Chow Tai Seng Jewellery 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	716.87	807.6	1,158	851.79	1,735	1,289
Trading Asset Securities	0.06	0.07	0.05	-	-	-
Cash & Short-Term Investments	716.93	807.68	1,158	851.79	1,735	1,289
Cash Growth	-53.84%	-30.23%	35.90%	-50.92%	34.60%	-39.51%
Accounts Receivable	188.84	404.39	473.44	1,704	1,003	682.89
Other Receivables	52	50.57	51.23	66.75	31.28	23.48
Receivables	380.75	454.96	524.67	1,771	1,035	1,100
Inventory	5,364	5,000	4,270	3,643	3,342	2,748
Other Current Assets	261.7	266.79	208.62	182.62	122.38	119.93
Total Current Assets	6,724	6,530	6,161	6,448	6,235	5,257
Property, Plant & Equipment	1,039	1,031	957.44	832.31	614.75	505.29
Long-Term Investments	176.6	177.66	156.95	158.13	158.51	689.42
Other Intangible Assets	364.27	370.87	375.79	385.78	403.49	427.09
Long-Term Accounts Receivable	-	0.59	-	11.22	4.43	-
Long-Term Deferred Tax Assets	166.93	148.61	136.4	134.22	138.87	70.28
Long-Term Deferred Charges	26.61	33.03	35.92	34.66	46.1	48.37
Other Long-Term Assets	21.71	20.19	12.12	8.05	6.13	18.3
Total Assets	8,519	8,312	7,836	8,012	7,607	7,016
Accounts Payable	128.99	113.99	174	148.54	271.19	344.66
Accrued Expenses	34.08	129.78	156.14	134.52	102.76	105.22
Short-Term Debt	695.43	550.36	-	200.25	-	-
Current Portion of Long-Term Debt	77.08	-	0.92	0.02	0.02	-
Current Portion of Leases	-	73.77	61.15	65.25	50.86	39.87
Current Income Taxes Payable	151.52	87.33	87.23	146.05	103.35	139.84
Current Unearned Revenue	26.94	21.32	21.14	20.38	21.25	16.83
Other Current Liabilities	572.45	785.76	898.38	853.81	927.93	460.58
Total Current Liabilities	1,686	1,762	1,399	1,569	1,477	1,107
Long-Term Debt	-	-	17.1	18	18	18.02
Long-Term Leases	53.48	58.4	57.01	32.08	46.51	69.78
Long-Term Unearned Revenue	4.46	4.45	4.57	4.57	12.51	15.57
Long-Term Deferred Tax Liabilities	0.01	0.01	0	-	-	4.87
Other Long-Term Liabilities	5.69	10.08	6.99	4.28	3.99	3.64
Total Liabilities	1,750	1,835	1,485	1,628	1,558	1,219
Common Stock	1,085	1,085	1,096	1,096	1,096	1,096
Additional Paid-In Capital	1,168	1,168	1,327	1,327	1,327	1,333
Retained Earnings	4,843	4,549	4,423	4,444	4,105	3,551
Treasury Stock	-	-	-169.99	-169.99	-169.99	-129.26
Comprehensive Income & Other	-320.85	-320.14	-320.17	-315.95	-315.88	-64.4
Total Common Equity	6,775	6,482	6,356	6,381	6,042	5,787
Minority Interest	-6.07	-6.05	-4.88	3.37	6.65	10.08
Shareholders' Equity	6,769	6,476	6,351	6,385	6,049	5,797
Total Liabilities & Equity	8,519	8,312	7,836	8,012	7,607	7,016
Total Debt	825.99	682.53	136.18	315.61	115.39	127.67
Net Cash (Debt)	-109.06	125.14	1,021	536.18	1,620	1,162
Net Cash Growth	-	-87.75%	90.50%	-66.90%	39.46%	-45.50%
Net Cash Per Share	-0.10	0.12	0.94	0.49	1.50	1.06
Filing Date Shares Outstanding	1,085	1,085	1,085	1,085	1,085	1,086
Total Common Shares Outstanding	1,085	1,085	1,085	1,085	1,085	1,091
Working Capital	5,037	4,767	4,762	4,879	4,758	4,150
Book Value Per Share	6.24	5.97	5.86	5.88	5.57	5.30
Tangible Book Value	6,411	6,111	5,980	5,996	5,639	5,360
Tangible Book Value Per Share	5.91	5.63	5.51	5.52	5.19	4.91
Buildings	-	430.19	1.54	1.54	3.85	10.11
Machinery	-	89.82	80.65	57.47	54.65	53.14
Construction In Progress	-	407.32	806.39	721.45	505.49	375.12

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