TPV Technology 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	3,167	4,272	4,134	4,320	3,530	5,617
Trading Asset Securities	217.06	247.33	219.5	235.64	-	-
Cash & Short-Term Investments	3,384	4,519	4,353	4,556	3,530	5,617
Cash Growth	-15.97%	3.82%	-4.44%	29.07%	-37.17%	6.16%
Accounts Receivable	10,611	9,673	9,641	9,449	11,973	10,987
Other Receivables	704.48	538.18	621.64	564.65	935.82	2,414
Receivables	11,316	10,211	10,263	10,014	12,909	13,401
Inventory	12,225	9,284	8,179	9,233	13,501	8,542
Other Current Assets	1,642	1,391	1,203	1,317	1,731	1,280
Total Current Assets	28,566	25,406	23,997	25,120	31,670	28,841
Property, Plant & Equipment	4,341	4,499	4,456	4,540	4,287	3,143
Long-Term Investments	791.57	803.43	791.67	695.84	528.96	366.8
Goodwill	34.82	35.68	34.68	33.98	31.16	31.96
Other Intangible Assets	867.97	1,199	1,621	1,989	2,292	1,124
Long-Term Accounts Receivable	-	3.09	2.81	2.02	-	-
Long-Term Deferred Tax Assets	366.17	353.38	373.25	398.48	340.45	358.38
Long-Term Deferred Charges	249.75	272.53	286.15	273.7	224.51	209.19
Other Long-Term Assets	2,118	1,991	2,164	2,142	2,019	1,959
Total Assets	37,335	34,563	33,728	35,195	41,394	36,032
Accounts Payable	10,373	9,186	9,758	9,659	14,516	14,008
Accrued Expenses	943.91	2,071	2,140	2,352	2,883	2,984
Short-Term Debt	7,267	4,185	2,124	3,751	6,071	1,474
Current Portion of Long-Term Debt	-	759.86	-	-	977.26	2.41
Current Portion of Leases	-	87.39	102.19	98.67	81.88	91.48
Current Income Taxes Payable	686.36	237.74	217.27	295.78	277.29	370
Current Unearned Revenue	216.52	260.85	293	370.83	272.72	409.14
Other Current Liabilities	8,097	5,947	6,240	6,067	4,395	5,394
Total Current Liabilities	27,584	22,735	20,875	22,593	29,474	24,733
Long-Term Debt	836.52	-	785.21	739.7	254.94	1,649
Long-Term Leases	185.54	187.75	202.73	201.47	192.62	158.39
Long-Term Unearned Revenue	19.62	23.87	13.96	5.92	9	8.83
Long-Term Deferred Tax Liabilities	390.4	408.34	374.67	457.08	483.06	551.8
Other Long-Term Liabilities	203.33	1,783	2,273	2,601	3,675	2,907
Total Liabilities	29,220	25,138	24,524	26,598	34,089	30,008
Common Stock	4,530	4,530	4,530	4,530	4,530	4,530
Additional Paid-In Capital	4,629	4,629	4,611	4,482	4,154	4,086
Retained Earnings	-6,538	-5,934	-6,011	-6,135	-5,910	-6,390
Comprehensive Income & Other	-307.08	-246.63	-211.14	-223.19	-750.87	-713.94
Total Common Equity	2,314	2,978	2,919	2,653	2,023	1,511
Minority Interest	5,802	6,448	6,285	5,944	5,281	4,513
Shareholders' Equity	8,115	9,426	9,204	8,597	7,304	6,024
Total Liabilities & Equity	37,335	34,563	33,728	35,195	41,394	36,032
Total Debt	8,289	5,220	3,214	4,790	7,578	3,376
Net Cash (Debt)	-4,906	-701.12	1,139	-234.86	-4,048	2,242
Net Cash Per Share	-1.08	-0.15	0.25	-0.05	-0.89	0.49
Filing Date Shares Outstanding	4,530	4,530	4,530	4,530	4,530	4,530
Total Common Shares Outstanding	4,530	4,530	4,530	4,530	4,530	4,530
Working Capital	981.61	2,671	3,123	2,527	2,196	4,108
Book Value Per Share	0.51	0.66	0.64	0.59	0.45	0.33
Tangible Book Value	1,411	1,743	1,263	630.12	-300.31	354.81
Tangible Book Value Per Share	0.31	0.38	0.28	0.14	-0.07	0.08
Buildings	-	4,184	4,096	3,978	3,626	2,515
Machinery	-	7,626	7,021	6,878	6,076	5,681
Construction In Progress	-	100.79	61.81	54.92	39.51	154.85

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