Tieliu 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	500.17	560.14	456.39	642.21	548.67	534.29
Short-Term Investments	-	86.99	22.07	10.76	-	-
Trading Asset Securities	247.65	239.98	280.56	92.73	83.27	61.91
Cash & Short-Term Investments	747.82	887.11	759.01	745.71	631.94	596.2
Cash Growth	-5.98%	16.88%	1.79%	18.00%	6.00%	12.35%
Accounts Receivable	519.63	464.86	480.1	364.95	334.28	435.67
Other Receivables	7.23	6.3	7.43	6.17	6.34	16
Receivables	526.86	471.16	487.53	371.12	340.61	451.67
Inventory	418.54	389.88	396.38	418.34	412.44	509.16
Other Current Assets	110.56	121.24	134.48	108.73	117.26	119.49
Total Current Assets	1,804	1,869	1,777	1,644	1,502	1,677
Property, Plant & Equipment	831.17	858.23	884.81	911.98	862.82	799.04
Long-Term Investments	20.21	92.42	132.6	47.95	17.07	17.62
Goodwill	16.32	16.32	16.32	16.32	19.14	19.14
Other Intangible Assets	118.81	121.13	126.54	130.84	126.13	118.89
Long-Term Deferred Tax Assets	46.11	44.3	26.61	19.33	11.41	21.43
Long-Term Deferred Charges	4.88	5.29	3.94	3.38	3.35	2.93
Other Long-Term Assets	187.28	44.47	75.36	44.1	51.09	50.89
Total Assets	3,029	3,052	3,044	2,818	2,593	2,706
Accounts Payable	724.23	658.5	689.35	584.24	505.03	575.72
Accrued Expenses	28.82	61.33	66.13	60.39	54.8	84.47
Short-Term Debt	112.3	171.94	173.51	96.06	66.83	65.93
Current Portion of Long-Term Debt	24.17	13.89	34.33	46.47	46.1	25.38
Current Portion of Leases	-	13.39	13.51	9.88	7.5	6.69
Current Income Taxes Payable	16.36	8.88	12.74	10.67	6.31	10.52
Current Unearned Revenue	30.2	36.27	22.93	22.45	20.59	21.12
Other Current Liabilities	153.95	164.07	118.08	77.09	36.4	105.06
Total Current Liabilities	1,090	1,128	1,131	907.25	743.56	894.89
Long-Term Debt	53.22	59.11	70.55	95.23	108.51	117.99
Long-Term Leases	51.65	54.61	66.46	73.48	82.3	84.76
Long-Term Unearned Revenue	46.73	48.69	42.19	33.75	32.68	28.42
Long-Term Deferred Tax Liabilities	3.19	3.64	9.14	10.35	10.16	26.43
Other Long-Term Liabilities	2.6	2.67	1.57	0.91	1.43	2.52
Total Liabilities	1,247	1,297	1,320	1,121	978.65	1,155
Common Stock	234.72	234.72	235.1	229.53	229.53	176.56
Additional Paid-In Capital	610.66	609.57	605.12	579.16	579.16	632.13
Retained Earnings	926.19	896.55	880.2	864.81	791.77	742.87
Treasury Stock	-16.71	-16.71	-25.45	-	-	-
Comprehensive Income & Other	-5.11	-1.97	-11.29	-6.12	-15.26	-23.86
Total Common Equity	1,750	1,722	1,684	1,667	1,585	1,528
Minority Interest	31.37	32.41	39.42	29.43	29.42	23.74
Shareholders' Equity	1,781	1,755	1,723	1,697	1,615	1,551
Total Liabilities & Equity	3,029	3,052	3,044	2,818	2,593	2,706
Total Debt	241.34	312.94	358.36	321.13	311.25	300.76
Net Cash (Debt)	506.48	574.17	400.65	424.58	320.7	295.44
Net Cash Growth	15.98%	43.31%	-5.63%	32.39%	8.55%	-7.38%
Net Cash Per Share	2.14	2.45	1.75	1.86	1.38	1.37
Filing Date Shares Outstanding	234.72	234.72	235.1	229.53	229.53	229.53
Total Common Shares Outstanding	234.72	234.72	235.1	229.53	229.53	229.53
Working Capital	713.74	741.12	646.83	736.65	758.69	781.64
Book Value Per Share	7.45	7.34	7.16	7.26	6.91	6.66
Tangible Book Value	1,615	1,585	1,541	1,520	1,440	1,390
Tangible Book Value Per Share	6.88	6.75	6.55	6.62	6.27	6.05
Buildings	-	586.75	592.57	545.61	512.7	455.46
Machinery	-	943.03	833.73	762.86	706.47	631.38
Construction In Progress	-	21.33	48.9	112	55.58	57.25