Guoxia Technology Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	1,034	50.26	14.24	7.3
Short-Term Investments	26.18	3.29	0.84	0.13
Trading Asset Securities	-	89.91	7	-
Cash & Short-Term Investments	1,060	143.46	22.08	7.43
Cash Growth	639.02%	549.84%	197.32%	-
Accounts Receivable	1,359	561.95	166.54	41.59
Other Receivables	42.47	19.88	6.59	8.34
Receivables	1,410	639.58	180.28	51.53
Inventory	350.18	115.63	120.31	32.37
Other Current Assets	97.69	81.44	18.76	15.49
Total Current Assets	2,918	980.11	341.43	106.81
Property, Plant & Equipment	211.53	158.96	93.07	4.84
Long-Term Investments	6.89	4.57	1.73	-
Other Intangible Assets	4.57	1.85	1.98	-
Long-Term Deferred Tax Assets	8.08	2.59	0.38	0.07
Other Long-Term Assets	-	-	9.59	-
Total Assets	3,149	1,148	448.18	111.72
Accounts Payable	1,295	438.94	132.78	24.22
Accrued Expenses	43.38	9.2	6.78	3.37
Short-Term Debt	394.7	314.89	131.62	37.02
Current Portion of Long-Term Debt	24.82	4.16	-	1.21
Current Portion of Leases	3.79	67.57	5.7	0.1
Current Income Taxes Payable	17.4	5.93	2.56	3.07
Current Unearned Revenue	86.15	82.11	0.09	10.78
Other Current Liabilities	87	9.73	7.29	2.24
Total Current Liabilities	1,952	932.52	286.83	82.01
Long-Term Debt	119.47	19.04	-	-
Long-Term Leases	14.87	0.21	64.91	0.2
Long-Term Deferred Tax Liabilities	-	1.67	0.45	0.58
Other Long-Term Liabilities	8.97	1.85	1.33	0.15
Total Liabilities	2,095	955.28	353.51	82.94
Common Stock	102.37	30.71	16.33	6
Retained Earnings	197.55	100.03	50.91	22.78
Comprehensive Income & Other	752.68	60.94	27.4	-
Total Common Equity	1,053	191.67	94.64	28.78
Minority Interest	1.06	1.12	0.02	0.01
Shareholders' Equity	1,054	192.79	94.66	28.79
Total Liabilities & Equity	3,149	1,148	448.18	111.72
Total Debt	557.64	405.86	202.23	38.53
Net Cash (Debt)	502.55	-262.4	-180.15	-31.1
Net Cash Per Share	1.07	-0.93	-1.07	-0.54
Filing Date Shares Outstanding	511.87	317.28	168.13	57.6
Total Common Shares Outstanding	511.87	317.28	168.13	57.6
Working Capital	965.89	47.58	54.61	24.8
Book Value Per Share	2.06	0.60	0.56	0.50
Tangible Book Value	1,048	189.83	92.66	28.78
Tangible Book Value Per Share	2.05	0.60	0.55	0.50
Buildings	58.13	-	-	-
Machinery	120.05	48.3	13.8	4.55
Construction In Progress	0.8	35.02	10.53	-
Leasehold Improvements	15.03	14.77	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.