TCL Technology 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	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	21,788	26,631	20,861	19,997	33,676	30,082
Short-Term Investments	-	6.95	7.63	119.52	939.86	571.14
Trading Asset Securities	25,093	14,473	16,561	23,218	12,858	7,613
Cash & Short-Term Investments	46,881	41,111	37,430	43,335	47,474	38,266
Cash Growth	-17.98%	9.84%	-13.63%	-8.72%	24.06%	67.72%
Accounts Receivable	21,114	23,645	23,659	23,917	15,983	21,466
Other Receivables	3,284	3,501	4,723	5,707	4,033	4,459
Receivables	24,398	27,145	28,772	30,470	20,657	27,094
Inventory	20,358	18,371	17,594	18,482	18,001	14,083
Restricted Cash	-	3,829	2,147	1,927	1,703	1,312
Other Current Assets	13,456	12,321	9,431	8,084	7,658	6,428
Total Current Assets	105,093	102,777	95,373	102,298	95,493	87,183
Property, Plant & Equipment	185,015	187,369	200,790	199,809	189,642	152,992
Long-Term Investments	28,121	27,456	27,356	28,912	33,367	29,272
Goodwill	11,436	11,410	11,160	10,517	9,162	9,159
Other Intangible Assets	18,417	18,467	18,117	18,420	16,784	13,983
Long-Term Accounts Receivable	-	-	306.4	720.28	631.37	651.12
Long-Term Deferred Tax Assets	2,985	2,936	2,486	2,246	1,754	2,150
Long-Term Deferred Charges	3,607	3,488	3,995	5,944	5,923	5,149
Other Long-Term Assets	11,736	18,834	18,667	13,993	7,240	8,211
Total Assets	366,410	372,738	378,252	382,859	359,996	308,750
Accounts Payable	41,088	38,718	36,455	35,013	32,748	27,573
Accrued Expenses	4,967	8,964	8,072	6,806	5,985	5,022
Short-Term Debt	9,627	7,582	8,794	9,469	10,994	10,778
Current Portion of Long-Term Debt	29,829	26,878	34,303	23,040	9,512	12,158
Current Portion of Leases	-	3,778	1,536	897.52	474.14	849.22
Current Income Taxes Payable	1,245	516.09	468.33	406.61	731.84	1,021
Current Unearned Revenue	1,503	2,010	1,969	1,899	2,336	2,594
Other Current Liabilities	19,581	17,085	19,457	21,694	24,760	20,784
Total Current Liabilities	107,841	105,531	111,056	99,225	87,541	80,779
Long-Term Debt	120,251	124,121	123,304	126,776	130,610	100,345
Long-Term Leases	5,426	5,537	8,330	8,477	5,349	1,773
Long-Term Unearned Revenue	2,814	2,151	1,015	1,541	2,468	2,361
Pension & Post-Retirement Benefits	21.45	21.61	22.42	29.65	472.54	669.93
Long-Term Deferred Tax Liabilities	1,657	1,776	1,544	1,427	1,319	3,159
Other Long-Term Liabilities	256.26	257.12	276.73	117.4	97.52	-
Total Liabilities	238,266	239,395	245,548	237,593	227,857	189,088
Common Stock	20,801	20,801	18,779	18,779	17,072	14,031
Additional Paid-In Capital	13,810	14,156	10,553	10,752	12,523	6,079
Retained Earnings	30,573	29,017	25,488	25,420	23,208	25,024
Treasury Stock	-1,499	-1,504	-919.32	-1,095	-1,315	-1,886
Comprehensive Income & Other	-0.42	-1,037	-733.27	-934.46	-809.52	-207.56
Total Common Equity	63,684	61,433	53,168	52,922	50,679	43,041
Minority Interest	64,460	71,910	79,536	92,344	81,460	76,621
Shareholders' Equity	128,144	133,343	132,704	145,266	132,139	119,662
Total Liabilities & Equity	366,410	372,738	378,252	382,859	359,996	308,750
Total Debt	165,132	167,898	176,267	168,659	156,939	125,904
Net Cash (Debt)	-118,251	-126,786	-138,837	-125,325	-109,465	-87,638
Net Cash Per Share	-5.73	-6.46	-7.39	-6.67	-7.04	-5.83
Filing Date Shares Outstanding	22,492	20,470	18,567	18,567	15,432	15,033
Total Common Shares Outstanding	22,492	20,470	18,567	18,567	15,432	15,033
Working Capital	-2,748	-2,754	-15,683	3,073	7,952	6,404
Book Value Per Share	2.79	3.00	2.86	2.85	3.28	2.86
Tangible Book Value	33,832	31,556	23,890	23,986	24,733	19,900
Tangible Book Value Per Share	1.46	1.54	1.29	1.29	1.60	1.32
Buildings	-	67,408	60,217	54,208	44,213	36,038
Machinery	-	285,625	246,366	233,262	179,186	151,962
Construction In Progress	-	16,177	23,581	17,000	52,054	36,966

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