Shenzhen MTC 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	3,919	4,678	4,092	4,196	2,333	3,650
Trading Asset Securities	216.62	143.99	203.86	931.74	879.88	177.06
Cash & Short-Term Investments	4,136	4,822	4,296	5,128	3,212	3,827
Cash Growth	-4.31%	12.25%	-16.23%	59.63%	-16.06%	-17.70%
Accounts Receivable	6,610	6,291	5,279	4,847	8,977	7,578
Other Receivables	3,159	3,104	2,580	1,742	92.96	96.93
Receivables	9,769	9,395	7,859	6,589	9,070	7,675
Inventory	3,383	3,408	2,678	2,233	2,504	2,376
Other Current Assets	791.61	992.1	650.7	707	871.04	5,739
Total Current Assets	18,079	18,617	15,484	14,657	15,657	19,617
Property, Plant & Equipment	7,451	7,950	8,088	7,538	6,427	5,369
Long-Term Investments	982.67	982.67	1,690	1,975	1,897	2.33
Goodwill	556.59	556.59	573.29	490.64	562.41	654.04
Other Intangible Assets	342.67	356.57	418.97	505.27	521.39	577.06
Long-Term Deferred Tax Assets	6.78	6.2	6.68	4.72	123.2	66.39
Long-Term Deferred Charges	64.63	47.55	34.53	19.79	78.48	111.66
Other Long-Term Assets	516.71	485.05	427.53	418.78	325.03	155.55
Total Assets	28,000	29,001	26,724	25,608	25,592	26,553
Accounts Payable	3,617	4,315	4,943	4,301	4,643	6,056
Accrued Expenses	188.47	459.91	523.74	487.29	456.16	244.03
Short-Term Debt	2,120	2,231	1,080	3,439	3,428	5,172
Current Portion of Long-Term Debt	1,051	1,047	95	290.22	2,111	1,500
Current Portion of Leases	-	14.15	6.48	4.57	4.82	-
Current Income Taxes Payable	45.34	62.64	9.91	7.63	4.91	35.71
Current Unearned Revenue	79.92	78.86	80.98	84.64	71.9	347.56
Other Current Liabilities	351.11	333.73	951.06	674.33	54.83	282
Total Current Liabilities	7,454	8,542	7,689	9,289	10,774	13,637
Long-Term Debt	1,808	2,088	1,611	1,201	517.63	-
Long-Term Leases	403.87	692.9	855.31	6.01	10.58	-
Long-Term Unearned Revenue	1,027	1,038	993.01	851.59	864.6	212.29
Long-Term Deferred Tax Liabilities	356.85	313.42	340.25	290.07	389.08	274.31
Other Long-Term Liabilities	-	-	7.76	77.15	77.4	680.94
Total Liabilities	11,049	12,674	11,497	11,715	12,633	14,805
Common Stock	4,527	4,527	4,527	4,527	4,527	4,527
Additional Paid-In Capital	918.9	918.9	910.36	910.07	901	117.23
Retained Earnings	11,206	10,685	9,574	8,329	7,183	6,850
Treasury Stock	-	-	-	-	-98	-98
Comprehensive Income & Other	-245.49	-245.49	-209.35	-153.59	-25.54	-0.34
Total Common Equity	16,406	15,885	14,802	13,613	12,488	11,396
Minority Interest	544.33	441.93	425.32	280.79	470.98	351.46
Shareholders' Equity	16,950	16,327	15,227	13,894	12,959	11,748
Total Liabilities & Equity	28,000	29,001	26,724	25,608	25,592	26,553
Total Debt	5,384	6,072	3,647	4,941	6,072	6,672
Net Cash (Debt)	-1,248	-1,250	648.39	187.43	-2,859	-2,845
Net Cash Growth	-	-	245.93%	-	-	-
Net Cash Per Share	-0.27	-0.27	0.14	0.04	-0.60	-0.63
Filing Date Shares Outstanding	4,527	4,527	4,527	4,527	4,493	4,493
Total Common Shares Outstanding	4,527	4,527	4,527	4,527	4,493	4,493
Working Capital	10,625	10,075	7,795	5,368	4,883	5,980
Book Value Per Share	3.62	3.51	3.27	3.01	2.78	2.54
Tangible Book Value	15,507	14,972	13,809	12,617	11,404	10,165
Tangible Book Value Per Share	3.43	3.31	3.05	2.79	2.54	2.26
Buildings	-	1,769	1,665	1,397	1,350	892.55
Machinery	-	8,757	7,851	6,048	5,017	4,332
Construction In Progress	-	396.06	845.03	1,743	1,195	879.76

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