GL Tech Co.,Ltd 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	432.57	474.92	543.05	706.99	485.07	470.89
Cash & Short-Term Investments	432.57	474.92	543.05	706.99	485.07	470.89
Cash Growth	-11.87%	-12.55%	-23.19%	45.75%	3.01%	162.01%
Accounts Receivable	564.2	508.83	418.94	411.65	351.71	400.84
Other Receivables	12.17	11.23	16.53	18.16	110.82	15.23
Receivables	576.37	520.06	435.47	429.8	462.53	416.07
Inventory	361.77	350.96	338.43	285.4	252.53	182.05
Other Current Assets	28.48	30.87	30.9	23.04	23.02	20.97
Total Current Assets	1,399	1,377	1,348	1,445	1,223	1,090
Property, Plant & Equipment	400.1	390.41	369.51	277.98	175.36	103.21
Long-Term Investments	11.82	11.82	0.03	-	-	-
Goodwill	167.39	167.39	182.14	279.96	283.86	414.95
Other Intangible Assets	58.78	59.53	64.36	64.66	68.58	83.85
Long-Term Deferred Tax Assets	24.61	22.29	6.74	8.75	13.4	16.98
Long-Term Deferred Charges	1.63	1.68	2.18	0.18	0.47	2.03
Other Long-Term Assets	11.65	20.48	18.92	9.71	15.21	5.13
Total Assets	2,075	2,050	1,992	2,086	1,780	1,716
Accounts Payable	96.95	94.75	77.93	74.3	65.92	92.77
Accrued Expenses	23.4	25.61	63.22	46.78	62.48	57.61
Short-Term Debt	58.58	66.62	21.79	17.71	38.9	35.38
Current Portion of Long-Term Debt	5.83	9.71	2.02	0.9	49.44	7.64
Current Portion of Leases	-	-	5.56	5.96	7.32	4.39
Current Income Taxes Payable	7.85	9.49	8.19	7.11	9.06	6.4
Current Unearned Revenue	37.92	33.15	29.95	27.17	34.5	27.1
Other Current Liabilities	31.86	37.75	15.98	14.23	27.02	2.19
Total Current Liabilities	262.38	277.08	224.64	194.16	294.64	233.47
Long-Term Debt	55.76	401.99	385.24	369.08	29.61	95.01
Long-Term Leases	24.29	24.38	20.62	23.95	12.27	9.07
Long-Term Unearned Revenue	11.19	11.83	26.34	27.78	28.47	15.51
Long-Term Deferred Tax Liabilities	0.89	0.89	1.13	1.4	1.57	3.51
Other Long-Term Liabilities	7.89	8.88	8.53	9.09	9.78	11.19
Total Liabilities	362.41	725.04	666.48	625.47	376.34	367.76
Common Stock	367.82	352.83	352.77	352.13	351.29	269.64
Additional Paid-In Capital	868.85	524.84	542.27	540.12	532.46	601.11
Retained Earnings	449.07	417.54	394.8	525.45	508.98	470.54
Treasury Stock	-	-21.93	-21.97	-	-	-
Comprehensive Income & Other	13.23	37.29	37.13	34.98	2.1	-1.21
Total Common Equity	1,699	1,311	1,305	1,453	1,395	1,340
Minority Interest	13.79	14.79	20.25	8.32	8.85	8.29
Shareholders' Equity	1,713	1,325	1,325	1,461	1,404	1,348
Total Liabilities & Equity	2,075	2,050	1,992	2,086	1,780	1,716
Total Debt	144.46	502.69	435.23	417.6	137.53	151.49
Net Cash (Debt)	288.11	-27.77	107.83	289.39	347.53	319.4
Net Cash Growth	473.93%	-	-62.74%	-16.73%	8.81%	179.49%
Net Cash Per Share	0.79	-0.08	0.31	0.79	1.01	0.95
Filing Date Shares Outstanding	350.33	406.23	351.47	352.13	351.29	350.3
Total Common Shares Outstanding	350.33	406.23	351.47	352.13	351.29	350.3
Working Capital	1,137	1,100	1,123	1,251	928.5	856.5
Book Value Per Share	4.85	3.23	3.71	4.13	3.97	3.83
Tangible Book Value	1,473	1,084	1,059	1,108	1,042	841.29
Tangible Book Value Per Share	4.20	2.67	3.01	3.15	2.97	2.40
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

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