Tibet Tourism 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	431.39	645.44	506.53	388.72	428.72	575.36
Trading Asset Securities	261.63	60.49	232.35	380.4	102.67	100.17
Cash & Short-Term Investments	693.02	705.93	738.89	769.12	531.39	675.54
Cash Growth	4.18%	-4.46%	-3.93%	44.74%	-21.34%	24.71%
Accounts Receivable	27.04	18.76	15.75	23.47	32.62	35.89
Other Receivables	23.14	29.17	10.69	9.6	9.76	10.84
Receivables	50.18	47.93	26.44	33.07	42.38	46.73
Inventory	9.51	9.2	9.83	8.41	6.87	6.79
Other Current Assets	15.74	4.16	43.64	10.23	6	5.38
Total Current Assets	768.45	767.22	818.8	820.83	586.65	734.44
Property, Plant & Equipment	305.43	307.32	304.84	292.66	294.58	295.38
Long-Term Investments	0.58	0.58	-	-	-	-
Other Intangible Assets	349.41	353.92	360.22	382.85	395.23	411.72
Long-Term Deferred Tax Assets	2.16	2.16	2.22	1.42	0.04	-
Long-Term Deferred Charges	18.36	19.13	22.6	40.51	44.59	51.05
Other Long-Term Assets	3.18	3.05	7.68	2.85	42.36	40.59
Total Assets	1,448	1,453	1,516	1,541	1,363	1,533
Accounts Payable	35.95	20.12	15.97	14.25	12.23	66.11
Accrued Expenses	5.29	7.56	5.83	7.67	5.68	5.07
Short-Term Debt	100	71.06	100.06	180.18	40	124.15
Current Portion of Long-Term Debt	31.32	29.12	70.28	34.4	64.4	10.43
Current Portion of Leases	-	4.9	2.99	0.62	0.25	0.24
Current Income Taxes Payable	0.39	0	0.61	0.54	-	0
Current Unearned Revenue	5.69	19.7	27.74	41.7	26.55	50.32
Other Current Liabilities	60.45	72.4	96.17	83.44	100.16	53.72
Total Current Liabilities	239.1	224.86	319.65	362.8	249.27	310.04
Long-Term Debt	145.14	145.09	137.19	151.64	115.99	193.72
Long-Term Leases	16.12	16.12	13.02	4.77	0.25	0.5
Long-Term Unearned Revenue	1.81	1.83	1.92	0.39	0.51	0.64
Long-Term Deferred Tax Liabilities	1.85	1.85	1.68	0.49	0.04	-
Total Liabilities	404.02	389.76	473.46	520.08	366.06	504.89
Common Stock	226.97	226.97	226.97	226.97	226.97	226.97
Additional Paid-In Capital	967.92	967.92	972.52	973.08	971.19	971.51
Retained Earnings	-123.74	-103.74	-127.02	-143.7	-158.21	-128.83
Treasury Stock	-31.48	-31.48	-31.48	-38.16	-43.97	-43.97
Comprehensive Income & Other	0.49	0.3	0.19	0.4	-	-
Total Common Equity	1,040	1,060	1,041	1,019	995.98	1,026
Minority Interest	3.39	3.66	1.73	2.46	1.42	2.62
Shareholders' Equity	1,044	1,064	1,043	1,021	997.4	1,028
Total Liabilities & Equity	1,448	1,453	1,516	1,541	1,363	1,533
Total Debt	292.58	266.3	323.54	371.61	220.89	329.03
Net Cash (Debt)	400.45	439.63	415.34	397.52	310.5	346.51
Net Cash Growth	10.15%	5.85%	4.48%	28.02%	-10.39%	-5.75%
Net Cash Per Share	1.80	1.97	1.86	1.76	1.40	1.56
Filing Date Shares Outstanding	222.95	222.68	210.16	222.2	222.2	222.2
Total Common Shares Outstanding	222.95	222.68	210.16	222.2	222.2	222.2
Working Capital	529.36	542.35	499.15	458.04	337.38	424.4
Book Value Per Share	4.67	4.76	4.95	4.58	4.48	4.62
Tangible Book Value	690.75	706.04	680.95	635.74	600.75	613.95
Tangible Book Value Per Share	3.10	3.17	3.24	2.86	2.70	2.76
Buildings	-	293.7	292.18	295.97	281.85	280.88
Machinery	-	114.33	112.25	102.84	96.36	92.93
Construction In Progress	-	25.63	18.35	9.82	20.68	8.7

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