Zhejiang Tony Electronic 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	209.99	126.63	163.8	178.31	106.65	358.54
Cash & Short-Term Investments	209.99	126.63	163.8	178.31	106.65	358.54
Cash Growth	231.93%	-22.69%	-8.14%	67.19%	-70.25%	186.81%
Accounts Receivable	577.42	615.5	615.54	879.48	870.51	674.84
Other Receivables	15.52	26.31	60.15	42.76	89.04	25.95
Receivables	592.94	641.81	675.7	922.24	959.55	700.79
Inventory	700.67	680.17	588.7	508.56	553.16	329.42
Other Current Assets	39.38	22.54	24.7	103.5	53.89	26.58
Total Current Assets	1,543	1,471	1,453	1,713	1,673	1,415
Property, Plant & Equipment	2,579	2,601	2,792	2,735	1,765	1,185
Other Intangible Assets	55.73	56.39	58.27	60.43	60.82	67.21
Long-Term Deferred Tax Assets	280.19	269.62	240.36	200.97	57.38	41.89
Long-Term Deferred Charges	94.61	97.98	99.65	53.26	25.14	0.9
Other Long-Term Assets	400.37	427.74	444.78	539.4	702.63	560.86
Total Assets	4,953	4,924	5,088	5,301	4,284	3,272
Accounts Payable	1,094	1,244	1,211	845.41	418.12	407.2
Accrued Expenses	21.27	44	34.45	31.74	21.22	21.67
Short-Term Debt	1,227	1,064	653.17	296.4	315.96	424.96
Current Portion of Long-Term Debt	141.84	314.24	613.29	1,101	280.12	263.7
Current Portion of Leases	-	12.43	7.5	16.93	14.82	-
Current Income Taxes Payable	6.91	-	-	-	-	-
Current Unearned Revenue	128.32	128.64	84.34	40.59	81.49	41.21
Other Current Liabilities	234.53	44.28	70.89	154.33	134.45	25.87
Total Current Liabilities	2,854	2,852	2,675	2,487	1,266	1,185
Long-Term Debt	226.52	249.66	536.73	895.46	913.01	409.9
Long-Term Leases	11.04	15.56	22.95	37.59	63.62	-
Long-Term Unearned Revenue	31.27	129.08	69.06	53.47	14.23	34.45
Long-Term Deferred Tax Liabilities	20.16	21.23	32.62	38.84	44.1	43.62
Other Long-Term Liabilities	136.18	13.03	-	-	-	-
Total Liabilities	3,279	3,281	3,336	3,512	2,301	1,673
Common Stock	232.44	232.44	232.44	232.44	232.44	232.44
Additional Paid-In Capital	1,584	1,584	1,584	1,584	1,292	1,088
Retained Earnings	-295.85	-319.64	-252.36	-263.88	354.22	278.52
Total Common Equity	1,520	1,497	1,564	1,552	1,878	1,599
Minority Interest	153.05	146.65	187.52	237.17	104.27	-
Shareholders' Equity	1,674	1,643	1,751	1,790	1,983	1,599
Total Liabilities & Equity	4,953	4,924	5,088	5,301	4,284	3,272
Total Debt	1,606	1,656	1,834	2,348	1,588	1,099
Net Cash (Debt)	-1,396	-1,529	-1,670	-2,169	-1,481	-740.02
Net Cash Per Share	-5.79	-6.47	-7.25	-9.32	-6.38	-3.54
Filing Date Shares Outstanding	232.44	232.44	232.44	232.44	232.44	232.44
Total Common Shares Outstanding	232.44	232.44	232.44	232.44	232.44	232.44
Working Capital	-1,311	-1,381	-1,222	-773.92	407.08	230.72
Book Value Per Share	6.54	6.44	6.73	6.68	8.08	6.88
Tangible Book Value	1,465	1,440	1,506	1,492	1,818	1,532
Tangible Book Value Per Share	6.30	6.20	6.48	6.42	7.82	6.59
Buildings	-	653.68	648.46	586.46	571.22	505.49
Machinery	-	2,518	2,276	1,827	1,325	750.34
Construction In Progress	-	415.99	609.57	844.31	199.91	218.27

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