Goldcard Smart Group 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	921.66	1,190	968.67	778.51	558.32	439.91
Short-Term Investments	-	-	143.54	638.83	400.32	30.51
Trading Asset Securities	385.14	335.61	541.97	876.51	370.36	393.38
Cash & Short-Term Investments	1,307	1,526	1,654	2,294	1,329	863.81
Cash Growth	21.25%	-7.75%	-27.89%	72.60%	53.85%	-24.38%
Accounts Receivable	2,137	2,191	1,996	1,743	1,382	1,152
Other Receivables	57.78	49.04	41.57	35.54	37.68	56.82
Receivables	2,194	2,240	2,038	1,779	1,420	1,209
Inventory	662.3	622.85	563.97	515.3	500.3	517.09
Prepaid Expenses	-	-	0.44	0.04	0.01	-
Other Current Assets	375.35	332.04	53.34	50.27	42.03	69.45
Total Current Assets	4,539	4,721	4,309	4,638	3,291	2,660
Property, Plant & Equipment	1,097	1,113	1,047	928.61	784.54	615.05
Long-Term Investments	661.11	509.57	754.53	453.7	735.31	963.26
Goodwill	997.09	997.09	1,005	1,027	1,027	1,027
Other Intangible Assets	114.94	117.16	110.97	118.83	126.66	134.38
Long-Term Deferred Tax Assets	41.15	40.75	36.08	30.69	42.55	52.58
Long-Term Deferred Charges	0.49	0.72	2.14	3	3.1	6.78
Other Long-Term Assets	10.99	11.77	9.53	17.08	36.1	32.65
Total Assets	7,461	7,511	7,275	7,217	6,047	5,492
Accounts Payable	1,834	2,022	1,757	1,521	1,332	1,155
Accrued Expenses	53.91	97.81	287.07	289.36	232.53	228.14
Short-Term Debt	0.05	22	100.99	400.11	40.02	9.91
Current Portion of Long-Term Debt	63.31	63.37	48.91	18.99	8.59	5
Current Portion of Leases	-	-	1.35	1.04	0.43	5.27
Current Income Taxes Payable	39.89	59.14	24.35	29.58	12.53	3.58
Current Unearned Revenue	271.83	66.79	70.67	64.69	63.87	38.71
Other Current Liabilities	173.95	185.65	29.64	38.19	32.77	58.31
Total Current Liabilities	2,437	2,517	2,320	2,362	1,723	1,504
Long-Term Debt	318.38	318.38	345.42	373.65	226.11	160.75
Long-Term Leases	4.06	4.34	2.95	1.29	0.66	0.04
Long-Term Unearned Revenue	28.38	29.4	30.03	18.29	19.92	10.86
Long-Term Deferred Tax Liabilities	47.7	46.54	47.28	52.26	47.42	40.95
Other Long-Term Liabilities	97.4	96.54	95.24	84.24	92.29	95.55
Total Liabilities	2,933	3,012	2,841	2,892	2,110	1,812
Common Stock	417.21	417.21	418.34	420.8	429.05	429.05
Additional Paid-In Capital	1,642	1,642	1,661	1,689	1,780	1,785
Retained Earnings	2,314	2,285	2,227	2,074	1,706	1,478
Treasury Stock	-	-	-27.74	-44.08	-144.53	-105
Comprehensive Income & Other	154.68	154.53	155.46	155.33	147.21	87.71
Total Common Equity	4,528	4,498	4,434	4,295	3,918	3,675
Minority Interest	0	0	0.35	30.27	18.74	4.96
Shareholders' Equity	4,528	4,498	4,434	4,325	3,937	3,680
Total Liabilities & Equity	7,461	7,511	7,275	7,217	6,047	5,492
Total Debt	385.8	408.09	499.62	795.08	275.81	180.97
Net Cash (Debt)	921	1,118	1,155	1,499	1,053	682.84
Net Cash Growth	41.27%	-3.18%	-22.97%	42.31%	54.24%	-35.47%
Net Cash Per Share	2.18	2.69	2.79	3.67	2.49	1.61
Filing Date Shares Outstanding	424.54	419.9	415.59	413.98	415.09	420.8
Total Common Shares Outstanding	424.54	419.9	415.59	416.44	416.71	420.8
Working Capital	2,102	2,204	1,990	2,276	1,568	1,156
Book Value Per Share	10.67	10.71	10.67	10.31	9.40	8.73
Tangible Book Value	3,416	3,384	3,318	3,149	2,764	2,513
Tangible Book Value Per Share	8.05	8.06	7.98	7.56	6.63	5.97
Buildings	-	-	592.01	549.8	222.31	220.75
Machinery	-	-	526.17	449	372.29	327.37
Construction In Progress	-	-	243.19	193.28	394.63	221.08

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