HKG:2627 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	108.43	132.19	45.32
Short-Term Investments	-	-	22.24
Trading Asset Securities	-	-	10.02
Cash & Short-Term Investments	108.43	132.19	77.57
Cash Growth	-	70.41%	-
Accounts Receivable	148.17	284.91	73.6
Other Receivables	15.29	20.49	14.77
Receivables	163.46	305.4	88.37
Inventory	107.74	57.81	41.82
Other Current Assets	-	0.14	5.49
Total Current Assets	379.63	495.54	213.25
Property, Plant & Equipment	990.42	1,031	835.26
Other Intangible Assets	6.71	7.66	8.84
Long-Term Deferred Charges	18	18	18
Other Long-Term Assets	62.81	60.86	44.4
Total Assets	1,458	1,613	1,120
Accounts Payable	439.69	441.62	89.36
Accrued Expenses	-	-	58.63
Short-Term Debt	12.59	27.67	-
Current Portion of Long-Term Debt	388.43	347.52	217.89
Current Portion of Leases	4.46	7.15	6.47
Other Current Liabilities	11.27	84.72	156.82
Total Current Liabilities	859.88	908.68	529.16
Long-Term Debt	506.78	462.01	148.26
Long-Term Leases	4.23	42.13	48.81
Long-Term Unearned Revenue	36.6	37.02	30.24
Other Long-Term Liabilities	16.42	16.42	-
Total Liabilities	1,424	1,466	756.47
Common Stock	360	360	360
Additional Paid-In Capital	712.32	691.37	614.93
Retained Earnings	-1,091	-969.08	-710.36
Comprehensive Income & Other	51.93	64.3	98.7
Shareholders' Equity	33.66	146.59	363.27
Total Liabilities & Equity	1,458	1,613	1,120
Total Debt	916.49	886.48	421.42
Net Cash (Debt)	-808.07	-754.29	-343.85
Net Cash Per Share	-2.24	-2.10	-0.96
Filing Date Shares Outstanding	360	360	360
Total Common Shares Outstanding	360	360	360
Working Capital	-480.25	-413.14	-315.92
Book Value Per Share	0.09	0.41	1.01
Tangible Book Value	26.95	138.93	354.43
Tangible Book Value Per Share	0.07	0.39	0.98
Buildings	-	137.39	107
Machinery	-	12.82	12.61
Construction In Progress	-	411.97	351.99
Leasehold Improvements	-	16.74	16.44

Source: S&P Global Market Intelligence. Standard template. Financial Sources.