Shenzhen Tellus Holding Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	181.79	377.97	220.34	413.03	240.58	237.63
Short-Term Investments	121.94	146.56	131	-	-	-
Trading Asset Securities	105.16	165.63	206.29	176.13	412.71	314.01
Cash & Short-Term Investments	408.89	690.16	557.63	589.16	653.29	551.64
Cash Growth	-17.81%	23.77%	-5.35%	-9.82%	18.43%	12.73%
Accounts Receivable	16.28	46.56	99.64	129.56	18.09	19.83
Other Receivables	15.13	8.08	12.38	7.66	5.07	29.27
Receivables	31.41	54.65	112.02	137.23	23.17	49.1
Inventory	153.35	127.43	178.43	116.07	25.43	22.08
Prepaid Expenses	-	0.17	1.42	0.58	-	-
Other Current Assets	96.9	42.7	66.37	25.89	25.66	15.85
Total Current Assets	690.55	915.1	915.87	868.93	727.56	638.67
Property, Plant & Equipment	150.24	152.59	158.12	516.8	326.97	220.88
Long-Term Investments	441.91	315.13	185.95	91.2	98.49	133.82
Other Intangible Assets	3.75	3.78	3.92	49.81	49.59	51.63
Long-Term Deferred Tax Assets	5.5	5.5	37.84	8.52	8.5	8.5
Long-Term Deferred Charges	40.65	48.1	38.39	25.88	28.68	30.71
Other Long-Term Assets	1,318	1,154	1,064	670.89	619.86	624.24
Total Assets	2,651	2,594	2,404	2,232	1,860	1,708
Accounts Payable	258.59	235.56	135.83	124.72	67.41	76.58
Accrued Expenses	42.47	60.19	53.42	48.6	45.63	50.56
Short-Term Debt	21.51	120.1	145.13	20	-	-
Current Portion of Leases	5.88	8.67	7.3	2.01	3.02	-
Current Income Taxes Payable	35.68	11.45	7.69	6.94	41.28	13.89
Current Unearned Revenue	9.75	13.48	11.39	15.38	22.89	21.39
Other Current Liabilities	189.56	133.8	188.27	194.5	115.5	145.88
Total Current Liabilities	563.44	583.26	549.04	412.15	295.72	308.3
Long-Term Debt	-	-	-	144.82	86.88	11.17
Long-Term Leases	79.96	76.54	69.52	2.93	4.47	-
Long-Term Unearned Revenue	6.52	7.85	9.63	10.59	10.25	0.13
Long-Term Deferred Tax Liabilities	23.86	25.18	40.41	1.14	0.96	-
Other Long-Term Liabilities	3.93	3.91	4.18	4.18	4.18	4.19
Total Liabilities	677.71	696.73	672.78	575.8	402.46	323.8
Common Stock	431.06	431.06	431.06	431.06	431.06	431.06
Additional Paid-In Capital	430.87	425.18	425.18	425.77	425.77	431.45
Retained Earnings	953.06	872.57	749.3	643.1	570.39	447.99
Comprehensive Income & Other	-7.61	-1.92	-1.64	5.71	5.71	0.03
Total Common Equity	1,807	1,727	1,604	1,506	1,433	1,311
Minority Interest	165.83	170.84	127.17	150.59	24.27	74.12
Shareholders' Equity	1,973	1,898	1,731	1,656	1,457	1,385
Total Liabilities & Equity	2,651	2,594	2,404	2,232	1,860	1,708
Total Debt	107.34	205.32	221.96	169.76	94.37	11.17
Net Cash (Debt)	301.54	484.84	335.67	419.41	558.92	540.47
Net Cash Growth	-3.95%	44.44%	-19.96%	-24.96%	3.42%	10.45%
Net Cash Per Share	0.70	1.12	0.78	0.97	1.30	1.22
Filing Date Shares Outstanding	431.06	431.06	431.06	431.06	431.06	431.06
Total Common Shares Outstanding	431.06	431.06	431.06	431.06	431.06	431.06
Working Capital	127.11	331.84	366.83	456.78	431.84	330.36
Book Value Per Share	4.19	4.01	3.72	3.49	3.32	3.04
Tangible Book Value	1,804	1,723	1,600	1,456	1,383	1,259
Tangible Book Value Per Share	4.18	4.00	3.71	3.38	3.21	2.92
Buildings	-	214.91	215.03	279.37	271.02	277.57
Machinery	-	40.09	33.86	48.44	47.85	44.67
Construction In Progress	-	3.33	7.28	409.93	210.2	101.74

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.