TBEA Co., Ltd. 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	27,770	25,688	28,180	25,371	16,304	20,948
Short-Term Investments	-	921.01	2,259	2,041	48.09	37.61
Trading Asset Securities	274.26	271.26	763.87	615.26	1,180	1,303
Cash & Short-Term Investments	28,044	26,880	31,203	28,028	17,532	22,289
Cash Growth	-1.06%	-13.86%	11.33%	59.87%	-21.34%	4.46%
Accounts Receivable	35,039	31,381	29,071	27,847	28,156	25,091
Other Receivables	1,252	3,374	2,967	2,987	2,914	2,455
Receivables	36,292	34,755	32,038	30,834	31,069	27,546
Inventory	22,836	21,388	16,220	14,424	14,187	9,752
Prepaid Expenses	-	8.83	12.69	10.57	14.75	5.33
Other Current Assets	9,711	4,905	4,455	3,462	6,461	5,378
Total Current Assets	96,883	87,937	83,929	76,758	69,264	64,970
Property, Plant & Equipment	111,771	107,436	96,702	87,526	73,378	53,420
Long-Term Investments	6,632	6,638	4,854	6,349	8,554	4,921
Goodwill	562.97	468.23	260.37	129.64	129.64	129.64
Other Intangible Assets	14,468	14,097	13,309	12,158	12,201	6,005
Long-Term Deferred Tax Assets	2,609	2,429	2,408	1,732	1,603	1,124
Long-Term Deferred Charges	2,983	2,997	3,056	2,020	1,190	1,108
Other Long-Term Assets	5,495	5,148	3,440	5,225	4,694	3,908
Total Assets	241,403	227,150	207,957	191,898	171,014	135,586
Accounts Payable	54,084	50,980	49,926	41,003	34,932	27,152
Accrued Expenses	1,430	3,825	2,887	2,351	3,208	2,978
Short-Term Debt	3,283	3,625	2,144	3,181	2,472	2,574
Current Portion of Long-Term Debt	6,487	6,328	6,464	5,709	6,239	4,610
Current Portion of Leases	-	33.72	12.01	59.46	23.19	23.77
Current Income Taxes Payable	1,072	569.43	619.94	643.78	857.25	1,065
Current Unearned Revenue	8,028	7,524	7,429	7,058	6,651	4,887
Other Current Liabilities	5,490	3,875	3,721	3,370	3,080	2,865
Total Current Liabilities	79,874	76,761	73,203	63,375	57,463	46,156
Long-Term Debt	46,225	38,618	34,349	33,046	24,963	25,967
Long-Term Leases	476.7	582.66	349.53	313.16	243.88	148.01
Long-Term Unearned Revenue	2,193	2,213	2,128	1,782	1,513	1,425
Long-Term Deferred Tax Liabilities	1,149	1,234	833.29	836.22	973.53	490.45
Other Long-Term Liabilities	6,659	6,888	6,787	4,814	5,438	878.05
Total Liabilities	136,577	126,296	117,650	104,166	90,594	75,064
Common Stock	5,053	5,053	5,053	5,053	3,885	3,789
Additional Paid-In Capital	11,470	11,125	10,863	10,833	12,189	11,559
Retained Earnings	52,152	50,337	45,764	42,719	36,433	22,873
Treasury Stock	-600.07	-600.07	-600.07	-600.07	-457.33	-
Comprehensive Income & Other	8,582	8,477	6,417	4,558	5,905	5,968
Total Common Equity	76,656	74,392	67,497	62,563	57,955	44,189
Minority Interest	28,169	26,462	22,811	25,169	22,464	16,333
Shareholders' Equity	104,825	100,854	90,307	87,732	80,420	60,522
Total Liabilities & Equity	241,403	227,150	207,957	191,898	171,014	135,586
Total Debt	56,472	49,187	43,319	42,308	33,941	33,323
Net Cash (Debt)	-28,428	-22,308	-12,116	-14,280	-16,409	-11,034
Net Cash Per Share	-5.66	-4.44	-2.41	-3.21	-3.31	-2.27
Filing Date Shares Outstanding	5,020	5,020	5,020	5,020	5,025	4,925
Total Common Shares Outstanding	5,020	5,020	5,020	5,020	5,021	4,925
Working Capital	17,009	11,177	10,726	13,383	11,801	18,814
Book Value Per Share	14.33	13.92	12.65	12.06	10.86	8.13
Tangible Book Value	61,625	59,827	53,928	50,275	45,624	38,054
Tangible Book Value Per Share	11.34	11.02	9.95	9.62	8.41	6.88
Buildings	-	44,527	38,575	32,074	24,910	20,682
Machinery	-	76,471	70,445	63,268	53,433	43,345
Construction In Progress	-	18,096	14,099	14,362	15,127	6,309

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