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 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	340.51	511.68	411.12	375.15	385.16	526.91
Cash & Short-Term Investments	340.51	511.68	411.12	375.15	385.16	526.91
Cash Growth	-5.37%	24.46%	9.59%	-2.60%	-26.90%	105.03%
Accounts Receivable	939.96	826.44	962.04	967.44	999.48	967.24
Other Receivables	16.87	13.56	18.09	13.45	17.43	12.13
Receivables	956.83	840	980.13	980.9	1,017	979.38
Inventory	432.01	390.28	485.98	437.95	526.06	572.32
Prepaid Expenses	-	-	-	-	-	3.37
Other Current Assets	32.57	38.98	48.75	51.71	36.45	42.7
Total Current Assets	1,762	1,781	1,926	1,846	1,965	2,125
Property, Plant & Equipment	312.43	300	315.21	282.48	329.86	248.74
Long-Term Investments	130.33	132.55	143.13	152.01	146.97	145.02
Other Intangible Assets	119.84	123.97	139.35	147.1	66.88	54.33
Long-Term Deferred Tax Assets	24.81	23.73	23.09	23.76	21.54	16.91
Long-Term Deferred Charges	8.55	10.34	16.89	23.87	9.05	7.71
Other Long-Term Assets	0.58	13.89	3.13	3.12	5.59	0.65
Total Assets	2,358	2,385	2,567	2,478	2,544	2,598
Accounts Payable	685.84	740.99	785.19	770.52	762.57	874.85
Accrued Expenses	29.73	36.1	53.41	61.54	60.07	67.91
Short-Term Debt	118.61	125.4	77.67	66.29	79.02	119.33
Current Portion of Long-Term Debt	10.8	10.83	8	49.65	4	12.01
Current Portion of Leases	-	-	8.88	6.2	4.31	3.46
Current Income Taxes Payable	7.73	11.06	6.74	2.49	1.85	0.3
Current Unearned Revenue	91.41	79.07	80.76	73.78	73.99	74.35
Other Current Liabilities	168.94	125.63	232.31	182.75	213.32	16.51
Total Current Liabilities	1,113	1,129	1,253	1,213	1,199	1,169
Long-Term Debt	100	101.5	27.1	5.47	43.96	28.04
Long-Term Leases	2.22	3.08	14.04	18.11	15.52	0.55
Long-Term Unearned Revenue	29.74	30.87	31.03	20.29	22.13	26.51
Long-Term Deferred Tax Liabilities	-	-	-	-	1.47	-
Total Liabilities	1,245	1,265	1,325	1,257	1,282	1,224
Common Stock	504.7	504.7	504.7	504.7	504.7	504.7
Additional Paid-In Capital	596.02	596.02	588.86	588.86	593.05	655.84
Retained Earnings	-8.82	-1.19	103.85	89.26	131.77	170.35
Comprehensive Income & Other	12.16	12.17	10.42	9.54	7.67	5.37
Total Common Equity	1,104	1,112	1,208	1,192	1,237	1,336
Minority Interest	9.39	9.2	33.84	28.63	25.08	37.94
Shareholders' Equity	1,113	1,121	1,242	1,221	1,262	1,374
Total Liabilities & Equity	2,358	2,385	2,567	2,478	2,544	2,598
Total Debt	231.62	240.8	135.69	145.72	146.82	163.38
Net Cash (Debt)	108.89	270.88	275.44	229.44	238.34	363.52
Net Cash Growth	-46.64%	-1.65%	20.05%	-3.74%	-34.44%	541.76%
Net Cash Per Share	0.22	0.54	0.55	0.45	0.47	0.80
Filing Date Shares Outstanding	505.62	505.13	504.7	504.7	504.7	504.7
Total Common Shares Outstanding	505.62	505.13	504.7	504.7	504.7	504.7
Working Capital	648.86	651.86	673.03	632.5	765.47	955.94
Book Value Per Share	2.18	2.20	2.39	2.36	2.45	2.65
Tangible Book Value	984.22	987.73	1,068	1,045	1,170	1,282
Tangible Book Value Per Share	1.95	1.96	2.12	2.07	2.32	2.54
Buildings	-	-	206.57	202.08	199.82	199.85
Machinery	-	-	453.71	449.88	390.2	355.76
Construction In Progress	-	-	59.23	4.47	87.72	35.18

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