Gansu Golden Solar Co., Ltd (SHE:300093)

Gansu Golden Solar 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	219.04	73.54	71.19	369.21	141.89	13.33
Cash & Short-Term Investments	219.04	73.54	71.19	369.21	141.89	13.33
Cash Growth	62.16%	3.31%	-80.72%	160.21%	964.42%	-94.65%
Accounts Receivable	33.69	28.03	45.34	36.1	291.34	339.32
Other Receivables	5.4	8.82	6.94	220.94	30.55	40.36
Receivables	39.08	36.85	52.28	257.05	321.89	379.68
Inventory	29.87	60.78	123.66	135.86	151.71	122.31
Prepaid Expenses	-	0	0.03	0.67	-	-
Other Current Assets	152.27	107.11	59.04	64.35	262.72	29.99
Total Current Assets	440.27	278.29	306.2	827.14	878.21	545.31
Property, Plant & Equipment	2,335	2,317	2,416	1,497	911.29	366.06
Long-Term Investments	-	-	-	1	1	1
Other Intangible Assets	42.04	42.82	55.62	57.19	58.86	39.47
Long-Term Deferred Tax Assets	2.85	2.93	79.68	51.6	19.54	31.62
Long-Term Deferred Charges	2.84	4.18	5.36	3.28	0.59	-
Other Long-Term Assets	61.92	61.56	48.06	38.53	10.24	6.53
Total Assets	2,885	2,707	2,911	2,476	1,880	989.98
Accounts Payable	805.31	841.51	621.05	653.68	356	135.27
Accrued Expenses	197.15	73.38	20.13	25.2	28.07	30.2
Short-Term Debt	535.19	1,659	805.76	665.03	673.9	153.31
Current Portion of Long-Term Debt	245.74	94.8	148.06	65.76	1.61	-
Current Portion of Leases	-	1.3	120.55	25.55	-	11.38
Current Income Taxes Payable	8.09	0.84	0.14	3.19	1.38	2.9
Current Unearned Revenue	13.62	49.51	17.53	90.17	4.08	34.68
Other Current Liabilities	1,761	147.53	60.01	19.3	27.66	71.03
Total Current Liabilities	3,566	2,868	1,793	1,548	1,093	438.76
Long-Term Debt	384.12	506.32	771.63	549.78	214.48	-
Long-Term Leases	9.41	10.42	141.08	171.98	151.73	-
Long-Term Unearned Revenue	47.16	47.86	47.8	42.59	42.35	15.49
Long-Term Deferred Tax Liabilities	2.87	3.23	64.49	35.54	0.61	0.8
Other Long-Term Liabilities	71.08	69.68	63.63	58.77	70.54	27.87
Total Liabilities	4,081	3,505	2,882	2,407	1,572	482.92
Common Stock	216	216	216	216	216	216
Additional Paid-In Capital	730.49	729.8	753.19	386.83	386.83	386.83
Retained Earnings	-2,129	-1,728	-932.83	-570.15	-295.19	-93.05
Comprehensive Income & Other	-11.05	-13.08	-9.9	-7.85	2.62	-0.78
Total Common Equity	-1,193	-795.36	26.47	24.83	310.26	509.01
Minority Interest	-2.78	-2.82	2.35	44.64	-2.93	-1.95
Shareholders' Equity	-1,196	-798.18	28.82	69.47	307.33	507.06
Total Liabilities & Equity	2,885	2,707	2,911	2,476	1,880	989.98
Total Debt	1,174	2,272	1,987	1,478	1,042	164.68
Net Cash (Debt)	-955.41	-2,198	-1,916	-1,109	-899.82	-151.35
Net Cash Per Share	-4.42	-10.18	-8.87	-5.13	-4.17	-0.70
Filing Date Shares Outstanding	216	216	216	216	216	216
Total Common Shares Outstanding	216	216	216	216	216	216
Working Capital	-3,126	-2,589	-1,487	-720.74	-214.49	106.55
Book Value Per Share	-5.52	-3.68	0.12	0.11	1.44	2.36
Tangible Book Value	-1,235	-838.18	-29.15	-32.36	251.4	469.54
Tangible Book Value Per Share	-5.72	-3.88	-0.13	-0.15	1.16	2.17
Buildings	-	1,018	946.73	438.44	297.33	321.94
Machinery	-	1,440	830.26	636.52	256.56	464.42
Construction In Progress	-	138.54	541.76	434.41	610.24	8.17

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.