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 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	718.18	616.56	526.82	154.61	114.82	292.18
Trading Asset Securities	503.7	348.77	251.38	210.88	149.23	179.54
Cash & Short-Term Investments	1,222	965.33	778.2	365.48	264.05	471.72
Cash Growth	56.84%	24.05%	112.93%	38.41%	-44.02%	-39.06%
Accounts Receivable	798.94	1,035	888.95	903.81	825.07	763.64
Other Receivables	12.71	0.07	0.4	161.45	0.37	0.6
Receivables	811.65	1,035	889.34	1,065	825.44	764.24
Inventory	1,292	1,250	1,410	1,379	1,723	1,777
Other Current Assets	176.23	91.12	124.43	146.4	119.39	250.33
Total Current Assets	3,502	3,342	3,202	2,956	2,932	3,263
Property, Plant & Equipment	1,120	1,144	1,261	1,375	1,482	1,259
Long-Term Investments	511.81	509.2	511.68	610.47	592.9	596.56
Goodwill	5.37	5.37	5.37	5.37	5.37	5.37
Other Intangible Assets	87.3	88.31	92.46	95.65	98.45	107.28
Long-Term Deferred Tax Assets	7.56	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	159.12	159.94	95.84	99.54	94.69	111.88
Total Assets	5,392	5,256	5,181	5,220	5,265	5,369
Accounts Payable	781.32	611.89	768.43	632.12	486.06	942.09
Accrued Expenses	32.25	131.13	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	20.2	6.54	2.15	0.04	0.79	0.35
Current Unearned Revenue	16.46	13	25.82	23.26	7.95	19.19
Other Current Liabilities	91.45	106.6	54.07	54.95	79.94	99.82
Total Current Liabilities	941.67	869.17	960.73	847.01	811.2	1,190
Long-Term Debt	-	-	-	150	150	-
Long-Term Unearned Revenue	24.73	26.05	31.34	45.19	22.43	26.06
Long-Term Deferred Tax Liabilities	23.27	20.74	4.37	7.39	-	-
Total Liabilities	989.67	915.96	996.43	1,050	983.62	1,216
Common Stock	954.44	954.44	954.44	956.74	959.27	959.28
Additional Paid-In Capital	1,664	1,664	1,664	1,668	1,676	1,676
Retained Earnings	1,710	1,638	1,489	1,454	1,569	1,454
Treasury Stock	-	-	-	-6.09	-12.81	-21.34
Comprehensive Income & Other	62.63	72.59	67.15	78.08	69.8	65.32
Total Common Equity	4,392	4,330	4,175	4,151	4,262	4,133
Minority Interest	10.95	10.72	9.96	18.75	19.33	19.08
Shareholders' Equity	4,403	4,340	4,185	4,170	4,281	4,153
Total Liabilities & Equity	5,392	5,256	5,181	5,220	5,265	5,369
Total Debt	-	-	-	151.45	273.63	9.56
Net Cash (Debt)	1,222	965.33	778.2	214.03	-9.58	462.16
Net Cash Growth	56.84%	24.05%	263.59%	-	-	-40.29%
Net Cash Per Share	1.26	1.00	0.84	0.22	-0.01	0.47
Filing Date Shares Outstanding	960.11	954.44	954.44	956.74	959.27	959.28
Total Common Shares Outstanding	960.11	954.44	954.44	956.74	959.27	959.28
Working Capital	2,560	2,473	2,241	2,109	2,121	2,073
Book Value Per Share	4.57	4.54	4.37	4.34	4.44	4.31
Tangible Book Value	4,299	4,236	4,077	4,050	4,158	4,021
Tangible Book Value Per Share	4.48	4.44	4.27	4.23	4.33	4.19
Buildings	-	798.39	794.97	784.78	788.37	453.45
Machinery	-	2,817	2,780	2,749	2,792	2,489
Construction In Progress	-	3.1	15.64	48.03	22.92	346.17

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