liabilities	1.03	1.78	3.81	1.85	-	-
Total Liabilities	215.46	229.52	260.33	288.31	257.1	308.72

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	18.33	18.33	9.91	8.22	8.22	8.22
Additional Paid-In Capital	-	-	38.39	37.11	37.11	37.11
Retained Earnings	-	-	-121.67	-62.83	-2.79	18.73
Comprehensive Income & Other	-124.45	-116.96	73.23	66.1	69.27	69.22
Total Common Equity	-106.13	-98.64	-0.13	48.6	111.81	133.29
Minority Interest	-2.17	-1.51	12.6	21.94	23.7	27.8
Shareholders' Equity	-108.3	-100.14	12.47	70.54	135.52	161.09
Total Liabilities & Equity	107.16	129.38	272.8	358.85	392.61	469.81

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	61.58	59.14	85.94	117.23	131.44	180.38
Net Cash (Debt)	-61.32	-58.87	-72.48	-115.76	-130.56	-173.61
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.34	-0.40	-0.73	-1.26	-1.42	-2.01
Filing Date Shares Outstanding	187.18	187.18	110.4	92	92	92
Total Common Shares Outstanding	187.18	187.18	110.4	92	92	92
Working Capital	-157.72	-157.27	-63.77	-44.21	-22.61	7.42
Book Value Per Share	-0.57	-0.53	-0.00	0.53	1.22	1.45
Tangible Book Value	-106.13	-98.64	-0.63	48.14	110.77	132.41
Tangible Book Value Per Share	-0.57	-0.53	-0.01	0.52	1.20	1.44
Buildings	-	79.1	91.39	91.39	91.54	91.41
Machinery	-	67.68	61.67	42.85	94.73	82.62
Construction In Progress	-	0	0.02	1.34	5.09	6.91

Data Source: S&P Global Market Intelligence Last updated: Aug 27, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Sep 13, 2026

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