Guosheng Shian Technology 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	142.34	476.15	128.56	249.47	144.33
Trading Asset Securities	0.27	33.96	-	-	-
Cash & Short-Term Investments	142.61	510.11	128.56	249.47	144.33
Cash Growth	-72.04%	296.80%	-48.47%	72.84%	-62.58%
Accounts Receivable	371.04	649.89	530.66	440.07	613.04
Other Receivables	91.2	164.24	62.95	120.2	57.33
Receivables	462.25	814.13	593.61	560.27	670.37
Inventory	99.88	136.05	169.75	92.94	4.02
Other Current Assets	120.64	117.16	112.21	129.73	45.31
Total Current Assets	825.38	1,577	1,004	1,032	864.04
Property, Plant & Equipment	1,229	1,237	1,165	368.14	61.08
Long-Term Investments	72.95	282.85	274.86	250.1	271.89
Other Intangible Assets	160.82	166.2	117.78	117.9	152.6
Long-Term Accounts Receivable	-	413.39	424.3	512.91	457.19
Long-Term Deferred Tax Assets	84.13	62.79	52.86	7.77	0.24
Long-Term Deferred Charges	2.09	2.89	7.96	9.46	12.85
Other Long-Term Assets	417.85	60.91	185.63	90.04	6.59
Total Assets	2,793	3,804	3,233	2,389	1,826
Accounts Payable	1,119	1,041	291.64	173.37	15
Accrued Expenses	37.77	102.02	82.25	43.96	33.38
Short-Term Debt	178.42	127.79	89.14	52.91	-
Current Portion of Long-Term Debt	-	15.52	15.5	15.5	7.75
Current Portion of Leases	-	0.98	3.16	3.36	2.15
Current Income Taxes Payable	4.59	1.62	8.51	2	0.04
Current Unearned Revenue	153.93	12.07	45.63	19.86	156.53
Other Current Liabilities	354.93	999.22	1,158	679.79	212.58
Total Current Liabilities	1,849	2,300	1,694	990.77	427.42
Long-Term Debt	256.94	152.7	115.91	104.27	55.25
Long-Term Leases	8.87	8.01	7.73	3.74	4.21
Long-Term Unearned Revenue	64.22	64.6	27.4	44.46	32.47
Long-Term Deferred Tax Liabilities	9.22	14.86	17.96	1.27	-
Other Long-Term Liabilities	50.54	8.42	0.57	-	-
Total Liabilities	2,239	2,549	1,863	1,145	519.35
Common Stock	656.64	656.64	642.86	642.86	642.86
Additional Paid-In Capital	400.3	396.63	384.27	393.18	390.69
Retained Earnings	-721.15	-147.98	-42.45	26.43	188.61
Treasury Stock	-25.09	-41.59	-38	-43	-10
Comprehensive Income & Other	0.19	0.15	0.13	0.11	-0.01
Total Common Equity	310.89	863.85	946.81	1,020	1,212
Minority Interest	242.93	391.1	422.57	224.68	94.98
Shareholders' Equity	553.82	1,255	1,369	1,244	1,307
Total Liabilities & Equity	2,793	3,804	3,233	2,389	1,826
Total Debt	444.22	305	231.45	179.78	69.36
Net Cash (Debt)	-301.61	205.11	-102.89	69.69	74.98
Net Cash Growth	-	-	-	-7.05%	-75.47%
Net Cash Per Share	-0.46	0.31	-0.16	0.11	0.11
Filing Date Shares Outstanding	665.07	649.57	635.78	635.78	635.78
Total Common Shares Outstanding	665.07	649.57	635.78	635.78	635.78
Working Capital	-1,024	-722.96	-689.75	41.65	436.62
Book Value Per Share	0.47	1.33	1.49	1.60	1.91
Tangible Book Value	150.07	697.65	829.03	901.66	1,060
Tangible Book Value Per Share	0.23	1.07	1.30	1.42	1.67
Buildings	-	607.38	570.8	93.58	57.9
Machinery	-	493.23	504.96	77.11	17.56
Construction In Progress	-	262.11	132.27	214.88	-
Order Backlog	-	747.67	-	-	-

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