Zhejiang Taitan 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	707.34	852.38	1,139	866.69	469.31	518.03
Trading Asset Securities	237.45	309.4	100.67	50.59	152.1	1.29
Cash & Short-Term Investments	944.79	1,162	1,240	917.28	621.41	519.32
Cash Growth	-17.39%	-6.31%	35.19%	47.61%	19.66%	26.02%
Accounts Receivable	896.91	828.98	652.4	848.51	849.96	529.04
Other Receivables	32.24	43.41	35.06	6.16	6.87	4
Receivables	929.15	872.39	687.46	854.67	856.82	533.04
Inventory	446.91	329.48	296.73	261.28	268.39	145.09
Other Current Assets	39.25	17.18	34.03	11.73	35.86	20.71
Total Current Assets	2,360	2,381	2,258	2,045	1,782	1,218
Property, Plant & Equipment	550.68	536.09	540.61	205.79	164.62	144.41
Long-Term Investments	66.23	57.27	50.03	46.98	40.77	36.96
Goodwill	18.26	18.26	18.26	-	1.05	1.05
Other Intangible Assets	59.66	60.76	62.43	39.27	40.33	41.41
Long-Term Deferred Tax Assets	22.98	21.33	18.08	31.69	30.47	21.25
Long-Term Deferred Charges	1.17	1.29	1.81	3.78	2.68	1.35
Other Long-Term Assets	21.87	20.1	21.1	53.98	13.4	20.44
Total Assets	3,101	3,096	2,971	2,426	2,076	1,485
Accounts Payable	1,003	996.74	813.61	878.85	660.91	521.17
Accrued Expenses	10.15	60.58	73.79	78.97	44.93	28.47
Short-Term Debt	67	73.5	66	16.3	9.8	7.3
Current Portion of Long-Term Debt	-	2.48	5	-	-	-
Current Portion of Leases	5.1	15.75	18.79	0.41	-	-
Current Income Taxes Payable	9.23	10.12	10.37	1.84	1.69	0.09
Current Unearned Revenue	105.73	86.65	114.93	120.06	130.92	46.87
Other Current Liabilities	51.26	22.18	37.39	17.42	18.4	8.4
Total Current Liabilities	1,252	1,268	1,140	1,114	866.65	612.3
Long-Term Debt	228.84	214.28	196.44	-	-	-
Long-Term Leases	-	3.67	22.72	5.27	5.42	-
Long-Term Unearned Revenue	141.07	150.09	157.11	28.75	30.79	23.41
Long-Term Deferred Tax Liabilities	3.79	3.87	5.58	1.98	10.96	6.89
Other Long-Term Liabilities	1.36	1.77	2.85	2.02	1.82	1.26
Total Liabilities	1,627	1,642	1,525	1,152	915.65	643.86
Common Stock	216.27	216.04	216	216	216	162
Additional Paid-In Capital	420.8	417.8	417.13	418.98	418.98	220.21
Retained Earnings	697.33	682	683.96	590.72	476.1	416.12
Comprehensive Income & Other	131.62	133.38	127.42	36.44	30.9	27.6
Total Common Equity	1,466	1,449	1,445	1,262	1,142	825.93
Minority Interest	8.08	5.04	1.5	12.44	18.18	15.24
Shareholders' Equity	1,474	1,454	1,446	1,275	1,160	841.17
Total Liabilities & Equity	3,101	3,096	2,971	2,426	2,076	1,485
Total Debt	300.94	309.68	308.95	21.98	15.22	7.3
Net Cash (Debt)	643.86	852.1	931.09	895.3	606.18	512.02
Net Cash Growth	-23.13%	-8.48%	4.00%	47.70%	18.39%	24.25%
Net Cash Per Share	2.94	3.94	4.30	4.13	2.83	3.16
Filing Date Shares Outstanding	216.27	216.04	216	216	216	162
Total Common Shares Outstanding	216.27	216.04	216	216	216	162
Working Capital	1,108	1,113	1,118	931.1	915.83	605.85
Book Value Per Share	6.78	6.71	6.69	5.84	5.29	5.10
Tangible Book Value	1,388	1,370	1,364	1,223	1,101	783.47
Tangible Book Value Per Share	6.42	6.34	6.31	5.66	5.10	4.84
Buildings	-	381.27	344.35	183.64	145.69	145.69
Machinery	-	279.94	270.98	123.36	106.78	85.51
Construction In Progress	-	100.08	114.69	43.58	40.97	33.1

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