Tsaker New Energy Tech 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	335.93	266.79	287.44	189.07	180.08
Trading Asset Securities	9.36	0.91	12.88	4.62	28.61
Cash & Short-Term Investments	345.29	267.7	300.32	193.69	208.69
Cash Growth	28.99%	-10.86%	55.05%	-7.19%	102.71%
Accounts Receivable	782.16	974.24	742.01	654.78	301.89
Other Receivables	8.02	13.46	10.34	4.35	23.36
Receivables	790.18	987.71	752.36	659.13	325.25
Inventory	326.41	273.09	285.33	272.76	260.86
Restricted Cash	5.14	0.14	70.59	7.08	1.99
Other Current Assets	40.31	33.71	58.94	55.25	115.71
Total Current Assets	1,507	1,562	1,468	1,188	912.49
Property, Plant & Equipment	1,663	1,745	1,815	1,852	1,542
Long-Term Investments	38.55	49.74	69	81.16	63.24
Other Intangible Assets	4.63	5.57	6.85	7.57	17.32
Long-Term Deferred Tax Assets	155.05	116.96	67.45	28.31	33.69
Other Long-Term Assets	42.92	28.29	28.02	38.51	-
Total Assets	3,411	3,507	3,454	3,195	2,568
Accounts Payable	431.58	912.83	696.44	675.69	205.97
Accrued Expenses	-	29.04	27.39	35.55	42.72
Short-Term Debt	326.35	190.42	277.44	247.09	278
Current Portion of Long-Term Debt	1.24	16.15	21.65	14.69	24.11
Current Portion of Leases	-	0.18	0.46	0.18	0.44
Current Income Taxes Payable	18.44	8.83	19.35	20.79	48.18
Current Unearned Revenue	32.78	10.22	11.17	4.46	6.49
Other Current Liabilities	520.05	32.36	86.26	36.01	31.18
Total Current Liabilities	1,330	1,200	1,140	1,034	637.07
Long-Term Debt	16.6	1.84	18.06	38.79	13.62
Long-Term Leases	0.6	-	0.23	-	0.19
Long-Term Unearned Revenue	4.92	6.23	8.16	10.45	20.47
Long-Term Deferred Tax Liabilities	9.07	6.15	7.73	11.57	5.7
Other Long-Term Liabilities	111.43	340.16	224.52	-	-
Total Liabilities	1,473	1,554	1,399	1,095	677.06
Common Stock	62.21	63.4	65.35	65.81	66.27
Additional Paid-In Capital	22.97	73.19	164.74	261.16	375.07
Retained Earnings	1,660	1,665	1,686	1,668	1,420
Treasury Stock	-0.52	-10.44	-16.51	-4.47	-5.89
Comprehensive Income & Other	-29.36	-26.13	-4.08	47.05	19.91
Total Common Equity	1,715	1,765	1,895	2,037	1,875
Minority Interest	223.11	188.15	159.36	62.49	15.94
Shareholders' Equity	1,938	1,953	2,055	2,100	1,891
Total Liabilities & Equity	3,411	3,507	3,454	3,195	2,568
Total Debt	344.77	208.59	317.84	300.76	316.36
Net Cash (Debt)	0.52	59.11	-17.52	-107.07	-107.67
Net Cash Growth	-99.12%	-	-	-	-
Net Cash Per Share	0.00	0.06	-0.02	-0.11	-0.10
Filing Date Shares Outstanding	968.38	970.92	1,005	1,017	1,014
Total Common Shares Outstanding	968.38	970.92	1,005	1,017	1,014
Working Capital	176.9	362.33	327.36	153.44	275.42
Book Value Per Share	1.77	1.82	1.89	2.00	1.85
Tangible Book Value	1,710	1,759	1,889	2,030	1,858
Tangible Book Value Per Share	1.77	1.81	1.88	2.00	1.83
Buildings	1,137	1,118	1,097	1,044	560.59
Machinery	1,498	1,457	1,385	1,331	906.33
Construction In Progress	44.84	51.49	63.66	69.93	592.73

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