Tian Tu Capital 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	885.65	1,203	1,117	613.61	1,022
Short-Term Investments	813.91	-	-	-	-
Trading Asset Securities	932.15	332.23	616.96	530.28	1,783
Cash & Short-Term Investments	2,632	1,536	1,734	1,144	2,805
Cash Growth	71.38%	-11.45%	51.60%	-59.22%	22.11%
Accounts Receivable	1.84	-	29.15	128.77	185.15
Other Receivables	-	-	-	-44.42	19.86
Receivables	1.84	-	29.15	211.38	195.11
Inventory	-	-	-	-	10.64
Other Current Assets	151.98	74.76	124.48	77.74	16.94
Total Current Assets	2,786	1,610	1,888	1,433	3,028
Property, Plant & Equipment	20.74	14.88	21.36	20.62	216.38
Long-Term Investments	10,059	12,189	14,438	16,088	14,031
Goodwill	0.06	0.06	0.06	0.06	14.41
Other Intangible Assets	-	-	-	-	15.65
Long-Term Deferred Tax Assets	279.56	26.68	14.38	9.07	28.66
Long-Term Deferred Charges	-	-	-	2.45	4.75
Other Long-Term Assets	343.83	351.79	361.9	-	0.65
Total Assets	13,489	14,193	16,724	17,553	17,339
Accounts Payable	-	-	-	-	106.73
Accrued Expenses	-	2.65	1.82	1.74	10.61
Short-Term Debt	-	-	70	85.24	343.33
Current Portion of Long-Term Debt	6.7	1,010	218.95	20.4	1,830
Current Portion of Leases	9.52	7.61	8.73	6.82	6.5
Current Income Taxes Payable	76.24	29.66	19.13	24.79	24.58
Current Unearned Revenue	0.49	25.38	42.54	62.65	77.84
Other Current Liabilities	435.11	351.21	216.22	232.22	243.84
Total Current Liabilities	528.06	1,426	577.39	433.86	2,644
Long-Term Debt	494.87	-	786.98	980.91	-
Long-Term Leases	10.71	6.56	11.52	13.83	1.11
Long-Term Deferred Tax Liabilities	135.83	1.16	119.09	200.55	7.72
Other Long-Term Liabilities	5,756	6,299	7,903	8,597	8,075
Total Liabilities	6,925	7,733	9,398	10,226	10,728
Common Stock	693.03	693.03	693.03	519.77	519.77
Additional Paid-In Capital	-	773	773	3,638	3,643
Retained Earnings	-	1,157	2,048	3,026	2,466
Comprehensive Income & Other	5,849	3,814	3,787	112.94	-100.54
Total Common Equity	6,542	6,437	7,302	7,297	6,528
Minority Interest	21.87	22.7	24.06	30.56	83.54
Shareholders' Equity	6,564	6,460	7,326	7,327	6,612
Total Liabilities & Equity	13,489	14,193	16,724	17,553	17,339
Total Debt	521.79	1,024	1,096	1,107	2,181
Net Cash (Debt)	2,110	511.88	638.01	36.69	623.73
Net Cash Growth	312.19%	-19.77%	1639.04%	-94.12%	373.00%
Net Cash Per Share	3.06	0.74	1.14	0.07	1.20
Filing Date Shares Outstanding	686.93	693.03	693.03	519.77	519.77
Total Common Shares Outstanding	686.93	693.03	693.03	519.77	519.77
Working Capital	2,257	184.3	1,310	999.15	383.93
Book Value Per Share	9.52	9.29	10.54	14.04	12.56
Tangible Book Value	6,542	6,437	7,302	7,297	6,498
Tangible Book Value Per Share	9.52	9.29	10.54	14.04	12.50
Buildings	-	-	-	-	98.54
Machinery	-	6.55	5.77	5.82	175.03
Construction In Progress	-	-	-	-	3.31
Leasehold Improvements	-	8.4	8.34	-	-

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