Xinjiang Tianye Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1,954	1,945	1,720	2,536	4,892	1,624
Trading Asset Securities	260	120.78	160.96	531.24	-	-
Cash & Short-Term Investments	2,214	2,066	1,881	3,067	4,892	1,624
Cash Growth	47.34%	9.84%	-38.68%	-37.30%	201.23%	133.04%
Accounts Receivable	219.28	189.08	424.87	484.84	1,825	1,917
Other Receivables	13.11	2.42	5.44	0.53	2,428	73.87
Receivables	232.39	191.5	430.31	485.37	4,253	1,991
Inventory	975.38	842.83	830.48	812.34	1,451	951.79
Prepaid Expenses	-	-	-	0	0.35	0.12
Other Current Assets	333.24	349.37	305.41	233.92	193.93	116.89
Total Current Assets	3,755	3,450	3,447	4,599	10,790	4,683
Property, Plant & Equipment	14,285	14,395	14,424	13,605	12,509	9,754
Long-Term Investments	1,466	1,464	1,340	1,229	1,363	875.7
Other Intangible Assets	1,026	1,034	1,072	1,090	1,113	744.77
Long-Term Deferred Tax Assets	4.32	4.32	5.73	12.31	19.87	10.69
Long-Term Deferred Charges	165.53	189.56	150.37	70.61	71.86	67.74
Other Long-Term Assets	74.17	61.83	87.19	459.45	277.01	83.83
Total Assets	20,776	20,598	20,526	21,065	26,143	16,220
Accounts Payable	2,864	3,077	2,964	2,636	2,449	1,632
Accrued Expenses	134.19	159.94	162.96	126.83	224.71	148.28
Short-Term Debt	500.32	200.13	507.15	960.35	1,981	1,044
Current Portion of Long-Term Debt	1,253	1,171	1,257	1,299	83	1,694
Current Portion of Leases	-	-	-	-	2.65	5.54
Current Income Taxes Payable	82.86	12.97	41.02	11.94	27.17	76.06
Current Unearned Revenue	579.89	576.46	629.69	410.99	527.52	266.03
Other Current Liabilities	229.45	188.17	236.77	147.59	621.57	731.39
Total Current Liabilities	5,643	5,386	5,799	5,593	5,917	5,598
Long-Term Debt	5,560	5,854	5,314	6,160	7,215	597.99
Long-Term Leases	0.52	0.52	0.28	-	42.09	47.33
Long-Term Unearned Revenue	112.97	116.47	65.35	34.36	51.38	45.56
Long-Term Deferred Tax Liabilities	0.85	0.85	18.88	19.45	26.57	20.82
Total Liabilities	11,586	11,358	11,197	11,807	13,253	6,309
Common Stock	1,708	1,707	1,707	1,707	1,707	1,698
Additional Paid-In Capital	1,657	1,655	1,652	1,651	3,397	1,869
Retained Earnings	5,463	5,523	5,614	5,545	6,492	5,971
Comprehensive Income & Other	354.57	348.57	349.41	347.75	364.25	27.78
Total Common Equity	9,183	9,233	9,322	9,252	11,960	9,566
Minority Interest	6.69	6.69	6.64	6.6	930.78	345.09
Shareholders' Equity	9,189	9,240	9,329	9,258	12,890	9,911
Total Liabilities & Equity	20,776	20,598	20,526	21,065	26,143	16,220
Total Debt	7,314	7,226	7,078	8,419	9,324	3,389
Net Cash (Debt)	-5,100	-5,160	-5,198	-5,352	-4,433	-1,765
Net Cash Per Share	-2.60	-2.71	-3.04	-3.11	-2.60	-1.14
Filing Date Shares Outstanding	1,974	1,707	1,707	1,707	1,707	1,707
Total Common Shares Outstanding	1,974	1,707	1,707	1,707	1,707	1,698
Working Capital	-1,888	-1,936	-2,352	-994	4,873	-914.46
Book Value Per Share	4.65	5.41	5.46	5.42	7.00	5.63
Tangible Book Value	8,157	8,199	8,251	8,162	10,847	8,821
Tangible Book Value Per Share	4.13	4.80	4.83	4.78	6.35	5.20
Buildings	-	8,173	7,869	7,387	7,251	5,236
Machinery	-	19,302	18,697	17,020	16,658	11,487
Construction In Progress	-	1,069	1,200	1,814	600.87	193.26

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