Nanjing Gaoke Company Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	1,549	1,385	1,125	1,291	1,005	892.41
Trading Asset Securities	1,161	1,320	1,297	2,064	2,267	2,960
Cash & Short-Term Investments	2,710	2,705	2,422	3,354	3,272	3,853
Cash Growth	-8.30%	11.66%	-27.79%	2.52%	-15.07%	-16.11%
Accounts Receivable	2,135	2,464	2,517	2,336	1,243	825.7
Other Receivables	12.72	22.01	67.24	45.07	98.77	81.37
Receivables	2,175	2,531	2,645	2,423	1,410	960.76
Inventory	8,999	8,931	11,155	11,342	13,909	11,252
Prepaid Expenses	-	505.56	491.24	493.25	419.12	465.71
Other Current Assets	624.89	86.72	73.59	75.07	68.54	85.26
Total Current Assets	14,509	14,759	16,787	17,688	19,079	16,616
Property, Plant & Equipment	386.21	389.1	415.26	245.48	260.1	319.28
Long-Term Investments	22,962	22,013	19,920	18,421	16,929	14,958
Goodwill	8.83	8.83	8.83	-	-	-
Other Intangible Assets	133.67	136.2	138.23	39.82	41.92	44.22
Long-Term Accounts Receivable	-	-	-	-	343.22	355.3
Long-Term Deferred Tax Assets	589.26	588.43	603.69	353.78	213.94	179.29
Long-Term Deferred Charges	19.08	35.36	47.83	34.4	8.55	6.81
Other Long-Term Assets	577.35	574.08	473.78	501.28	527.79	550.91
Total Assets	39,186	38,504	38,395	37,283	37,404	33,029
Accounts Payable	3,483	3,494	3,851	3,614	3,164	3,027
Accrued Expenses	250.47	425.44	513.69	582.76	1,218	1,580
Short-Term Debt	5,399	5,535	5,277	6,921	6,291	4,809
Current Portion of Long-Term Debt	1,718	1,107	1,889	1,155	551.55	60.26
Current Portion of Leases	-	3.85	2.69	25.59	46.31	54.6
Current Income Taxes Payable	110.77	10.56	8.52	6.26	31.44	110.46
Current Unearned Revenue	1,157	1,228	1,790	1,965	3,535	5,077
Other Current Liabilities	792.07	973.36	1,023	1,033	2,886	487.23
Total Current Liabilities	12,910	12,778	14,355	15,304	17,723	15,204
Long-Term Debt	3,882	3,971	2,375	1,807	350	140
Long-Term Leases	19.78	19.38	18.64	-	22.66	65.57
Long-Term Unearned Revenue	0.43	0.37	0.3	15.57	0.6	0.75
Long-Term Deferred Tax Liabilities	1,557	1,580	1,671	1,603	1,651	1,642
Total Liabilities	18,369	18,348	18,419	18,729	19,748	17,053
Common Stock	1,730	1,730	1,730	1,730	1,730	1,236
Additional Paid-In Capital	-	-	-	122.92	122.92	122.92
Retained Earnings	18,812	18,185	16,874	15,633	14,803	13,636
Comprehensive Income & Other	-796.87	-816.2	202.88	51.58	-92.43	75.87
Total Common Equity	19,746	19,099	18,807	17,538	16,563	15,071
Minority Interest	1,071	1,057	1,168	1,016	1,093	905.77
Shareholders' Equity	20,817	20,156	19,976	18,554	17,656	15,977
Total Liabilities & Equity	39,186	38,504	38,395	37,283	37,404	33,029
Total Debt	11,018	10,636	9,563	9,910	7,261	5,129
Net Cash (Debt)	-8,308	-7,931	-7,141	-6,555	-3,989	-1,276
Net Cash Per Share	-4.80	-4.58	-4.13	-3.79	-2.30	-0.74
Filing Date Shares Outstanding	1,730	1,730	1,730	1,730	1,730	1,730
Total Common Shares Outstanding	1,730	1,730	1,730	1,730	1,730	1,730
Working Capital	1,599	1,981	2,432	2,384	1,356	1,412
Book Value Per Share	11.41	11.04	10.87	10.14	9.57	8.71
Tangible Book Value	19,603	18,954	18,660	17,498	16,521	15,027
Tangible Book Value Per Share	11.33	10.95	10.78	10.11	9.55	8.68
Buildings	-	434.81	434.83	266.66	265.42	274.95
Machinery	-	154.32	146.56	67.42	72.81	78.17
Construction In Progress	-	7.56	2.57	41.04	1.55	-

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