HKG:2635 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	384.58	167.33	84.54	138.46
Short-Term Investments	160	7.49	7.53	7.88
Cash & Short-Term Investments	544.58	174.82	92.06	146.33
Cash Growth	211.50%	89.89%	-37.09%	-
Receivables	540.97	478.35	303.6	183.47
Inventory	7.4	4.31	4.57	2.04
Other Current Assets	169.3	49.06	105.93	116.93
Total Current Assets	1,262	706.55	506.17	448.77
Property, Plant & Equipment	109.43	85.46	9.93	6.77
Other Intangible Assets	0.29	3.3	6.78	-
Long-Term Accounts Receivable	28	26.72	3.23	2.8
Long-Term Deferred Tax Assets	16.35	13.92	11.75	7.36
Other Long-Term Assets	51.49	0.25	0.25	0.08
Total Assets	1,468	836.2	538.11	465.78
Accounts Payable	181.02	54.25	27.99	104.1
Accrued Expenses	-	19.49	6.61	3.18
Short-Term Debt	-	-	-	30.19
Current Portion of Long-Term Debt	220.36	90	79.5	-
Current Portion of Leases	2.22	2.85	2.08	1.07
Current Income Taxes Payable	8.46	6.62	4.92	8.03
Current Unearned Revenue	-	13.25	1.79	0.37
Other Current Liabilities	32.14	7.28	3.54	6.54
Total Current Liabilities	444.21	193.74	126.43	153.49
Long-Term Debt	-	-	10	-
Long-Term Leases	0.33	2.74	3.41	2.59
Total Liabilities	444.54	196.47	139.84	156.08
Common Stock	37.87	34.08	32	32
Retained Earnings	-	277.07	161.7	73.13
Comprehensive Income & Other	985.39	328.57	204.57	204.57
Shareholders' Equity	1,023	639.72	398.27	309.7
Total Liabilities & Equity	1,468	836.2	538.11	465.78
Total Debt	222.91	95.59	94.99	33.85
Net Cash (Debt)	321.66	79.24	-2.93	112.48
Net Cash Growth	305.95%	-	-	-
Net Cash Per Share	0.94	0.24	-0.01	0.40
Filing Date Shares Outstanding	378.67	340.8	320	282.23
Total Common Shares Outstanding	378.67	340.8	320	282.23
Working Capital	818.02	512.81	379.74	295.28
Book Value Per Share	2.70	1.88	1.24	1.10
Tangible Book Value	1,023	636.42	391.49	309.7
Tangible Book Value Per Share	2.70	1.87	1.22	1.10
Machinery	-	70.25	3.82	2.28
Leasehold Improvements	-	12.82	2.45	1.83

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