Shenzhen MTC 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	3,920	4,486	4,678	4,092	4,196	2,333
Trading Asset Securities	206.91	115.98	143.99	203.86	931.74	879.88
Cash & Short-Term Investments	4,127	4,602	4,822	4,296	5,128	3,212
Cash Growth	-24.70%	-4.57%	12.25%	-16.23%	59.63%	-16.06%
Accounts Receivable	3,644	5,483	6,291	5,279	4,847	8,977
Other Receivables	3,723	2,948	3,104	2,580	1,742	92.96
Receivables	7,367	8,432	9,395	7,859	6,589	9,070
Inventory	3,733	3,205	3,408	2,678	2,233	2,504
Other Current Assets	1,001	803.83	992.1	650.7	707	871.04
Total Current Assets	16,229	17,042	18,617	15,484	14,657	15,657
Property, Plant & Equipment	7,347	7,465	7,950	8,088	7,538	6,427
Long-Term Investments	983.52	983.52	982.67	1,690	1,975	1,897
Goodwill	556.59	556.59	556.59	573.29	490.64	562.41
Other Intangible Assets	327.44	337.89	356.57	418.97	505.27	521.39
Long-Term Deferred Tax Assets	57.09	54.57	6.2	6.68	4.72	123.2
Long-Term Deferred Charges	122.46	118.01	47.55	34.53	19.79	78.48
Other Long-Term Assets	578.51	497.18	485.05	427.53	418.78	325.03
Total Assets	26,201	27,055	29,001	26,724	25,608	25,592
Accounts Payable	2,783	3,288	4,315	4,943	4,301	4,643
Accrued Expenses	149.1	418.31	459.91	523.74	487.29	456.16
Short-Term Debt	1,477	1,543	2,231	1,080	3,439	3,428
Current Portion of Long-Term Debt	259.25	428.61	405.27	95	290.22	2,111
Current Portion of Leases	-	170.34	14.15	6.48	4.57	4.82
Current Income Taxes Payable	34.62	6.82	62.64	9.91	7.63	4.91
Current Unearned Revenue	102.61	104.36	78.86	80.98	84.64	71.9
Other Current Liabilities	248.42	117.32	975.09	951.06	674.33	54.83
Total Current Liabilities	5,054	6,077	8,542	7,689	9,289	10,774
Long-Term Debt	2,034	1,903	2,088	1,611	1,201	517.63
Long-Term Leases	72.11	333.81	692.9	855.31	6.01	10.58
Long-Term Unearned Revenue	1,078	1,061	1,038	993.01	851.59	864.6
Long-Term Deferred Tax Liabilities	405.8	370.24	313.42	340.25	290.07	389.08
Other Long-Term Liabilities	-	-	-	7.76	77.15	77.4
Total Liabilities	8,644	9,745	12,674	11,497	11,715	12,633
Common Stock	4,527	4,527	4,527	4,527	4,527	4,527
Additional Paid-In Capital	918.9	918.9	918.9	910.36	910.07	901
Retained Earnings	11,713	11,504	10,685	9,574	8,329	7,183
Treasury Stock	-	-	-	-	-	-98
Comprehensive Income & Other	-244.35	-244.35	-245.49	-209.35	-153.59	-25.54
Total Common Equity	16,915	16,705	15,885	14,802	13,613	12,488
Minority Interest	642.52	605.36	441.93	425.32	280.79	470.98
Shareholders' Equity	17,557	17,310	16,327	15,227	13,894	12,959
Total Liabilities & Equity	26,201	27,055	29,001	26,724	25,608	25,592
Total Debt	3,842	4,379	5,431	3,647	4,941	6,072
Net Cash (Debt)	285.04	222.92	-608.63	648.39	187.43	-2,859
Net Cash Growth	-	-	-	245.93%	-	-
Net Cash Per Share	0.06	0.05	-0.13	0.14	0.04	-0.60
Filing Date Shares Outstanding	4,527	4,527	4,527	4,527	4,527	4,493
Total Common Shares Outstanding	4,527	4,527	4,527	4,527	4,527	4,493
Working Capital	11,175	10,966	10,075	7,795	5,368	4,883
Book Value Per Share	3.74	3.69	3.51	3.27	3.01	2.78
Tangible Book Value	16,031	15,811	14,972	13,809	12,617	11,404
Tangible Book Value Per Share	3.54	3.49	3.31	3.05	2.79	2.54
Buildings	-	1,757	1,769	1,665	1,397	1,350
Machinery	-	9,002	8,757	7,851	6,048	5,017
Construction In Progress	-	401.16	396.06	845.03	1,743	1,195

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