Guosheng Shian Technology Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	54.45	142.34	476.15	128.56	249.47	144.33
Trading Asset Securities	0.42	0.27	33.96	-	-	-
Cash & Short-Term Investments	54.88	142.61	510.11	128.56	249.47	144.33
Cash Growth	-74.93%	-72.04%	296.80%	-48.47%	72.84%	-62.58%
Accounts Receivable	388.21	371.04	649.89	530.66	440.07	613.04
Other Receivables	59.07	104.08	164.24	62.95	120.2	57.33
Receivables	447.28	475.12	814.13	593.61	560.27	670.37
Inventory	29.8	99.88	136.05	169.75	92.94	4.02
Prepaid Expenses	6	-	-	-	-	-
Other Current Assets	185.3	107.77	117.16	112.21	129.73	45.31
Total Current Assets	723.25	825.38	1,577	1,004	1,032	864.04
Property, Plant & Equipment	1,204	1,229	1,237	1,165	368.14	61.08
Long-Term Investments	22.66	102.66	282.85	274.86	250.1	271.89
Other Intangible Assets	158.3	160.82	166.2	117.78	117.9	152.6
Long-Term Accounts Receivable	324.08	110	413.39	424.3	512.91	457.19
Long-Term Deferred Tax Assets	68.85	84.13	62.79	52.86	7.77	0.24
Long-Term Deferred Charges	1.65	2.09	2.89	7.96	9.46	12.85
Other Long-Term Assets	48.24	278.15	60.91	185.63	90.04	6.59
Total Assets	2,551	2,793	3,804	3,233	2,389	1,826

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	650.96	577.48	1,041	291.64	173.37	15
Accrued Expenses	176.11	110.56	102.02	82.25	43.96	33.38
Short-Term Debt	241.68	178.42	127.79	89.14	52.91	-
Current Portion of Long-Term Debt	73.97	25.12	15.52	15.5	15.5	7.75
Current Portion of Leases	1.99	1.93	0.98	3.16	3.36	2.15
Current Income Taxes Payable	0.03	0.02	1.62	8.51	2	0.04
Current Unearned Revenue	30.71	153.93	12.07	45.63	19.86	156.53
Other Current Liabilities	652.51	801.46	999.22	1,158	679.79	212.58
Total Current Liabilities	1,828	1,849	2,300	1,694	990.77	427.42
Long-Term Debt	169.2	256.94	152.7	115.91	104.27	55.25
Long-Term Leases	40.59	8.87	8.01	7.73	3.74	4.21
Long-Term Unearned Revenue	61.03	64.22	64.6	27.4	44.46	32.47
Long-Term Deferred Tax Liabilities	8.77	9.22	14.86	17.96	1.27	-
Other Long-Term Liabilities	4.76	50.54	8.42	0.57	-	-
Total Liabilities	2,112	2,239	2,549	1,863	1,145	519.35

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	660.04	656.64	656.64	642.86	642.86	642.86
Additional Paid-In Capital	408.73	400.3	396.63	384.27	393.18	390.69
Retained Earnings	-807.49	-721.15	-147.98	-42.45	26.43	188.61
Treasury Stock	-27.88	-25.09	-41.59	-38	-43	-10
Comprehensive Income & Other	0.22	0.19	0.15	0.13	0.11	-0.01
Total Common Equity	233.62	310.89	863.85	946.81	1,020	1,212
Minority Interest	204.98	242.93	391.1	422.57	224.68	94.98
Shareholders' Equity	438.61	553.82	1,255	1,369	1,244	1,307
Total Liabilities & Equity	2,551	2,793	3,804	3,233	2,389	1,826

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	527.43	471.28	305	231.45	179.78	69.36
Net Cash (Debt)	-472.55	-328.67	205.11	-102.89	69.69	74.98
Net Cash Growth	-	-	-	-	-7.05%	-75.47%
Net Cash Per Share	-0.71	-0.50	0.31	-0.16	0.11	0.11
Filing Date Shares Outstanding	631.69	665.07	649.57	635.78	635.78	635.78
Total Common Shares Outstanding	631.69	665.07	649.57	635.78	635.78	635.78
Working Capital	-1,105	-1,024	-722.96	-689.75	41.65	436.62
Book Value Per Share	0.37	0.47	1.33	1.49	1.60	1.91
Tangible Book Value	75.32	150.07	697.65	829.03	901.66	1,060
Tangible Book Value Per Share	0.12	0.23	1.07	1.30	1.42	1.67
Buildings	720.1	698.73	607.38	570.8	93.58	57.9
Machinery	459.63	467.08	493.23	504.96	77.11	17.56
Construction In Progress	262.81	258.98	262.11	132.27	214.88	-
Order Backlog	-	96.14	-	-	-	-