Guangdong Tapai Group 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	1,112	1,568	1,489	1,251	1,444	2,025
Short-Term Investments	504.55	292.93	890.05	725.82	121.69	614.24
Trading Asset Securities	3,492	3,389	3,199	3,207	3,407	2,564
Cash & Short-Term Investments	5,109	5,250	5,578	5,185	4,973	5,203
Cash Growth	6.18%	-5.90%	7.60%	4.25%	-4.43%	16.80%
Accounts Receivable	87.12	61.87	47.9	32.77	29.23	69.51
Other Receivables	38.63	28.78	6.88	19.61	25.2	42.93
Receivables	125.75	329.45	459.73	217.21	230.77	136.84
Inventory	621.73	580.45	631.59	599.73	671.92	572.25
Prepaid Expenses	-	9.62	3.81	11.76	0.24	3.37
Other Current Assets	511.48	103.87	23.96	33.15	24.41	41.14
Total Current Assets	6,368	6,273	6,697	6,046	5,901	5,957
Property, Plant & Equipment	3,332	3,488	3,591	3,886	4,034	4,132
Long-Term Investments	1,792	1,805	920.58	1,564	2,533	1,370
Other Intangible Assets	718.19	781.52	728.2	751.87	780.96	679.22
Long-Term Deferred Tax Assets	85.01	96.61	117.73	112.21	51.28	43.6
Long-Term Deferred Charges	403.85	450.79	345.65	388.55	418.32	354.15
Other Long-Term Assets	532.66	603.49	1,083	98.85	110.35	74.53
Total Assets	13,232	13,499	13,484	12,848	13,828	12,611
Accounts Payable	475.75	685.49	600.21	668.12	827.74	989.69
Accrued Expenses	28.37	115.86	170.76	143.74	390.37	374.57
Current Portion of Leases	2.82	4.04	0.83	-	-	-
Current Income Taxes Payable	84.16	58.16	91.82	69.02	187.63	142.03
Current Unearned Revenue	146.27	194	182.46	193.43	261.08	286.62
Other Current Liabilities	98.66	130.94	146.36	125.87	128.91	97.04
Total Current Liabilities	836.02	1,188	1,192	1,200	1,796	1,890
Long-Term Leases	28.08	18.66	0.69	-	-	-
Long-Term Unearned Revenue	38.24	31.55	30.02	35.11	43.42	51.98
Long-Term Deferred Tax Liabilities	234.45	199.29	211.78	228.03	193.9	171.9
Other Long-Term Liabilities	52.49	51.7	56.27	54.42	45.01	41.14
Total Liabilities	1,189	1,490	1,491	1,518	2,078	2,155
Common Stock	1,192	1,192	1,192	1,192	1,192	1,192
Additional Paid-In Capital	3,767	3,767	3,767	3,740	3,743	3,720
Retained Earnings	7,096	7,037	7,084	6,483	6,955	5,632
Treasury Stock	-200.58	-173.73	-207.28	-221.03	-262.01	-199.18
Comprehensive Income & Other	126.06	131.71	116.23	101.38	91.72	100.59
Total Common Equity	11,980	11,954	11,952	11,295	11,720	10,446
Minority Interest	62.01	55.44	40.43	34.94	30.72	9.5
Shareholders' Equity	12,042	12,010	11,993	11,330	11,750	10,456
Total Liabilities & Equity	13,232	13,499	13,484	12,848	13,828	12,611
Total Debt	30.9	22.7	1.52	-	-	-
Net Cash (Debt)	5,078	5,227	5,577	5,185	4,973	5,203
Net Cash Growth	6.06%	-6.28%	7.57%	4.25%	-4.43%	16.80%
Net Cash Per Share	4.28	4.47	4.78	4.40	4.24	4.40
Filing Date Shares Outstanding	1,171	1,171	1,128	1,129	1,178	1,150
Total Common Shares Outstanding	1,171	1,171	1,128	1,129	1,178	1,150
Working Capital	5,532	5,084	5,505	4,846	4,105	4,067
Book Value Per Share	10.23	10.21	10.60	10.00	9.95	9.08
Tangible Book Value	11,262	11,173	11,224	10,543	10,939	9,767
Tangible Book Value Per Share	9.62	9.54	9.95	9.34	9.29	8.49
Buildings	-	3,018	2,993	3,109	3,073	2,908
Machinery	-	5,426	5,339	5,597	5,434	5,291
Construction In Progress	-	191.35	139.09	58.14	80.48	210.73

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