Tianqi Lithium Corporation (HKG:9696)

Tianqi Lithium Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	6,527	5,767	9,589	12,461	1,987	994.15
Trading Asset Securities	1,526	655.08	14.82	-	4.1	-
Cash & Short-Term Investments	8,053	6,422	9,603	12,461	1,991	994.15
Cash Growth	19.35%	-33.12%	-22.93%	525.81%	100.29%	-77.84%
Accounts Receivable	1,748	2,268	4,463	10,489	3,111	806.85
Other Receivables	48.18	288.3	481.72	605.03	422.68	161.2
Receivables	1,797	2,556	4,944	11,094	3,533	968.05
Inventory	2,644	2,289	3,151	2,144	871.76	851.04
Prepaid Expenses	-	11.73	217.16	-	-	-
Other Current Assets	1,705	1,571	1,714	291.3	74.18	41.14
Total Current Assets	14,199	12,850	19,629	25,990	6,470	2,854
Property, Plant & Equipment	21,320	18,708	17,637	12,083	10,683	11,016
Long-Term Investments	29,547	28,980	28,457	27,535	23,287	23,516
Goodwill	416.1	416.1	416.1	416.1	416.1	416.1
Other Intangible Assets	4,900	4,299	3,840	3,579	3,096	3,273
Long-Term Deferred Tax Assets	3,479	3,255	3,171	1,162	115.57	815.15
Long-Term Deferred Charges	23.63	13.63	16.21	3.86	4.52	3.45
Other Long-Term Assets	73.12	154.46	62	76.76	92.88	141.34
Total Assets	73,957	68,678	73,228	70,846	44,165	42,036
Accounts Payable	1,538	1,601	2,520	2,711	1,033	1,023
Accrued Expenses	169.02	246.61	235.39	643.46	282.5	105.83
Short-Term Debt	1,191	1,619	337.37	98.92	3,347	3,410
Current Portion of Long-Term Debt	962.46	935.33	598.89	28.41	7,589	20,958
Current Portion of Leases	-	164.44	153.86	46.04	48.94	-
Current Income Taxes Payable	151.56	203.1	2,361	3,472	686.87	230.31
Current Unearned Revenue	12.78	11.99	37.45	351.23	164.48	158.07
Other Current Liabilities	444.65	260.31	415.44	203.14	608.08	927.81
Total Current Liabilities	4,470	5,041	6,660	7,555	13,760	26,813
Long-Term Debt	14,281	11,203	9,545	8,263	10,628	6,329
Long-Term Leases	937.94	1,002	1,122	268.24	200.44	5.55
Long-Term Unearned Revenue	58.4	56.08	56.34	59.45	72.57	73.98
Pension & Post-Retirement Benefits	-	54.24	57.34	43.1	33.08	28.97
Long-Term Deferred Tax Liabilities	2,076	1,517	1,227	1,330	978.52	944.01
Other Long-Term Liabilities	734.84	621.48	323.98	259.91	340.5	408.62
Total Liabilities	22,558	19,496	18,992	17,779	26,014	34,603
Common Stock	1,641	1,641	1,641	1,641	1,477	1,477
Additional Paid-In Capital	23,753	23,769	23,737	23,297	12,289	6,769
Retained Earnings	16,394	16,125	26,245	23,870	-255.21	-2,330
Treasury Stock	-157.78	-199.99	-199.99	-199.99	-	-
Comprehensive Income & Other	773.29	556.59	96.75	-113.43	-749.14	-710.6
Total Common Equity	42,405	41,893	51,520	48,494	12,761	5,206
Minority Interest	8,994	7,290	2,717	4,574	5,390	2,226
Shareholders' Equity	51,399	49,182	54,237	53,068	18,152	7,433
Total Liabilities & Equity	73,957	68,678	73,228	70,846	44,165	42,036
Total Debt	17,373	14,923	11,757	8,705	21,814	30,702
Net Cash (Debt)	-9,320	-8,501	-2,154	3,756	-19,822	-29,708
Net Cash Per Share	-5.69	-5.18	-1.31	2.42	-13.44	-20.09
Filing Date Shares Outstanding	1,530	1,639	1,639	1,639	1,477	1,477
Total Common Shares Outstanding	1,530	1,639	1,639	1,639	1,477	1,477
Working Capital	9,729	7,809	12,969	18,435	-7,290	-23,958
Book Value Per Share	27.72	25.55	31.43	29.58	8.64	3.52
Tangible Book Value	37,089	37,177	47,264	44,499	9,250	1,517
Tangible Book Value Per Share	24.24	22.68	28.83	27.14	6.26	1.03
Land	-	129.43	75.65	66.07	62.99	17.5
Buildings	-	7,119	4,510	3,331	1,902	2,195
Machinery	-	8,661	7,283	6,915	3,797	3,492
Construction In Progress	-	5,137	7,287	3,669	6,403	6,811

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.