Ginwa Enterprise (Group) 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	310.79	347.68	620.45	434.49	160.8
Trading Asset Securities	49.28	25.02	56.83	145.14	490.18
Cash & Short-Term Investments	360.08	372.7	677.28	579.64	650.99
Cash Growth	-3.39%	-44.97%	16.84%	-10.96%	-6.13%
Accounts Receivable	142.96	132.48	134.99	151.47	134.16
Other Receivables	61.45	214.53	7.13	165.25	2.55
Receivables	204.42	347.01	142.12	316.72	136.71
Inventory	32.81	31.9	26.25	25.15	34.71
Other Current Assets	23.87	30.75	355.82	27.1	30.23
Total Current Assets	621.18	782.37	1,201	948.61	852.63
Property, Plant & Equipment	617.76	512.19	245.88	512.4	498.81
Long-Term Investments	504.71	507.61	505.87	347.53	360.09
Other Intangible Assets	103.79	71.86	75.48	75.48	78.55
Long-Term Deferred Tax Assets	56.39	59.29	30.54	25.81	29.9
Long-Term Deferred Charges	10.97	19.45	20.77	28.54	10.28
Other Long-Term Assets	13.17	19.31	28.55	36.05	39.93
Total Assets	1,928	1,972	2,109	1,974	1,870
Accounts Payable	8.89	37.62	9.28	15.78	15.74
Accrued Expenses	4	91.73	257.95	64.44	35
Short-Term Debt	-	34.56	-	-	-
Current Portion of Long-Term Debt	20.63	-	-	-	-
Current Portion of Leases	-	2.68	5.35	4.15	-
Current Income Taxes Payable	15.45	-	3.57	4.45	-
Current Unearned Revenue	3.1	0.97	0.72	6.61	3.78
Other Current Liabilities	274.41	199.54	170.03	177.1	95.74
Total Current Liabilities	326.47	367.09	446.91	272.53	150.26
Long-Term Leases	3.39	8.96	5.43	11.7	-
Long-Term Unearned Revenue	34.38	20.72	0.21	0.25	0.28
Long-Term Deferred Tax Liabilities	1.49	2.32	1.95	6.17	4.97
Other Long-Term Liabilities	3.88	13.5	15.63	0.01	58.46
Total Liabilities	369.61	412.59	470.12	290.65	213.97
Common Stock	373.27	373.27	373.27	373.27	373.27
Additional Paid-In Capital	821.35	821.35	821.35	821.35	821.35
Retained Earnings	648.96	643.97	569.36	605.2	571.74
Treasury Stock	-149.5	-149.5	-	-	-
Comprehensive Income & Other	-134.47	-128.59	-125.55	-116.05	-110.14
Total Common Equity	1,560	1,560	1,638	1,684	1,656
Minority Interest	-1.26	-1.01	-	-	-
Shareholders' Equity	1,558	1,559	1,638	1,684	1,656
Total Liabilities & Equity	1,928	1,972	2,109	1,974	1,870
Total Debt	24.02	46.19	10.78	15.85	-
Net Cash (Debt)	336.05	326.51	666.5	563.79	650.99
Net Cash Growth	2.92%	-51.01%	18.22%	-13.39%	1.17%
Net Cash Per Share	0.95	0.91	1.79	1.51	1.75
Filing Date Shares Outstanding	351.95	352.71	373.27	373.27	373.27
Total Common Shares Outstanding	351.95	352.71	373.27	373.27	373.27
Working Capital	294.71	415.27	754.56	676.07	702.38
Book Value Per Share	4.43	4.42	4.39	4.51	4.44
Tangible Book Value	1,456	1,489	1,563	1,608	1,578
Tangible Book Value Per Share	4.14	4.22	4.19	4.31	4.23
Buildings	-	127.25	127.25	579.73	579.73
Machinery	-	98.8	89.38	155.69	146.95
Construction In Progress	-	373.69	110.83	197.28	190.9

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