HKG:2658 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	114.58	188.61	464.48
Cash & Short-Term Investments	114.58	188.61	464.48
Cash Growth	-39.25%	-59.39%	-
Accounts Receivable	147.54	350.42	194.43
Other Receivables	83.71	38.97	26.67
Receivables	231.24	389.39	221.1
Inventory	212.26	446	305.29
Restricted Cash	37.82	21.04	3.31
Other Current Assets	6.4	2.06	0.86
Total Current Assets	602.31	1,047	995.03
Property, Plant & Equipment	2,535	1,596	511.9
Other Intangible Assets	3.45	0.31	0.25
Long-Term Deferred Tax Assets	105.89	16.94	32.07
Other Long-Term Assets	233.31	382.2	219.29
Total Assets	3,480	3,043	1,759
Accounts Payable	174.44	217.01	53.02
Accrued Expenses	10.9	17.52	18.15
Short-Term Debt	350.83	134.17	-
Current Portion of Long-Term Debt	283.73	164.79	-
Current Portion of Leases	6.35	8.1	4.01
Current Income Taxes Payable	0.62	0.7	0.69
Current Unearned Revenue	1.88	4.15	4.2
Other Current Liabilities	296.52	240	63.18
Total Current Liabilities	1,125	786.43	143.26
Long-Term Debt	1,060	484.76	-
Long-Term Leases	48.75	54.04	16.19
Long-Term Unearned Revenue	26.2	21.01	23.64
Long-Term Deferred Tax Liabilities	0.1	0.09	0.09
Total Liabilities	2,260	1,346	183.18
Common Stock	363.2	363.2	363.2
Retained Earnings	-572.38	-79.93	-181.36
Comprehensive Income & Other	1,424	1,401	1,384
Total Common Equity	1,215	1,684	1,566
Minority Interest	4.67	12.47	9.81
Shareholders' Equity	1,220	1,697	1,575
Total Liabilities & Equity	3,480	3,043	1,759
Total Debt	1,749	845.86	20.2
Net Cash (Debt)	-1,635	-657.26	444.27
Net Cash Per Share	-4.50	-1.81	1.34
Filing Date Shares Outstanding	363.2	363.2	331.48
Total Common Shares Outstanding	363.2	363.2	331.48
Working Capital	-522.96	260.66	851.78
Book Value Per Share	3.35	4.64	4.72
Tangible Book Value	1,211	1,684	1,565
Tangible Book Value Per Share	3.34	4.64	4.72
Machinery	1,343	1,183	366.33
Construction In Progress	1,272	368.54	179.94
Leasehold Improvements	72.9	70.16	20.04

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