Gem-Year Industrial Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	551.64	526.82	154.61	114.82	292.18	43.77
Trading Asset Securities	313.96	251.38	210.88	149.23	179.54	730.28
Cash & Short-Term Investments	865.6	778.2	365.48	264.05	471.72	774.05
Cash Growth	34.53%	112.93%	38.41%	-44.02%	-39.06%	111.24%
Accounts Receivable	926.32	738.23	903.81	825.07	763.64	826.11
Other Receivables	3.95	151.11	161.45	0.37	0.6	0.54
Receivables	930.27	889.34	1,065	825.44	764.24	864.15
Inventory	1,261	1,410	1,379	1,723	1,777	1,379
Other Current Assets	80.63	124.43	146.4	119.39	250.33	204.53
Total Current Assets	3,137	3,202	2,956	2,932	3,263	3,221
Property, Plant & Equipment	1,175	1,261	1,375	1,482	1,259	931.55
Long-Term Investments	513.8	511.68	610.47	592.9	596.56	566.76
Goodwill	5.37	5.37	5.37	5.37	5.37	5.37
Other Intangible Assets	89.32	92.46	95.65	98.45	107.28	72.61
Long-Term Deferred Tax Assets	6.14	13.04	76.78	58.59	24.55	47.44
Long-Term Deferred Charges	0.35	0.62	0.76	0.66	-	-
Other Long-Term Assets	110.35	95.84	99.54	94.69	111.88	114.42
Total Assets	5,038	5,181	5,220	5,265	5,369	4,961
Accounts Payable	570.08	768.43	632.12	486.06	942.09	855.01
Accrued Expenses	26.64	110.25	135.19	112.84	119.32	51.92
Short-Term Debt	-	-	-	120.18	-	-
Current Portion of Long-Term Debt	-	-	1.45	3.45	-	-
Current Portion of Leases	-	-	-	-	9.56	-
Current Income Taxes Payable	21.89	2.15	0.04	0.79	0.35	18.81
Current Unearned Revenue	17.22	25.82	23.26	7.95	19.19	17.85
Other Current Liabilities	100.28	54.07	54.95	79.94	99.82	14.91
Total Current Liabilities	736.1	960.73	847.01	811.2	1,190	958.5
Long-Term Debt	-	-	150	150	-	-
Long-Term Unearned Revenue	27.37	31.34	45.19	22.43	26.06	29.69
Long-Term Deferred Tax Liabilities	15.12	4.37	7.39	-	-	-
Total Liabilities	778.6	996.43	1,050	983.62	1,216	988.19
Common Stock	954.44	954.44	956.74	959.27	959.28	951.23
Additional Paid-In Capital	1,664	1,664	1,668	1,676	1,676	1,651
Retained Earnings	1,556	1,489	1,454	1,569	1,454	1,287
Treasury Stock	-	-	-6.09	-12.81	-21.34	-
Comprehensive Income & Other	72.9	67.15	78.08	69.8	65.32	65.35
Total Common Equity	4,248	4,175	4,151	4,262	4,133	3,955
Minority Interest	10.73	9.96	18.75	19.33	19.08	18.6
Shareholders' Equity	4,259	4,185	4,170	4,281	4,153	3,973
Total Liabilities & Equity	5,038	5,181	5,220	5,265	5,369	4,961
Total Debt	-	-	151.45	273.63	9.56	-
Net Cash (Debt)	865.6	778.2	214.03	-9.58	462.16	774.05
Net Cash Growth	51.08%	263.59%	-	-	-40.29%	-
Net Cash Per Share	0.94	0.84	0.22	-0.01	0.47	0.86
Filing Date Shares Outstanding	954.44	954.44	956.74	959.27	959.28	951.23
Total Common Shares Outstanding	954.44	954.44	956.74	959.27	959.28	951.23
Working Capital	2,401	2,241	2,109	2,121	2,073	2,263
Book Value Per Share	4.45	4.37	4.34	4.44	4.31	4.16
Tangible Book Value	4,153	4,077	4,050	4,158	4,021	3,877
Tangible Book Value Per Share	4.35	4.27	4.23	4.33	4.19	4.08
Buildings	-	794.97	784.78	788.37	453.45	501.11
Machinery	-	2,780	2,749	2,792	2,489	2,469
Construction In Progress	-	15.64	48.03	22.92	346.17	18.42

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.