Giti Tire 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	625.93	596.62	591.43	286.7	299.17	325.6
Cash & Short-Term Investments	625.93	596.62	591.43	286.7	299.17	325.6
Cash Growth	-14.41%	0.88%	106.29%	-4.17%	-8.12%	-2.63%
Accounts Receivable	1,896	1,989	1,932	1,943	1,496	1,409
Other Receivables	1.57	4.66	12.46	14.38	9.1	23.53
Receivables	1,897	1,994	1,944	1,957	1,506	1,433
Inventory	655.01	602.03	582.86	491.97	547.82	533.9
Other Current Assets	28.82	29.86	36.33	24.39	42.41	31.75
Total Current Assets	3,207	3,222	3,155	2,760	2,395	2,324
Property, Plant & Equipment	1,204	1,200	1,117	1,059	1,010	983.71
Other Intangible Assets	28.09	28.67	28.59	24.33	22.22	19.52
Long-Term Deferred Tax Assets	8.98	9.51	12.95	11.49	9.69	8
Long-Term Deferred Charges	0.02	0.02	0.04	-	0.01	0.35
Other Long-Term Assets	39.01	32.56	30.62	32.24	4.3	4.57
Total Assets	4,488	4,492	4,344	3,888	3,441	3,340
Accounts Payable	1,130	1,125	1,107	962.11	731.07	685.12
Accrued Expenses	40.1	69.69	126.45	105.12	82.07	90.47
Current Portion of Long-Term Debt	511.83	232.86	212	233.34	260.71	408.38
Current Portion of Leases	-	-	0.05	0.12	0.04	0.12
Current Income Taxes Payable	28.91	43.08	33.2	39.92	14.08	3.61
Current Unearned Revenue	8.2	3.8	1.71	0.66	0.24	1.03
Other Current Liabilities	313.8	378.73	325.64	53.11	41.04	40.02
Total Current Liabilities	2,033	1,854	1,806	1,394	1,129	1,229
Long-Term Debt	285.65	568.2	408	362	413.94	298.75
Long-Term Leases	-	-	-	0.05	-	0.04
Long-Term Unearned Revenue	13.54	10	11	12	13	2.28
Long-Term Deferred Tax Liabilities	102.94	103.34	92.14	70.76	62.6	53.66
Other Long-Term Liabilities	-	-	7.34	7.41	1.34	1.09
Total Liabilities	2,435	2,535	2,324	1,847	1,620	1,585
Common Stock	340	340	340	340	340	340
Additional Paid-In Capital	16.09	16.09	16.09	1.2	1.2	1.2
Retained Earnings	798.89	751.46	850.17	876.48	705.38	682.86
Total Common Equity	1,155	1,108	1,206	1,218	1,047	1,024
Minority Interest	897.76	849.83	813.15	823.27	774.08	731.46
Shareholders' Equity	2,053	1,957	2,019	2,041	1,821	1,756
Total Liabilities & Equity	4,488	4,492	4,344	3,888	3,441	3,340
Total Debt	797.48	801.06	620.05	595.51	674.69	707.29
Net Cash (Debt)	-171.55	-204.44	-28.62	-308.82	-375.53	-381.69
Net Cash Per Share	-0.50	-0.60	-0.08	-0.91	-1.10	-1.12
Filing Date Shares Outstanding	340.02	339.9	340	340	340	340
Total Common Shares Outstanding	340.02	339.9	340	340	340	340
Working Capital	1,174	1,368	1,349	1,366	1,266	1,095
Book Value Per Share	3.40	3.26	3.55	3.58	3.08	3.01
Tangible Book Value	1,127	1,079	1,178	1,193	1,024	1,005
Tangible Book Value Per Share	3.31	3.17	3.46	3.51	3.01	2.95
Buildings	-	-	633	629.13	606.25	596.47
Machinery	-	-	3,138	2,969	2,947	2,875
Construction In Progress	-	-	54.29	73.05	61.73	36.77

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