Tanwan Inc. (HKG:9890)

Tanwan Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	694.08	375.95	514.96	486.89	213.42	693.61
Short-Term Investments	59.53	602.79	581.93	79.68	235.65	174.39
Trading Asset Securities	3,404	2,893	430.53	412.8	799.81	50.04
Cash & Short-Term Investments	4,158	3,872	1,527	979.36	1,249	918.04
Cash Growth	136.96%	153.47%	55.96%	-21.58%	36.04%	54.22%
Accounts Receivable	335.26	334.4	275.44	334.68	443.8	271.09
Other Receivables	-	-	-	-	-	95
Receivables	335.26	334.4	275.44	335.99	443.8	366.09
Inventory	5.09	0.71	2.86	2.91	4.42	1.02
Prepaid Expenses	944.29	381.59	441.27	445.64	259.24	129.55
Restricted Cash	31.53	0.61	33.98	4.93	10.39	25.86
Other Current Assets	292.02	613.38	1,683	2,295	3,651	2,351
Total Current Assets	5,766	5,202	3,964	4,064	5,617	3,792
Property, Plant & Equipment	435.19	456.29	301.22	446.41	259.4	234.64
Long-Term Investments	535.93	980.3	526.56	466.66	273.18	299.35
Goodwill	-	-	-	27.92	42.5	42.5
Other Intangible Assets	41.68	18.05	11.12	15.25	43.73	33.83
Long-Term Deferred Tax Assets	-	-	117.52	109.31	47.86	40.92
Other Long-Term Assets	799.86	725.45	643	2,139	3,513	2,094
Total Assets	7,578	7,382	5,564	7,268	9,799	6,558

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	416.82	451.21	475.53	466.07	523.65	560.1
Accrued Expenses	-	373.25	305.94	742.58	662.8	612.5
Short-Term Debt	1,575	1,338	1,730	3,020	6,196	3,512
Current Portion of Leases	24	15.38	4.74	39.62	21.25	27.79
Current Income Taxes Payable	486.21	485.66	471.45	416.28	247.8	146.87
Current Unearned Revenue	-	44.5	48.97	85.4	117.71	-
Other Current Liabilities	358.06	66.78	64.86	65.96	120.71	330.62
Total Current Liabilities	2,860	2,775	3,101	4,836	7,890	5,190
Long-Term Leases	39.74	52.8	39.47	153.18	190.75	182.51
Long-Term Deferred Tax Liabilities	329.98	269.4	-	-	-	-
Other Long-Term Liabilities	-	-	-	3.05	9.15	11.71
Total Liabilities	3,229	3,097	3,141	4,992	8,090	5,384

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.08	0.08	0.08	0.08	0.07	-
Retained Earnings	-	1,249	-237.5	-233.88	-419.37	-933.43
Treasury Stock	-181.35	-114.8	-0	-0	-0	-
Comprehensive Income & Other	4,400	3,052	2,636	2,520	2,151	2,111
Total Common Equity	4,219	4,186	2,399	2,287	1,732	1,178
Minority Interest	130.05	99.36	24.53	-10.74	-22.72	-3.48
Shareholders' Equity	4,349	4,285	2,423	2,276	1,709	1,174
Total Liabilities & Equity	7,578	7,382	5,564	7,268	9,799	6,558

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	1,638	1,406	1,774	3,213	6,408	3,722
Net Cash (Debt)	2,519	2,465	-246.44	-2,234	-5,159	-2,804
Net Cash Growth	310.46%	-	-	-	-	-
Net Cash Per Share	4.73	4.62	-0.47	-4.36	-96.39	-
Filing Date Shares Outstanding	512.2	525.48	516.98	516.98	53.26	-
Total Common Shares Outstanding	512.2	525.48	516.98	516.98	53.26	-
Working Capital	2,906	2,427	863.11	-772.22	-2,272	-1,398
Book Value Per Share	8.24	7.97	4.64	4.42	32.52	-
Tangible Book Value	4,177	4,168	2,387	2,243	1,646	1,101
Tangible Book Value Per Share	8.16	7.93	4.62	4.34	30.90	-
Buildings	-	39.37	63.81	63.81	39.37	-
Machinery	-	62.43	62.42	51.31	46.72	36.28
Construction In Progress	-	203.52	0.46	1.57	-	-
Leasehold Improvements	-	38.42	37.81	31.79	39.25	35.28

Data Source: S&P Global Market Intelligence Last updated: Aug 25, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Sep 9, 2026

Data Sources Report a data error