Tongyu Heavy Industry 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	685.87	1,285	1,454	1,778	1,018	1,228
Short-Term Investments	-	165.38	-	-	-	-
Trading Asset Securities	0.65	0.65	49	221.93	-	-
Cash & Short-Term Investments	686.52	1,451	1,503	2,000	1,018	1,228
Cash Growth	-42.99%	-3.45%	-24.83%	96.56%	-17.14%	-12.79%
Accounts Receivable	3,169	2,969	3,025	3,459	3,216	2,644
Other Receivables	21.18	18.59	14.9	49.09	26.57	14.47
Receivables	3,191	2,987	3,040	3,508	3,243	2,659
Inventory	3,183	3,088	3,191	3,133	2,428	2,333
Prepaid Expenses	-	5.49	3.39	-	9.68	1.78
Other Current Assets	405.47	393.83	320.73	492.7	409.69	235.45
Total Current Assets	7,466	7,926	8,059	9,134	7,107	6,457
Property, Plant & Equipment	6,697	6,726	6,604	5,746	5,340	5,072
Long-Term Investments	38.89	40.88	207.85	200.37	51.86	35.41
Goodwill	-	-	22.3	42.51	45.77	48.87
Other Intangible Assets	412.98	418.12	430.19	443.94	454.28	477.63
Long-Term Accounts Receivable	-	253.26	264.91	111.51	311.81	176.42
Long-Term Deferred Tax Assets	60.07	47.17	37.01	78.32	74.19	72.78
Long-Term Deferred Charges	15.29	8.01	1.86	8.39	18.31	23.83
Other Long-Term Assets	204.7	99.98	8.01	9.89	67.77	54.15
Total Assets	14,895	15,520	15,634	15,774	13,471	12,419
Accounts Payable	1,680	1,517	1,689	1,249	1,048	923.36
Accrued Expenses	236.45	244.82	218.88	218.01	208.77	218.52
Short-Term Debt	1,919	3,521	3,775	4,308	3,433	3,161
Current Portion of Long-Term Debt	673.77	419.02	209.4	243.75	52.25	29.45
Current Portion of Leases	-	0.27	33.75	164.51	327.55	342.13
Current Income Taxes Payable	61.86	14.95	21.11	19.54	10.53	26.91
Current Unearned Revenue	201.17	145.77	165.12	167.1	157.38	124.01
Other Current Liabilities	427.63	447.22	493.17	787.77	1,037	745.27
Total Current Liabilities	5,201	6,309	6,605	7,158	6,274	5,571
Long-Term Debt	2,676	2,217	2,066	1,516	325.12	592.31
Long-Term Leases	0.29	0.28	0.55	32.07	195.61	388.48
Long-Term Unearned Revenue	42.16	41.24	47.15	31.17	37.08	30.55
Long-Term Deferred Tax Liabilities	28.21	33.99	32.83	93.42	83.55	67.24
Other Long-Term Liabilities	1.02	1.46	2.6	-	-	-
Total Liabilities	7,949	8,603	8,754	8,830	6,916	6,649
Common Stock	3,897	3,897	3,897	3,897	3,897	3,268
Additional Paid-In Capital	1,525	1,457	1,370	1,370	1,370	1,145
Retained Earnings	1,315	1,250	1,306	1,374	1,245	1,155
Comprehensive Income & Other	265.54	261.1	256.03	255.6	0.45	-1
Total Common Equity	6,893	6,865	6,829	6,896	6,512	5,567
Minority Interest	53.81	51.42	50.78	47.44	43.48	201.93
Shareholders' Equity	6,947	6,917	6,880	6,944	6,556	5,769
Total Liabilities & Equity	14,895	15,520	15,634	15,774	13,471	12,419
Total Debt	5,270	6,157	6,085	6,265	4,333	4,513
Net Cash (Debt)	-4,583	-4,705	-4,581	-4,265	-3,316	-3,285
Net Cash Per Share	-1.12	-1.14	-1.12	-1.04	-0.93	-1.03
Filing Date Shares Outstanding	3,856	3,877	3,897	3,897	3,897	3,268
Total Common Shares Outstanding	3,856	3,897	3,897	3,897	3,897	3,268
Working Capital	2,265	1,617	1,454	1,976	833.09	886.46
Book Value Per Share	1.79	1.76	1.75	1.77	1.67	1.70
Tangible Book Value	6,480	6,447	6,377	6,410	6,012	5,041
Tangible Book Value Per Share	1.68	1.65	1.64	1.64	1.54	1.54
Buildings	-	3,147	3,009	2,617	2,396	2,296
Machinery	-	5,781	5,069	4,835	4,662	4,332
Construction In Progress	-	887.45	1,267	707.7	420.82	266.55

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