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	659.84	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	659.84	1,690	1,137	383.42	538.02
Cash Growth	-60.95%	48.58%	196.63%	-28.73%	728.03%
Accounts Receivable	397.47	327.48	249.66	270.89	180.09
Other Receivables	7.57	5.97	5.51	6.45	4.09
Receivables	405.04	333.45	255.18	277.34	184.19
Inventory	88.35	72.85	70.87	62.98	50.1
Prepaid Expenses	-	-	-	11.88	-
Other Current Assets	357.8	111	85.18	27.72	18
Total Current Assets	1,511	2,207	1,549	763.34	790.3
Property, Plant & Equipment	401.74	408.77	297.02	177.48	124.86
Long-Term Investments	960.99	604.63	1,395	1,365	160.62
Goodwill	19.36	19.36	19.36	-	-
Other Intangible Assets	43.3	45.05	46.83	41.29	42.66
Long-Term Deferred Tax Assets	6.32	2.95	1.88	1.61	1.18
Long-Term Deferred Charges	11.31	0.36	1.99	3.7	3.51
Other Long-Term Assets	114.43	-	0.17	37.12	37.48
Total Assets	3,068	3,288	3,311	2,390	1,161
Accounts Payable	537.95	338.86	357.96	384.1	177.89
Accrued Expenses	21.16	37.25	31.1	19.15	14.5
Short-Term Debt	854	1,393	1,509	868.11	1.34
Current Portion of Long-Term Debt	5.04	-	-	-	-
Current Portion of Leases	-	4.57	3.91	5.49	4.91
Current Income Taxes Payable	39.77	17.57	11.12	7.26	9.05
Current Unearned Revenue	5.33	3.98	2.94	9.99	7.25
Other Current Liabilities	61.93	99.21	110.39	31.32	27.03
Total Current Liabilities	1,525	1,894	2,026	1,325	241.96
Long-Term Leases	3.45	8.36	0.06	3.39	7.81
Long-Term Unearned Revenue	30.68	20.19	2.08	0.56	1.7
Long-Term Deferred Tax Liabilities	3.85	5.07	5.19	3.38	0.33
Total Liabilities	1,563	1,928	2,034	1,333	251.81
Common Stock	188.32	135.33	135.33	133.33	133.33
Additional Paid-In Capital	495.88	548.87	548.87	458.83	458.83
Retained Earnings	904.46	750.82	599.91	454.99	309.79
Treasury Stock	-100	-100	-23.82	-	-
Comprehensive Income & Other	16.66	25.71	16.7	9.87	6.85
Shareholders' Equity	1,505	1,361	1,277	1,057	908.8
Total Liabilities & Equity	3,068	3,288	3,311	2,390	1,161
Total Debt	862.49	1,405	1,513	876.99	14.06
Net Cash (Debt)	-202.65	284.46	-375.46	-493.57	523.96
Net Cash Growth	-	-	-	-	2766.23%
Net Cash Per Share	-1.09	1.50	-1.99	-2.64	3.22
Filing Date Shares Outstanding	175.6	185.48	188.57	186.67	186.67
Total Common Shares Outstanding	175.6	185.48	188.57	186.67	186.67
Working Capital	-14.15	313.24	-477.67	-562.07	548.34
Book Value Per Share	8.57	7.34	6.77	5.66	4.87
Tangible Book Value	1,443	1,296	1,211	1,016	866.14
Tangible Book Value Per Share	8.22	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.