TPSRF Balance Sheet

Financials in millions CNY. Fiscal year is March - February.

Millions CNY. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '25 Aug 31, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021
Cash & Equivalents	2,538	2,587	1,956	2,357	1,753	1,229
Trading Asset Securities	-	-	-	20	-	-
Cash & Short-Term Investments	2,538	2,587	1,956	2,377	1,753	1,229
Cash Growth	-10.62%	32.28%	-17.72%	35.65%	42.63%	-56.49%
Accounts Receivable	934.9	751.9	1,330	1,055	1,107	2,177
Other Receivables	332.1	317.5	446.8	540.4	717.5	443.5
Receivables	1,267	1,069	1,776	1,595	1,824	2,621
Inventory	5,834	6,004	6,284	6,247	6,686	6,211
Other Current Assets	3,035	1,326	542.9	1,881	717	379.4
Total Current Assets	12,674	10,986	10,559	12,101	10,980	10,440
Property, Plant & Equipment	2,159	2,360	2,460	3,158	4,109	4,644
Long-Term Investments	45.9	45.9	45.9	-	-	-
Goodwill	1,006	1,006	1,006	1,002	1,002	1,002
Other Intangible Assets	33	40.3	53.9	71	90.5	87.2
Long-Term Deferred Tax Assets	269.9	257.2	204.6	238.9	305	266
Other Long-Term Assets	183.2	207.3	214.9	249.3	1,309	1,266
Total Assets	16,370	14,903	14,544	16,821	17,796	17,706
Accounts Payable	304.5	343.4	387.1	991	926.7	445.4
Accrued Expenses	-	379	464.4	438	786.9	797.9
Short-Term Debt	3,900	2,130	720.1	1,545	518.2	1,337
Current Portion of Leases	1,062	813.5	890	1,181	1,086	1,320
Current Income Taxes Payable	384.4	268.2	261.7	360.1	696.5	807.2
Current Unearned Revenue	-	166.7	223.7	241	318	265.3
Other Current Liabilities	736.7	395.3	399.5	512.5	540	452.9
Total Current Liabilities	6,388	4,496	3,347	5,268	4,873	5,426
Long-Term Leases	760.2	1,121	1,098	1,481	1,970	2,329
Long-Term Deferred Tax Liabilities	248.6	226	249	237.4	372.1	245.6
Total Liabilities	7,397	5,844	4,694	6,987	7,215	8,001
Additional Paid-In Capital	19,326	19,326	19,326	19,326	21,187	22,737
Retained Earnings	7,951	8,030	8,853	8,872	7,842	5,395
Comprehensive Income & Other	-18,303	-18,298	-18,330	-18,365	-18,447	-18,426
Total Common Equity	8,975	9,059	9,849	9,834	10,582	9,706
Minority Interest	-0.9	0.2	1.5	-	-	-
Shareholders' Equity	8,974	9,059	9,850	9,834	10,582	9,706
Total Liabilities & Equity	16,370	14,903	14,544	16,821	17,796	17,706
Total Debt	5,723	4,065	2,708	4,207	3,575	4,986
Net Cash (Debt)	-3,184	-1,478	-752.2	-1,830	-1,822	-3,758
Net Cash Per Share	-0.51	-0.24	-0.12	-0.30	-0.29	-0.61
Filing Date Shares Outstanding	6,201	6,201	6,201	6,201	6,201	6,201
Total Common Shares Outstanding	6,201	6,201	6,201	6,201	6,201	6,201
Working Capital	6,286	6,490	7,213	6,833	6,108	5,015
Book Value Per Share	1.45	1.46	1.59	1.59	1.71	1.57
Tangible Book Value	7,936	8,013	8,790	8,760	9,489	8,616
Tangible Book Value Per Share	1.28	1.29	1.42	1.41	1.53	1.39
Machinery	-	322.1	324.8	333.8	332.4	296.7
Leasehold Improvements	-	3,241	3,240	3,011	3,020	2,959

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