Zhejiang Tenchen Controls 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	194.06	212.43	382.17	161.27	204.12	169.67
Trading Asset Securities	30.57	126.58	3.96	4.94	7.06	13.38
Cash & Short-Term Investments	224.63	339.01	386.13	166.21	211.17	183.05
Cash Growth	-38.68%	-12.20%	132.31%	-21.29%	15.37%	-15.82%
Accounts Receivable	1,286	1,221	903.23	607.77	534.78	554.85
Other Receivables	44.47	12.61	17.92	16.36	15.26	15.9
Receivables	1,331	1,234	921.15	624.13	550.04	570.74
Inventory	370.93	345.24	483.64	415.98	344.14	408.98
Other Current Assets	110.6	97.16	97.39	70.27	58.38	76.79
Total Current Assets	2,037	2,015	1,888	1,277	1,164	1,240
Property, Plant & Equipment	1,192	1,204	1,139	987.93	896.21	838.03
Long-Term Investments	13.77	20.04	20.5	8.49	3.69	3.67
Goodwill	19.73	20.42	19.64	19.56	18.16	124.02
Other Intangible Assets	222.82	227.36	172.95	179.13	178.62	241.69
Long-Term Deferred Tax Assets	76.18	59.75	58.86	57.11	54.58	51.54
Long-Term Deferred Charges	21.16	21.78	22.85	9.69	8.86	13.64
Other Long-Term Assets	15.71	7.03	72.12	67.39	60.94	70.12
Total Assets	3,598	3,576	3,395	2,606	2,385	2,582
Accounts Payable	1,822	1,702	1,208	849.42	736.85	785.82
Accrued Expenses	124.86	40.27	100.18	51.66	43	22.36
Short-Term Debt	148.19	215.63	424.13	149.91	180.05	303.74
Current Portion of Long-Term Debt	-	130.39	126.74	86.41	2.78	-
Current Portion of Leases	-	-	8.24	11.67	9.17	14.15
Current Income Taxes Payable	-	60.53	9.17	3.13	3.54	1.61
Current Unearned Revenue	46.44	57.04	44.76	47.3	38.23	29
Other Current Liabilities	264.69	149.18	156.09	103.42	55.56	49.84
Total Current Liabilities	2,406	2,355	2,078	1,303	1,069	1,207
Long-Term Debt	151.68	209.29	388.72	344.6	291.34	220.31
Long-Term Leases	38.68	48.84	49.71	55.02	57.72	69.71
Long-Term Unearned Revenue	13.53	12.79	14.96	16.51	19.4	12.84
Long-Term Deferred Tax Liabilities	20.51	18.29	3.62	4.78	5.52	6.86
Other Long-Term Liabilities	-	-	-	-	28.73	28.73
Total Liabilities	2,631	2,644	2,535	1,724	1,472	1,545
Common Stock	397.1	397.1	397.1	397.1	397.1	370.23
Additional Paid-In Capital	964.11	962.26	972.53	976.98	975.66	853.91
Retained Earnings	-375.11	-400.22	-485.12	-468.64	-482.81	-209.57
Treasury Stock	-16.32	-16.32	-28.2	-28.2	-	-
Comprehensive Income & Other	-2.27	-10.94	3.61	4.85	22.95	22.73
Total Common Equity	967.5	931.88	859.91	882.09	912.9	1,037
Shareholders' Equity	967.5	931.88	859.91	882.09	912.9	1,037
Total Liabilities & Equity	3,598	3,576	3,395	2,606	2,385	2,582
Total Debt	338.55	604.16	997.53	647.61	541.07	607.91
Net Cash (Debt)	-113.92	-265.15	-611.41	-481.39	-329.89	-424.86
Net Cash Per Share	-0.30	-0.69	-1.55	-1.36	-0.86	-1.21
Filing Date Shares Outstanding	418.54	382.18	394.1	394.1	397.1	370.23
Total Common Shares Outstanding	418.54	382.18	394.1	394.1	397.1	370.23
Working Capital	-369.27	-339.72	-189.32	-26.32	94.55	33.03
Book Value Per Share	2.31	2.44	2.18	2.24	2.30	2.80
Tangible Book Value	724.95	684.1	667.33	683.39	716.12	671.58
Tangible Book Value Per Share	1.73	1.79	1.69	1.73	1.80	1.81
Buildings	-	-	458.38	389	381.12	298.46
Machinery	-	-	1,035	834.23	717.82	622.69
Construction In Progress	-	-	152	159.14	98.84	121.58

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