Guangdong Tapai 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	1,309	1,568	1,489	1,251	1,444
Short-Term Investments	-	292.93	890.05	725.82	121.69
Trading Asset Securities	3,484	3,389	3,199	3,207	3,407
Cash & Short-Term Investments	4,794	5,250	5,578	5,185	4,973
Cash Growth	-8.68%	-5.90%	7.60%	4.25%	-4.43%
Accounts Receivable	90.78	61.87	47.9	32.77	29.23
Other Receivables	39.35	28.78	6.88	19.61	25.2
Receivables	130.12	329.45	459.73	217.21	230.77
Inventory	485.6	580.45	631.59	599.73	671.92
Prepaid Expenses	-	9.62	3.81	11.76	0.24
Other Current Assets	1,245	103.87	23.96	33.15	24.41
Total Current Assets	6,655	6,273	6,697	6,046	5,901
Property, Plant & Equipment	3,303	3,488	3,591	3,886	4,034
Long-Term Investments	2,086	1,805	920.58	1,564	2,533
Other Intangible Assets	707.72	781.52	728.2	751.87	780.96
Long-Term Deferred Tax Assets	109.62	96.61	117.73	112.21	51.28
Long-Term Deferred Charges	390	450.79	345.65	388.55	418.32
Other Long-Term Assets	181.02	603.49	1,083	98.85	110.35
Total Assets	13,432	13,499	13,484	12,848	13,828
Accounts Payable	558.26	685.49	600.21	668.12	827.74
Accrued Expenses	118.89	115.86	170.76	143.74	390.37
Current Portion of Long-Term Debt	3.25	-	-	-	-
Current Portion of Leases	-	4.04	0.83	-	-
Current Income Taxes Payable	101.56	58.16	91.82	69.02	187.63
Current Unearned Revenue	149.54	194	182.46	193.43	261.08
Other Current Liabilities	94.64	130.94	146.36	125.87	128.91
Total Current Liabilities	1,026	1,188	1,192	1,200	1,796
Long-Term Leases	26.86	18.66	0.69	-	-
Long-Term Unearned Revenue	41.37	31.55	30.02	35.11	43.42
Long-Term Deferred Tax Liabilities	217.56	199.29	211.78	228.03	193.9
Other Long-Term Liabilities	61.51	51.7	56.27	54.42	45.01
Total Liabilities	1,373	1,490	1,491	1,518	2,078
Common Stock	1,192	1,192	1,192	1,192	1,192
Additional Paid-In Capital	3,767	3,767	3,767	3,740	3,743
Retained Earnings	7,142	7,037	7,084	6,483	6,955
Treasury Stock	-200.58	-173.73	-207.28	-221.03	-262.01
Comprehensive Income & Other	112.99	131.71	116.23	101.38	91.72
Total Common Equity	12,014	11,954	11,952	11,295	11,720
Minority Interest	45.02	55.44	40.43	34.94	30.72
Shareholders' Equity	12,059	12,010	11,993	11,330	11,750
Total Liabilities & Equity	13,432	13,499	13,484	12,848	13,828
Total Debt	30.11	22.7	1.52	-	-
Net Cash (Debt)	4,764	5,227	5,577	5,185	4,973
Net Cash Growth	-8.86%	-6.28%	7.57%	4.25%	-4.43%
Net Cash Per Share	4.06	4.47	4.78	4.40	4.24
Filing Date Shares Outstanding	1,170	1,171	1,128	1,129	1,178
Total Common Shares Outstanding	1,170	1,171	1,128	1,129	1,178
Working Capital	5,628	5,084	5,505	4,846	4,105
Book Value Per Share	10.27	10.21	10.60	10.00	9.95
Tangible Book Value	11,306	11,173	11,224	10,543	10,939
Tangible Book Value Per Share	9.66	9.54	9.95	9.34	9.29
Buildings	-	3,018	2,993	3,109	3,073
Machinery	-	5,426	5,339	5,597	5,434
Construction In Progress	-	191.35	139.09	58.14	80.48

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