Guoguang Electric Company 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	2,851	2,672	1,830	2,562	849.94	696.6
Short-Term Investments	-	-	10.18	32.76	-	-
Trading Asset Securities	360	65.81	243.19	0.4	16.52	126.29
Cash & Short-Term Investments	3,211	2,738	2,083	2,595	866.46	822.89
Cash Growth	14.45%	31.43%	-19.72%	199.54%	5.29%	-15.62%
Accounts Receivable	1,633	1,607	1,991	1,385	1,669	1,356
Other Receivables	71.97	119.63	256.65	108.88	148.96	114.38
Receivables	1,705	1,727	2,404	1,494	1,818	1,470
Inventory	1,157	1,114	1,155	589.22	761.17	863.45
Prepaid Expenses	-	-	1.35	2.91	-	0.25
Other Current Assets	1,401	1,503	586.45	113.69	127.05	78.02
Total Current Assets	7,475	7,083	6,230	4,795	3,573	3,235
Property, Plant & Equipment	1,776	1,758	1,075	861.56	785.68	780.15
Long-Term Investments	1,138	1,079	1,610	972.64	475.13	464.07
Other Intangible Assets	264.03	265.04	272.87	128.46	136.51	146.57
Long-Term Deferred Tax Assets	237.82	221.87	153.34	119.16	106.47	83.48
Long-Term Deferred Charges	44.64	45.89	40.73	7.9	11.75	8.54
Other Long-Term Assets	127.44	92.12	101.59	108.33	117.29	130.35
Total Assets	11,063	10,545	9,484	6,993	5,206	4,848
Accounts Payable	1,848	1,521	1,838	1,082	1,188	1,232
Accrued Expenses	59.28	84.43	190.76	113.56	158.21	116.9
Short-Term Debt	4,403	4,166	2,600	1,114	797.86	899.6
Current Portion of Long-Term Debt	15.45	12.69	205.16	280.14	220.33	156.39
Current Portion of Leases	-	-	5.22	1.83	5.53	5.79
Current Income Taxes Payable	21.36	12.15	3.95	2.47	2.94	2.54
Current Unearned Revenue	111.26	86.2	178.16	140.47	93.16	47.85
Other Current Liabilities	178.84	199.03	75.65	49.85	71.65	41.83
Total Current Liabilities	6,637	6,081	5,098	2,784	2,537	2,503
Long-Term Debt	50.29	43.75	-	205	464.34	284.16
Long-Term Leases	56.28	58.07	46.4	27.44	11.66	10.45
Long-Term Unearned Revenue	61.5	50.57	45.25	21.3	23.81	30.02
Long-Term Deferred Tax Liabilities	1.1	1.71	1.53	0	0	1.74
Other Long-Term Liabilities	20.31	23.95	12.99	6.68	8.24	27.62
Total Liabilities	6,827	6,259	5,204	3,045	3,045	2,857
Common Stock	562.48	562.48	562.48	568.1	468.38	468.38
Additional Paid-In Capital	2,158	2,158	2,159	2,218	829.61	829.26
Retained Earnings	1,555	1,580	1,693	1,396	1,035	856.76
Treasury Stock	-	-	-164	-247.9	-170.01	-170.01
Comprehensive Income & Other	-39.26	-14.31	25.91	12.03	-6.01	4.16
Total Common Equity	4,236	4,286	4,277	3,946	2,157	1,989
Minority Interest	-	-	3.52	2.8	2.99	2.33
Shareholders' Equity	4,236	4,286	4,280	3,949	2,160	1,991
Total Liabilities & Equity	11,063	10,545	9,484	6,993	5,206	4,848
Total Debt	4,525	4,280	2,857	1,629	1,500	1,356
Net Cash (Debt)	-1,315	-1,542	-773.62	966.72	-633.27	-533.51
Net Cash Per Share	-2.36	-2.73	-1.41	2.09	-1.42	-1.20
Filing Date Shares Outstanding	514.82	344.34	562.48	551.5	450.63	450.63
Total Common Shares Outstanding	514.82	344.34	551.5	551.5	450.63	450.63
Working Capital	837.32	1,002	1,133	2,011	1,036	731.73
Book Value Per Share	8.23	12.45	7.75	7.16	4.79	4.41
Tangible Book Value	3,972	4,021	4,004	3,818	2,021	1,842
Tangible Book Value Per Share	7.71	11.68	7.26	6.92	4.48	4.09
Buildings	-	-	807.63	755.47	745.95	726.54
Machinery	-	-	1,049	870.83	762.91	686.55
Construction In Progress	-	-	156.84	78.18	34.91	18.99

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