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 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	Dec '21 Dec 31, 2021
Cash & Equivalents	652.31	647.94	734.59	628.83	537.64	644.11
Trading Asset Securities	1.01	1.01	-	58.79	77.8	67.7
Cash & Short-Term Investments	653.32	648.95	734.59	687.62	615.44	711.81
Cash Growth	2.19%	-11.66%	6.83%	11.73%	-13.54%	13.13%
Accounts Receivable	838.95	877.04	1,196	1,657	1,964	1,729
Other Receivables	199.06	29.92	40.82	71.85	18.25	33.91
Receivables	1,038	906.97	1,237	1,729	1,982	1,763
Inventory	-	-	4.23	7.56	3.27	6.49
Prepaid Expenses	-	-	-	-	0.55	-
Other Current Assets	40.05	42.97	59.1	49.55	39.48	29.14
Total Current Assets	1,731	1,599	2,035	2,473	2,641	2,510
Property, Plant & Equipment	469.45	473.53	519.86	432.48	366.51	330.1
Long-Term Investments	193.29	212.88	208.04	187.43	213.75	124.14
Goodwill	2.09	2.09	12.17	60.73	266.68	266.68
Other Intangible Assets	128.67	130.02	134.2	158.12	167.17	170.82
Long-Term Accounts Receivable	-	-	13.62	14.21	-	-
Long-Term Deferred Tax Assets	98.3	98.9	84.71	54.89	50.4	28
Long-Term Deferred Charges	1.48	1.73	4.2	6.16	5.46	7.67
Other Long-Term Assets	33.31	30.08	30.78	50.81	0.15	5.49
Total Assets	2,658	2,548	3,042	3,438	3,711	3,443
Accounts Payable	496.39	757.4	891.55	1,067	1,073	897.8
Accrued Expenses	12.36	97.99	127.2	109.4	113.46	107.99
Short-Term Debt	84.05	80.05	187.69	276.58	403.86	331.78
Current Portion of Long-Term Debt	23.41	24.77	16.39	73.06	-	-
Current Portion of Leases	-	-	10.57	9.21	7.2	59.07
Current Income Taxes Payable	48.15	47.55	37.95	12.46	16.66	33.69
Current Unearned Revenue	433.5	228.64	316.74	401.6	294.07	229.43
Other Current Liabilities	290.85	57.08	61.91	44.55	42.72	42.17
Total Current Liabilities	1,389	1,293	1,650	1,993	1,951	1,702
Long-Term Debt	235.48	244.89	229.45	160.57	98.99	41.6
Long-Term Leases	9.65	8.33	19.82	22.27	21.4	30.22
Long-Term Unearned Revenue	-	-	-	-	14.5	24.59
Long-Term Deferred Tax Liabilities	1.07	1.07	1.51	2.45	9.53	8.31
Other Long-Term Liabilities	-	-	-	0.31	0.65	0.58
Total Liabilities	1,635	1,548	1,901	2,179	2,096	1,807
Common Stock	173.97	173.97	173.97	173.97	173.97	174.14
Additional Paid-In Capital	726.15	726.15	726.15	726.15	726.15	732.89
Retained Earnings	97.63	75.05	203.34	313.22	663.13	668.15
Treasury Stock	-	-	-	-	-	-3.85
Comprehensive Income & Other	-1.58	-1.58	-0.53	-	-	-
Total Common Equity	996.18	973.59	1,103	1,213	1,563	1,571
Minority Interest	26.9	26.75	38.64	45.73	51.68	64.48
Shareholders' Equity	1,023	1,000	1,142	1,259	1,615	1,636
Total Liabilities & Equity	2,658	2,548	3,042	3,438	3,711	3,443
Total Debt	352.59	358.04	463.92	541.69	531.44	462.67
Net Cash (Debt)	300.73	290.91	270.67	145.93	84	249.14
Net Cash Growth	62.58%	7.48%	85.48%	73.73%	-66.29%	-4.76%
Net Cash Per Share	1.73	1.67	1.55	0.84	0.48	1.44
Filing Date Shares Outstanding	173.97	173.94	173.97	173.97	173.97	174.14
Total Common Shares Outstanding	173.97	173.94	173.97	173.97	173.97	174.14
Working Capital	342.67	305.41	384.78	479.83	689.87	808.2
Book Value Per Share	5.73	5.60	6.34	6.97	8.99	9.02
Tangible Book Value	865.42	841.48	956.56	994.5	1,129	1,134
Tangible Book Value Per Share	4.97	4.84	5.50	5.72	6.49	6.51
Buildings	-	-	392.38	363.81	34.99	34.99
Machinery	-	-	201.43	130.32	186.37	152.32
Construction In Progress	-	-	-	-	202.43	133.84

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