Tu Yi Holding Company 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	31.75	40.07	38.09	29.89	43.61	44.02
Short-Term Investments	-	5.46	2.04	2.26	1.89	2.14
Trading Asset Securities	2.5	-	3.64	3.11	-	3.02
Cash & Short-Term Investments	34.26	45.52	43.77	35.26	45.51	49.19
Cash Growth	-13.96%	4.00%	24.14%	-22.52%	-7.49%	-41.44%
Accounts Receivable	19.21	24.75	14.57	0.86	1.37	1.83
Receivables	19.21	31.28	19.02	4.6	1.37	1.83
Inventory	1.06	0.85	1.27	1.6	4.22	4.16
Prepaid Expenses	-	-	-	-	1.15	1.92
Other Current Assets	45.47	13.93	8.78	4.41	4.42	5.09
Total Current Assets	99.99	91.58	72.83	45.88	56.67	62.19
Property, Plant & Equipment	141.3	124.15	130.68	140.06	154.04	183.89
Long-Term Investments	0.47	0.49	0.01	0.01	3.18	12.05
Goodwill	-	-	-	-	0.05	0.05
Other Intangible Assets	0.26	0.26	0.33	0.4	0.48	0.62
Long-Term Deferred Tax Assets	8.05	7.85	4.9	7.58	8.29	10.26
Other Long-Term Assets	13.75	13.75	15	16.82	17.78	20.59
Total Assets	263.81	238.08	223.75	210.75	240.49	289.65
Accounts Payable	17.53	22.17	7.93	1.26	0.81	0.78
Accrued Expenses	-	5.86	4.97	4.21	6.49	4.71
Short-Term Debt	8	8	10	10	10	10
Current Portion of Long-Term Debt	11.99	13.12	14.9	17.5	18.57	19.01
Current Portion of Leases	0.16	0.45	1.05	1.15	1.35	1.41
Current Income Taxes Payable	0.02	0.56	0.58	0.59	1.64	1.59
Current Unearned Revenue	22.21	5.72	3.7	1	0.12	0.27
Other Current Liabilities	-	6.97	8.36	8.58	8.7	3.42
Total Current Liabilities	59.91	62.85	51.49	44.28	47.67	41.19
Long-Term Debt	28.12	26.21	31.22	31.6	33.45	38.17
Long-Term Leases	-	0.02	1.28	2.02	3.15	4.48
Long-Term Deferred Tax Liabilities	6.48	6.42	4.71	4.55	4.61	4.59
Total Liabilities	94.5	95.5	88.7	82.45	88.87	88.42
Common Stock	8.8	8.8	8.8	8.8	8.8	8.8
Additional Paid-In Capital	91.12	91.12	91.12	91.12	91.12	91.12
Retained Earnings	-5.66	-25.59	-35.48	-44.41	-25.4	15.19
Comprehensive Income & Other	72.76	65.98	68.39	70.84	75.1	84.04
Total Common Equity	167.02	140.3	132.83	126.35	149.62	199.15
Minority Interest	2.3	2.28	2.23	1.95	2	2.08
Shareholders' Equity	169.31	142.58	135.05	128.3	151.62	201.23
Total Liabilities & Equity	263.81	238.08	223.75	210.75	240.49	289.65
Total Debt	48.26	47.8	58.45	62.27	66.51	73.06
Net Cash (Debt)	-14.01	-2.28	-14.68	-27.01	-21.01	-23.87
Net Cash Per Share	-0.01	-0.00	-0.01	-0.03	-0.02	-0.02
Filing Date Shares Outstanding	1,000	1,000	1,000	1,000	1,000	1,000
Total Common Shares Outstanding	1,000	1,000	1,000	1,000	1,000	1,000
Working Capital	40.08	28.73	21.34	1.6	9	21
Book Value Per Share	0.17	0.14	0.13	0.13	0.15	0.20
Tangible Book Value	166.76	140.05	132.5	125.96	149.09	198.48
Tangible Book Value Per Share	0.17	0.14	0.13	0.13	0.15	0.20
Land	-	144	153.45	155.82	165.68	184
Machinery	-	11.58	3.08	2.71	2.54	2.46
Leasehold Improvements	-	0.93	0.93	0.93	0.93	0.93

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