Toread Holdings Group 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	659.09	577.22	747.84	763.75	844.77	565.38
Trading Asset Securities	35.9	207.03	448.37	445.06	338.8	681.9
Cash & Short-Term Investments	694.99	784.25	1,196	1,209	1,184	1,247
Cash Growth	-32.55%	-34.44%	-1.04%	2.13%	-5.11%	-3.25%
Accounts Receivable	340.96	177.02	221.85	254.65	381	484.39
Other Receivables	19.14	17.87	21.55	32.62	37.01	42.68
Receivables	360.09	194.89	243.39	287.27	418	527.07
Inventory	558.19	445.79	349.1	333.07	351.12	276.53
Prepaid Expenses	-	-	1.3	2.59	1.3	-
Other Current Assets	71.2	55.7	21.04	23.43	29.69	28.23
Total Current Assets	1,684	1,481	1,811	1,855	1,984	2,079
Property, Plant & Equipment	303.59	296.2	309.28	273.07	293.93	228.04
Long-Term Investments	261.83	272.68	193.69	109.69	56.66	69.15
Goodwill	730.8	180.57	180.57	229.56	134.37	-
Other Intangible Assets	111.82	24.63	39.52	48.27	65.01	7.66
Long-Term Accounts Receivable	-	-	-	-	7.05	-
Long-Term Deferred Tax Assets	46.38	43.64	35.94	52.07	58.72	66.45
Long-Term Deferred Charges	9.87	7.46	18.08	31.18	34.5	12.28
Other Long-Term Assets	1.4	349.58	0.88	37.22	1.39	62.41
Total Assets	3,150	2,655	2,589	2,636	2,635	2,525
Accounts Payable	433.04	387.54	328.85	255.44	245.85	177.41
Accrued Expenses	15.05	25.37	61.21	98.82	54.83	58.07
Short-Term Debt	160.94	35.91	10	0.21	-	-
Current Portion of Long-Term Debt	45.21	45	30	0.36	0.36	-
Current Portion of Leases	-	-	6.66	24.49	24.38	19.33
Current Income Taxes Payable	15.18	3.86	10.58	0.35	-	0.15
Current Unearned Revenue	60.2	29.71	36.32	41.43	49.05	24.71
Other Current Liabilities	196.23	96.68	75.01	77.96	57.97	37.01
Total Current Liabilities	925.85	624.07	558.65	499.05	432.44	316.68
Long-Term Debt	78.2	70	100	-	-	-
Long-Term Leases	11.53	11.11	6.85	8.1	30.16	26.68
Long-Term Unearned Revenue	6.04	6.5	8.46	9.58	-	-
Long-Term Deferred Tax Liabilities	13.45	0.09	0.6	0.88	0.9	-
Other Long-Term Liabilities	-	-	-	13.36	88.7	14.65
Total Liabilities	1,035	711.77	674.56	530.96	552.21	358
Common Stock	883.7	883.7	883.7	883.7	883.7	883.7
Additional Paid-In Capital	854.83	855.37	859.64	859.64	856.42	948.45
Retained Earnings	708.99	652.55	583.77	497.42	423.81	354.86
Treasury Stock	-197.67	-200.07	-200.07	-50.03	-33.22	-
Comprehensive Income & Other	-202.93	-184.59	-178.1	-84.63	-57.55	-24.59
Total Common Equity	2,047	2,007	1,949	2,106	2,073	2,162
Minority Interest	68.17	-63.33	-34.49	-0.85	9.94	4.68
Shareholders' Equity	2,115	1,944	1,914	2,105	2,083	2,167
Total Liabilities & Equity	3,150	2,655	2,589	2,636	2,635	2,525
Total Debt	295.88	162.03	153.51	33.16	54.9	46.01
Net Cash (Debt)	399.1	622.22	1,043	1,176	1,129	1,201
Net Cash Growth	-53.22%	-40.33%	-11.31%	4.16%	-6.04%	-6.82%
Net Cash Per Share	0.47	0.74	1.23	1.34	1.28	1.36
Filing Date Shares Outstanding	845	844.35	844.94	844.94	879.1	883.7
Total Common Shares Outstanding	845	844.35	844.94	876.98	879.1	883.7
Working Capital	758.62	856.56	1,252	1,356	1,551	1,762
Book Value Per Share	2.42	2.38	2.31	2.40	2.36	2.45
Tangible Book Value	1,204	1,802	1,729	1,828	1,874	2,155
Tangible Book Value Per Share	1.43	2.13	2.05	2.08	2.13	2.44
Buildings	-	-	216.66	215.8	215.8	215.8
Machinery	-	-	126.33	124.69	102.27	41.97
Construction In Progress	-	-	68	-	-	-

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