Jiangxi Guotai Group Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	555.78	936.48	1,150	951.12	451.85	523.21
Short-Term Investments	-	275.98	152.3	-	-	-
Trading Asset Securities	-	-	-	157.93	230.16	74.18
Cash & Short-Term Investments	555.78	1,212	1,302	1,109	682.01	597.38
Cash Growth	-25.35%	-6.88%	17.40%	62.61%	14.17%	48.59%
Accounts Receivable	1,072	980.82	847.96	700.61	655.74	455.22
Other Receivables	46.66	70.63	72.63	81.54	63.22	30.51
Receivables	1,119	1,051	920.59	782.15	718.96	485.72
Inventory	430.25	297.49	283.42	231.9	185.99	140.39
Prepaid Expenses	-	0.27	-	0	-	-
Other Current Assets	871.15	39.89	40.79	28.83	26.99	37.88
Total Current Assets	2,976	2,602	2,547	2,152	1,614	1,261
Property, Plant & Equipment	1,996	1,764	1,502	1,457	1,307	1,078
Long-Term Investments	126.42	139.62	144.09	149.01	146.73	21.12
Goodwill	495.23	495.23	609.88	609.88	730.38	730.38
Other Intangible Assets	426.07	433.78	358.33	361.32	376.16	383.08
Long-Term Deferred Tax Assets	67.09	61.77	52.81	46.21	44.37	39.99
Long-Term Deferred Charges	34.5	32.12	26.19	29.61	31.4	45.13
Other Long-Term Assets	89.35	158.73	166.02	141.69	125.46	162.42
Total Assets	6,210	5,687	5,406	4,946	4,376	3,721
Accounts Payable	439.81	455.26	369.33	520.55	419.34	169.69
Accrued Expenses	62.52	123.73	103.77	100.27	103.47	86.58
Short-Term Debt	1,050	745.91	984.95	818.34	279.15	121.1
Current Portion of Long-Term Debt	61.48	50	0.11	0.43	30.43	10.43
Current Portion of Leases	-	4.78	2.81	2.56	0.92	-
Current Income Taxes Payable	43.46	22.03	22.4	24.43	30.41	30.11
Current Unearned Revenue	43.64	28.51	38.3	17.27	23.73	19.18
Other Current Liabilities	151.64	183.05	123.55	102.99	106.6	95.43
Total Current Liabilities	1,852	1,613	1,645	1,587	994.04	532.53
Long-Term Debt	527.76	334.89	135	0.11	260.07	530.75
Long-Term Leases	11.44	10.8	6.1	9.94	4.05	-
Long-Term Unearned Revenue	22.42	25.87	27.43	29.55	30.37	31.48
Long-Term Deferred Tax Liabilities	16.13	17.13	16.17	16.81	16.39	17.19
Other Long-Term Liabilities	1.52	1.66	2.45	1.65	2.04	4.29
Total Liabilities	2,432	2,004	1,832	1,645	1,307	1,116
Common Stock	621.24	621.24	621.24	621.24	583.24	551.58
Additional Paid-In Capital	1,316	1,324	1,324	1,318	1,136	902.55
Retained Earnings	1,371	1,237	1,149	893.37	825.68	650.68
Comprehensive Income & Other	38.95	31.76	24.93	25.26	49.87	84.06
Total Common Equity	3,347	3,214	3,119	2,858	2,595	2,189
Minority Interest	431.03	469.19	454.67	443.42	473.45	416
Shareholders' Equity	3,778	3,683	3,574	3,301	3,069	2,605
Total Liabilities & Equity	6,210	5,687	5,406	4,946	4,376	3,721
Total Debt	1,650	1,146	1,129	831.38	574.62	662.28
Net Cash (Debt)	-1,095	66.07	173.11	277.68	107.4	-64.9
Net Cash Growth	-	-61.83%	-37.66%	158.55%	-	-
Net Cash Per Share	-1.78	0.11	0.28	0.46	0.19	-0.11
Filing Date Shares Outstanding	621.24	621.24	621.24	621.24	583.24	551.58
Total Common Shares Outstanding	621.24	621.24	621.24	621.24	583.24	551.58
Working Capital	1,123	988.28	901.67	565.09	619.91	728.85
Book Value Per Share	5.39	5.17	5.02	4.60	4.45	3.97
Tangible Book Value	2,426	2,285	2,151	1,887	1,489	1,075
Tangible Book Value Per Share	3.91	3.68	3.46	3.04	2.55	1.95
Buildings	-	1,136	927.83	841.52	822.08	814.24
Machinery	-	1,030	493.22	466.29	444.17	421.78
Construction In Progress	-	164.4	567.98	575.44	417.6	187.48

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.