GDH Guangnan (Holdings) Limited (HKG:1203)

GDH Guangnan (Holdings) Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	702.7	959.16	954.81	1,036	1,212	969.21
Cash & Short-Term Investments	702.7	959.16	954.81	1,036	1,212	969.21
Cash Growth	-18.29%	0.46%	-7.83%	-14.50%	25.01%	8.28%
Accounts Receivable	618.84	769.96	868.26	691.11	712.5	612.93
Other Receivables	452.82	168.58	169.05	346.71	214.27	299.44
Receivables	1,072	938.54	1,037	1,038	926.77	912.37
Inventory	556.64	1,030	795.79	486.33	526.05	478.92
Other Current Assets	13.41	25.3	24.82	9.58	18.81	14.6
Total Current Assets	2,344	2,953	2,813	2,570	2,683	2,375
Property, Plant & Equipment	2,094	1,964	1,880	1,969	1,854	1,520
Long-Term Investments	79.89	167.58	161.06	164.6	261.21	353.91
Goodwill	87.16	84.73	84.58	85.9	85.41	1.42
Total Assets	4,605	5,169	4,938	4,789	4,884	4,251

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	189.21	724.98	562.55	501.54	321.93	595.23
Accrued Expenses	-	1.56	0.21	0.18	0.17	1.49
Short-Term Debt	-	-	-	-	-	85.62
Current Portion of Long-Term Debt	196.1	434.83	516.65	395.56	728.39	200
Current Portion of Leases	22.87	15.76	14.3	8.66	8.87	4.13
Current Income Taxes Payable	0.12	3.28	14.7	16.93	14.54	5.65
Current Unearned Revenue	-	126.14	83.74	50.34	57.95	54.3
Other Current Liabilities	582.15	326.64	333.89	391.6	589.41	265.92
Total Current Liabilities	990.46	1,633	1,526	1,365	1,721	1,212
Long-Term Debt	523.99	436.57	463.66	527.59	268.19	72.21
Long-Term Leases	7.08	16.62	12.45	7.84	13.39	11.02
Long-Term Unearned Revenue	10.55	10.83	12.38	7.61	9.12	11.49
Pension & Post-Retirement Benefits	1.26	1.26	1.6	-	-	-
Long-Term Deferred Tax Liabilities	70.26	67.01	65.36	71.22	74.19	35.4
Other Long-Term Liabilities	-	-	-	14.3	13.96	-
Total Liabilities	1,604	2,165	2,081	1,993	2,100	1,342

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	459.65	459.65	459.65	459.65	459.65	459.65
Retained Earnings	-	2,020	1,959	1,852	1,834	1,733
Comprehensive Income & Other	2,252	230.08	173.9	257.91	279.78	486.87
Total Common Equity	2,711	2,710	2,593	2,570	2,574	2,679
Minority Interest	290.5	293.53	264.09	225.63	210.02	229.11
Shareholders' Equity	3,002	3,004	2,857	2,796	2,784	2,908
Total Liabilities & Equity	4,605	5,169	4,938	4,789	4,884	4,251

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	750.04	903.78	1,007	939.65	1,019	372.97
Net Cash (Debt)	-47.33	55.37	-52.24	96.28	192.8	596.24
Net Cash Growth	-	-	-	-50.06%	-67.66%	-28.42%
Net Cash Per Share	-0.05	0.06	-0.06	0.11	0.21	0.66
Filing Date Shares Outstanding	907.59	907.59	907.59	907.59	907.59	907.59
Total Common Shares Outstanding	907.59	907.59	907.59	907.59	907.59	907.59
Working Capital	1,354	1,320	1,287	1,205	962.01	1,163
Book Value Per Share	2.99	2.99	2.86	2.83	2.84	2.95
Tangible Book Value	2,624	2,626	2,508	2,484	2,488	2,678
Tangible Book Value Per Share	2.89	2.89	2.76	2.74	2.74	2.95
Buildings	-	1,564	1,538	1,414	1,129	772.78
Machinery	-	1,130	1,077	1,227	1,034	1,004
Construction In Progress	-	44.93	4.9	8.33	270.79	464.81
Leasehold Improvements	-	36.31	24.62	16.42	11.99	2.1

Data Source: S&P Global Market Intelligence Last updated: Aug 28, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Sep 14, 2026

Data Sources Report a data error