Changzhou Tiansheng New Materials Group Co., Ltd. (SHE:300169)

SHE:300169 Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	47.59	40.1	186.42	90.94	140.25	116.75
Short-Term Investments	-	27.16	19.9	4.37	1.29	3.97
Trading Asset Securities	-	-	-	-	3.22	0
Cash & Short-Term Investments	47.59	67.27	206.32	95.31	144.75	120.72
Cash Growth	0.69%	-67.40%	116.48%	-34.16%	19.91%	-54.03%
Accounts Receivable	146.59	215.49	365.99	612.59	713.32	801.28
Other Receivables	4.92	6.64	12.61	8.01	7.97	11.73
Receivables	151.51	222.13	378.6	620.6	721.29	813.01
Inventory	62.45	66.07	75.4	113.74	170.3	171.94
Prepaid Expenses	-	-	-	1.15	-	-
Other Current Assets	32.99	11.17	10.9	12.16	20.1	32.05
Total Current Assets	294.55	366.64	671.23	842.96	1,056	1,138
Property, Plant & Equipment	327.83	332.05	338.81	347.99	357.25	379.25
Long-Term Investments	-	5.31	7.42	15.32	15.44	8.24
Goodwill	-	-	-	-	-	28.71
Other Intangible Assets	83.62	92.51	101.26	111.39	121.85	138.93
Long-Term Deferred Tax Assets	42.83	41.89	31.42	31.32	22.69	17.08
Long-Term Deferred Charges	8.76	10.42	9.62	12.06	12.7	17.62
Other Long-Term Assets	12.38	5.1	0.29	3.07	2.31	1.91
Total Assets	769.96	853.92	1,160	1,364	1,589	1,729
Accounts Payable	96.6	160.06	406.93	418.92	437.72	477.27
Accrued Expenses	13.13	28.34	18.77	25.47	20.75	19.58
Short-Term Debt	377.47	393.15	427.82	420.51	451.27	469.95
Current Portion of Long-Term Debt	-	-	22.39	19.52	-	65.57
Current Portion of Leases	216.23	70.36	71.81	83.2	77.74	-
Current Income Taxes Payable	8.34	2.61	3.18	5.13	2.96	3.57
Current Unearned Revenue	4.16	3.27	1.99	3.76	2.68	3.95
Other Current Liabilities	12.36	39.62	61.23	47.43	54.04	45.54
Total Current Liabilities	728.29	697.4	1,014	1,024	1,047	1,085
Long-Term Debt	-	36.07	-	22.9	16.03	-
Long-Term Leases	17.89	26.43	21.56	32.48	53.83	9.38
Long-Term Unearned Revenue	1.8	9.62	11.01	12.43	12.53	13.83
Long-Term Deferred Tax Liabilities	0.6	0.94	1.35	2.18	1.94	2.69
Other Long-Term Liabilities	56.16	33.58	0.84	0.69	5.1	-
Total Liabilities	804.73	804.04	1,049	1,095	1,137	1,111
Common Stock	325.98	325.98	325.98	325.98	325.98	325.98
Additional Paid-In Capital	827.71	827.71	829.66	828.62	828.62	828.61
Retained Earnings	-1,193	-1,110	-1,051	-890.64	-702.92	-538.83
Comprehensive Income & Other	8.33	8.6	7.78	6.84	1.66	3.25
Total Common Equity	-30.62	52.76	112.56	270.81	453.35	619.02
Minority Interest	-4.15	-2.88	-1.39	-1.32	-1.24	-0.87
Shareholders' Equity	-34.77	49.88	111.17	269.48	452.11	618.15
Total Liabilities & Equity	769.96	853.92	1,160	1,364	1,589	1,729
Total Debt	611.59	526.01	543.57	578.61	598.86	544.89
Net Cash (Debt)	-563.99	-458.74	-337.25	-483.3	-454.11	-424.17
Net Cash Per Share	-1.73	-1.41	-1.03	-1.49	-1.38	-1.30
Filing Date Shares Outstanding	325.98	325.98	325.98	325.98	325.98	325.98
Total Common Shares Outstanding	325.98	325.98	325.98	325.98	325.98	325.98
Working Capital	-433.74	-330.76	-342.89	-180.99	9.29	52.3
Book Value Per Share	-0.09	0.16	0.35	0.83	1.39	1.90
Tangible Book Value	-114.24	-39.75	11.3	159.42	331.5	451.38
Tangible Book Value Per Share	-0.35	-0.12	0.03	0.49	1.02	1.38
Buildings	-	429.68	384.76	383.44	383.44	383.44
Machinery	-	284.52	290.57	301.49	305.89	301.02
Construction In Progress	-	12.24	46.82	27.9	1.3	-

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