Tecnon Electronics 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	267.08	498.37	258.59	172.27	229.63	102.3
Trading Asset Securities	2.02	-	4.5	1.81	21	30
Cash & Short-Term Investments	269.1	498.37	263.09	174.08	250.63	132.3
Cash Growth	-21.72%	89.43%	51.13%	-30.54%	89.44%	-46.45%
Accounts Receivable	499.75	290.54	421.86	482.88	509.36	501.19
Other Receivables	14.14	3.09	3.44	3.42	1.35	0.68
Receivables	513.89	293.63	425.3	486.3	510.71	501.86
Inventory	355.96	320.8	409.08	511.9	670.04	307.43
Other Current Assets	96.36	80.77	74.72	43.52	32.98	20.95
Total Current Assets	1,235	1,194	1,172	1,216	1,464	962.54
Property, Plant & Equipment	266.75	266.28	280.88	321.25	329.13	293.24
Long-Term Investments	8.07	7.9	3.84	1.98	2.01	5
Goodwill	490.25	490.25	491.19	491.19	491.19	491.19
Other Intangible Assets	10.73	11.38	9.64	14.71	17.57	19.04
Long-Term Accounts Receivable	-	1.9	2.24	2.14	1.14	-
Long-Term Deferred Tax Assets	37.17	35.29	30.51	24.62	13.95	5.25
Long-Term Deferred Charges	0.46	1.58	4.22	2.47	3.28	3.21
Other Long-Term Assets	62.73	66.57	76.57	43.33	22.7	10.88
Total Assets	2,111	2,075	2,071	2,118	2,345	1,790
Accounts Payable	157.14	112.08	214.66	154.76	474.11	355.16
Accrued Expenses	12.72	64.71	66.86	89.64	26.77	27.77
Short-Term Debt	282.98	126.42	135.58	337.19	321.05	233.36
Current Portion of Long-Term Debt	-	117.23	65.03	15.6	10.01	20
Current Portion of Leases	-	4.86	6.31	9.07	7.59	-
Current Income Taxes Payable	17.64	1.77	3.25	5.6	11.64	3.41
Current Unearned Revenue	71.64	186.53	53.42	10.99	17.89	10.62
Other Current Liabilities	129.64	36.37	21.28	169.2	310.8	511.58
Total Current Liabilities	671.75	649.97	566.4	792.05	1,180	1,162
Long-Term Debt	130	150.88	268.68	178.76	-	47.55
Long-Term Leases	1.26	1.59	5.82	3.38	10.38	-
Long-Term Unearned Revenue	2.49	2.86	3.5	4.14	2.42	2.56
Pension & Post-Retirement Benefits	-	-	-	-	30	-
Long-Term Deferred Tax Liabilities	0.05	0.05	0.1	1.45	1.33	1.54
Other Long-Term Liabilities	6.9	4.2	4.14	2.23	3.41	1.02
Total Liabilities	812.45	809.54	848.64	982.01	1,227	1,215
Common Stock	218.3	218.3	218.3	218.3	128.57	107.35
Additional Paid-In Capital	475.68	474.74	470.69	481.89	574.12	174.51
Retained Earnings	548.96	517.15	479.14	436.3	407.37	284.36
Treasury Stock	-	-	-	-42	-	-
Comprehensive Income & Other	29.23	35.82	26.27	17.95	-18.65	-11.16
Total Common Equity	1,272	1,246	1,194	1,112	1,091	555.07
Minority Interest	26.85	19.17	28.24	23.05	26.52	20.71
Shareholders' Equity	1,299	1,265	1,223	1,135	1,118	575.79
Total Liabilities & Equity	2,111	2,075	2,071	2,118	2,345	1,790
Total Debt	414.24	400.98	481.42	543.99	349.03	300.91
Net Cash (Debt)	-145.14	97.39	-218.32	-369.91	-98.4	-168.61
Net Cash Per Share	-0.66	0.44	-1.07	-1.69	-0.50	-0.93
Filing Date Shares Outstanding	218.3	218.3	218.3	215.09	218.58	182.5
Total Common Shares Outstanding	218.3	218.3	218.3	215.09	218.58	182.5
Working Capital	563.55	543.6	605.79	423.75	284.5	-199.37
Book Value Per Share	5.83	5.71	5.47	5.17	4.99	3.04
Tangible Book Value	771.19	744.37	693.57	606.54	582.65	44.84
Tangible Book Value Per Share	3.53	3.41	3.18	2.82	2.67	0.25
Buildings	-	260.92	242.48	275.74	279.52	162.19
Machinery	-	138.42	139.5	137.7	127.57	116.22
Construction In Progress	-	11.21	18.27	14.32	19.86	110.33

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