GCH 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	-	466.93	637.94	267.85	306.95
Short-Term Investments	-	1,130	499.4	-	-
Trading Asset Securities	-	92.52	-	115.57	231.07
Cash & Short-Term Investments	1,204	1,690	1,137	383.42	538.02
Cash Growth	-28.77%	48.58%	196.63%	-28.73%	728.03%
Accounts Receivable	-	327.48	249.66	270.89	180.09
Other Receivables	-	5.97	5.51	6.45	4.09
Receivables	-	333.45	255.18	277.34	184.19
Inventory	-	72.85	70.87	62.98	50.1
Prepaid Expenses	-	-	-	11.88	-
Other Current Assets	-	111	85.18	27.72	18
Total Current Assets	-	2,207	1,549	763.34	790.3
Property, Plant & Equipment	-	408.77	297.02	177.48	124.86
Long-Term Investments	-	604.63	1,395	1,365	160.62
Goodwill	-	19.36	19.36	-	-
Other Intangible Assets	-	45.05	46.83	41.29	42.66
Long-Term Deferred Tax Assets	-	2.95	1.88	1.61	1.18
Long-Term Deferred Charges	-	0.36	1.99	3.7	3.51
Other Long-Term Assets	-	-	0.17	37.12	37.48
Total Assets	-	3,288	3,311	2,390	1,161
Accounts Payable	-	338.86	357.96	384.1	177.89
Accrued Expenses	-	37.25	31.1	19.15	14.5
Short-Term Debt	-	1,393	1,509	868.11	1.34
Current Portion of Leases	-	4.57	3.91	5.49	4.91
Current Income Taxes Payable	-	17.57	11.12	7.26	9.05
Current Unearned Revenue	-	3.98	2.94	9.99	7.25
Other Current Liabilities	-	99.21	110.39	31.32	27.03
Total Current Liabilities	-	1,894	2,026	1,325	241.96
Long-Term Leases	-	8.36	0.06	3.39	7.81
Long-Term Unearned Revenue	-	20.19	2.08	0.56	1.7
Long-Term Deferred Tax Liabilities	-	5.07	5.19	3.38	0.33
Total Liabilities	-	1,928	2,034	1,333	251.81
Common Stock	-	135.33	135.33	133.33	133.33
Additional Paid-In Capital	-	548.87	548.87	458.83	458.83
Retained Earnings	-	750.82	599.91	454.99	309.79
Treasury Stock	-	-100	-23.82	-	-
Comprehensive Income & Other	-	25.71	16.7	9.87	6.85
Shareholders' Equity	1,464	1,361	1,277	1,057	908.8
Total Liabilities & Equity	-	3,288	3,311	2,390	1,161
Total Debt	1,116	1,405	1,513	876.99	14.06
Net Cash (Debt)	87.85	284.46	-375.46	-493.57	523.96
Net Cash Growth	-69.12%	-	-	-	2766.23%
Net Cash Per Share	0.47	1.50	-1.99	-2.64	3.22
Filing Date Shares Outstanding	186.22	185.48	188.57	186.67	186.67
Total Common Shares Outstanding	185.48	185.48	188.57	186.67	186.67
Working Capital	-	313.24	-477.67	-562.07	548.34
Book Value Per Share	7.90	7.34	6.77	5.66	4.87
Tangible Book Value	1,401	1,296	1,211	1,016	866.14
Tangible Book Value Per Share	7.56	6.99	6.42	5.44	4.64
Buildings	-	309.29	91.29	71.86	71.86
Machinery	-	182.16	140.52	98.71	60.42
Construction In Progress	-	-	139.82	55.13	28.91

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