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 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	730.25	710.36	725.3	931.26	732.01	816.81
Short-Term Investments	-	-	-	-	-	15
Trading Asset Securities	58.95	20.43	75.7	10.47	-	-
Cash & Short-Term Investments	789.2	730.78	801	941.73	732.01	831.81
Cash Growth	-3.12%	-8.77%	-14.94%	28.65%	-12.00%	-21.55%
Accounts Receivable	781.91	1,082	1,044	1,200	1,070	1,221
Other Receivables	235.2	20.83	19.27	10.3	18.88	21.75
Receivables	1,017	1,103	1,064	1,211	1,089	1,242
Inventory	290.95	288.37	287.03	297.66	267.21	355.55
Prepaid Expenses	-	5.74	4.74	8.08	2.3	-
Other Current Assets	122.38	99.77	89.42	79.01	53.74	112.59
Total Current Assets	2,220	2,228	2,246	2,537	2,145	2,542
Property, Plant & Equipment	568.14	559.02	566.39	574.08	571.9	482.75
Long-Term Investments	35.3	39.57	47.95	53.97	48.52	46.94
Other Intangible Assets	110.5	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	78.77	77.38	73.06	69.58	82.17	48.6
Long-Term Deferred Charges	39.69	43.76	56.75	61.39	39.78	8.38
Other Long-Term Assets	53.8	53.98	54.31	46.21	55.61	21.37
Total Assets	3,106	3,122	3,167	3,459	3,057	3,265
Accounts Payable	1,062	1,048	1,029	1,238	903.98	1,141
Accrued Expenses	48.36	155.95	158.75	214.22	146.51	219.08
Short-Term Debt	-	-	-	2.65	80.73	90.1
Current Portion of Leases	11.27	8.23	7.84	7.05	0.55	-
Current Income Taxes Payable	11.04	0.01	-	-	-	-
Current Unearned Revenue	7.9	8.64	15.61	17	16.39	8.53
Other Current Liabilities	94.45	46.32	58.67	92.58	84	46.28
Total Current Liabilities	1,235	1,267	1,270	1,571	1,232	1,505
Long-Term Leases	16.73	20.54	26.06	5.42	9.65	10.63
Long-Term Unearned Revenue	23.97	25	28.31	18.29	21.36	6.75
Long-Term Deferred Tax Liabilities	8.37	8.78	9.99	7.41	7.76	-
Other Long-Term Liabilities	30.56	29.09	25.12	23.01	15.63	16.78
Total Liabilities	1,315	1,350	1,360	1,625	1,287	1,539
Common Stock	504.75	504.75	507.33	405.86	401	404.04
Additional Paid-In Capital	566.7	566.7	575.24	674.54	656.56	674.39
Retained Earnings	727.58	708.26	741.87	772.01	710.55	665.43
Treasury Stock	-7.19	-7.19	-17.8	-18.31	-	-20.87
Comprehensive Income & Other	-0.84	-0.4	0.23	-0.2	-	-
Total Common Equity	1,791	1,772	1,807	1,834	1,768	1,723
Minority Interest	-	-	-	-	2.31	3
Shareholders' Equity	1,791	1,772	1,807	1,834	1,770	1,726
Total Liabilities & Equity	3,106	3,122	3,167	3,459	3,057	3,265
Total Debt	28.01	28.77	33.9	15.12	90.93	100.73
Net Cash (Debt)	761.2	702.01	767.1	926.61	641.08	731.08
Net Cash Growth	-2.50%	-8.48%	-17.21%	44.54%	-12.31%	-28.34%
Net Cash Per Share	1.49	1.37	1.52	1.83	1.25	1.45
Filing Date Shares Outstanding	504.75	504.75	506.62	507.97	501.25	510
Total Common Shares Outstanding	504.75	504.75	507.33	507.32	501.25	510
Working Capital	984.44	961.07	975.64	965.82	912.39	1,038
Book Value Per Share	3.55	3.51	3.56	3.61	3.53	3.38
Tangible Book Value	1,681	1,660	1,689	1,720	1,654	1,609
Tangible Book Value Per Share	3.33	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

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