Guosheng Shian Technology 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	75.2	142.34	476.15	128.56	249.47	144.33
Trading Asset Securities	0.31	0.27	33.96	-	-	-
Cash & Short-Term Investments	75.52	142.61	510.11	128.56	249.47	144.33
Cash Growth	-79.57%	-72.04%	296.80%	-48.47%	72.84%	-62.58%
Accounts Receivable	372.85	371.04	649.89	530.66	440.07	613.04
Other Receivables	115.49	104.08	164.24	62.95	120.2	57.33
Receivables	488.34	475.12	814.13	593.61	560.27	670.37
Inventory	47.37	99.88	136.05	169.75	92.94	4.02
Other Current Assets	124.97	107.77	117.16	112.21	129.73	45.31
Total Current Assets	736.2	825.38	1,577	1,004	1,032	864.04
Property, Plant & Equipment	1,210	1,229	1,237	1,165	368.14	61.08
Long-Term Investments	102.66	102.66	282.85	274.86	250.1	271.89
Other Intangible Assets	159.68	160.82	166.2	117.78	117.9	152.6
Long-Term Accounts Receivable	-	110	413.39	424.3	512.91	457.19
Long-Term Deferred Tax Assets	90.56	84.13	62.79	52.86	7.77	0.24
Long-Term Deferred Charges	1.86	2.09	2.89	7.96	9.46	12.85
Other Long-Term Assets	378.45	278.15	60.91	185.63	90.04	6.59
Total Assets	2,679	2,793	3,804	3,233	2,389	1,826
Accounts Payable	999.73	577.48	1,041	291.64	173.37	15
Accrued Expenses	39.11	110.56	102.02	82.25	43.96	33.38
Short-Term Debt	206.89	178.42	127.79	89.14	52.91	-
Current Portion of Long-Term Debt	35.66	25.12	15.52	15.5	15.5	7.75
Current Portion of Leases	-	1.93	0.98	3.16	3.36	2.15
Current Income Taxes Payable	8.77	0.02	1.62	8.51	2	0.04
Current Unearned Revenue	118.97	153.93	12.07	45.63	19.86	156.53
Other Current Liabilities	376.96	801.46	999.22	1,158	679.79	212.58
Total Current Liabilities	1,786	1,849	2,300	1,694	990.77	427.42
Long-Term Debt	155.23	256.94	152.7	115.91	104.27	55.25
Long-Term Leases	3.16	8.87	8.01	7.73	3.74	4.21
Long-Term Unearned Revenue	62.62	64.22	64.6	27.4	44.46	32.47
Long-Term Deferred Tax Liabilities	8.89	9.22	14.86	17.96	1.27	-
Other Long-Term Liabilities	153.51	50.54	8.42	0.57	-	-
Total Liabilities	2,170	2,239	2,549	1,863	1,145	519.35
Common Stock	660.04	656.64	656.64	642.86	642.86	642.86
Additional Paid-In Capital	405.92	400.3	396.63	384.27	393.18	390.69
Retained Earnings	-755.98	-721.15	-147.98	-42.45	26.43	188.61
Treasury Stock	-27.88	-25.09	-41.59	-38	-43	-10
Comprehensive Income & Other	0.19	0.19	0.15	0.13	0.11	-0.01
Total Common Equity	282.29	310.89	863.85	946.81	1,020	1,212
Minority Interest	227.29	242.93	391.1	422.57	224.68	94.98
Shareholders' Equity	509.58	553.82	1,255	1,369	1,244	1,307
Total Liabilities & Equity	2,679	2,793	3,804	3,233	2,389	1,826
Total Debt	400.93	471.28	305	231.45	179.78	69.36
Net Cash (Debt)	-325.42	-328.67	205.11	-102.89	69.69	74.98
Net Cash Growth	-	-	-	-	-7.05%	-75.47%
Net Cash Per Share	-0.49	-0.50	0.31	-0.16	0.11	0.11
Filing Date Shares Outstanding	696.7	665.07	649.57	635.78	635.78	635.78
Total Common Shares Outstanding	696.7	665.07	649.57	635.78	635.78	635.78
Working Capital	-1,050	-1,024	-722.96	-689.75	41.65	436.62
Book Value Per Share	0.41	0.47	1.33	1.49	1.60	1.91
Tangible Book Value	122.61	150.07	697.65	829.03	901.66	1,060
Tangible Book Value Per Share	0.18	0.23	1.07	1.30	1.42	1.67
Buildings	-	698.73	607.38	570.8	93.58	57.9
Machinery	-	467.08	493.23	504.96	77.11	17.56
Construction In Progress	-	258.98	262.11	132.27	214.88	-
Order Backlog	-	96.14	-	-	-	-

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