Xinjiang Tianye 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	1,945	1,720	2,536	4,892	1,624
Trading Asset Securities	120.78	160.96	531.24	-	-
Cash & Short-Term Investments	2,066	1,881	3,067	4,892	1,624
Cash Growth	9.84%	-38.68%	-37.30%	201.23%	133.04%
Accounts Receivable	189.08	424.87	484.84	1,825	1,917
Other Receivables	25.39	5.44	0.53	2,428	73.87
Receivables	214.47	430.31	485.37	4,253	1,991
Inventory	842.83	830.48	812.34	1,451	951.79
Prepaid Expenses	-	0	0	0.35	0.12
Other Current Assets	326.39	305.41	233.92	193.93	116.89
Total Current Assets	3,450	3,447	4,599	10,790	4,683
Property, Plant & Equipment	14,395	14,424	13,605	12,509	9,754
Long-Term Investments	1,464	1,340	1,229	1,363	875.7
Other Intangible Assets	1,034	1,072	1,090	1,113	744.77
Long-Term Deferred Tax Assets	4.32	5.73	12.31	19.87	10.69
Long-Term Deferred Charges	189.56	150.37	70.61	71.86	67.74
Other Long-Term Assets	61.83	87.19	459.45	277.01	83.83
Total Assets	20,598	20,526	21,065	26,143	16,220
Accounts Payable	3,077	2,964	2,636	2,449	1,632
Accrued Expenses	130.78	162.96	126.83	224.71	148.28
Short-Term Debt	200.13	507.15	960.35	1,981	1,044
Current Portion of Long-Term Debt	1,171	1,257	1,299	83	1,694
Current Portion of Leases	-	-	-	2.65	5.54
Current Income Taxes Payable	40.39	41.02	11.94	27.17	76.06
Current Unearned Revenue	576.46	629.69	410.99	527.52	266.03
Other Current Liabilities	189.91	236.77	147.59	621.57	731.39
Total Current Liabilities	5,386	5,799	5,593	5,917	5,598
Long-Term Debt	5,622	5,314	6,160	7,215	597.99
Long-Term Leases	0.52	0.28	-	42.09	47.33
Long-Term Unearned Revenue	116.47	65.35	34.36	51.38	45.56
Long-Term Deferred Tax Liabilities	0.85	18.88	19.45	26.57	20.82
Other Long-Term Liabilities	232.45	-	-	-	-
Total Liabilities	11,358	11,197	11,807	13,253	6,309
Common Stock	1,707	1,707	1,707	1,707	1,698
Additional Paid-In Capital	1,655	1,652	1,651	3,397	1,869
Retained Earnings	5,523	5,614	5,545	6,492	5,971
Comprehensive Income & Other	348.57	349.41	347.75	364.25	27.78
Total Common Equity	9,233	9,322	9,252	11,960	9,566
Minority Interest	6.69	6.64	6.6	930.78	345.09
Shareholders' Equity	9,240	9,329	9,258	12,890	9,911
Total Liabilities & Equity	20,598	20,526	21,065	26,143	16,220
Total Debt	6,994	7,078	8,419	9,324	3,389
Net Cash (Debt)	-4,928	-5,198	-5,352	-4,433	-1,765
Net Cash Per Share	-2.59	-3.04	-3.11	-2.60	-1.14
Filing Date Shares Outstanding	2,478	1,707	1,707	1,707	1,707
Total Common Shares Outstanding	2,478	1,707	1,707	1,707	1,698
Working Capital	-1,936	-2,352	-994	4,873	-914.46
Book Value Per Share	3.73	5.46	5.42	7.00	5.63
Tangible Book Value	8,199	8,251	8,162	10,847	8,821
Tangible Book Value Per Share	3.31	4.83	4.78	6.35	5.20
Buildings	-	7,869	7,387	7,251	5,236
Machinery	-	18,697	17,020	16,658	11,487
Construction In Progress	-	1,200	1,814	600.87	193.26

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.