Glarun Technology Co.,Ltd 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	1,544	1,760	1,130	1,564	1,095	1,170
Short-Term Investments	-	-	-	-	162.32	-
Cash & Short-Term Investments	1,544	1,760	1,130	1,564	1,257	1,170
Cash Growth	77.20%	55.72%	-27.71%	24.39%	7.47%	-0.11%
Accounts Receivable	5,628	5,692	5,121	4,058	3,676	2,561
Other Receivables	33.55	29.86	33.77	60.22	28.07	33.87
Receivables	5,662	5,722	5,154	4,118	3,704	2,594
Inventory	2,012	1,817	1,780	2,079	2,003	2,178
Other Current Assets	88.78	97.03	68.47	85.09	81.66	131.6
Total Current Assets	9,307	9,396	8,133	7,846	7,046	6,074
Property, Plant & Equipment	203.5	211.42	232.14	228.68	225.49	234.39
Long-Term Investments	541.51	541.51	545.98	547.68	576.6	578.19
Other Intangible Assets	83.68	87.56	57.46	30.53	26.44	30.46
Long-Term Deferred Tax Assets	84.77	84.84	83.75	65.56	48.23	38.28
Long-Term Deferred Charges	25.89	22.45	32.6	30.22	18.26	0.68
Other Long-Term Assets	197.96	201.06	212.78	222.94	246.64	257.41
Total Assets	10,444	10,545	9,298	8,972	8,187	7,213
Accounts Payable	2,690	2,693	2,252	2,497	2,132	1,524
Accrued Expenses	14.14	18.02	139.68	67.87	78.99	57.09
Short-Term Debt	159.61	159.62	175.32	129.13	23.02	150.08
Current Portion of Long-Term Debt	8.45	8.36	-	-	-	-
Current Portion of Leases	-	-	9.04	5.55	6.53	14.58
Current Income Taxes Payable	53.47	89.59	46.45	31.59	16.8	4.05
Current Unearned Revenue	315.32	405.9	456.61	519.29	619.78	590.39
Other Current Liabilities	70.73	116.25	104.36	99.55	101.88	93.31
Total Current Liabilities	3,312	3,491	3,183	3,350	2,979	2,433
Long-Term Leases	14.3	13.72	25.01	8.34	10.91	10.03
Long-Term Unearned Revenue	45.52	41.5	31.27	27.8	30.45	24.97
Long-Term Deferred Tax Liabilities	7.51	7.85	9.37	9.26	10.04	9.51
Other Long-Term Liabilities	29.36	29.71	16.23	3.84	34.07	12.71
Total Liabilities	3,408	3,584	3,265	3,399	3,064	2,491
Common Stock	1,242	1,242	1,242	1,242	1,242	1,242
Additional Paid-In Capital	2,119	2,119	1,805	1,805	1,805	1,805
Retained Earnings	3,325	3,248	2,935	2,485	2,046	1,655
Comprehensive Income & Other	35.74	36.97	27.13	18.77	13.94	11.09
Total Common Equity	6,722	6,646	6,009	5,551	5,106	4,713
Minority Interest	314.04	315.26	24.03	21.62	17.03	9.53
Shareholders' Equity	7,036	6,961	6,033	5,572	5,123	4,723
Total Liabilities & Equity	10,444	10,545	9,298	8,972	8,187	7,213
Total Debt	182.36	181.7	209.37	143.02	40.46	174.69
Net Cash (Debt)	1,362	1,578	920.91	1,421	1,217	994.89
Net Cash Growth	89.28%	71.40%	-35.17%	16.77%	22.28%	-15.03%
Net Cash Per Share	1.10	1.28	0.75	1.14	0.97	0.79
Filing Date Shares Outstanding	1,286	1,204	1,242	1,242	1,242	1,242
Total Common Shares Outstanding	1,286	1,204	1,242	1,242	1,242	1,242
Working Capital	5,995	5,905	4,950	4,496	4,067	3,640
Book Value Per Share	5.22	5.52	4.84	4.47	4.11	3.80
Tangible Book Value	6,638	6,558	5,951	5,520	5,080	4,683
Tangible Book Value Per Share	5.16	5.45	4.79	4.45	4.09	3.77
Buildings	-	-	210.26	210.26	192.97	189.84
Machinery	-	-	309.61	302.43	313.99	309.36

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