GL Tech Co.,Ltd (SHE:300480)

GL Tech Co.,Ltd 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	444.36	543.05	706.99	485.07	470.89	179.72
Cash & Short-Term Investments	444.36	543.05	706.99	485.07	470.89	179.72
Cash Growth	-19.89%	-23.19%	45.75%	3.01%	162.01%	1.90%
Accounts Receivable	460.44	418.94	411.65	351.71	400.84	294.34
Other Receivables	15.08	16.53	18.16	110.82	15.23	11.72
Receivables	475.52	435.47	429.8	462.53	416.07	306.06
Inventory	352.04	338.43	285.4	252.53	182.05	72.89
Prepaid Expenses	-	-	-	-	-	0.21
Other Current Assets	31.82	30.9	23.04	23.02	20.97	10.07
Total Current Assets	1,304	1,348	1,445	1,223	1,090	568.95
Property, Plant & Equipment	380.39	369.51	277.98	175.36	103.21	77.87
Long-Term Investments	7.23	0.03	-	-	-	42.33
Goodwill	182.14	182.14	279.96	283.86	414.95	170.82
Other Intangible Assets	60.83	64.36	64.66	68.58	83.85	64.54
Long-Term Deferred Tax Assets	7.03	6.74	8.75	13.4	16.98	6.31
Long-Term Deferred Charges	9.78	2.18	0.18	0.47	2.03	1.47
Other Long-Term Assets	12.9	18.92	9.71	15.21	5.13	5
Total Assets	1,964	1,992	2,086	1,780	1,716	937.29
Accounts Payable	85.99	77.93	74.3	65.92	92.77	30.6
Accrued Expenses	22.05	63.22	46.78	62.48	57.61	22.21
Short-Term Debt	28.8	21.79	17.71	38.9	35.38	50.06
Current Portion of Long-Term Debt	6.51	2.02	0.9	49.44	7.64	-
Current Portion of Leases	-	5.56	5.96	7.32	4.39	-
Current Income Taxes Payable	7.01	8.19	7.11	9.06	6.4	6.75
Current Unearned Revenue	23.04	29.95	27.17	34.5	27.1	14.97
Other Current Liabilities	28.57	15.98	14.23	27.02	2.19	3.49
Total Current Liabilities	201.97	224.64	194.16	294.64	233.47	128.09
Long-Term Debt	398.25	385.24	369.08	29.61	95.01	13.33
Long-Term Leases	19.11	20.62	23.95	12.27	9.07	2.05
Long-Term Unearned Revenue	12.94	26.34	27.78	28.47	15.51	10.58
Long-Term Deferred Tax Liabilities	1.02	1.13	1.4	1.57	3.51	2.26
Other Long-Term Liabilities	8.45	8.53	9.09	9.78	11.19	-
Total Liabilities	641.74	666.48	625.47	376.34	367.76	156.3
Common Stock	352.83	352.77	352.13	351.29	269.64	249.34
Additional Paid-In Capital	524.84	542.27	540.12	532.46	601.11	170.17
Retained Earnings	413.78	394.8	525.45	508.98	470.54	352.56
Treasury Stock	-21.93	-21.97	-	-	-	-
Comprehensive Income & Other	39.34	37.13	34.98	2.1	-1.21	0.39
Total Common Equity	1,309	1,305	1,453	1,395	1,340	772.47
Minority Interest	13.42	20.25	8.32	8.85	8.29	8.52
Shareholders' Equity	1,322	1,325	1,461	1,404	1,348	780.99
Total Liabilities & Equity	1,964	1,992	2,086	1,780	1,716	937.29
Total Debt	452.66	435.23	417.6	137.53	151.49	65.44
Net Cash (Debt)	-8.3	107.83	289.39	347.53	319.4	114.28
Net Cash Growth	-	-62.74%	-16.73%	8.81%	179.49%	-12.22%
Net Cash Per Share	-0.02	0.31	0.79	1.01	0.95	0.36
Filing Date Shares Outstanding	351.4	351.47	352.13	351.29	350.3	323.94
Total Common Shares Outstanding	351.4	351.47	352.13	351.29	350.3	323.94
Working Capital	1,102	1,123	1,251	928.5	856.5	440.87
Book Value Per Share	3.72	3.71	4.13	3.97	3.83	2.38
Tangible Book Value	1,066	1,059	1,108	1,042	841.29	537.11
Tangible Book Value Per Share	3.03	3.01	3.15	2.97	2.40	1.66
Buildings	-	258.4	99.79	35.65	34.33	-
Machinery	-	208.02	183.38	127.2	109.88	-
Construction In Progress	-	24.59	90.99	103.84	47.16	-

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