Suzhou TZTEK Technology 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	640.18	1,196	498.71	372.28	346.37	331.32
Short-Term Investments	-	-	64.85	84.05	34.9	101.41
Trading Asset Securities	605.87	-	-	13.05	21.12	295.6
Cash & Short-Term Investments	1,246	1,196	563.56	469.38	402.39	728.33
Cash Growth	239.99%	112.26%	20.06%	16.65%	-44.75%	-35.49%
Accounts Receivable	720.25	920.9	776.78	664.78	601.41	489.73
Other Receivables	2.15	7.08	3.9	5	3.28	4.92
Receivables	722.39	927.98	780.67	669.78	604.68	494.64
Inventory	1,505	1,190	883.81	862.53	878.99	687.32
Other Current Assets	69.07	124.87	26.85	19.28	41.27	39.96
Total Current Assets	3,543	3,439	2,255	2,021	1,927	1,950
Property, Plant & Equipment	567.28	566.83	596.96	585.97	491.49	271.06
Long-Term Investments	128.97	131.65	114.57	101.49	92.08	69.78
Goodwill	90.54	94.02	85.92	89.73	84.75	91.57
Other Intangible Assets	240.79	252.12	214.39	150.94	111.69	83.86
Long-Term Accounts Receivable	-	-	130.13	88.05	75.35	42.89
Long-Term Deferred Tax Assets	130	125.9	84.79	52.73	47.91	28.52
Long-Term Deferred Charges	159.57	147.13	131.65	137.71	93.46	48.51
Other Long-Term Assets	154.09	155.98	2.54	0.62	4.04	5.01
Total Assets	5,014	4,913	3,616	3,228	2,928	2,591
Accounts Payable	898	817.82	530.54	575.21	524.35	492.22
Accrued Expenses	40.6	119.23	124.47	101.71	95	88.84
Short-Term Debt	80.05	103.53	97.07	95.08	186.11	151.89
Current Portion of Long-Term Debt	543.96	475.17	217.67	63.06	-	0.5
Current Portion of Leases	-	-	0.45	0.25	0.44	-
Current Income Taxes Payable	2.73	27.07	13.22	7.62	4.07	5.43
Current Unearned Revenue	377.29	274.82	162.83	184.03	170.74	135.44
Other Current Liabilities	22.65	19.93	14.79	19.8	15.2	5.88
Total Current Liabilities	1,965	1,838	1,161	1,047	995.92	880.21
Long-Term Debt	967.05	995.62	464.93	202.3	195.43	127.94
Long-Term Leases	1.27	1.51	0.68	0.43	0.64	0.84
Long-Term Unearned Revenue	27.74	28.87	31.59	34.86	31.68	28
Long-Term Deferred Tax Liabilities	24.41	25.88	19.25	20.57	17.6	11.98
Other Long-Term Liabilities	2.44	2.53	3.24	3.16	2.93	2.63
Total Liabilities	2,988	2,892	1,681	1,308	1,244	1,052
Common Stock	194.32	194.32	193.6	192.45	194.7	193.6
Additional Paid-In Capital	1,272	1,266	1,221	1,185	1,213	1,150
Retained Earnings	537.96	533.26	553.33	543.37	385.63	309.52
Treasury Stock	-30.03	-30.03	-30.03	-	-99.91	-109.65
Comprehensive Income & Other	35.12	41.94	-7.64	-0.74	-9.31	-3.65
Total Common Equity	2,009	2,006	1,930	1,920	1,684	1,540
Minority Interest	16.64	15.44	4.74	-	-	-
Shareholders' Equity	2,026	2,021	1,935	1,920	1,684	1,540
Total Liabilities & Equity	5,014	4,913	3,616	3,228	2,928	2,591
Total Debt	1,592	1,576	780.8	361.11	382.63	281.18
Net Cash (Debt)	-346.27	-379.63	-217.24	108.27	19.77	447.15
Net Cash Growth	-	-	-	447.69%	-95.58%	-57.95%
Net Cash Per Share	-1.69	-1.85	-1.13	0.56	0.10	2.35
Filing Date Shares Outstanding	192.41	193.03	192.38	191.23	191.42	190
Total Common Shares Outstanding	192.41	193.03	192.38	192.45	191.42	190
Working Capital	1,578	1,602	1,094	974.21	931.41	1,070
Book Value Per Share	10.44	10.39	10.03	9.98	8.80	8.10
Tangible Book Value	1,678	1,659	1,630	1,679	1,487	1,364
Tangible Book Value Per Share	8.72	8.60	8.47	8.73	7.77	7.18
Buildings	-	-	561.58	541.86	306.74	146.05
Machinery	-	-	171.31	130.07	98.2	76.03
Construction In Progress	-	-	8.2	15.38	159.16	109.71

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