HKG:9881 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	151.78	7.61	15.14	23.43
Trading Asset Securities	27.22	22.42	11.5	55.03
Cash & Short-Term Investments	179	30.03	26.65	78.46
Cash Growth	128.14%	12.71%	-66.04%	-
Accounts Receivable	57.73	66.17	60.18	24.31
Other Receivables	8.73	10.74	14.08	11.67
Receivables	67.96	76.9	106.75	75.01
Inventory	73.12	66.38	91.19	91.38
Prepaid Expenses	26.74	6.94	2.92	1.84
Restricted Cash	-	-	2.3	6.79
Other Current Assets	0.94	0.62	1.06	2.4
Total Current Assets	347.75	180.87	230.88	255.87
Property, Plant & Equipment	88.78	89.13	88.97	90.57
Other Intangible Assets	22.6	0.15	0.14	0.06
Long-Term Deferred Tax Assets	3.89	1.52	2.82	2.24
Long-Term Deferred Charges	-	22.88	19.62	12.76
Other Long-Term Assets	68.24	42.59	40.96	43.53
Total Assets	531.26	337.13	383.38	405.04
Accounts Payable	38.37	43.81	68.1	46.04
Accrued Expenses	17.56	16.35	14.62	10.31
Current Portion of Long-Term Debt	127.75	57.94	37.48	60.22
Current Portion of Leases	0.13	0.13	0.1	0.33
Current Income Taxes Payable	1.16	0.79	1.44	4.22
Current Unearned Revenue	7.98	7.91	10.31	14.95
Other Current Liabilities	13.35	18.25	19.36	43.8
Total Current Liabilities	206.3	145.18	151.4	179.86
Long-Term Debt	17.91	31.38	49.28	49.98
Long-Term Leases	-	0.07	-	0.09
Long-Term Deferred Tax Liabilities	-	0.44	-	0.01
Total Liabilities	224.2	177.07	200.68	229.94
Common Stock	94.73	76.33	80	32.73
Retained Earnings	73.31	79.71	69.86	62.26
Comprehensive Income & Other	139.01	4.02	32.84	80.11
Shareholders' Equity	307.06	160.06	182.71	175.1
Total Liabilities & Equity	531.26	337.13	383.38	405.04
Total Debt	145.78	89.51	86.86	110.62
Net Cash (Debt)	33.21	-59.48	-60.21	-32.16
Net Cash Per Share	0.44	-0.77	-0.75	-0.40
Filing Date Shares Outstanding	94.73	76.33	80	80
Total Common Shares Outstanding	94.73	76.33	80	80
Working Capital	141.46	35.69	79.48	76.01
Book Value Per Share	3.24	2.10	2.28	2.19
Tangible Book Value	284.46	159.92	182.56	175.04
Tangible Book Value Per Share	3.00	2.09	2.28	2.19
Buildings	-	81.14	81.14	80.93
Machinery	-	30.53	26.14	24.18
Construction In Progress	-	0.07	-	-

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