Talent Property Group Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	71.32	122.6	119.26	76.86	222.25	109.99
Trading Asset Securities	-	-	-	-	7.92	-
Cash & Short-Term Investments	71.32	122.6	119.26	76.86	230.17	109.99
Cash Growth	-41.23%	2.80%	55.16%	-66.61%	109.26%	-43.47%
Accounts Receivable	0.42	2.3	0.97	2.61	4.68	6.8
Other Receivables	32.98	17.22	18.2	30.93	15.36	127.54
Receivables	33.4	19.52	19.17	33.54	20.05	134.34
Inventory	1,736	1,883	2,184	2,875	2,677	2,386
Prepaid Expenses	-	-	-	133.48	198.7	-
Restricted Cash	11.72	28.1	-	-	-	-
Other Current Assets	28.52	49.94	73.54	-	4.09	657.3
Total Current Assets	1,881	2,103	2,396	3,119	3,130	3,287
Property, Plant & Equipment	11.99	8.32	10.86	11.33	8.63	6.11
Long-Term Investments	135.02	134.45	238.69	346.14	482.54	351.55
Other Intangible Assets	2.93	3.12	3.51	-	-	-
Long-Term Deferred Tax Assets	-	-	-	1.12	7.05	20.27
Other Long-Term Assets	413.1	448.4	500.1	553.05	592.19	601.39
Total Assets	2,444	2,697	3,149	4,031	4,221	4,267
Accounts Payable	167.02	254.78	377.65	518.58	456.05	475.63
Accrued Expenses	0.98	1.28	1.1	1.66	1.16	1.61
Short-Term Debt	-	-	-	-	-	64.72
Current Portion of Long-Term Debt	-	-	16.72	91.36	268.68	60.71
Current Portion of Leases	1.91	-	2.02	1.73	1.51	1.84
Current Income Taxes Payable	388.52	389.1	400.14	372.73	338.29	342.04
Current Unearned Revenue	239.04	358.73	378.27	773.77	826.14	529.46
Other Current Liabilities	40.55	39.91	87.52	91.36	145.48	386.19
Total Current Liabilities	838.02	1,044	1,263	1,851	2,037	1,862
Long-Term Debt	33.26	33.26	106.54	347.1	294.06	619.11
Long-Term Leases	3.03	-	-	2.02	3.75	-
Long-Term Deferred Tax Liabilities	112.98	122.23	143.09	160.18	176.96	187.78
Total Liabilities	987.28	1,199	1,513	2,360	2,512	2,669
Common Stock	4.7	4.7	37.63	37.63	37.63	37.63
Additional Paid-In Capital	3,318	3,318	3,285	3,285	3,285	3,285
Retained Earnings	-1,624	-1,585	-1,446	-1,412	-1,373	-1,335
Comprehensive Income & Other	-241.97	-239.86	-240.79	-240.09	-240.79	-240.67
Total Common Equity	1,457	1,498	1,635	1,670	1,708	1,747
Minority Interest	0.2	0.2	0.2	0.2	0.2	-149.36
Shareholders' Equity	1,457	1,498	1,636	1,670	1,709	1,598
Total Liabilities & Equity	2,444	2,697	3,149	4,031	4,221	4,267
Total Debt	38.19	33.26	125.28	442.21	568	746.39
Net Cash (Debt)	33.13	89.35	-6.02	-365.35	-337.83	-636.39
Net Cash Per Share	0.06	0.17	-0.01	-0.71	-0.66	-1.24
Filing Date Shares Outstanding	514.66	514.66	514.66	514.66	514.66	514.66
Total Common Shares Outstanding	514.66	514.66	514.66	514.66	514.66	514.66
Working Capital	1,043	1,059	1,132	1,268	1,093	1,425
Book Value Per Share	2.83	2.91	3.18	3.24	3.32	3.39
Tangible Book Value	1,454	1,495	1,632	1,670	1,708	1,747
Tangible Book Value Per Share	2.82	2.90	3.17	3.24	3.32	3.39
Machinery	-	20.06	22.59	19.77	11.97	11.37
Leasehold Improvements	-	10.04	10.04	8.72	8.71	8.71

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