Tus-Design Group Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	647.94	734.59	628.83	537.64	644.11
Trading Asset Securities	1.01	-	58.79	77.8	67.7
Cash & Short-Term Investments	648.95	734.59	687.62	615.44	711.81
Cash Growth	-11.66%	6.83%	11.73%	-13.54%	13.13%
Accounts Receivable	877.04	1,196	1,657	1,964	1,729
Other Receivables	29.92	40.82	71.85	18.25	33.91
Receivables	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	42.97	59.1	49.55	39.48	29.14
Total Current Assets	1,599	2,035	2,473	2,641	2,510
Property, Plant & Equipment	473.53	519.86	432.48	366.51	330.1
Long-Term Investments	212.88	208.04	187.43	213.75	124.14
Goodwill	2.09	12.17	60.73	266.68	266.68
Other Intangible Assets	130.02	134.2	158.12	167.17	170.82
Long-Term Accounts Receivable	-	13.62	14.21	-	-
Long-Term Deferred Tax Assets	98.9	84.71	54.89	50.4	28
Long-Term Deferred Charges	1.73	4.2	6.16	5.46	7.67
Other Long-Term Assets	30.08	30.78	50.81	0.15	5.49
Total Assets	2,548	3,042	3,438	3,711	3,443
Accounts Payable	757.4	891.55	1,067	1,073	897.8
Accrued Expenses	97.99	127.2	109.4	113.46	107.99
Short-Term Debt	80.05	187.69	276.58	403.86	331.78
Current Portion of Long-Term Debt	24.77	16.39	73.06	-	-
Current Portion of Leases	-	10.57	9.21	7.2	59.07
Current Income Taxes Payable	47.55	37.95	12.46	16.66	33.69
Current Unearned Revenue	228.64	316.74	401.6	294.07	229.43
Other Current Liabilities	57.08	61.91	44.55	42.72	42.17
Total Current Liabilities	1,293	1,650	1,993	1,951	1,702
Long-Term Debt	244.89	229.45	160.57	98.99	41.6
Long-Term Leases	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	1.51	2.45	9.53	8.31
Other Long-Term Liabilities	-	-	0.31	0.65	0.58
Total Liabilities	1,548	1,901	2,179	2,096	1,807
Common Stock	173.97	173.97	173.97	173.97	174.14
Additional Paid-In Capital	726.15	726.15	726.15	726.15	732.89
Retained Earnings	75.05	203.34	313.22	663.13	668.15
Treasury Stock	-	-	-	-	-3.85
Comprehensive Income & Other	-1.58	-0.53	-	-	-
Total Common Equity	973.59	1,103	1,213	1,563	1,571
Minority Interest	26.75	38.64	45.73	51.68	64.48
Shareholders' Equity	1,000	1,142	1,259	1,615	1,636
Total Liabilities & Equity	2,548	3,042	3,438	3,711	3,443
Total Debt	358.04	463.92	541.69	531.44	462.67
Net Cash (Debt)	290.91	270.67	145.93	84	249.14
Net Cash Growth	7.48%	85.48%	73.73%	-66.29%	-4.76%
Net Cash Per Share	1.67	1.55	0.84	0.48	1.44
Filing Date Shares Outstanding	173.94	173.97	173.97	173.97	174.14
Total Common Shares Outstanding	173.94	173.97	173.97	173.97	174.14
Working Capital	305.41	384.78	479.83	689.87	808.2
Book Value Per Share	5.60	6.34	6.97	8.99	9.02
Tangible Book Value	841.48	956.56	994.5	1,129	1,134
Tangible Book Value Per Share	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.