Guming Holdings Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	3,295	4,321	1,935	2,428	1,147	151.81
Short-Term Investments	-	15.23	16.86	18.88	18.7	16.79
Trading Asset Securities	953.53	1,347	1,245	197.29	37.35	241.68
Cash & Short-Term Investments	4,249	5,683	3,197	2,644	1,203	410.28
Cash Growth	-17.10%	77.78%	20.90%	119.75%	193.28%	-
Accounts Receivable	745.07	721.62	326.13	79.46	37.51	34.4
Other Receivables	-	134.79	129.4	88.34	45.06	23.22
Receivables	745.07	856.41	455.53	167.8	82.58	57.62
Inventory	1,113	1,300	984.24	881.14	705.56	706.79
Prepaid Expenses	-	54.38	53.14	29.08	19.98	20.94
Restricted Cash	6,525	6,482	41.51	124	-	-
Other Current Assets	330.83	186.24	128.45	162.52	153.21	171.91
Total Current Assets	12,964	14,562	4,860	4,009	2,165	1,368
Property, Plant & Equipment	1,734	1,172	1,115	768.46	449.57	319.1
Long-Term Investments	614.63	652.63	759.62	298.51	367.07	287.5
Other Intangible Assets	0.53	0.64	0.85	0.11	0.47	2.17
Long-Term Accounts Receivable	89.49	176.31	109.87	-	-	-
Long-Term Deferred Tax Assets	61.21	53.76	24.99	40.25	46.66	42.93
Other Long-Term Assets	21	32.6	4.73	36.93	3.34	24.26
Total Assets	15,485	16,650	6,875	5,153	3,032	2,044

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Accounts Payable	964.01	992.11	697.89	601.27	389.54	149.59
Accrued Expenses	-	351.91	221.9	188.8	117.98	143.68
Short-Term Debt	5,640	6,322	-	124	-	-
Current Portion of Long-Term Debt	-	-	3,182	3,156	2,819	-
Current Portion of Leases	41.3	28.68	37.16	43.67	52.2	44.66
Current Income Taxes Payable	359.02	293.1	64.97	38.81	53.37	166.81
Current Unearned Revenue	40.56	47.82	79.12	76.21	57.52	65.34
Other Current Liabilities	1,949	2,476	169.6	133.42	176.13	2,510
Total Current Liabilities	8,994	10,512	4,452	4,362	3,666	3,080
Long-Term Debt	-	139.35	121.23	-	-	-
Long-Term Leases	50.71	29	17	26.52	54.14	82.87
Long-Term Unearned Revenue	27.5	32.48	35.96	36.58	59.77	63.23
Long-Term Deferred Tax Liabilities	99.14	95.28	136.13	112.13	68.71	23
Total Liabilities	9,171	10,808	4,763	4,537	3,848	3,249

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Common Stock	0.16	0.16	0.13	0.13	0.11	0.11
Retained Earnings	-	3,355	1,586	107.25	-972.38	-1,339
Comprehensive Income & Other	6,300	2,469	480.41	475.62	139.89	122.7
Total Common Equity	6,300	5,824	2,066	582.99	-832.38	-1,216
Minority Interest	13.61	18.43	45.73	32.51	15.79	10.38
Shareholders' Equity	6,314	5,842	2,112	615.51	-816.59	-1,206
Total Liabilities & Equity	15,485	16,650	6,875	5,153	3,032	2,044

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Total Debt	5,732	6,519	3,357	3,350	2,925	127.53
Net Cash (Debt)	-1,483	-836.35	-160.28	-706.06	-1,722	282.75
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.62	-0.36	-0.08	-0.34	-	-
Filing Date Shares Outstanding	2,378	2,378	2,378	1,887	-	-
Total Common Shares Outstanding	2,378	2,378	1,887	1,887	-	-
Working Capital	3,970	4,050	407.36	-353.53	-1,501	-1,713
Book Value Per Share	2.65	2.45	1.10	0.31	-	-
Tangible Book Value	6,299	5,823	2,065	582.89	-832.86	-1,218
Tangible Book Value Per Share	2.65	2.45	1.09	0.31	-	-
Buildings	-	467.83	471.25	-	-	-
Machinery	-	456.25	401.74	270.78	239.31	148.89
Construction In Progress	-	258.64	201.39	396.43	16.39	54.57
Leasehold Improvements	-	96.51	83.21	76.29	78.45	28.17