HKG:2506 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	123.64	676.75	142.5	163.02	434.23
Trading Asset Securities	-	-	25	85	-
Cash & Short-Term Investments	123.64	676.75	167.5	248.02	434.23
Cash Growth	-81.73%	304.02%	-32.46%	-42.88%	-
Accounts Receivable	1,052	751.7	506.42	290.03	182.64
Other Receivables	93.37	98.54	83.28	47.72	66.19
Receivables	1,145	850.24	589.69	337.74	248.83
Inventory	131.44	102.85	73.53	46.89	32.37
Other Current Assets	282.07	51.35	22.42	19.31	11.65
Total Current Assets	1,682	1,681	853.15	651.95	727.08
Property, Plant & Equipment	25.41	21.66	15.6	11.32	11.27
Long-Term Investments	164.81	-	-	-	-
Goodwill	23.78	23.78	23.78	23.78	23.78
Other Intangible Assets	153.84	116.39	144.3	154.34	182.39
Long-Term Accounts Receivable	42.12	76.2	79.2	99.79	-
Long-Term Deferred Tax Assets	168.04	139.64	105.7	74.83	42.81
Long-Term Deferred Charges	25.64	29.2	14.02	11.68	23.08
Other Long-Term Assets	26.47	1.88	1.88	1.9	3.4
Total Assets	2,312	2,090	1,238	1,030	1,014
Accounts Payable	559.42	399.26	281.04	211.48	110.04
Accrued Expenses	112.95	117.25	86.79	72.5	51.89
Current Portion of Long-Term Debt	140.6	180	88	-	77.08
Current Portion of Leases	4.07	4.67	1.05	0.73	1.77
Current Income Taxes Payable	1.79	1.66	-	-	-
Current Unearned Revenue	35.95	35.18	42.03	31.47	51.75
Other Current Liabilities	334.61	262.27	172.13	287.26	194.98
Total Current Liabilities	1,189	1,000	671.05	603.44	487.52
Long-Term Debt	136.15	64.8	-	-	-
Long-Term Leases	2.17	4.64	0.5	-	0.72
Long-Term Unearned Revenue	24.9	19.3	-	-	-
Long-Term Deferred Tax Liabilities	11.93	14.07	16.2	18.34	20.48
Other Long-Term Liabilities	-	-	-	8.07	8.07
Total Liabilities	1,365	1,103	687.75	629.85	516.78
Common Stock	120.88	120.88	113.84	111	36.95
Additional Paid-In Capital	1,061	1,061	548.43	341.27	405.32
Retained Earnings	-586.23	-521.45	-388.85	-244	-54.6
Comprehensive Income & Other	300.64	279.17	225.36	132.96	38.89
Total Common Equity	896.58	939.9	498.79	341.23	426.57
Minority Interest	51.28	46.94	51.07	58.51	70.47
Shareholders' Equity	947.86	986.84	549.86	399.74	497.03
Total Liabilities & Equity	2,312	2,090	1,238	1,030	1,014
Total Debt	282.99	254.11	89.55	0.73	79.57
Net Cash (Debt)	-159.35	422.65	77.95	247.29	354.66
Net Cash Growth	-	442.18%	-68.48%	-30.27%	-
Net Cash Per Share	-1.32	3.71	0.70	2.23	3.80
Filing Date Shares Outstanding	120.88	120.88	113.84	111	93.36
Total Common Shares Outstanding	120.88	120.88	113.84	111	93.36
Working Capital	492.89	680.9	182.1	48.51	239.56
Book Value Per Share	7.42	7.78	4.38	3.07	4.57
Tangible Book Value	718.96	799.74	330.71	163.12	220.4
Tangible Book Value Per Share	5.95	6.62	2.90	1.47	2.36
Machinery	51.14	36.1	29.4	23.26	18.16
Leasehold Improvements	5.12	5.07	4.28	-	-
Order Backlog	-	-	-	184.8	99.4

Source: S&P Capital IQ. Standard template. Financial Sources.