Zhuzhou Tianqiao Crane 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	799.08	1,012	904.77	900.03	395.71	360.94
Short-Term Investments	-	-	149.19	-	-	-
Trading Asset Securities	446.95	226.54	61.18	3.3	227.22	227.57
Cash & Short-Term Investments	1,246	1,238	1,115	903.34	622.93	588.51
Cash Growth	22.48%	11.05%	23.45%	45.02%	5.85%	9.50%
Accounts Receivable	1,656	1,659	1,607	1,694	1,601	1,923
Other Receivables	31.09	24.92	44.28	41.25	54.73	45.1
Receivables	1,687	1,684	1,651	1,735	1,656	1,968
Inventory	737.22	664.22	733.22	534.08	694.2	534.01
Prepaid Expenses	-	-	-	0.76	0.75	0.69
Other Current Assets	102.07	143.73	61.23	91.62	51.35	75.6
Total Current Assets	3,772	3,730	3,561	3,265	3,025	3,167
Property, Plant & Equipment	361.24	365.36	375.55	377.64	399.3	415.66
Long-Term Investments	399.9	419.58	475.02	572.28	398.42	475.5
Goodwill	114.11	114.11	114.11	117.03	117.03	117.03
Other Intangible Assets	64.14	64.79	112.66	128.05	134.03	139.84
Long-Term Deferred Tax Assets	64.89	59.47	54.02	78.62	79.98	73.29
Long-Term Deferred Charges	1.2	1.27	1.6	2.28	2.7	1.05
Other Long-Term Assets	1.43	1.49	1.2	0.17	0.14	44.28
Total Assets	4,779	4,756	4,695	4,541	4,157	4,434
Accounts Payable	1,202	1,299	1,288	1,042	953.99	894.23
Accrued Expenses	39.13	82.05	140.22	104.36	85.42	99.06
Short-Term Debt	0.33	40.06	87.73	193.35	173.1	357.87
Current Portion of Long-Term Debt	17.3	17.31	6.02	0.69	3.08	1
Current Portion of Leases	-	-	2.87	2.15	2.26	2.32
Current Income Taxes Payable	18.44	38.2	4.74	3.17	5.81	19.02
Current Unearned Revenue	785.44	548.14	530.81	477.98	274.13	292.48
Other Current Liabilities	152.37	162.95	81.62	98.48	94.59	143.6
Total Current Liabilities	2,215	2,187	2,142	1,922	1,592	1,810
Long-Term Debt	-	-	44.69	131.8	80.98	75.5
Long-Term Leases	0.79	1.12	3.2	2.73	4.88	4.42
Long-Term Unearned Revenue	12.11	9.12	7.77	3.61	7.37	11.11
Long-Term Deferred Tax Liabilities	2.76	2.79	13.2	32.37	32.45	43.42
Other Long-Term Liabilities	-	-	0.46	-	-	-
Total Liabilities	2,231	2,201	2,211	2,093	1,718	1,944
Common Stock	1,417	1,417	1,417	1,417	1,417	1,417
Additional Paid-In Capital	63.54	63.54	61.31	61.31	61.31	61.31
Retained Earnings	844.71	826.58	728.41	696.89	680.79	659.07
Comprehensive Income & Other	146.79	171.72	193.82	158.39	156.23	225.52
Total Common Equity	2,472	2,478	2,400	2,333	2,315	2,363
Minority Interest	76.59	77.12	83.6	114.98	123.66	127.29
Shareholders' Equity	2,548	2,556	2,484	2,448	2,439	2,490
Total Liabilities & Equity	4,779	4,756	4,695	4,541	4,157	4,434
Total Debt	18.42	58.5	144.5	330.71	264.3	441.11
Net Cash (Debt)	1,228	1,180	970.63	572.62	358.63	147.4
Net Cash Growth	36.62%	21.56%	69.51%	59.67%	143.29%	-9.56%
Net Cash Per Share	0.87	0.83	0.68	0.40	0.26	0.11
Filing Date Shares Outstanding	1,395	1,425	1,417	1,417	1,417	1,417
Total Common Shares Outstanding	1,395	1,425	1,417	1,417	1,417	1,417
Working Capital	1,557	1,543	1,419	1,343	1,433	1,358
Book Value Per Share	1.77	1.74	1.69	1.65	1.63	1.67
Tangible Book Value	2,293	2,300	2,173	2,088	2,064	2,106
Tangible Book Value Per Share	1.64	1.61	1.53	1.47	1.46	1.49
Buildings	-	-	455.35	452.04	450.38	442.07
Machinery	-	-	253.78	237.35	234.5	226.07
Construction In Progress	-	-	4.38	5.63	4.28	15.7

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