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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	421.5	466.93	637.94	267.85	306.95	42.98
Short-Term Investments	-	1,130	499.4	-	-	-
Trading Asset Securities	103.63	92.52	-	115.57	231.07	22
Cash & Short-Term Investments	525.13	1,690	1,137	383.42	538.02	64.98
Cash Growth	47.23%	48.58%	196.63%	-28.73%	728.03%	-4.27%
Accounts Receivable	269.95	327.48	249.66	270.89	180.09	149.52
Other Receivables	117.93	5.97	5.51	6.45	4.09	3.43
Receivables	387.89	333.45	255.18	277.34	184.19	152.94
Inventory	83.53	72.85	70.87	62.98	50.1	34.68
Prepaid Expenses	-	-	-	11.88	-	-
Other Current Assets	1,255	111	85.18	27.72	18	17.9
Total Current Assets	2,252	2,207	1,549	763.34	790.3	270.5
Property, Plant & Equipment	400.06	408.77	297.02	177.48	124.86	88.2
Long-Term Investments	633.33	604.63	1,395	1,365	160.62	-
Goodwill	19.36	19.36	19.36	-	-	-
Other Intangible Assets	44.61	45.05	46.83	41.29	42.66	44.19
Long-Term Deferred Tax Assets	3.93	2.95	1.88	1.61	1.18	0.84
Long-Term Deferred Charges	8.23	0.36	1.99	3.7	3.51	4.72
Other Long-Term Assets	0.15	-	0.17	37.12	37.48	0.16
Total Assets	3,361	3,288	3,311	2,390	1,161	408.63
Accounts Payable	454.11	338.86	357.96	384.1	177.89	12.14
Accrued Expenses	5.87	37.25	31.1	19.15	14.5	15.42
Short-Term Debt	1,363	1,393	1,509	868.11	1.34	46.7
Current Portion of Leases	4.92	4.57	3.91	5.49	4.91	-
Current Income Taxes Payable	26.59	17.57	11.12	7.26	9.05	4.56
Current Unearned Revenue	17.59	3.98	2.94	9.99	7.25	5.47
Other Current Liabilities	71.05	99.21	110.39	31.32	27.03	13.4
Total Current Liabilities	1,943	1,894	2,026	1,325	241.96	97.69
Long-Term Leases	6.96	8.36	0.06	3.39	7.81	-
Long-Term Unearned Revenue	21.33	20.19	2.08	0.56	1.7	3.21
Long-Term Deferred Tax Liabilities	4.44	5.07	5.19	3.38	0.33	0.13
Total Liabilities	1,976	1,928	2,034	1,333	251.81	101.03
Common Stock	135.33	135.33	135.33	133.33	133.33	100
Additional Paid-In Capital	548.87	548.87	548.87	458.83	458.83	8.87
Retained Earnings	775.92	750.82	599.91	454.99	309.79	192.76
Treasury Stock	-100	-100	-23.82	-	-	-
Comprehensive Income & Other	25.73	25.71	16.7	9.87	6.85	5.96
Shareholders' Equity	1,386	1,361	1,277	1,057	908.8	307.59
Total Liabilities & Equity	3,361	3,288	3,311	2,390	1,161	408.63
Total Debt	1,375	1,405	1,513	876.99	14.06	46.7
Net Cash (Debt)	-849.47	284.46	-375.46	-493.57	523.96	18.28
Net Cash Growth	-	-	-	-	2766.23%	-
Net Cash Per Share	-4.48	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	308.91	313.24	-477.67	-562.07	548.34	172.81
Book Value Per Share	7.47	7.34	6.77	5.66	4.87	2.20
Tangible Book Value	1,322	1,296	1,211	1,016	866.14	263.4
Tangible Book Value Per Share	7.13	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.