TPV Technology 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	3,790	4,035	4,272	4,134	4,320	3,530
Trading Asset Securities	138.78	182.08	247.33	219.5	235.64	-
Cash & Short-Term Investments	3,929	4,217	4,519	4,353	4,556	3,530
Cash Growth	-11.12%	-6.69%	3.82%	-4.44%	29.07%	-37.17%
Accounts Receivable	9,668	9,798	9,673	9,641	9,449	11,973
Other Receivables	819.22	672.33	556.45	621.64	564.65	935.82
Receivables	10,487	10,470	10,230	10,263	10,014	12,909
Inventory	11,298	9,985	9,284	8,179	9,233	13,501
Other Current Assets	1,720	1,418	1,373	1,203	1,317	1,731
Total Current Assets	27,434	26,090	25,406	23,997	25,120	31,670
Property, Plant & Equipment	4,283	4,415	4,499	4,456	4,540	4,287
Long-Term Investments	396.7	815.17	803.43	791.67	695.84	528.96
Goodwill	-	-	35.68	34.68	33.98	31.16
Other Intangible Assets	2,766	732.75	1,199	1,621	1,989	2,292
Long-Term Accounts Receivable	-	3.04	3.09	2.81	2.02	-
Long-Term Deferred Tax Assets	353.55	359.12	353.38	373.25	398.48	340.45
Long-Term Deferred Charges	239.3	241.7	272.53	286.15	273.7	224.51
Other Long-Term Assets	2,373	1,951	1,991	2,164	2,142	2,019
Total Assets	37,845	34,608	34,563	33,728	35,195	41,394
Accounts Payable	10,367	9,686	9,186	9,758	9,659	14,516
Accrued Expenses	1,405	1,995	2,075	2,140	2,352	2,883
Short-Term Debt	6,878	6,114	4,185	2,124	3,751	6,071
Current Portion of Long-Term Debt	-	-	759.86	-	-	977.26
Current Portion of Leases	-	82.2	87.39	102.19	98.67	81.88
Current Income Taxes Payable	-	210.17	237.74	217.27	295.78	277.29
Current Unearned Revenue	239.65	278.15	260.85	293	370.83	272.72
Other Current Liabilities	8,198	5,498	5,943	6,240	6,067	4,395
Total Current Liabilities	27,087	23,864	22,735	20,875	22,593	29,474
Long-Term Debt	1,121	820.31	-	785.21	739.7	254.94
Long-Term Leases	151.4	170.88	187.75	202.73	201.47	192.62
Long-Term Unearned Revenue	23.77	23.01	23.87	13.96	5.92	9
Pension & Post-Retirement Benefits	-	39.07	45.94	-	-	-
Long-Term Deferred Tax Liabilities	383.09	383.14	408.34	374.67	457.08	483.06
Other Long-Term Liabilities	1,920	1,746	1,737	2,273	2,601	3,675
Total Liabilities	30,687	27,046	25,138	24,524	26,598	34,089
Common Stock	4,530	4,530	4,530	4,530	4,530	4,530
Additional Paid-In Capital	1,077	1,077	4,629	4,611	4,482	4,154
Retained Earnings	-3,464	-3,169	-5,934	-6,011	-6,135	-5,910
Comprehensive Income & Other	-339.87	-412.77	-246.63	-211.14	-223.19	-750.87
Total Common Equity	1,803	2,025	2,978	2,919	2,653	2,023
Minority Interest	5,356	5,536	6,448	6,285	5,944	5,281
Shareholders' Equity	7,158	7,562	9,426	9,204	8,597	7,304
Total Liabilities & Equity	37,845	34,608	34,563	33,728	35,195	41,394
Total Debt	8,150	7,188	5,220	3,214	4,790	7,578
Net Cash (Debt)	-4,221	-2,971	-701.12	1,139	-234.86	-4,048
Net Cash Per Share	-0.93	-0.66	-0.15	0.25	-0.05	-0.89
Filing Date Shares Outstanding	4,527	4,530	4,530	4,530	4,530	4,530
Total Common Shares Outstanding	4,527	4,530	4,530	4,530	4,530	4,530
Working Capital	346.55	2,226	2,671	3,123	2,527	2,196
Book Value Per Share	0.40	0.45	0.66	0.64	0.59	0.45
Tangible Book Value	-963.13	1,292	1,743	1,263	630.12	-300.31
Tangible Book Value Per Share	-0.21	0.29	0.38	0.28	0.14	-0.07
Buildings	-	4,068	4,184	4,096	3,978	3,626
Machinery	-	7,677	7,626	7,021	6,878	6,076
Construction In Progress	-	175.74	100.79	61.81	54.92	39.51

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