Tiande Chemical Holdings 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	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	230.94	358.21	175.61	294.67	226.35
Short-Term Investments	594.57	493.34	439.46	197.46	-
Cash & Short-Term Investments	825.51	851.55	615.06	492.13	226.35
Cash Growth	-3.06%	38.45%	24.98%	117.42%	80.63%
Accounts Receivable	325.66	377.77	431.43	792.23	512.69
Other Receivables	19.53	14.97	26.14	66.86	78.59
Receivables	345.19	392.74	457.57	859.09	591.28
Inventory	194.8	151.52	143.92	183.9	213.27
Other Current Assets	52.16	29.37	25.45	32.45	43.51
Total Current Assets	1,418	1,425	1,242	1,568	1,074
Property, Plant & Equipment	1,610	1,600	1,625	1,224	1,148
Other Intangible Assets	3.16	4.96	6.76	8.57	10.37
Long-Term Deferred Tax Assets	5.08	5.18	5.29	7.8	7.89
Other Long-Term Assets	49.32	49.41	42.83	151.97	76.49
Total Assets	3,085	3,084	2,922	2,960	2,317
Accounts Payable	29.04	37.9	35.58	49.84	47.38
Accrued Expenses	26.6	51.65	40.24	49.18	51.36
Short-Term Debt	333.75	220.13	-	45.72	154.76
Current Income Taxes Payable	4.29	13.27	2.89	71.3	93.19
Current Unearned Revenue	19.5	8.77	9.82	25.52	21.43
Other Current Liabilities	214.66	192.78	229.29	166.77	175.43
Total Current Liabilities	627.83	524.51	317.82	408.33	543.53
Long-Term Deferred Tax Liabilities	26.16	45	46.43	47.73	18.39
Total Liabilities	654	569.51	364.24	456.07	561.92
Common Stock	8.07	8.06	7.99	7.99	7.83
Additional Paid-In Capital	147.61	146.69	138.28	138.28	114.82
Retained Earnings	1,364	1,397	1,463	1,507	1,100
Comprehensive Income & Other	917.25	868.51	834.07	756.29	524.41
Total Common Equity	2,437	2,420	2,443	2,410	1,747
Minority Interest	-6.11	94.82	114.66	94.34	7.75
Shareholders' Equity	2,431	2,515	2,558	2,504	1,755
Total Liabilities & Equity	3,085	3,084	2,922	2,960	2,317
Total Debt	333.75	220.13	-	45.72	154.76
Net Cash (Debt)	491.76	631.42	615.06	446.41	71.59
Net Cash Growth	-22.12%	2.66%	37.78%	523.57%	-
Net Cash Per Share	0.56	0.72	0.70	0.51	0.08
Filing Date Shares Outstanding	878.42	877.42	869.42	869.42	851.95
Total Common Shares Outstanding	878.42	877.42	869.42	869.42	851.95
Working Capital	789.83	900.68	924.18	1,159	530.87
Book Value Per Share	2.77	2.76	2.81	2.77	2.05
Tangible Book Value	2,434	2,415	2,436	2,401	1,737
Tangible Book Value Per Share	2.77	2.75	2.80	2.76	2.04
Buildings	547.44	509.65	466.07	350.48	332.21
Machinery	2,165	1,982	1,682	1,371	1,272
Construction In Progress	126.49	159.13	354.26	248.91	185.27

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