Guangdong Provincial Academy of Building Research Group Co., Ltd. (SHE:301632)

SHE:301632 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	791.28	1,146	742.53	722.31	769.37	893.25
Short-Term Investments	-	30.03	-	-	-	-
Trading Asset Securities	160.25	75.12	45.17	60	135	130
Cash & Short-Term Investments	951.52	1,251	787.71	782.31	904.37	1,023
Cash Growth	-28.98%	58.86%	0.69%	-13.50%	-11.62%	-11.94%
Accounts Receivable	995.57	912.1	770.42	650.32	485.19	279.62
Other Receivables	23.55	24.67	23.94	22.82	21.4	19.32
Receivables	1,019	936.77	794.35	673.14	506.59	298.94
Inventory	47.66	42.06	34.74	34.77	48.08	58.77
Prepaid Expenses	-	24.52	11.85	12.86	8.44	-
Other Current Assets	72.17	14.32	23.61	18.23	15.07	18.31
Total Current Assets	2,090	2,269	1,652	1,521	1,483	1,399
Property, Plant & Equipment	718.46	739.7	645.28	569.08	513.61	542.15
Long-Term Investments	30.91	36.36	36.97	49.6	69.5	56.06
Other Intangible Assets	345.24	347.67	348.11	353.18	358.19	368.84
Long-Term Deferred Tax Assets	84.4	76.94	64.04	47.46	37.79	29.88
Long-Term Deferred Charges	20.04	18.43	12.99	16.06	25.84	29.38
Other Long-Term Assets	166.01	141.9	27.08	42.19	4.28	9.17
Total Assets	3,456	3,630	2,787	2,599	2,492	2,435

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	315.48	385.2	313.49	254.98	160.83	143.94
Accrued Expenses	24.29	65.84	46.3	59.87	74.69	70.95
Current Portion of Leases	11.83	14.69	12.27	13.38	13.04	-
Current Income Taxes Payable	8.6	17.43	20.02	14.5	9.66	10.9
Current Unearned Revenue	214.25	208.12	230.96	211.28	217.02	216.55
Other Current Liabilities	114.46	107.52	81.14	64.86	50.55	80.23
Total Current Liabilities	688.92	798.8	704.17	618.88	525.79	522.57
Long-Term Leases	33.22	39.79	35.45	26.11	28.78	35.34
Long-Term Unearned Revenue	1.16	1.23	1.2	1.26	1.33	3.14
Long-Term Deferred Tax Liabilities	2.21	3.01	2.8	4.26	7.15	5.13
Total Liabilities	725.5	842.82	743.62	650.5	563.05	566.19

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	418.56	418.56	313.9	313.9	313.9	313.9
Additional Paid-In Capital	1,371	1,371	846.56	846.56	846.56	846.56
Retained Earnings	912.59	962.88	846.66	739.53	703.11	679.07
Comprehensive Income & Other	7.48	12.23	12.8	23.54	40.45	29.03
Total Common Equity	2,710	2,765	2,020	1,924	1,904	1,869
Minority Interest	20.34	22.41	23.18	24.84	24.7	-
Shareholders' Equity	2,730	2,787	2,043	1,948	1,929	1,869
Total Liabilities & Equity	3,456	3,630	2,787	2,599	2,492	2,435

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	45.05	54.48	47.72	39.49	41.83	35.34
Net Cash (Debt)	906.47	1,197	739.99	742.82	862.54	987.9
Net Cash Growth	-30.00%	61.74%	-0.38%	-13.88%	-12.69%	-14.90%
Net Cash Per Share	3.26	3.40	2.35	2.37	2.75	3.14
Filing Date Shares Outstanding	418.56	418.56	313.9	313.9	313.9	313.9
Total Common Shares Outstanding	418.56	418.56	313.9	313.9	313.9	313.9
Working Capital	1,402	1,470	948.09	902.43	956.76	876.71
Book Value Per Share	6.47	6.61	6.43	6.13	6.07	5.95
Tangible Book Value	2,364	2,417	1,672	1,570	1,546	1,500
Tangible Book Value Per Share	5.65	5.77	5.33	5.00	4.92	4.78
Buildings	-	356.51	356.51	356.51	356.51	-
Machinery	-	425.66	403.93	350.72	340.6	-
Construction In Progress	-	261.3	154.89	78.33	2.34	-

Data Source: S&P Global Market Intelligence Last updated: Oct 21, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 7, 2026

Data Sources Report a data error