Tus-Design Group 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	563.02	734.59	628.83	537.64	644.11	552.37
Trading Asset Securities	-	-	58.79	77.8	67.7	76.8
Cash & Short-Term Investments	563.02	734.59	687.62	615.44	711.81	629.17
Cash Growth	-10.72%	6.83%	11.73%	-13.54%	13.13%	23.49%
Accounts Receivable	1,021	1,196	1,657	1,964	1,729	1,192
Other Receivables	50.51	40.82	71.85	18.25	33.91	40.38
Receivables	1,072	1,237	1,729	1,982	1,763	1,232
Inventory	-	4.23	7.56	3.27	6.49	1.52
Prepaid Expenses	-	-	-	0.55	-	-
Other Current Assets	70.76	59.1	49.55	39.48	29.14	45.68
Total Current Assets	1,706	2,035	2,473	2,641	2,510	1,908
Property, Plant & Equipment	476.24	519.86	432.48	366.51	330.1	232.77
Long-Term Investments	204.5	208.04	187.43	213.75	124.14	113.72
Goodwill	12.17	12.17	60.73	266.68	266.68	285.96
Other Intangible Assets	129.14	134.2	158.12	167.17	170.82	175.27
Long-Term Accounts Receivable	-	13.62	14.21	-	-	-
Long-Term Deferred Tax Assets	81.32	84.71	54.89	50.4	28	21.99
Long-Term Deferred Charges	2.49	4.2	6.16	5.46	7.67	9.15
Other Long-Term Assets	47.02	30.78	50.81	0.15	5.49	5.97
Total Assets	2,659	3,042	3,438	3,711	3,443	2,753
Accounts Payable	712.01	891.55	1,067	1,073	897.8	429.3
Accrued Expenses	73.01	127.2	109.4	113.46	107.99	95.53
Short-Term Debt	90.06	187.69	276.58	403.86	331.78	320.08
Current Portion of Long-Term Debt	0.19	16.39	73.06	-	-	-
Current Portion of Leases	-	10.57	9.21	7.2	59.07	47.5
Current Income Taxes Payable	12.25	37.95	12.46	16.66	33.69	31.92
Current Unearned Revenue	287.41	316.74	401.6	294.07	229.43	209.59
Other Current Liabilities	71.17	61.91	44.55	42.72	42.17	49.7
Total Current Liabilities	1,246	1,650	1,993	1,951	1,702	1,184
Long-Term Debt	263.73	229.45	160.57	98.99	41.6	-
Long-Term Leases	7.18	19.82	22.27	21.4	30.22	-
Long-Term Unearned Revenue	-	-	-	14.5	24.59	26.93
Long-Term Deferred Tax Liabilities	1.47	1.51	2.45	9.53	8.31	11.6
Other Long-Term Liabilities	-	-	0.31	0.65	0.58	-
Total Liabilities	1,518	1,901	2,179	2,096	1,807	1,222
Common Stock	173.97	173.97	173.97	173.97	174.14	174.48
Additional Paid-In Capital	726.15	726.15	726.15	726.15	732.89	737.05
Retained Earnings	216.08	203.34	313.22	663.13	668.15	548.64
Treasury Stock	-	-	-	-	-3.85	-4.5
Comprehensive Income & Other	-0.69	-0.53	-	-	-	-
Total Common Equity	1,116	1,103	1,213	1,563	1,571	1,456
Minority Interest	24.59	38.64	45.73	51.68	64.48	75.32
Shareholders' Equity	1,140	1,142	1,259	1,615	1,636	1,531
Total Liabilities & Equity	2,659	3,042	3,438	3,711	3,443	2,753
Total Debt	361.16	463.92	541.69	531.44	462.67	367.58
Net Cash (Debt)	201.86	270.67	145.93	84	249.14	261.59
Net Cash Growth	27.65%	85.48%	73.73%	-66.29%	-4.76%	124.02%
Net Cash Per Share	1.16	1.55	0.84	0.48	1.44	1.48
Filing Date Shares Outstanding	174	173.97	173.97	173.97	174.14	174.48
Total Common Shares Outstanding	174	173.97	173.97	173.97	174.14	174.48
Working Capital	459.61	384.78	479.83	689.87	808.2	724.68
Book Value Per Share	6.41	6.34	6.97	8.99	9.02	8.34
Tangible Book Value	974.2	956.56	994.5	1,129	1,134	994.43
Tangible Book Value Per Share	5.60	5.50	5.72	6.49	6.51	5.70
Buildings	-	392.38	363.81	34.99	34.99	34.99
Machinery	-	201.43	130.32	186.37	152.32	98.85
Construction In Progress	-	-	-	202.43	133.84	94.29

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.