Guming Holdings 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	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	4,269	1,935	2,428	1,147	151.81
Short-Term Investments	-	16.86	18.88	18.7	16.79
Trading Asset Securities	833.35	1,245	197.29	37.35	241.68
Cash & Short-Term Investments	5,103	3,197	2,644	1,203	410.28
Cash Growth	92.98%	20.90%	119.75%	193.28%	-
Accounts Receivable	473.47	326.13	79.46	37.51	34.4
Other Receivables	-	129.4	88.34	45.06	23.22
Receivables	473.47	455.53	167.8	82.58	57.62
Inventory	929.61	984.24	881.14	705.56	706.79
Prepaid Expenses	-	53.14	29.08	19.98	20.94
Restricted Cash	1,655	41.51	124	-	-
Other Current Assets	240.91	128.45	162.52	153.21	171.91
Total Current Assets	8,402	4,860	4,009	2,165	1,368
Property, Plant & Equipment	1,143	1,115	768.46	449.57	319.1
Long-Term Investments	928.08	759.62	298.51	367.07	287.5
Other Intangible Assets	0.74	0.85	0.11	0.47	2.17
Long-Term Accounts Receivable	157.37	109.87	-	-	-
Long-Term Deferred Tax Assets	30.83	24.99	40.25	46.66	42.93
Other Long-Term Assets	10.16	4.73	36.93	3.34	24.26
Total Assets	10,672	6,875	5,153	3,032	2,044
Accounts Payable	858.5	697.89	601.27	389.54	149.59
Accrued Expenses	-	221.9	188.8	117.98	143.68
Short-Term Debt	1,488	-	124	-	-
Current Portion of Long-Term Debt	-	3,182	3,156	2,819	-
Current Portion of Leases	38.79	37.16	43.67	52.2	44.66
Current Income Taxes Payable	172.18	64.97	38.81	53.37	166.81
Current Unearned Revenue	72.06	79.12	76.21	57.52	65.34
Other Current Liabilities	1,318	169.6	133.42	176.13	2,510
Total Current Liabilities	3,947	4,452	4,362	3,666	3,080
Long-Term Debt	178.26	121.23	-	-	-
Long-Term Leases	34.6	17	26.52	54.14	82.87
Long-Term Unearned Revenue	26.9	35.96	36.58	59.77	63.23
Long-Term Deferred Tax Liabilities	119.85	136.13	112.13	68.71	23
Total Liabilities	4,307	4,763	4,537	3,848	3,249
Common Stock	0.16	0.13	0.13	0.11	0.11
Retained Earnings	-	1,586	107.25	-972.38	-1,339
Comprehensive Income & Other	6,352	480.41	475.62	139.89	122.7
Total Common Equity	6,352	2,066	582.99	-832.38	-1,216
Minority Interest	13.05	45.73	32.51	15.79	10.38
Shareholders' Equity	6,365	2,112	615.51	-816.59	-1,206
Total Liabilities & Equity	10,672	6,875	5,153	3,032	2,044
Total Debt	1,740	3,357	3,350	2,925	127.53
Net Cash (Debt)	3,363	-160.28	-706.06	-1,722	282.75
Net Cash Per Share	1.46	-0.08	-0.34	-	-
Filing Date Shares Outstanding	2,260	2,378	1,887	-	-
Total Common Shares Outstanding	2,260	1,887	1,887	-	-
Working Capital	4,454	407.36	-353.53	-1,501	-1,713
Book Value Per Share	2.81	1.10	0.31	-	-
Tangible Book Value	6,351	2,065	582.89	-832.86	-1,218
Tangible Book Value Per Share	2.81	1.09	0.31	-	-
Buildings	-	471.25	-	-	-
Machinery	-	401.74	270.78	239.31	148.89
Construction In Progress	-	201.39	396.43	16.39	54.57
Leasehold Improvements	-	83.21	76.29	78.45	28.17

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.