Shanghai Tianchen Co.,Ltd Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	373.92	253.56	476.94	478.29	193.42	264.9
Trading Asset Securities	9.63	9.6	21.89	48.74	155.8	207.32
Cash & Short-Term Investments	383.55	263.16	498.83	527.03	349.21	472.22
Cash Growth	10.14%	-47.24%	-5.35%	50.92%	-26.05%	10.18%
Accounts Receivable	24.73	44.24	25.23	36.57	3.23	2.37
Other Receivables	19.72	4.13	2.71	0.65	25.02	4.16
Receivables	44.46	48.37	27.94	37.22	28.24	6.53
Inventory	1,623	1,588	1,346	1,326	759.38	565.05
Other Current Assets	34.62	31.49	22.54	4.09	11.94	2.91
Total Current Assets	2,086	1,931	1,895	1,894	1,149	1,047
Property, Plant & Equipment	11.09	11.76	299.39	317.18	112.14	65.8
Long-Term Investments	339.09	671.96	730.21	971.81	1,346	1,697
Other Intangible Assets	17.3	17.86	83.43	86.25	56.9	57.66
Long-Term Deferred Tax Assets	59.09	55.67	48.68	29.35	3.31	2.51
Long-Term Deferred Charges	17.82	18.37	-	-	-	-
Other Long-Term Assets	309.06	320.75	57.11	60.32	63.73	67.14
Total Assets	2,839	3,028	3,114	3,359	2,731	2,937
Accounts Payable	246.62	513.66	232.55	397.08	9.15	8.52
Accrued Expenses	5.02	124.89	107.72	59.38	8.47	5.86
Short-Term Debt	-	10	-	-	-	-
Current Portion of Long-Term Debt	25	25	28.8	14.67	-	-
Current Income Taxes Payable	180.42	26.2	29.91	40.47	8.33	-0
Current Unearned Revenue	488.21	395.96	382.11	59.9	0.54	0.97
Other Current Liabilities	156.93	210.71	223.87	40.52	41.54	46.22
Total Current Liabilities	1,102	1,306	1,005	612.01	68.05	61.56
Long-Term Debt	177.4	25	369.93	391.27	-	-
Long-Term Deferred Tax Liabilities	76.17	153.78	174.83	235.77	328.57	408.34
Total Liabilities	1,356	1,485	1,550	1,239	396.62	469.9
Common Stock	686.68	686.68	686.68	686.68	686.68	686.68
Additional Paid-In Capital	0.49	0.49	0.49	53.33	53.33	53.33
Retained Earnings	573.67	389.58	364.37	561.66	563.49	443.9
Comprehensive Income & Other	222.76	466.01	513.23	672.24	897.1	1,191
Total Common Equity	1,484	1,543	1,565	1,974	2,201	2,375
Minority Interest	-0.29	-0.3	-0.28	145.98	134.01	91.95
Shareholders' Equity	1,483	1,542	1,564	2,120	2,335	2,467
Total Liabilities & Equity	2,839	3,028	3,114	3,359	2,731	2,937
Total Debt	202.4	60	398.73	405.94	-	-
Net Cash (Debt)	181.15	203.16	100.1	121.09	349.21	472.22
Net Cash Growth	-	102.96%	-17.34%	-65.33%	-26.05%	10.18%
Net Cash Per Share	0.26	0.30	0.15	0.18	0.51	0.69
Filing Date Shares Outstanding	686.68	686.68	686.68	686.68	686.68	686.68
Total Common Shares Outstanding	686.68	686.68	686.68	686.68	686.68	686.68
Working Capital	983.42	624.86	890.42	1,282	1,081	985.15
Book Value Per Share	2.16	2.25	2.28	2.87	3.20	3.46
Tangible Book Value	1,466	1,525	1,481	1,888	2,144	2,318
Tangible Book Value Per Share	2.14	2.22	2.16	2.75	3.12	3.38
Buildings	-	0.52	275.99	286.7	0.42	94.96
Machinery	-	24.49	52.22	35.11	36.96	46.78
Construction In Progress	-	5.54	7.96	14.91	91.03	-

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