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 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	Jan '22 Jan 1, 2022
Cash & Equivalents	1,596	1,309	1,568	1,489	1,251	1,444
Short-Term Investments	-	865.44	374.14	890.05	725.82	121.69
Trading Asset Securities	3,551	3,484	3,389	3,199	3,207	3,407
Cash & Short-Term Investments	5,147	5,659	5,331	5,578	5,185	4,973
Cash Growth	-7.75%	6.16%	-4.44%	7.60%	4.25%	-4.43%
Accounts Receivable	95.81	90.78	61.87	47.9	32.77	29.23
Other Receivables	38.5	52.13	28.78	6.88	19.61	25.2
Receivables	134.31	487.11	329.45	459.73	217.21	230.77
Inventory	528.67	485.6	580.45	631.59	599.73	671.92
Prepaid Expenses	-	3.54	9.62	3.81	11.76	0.24
Other Current Assets	925.05	19.15	22.66	23.96	33.15	24.41
Total Current Assets	6,735	6,655	6,273	6,697	6,046	5,901
Property, Plant & Equipment	3,256	3,303	3,488	3,591	3,886	4,034
Long-Term Investments	2,053	2,086	2,268	920.58	1,564	2,533
Other Intangible Assets	697.44	707.72	781.52	728.2	751.87	780.96
Long-Term Deferred Tax Assets	104.18	109.62	96.61	117.73	112.21	51.28
Long-Term Deferred Charges	389.42	390	450.79	345.65	388.55	418.32
Other Long-Term Assets	177.25	181.02	140.97	1,083	98.85	110.35
Total Assets	13,412	13,432	13,499	13,484	12,848	13,828
Accounts Payable	452.28	558.26	685.49	600.21	668.12	827.74
Accrued Expenses	24.55	153.05	115.86	170.76	143.74	390.37
Current Portion of Leases	-	3.25	4.04	0.83	-	-
Current Income Taxes Payable	105.06	63.63	58.16	91.82	69.02	187.63
Current Unearned Revenue	144.67	149.54	194	182.46	193.43	261.08
Other Current Liabilities	98.02	98.41	130.94	146.36	125.87	128.91
Total Current Liabilities	827.47	1,026	1,188	1,192	1,200	1,796
Long-Term Leases	22.88	26.86	18.66	0.69	-	-
Long-Term Unearned Revenue	49.63	41.37	31.55	30.02	35.11	43.42
Pension & Post-Retirement Benefits	-	8.61	-	-	-	-
Long-Term Deferred Tax Liabilities	208.14	217.56	199.29	211.78	228.03	193.9
Other Long-Term Liabilities	59.7	52.9	51.7	56.27	54.42	45.01
Total Liabilities	1,168	1,373	1,490	1,491	1,518	2,078
Common Stock	1,174	1,192	1,192	1,192	1,192	1,192
Additional Paid-In Capital	3,638	3,767	3,767	3,767	3,740	3,743
Retained Earnings	7,289	7,142	7,037	7,084	6,483	6,955
Treasury Stock	-24.98	-200.58	-173.73	-207.28	-221.03	-262.01
Comprehensive Income & Other	120.31	112.99	131.71	116.23	101.38	91.72
Total Common Equity	12,197	12,014	11,954	11,952	11,295	11,720
Minority Interest	46.59	45.02	55.44	40.43	34.94	30.72
Shareholders' Equity	12,244	12,059	12,010	11,993	11,330	11,750
Total Liabilities & Equity	13,412	13,432	13,499	13,484	12,848	13,828
Total Debt	25.77	30.11	22.7	1.52	-	-
Net Cash (Debt)	5,121	5,629	5,308	5,577	5,185	4,973
Net Cash Growth	-7.88%	6.05%	-4.82%	7.57%	4.25%	-4.43%
Net Cash Per Share	4.42	4.80	4.54	4.78	4.40	4.24
Filing Date Shares Outstanding	1,131	976.15	1,171	1,128	1,129	1,178
Total Common Shares Outstanding	1,131	976.15	1,171	1,128	1,129	1,178
Working Capital	5,907	5,628	5,084	5,505	4,846	4,105
Book Value Per Share	10.78	12.31	10.21	10.60	10.00	9.95
Tangible Book Value	11,500	11,306	11,173	11,224	10,543	10,939
Tangible Book Value Per Share	10.17	11.58	9.54	9.95	9.34	9.29
Buildings	-	2,989	3,018	2,993	3,109	3,073
Machinery	-	5,393	5,426	5,339	5,597	5,434
Construction In Progress	-	154.17	191.35	139.09	58.14	80.48

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