Guizhou Chitianhua 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	266.94	258.54	345.94	231.44	94.56	159.81
Cash & Short-Term Investments	266.94	258.54	345.94	231.44	94.56	159.81
Cash Growth	-31.18%	-25.26%	49.47%	144.76%	-40.83%	32.50%
Accounts Receivable	43.18	37.26	38.28	71.52	558.16	743.32
Other Receivables	3.5	3.91	66.33	55.99	93.26	126.8
Receivables	46.68	41.17	104.61	127.5	651.42	870.12
Inventory	238.28	305.68	356.15	308.39	371.06	422.05
Other Current Assets	142.22	114.74	158.95	107.74	186.77	77.82
Total Current Assets	694.13	720.13	965.65	775.06	1,304	1,530
Property, Plant & Equipment	2,517	2,556	2,687	2,769	2,550	2,356
Long-Term Investments	9.91	12.44	12.75	16.67	27.08	29.63
Goodwill	-	-	-	-	5.16	5.16
Other Intangible Assets	919.71	942.91	962.03	974.13	352.75	362.01
Long-Term Deferred Tax Assets	17.54	18.76	14.66	1.43	71.46	76.01
Long-Term Deferred Charges	8.97	10.2	8.18	9.69	15.86	19.82
Other Long-Term Assets	200.86	182.8	184.99	168.63	290.22	223.56
Total Assets	4,368	4,443	4,836	4,714	4,617	4,602
Accounts Payable	459.65	431.64	604.65	316.04	405.44	286.09
Accrued Expenses	104.26	108.81	106.95	105.02	98.95	96.19
Short-Term Debt	625.44	624.78	517.17	533.11	381.71	313.88
Current Portion of Long-Term Debt	51.92	56.84	96.94	40.74	45.75	89.8
Current Portion of Leases	-	-	3.5	-	0.02	-
Current Income Taxes Payable	9.34	5.17	3.82	3.82	3.82	3.82
Current Unearned Revenue	141.35	188.68	170.29	253.05	234.6	249.77
Other Current Liabilities	151.67	174.22	207.98	284.08	210	240
Total Current Liabilities	1,544	1,590	1,711	1,536	1,380	1,280
Long-Term Debt	468.31	468.31	483.21	494.59	408.11	122
Long-Term Leases	-	-	3.67	-	0.49	0.26
Long-Term Unearned Revenue	30.82	31.75	25.19	31.44	23.41	27.26
Long-Term Deferred Tax Liabilities	18.64	19.83	16.47	2.97	5.6	3.01
Other Long-Term Liabilities	63.49	62.77	50.94	-	-	0.04
Total Liabilities	2,125	2,173	2,291	2,065	1,818	1,432
Common Stock	1,689	1,689	1,689	1,693	1,693	1,693
Additional Paid-In Capital	2,563	2,563	2,563	2,558	2,584	2,584
Retained Earnings	-2,036	-2,008	-1,732	-1,645	-1,530	-1,164
Treasury Stock	-15.01	-15.01	-15.01	-	-	-
Comprehensive Income & Other	42.59	41.29	40.09	42.86	51.59	51.39
Total Common Equity	2,243	2,270	2,545	2,649	2,799	3,165
Minority Interest	-	-	-	-	0.01	4.92
Shareholders' Equity	2,243	2,270	2,545	2,649	2,799	3,170
Total Liabilities & Equity	4,368	4,443	4,836	4,714	4,617	4,602
Total Debt	1,146	1,150	1,104	1,068	836.08	525.94
Net Cash (Debt)	-878.72	-891.4	-758.55	-837.01	-741.52	-366.13
Net Cash Per Share	-0.52	-0.53	-0.45	-0.49	-0.44	-0.22
Filing Date Shares Outstanding	1,684	1,689	1,681	1,693	1,693	1,693
Total Common Shares Outstanding	1,684	1,689	1,681	1,693	1,693	1,693
Working Capital	-849.51	-870	-745.65	-760.8	-76.47	250.24
Book Value Per Share	1.33	1.34	1.51	1.56	1.65	1.87
Tangible Book Value	1,323	1,327	1,583	1,675	2,441	2,798
Tangible Book Value Per Share	0.79	0.79	0.94	0.99	1.44	1.65
Buildings	-	-	2,048	2,046	1,276	1,285
Machinery	-	-	3,408	3,327	3,197	3,206
Construction In Progress	-	-	76.88	43.15	747.08	394.6

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