Zhuzhou Tianqiao Crane Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	835.3	1,012	904.77	900.03	395.71	360.94
Short-Term Investments	-	54.16	149.19	-	-	-
Trading Asset Securities	502.11	226.54	61.18	3.3	227.22	227.57
Cash & Short-Term Investments	1,337	1,293	1,115	903.34	622.93	588.51
Cash Growth	30.96%	15.91%	23.45%	45.02%	5.85%	9.50%
Accounts Receivable	1,576	1,659	1,607	1,694	1,601	1,923
Other Receivables	24.67	40.46	44.28	41.25	54.73	45.1
Receivables	1,600	1,699	1,651	1,735	1,656	1,968
Inventory	1,020	664.22	733.22	534.08	694.2	534.01
Prepaid Expenses	-	-	-	0.76	0.75	0.69
Other Current Assets	158.13	74.03	61.23	91.62	51.35	75.6
Total Current Assets	4,116	3,730	3,561	3,265	3,025	3,167
Property, Plant & Equipment	373.96	365.36	375.55	377.64	399.3	415.66
Long-Term Investments	365.04	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	63.41	64.79	112.66	128.05	134.03	139.84
Long-Term Deferred Tax Assets	74.54	59.47	54.02	78.62	79.98	73.29
Long-Term Deferred Charges	0.9	1.27	1.6	2.28	2.7	1.05
Other Long-Term Assets	1.1	1.49	1.2	0.17	0.14	44.28
Total Assets	5,109	4,756	4,695	4,541	4,157	4,434

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	1,405	1,299	1,288	1,042	953.99	894.23
Accrued Expenses	49.45	161.33	140.22	104.36	85.42	99.06
Short-Term Debt	10.44	40.06	87.73	193.35	173.1	357.87
Current Portion of Long-Term Debt	18.46	15.9	6.02	0.69	3.08	1
Current Portion of Leases	-	1.41	2.87	2.15	2.26	2.32
Current Income Taxes Payable	19.9	17.87	4.74	3.17	5.81	19.02
Current Unearned Revenue	771.69	548.14	530.81	477.98	274.13	292.48
Other Current Liabilities	206.91	104	81.62	98.48	94.59	143.6
Total Current Liabilities	2,482	2,187	2,142	1,922	1,592	1,810
Long-Term Debt	-	-	44.69	131.8	80.98	75.5
Long-Term Leases	10.13	1.12	3.2	2.73	4.88	4.42
Long-Term Unearned Revenue	12.43	9.12	7.77	3.61	7.37	11.11
Long-Term Deferred Tax Liabilities	3.95	2.79	13.2	32.37	32.45	43.42
Other Long-Term Liabilities	-	-	0.46	-	-	-
Total Liabilities	2,508	2,201	2,211	2,093	1,718	1,944

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	1,417	1,417	1,417	1,417	1,417	1,417
Additional Paid-In Capital	-	63.54	61.31	61.31	61.31	61.31
Retained Earnings	907.67	826.58	728.41	696.89	680.79	659.07
Comprehensive Income & Other	194.29	171.72	193.82	158.39	156.23	225.52
Total Common Equity	2,519	2,478	2,400	2,333	2,315	2,363
Minority Interest	82.13	77.12	83.6	114.98	123.66	127.29
Shareholders' Equity	2,601	2,556	2,484	2,448	2,439	2,490
Total Liabilities & Equity	5,109	4,756	4,695	4,541	4,157	4,434

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	39.02	58.5	144.5	330.71	264.3	441.11
Net Cash (Debt)	1,298	1,234	970.63	572.62	358.63	147.4
Net Cash Growth	38.05%	27.14%	69.51%	59.67%	143.29%	-9.56%
Net Cash Per Share	0.91	0.87	0.68	0.40	0.26	0.11
Filing Date Shares Outstanding	1,417	1,417	1,417	1,417	1,417	1,417
Total Common Shares Outstanding	1,417	1,417	1,417	1,417	1,417	1,417
Working Capital	1,634	1,543	1,419	1,343	1,433	1,358
Book Value Per Share	1.78	1.75	1.69	1.65	1.63	1.67
Tangible Book Value	2,341	2,300	2,173	2,088	2,064	2,106
Tangible Book Value Per Share	1.65	1.62	1.53	1.47	1.46	1.49
Buildings	-	459.66	455.35	452.04	450.38	442.07
Machinery	-	255.73	253.78	237.35	234.5	226.07
Construction In Progress	-	8.95	4.38	5.63	4.28	15.7