Zhejiang Tion Vanly Tech. 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
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	126.37	153.84	187.67	103.69	44.21
Trading Asset Securities	0.67	0.68	0.75	1	-
Cash & Short-Term Investments	127.04	154.52	188.41	104.69	44.21
Cash Growth	187.36%	-17.99%	79.97%	136.82%	-
Accounts Receivable	613.33	576.31	498.34	531.12	425.01
Other Receivables	2.7	2.31	9.46	7.72	4.34
Receivables	616.03	578.61	507.8	538.84	429.35
Inventory	198.64	219.43	226.01	250.42	188.86
Other Current Assets	32.36	26.12	15.03	17.52	33.45
Total Current Assets	974.07	978.69	937.26	911.47	695.88
Property, Plant & Equipment	1,050	1,017	813.3	678.64	553.05
Other Intangible Assets	120.5	87.44	89.66	72.39	82.11
Long-Term Deferred Tax Assets	14.19	14.07	10.03	7.16	8.52
Long-Term Deferred Charges	1.43	1.52	1.54	0.85	1.59
Other Long-Term Assets	15.7	19.66	105.87	47.13	45.51
Total Assets	2,176	2,119	1,958	1,718	1,387
Accounts Payable	356.75	309.4	388.99	173.33	216.06
Accrued Expenses	21.63	63.57	60.38	57.22	38.47
Short-Term Debt	387.62	386.07	393.75	625.33	453.35
Current Portion of Long-Term Debt	37.1	21.79	2.66	-	10.52
Current Portion of Leases	-	6.28	7.79	5.72	3.7
Current Income Taxes Payable	20.63	13.53	8.8	4.43	6.91
Current Unearned Revenue	18.2	19.4	14.05	2	8
Other Current Liabilities	4.82	66.62	71.11	63.96	8.09
Total Current Liabilities	846.74	886.66	947.52	931.98	745.1
Long-Term Debt	174.15	119.98	90.26	10	0.88
Long-Term Leases	13.71	15.73	20.92	20.33	16.11
Long-Term Unearned Revenue	24.69	24.09	3.9	2.24	2.18
Other Long-Term Liabilities	-	-	-	1	1
Total Liabilities	1,059	1,046	1,063	965.56	765.27
Common Stock	255.3	255.3	255.3	255.3	255.3
Additional Paid-In Capital	254.54	254.54	254.54	257.39	257.39
Retained Earnings	586.69	542.57	365.84	205.06	78.61
Total Common Equity	1,097	1,052	875.68	717.76	591.31
Minority Interest	20.12	19.91	19.37	34.34	30.09
Shareholders' Equity	1,117	1,072	895.04	752.09	621.39
Total Liabilities & Equity	2,176	2,119	1,958	1,718	1,387
Total Debt	612.57	549.85	515.38	661.38	484.55
Net Cash (Debt)	-485.53	-395.33	-326.97	-556.69	-440.35
Net Cash Per Share	-1.90	-1.54	-1.28	-2.20	-1.74
Filing Date Shares Outstanding	255.3	340.4	255.3	252.9	252.42
Total Common Shares Outstanding	255.3	255.3	255.3	252.9	252.42
Working Capital	127.32	92.03	-10.27	-20.51	-49.22
Book Value Per Share	4.30	4.12	3.43	2.84	2.34
Tangible Book Value	976.03	964.96	786.02	645.37	509.19
Tangible Book Value Per Share	3.82	3.78	3.08	2.55	2.02
Buildings	-	389.15	360.04	283.73	187.82
Machinery	-	1,032	915.63	811.51	737.76
Construction In Progress	-	336.69	177.22	126.31	76.07

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