GCH Technology 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	526.95	466.93	637.94	267.85	306.95	42.98
Short-Term Investments	604.8	1,130	499.4	-	-	-
Trading Asset Securities	72.02	92.52	-	115.57	231.07	22
Cash & Short-Term Investments	1,204	1,690	1,137	383.42	538.02	64.98
Cash Growth	67.95%	48.58%	196.63%	-28.73%	728.03%	-4.27%
Accounts Receivable	534.65	327.48	249.66	270.89	180.09	149.52
Other Receivables	9.5	5.97	5.51	6.45	4.09	3.43
Receivables	544.15	333.45	255.18	277.34	184.19	152.94
Inventory	72.01	72.85	70.87	62.98	50.1	34.68
Prepaid Expenses	-	-	-	11.88	-	-
Other Current Assets	167.12	111	85.18	27.72	18	17.9
Total Current Assets	1,987	2,207	1,549	763.34	790.3	270.5
Property, Plant & Equipment	383.42	408.77	297.02	177.48	124.86	88.2
Long-Term Investments	687.45	604.63	1,395	1,365	160.62	-
Goodwill	19.36	19.36	19.36	-	-	-
Other Intangible Assets	43.73	45.05	46.83	41.29	42.66	44.19
Long-Term Deferred Tax Assets	6.04	2.95	1.88	1.61	1.18	0.84
Long-Term Deferred Charges	7.22	0.36	1.99	3.7	3.51	4.72
Other Long-Term Assets	7.82	-	0.17	37.12	37.48	0.16
Total Assets	3,142	3,288	3,311	2,390	1,161	408.63
Accounts Payable	429.12	338.86	357.96	384.1	177.89	12.14
Accrued Expenses	0.87	37.25	31.1	19.15	14.5	15.42
Short-Term Debt	1,106	1,393	1,509	868.11	1.34	46.7
Current Portion of Leases	5	4.57	3.91	5.49	4.91	-
Current Income Taxes Payable	32.63	17.57	11.12	7.26	9.05	4.56
Current Unearned Revenue	7.42	3.98	2.94	9.99	7.25	5.47
Other Current Liabilities	55.76	99.21	110.39	31.32	27.03	13.4
Total Current Liabilities	1,637	1,894	2,026	1,325	241.96	97.69
Long-Term Leases	4.54	8.36	0.06	3.39	7.81	-
Long-Term Unearned Revenue	31.65	20.19	2.08	0.56	1.7	3.21
Long-Term Deferred Tax Liabilities	4.3	5.07	5.19	3.38	0.33	0.13
Total Liabilities	1,678	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	856.46	750.82	599.91	454.99	309.79	192.76
Treasury Stock	-100	-100	-23.82	-	-	-
Comprehensive Income & Other	23.77	25.71	16.7	9.87	6.85	5.96
Shareholders' Equity	1,464	1,361	1,277	1,057	908.8	307.59
Total Liabilities & Equity	3,142	3,288	3,311	2,390	1,161	408.63
Total Debt	1,116	1,405	1,513	876.99	14.06	46.7
Net Cash (Debt)	87.85	284.46	-375.46	-493.57	523.96	18.28
Net Cash Growth	-	-	-	-	2766.23%	-
Net Cash Per Share	0.38	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	349.87	313.24	-477.67	-562.07	548.34	172.81
Book Value Per Share	7.90	7.34	6.77	5.66	4.87	2.20
Tangible Book Value	1,401	1,296	1,211	1,016	866.14	263.4
Tangible Book Value Per Share	7.56	6.99	6.42	5.44	4.64	1.88
Buildings	-	309.29	91.29	71.86	71.86	71.86
Machinery	-	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.