Zhejiang Taitan 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	749.91	902.23	852.38	1,139	866.69	469.31
Trading Asset Securities	1.11	4.2	309.4	100.67	50.59	152.1
Cash & Short-Term Investments	751.03	906.43	1,162	1,240	917.28	621.41
Cash Growth	-27.43%	-21.98%	-6.31%	35.19%	47.61%	19.66%
Accounts Receivable	1,122	1,024	828.98	652.4	848.51	849.96
Other Receivables	28.39	20.64	43.41	35.06	6.16	6.87
Receivables	1,151	1,045	872.39	687.46	854.67	856.82
Inventory	462.23	421.64	329.48	296.73	261.28	268.39
Other Current Assets	43.41	49.12	17.18	34.03	11.73	35.86
Total Current Assets	2,407	2,422	2,381	2,258	2,045	1,782
Property, Plant & Equipment	625.51	630.61	536.09	540.61	205.79	164.62
Long-Term Investments	70.09	67.6	57.27	50.03	46.98	40.77
Goodwill	18.26	18.26	18.26	18.26	-	1.05
Other Intangible Assets	58.69	59.14	60.76	62.43	39.27	40.33
Long-Term Deferred Tax Assets	26.53	33.03	21.33	18.08	31.69	30.47
Long-Term Deferred Charges	1.04	1.52	1.29	1.81	3.78	2.68
Other Long-Term Assets	22.91	24.11	20.1	21.1	53.98	13.4
Total Assets	3,230	3,256	3,096	2,971	2,426	2,076
Accounts Payable	1,121	1,116	996.74	813.61	878.85	660.91
Accrued Expenses	8.58	20.67	60.58	73.79	78.97	44.93
Short-Term Debt	54.5	57.5	73.5	66	16.3	9.8
Current Portion of Long-Term Debt	3.28	4.01	2.48	5	-	-
Current Portion of Leases	-	-	15.75	18.79	0.41	-
Current Income Taxes Payable	10.67	32.46	10.12	10.37	1.84	1.69
Current Unearned Revenue	89.56	104.67	86.65	114.93	120.06	130.92
Other Current Liabilities	44.35	45.97	22.18	37.39	17.42	18.4
Total Current Liabilities	1,332	1,381	1,268	1,140	1,114	866.65
Long-Term Debt	249.57	244.22	214.28	196.44	-	-
Long-Term Leases	3.61	3.75	3.67	22.72	5.27	5.42
Long-Term Unearned Revenue	137.56	142.15	150.09	157.11	28.75	30.79
Long-Term Deferred Tax Liabilities	3.42	3.46	3.87	5.58	1.98	10.96
Other Long-Term Liabilities	6.17	6.75	1.77	2.85	2.02	1.82
Total Liabilities	1,732	1,781	1,642	1,525	1,152	915.65
Common Stock	216.28	216.27	216.04	216	216	216
Additional Paid-In Capital	428.51	428.33	417.8	417.13	418.98	418.98
Retained Earnings	723.07	702.56	682	683.96	590.72	476.1
Comprehensive Income & Other	135.05	132.92	133.38	127.42	36.44	30.9
Total Common Equity	1,503	1,480	1,449	1,445	1,262	1,142
Minority Interest	-4.93	-5.23	5.04	1.5	12.44	18.18
Shareholders' Equity	1,498	1,475	1,454	1,446	1,275	1,160
Total Liabilities & Equity	3,230	3,256	3,096	2,971	2,426	2,076
Total Debt	310.96	309.49	309.68	308.95	21.98	15.22
Net Cash (Debt)	440.06	596.94	852.1	931.09	895.3	606.18
Net Cash Growth	-40.36%	-29.95%	-8.48%	4.00%	47.70%	18.39%
Net Cash Per Share	2.01	2.77	3.94	4.30	4.13	2.83
Filing Date Shares Outstanding	227.9	195.85	216.04	216	216	216
Total Common Shares Outstanding	227.9	195.85	216.04	216	216	216
Working Capital	1,075	1,041	1,113	1,118	931.1	915.83
Book Value Per Share	6.59	7.56	6.71	6.69	5.84	5.29
Tangible Book Value	1,426	1,403	1,370	1,364	1,223	1,101
Tangible Book Value Per Share	6.26	7.16	6.34	6.31	5.66	5.10
Buildings	-	-	381.27	344.35	183.64	145.69
Machinery	-	-	279.94	270.98	123.36	106.78
Construction In Progress	-	-	100.08	114.69	43.58	40.97

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