Guizhou Space Appliance Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	726.95	1,542	2,773	3,408	2,188	2,548
Cash & Short-Term Investments	726.95	1,542	2,773	3,408	2,188	2,548
Cash Growth	-68.43%	-44.39%	-18.63%	55.75%	-14.14%	204.73%
Accounts Receivable	6,033	5,354	4,992	4,746	5,051	4,350
Other Receivables	16.23	15.26	14.83	11.75	8.62	11.19
Receivables	6,049	5,369	5,007	4,758	5,060	4,362
Inventory	2,416	2,491	1,851	1,063	1,046	1,011
Other Current Assets	67.73	153.5	201.21	156.59	192.79	104.2
Total Current Assets	9,260	9,556	9,832	9,385	8,486	8,025
Property, Plant & Equipment	1,788	1,776	1,768	1,390	1,242	1,083
Long-Term Investments	46.39	46.39	46.39	48.67	49.31	29.31
Other Intangible Assets	165.04	171.17	164.83	163.89	91.88	93.6
Long-Term Deferred Tax Assets	95.41	82.01	55.9	45.24	41.1	29.55
Long-Term Deferred Charges	35.71	37.92	40.38	36.12	31.07	31.25
Other Long-Term Assets	56.42	28.17	38.41	78.59	26.84	30.48
Total Assets	11,446	11,698	11,946	11,148	9,968	9,322
Accounts Payable	2,518	2,835	3,168	2,919	2,718	2,465
Accrued Expenses	4.91	11.49	10.91	21.56	25.01	20.23
Short-Term Debt	55	55	60	40	-	-
Current Portion of Long-Term Debt	57.69	0.83	0.86	6.38	5	-
Current Portion of Leases	-	54.4	48	11.56	12.65	13.14
Current Income Taxes Payable	33.07	0.23	9.48	33.98	18.6	24.54
Current Unearned Revenue	147.18	112.37	137.46	73.33	166.1	330.43
Other Current Liabilities	235.11	300.17	317.61	286.95	63.36	78.59
Total Current Liabilities	3,051	3,369	3,753	3,393	3,008	2,932
Long-Term Debt	-	304.42	291.59	260.47	241.41	183.95
Long-Term Leases	111.14	111.16	152.43	13.83	35.79	14.17
Long-Term Unearned Revenue	135.43	140.13	113.48	89.05	42.85	37.48
Long-Term Deferred Tax Liabilities	-	-	-	-	0.46	0.32
Other Long-Term Liabilities	474.48	169.31	132.5	110.18	62.08	66.57
Total Liabilities	3,772	4,094	4,443	3,866	3,391	3,235
Common Stock	455.43	455.43	456.87	456.87	452.66	452.66
Additional Paid-In Capital	1,951	1,951	2,024	2,024	1,816	1,914
Retained Earnings	4,209	4,156	4,078	3,905	3,322	2,836
Treasury Stock	-64.69	-64.69	-193.57	-193.57	-	-
Comprehensive Income & Other	106.06	105.7	97.48	91.61	92.53	75.1
Total Common Equity	6,656	6,604	6,463	6,283	5,683	5,278
Minority Interest	1,018	999.79	1,040	997.72	894.13	809.7
Shareholders' Equity	7,674	7,604	7,503	7,281	6,578	6,088
Total Liabilities & Equity	11,446	11,698	11,946	11,148	9,968	9,322
Total Debt	223.83	525.82	552.88	332.23	294.85	211.26
Net Cash (Debt)	503.12	1,016	2,220	3,076	1,893	2,337
Net Cash Growth	-75.34%	-54.22%	-27.82%	62.47%	-19.00%	197.24%
Net Cash Per Share	1.10	2.22	4.86	6.76	4.19	5.35
Filing Date Shares Outstanding	455.43	455.43	456.87	456.87	452.66	452.66
Total Common Shares Outstanding	455.43	455.43	456.87	456.87	452.66	452.66
Working Capital	6,209	6,187	6,079	5,992	5,478	5,093
Book Value Per Share	14.62	14.50	14.15	13.75	12.56	11.66
Tangible Book Value	6,491	6,433	6,298	6,120	5,592	5,184
Tangible Book Value Per Share	14.25	14.12	13.79	13.39	12.35	11.45
Buildings	-	811.41	851.61	712.65	672.65	650.53
Machinery	-	1,630	1,497	1,287	1,106	982.6
Construction In Progress	-	132.26	51.45	130.55	73.09	51.96

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