HKG:9903 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	1,713	313.56	308.05	219.31
Short-Term Investments	39.88	48.96	4.84	33.87
Trading Asset Securities	50.12	-	-	8.78
Cash & Short-Term Investments	1,803	362.53	312.89	261.96
Cash Growth	588.35%	15.86%	19.44%	-
Accounts Receivable	408.86	403.23	253.4	88.71
Other Receivables	29.42	49.34	292.51	22.32
Receivables	438.28	452.56	545.91	111.03
Inventory	494.92	342.64	232.6	244.02
Restricted Cash	42.57	0.06	0.06	92.68
Other Current Assets	392.62	104.55	195.67	75.41
Total Current Assets	3,172	1,262	1,287	785.09
Property, Plant & Equipment	145.79	168.65	114.5	102.38
Long-Term Investments	96.78	97.37	91.29	50
Other Intangible Assets	141.95	140.67	74.58	101.06
Long-Term Accounts Receivable	2.13	2.55	18.3	-
Other Long-Term Assets	2.37	13.59	7.18	8.15
Total Assets	3,561	1,685	1,593	1,047
Accounts Payable	29.88	45.65	18.16	85.26
Accrued Expenses	96.89	135.63	86.37	71.38
Short-Term Debt	532.42	540.5	388.3	102.88
Current Portion of Long-Term Debt	51.39	25.56	104.11	0.05
Current Portion of Leases	10.44	17.98	3.71	13.79
Current Income Taxes Payable	9.6	7.49	6.76	6.04
Current Unearned Revenue	42.3	31.03	48.54	2.48
Other Current Liabilities	102.65	76.13	30.52	34.84
Total Current Liabilities	875.58	879.96	686.47	316.71
Long-Term Debt	83.5	42	-	50
Long-Term Leases	3.93	15.16	1.86	1.94
Long-Term Unearned Revenue	71.9	45.11	26.04	44.67
Other Long-Term Liabilities	9.82	14.29	0.28	13.69
Total Liabilities	1,045	996.51	714.64	427
Additional Paid-In Capital	228.89	193.81	186.22	171.31
Retained Earnings	-1,290	-3,743	-2,851	-2,059
Treasury Stock	-39.65	-40.85	-28.62	-31.85
Comprehensive Income & Other	3,616	4,279	3,616	2,581
Total Common Equity	2,516	688.67	922.74	660.98
Minority Interest	-	-	-44.4	-41.3
Shareholders' Equity	2,516	688.67	878.34	619.68
Total Liabilities & Equity	3,561	1,685	1,593	1,047
Total Debt	681.69	641.2	497.98	168.65
Net Cash (Debt)	1,121	-278.67	-185.09	93.3
Net Cash Per Share	6.59	-1.70	-1.27	0.71
Filing Date Shares Outstanding	228.89	165	145.85	131.27
Total Common Shares Outstanding	228.89	165	145.85	131.27
Working Capital	2,296	382.39	600.67	468.39
Book Value Per Share	10.99	4.17	6.33	5.04
Tangible Book Value	2,374	548	848.16	559.92
Tangible Book Value Per Share	10.37	3.32	5.82	4.27
Machinery	326.65	283.94	193.09	131.54
Leasehold Improvements	20.78	20.78	19.89	13.75

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