Qingdao Tianneng Heavy Industries Co.,Ltd (SHE:300569)

SHE:300569 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	879.38	972.46	1,261	1,232	1,455	725.47
Trading Asset Securities	-	-	-	-	-	281.12
Cash & Short-Term Investments	879.38	972.46	1,261	1,232	1,455	1,007
Cash Growth	-3.58%	-22.86%	2.36%	-15.38%	44.59%	20.43%
Accounts Receivable	2,711	3,310	4,063	3,013	2,646	1,842
Other Receivables	11.38	13.62	9.08	11.89	5.29	5.9
Receivables	2,722	3,323	4,072	3,025	2,652	1,848
Inventory	2,459	1,566	1,274	876.27	1,009	593.03
Other Current Assets	638.36	448.92	431.24	334.81	267.87	224.57
Total Current Assets	6,699	6,311	7,039	5,468	5,384	3,672
Property, Plant & Equipment	4,961	4,864	5,222	4,835	4,021	3,468
Goodwill	3.6	3.6	3.6	-	-	-
Other Intangible Assets	282.29	289.42	281.64	201.05	199.63	192.32
Long-Term Accounts Receivable	-	-	-	-	-	23.89
Long-Term Deferred Tax Assets	194.08	171.61	123.94	59.03	37.6	31.96
Long-Term Deferred Charges	6.28	9.39	10.82	9.39	9.92	7.86
Other Long-Term Assets	332.73	303.38	161.63	593.58	286.97	206.89
Total Assets	12,479	11,952	12,843	11,165	9,939	7,603
Accounts Payable	1,832	1,418	1,949	1,607	2,087	1,399
Accrued Expenses	6.98	45.04	43.77	57.81	78.7	112.76
Short-Term Debt	759.3	740.35	875.17	1,240	1,001	849.78
Current Portion of Long-Term Debt	1,104	1,111	542.75	252.09	24.28	104.86
Current Portion of Leases	-	506.61	126.27	119.28	100.75	-
Current Income Taxes Payable	19.23	13.01	10.84	21.1	17.31	56.7
Current Unearned Revenue	509.91	362.92	228.87	313.97	298.93	462.27
Other Current Liabilities	286.75	211.83	208.05	122.76	60.33	179.46
Total Current Liabilities	4,518	4,408	3,985	3,735	3,668	3,164
Long-Term Debt	1,892	1,754	2,144	2,257	1,333	1,078
Long-Term Leases	713.38	470.48	989.21	1,114	1,049	888.21
Long-Term Unearned Revenue	6.22	7.15	8.19	6.85	2.22	1.27
Long-Term Deferred Tax Liabilities	3.63	3.71	3.77	0.07	-	0.17
Other Long-Term Liabilities	-	-	10.15	9.89	9.89	9.89
Total Liabilities	7,133	6,644	7,140	7,123	6,062	5,142
Common Stock	1,023	1,023	1,023	809.29	797.39	396.31
Additional Paid-In Capital	2,601	2,601	2,600	1,329	1,286	629.05
Retained Earnings	1,654	1,580	1,917	1,734	1,626	1,268
Treasury Stock	-99.99	-60.3	-	-	-	-
Comprehensive Income & Other	133.29	130.84	130.15	130.07	128.74	131.17
Total Common Equity	5,311	5,274	5,670	4,003	3,839	2,424
Minority Interest	35.23	33.74	32.09	40.28	38.36	37.47
Shareholders' Equity	5,346	5,308	5,703	4,043	3,877	2,462
Total Liabilities & Equity	12,479	11,952	12,843	11,165	9,939	7,603
Total Debt	4,469	4,583	4,677	4,983	3,507	2,921
Net Cash (Debt)	-3,589	-3,610	-3,416	-3,751	-2,052	-1,914
Net Cash Per Share	-3.55	-3.53	-3.73	-4.65	-2.68	-2.83
Filing Date Shares Outstanding	1,005	1,011	1,023	809.29	797.39	679.21
Total Common Shares Outstanding	1,005	1,011	1,023	809.29	797.39	673.74
Working Capital	2,181	1,902	3,054	1,733	1,715	507.84
Book Value Per Share	5.28	5.21	5.54	4.95	4.81	3.60
Tangible Book Value	5,025	4,981	5,385	3,801	3,639	2,232
Tangible Book Value Per Share	5.00	4.92	5.27	4.70	4.56	3.31
Buildings	-	770.15	785.67	520.91	444.03	322.58
Machinery	-	4,909	4,898	3,767	3,664	2,148
Construction In Progress	-	368.35	389.28	1,114	331.39	1,329

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