GCH Technology Co., Ltd. (SHA:688625)

GCH Technology Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	398.12	466.93	637.94	267.85	306.95	42.98
Short-Term Investments	528.33	1,130	499.4	-	-	-
Trading Asset Securities	71.51	92.52	-	115.57	231.07	22
Cash & Short-Term Investments	997.96	1,690	1,137	383.42	538.02	64.98
Cash Growth	85.64%	48.58%	196.63%	-28.73%	728.03%	-4.27%
Accounts Receivable	405.37	327.48	249.66	270.89	180.09	149.52
Other Receivables	6.27	5.97	5.51	6.45	4.09	3.43
Receivables	411.64	333.45	255.18	277.34	184.19	152.94
Inventory	92.25	72.85	70.87	62.98	50.1	34.68
Prepaid Expenses	-	-	-	11.88	-	-
Other Current Assets	122.34	111	85.18	27.72	18	17.9
Total Current Assets	1,624	2,207	1,549	763.34	790.3	270.5
Property, Plant & Equipment	391.42	408.77	297.02	177.48	124.86	88.2
Long-Term Investments	736.59	604.63	1,395	1,365	160.62	-
Goodwill	19.36	19.36	19.36	-	-	-
Other Intangible Assets	44.16	45.05	46.83	41.29	42.66	44.19
Long-Term Deferred Tax Assets	5.91	2.95	1.88	1.61	1.18	0.84
Long-Term Deferred Charges	7.68	0.36	1.99	3.7	3.51	4.72
Other Long-Term Assets	1.77	-	0.17	37.12	37.48	0.16
Total Assets	2,831	3,288	3,311	2,390	1,161	408.63
Accounts Payable	356.83	338.86	357.96	384.1	177.89	12.14
Accrued Expenses	11.93	37.25	31.1	19.15	14.5	15.42
Short-Term Debt	916.44	1,393	1,509	868.11	1.34	46.7
Current Portion of Leases	4.98	4.57	3.91	5.49	4.91	-
Current Income Taxes Payable	24.46	17.57	11.12	7.26	9.05	4.56
Current Unearned Revenue	5.08	3.98	2.94	9.99	7.25	5.47
Other Current Liabilities	53.92	99.21	110.39	31.32	27.03	13.4
Total Current Liabilities	1,374	1,894	2,026	1,325	241.96	97.69
Long-Term Leases	5.7	8.36	0.06	3.39	7.81	-
Long-Term Unearned Revenue	20.32	20.19	2.08	0.56	1.7	3.21
Long-Term Deferred Tax Liabilities	4.35	5.07	5.19	3.38	0.33	0.13
Total Liabilities	1,404	1,928	2,034	1,333	251.81	101.03
Common Stock	188.32	135.33	135.33	133.33	133.33	100
Additional Paid-In Capital	495.88	548.87	548.87	458.83	458.83	8.87
Retained Earnings	818.58	750.82	599.91	454.99	309.79	192.76
Treasury Stock	-100	-100	-23.82	-	-	-
Comprehensive Income & Other	24.31	25.71	16.7	9.87	6.85	5.96
Shareholders' Equity	1,427	1,361	1,277	1,057	908.8	307.59
Total Liabilities & Equity	2,831	3,288	3,311	2,390	1,161	408.63
Total Debt	927.12	1,405	1,513	876.99	14.06	46.7
Net Cash (Debt)	70.84	284.46	-375.46	-493.57	523.96	18.28
Net Cash Growth	-	-	-	-	2766.23%	-
Net Cash Per Share	0.33	1.50	-1.99	-2.64	3.22	0.13
Filing Date Shares Outstanding	185.48	185.48	188.57	186.67	186.67	140
Total Common Shares Outstanding	185.48	185.48	188.57	186.67	186.67	140
Working Capital	250.56	313.24	-477.67	-562.07	548.34	172.81
Book Value Per Share	7.69	7.34	6.77	5.66	4.87	2.20
Tangible Book Value	1,364	1,296	1,211	1,016	866.14	263.4
Tangible Book Value Per Share	7.35	6.99	6.42	5.44	4.64	1.88
Buildings	309.29	309.29	91.29	71.86	71.86	71.86
Machinery	182.5	182.16	140.52	98.71	60.42	54.33
Construction In Progress	-	-	139.82	55.13	28.91	2.1

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