Qingdao TGOOD Electric Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	3,502	2,742	2,838	3,025	3,103
Short-Term Investments	100	-	-	-	-
Trading Asset Securities	200	-	19.69	50	-
Cash & Short-Term Investments	3,802	2,742	2,857	3,075	3,103
Cash Growth	38.63%	-4.03%	-7.09%	-0.89%	35.79%
Accounts Receivable	11,515	11,430	9,718	8,442	6,931
Other Receivables	379.07	309.45	556.05	757.57	438.65
Receivables	11,894	11,739	10,274	9,199	7,370
Inventory	955.7	1,206	1,609	1,404	1,258
Prepaid Expenses	19.5	6.8	51.59	13.65	60.68
Other Current Assets	494.48	546.52	525.22	502.78	1,139
Total Current Assets	17,165	16,241	15,317	14,195	12,930
Property, Plant & Equipment	4,493	4,746	5,091	4,502	4,127
Long-Term Investments	1,968	1,766	1,621	1,584	1,447
Goodwill	191.21	189.29	189.29	189.29	189.29
Other Intangible Assets	674.68	718.57	778.91	862.76	880.66
Long-Term Accounts Receivable	-	367.23	72.49	-	-
Long-Term Deferred Tax Assets	807.67	815.28	711.87	578.61	539.05
Long-Term Deferred Charges	25.26	15.17	21.22	11.26	12.78
Other Long-Term Assets	415.87	155.15	74.64	85	61.47
Total Assets	25,741	25,013	23,877	22,007	20,200
Accounts Payable	8,082	8,079	7,735	6,608	5,686
Accrued Expenses	834.06	903.17	690.82	598.22	361.04
Short-Term Debt	2,777	2,334	2,431	2,706	2,953
Current Portion of Long-Term Debt	771.18	766.22	304.21	467.57	400.59
Current Portion of Leases	165.41	168.38	148.05	118.45	109.92
Current Income Taxes Payable	114.59	85.56	59.23	27.08	27.5
Current Unearned Revenue	683.01	718.49	700.62	722.64	470.28
Other Current Liabilities	957.85	973.3	975.36	745.61	739.08
Total Current Liabilities	14,385	14,028	13,044	11,994	10,748
Long-Term Debt	611.58	964.45	1,454	1,470	1,347
Long-Term Leases	768.34	1,021	1,042	781.99	681.89
Long-Term Unearned Revenue	363.23	426.84	508.4	419.15	374.26
Long-Term Deferred Tax Liabilities	81.25	93.82	90.66	69.8	51.58
Other Long-Term Liabilities	14.14	17.53	42.62	28.24	30.76
Total Liabilities	16,223	16,551	16,181	14,763	13,233
Common Stock	1,056	1,056	1,056	1,041	1,041
Additional Paid-In Capital	3,469	3,527	3,499	3,296	3,268
Retained Earnings	4,287	3,201	2,388	1,950	1,696
Treasury Stock	-270.35	-321.79	-266.7	-	-
Comprehensive Income & Other	4.72	12.64	12.77	12.16	11.56
Total Common Equity	8,546	7,475	6,689	6,298	6,016
Minority Interest	971.75	987.51	1,006	945.89	950.79
Shareholders' Equity	9,518	8,462	7,696	7,244	6,967
Total Liabilities & Equity	25,741	25,013	23,877	22,007	20,200
Total Debt	5,093	5,254	5,379	5,544	5,493
Net Cash (Debt)	-1,292	-2,512	-2,522	-2,469	-2,390
Net Cash Per Share	-1.25	-2.44	-2.46	-2.36	-2.30
Filing Date Shares Outstanding	1,047	1,040	1,040	1,041	1,041
Total Common Shares Outstanding	1,047	1,040	1,040	1,041	1,041
Working Capital	2,780	2,213	2,273	2,201	2,182
Book Value Per Share	8.16	7.19	6.43	6.05	5.78
Tangible Book Value	7,680	6,567	5,721	5,246	4,946
Tangible Book Value Per Share	7.33	6.31	5.50	5.04	4.75
Buildings	1,591	1,218	1,159	752.1	734.46
Machinery	3,943	4,020	4,263	4,062	3,510
Construction In Progress	203.01	358.45	191.27	397.79	391.78

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