Guangdong Tianan New Material Co., Ltd. (SHA:603725)

SHA:603725 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	398.36	281.69	404.82	448.87	343.62	275.89
Trading Asset Securities	105.17	50.07	3.03	10	-	30.01
Cash & Short-Term Investments	503.53	331.75	407.86	458.87	343.62	305.9
Cash Growth	34.58%	-18.66%	-11.12%	33.54%	12.33%	93.75%
Accounts Receivable	674.19	627.35	616.23	547.51	789.97	353.76
Other Receivables	21.2	22.3	37.54	31.18	55.48	5.2
Receivables	695.39	649.65	653.77	578.68	845.45	358.96
Inventory	536.38	533.31	452.96	516.55	461.16	160.98
Prepaid Expenses	-	6.61	9.94	1.77	5.79	1.51
Other Current Assets	44.4	60.69	40.94	56.81	30.77	16.41
Total Current Assets	1,780	1,582	1,565	1,613	1,687	843.75
Property, Plant & Equipment	600.91	613.28	637.68	690.23	731.99	506.34
Long-Term Investments	117.48	103.77	82.96	55.91	62.86	63.01
Goodwill	174.45	174.45	163.47	163.47	252.13	-
Other Intangible Assets	157.51	166.61	175.32	187.2	199.41	40.06
Long-Term Deferred Tax Assets	103.53	103.5	101.79	115.8	79.3	8.61
Long-Term Deferred Charges	43.75	44.52	33.2	33.27	29.18	4.62
Other Long-Term Assets	56.23	65.38	60.93	5.57	11.35	7.88
Total Assets	3,034	2,854	2,821	2,864	3,053	1,474
Accounts Payable	468.47	470.63	479.41	497.21	432.22	123.17
Accrued Expenses	41.05	65.17	94.22	89.39	86.98	24.06
Short-Term Debt	541.26	575.81	485.71	666.36	715.52	433.7
Current Portion of Long-Term Debt	132.06	125.32	152.71	103.94	68.22	16.04
Current Portion of Leases	-	3.63	6.63	9.92	12.11	-
Current Income Taxes Payable	20.07	6.4	0.97	5.89	6.37	-
Current Unearned Revenue	177.94	170.99	192.28	239.39	259.46	2.89
Other Current Liabilities	218.96	209.2	222.65	208.75	201.77	2.54
Total Current Liabilities	1,600	1,627	1,635	1,821	1,783	602.41
Long-Term Debt	392.64	270.13	285.59	375.26	379.56	30.26
Long-Term Leases	13.03	14.86	16	11.17	17.82	-
Long-Term Unearned Revenue	15.37	11.23	11.53	13.48	16.71	18.25
Long-Term Deferred Tax Liabilities	23.39	24.73	26.43	24.79	26.72	-
Total Liabilities	2,046	1,948	1,974	2,246	2,223	650.92
Common Stock	304.86	304.86	218.35	207.77	209.44	205.35
Additional Paid-In Capital	291.36	291.36	372.96	316.74	295.82	363.59
Retained Earnings	261.18	193.76	129.52	8.58	174.05	252.7
Treasury Stock	-30.03	-30.03	-	-9.04	-15.3	-
Total Common Equity	827.38	759.96	720.84	524.04	664.01	821.64
Minority Interest	160.23	145.49	125.84	94.54	165.54	1.7
Shareholders' Equity	987.6	905.44	846.68	618.58	829.55	823.34
Total Liabilities & Equity	3,034	2,854	2,821	2,864	3,053	1,474
Total Debt	1,079	989.74	946.65	1,167	1,193	480
Net Cash (Debt)	-575.46	-657.99	-538.79	-707.78	-849.61	-174.11
Net Cash Per Share	-1.88	-2.15	-1.83	-2.41	-2.92	-0.62
Filing Date Shares Outstanding	299.56	301.21	305.69	287.49	287.49	287.49
Total Common Shares Outstanding	299.56	301.21	305.69	287.49	287.49	287.49
Working Capital	179.89	-45.13	-69.13	-208.17	-95.86	241.33
Book Value Per Share	2.76	2.52	2.36	1.82	2.31	2.86
Tangible Book Value	495.41	418.9	382.05	173.37	212.48	781.58
Tangible Book Value Per Share	1.65	1.39	1.25	0.60	0.74	2.72
Buildings	-	430.97	428.92	428.89	428.69	270.73
Machinery	-	821.17	805	767.54	721.87	460.55
Construction In Progress	3.96	2.77	2.37	24.65	29.57	6.34

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.