Shenzhen Tellus Holding 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	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	93.79	149.23	377.97	220.34	413.03	240.58
Short-Term Investments	-	89.02	146.56	131	-	-
Trading Asset Securities	231.49	117.41	165.63	206.29	176.13	412.71
Cash & Short-Term Investments	325.28	355.66	690.16	557.63	589.16	653.29
Cash Growth	-49.49%	-48.47%	23.77%	-5.35%	-9.82%	18.43%
Accounts Receivable	26.83	61.01	46.56	99.64	129.56	18.09
Other Receivables	20.48	49.41	8.08	12.38	7.66	5.07
Receivables	47.31	110.42	54.65	112.02	137.23	23.17
Inventory	18.55	59.66	127.43	178.43	116.07	25.43
Prepaid Expenses	-	7.7	0.17	1.42	0.58	-
Other Current Assets	168.64	10.71	42.7	66.37	25.89	25.66
Total Current Assets	559.77	544.14	915.1	915.87	868.93	727.56
Property, Plant & Equipment	130.38	144.9	152.59	158.12	516.8	326.97
Long-Term Investments	577.34	816.74	315.13	185.95	91.2	98.49
Other Intangible Assets	8.36	3.06	3.78	3.92	49.81	49.59
Long-Term Deferred Tax Assets	6.4	6.4	5.5	37.84	8.52	8.5
Long-Term Deferred Charges	28.88	34.12	48.1	38.39	25.88	28.68
Other Long-Term Assets	1,228	1,101	1,154	1,064	670.89	619.86
Total Assets	2,539	2,650	2,594	2,404	2,232	1,860

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Accounts Payable	109.77	289.35	235.56	135.83	124.72	67.41
Accrued Expenses	40.34	64.27	60.19	53.42	48.6	45.63
Short-Term Debt	-	11	120.1	145.13	20	-
Current Portion of Leases	-	10.58	8.67	7.3	2.01	3.02
Current Income Taxes Payable	41.67	6.38	11.45	7.69	6.94	41.28
Current Unearned Revenue	3.41	11.83	13.48	11.39	15.38	22.89
Other Current Liabilities	143.6	145.09	133.8	188.27	194.5	115.5
Total Current Liabilities	346.2	538.51	583.26	549.04	412.15	295.72
Long-Term Debt	-	-	-	-	144.82	86.88
Long-Term Leases	72.74	75.44	76.54	69.52	2.93	4.47
Long-Term Unearned Revenue	5.18	6.07	7.85	9.63	10.59	10.25
Long-Term Deferred Tax Liabilities	18.5	20.16	25.18	40.41	1.14	0.96
Other Long-Term Liabilities	13.88	13.87	3.91	4.18	4.18	4.18
Total Liabilities	456.49	654.04	696.73	672.78	575.8	402.46

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Common Stock	431.06	431.06	431.06	431.06	431.06	431.06
Additional Paid-In Capital	430.87	425.18	425.18	425.18	425.77	425.77
Retained Earnings	1,057	972.33	872.57	749.3	643.1	570.39
Comprehensive Income & Other	-7.61	-1.92	-1.92	-1.64	5.71	5.71
Total Common Equity	1,911	1,827	1,727	1,604	1,506	1,433
Minority Interest	170.91	169.48	170.84	127.17	150.59	24.27
Shareholders' Equity	2,082	1,996	1,898	1,731	1,656	1,457
Total Liabilities & Equity	2,539	2,650	2,594	2,404	2,232	1,860

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Total Debt	80.13	97.03	205.32	221.96	169.76	94.37
Net Cash (Debt)	245.15	258.63	484.84	335.67	419.41	558.92
Net Cash Growth	-41.97%	-46.66%	44.44%	-19.96%	-24.96%	3.42%
Net Cash Per Share	0.57	0.60	1.12	0.78	0.97	1.30
Filing Date Shares Outstanding	430.9	431.06	431.06	431.06	431.06	431.06
Total Common Shares Outstanding	430.9	431.06	431.06	431.06	431.06	431.06
Working Capital	213.58	5.63	331.84	366.83	456.78	431.84
Book Value Per Share	4.44	4.24	4.01	3.72	3.49	3.32
Tangible Book Value	1,903	1,824	1,723	1,600	1,456	1,383
Tangible Book Value Per Share	4.42	4.23	4.00	3.71	3.38	3.21
Buildings	-	214.91	214.91	215.03	279.37	271.02
Machinery	-	32.16	40.09	33.86	48.44	47.85
Construction In Progress	-	5.11	3.33	7.28	409.93	210.2