Gem-Year Industrial 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	616.45	526.82	154.61	114.82	292.18
Trading Asset Securities	348.77	251.38	210.88	149.23	179.54
Cash & Short-Term Investments	965.22	778.2	365.48	264.05	471.72
Cash Growth	24.03%	112.93%	38.41%	-44.02%	-39.06%
Accounts Receivable	1,035	738.23	903.81	825.07	763.64
Other Receivables	16.17	151.11	161.45	0.37	0.6
Receivables	1,051	889.34	1,065	825.44	764.24
Inventory	1,250	1,410	1,379	1,723	1,777
Other Current Assets	75.13	124.43	146.4	119.39	250.33
Total Current Assets	3,342	3,202	2,956	2,932	3,263
Property, Plant & Equipment	1,144	1,261	1,375	1,482	1,259
Long-Term Investments	509.2	511.68	610.47	592.9	596.56
Goodwill	5.37	5.37	5.37	5.37	5.37
Other Intangible Assets	88.31	92.46	95.65	98.45	107.28
Long-Term Deferred Tax Assets	7.03	13.04	76.78	58.59	24.55
Long-Term Deferred Charges	0.19	0.62	0.76	0.66	-
Other Long-Term Assets	159.94	95.84	99.54	94.69	111.88
Total Assets	5,256	5,181	5,220	5,265	5,369
Accounts Payable	690.87	768.43	632.12	486.06	942.09
Accrued Expenses	38.18	110.25	135.19	112.84	119.32
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	27.55	2.15	0.04	0.79	0.35
Current Unearned Revenue	12.31	25.82	23.26	7.95	19.19
Other Current Liabilities	100.26	54.07	54.95	79.94	99.82
Total Current Liabilities	869.17	960.73	847.01	811.2	1,190
Long-Term Debt	-	-	150	150	-
Long-Term Unearned Revenue	26.05	31.34	45.19	22.43	26.06
Long-Term Deferred Tax Liabilities	20.74	4.37	7.39	-	-
Total Liabilities	915.96	996.43	1,050	983.62	1,216
Common Stock	954.44	954.44	956.74	959.27	959.28
Additional Paid-In Capital	1,664	1,664	1,668	1,676	1,676
Retained Earnings	1,638	1,489	1,454	1,569	1,454
Treasury Stock	-	-	-6.09	-12.81	-21.34
Comprehensive Income & Other	72.59	67.15	78.08	69.8	65.32
Total Common Equity	4,330	4,175	4,151	4,262	4,133
Minority Interest	10.72	9.96	18.75	19.33	19.08
Shareholders' Equity	4,340	4,185	4,170	4,281	4,153
Total Liabilities & Equity	5,256	5,181	5,220	5,265	5,369
Total Debt	-	-	151.45	273.63	9.56
Net Cash (Debt)	965.22	778.2	214.03	-9.58	462.16
Net Cash Growth	24.03%	263.59%	-	-	-40.29%
Net Cash Per Share	1.00	0.84	0.22	-0.01	0.47
Filing Date Shares Outstanding	1,020	954.44	956.74	959.27	959.28
Total Common Shares Outstanding	1,020	954.44	956.74	959.27	959.28
Working Capital	2,473	2,241	2,109	2,121	2,073
Book Value Per Share	4.25	4.37	4.34	4.44	4.31
Tangible Book Value	4,236	4,077	4,050	4,158	4,021
Tangible Book Value Per Share	4.15	4.27	4.23	4.33	4.19
Buildings	-	794.97	784.78	788.37	453.45
Machinery	-	2,780	2,749	2,792	2,489
Construction In Progress	-	15.64	48.03	22.92	346.17

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.