Zhejiang Tengen Electrics Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	442.28	710.36	725.3	931.26	732.01	816.81
Short-Term Investments	-	-	-	-	-	15
Trading Asset Securities	127.42	20.43	75.7	10.47	-	-
Cash & Short-Term Investments	569.7	730.78	801	941.73	732.01	831.81
Cash Growth	-15.14%	-8.77%	-14.94%	28.65%	-12.00%	-21.55%
Accounts Receivable	1,141	1,082	1,044	1,200	1,070	1,221
Other Receivables	17.18	20.83	19.27	10.3	18.88	21.75
Receivables	1,158	1,103	1,064	1,211	1,089	1,242
Inventory	288.95	288.37	287.03	297.66	267.21	355.55
Prepaid Expenses	-	5.74	4.74	8.08	2.3	-
Other Current Assets	158.67	99.77	89.42	79.01	53.74	112.59
Total Current Assets	2,175	2,228	2,246	2,537	2,145	2,542
Property, Plant & Equipment	573.38	559.02	566.39	574.08	571.9	482.75
Long-Term Investments	39.82	39.57	47.95	53.97	48.52	46.94
Other Intangible Assets	120.31	112.4	117.4	113.52	113.91	114.28
Long-Term Accounts Receivable	-	8.34	4.85	3.46	0.54	0.15
Long-Term Deferred Tax Assets	82.42	77.38	73.06	69.58	82.17	48.6
Long-Term Deferred Charges	35.12	43.76	56.75	61.39	39.78	8.38
Other Long-Term Assets	50.37	53.98	54.31	46.21	55.61	21.37
Total Assets	3,077	3,122	3,167	3,459	3,057	3,265

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	1,122	1,048	1,029	1,238	903.98	1,141
Accrued Expenses	55.81	155.95	158.75	214.22	146.51	219.08
Short-Term Debt	-	-	-	2.65	80.73	90.1
Current Portion of Long-Term Debt	12.41	-	-	-	-	-
Current Portion of Leases	-	8.23	7.84	7.05	0.55	-
Current Income Taxes Payable	9.1	0.01	-	-	-	-
Current Unearned Revenue	14.54	8.64	15.61	17	16.39	8.53
Other Current Liabilities	94.81	46.32	58.67	92.58	84	46.28
Total Current Liabilities	1,308	1,267	1,270	1,571	1,232	1,505
Long-Term Leases	14.09	20.54	26.06	5.42	9.65	10.63
Long-Term Unearned Revenue	22.89	25	28.31	18.29	21.36	6.75
Long-Term Deferred Tax Liabilities	8.24	8.78	9.99	7.41	7.76	-
Other Long-Term Liabilities	30.06	29.09	25.12	23.01	15.63	16.78
Total Liabilities	1,384	1,350	1,360	1,625	1,287	1,539

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	502.43	504.75	507.33	405.86	401	404.04
Additional Paid-In Capital	563.2	566.7	575.24	674.54	656.56	674.39
Retained Earnings	691.65	708.26	741.87	772.01	710.55	665.43
Treasury Stock	-63.21	-7.19	-17.8	-18.31	-	-20.87
Comprehensive Income & Other	-1.27	-0.4	0.23	-0.2	-	-
Total Common Equity	1,693	1,772	1,807	1,834	1,768	1,723
Minority Interest	-	-	-	-	2.31	3
Shareholders' Equity	1,693	1,772	1,807	1,834	1,770	1,726
Total Liabilities & Equity	3,077	3,122	3,167	3,459	3,057	3,265

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	26.49	28.77	33.9	15.12	90.93	100.73
Net Cash (Debt)	543.21	702.01	767.1	926.61	641.08	731.08
Net Cash Growth	-15.07%	-8.48%	-17.21%	44.54%	-12.31%	-28.34%
Net Cash Per Share	1.09	1.37	1.52	1.83	1.25	1.45
Filing Date Shares Outstanding	484.57	504.75	506.62	507.97	501.25	510
Total Common Shares Outstanding	484.57	504.75	507.33	507.32	501.25	510
Working Capital	866.66	961.07	975.64	965.82	912.39	1,038
Book Value Per Share	3.49	3.51	3.56	3.61	3.53	3.38
Tangible Book Value	1,572	1,660	1,689	1,720	1,654	1,609
Tangible Book Value Per Share	3.25	3.29	3.33	3.39	3.30	3.15
Buildings	-	456.91	453.89	454.84	409.16	313.85
Machinery	-	460.56	435.88	432.69	399.11	310.42
Construction In Progress	-	36.55	13.99	5.28	55.11	111.06