Guangdong VTR Bio-Tech Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	462.99	467.01	669.16	872.58	272.7	303.1
Trading Asset Securities	215.61	332.13	563.7	688.89	-	-
Cash & Short-Term Investments	678.61	799.13	1,233	1,561	272.7	303.1
Cash Growth	-24.58%	-35.18%	-21.04%	472.59%	-10.03%	39.71%
Accounts Receivable	227.59	232.18	231.91	248.79	565.34	604.6
Other Receivables	13.56	3.7	8.44	5.1	26.07	33.95
Receivables	241.15	235.89	240.35	253.89	591.41	638.54
Inventory	202.44	194.71	195.72	205.37	992.45	1,050
Other Current Assets	55.76	53.75	25.62	21.81	95.38	91.89
Total Current Assets	1,178	1,283	1,695	2,043	1,952	2,083
Property, Plant & Equipment	1,273	1,197	953.5	708.22	1,602	1,610
Long-Term Investments	2.5	2.5	9.89	10.31	20.91	23.55
Goodwill	36.67	36.67	36.67	36.67	396.06	476.89
Other Intangible Assets	341.66	365.69	363.68	338.97	422.56	415.84
Long-Term Deferred Tax Assets	22.87	23.08	19.43	16.48	42.59	24.14
Long-Term Deferred Charges	4.39	5.78	8.18	11.16	14.99	19.43
Other Long-Term Assets	35.32	34.22	9.03	7.79	28.74	19.49
Total Assets	2,895	2,949	3,095	3,172	4,480	4,672
Accounts Payable	58.38	130.12	85.67	68.95	331.62	364.68
Accrued Expenses	9.08	34.86	34.48	35.58	50.27	46.88
Short-Term Debt	95.51	35	74.35	100	656.9	635.88
Current Portion of Long-Term Debt	-	-	53.78	0.03	59.28	0.13
Current Portion of Leases	0.12	0.12	0.12	0.21	0.43	13.51
Current Income Taxes Payable	5.77	1.6	0.86	3.8	7.04	13.68
Current Unearned Revenue	2.62	1.8	1.91	2.3	8.08	4.58
Other Current Liabilities	40.27	39.11	57.7	37.85	53.43	65.71
Total Current Liabilities	211.76	242.62	308.86	248.7	1,167	1,145
Long-Term Debt	-	-	-	51.32	126.69	119.07
Long-Term Leases	-	-	-	-	0.24	-
Long-Term Unearned Revenue	42.86	46.9	44.44	50	122.36	128.24
Long-Term Deferred Tax Liabilities	4.35	4.87	5.67	6.25	15.59	16.94
Other Long-Term Liabilities	-	-	0.82	-	-	-
Total Liabilities	258.97	294.39	359.79	356.26	1,432	1,409
Common Stock	491.06	491.06	490.08	490.08	490.07	490.06
Additional Paid-In Capital	1,639	1,633	1,618	1,614	1,610	1,642
Retained Earnings	567.76	597.57	595.18	653.73	684.51	837.68
Treasury Stock	-100.11	-100.11	-100.11	-61.05	-	-
Comprehensive Income & Other	-9.07	-9.82	11.04	8.69	8.64	8.67
Total Common Equity	2,589	2,612	2,615	2,706	2,793	2,978
Minority Interest	47	42.69	120.62	109.97	255.2	284.83
Shareholders' Equity	2,636	2,654	2,735	2,816	3,048	3,263
Total Liabilities & Equity	2,895	2,949	3,095	3,172	4,480	4,672
Total Debt	95.63	35.12	128.24	151.56	843.53	768.6
Net Cash (Debt)	582.98	764.01	1,105	1,410	-570.83	-465.51
Net Cash Growth	-27.86%	-30.84%	-21.65%	-	-	-
Net Cash Per Share	1.19	1.56	2.25	2.88	-1.16	-0.99
Filing Date Shares Outstanding	480.17	480.17	479.19	483.65	490.07	490.06
Total Common Shares Outstanding	480.17	480.17	479.19	483.65	490.07	490.06
Working Capital	966.2	1,041	1,386	1,794	784.9	937.98
Book Value Per Share	5.39	5.44	5.46	5.59	5.70	6.08
Tangible Book Value	2,211	2,209	2,214	2,330	1,974	2,085
Tangible Book Value Per Share	4.60	4.60	4.62	4.82	4.03	4.26
Buildings	-	949.13	686.45	683.49	1,177	1,032
Machinery	-	570.72	539.25	497.2	1,144	1,047
Construction In Progress	-	294.12	304.27	38.47	204.74	324.37

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