Glory View Technology 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	1,053	291.49	192.57	432.27	906.81	256.74
Trading Asset Securities	-	-	131.01	330	-	-
Cash & Short-Term Investments	1,053	291.49	323.58	762.27	906.81	256.74
Cash Growth	856.11%	-9.92%	-57.55%	-15.94%	253.21%	20.97%
Accounts Receivable	823.04	845.18	599.78	748.23	603.77	386.84
Other Receivables	22.9	19.22	17.95	17.62	13.32	13.94
Receivables	845.93	864.4	617.73	765.85	617.09	400.78
Inventory	607.75	637.58	558.2	305.55	234.7	232.15
Other Current Assets	461.75	384.49	243.15	72.72	40.58	16.65
Total Current Assets	2,969	2,178	1,743	1,906	1,799	906.31
Property, Plant & Equipment	6,462	1,948	677.47	227.82	18.51	11.33
Long-Term Investments	0.5	0.54	3.29	3.5	0.17	0.38
Other Intangible Assets	11.22	11.55	12.86	0.09	0.2	0.32
Long-Term Deferred Tax Assets	56.99	60.19	57.67	33.39	15.23	9.3
Long-Term Deferred Charges	27.01	30.65	20.15	0.16	0.25	1.05
Other Long-Term Assets	3,419	1,085	360.7	2.53	-	-
Total Assets	12,945	5,314	2,875	2,174	1,834	928.69
Accounts Payable	498	398.68	446.25	487.72	324.38	259.34
Accrued Expenses	3.49	6.2	18.78	22.3	19.06	17.92
Short-Term Debt	746.45	551.28	167.83	93.33	38.46	43.36
Current Portion of Long-Term Debt	2,074	603.27	164.76	10.39	-	-
Current Portion of Leases	-	-	73.65	0.92	2.74	2.51
Current Income Taxes Payable	15.5	2.19	-	13.12	17.04	14.31
Current Unearned Revenue	299.47	333.74	211.24	107.21	92.48	158.5
Other Current Liabilities	306.02	900.82	97.13	70.15	57.29	36.09
Total Current Liabilities	3,943	2,796	1,180	805.16	551.44	532.03
Long-Term Debt	1,282	96.86	67.87	76.38	-	-
Long-Term Leases	2,502	323.61	134.38	1.82	4.51	0.41
Other Long-Term Liabilities	3,901	844.91	298.97	3.99	6.05	4.08
Total Liabilities	11,628	4,062	1,681	887.35	562	536.51
Common Stock	153.52	153.52	109.66	109.66	91.38	68.53
Additional Paid-In Capital	855.48	855.48	899.34	899.34	917.62	123.28
Retained Earnings	229.19	198.98	185.69	277.83	263.03	199.94
Total Common Equity	1,238	1,208	1,195	1,287	1,272	391.76
Minority Interest	78.99	44.59	-0.76	-0.29	-0.48	0.42
Shareholders' Equity	1,317	1,253	1,194	1,287	1,272	392.18
Total Liabilities & Equity	12,945	5,314	2,875	2,174	1,834	928.69
Total Debt	6,604	1,575	608.51	182.83	45.7	46.28
Net Cash (Debt)	-5,551	-1,284	-284.92	579.44	861.11	210.46
Net Cash Growth	-	-	-	-32.71%	309.16%	9.50%
Net Cash Per Share	-33.70	-8.35	-1.86	3.82	7.31	1.83
Filing Date Shares Outstanding	153.51	154.54	153.52	153.52	153.52	114.79
Total Common Shares Outstanding	153.51	154.54	153.52	153.52	153.52	114.79
Working Capital	-974.22	-618.22	563.01	1,101	1,248	374.28
Book Value Per Share	8.07	7.82	7.78	8.38	8.29	3.41
Tangible Book Value	1,227	1,196	1,182	1,287	1,272	391.44
Tangible Book Value Per Share	7.99	7.74	7.70	8.38	8.28	3.41
Buildings	-	-	236.67	187.78	6.77	6.77
Machinery	-	-	14.79	18.68	10.69	10.23
Construction In Progress	-	-	219.17	29.41	3.24	-

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