GuoChuang Software 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	260.59	513.75	1,104	1,327	795.4	762.2
Cash & Short-Term Investments	260.59	513.75	1,104	1,327	795.4	762.2
Cash Growth	-74.45%	-53.46%	-16.85%	66.90%	4.36%	2.81%
Accounts Receivable	713.36	778.9	1,086	1,211	1,060	748.5
Other Receivables	30.79	29.08	116.18	46.51	45.52	325.94
Receivables	744.14	807.97	1,318	1,364	1,203	1,194
Inventory	478.71	387.11	326.5	330.45	289.35	243.34
Other Current Assets	251.02	175.19	80.92	67.73	80.22	38.82
Total Current Assets	1,734	1,884	2,830	3,089	2,368	2,238
Property, Plant & Equipment	1,041	1,024	947.47	805.74	576.63	406.25
Long-Term Investments	588.37	586.19	429.13	420.75	421.95	393.87
Goodwill	69.95	69.95	107.89	105.37	367.53	367.53
Other Intangible Assets	73.97	75.48	75.29	76.87	73.23	47.54
Long-Term Deferred Tax Assets	42.83	39.27	101.66	64.02	61.08	36.16
Long-Term Deferred Charges	20.01	20.86	25.9	20.37	14.61	1.53
Other Long-Term Assets	35.89	47.2	17.61	32.22	54.52	7.36
Total Assets	3,607	3,747	4,566	4,687	4,057	3,608
Accounts Payable	541.18	642.1	762.64	739.71	787.8	527.65
Accrued Expenses	43.47	45.13	61.1	75.42	96.76	91.05
Short-Term Debt	122.4	189.13	389.42	589.99	487.18	510.59
Current Portion of Long-Term Debt	-	115.83	76.47	135.8	152.4	11.4
Current Portion of Leases	-	-	1.84	2.42	2.82	1.47
Current Income Taxes Payable	3.33	14.89	2.11	9.4	5	5.85
Current Unearned Revenue	184.65	156.12	134.4	201.26	136.86	130.65
Other Current Liabilities	367.88	123.08	608.79	650.21	463.56	430.01
Total Current Liabilities	1,263	1,286	2,037	2,404	2,132	1,709
Long-Term Debt	408.76	470.4	400.74	78.44	206.4	246.69
Long-Term Leases	1.33	1.3	1.73	3.1	3.54	3.34
Long-Term Unearned Revenue	126.54	127.1	103.27	99.22	81.49	55.36
Long-Term Deferred Tax Liabilities	32.54	32.57	21.07	21.48	22.44	22.38
Other Long-Term Liabilities	11.24	11.11	22.48	39.92	60.18	58.98
Total Liabilities	1,843	1,929	2,586	2,646	2,506	2,095
Common Stock	292.03	292.03	291.17	291.17	246.32	243.89
Additional Paid-In Capital	1,674	1,673	1,692	1,665	904.72	856.14
Retained Earnings	-412.82	-373.98	-189.93	-181.7	195.05	277.29
Treasury Stock	-20.01	-6.01	-20.48	-	-	-
Comprehensive Income & Other	178.29	178.29	111.08	110.09	110.34	110.68
Total Common Equity	1,711	1,763	1,884	1,884	1,456	1,488
Minority Interest	52.21	54.89	96.08	156.39	94.13	24.28
Shareholders' Equity	1,763	1,818	1,980	2,041	1,551	1,512
Total Liabilities & Equity	3,607	3,747	4,566	4,687	4,057	3,608
Total Debt	532.49	776.65	870.2	809.74	852.33	773.5
Net Cash (Debt)	-271.89	-262.9	233.67	517.75	-56.93	-11.3
Net Cash Growth	-	-	-54.87%	-	-	-
Net Cash Per Share	-0.94	-0.90	0.85	2.07	-0.24	-0.05
Filing Date Shares Outstanding	298.76	292.82	289.54	291.17	246.32	243.89
Total Common Shares Outstanding	298.76	292.82	289.54	291.17	246.32	243.89
Working Capital	471.55	597.74	793	685.27	235.49	529.19
Book Value Per Share	5.73	6.02	6.51	6.47	5.91	6.10
Tangible Book Value	1,567	1,618	1,701	1,702	1,016	1,073
Tangible Book Value Per Share	5.25	5.52	5.87	5.85	4.12	4.40
Buildings	-	-	577.94	566.34	298.15	273.71
Machinery	-	-	274.14	218.4	154.01	120.18
Construction In Progress	-	-	252.34	135.25	208.98	72.12

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