Nanjing Gaoke Company Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,385	1,125	1,291	1,005	892.41
Trading Asset Securities	1,320	1,297	2,064	2,267	2,960
Cash & Short-Term Investments	2,705	2,422	3,354	3,272	3,853
Cash Growth	11.66%	-27.79%	2.52%	-15.07%	-16.11%
Accounts Receivable	2,464	2,517	2,336	1,243	825.7
Other Receivables	22.01	67.24	45.07	98.77	81.37
Receivables	2,531	2,645	2,423	1,410	960.76
Inventory	8,931	11,155	11,342	13,909	11,252
Prepaid Expenses	-	491.24	493.25	419.12	465.71
Other Current Assets	592.28	73.59	75.07	68.54	85.26
Total Current Assets	14,759	16,787	17,688	19,079	16,616
Property, Plant & Equipment	389.1	415.26	245.48	260.1	319.28
Long-Term Investments	22,013	19,920	18,421	16,929	14,958
Goodwill	8.83	8.83	-	-	-
Other Intangible Assets	136.2	138.23	39.82	41.92	44.22
Long-Term Accounts Receivable	-	-	-	343.22	355.3
Long-Term Deferred Tax Assets	588.43	603.69	353.78	213.94	179.29
Long-Term Deferred Charges	19.61	47.83	34.4	8.55	6.81
Other Long-Term Assets	589.82	473.78	501.28	527.79	550.91
Total Assets	38,504	38,395	37,283	37,404	33,029
Accounts Payable	3,513	3,851	3,614	3,164	3,027
Accrued Expenses	292.51	513.69	582.76	1,218	1,580
Short-Term Debt	4,732	5,277	6,921	6,291	4,809
Current Portion of Long-Term Debt	1,111	1,889	1,155	551.55	60.26
Current Portion of Leases	-	2.69	25.59	46.31	54.6
Current Income Taxes Payable	128.7	8.52	6.26	31.44	110.46
Current Unearned Revenue	1,228	1,790	1,965	3,535	5,077
Other Current Liabilities	1,772	1,023	1,033	2,886	487.23
Total Current Liabilities	12,778	14,355	15,304	17,723	15,204
Long-Term Debt	3,971	2,375	1,807	350	140
Long-Term Leases	19.38	18.64	-	22.66	65.57
Long-Term Unearned Revenue	0.37	0.3	15.57	0.6	0.75
Long-Term Deferred Tax Liabilities	1,580	1,671	1,603	1,651	1,642
Total Liabilities	18,348	18,419	18,729	19,748	17,053
Common Stock	1,730	1,730	1,730	1,730	1,236
Additional Paid-In Capital	-920.07	-	122.92	122.92	122.92
Retained Earnings	18,185	16,874	15,633	14,803	13,636
Comprehensive Income & Other	103.87	202.88	51.58	-92.43	75.87
Total Common Equity	19,099	18,807	17,538	16,563	15,071
Minority Interest	1,057	1,168	1,016	1,093	905.77
Shareholders' Equity	20,156	19,976	18,554	17,656	15,977
Total Liabilities & Equity	38,504	38,395	37,283	37,404	33,029
Total Debt	9,833	9,563	9,910	7,261	5,129
Net Cash (Debt)	-7,129	-7,141	-6,555	-3,989	-1,276
Net Cash Per Share	-4.12	-4.13	-3.79	-2.30	-0.74
Filing Date Shares Outstanding	1,728	1,730	1,730	1,730	1,730
Total Common Shares Outstanding	1,728	1,730	1,730	1,730	1,730
Working Capital	1,981	2,432	2,384	1,356	1,412
Book Value Per Share	11.05	10.87	10.14	9.57	8.71
Tangible Book Value	18,954	18,660	17,498	16,521	15,027
Tangible Book Value Per Share	10.97	10.78	10.11	9.55	8.68
Buildings	-	434.83	266.66	265.42	274.95
Machinery	-	146.56	67.42	72.81	78.17
Construction In Progress	-	2.57	41.04	1.55	-

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