Triangle Tyre 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	2,577	2,611	2,458	2,157	2,741	1,734
Short-Term Investments	-	-	7,525	7,562	6,529	6,091
Trading Asset Securities	0.99	1.06	0.77	0.36	0.39	0.62
Cash & Short-Term Investments	2,578	2,612	9,983	9,719	9,271	7,826
Cash Growth	27.16%	-73.84%	2.72%	4.84%	18.45%	-1.16%
Accounts Receivable	2,261	2,044	2,077	1,839	1,667	1,623
Other Receivables	2.49	1.48	1.19	1.68	5.91	43.09
Receivables	2,264	2,046	2,079	1,841	1,673	1,666
Inventory	1,457	1,477	1,193	1,110	1,399	1,345
Prepaid Expenses	-	-	-	4.27	-	-
Other Current Assets	9,205	8,959	138.32	101.55	121.22	176.31
Total Current Assets	15,503	15,094	13,393	12,775	12,464	11,014
Property, Plant & Equipment	3,574	3,635	3,967	4,268	4,593	5,131
Long-Term Investments	-	-	1,423	1,225	141.6	85.83
Other Intangible Assets	384.83	385.29	396.48	407.53	417.23	430.02
Long-Term Deferred Tax Assets	94.68	92.96	94.95	80.93	76.14	75.04
Long-Term Deferred Charges	-	-	-	-	-	1.3
Other Long-Term Assets	43.6	255.88	4.14	1.69	1.93	2.11
Total Assets	19,601	19,463	19,279	18,758	17,693	16,739
Accounts Payable	3,568	3,628	3,713	3,793	3,861	3,391
Accrued Expenses	25.86	29.63	48.67	58.46	49.87	42.52
Short-Term Debt	1,142	1,146	1,239	937.71	1,229	1,339
Current Portion of Long-Term Debt	13.05	14.31	150.13	200.18	-	-
Current Portion of Leases	-	-	17.95	4.83	25.96	26.85
Current Income Taxes Payable	62.49	59.42	48.08	67.25	39.89	13.2
Current Unearned Revenue	170.79	202.66	151.19	183.14	107.48	74.95
Other Current Liabilities	121.08	99.98	100	112.76	89.45	106.98
Total Current Liabilities	5,104	5,180	5,467	5,357	5,402	4,994
Long-Term Debt	-	-	-	150.13	200.18	-
Long-Term Leases	3.6	4.11	17.62	5.95	6.28	24.39
Long-Term Unearned Revenue	273.26	276.46	289.45	301.77	313.56	500.67
Long-Term Deferred Tax Liabilities	55	56.52	61.07	71.03	74.86	73.54
Total Liabilities	5,435	5,517	5,836	5,886	5,997	5,592
Common Stock	800	800	800	800	800	800
Additional Paid-In Capital	5,225	5,225	5,225	5,225	5,225	5,225
Retained Earnings	8,118	7,900	7,396	6,829	5,657	5,103
Comprehensive Income & Other	20.3	19.17	20.8	16.9	13.47	16.62
Total Common Equity	14,164	13,945	13,442	12,871	11,696	11,145
Minority Interest	1.57	1.65	1.31	1.04	0.79	1.15
Shareholders' Equity	14,165	13,946	13,443	12,872	11,696	11,146
Total Liabilities & Equity	19,601	19,463	19,279	18,758	17,693	16,739
Total Debt	1,159	1,165	1,425	1,299	1,461	1,390
Net Cash (Debt)	1,418	1,447	8,559	8,420	7,810	6,436
Net Cash Growth	87.61%	-83.09%	1.65%	7.82%	21.34%	0.95%
Net Cash Per Share	1.76	1.80	10.71	10.55	9.74	8.04
Filing Date Shares Outstanding	806.67	801.53	800	800	800	800
Total Common Shares Outstanding	806.67	801.53	800	800	800	800
Working Capital	10,400	9,914	7,926	7,418	7,062	6,020
Book Value Per Share	17.56	17.40	16.80	16.09	14.62	13.93
Tangible Book Value	13,779	13,559	13,045	12,464	11,278	10,715
Tangible Book Value Per Share	17.08	16.92	16.31	15.58	14.10	13.39
Land	-	-	-	-	-	51.01
Buildings	-	-	1,993	1,972	1,957	1,943
Machinery	-	-	8,447	8,404	8,203	8,114
Construction In Progress	-	-	83.53	78.99	210.88	389.3

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