HKG:2560 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
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
Cash & Equivalents	490.13	131.39	166.1	131.76	214.31
Short-Term Investments	28.24	18.9	20.09	-	-
Trading Asset Securities	-	40	-	-	-
Cash & Short-Term Investments	518.37	190.28	186.19	131.76	214.31
Cash Growth	202.57%	2.20%	41.32%	-38.52%	-
Accounts Receivable	772.07	866.72	770.01	632.81	359.7
Other Receivables	16.5	13.7	13.62	-	-
Receivables	788.56	880.42	783.62	632.81	359.7
Inventory	188.09	101.52	102.9	118.6	52.94
Other Current Assets	-	14.58	9.34	-	0.13
Total Current Assets	1,495	1,187	1,082	883.17	627.08
Property, Plant & Equipment	1,186	1,196	1,194	1,169	938.18
Goodwill	28.69	28.69	28.69	28.69	28.69
Other Intangible Assets	10.31	11.32	13.85	11.44	13.49
Long-Term Accounts Receivable	33.13	8.53	2.5	24.05	37.85
Long-Term Deferred Tax Assets	32.65	28.07	24.1	22.93	15.19
Total Assets	2,786	2,459	2,345	2,139	1,660
Accounts Payable	219.07	211.55	195.71	154.45	133.1
Accrued Expenses	34.3	63.2	59.13	59.88	53.26
Short-Term Debt	-	-	-	-	15
Current Portion of Long-Term Debt	731.13	720.21	701.64	712.08	312
Current Portion of Leases	3.78	4.36	1.78	1.74	1.67
Current Income Taxes Payable	19.16	22.61	12.31	6.86	5.46
Current Unearned Revenue	31.96	12.48	13.45	11.39	2.46
Other Current Liabilities	47.65	69.52	114.58	128.9	111.81
Total Current Liabilities	1,087	1,104	1,099	1,075	634.75
Long-Term Debt	202.78	198.49	245.64	391.7	441.09
Long-Term Leases	7.77	9.61	4.02	2.05	3.8
Long-Term Unearned Revenue	40.02	39.55	36.41	9.62	5.16
Long-Term Deferred Tax Liabilities	11.02	11.28	12.33	13.9	15.27
Total Liabilities	1,349	1,363	1,397	1,493	1,100
Common Stock	579.89	434.92	434.92	361.56	-
Additional Paid-In Capital	-	-	-	-	138
Comprehensive Income & Other	738.35	555.71	430.04	229.38	393.32
Total Common Equity	1,318	990.63	864.96	590.94	531.32
Minority Interest	118.83	105.76	83.51	55.54	29.09
Shareholders' Equity	1,437	1,096	948.47	646.48	560.41
Total Liabilities & Equity	2,786	2,459	2,345	2,139	1,660
Total Debt	945.47	932.67	953.07	1,108	773.55
Net Cash (Debt)	-427.1	-742.39	-766.88	-975.82	-559.25
Net Cash Per Share	-0.84	-1.71	-1.79	-2.70	-1.55
Filing Date Shares Outstanding	579.89	579.89	434.92	361.56	361.56
Total Common Shares Outstanding	579.89	434.92	434.92	361.56	361.56
Working Capital	407.96	82.86	-16.54	-192.14	-7.68
Book Value Per Share	2.27	2.28	1.99	1.63	1.47
Tangible Book Value	1,279	950.62	822.42	550.82	489.14
Tangible Book Value Per Share	2.21	2.19	1.89	1.52	1.35
Machinery	-	1,248	1,174	1,069	422.31
Construction In Progress	-	2.67	16.33	50.96	422.62

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