Tianneng Battery Group 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	16,030	16,487	18,725	11,336	11,104	10,273
Trading Asset Securities	2,732	2,966	686	220	240	1,471
Cash & Short-Term Investments	18,762	19,452	19,411	11,556	11,344	11,744
Cash Growth	-10.23%	0.21%	67.98%	1.86%	-3.41%	117.89%
Accounts Receivable	6,634	5,486	3,628	4,222	4,337	2,741
Other Receivables	32.92	28.04	23.02	21.53	39.06	41.96
Receivables	6,667	5,514	3,651	4,244	4,376	2,783
Inventory	6,538	5,537	6,549	5,698	5,627	3,709
Prepaid Expenses	-	1.02	0.55	3.68	3.7	1.74
Other Current Assets	929.68	587.74	738.31	937.09	966.42	718.5
Total Current Assets	32,896	31,092	30,350	22,438	22,317	18,957
Property, Plant & Equipment	11,092	11,160	11,712	10,959	7,095	5,371
Long-Term Investments	128.38	125.11	112.71	186.47	136.48	60.52
Goodwill	0.5	0.5	0.5	0.5	0.5	0.5
Other Intangible Assets	1,056	1,045	1,045	1,065	1,094	958.13
Long-Term Deferred Tax Assets	980.25	953.24	868.62	872.5	780.86	641.7
Long-Term Deferred Charges	8.09	6.66	6.44	9.46	9.38	6.04
Other Long-Term Assets	132.68	139.66	192.27	300.68	944.22	682.12
Total Assets	46,294	44,522	44,288	35,832	32,378	26,677
Accounts Payable	15,831	15,748	11,974	8,152	9,057	6,322
Accrued Expenses	349.87	1,854	1,980	963.27	1,901	1,749
Short-Term Debt	4,927	3,132	6,297	2,449	2,204	1,030
Current Portion of Long-Term Debt	221.92	240.56	271.51	300.78	55.23	235.03
Current Portion of Leases	-	4.74	3.78	30.1	31.47	52.23
Current Income Taxes Payable	431.17	174.82	360.01	400.95	476.22	332.03
Current Unearned Revenue	2,026	1,467	1,262	1,345	1,246	1,081
Other Current Liabilities	3,066	2,387	2,696	3,822	1,385	1,517
Total Current Liabilities	26,853	25,008	24,845	17,464	16,356	12,318
Long-Term Debt	531.93	715.22	1,924	1,381	550.22	321.76
Long-Term Leases	53.64	55.73	47.91	17.52	45.61	76.8
Long-Term Unearned Revenue	882.11	859.65	723.44	684.29	606.29	469.29
Long-Term Deferred Tax Liabilities	14.99	15.03	20.54	35.44	48.72	31.72
Other Long-Term Liabilities	508.5	499.07	500.55	631.51	697.43	720.29
Total Liabilities	28,844	27,153	28,062	20,213	18,304	13,938
Common Stock	972.1	972.1	972.1	972.1	972.1	972.1
Additional Paid-In Capital	5,429	5,429	5,428	5,770	5,762	5,753
Retained Earnings	10,746	10,671	9,478	8,555	6,834	5,509
Treasury Stock	-55.01	-55.01	-29.89	-	-	-
Comprehensive Income & Other	47.94	47.65	40.76	123.55	107.44	37.1
Total Common Equity	17,140	17,064	15,889	15,421	13,676	12,272
Minority Interest	310.81	305.36	336.94	197.21	397.71	467.11
Shareholders' Equity	17,451	17,370	16,226	15,619	14,073	12,739
Total Liabilities & Equity	46,294	44,522	44,288	35,832	32,378	26,677
Total Debt	5,735	4,148	8,544	4,178	2,887	1,716
Net Cash (Debt)	13,027	15,304	10,867	7,377	8,457	10,028
Net Cash Growth	42.02%	40.84%	47.30%	-12.77%	-15.66%	124.01%
Net Cash Per Share	13.56	15.77	11.18	7.59	8.69	10.40
Filing Date Shares Outstanding	969.86	969.86	969.86	972.1	972.1	972.1
Total Common Shares Outstanding	969.86	969.86	970.79	972.1	972.1	972.1
Working Capital	6,043	6,084	5,505	4,974	5,961	6,639
Book Value Per Share	17.67	17.59	16.37	15.86	14.07	12.62
Tangible Book Value	16,083	16,019	14,843	14,356	12,581	11,313
Tangible Book Value Per Share	16.58	16.52	15.29	14.77	12.94	11.64
Buildings	-	6,876	6,747	5,547	3,776	3,206
Machinery	-	8,490	8,067	6,719	5,311	4,353
Construction In Progress	-	1,275	1,506	2,599	1,406	710.62