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 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	392.75	415.75	467.01	669.16	872.58	272.7
Trading Asset Securities	143.28	198.72	332.13	563.7	688.89	-
Cash & Short-Term Investments	536.02	614.47	799.13	1,233	1,561	272.7
Cash Growth	-26.38%	-23.11%	-35.18%	-21.04%	472.59%	-10.03%
Accounts Receivable	227.63	221.76	232.18	231.91	248.79	565.34
Other Receivables	11.91	5.24	3.7	8.44	5.1	26.07
Receivables	239.54	227	235.89	240.35	253.89	591.41
Inventory	226.9	206.55	194.71	195.72	205.37	992.45
Other Current Assets	54.72	60.4	53.75	25.62	21.81	95.38
Total Current Assets	1,057	1,108	1,283	1,695	2,043	1,952
Property, Plant & Equipment	1,389	1,393	1,197	953.5	708.22	1,602
Long-Term Investments	3.09	3.09	2.5	9.89	10.31	20.91
Goodwill	36.67	36.67	36.67	36.67	36.67	396.06
Other Intangible Assets	321.73	332.77	365.69	363.68	338.97	422.56
Long-Term Deferred Tax Assets	22.46	22.56	23.08	19.43	16.48	42.59
Long-Term Deferred Charges	5.72	6.29	5.78	8.18	11.16	14.99
Other Long-Term Assets	43.87	21.69	34.22	9.03	7.79	28.74
Total Assets	2,879	2,925	2,949	3,095	3,172	4,480
Accounts Payable	138.27	129.98	130.12	85.67	68.95	331.62
Accrued Expenses	8.99	29.87	34.86	34.48	35.58	50.27
Short-Term Debt	18.08	62	35	74.35	100	656.9
Current Portion of Long-Term Debt	0.12	0.12	-	53.78	0.03	59.28
Current Portion of Leases	-	-	0.12	0.12	0.21	0.43
Current Income Taxes Payable	4.65	5.79	1.6	0.86	3.8	7.04
Current Unearned Revenue	3.65	1.99	1.8	1.91	2.3	8.08
Other Current Liabilities	41.69	49.65	39.11	57.7	37.85	53.43
Total Current Liabilities	215.44	279.41	242.62	308.86	248.7	1,167
Long-Term Debt	-	-	-	-	51.32	126.69
Long-Term Leases	-	-	-	-	-	0.24
Long-Term Unearned Revenue	47.27	48.08	46.9	44.44	50	122.36
Long-Term Deferred Tax Liabilities	4.13	4.32	4.87	5.67	6.25	15.59
Other Long-Term Liabilities	-	-	-	0.82	-	-
Total Liabilities	266.84	331.81	294.39	359.79	356.26	1,432
Common Stock	491.06	491.06	491.06	490.08	490.08	490.07
Additional Paid-In Capital	1,638	1,636	1,633	1,618	1,614	1,610
Retained Earnings	546.26	529.78	597.57	595.18	653.73	684.51
Treasury Stock	-100.11	-100.11	-100.11	-100.11	-61.05	-
Comprehensive Income & Other	-8.52	-7.5	-9.82	11.04	8.69	8.64
Total Common Equity	2,566	2,549	2,612	2,615	2,706	2,793
Minority Interest	46.27	43.66	42.69	120.62	109.97	255.2
Shareholders' Equity	2,613	2,593	2,654	2,735	2,816	3,048
Total Liabilities & Equity	2,879	2,925	2,949	3,095	3,172	4,480
Total Debt	18.2	62.12	35.12	128.24	151.56	843.53
Net Cash (Debt)	517.83	552.35	764.01	1,105	1,410	-570.83
Net Cash Growth	-25.27%	-27.70%	-30.84%	-21.65%	-	-
Net Cash Per Share	1.06	1.13	1.56	2.25	2.88	-1.16
Filing Date Shares Outstanding	490.64	491.17	480.17	479.19	483.65	490.07
Total Common Shares Outstanding	490.64	491.17	480.17	479.19	483.65	490.07
Working Capital	841.74	829.01	1,041	1,386	1,794	784.9
Book Value Per Share	5.23	5.19	5.44	5.46	5.59	5.70
Tangible Book Value	2,208	2,180	2,209	2,214	2,330	1,974
Tangible Book Value Per Share	4.50	4.44	4.60	4.62	4.82	4.03
Buildings	-	-	949.13	686.45	683.49	1,177
Machinery	-	-	570.72	539.25	497.2	1,144
Construction In Progress	-	-	294.12	304.27	38.47	204.74

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