Taier Heavy Industry 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	333.58	411.12	375.15	385.16	526.91	256.99
Cash & Short-Term Investments	333.58	411.12	375.15	385.16	526.91	256.99
Cash Growth	3.63%	9.59%	-2.60%	-26.90%	105.03%	-17.95%
Accounts Receivable	995.64	962.04	967.44	999.48	967.24	786.49
Other Receivables	21.08	18.09	13.45	17.43	12.13	9.12
Receivables	1,017	980.13	980.9	1,017	979.38	795.61
Inventory	419.1	485.98	437.95	526.06	572.32	501.36
Prepaid Expenses	-	-	-	-	3.37	4.3
Other Current Assets	26.94	48.75	51.71	36.45	42.7	29.2
Total Current Assets	1,796	1,926	1,846	1,965	2,125	1,587
Property, Plant & Equipment	305.7	315.21	282.48	329.86	248.74	240.37
Long-Term Investments	135.69	143.13	152.01	146.97	145.02	152.38
Other Intangible Assets	127.73	139.35	147.1	66.88	54.33	56.67
Long-Term Deferred Tax Assets	23.57	23.09	23.76	21.54	16.91	20.5
Long-Term Deferred Charges	13.02	16.89	23.87	9.05	7.71	4.36
Other Long-Term Assets	3.1	3.13	3.12	5.59	0.65	-
Total Assets	2,405	2,567	2,478	2,544	2,598	2,062
Accounts Payable	681.55	785.19	770.52	762.57	874.85	517.51
Accrued Expenses	32.55	53.41	61.54	60.07	67.91	55.52
Short-Term Debt	94.09	77.67	66.29	79.02	119.33	182.32
Current Portion of Long-Term Debt	16.64	8	49.65	4	12.01	-
Current Portion of Leases	-	8.88	6.2	4.31	3.46	-
Current Income Taxes Payable	7.2	6.74	2.49	1.85	0.3	5.21
Current Unearned Revenue	74.17	80.76	73.78	73.99	74.35	75.77
Other Current Liabilities	238.14	232.31	182.75	213.32	16.51	12.92
Total Current Liabilities	1,144	1,253	1,213	1,199	1,169	849.26
Long-Term Debt	52.62	27.1	5.47	43.96	28.04	18.02
Long-Term Leases	6.35	14.04	18.11	15.52	0.55	-
Long-Term Unearned Revenue	28.11	31.03	20.29	22.13	26.51	28.57
Long-Term Deferred Tax Liabilities	-	-	-	1.47	-	-
Total Liabilities	1,231	1,325	1,257	1,282	1,224	895.86
Common Stock	504.7	504.7	504.7	504.7	504.7	447.02
Additional Paid-In Capital	588.86	588.86	588.86	593.05	655.84	490.29
Retained Earnings	40.06	103.85	89.26	131.77	170.35	195.06
Comprehensive Income & Other	10.93	10.42	9.54	7.67	5.37	3.81
Total Common Equity	1,145	1,208	1,192	1,237	1,336	1,136
Minority Interest	29.19	33.84	28.63	25.08	37.94	29.7
Shareholders' Equity	1,174	1,242	1,221	1,262	1,374	1,166
Total Liabilities & Equity	2,405	2,567	2,478	2,544	2,598	2,062
Total Debt	169.71	135.69	145.72	146.82	163.38	200.35
Net Cash (Debt)	163.87	275.44	229.44	238.34	363.52	56.64
Net Cash Growth	-20.77%	20.05%	-3.74%	-34.44%	541.76%	-4.91%
Net Cash Per Share	0.32	0.55	0.45	0.47	0.80	0.13
Filing Date Shares Outstanding	504.7	504.7	504.7	504.7	504.7	447.02
Total Common Shares Outstanding	504.7	504.7	504.7	504.7	504.7	447.02
Working Capital	652	673.03	632.5	765.47	955.94	738.2
Book Value Per Share	2.27	2.39	2.36	2.45	2.65	2.54
Tangible Book Value	1,017	1,068	1,045	1,170	1,282	1,080
Tangible Book Value Per Share	2.01	2.12	2.07	2.32	2.54	2.41
Buildings	-	206.57	202.08	199.82	199.85	197.05
Machinery	-	453.71	449.88	390.2	355.76	352.16
Construction In Progress	-	59.23	4.47	87.72	35.18	9.55

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