Shenzhen Tagen Group Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	-	10,064	10,718	9,218	8,412
Trading Asset Securities	-	-	10.84	33.25	12.18
Cash & Short-Term Investments	9,243	10,064	10,729	9,251	8,424
Cash Growth	-8.16%	-6.20%	15.98%	9.81%	-4.19%
Accounts Receivable	-	17,218	18,404	16,643	11,675
Other Receivables	-	611.12	815.11	715.15	533.48
Receivables	-	17,830	19,219	17,358	12,209
Inventory	-	23,258	26,447	32,828	28,505
Prepaid Expenses	-	454.42	543.41	385.18	380.24
Other Current Assets	-	1,224	1,328	862.73	1,504
Total Current Assets	-	52,830	58,267	60,686	51,023
Property, Plant & Equipment	-	722.22	564.67	642.78	643.49
Long-Term Investments	-	1,120	1,079	933.18	1,155
Goodwill	-	50.81	50.81	19.45	16.49
Other Intangible Assets	-	1,325	1,426	1,587	1,107
Long-Term Accounts Receivable	-	197.82	208.72	246.78	266.66
Long-Term Deferred Tax Assets	-	1,698	1,855	1,888	2,455
Long-Term Deferred Charges	-	167.83	196.32	172.91	100.93
Other Long-Term Assets	-	5,791	5,829	3,122	3,057
Total Assets	-	63,903	69,476	69,299	59,824
Accounts Payable	-	17,102	19,567	18,782	14,128
Accrued Expenses	-	1,199	1,541	1,613	2,337
Short-Term Debt	-	2,034	4,211	6,632	4,906
Current Portion of Long-Term Debt	-	3,803	5,523	3,229	2,687
Current Portion of Leases	-	42.9	54.75	32.63	26.03
Current Income Taxes Payable	-	387.44	331.71	337.62	326.52
Current Unearned Revenue	-	8,920	11,449	9,728	10,437
Other Current Liabilities	-	3,257	2,836	2,738	2,263
Total Current Liabilities	-	36,745	45,514	43,093	37,110
Long-Term Debt	-	11,693	8,296	11,561	9,308
Long-Term Leases	-	214.24	269.39	332.75	359.51
Long-Term Unearned Revenue	-	41.31	43.55	5.48	6.2
Long-Term Deferred Tax Liabilities	-	163.36	226.97	206.83	174.56
Other Long-Term Liabilities	-	21.36	21.3	12.22	39.12
Total Liabilities	-	48,878	54,371	55,211	46,997
Common Stock	-	1,869	1,869	1,869	1,869
Additional Paid-In Capital	-	1,556	1,561	1,563	1,558
Retained Earnings	-	7,690	7,669	6,884	5,686
Comprehensive Income & Other	-	3,474	3,478	3,398	3,592
Total Common Equity	14,487	14,589	14,576	13,714	12,705
Minority Interest	-	435.2	528.86	373.97	121.15
Shareholders' Equity	14,885	15,025	15,105	14,088	12,827
Total Liabilities & Equity	-	63,903	69,476	69,299	59,824
Total Debt	17,296	17,787	18,355	21,787	17,286
Net Cash (Debt)	-8,053	-7,723	-7,626	-12,536	-8,861
Net Cash Per Share	-2.50	-3.26	-3.72	-6.25	-4.40
Filing Date Shares Outstanding	-	1,869	1,869	1,869	1,869
Total Common Shares Outstanding	-	1,869	1,869	1,869	1,869
Working Capital	-	16,085	12,753	17,593	13,913
Book Value Per Share	7.75	7.81	7.80	7.34	6.80
Tangible Book Value	13,200	13,214	13,100	12,107	11,582
Tangible Book Value Per Share	7.06	7.07	7.01	6.48	6.20
Buildings	-	617.53	242.34	261	275.45
Machinery	-	938.36	898.73	897.59	792.74
Construction In Progress	-	18.2	14.3	34.96	12.98

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