Zhejiang Tengen Electrics 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	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	711.71	725.3	931.26	732.01	816.81	1,060
Short-Term Investments	-	-	-	-	15	-
Trading Asset Securities	30.24	75.7	10.47	-	-	-
Cash & Short-Term Investments	741.95	801	941.73	732.01	831.81	1,060
Cash Growth	-7.66%	-14.94%	28.65%	-12.00%	-21.55%	177.71%
Accounts Receivable	1,199	1,044	1,200	1,070	1,221	1,188
Other Receivables	17.27	19.27	10.3	18.88	21.75	8.1
Receivables	1,216	1,064	1,211	1,089	1,242	1,196
Inventory	253.83	287.03	297.66	267.21	355.55	306.7
Prepaid Expenses	-	4.74	8.08	2.3	-	-
Other Current Assets	103.8	89.42	79.01	53.74	112.59	71.1
Total Current Assets	2,316	2,246	2,537	2,145	2,542	2,634
Property, Plant & Equipment	554.1	566.39	574.08	571.9	482.75	347.89
Long-Term Investments	49.27	47.95	53.97	48.52	46.94	-
Other Intangible Assets	112.92	117.4	113.52	113.91	114.28	116.34
Long-Term Accounts Receivable	-	4.85	3.46	0.54	0.15	-
Long-Term Deferred Tax Assets	73.02	73.06	69.58	82.17	48.6	38.2
Long-Term Deferred Charges	46.4	56.75	61.39	39.78	8.38	8.36
Other Long-Term Assets	69.52	54.31	46.21	55.61	21.37	19.91
Total Assets	3,221	3,167	3,459	3,057	3,265	3,165
Accounts Payable	1,136	1,029	1,238	903.98	1,141	1,072
Accrued Expenses	71.46	158.75	214.22	146.51	219.08	275.87
Short-Term Debt	-	-	2.65	80.73	90.1	40.05
Current Portion of Leases	10.02	7.84	7.05	0.55	-	-
Current Income Taxes Payable	14.51	-	-	-	-	6.5
Current Unearned Revenue	12.83	15.61	17	16.39	8.53	3.93
Other Current Liabilities	107.26	58.67	92.58	84	46.28	12.77
Total Current Liabilities	1,352	1,270	1,571	1,232	1,505	1,411
Long-Term Leases	21.12	26.06	5.42	9.65	10.63	-
Long-Term Unearned Revenue	24.39	28.31	18.29	21.36	6.75	2.81
Long-Term Deferred Tax Liabilities	8.83	9.99	7.41	7.76	-	-
Other Long-Term Liabilities	29.22	25.12	23.01	15.63	16.78	16.46
Total Liabilities	1,436	1,360	1,625	1,287	1,539	1,430
Common Stock	504.75	507.33	405.86	401	404.04	401
Additional Paid-In Capital	566.7	575.24	674.54	656.56	674.39	655.63
Retained Earnings	721.15	741.87	772.01	710.55	665.43	677.72
Treasury Stock	-7.19	-17.8	-18.31	-	-20.87	-
Comprehensive Income & Other	-0.1	0.23	-0.2	-	-	-
Total Common Equity	1,785	1,807	1,834	1,768	1,723	1,734
Minority Interest	-	-	-	2.31	3	-
Shareholders' Equity	1,785	1,807	1,834	1,770	1,726	1,734
Total Liabilities & Equity	3,221	3,167	3,459	3,057	3,265	3,165
Total Debt	31.14	33.9	15.12	90.93	100.73	40.05
Net Cash (Debt)	710.81	767.1	926.61	641.08	731.08	1,020
Net Cash Growth	-10.36%	-17.21%	44.54%	-12.31%	-28.34%	305.19%
Net Cash Per Share	1.44	1.52	1.83	1.25	1.45	2.31
Filing Date Shares Outstanding	504.75	506.62	507.97	501.25	510	501.25
Total Common Shares Outstanding	504.75	507.33	507.32	501.25	510	501.25
Working Capital	963.64	975.64	965.82	912.39	1,038	1,223
Book Value Per Share	3.54	3.56	3.61	3.53	3.38	3.46
Tangible Book Value	1,672	1,689	1,720	1,654	1,609	1,618
Tangible Book Value Per Share	3.31	3.33	3.39	3.30	3.15	3.23
Buildings	-	453.89	454.84	409.16	313.85	313.85
Machinery	-	435.88	432.69	399.11	310.42	249.2
Construction In Progress	-	13.99	5.28	55.11	111.06	22.88

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