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	Sep '26 Sep 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	467.03	710.36	725.3	931.26	732.01	816.81
Short-Term Investments	-	-	-	-	-	15
Trading Asset Securities	87.03	20.43	75.7	10.47	-	-
Cash & Short-Term Investments	554.06	730.78	801	941.73	732.01	831.81
Cash Growth	-25.32%	-8.77%	-14.94%	28.65%	-12.00%	-21.55%
Accounts Receivable	1,220	1,082	1,044	1,200	1,070	1,221
Other Receivables	16.79	20.83	19.27	10.3	18.88	21.75
Receivables	1,237	1,103	1,064	1,211	1,089	1,242
Inventory	308.36	288.37	287.03	297.66	267.21	355.55
Prepaid Expenses	-	5.74	4.74	8.08	2.3	-
Other Current Assets	143.13	99.77	89.42	79.01	53.74	112.59
Total Current Assets	2,242	2,228	2,246	2,537	2,145	2,542
Property, Plant & Equipment	560.62	559.02	566.39	574.08	571.9	482.75
Long-Term Investments	40.4	39.57	47.95	53.97	48.52	46.94
Other Intangible Assets	118.32	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	83.88	77.38	73.06	69.58	82.17	48.6
Long-Term Deferred Charges	30.92	43.76	56.75	61.39	39.78	8.38
Other Long-Term Assets	48.9	53.98	54.31	46.21	55.61	21.37
Total Assets	3,125	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	Sep '26 Sep 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	1,168	1,048	1,029	1,238	903.98	1,141
Accrued Expenses	64.95	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	11.36	-	-	-	-	-
Current Portion of Leases	-	8.23	7.84	7.05	0.55	-
Current Income Taxes Payable	13.15	0.01	-	-	-	-
Current Unearned Revenue	9.82	8.64	15.61	17	16.39	8.53
Other Current Liabilities	87.12	46.32	58.67	92.58	84	46.28
Total Current Liabilities	1,355	1,267	1,270	1,571	1,232	1,505
Long-Term Leases	13.42	20.54	26.06	5.42	9.65	10.63
Long-Term Unearned Revenue	21.8	25	28.31	18.29	21.36	6.75
Long-Term Deferred Tax Liabilities	7.97	8.78	9.99	7.41	7.76	-
Other Long-Term Liabilities	30.24	29.09	25.12	23.01	15.63	16.78
Total Liabilities	1,428	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	Sep '26 Sep 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	719.99	708.26	741.87	772.01	710.55	665.43
Treasury Stock	-86.62	-7.19	-17.8	-18.31	-	-20.87
Comprehensive Income & Other	-1.57	-0.4	0.23	-0.2	-	-
Total Common Equity	1,697	1,772	1,807	1,834	1,768	1,723
Minority Interest	-	-	-	-	2.31	3
Shareholders' Equity	1,697	1,772	1,807	1,834	1,770	1,726
Total Liabilities & Equity	3,125	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	Sep '26 Sep 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	24.78	28.77	33.9	15.12	90.93	100.73
Net Cash (Debt)	529.27	702.01	767.1	926.61	641.08	731.08
Net Cash Growth	-25.54%	-8.48%	-17.21%	44.54%	-12.31%	-28.34%
Net Cash Per Share	1.01	1.37	1.52	1.83	1.25	1.45
Filing Date Shares Outstanding	587.54	504.75	506.62	507.97	501.25	510
Total Common Shares Outstanding	587.54	504.75	507.33	507.32	501.25	510
Working Capital	887.81	961.07	975.64	965.82	912.39	1,038
Book Value Per Share	2.89	3.51	3.56	3.61	3.53	3.38
Tangible Book Value	1,579	1,660	1,689	1,720	1,654	1,609
Tangible Book Value Per Share	2.69	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