HKG:9689 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	176.9	33.41	189.71	106.45	7.81	63.7
Short-Term Investments	12.89	12.72	7.57	7.55	3.16	2.1
Cash & Short-Term Investments	189.79	46.13	197.28	113.99	10.97	65.79
Cash Growth	120.80%	-76.62%	73.06%	939.33%	-83.33%	44.41%
Accounts Receivable	100.36	19.1	49.57	32.86	498.05	137.53
Other Receivables	20.68	34.44	22.19	14.74	3.73	7.44
Receivables	121.04	53.54	71.76	47.6	501.77	144.97
Inventory	92.81	205.53	58.3	124.14	42.13	80.85
Other Current Assets	116.3	132.76	144.93	180.55	15.21	85.69
Total Current Assets	519.93	437.95	472.27	466.29	570.08	377.31
Property, Plant & Equipment	14.95	17.32	18.1	19.91	21.4	22.2
Long-Term Deferred Tax Assets	3.11	3.59	2.18	0.81	0.73	0.71
Other Long-Term Assets	-	4.19	4.19	4.19	4.19	4.64
Total Assets	537.99	463.06	496.75	491.2	596.41	404.86
Accounts Payable	2.51	1.09	4.61	-	157.03	16.24
Accrued Expenses	14.51	6.51	5.59	7.14	7.6	5.11
Current Portion of Leases	0.29	0.28	0.19	0.37	0.35	0.34
Current Income Taxes Payable	-	1.48	2.06	9.47	5.95	6.39
Current Unearned Revenue	73.79	0.09	7.6	24.49	3.53	2.21
Other Current Liabilities	6.22	7.13	21.15	8.19	15.07	8.24
Total Current Liabilities	97.33	16.57	41.2	49.66	189.53	38.53
Long-Term Leases	3.27	3.42	3.3	3.68	4.05	4.41
Long-Term Deferred Tax Liabilities	20.04	20.41	20.76	19.47	16.19	12.37
Total Liabilities	120.63	40.4	65.25	72.82	209.77	55.31
Common Stock	7.98	7.98	7.98	7.98	7.98	7.98
Additional Paid-In Capital	169.32	169.32	169.32	169.32	169.32	169.32
Retained Earnings	169.01	174.31	183.15	184.66	152.91	115.83
Comprehensive Income & Other	71.05	71.05	71.05	56.43	56.43	56.43
Shareholders' Equity	417.36	422.66	431.5	418.38	386.64	349.55
Total Liabilities & Equity	537.99	463.06	496.75	491.2	596.41	404.86
Total Debt	3.56	3.7	3.49	4.05	4.41	4.74
Net Cash (Debt)	186.23	42.43	193.79	109.94	6.56	61.05
Net Cash Growth	125.56%	-78.11%	76.27%	1575.66%	-89.25%	50.59%
Net Cash Per Share	0.20	0.05	0.21	0.12	0.01	0.07
Filing Date Shares Outstanding	930	930	930	930	930	930
Total Common Shares Outstanding	930	930	930	930	930	930
Working Capital	422.6	421.38	431.07	416.62	380.56	338.78
Book Value Per Share	0.45	0.45	0.46	0.45	0.42	0.38
Tangible Book Value	417.36	422.66	431.5	418.38	386.64	349.55
Tangible Book Value Per Share	0.45	0.45	0.46	0.45	0.42	0.38
Machinery	-	2.1	2.1	2.1	2.03	1.9
Construction In Progress	-	1.75	1.75	1.75	1.75	1.3
Leasehold Improvements	-	4.82	4.82	4.82	4.82	-

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