Chengdu Tangyuan Electric 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	111.11	209.44	301.93	281.32	342.09	312.02
Short-Term Investments	-	-	-	-	-	40
Trading Asset Securities	-	2.35	42.29	181.57	155.55	130
Cash & Short-Term Investments	111.11	211.78	344.22	462.88	497.64	482.02
Cash Growth	-51.00%	-38.47%	-25.64%	-6.98%	3.24%	6.96%
Accounts Receivable	717.06	667.88	551.83	396.37	254.45	227.21
Other Receivables	42.95	0.48	0.3	3.54	3.15	2.72
Receivables	760.01	668.35	552.13	399.91	257.59	229.93
Inventory	186.34	204.16	202.98	215.46	185.84	137.1
Prepaid Expenses	-	0.34	1.09	-	-	-
Other Current Assets	174.06	137.89	109.27	52.55	22.05	10.81
Total Current Assets	1,232	1,223	1,210	1,131	963.13	859.86
Property, Plant & Equipment	146.53	157.91	146.72	132.45	86.06	45.46
Long-Term Investments	167.44	216.65	101.91	-	-	-
Other Intangible Assets	7.99	7.81	8.14	8.54	8.6	8.88
Long-Term Deferred Tax Assets	19.38	16.2	15.19	11.94	7.82	3.53
Long-Term Deferred Charges	12.27	1.34	0.78	0.34	1.24	1.64
Other Long-Term Assets	3.18	3.54	4.02	-	-	-
Total Assets	1,588	1,626	1,486	1,284	1,067	919.38
Accounts Payable	273.18	361.58	304.4	190.78	112.25	74.72
Accrued Expenses	10.14	20.32	34.33	28.3	25.29	27.1
Short-Term Debt	22.5	41.58	13.85	15	-	-
Current Portion of Leases	3.49	3.91	2.64	-	-	-
Current Income Taxes Payable	10.67	4.42	2.13	2.94	8.13	1.53
Current Unearned Revenue	103.45	59.59	53.34	101.83	77.26	54.63
Other Current Liabilities	6.24	8.61	7.57	2.2	4.1	2.18
Total Current Liabilities	429.67	500.01	418.25	341.06	227.02	160.17
Long-Term Leases	1.9	3.57	2.55	-	-	-
Long-Term Unearned Revenue	22.56	25.75	30.4	30.64	17.72	3.53
Long-Term Deferred Tax Liabilities	14.45	15.56	18.16	14.87	11.96	9.83
Other Long-Term Liabilities	4.4	4.4	2.26	-	-	-
Total Liabilities	472.97	549.28	471.62	386.57	256.7	173.52
Common Stock	143.85	143.72	109.37	83.43	82.77	45.98
Additional Paid-In Capital	345.57	332.92	357.47	373.04	358.07	387.11
Retained Earnings	576.06	558.83	518.24	437.7	366.42	312.77
Total Common Equity	1,065	1,035	985.08	894.17	807.26	745.86
Minority Interest	49.85	41.22	29.74	3.33	2.9	-
Shareholders' Equity	1,115	1,077	1,015	897.51	810.16	745.86
Total Liabilities & Equity	1,588	1,626	1,486	1,284	1,067	919.38
Total Debt	27.89	49.06	19.04	15	-	-
Net Cash (Debt)	83.22	162.72	325.18	447.88	497.64	482.02
Net Cash Growth	-57.77%	-49.96%	-27.40%	-10.00%	3.24%	6.96%
Net Cash Per Share	0.58	1.14	2.28	3.16	3.52	3.45
Filing Date Shares Outstanding	143.85	143.72	142.18	140.99	139.88	139.88
Total Common Shares Outstanding	143.85	143.72	142.18	140.99	139.88	139.88
Working Capital	801.85	722.51	791.44	789.74	736.11	699.7
Book Value Per Share	7.41	7.20	6.93	6.34	5.77	5.33
Tangible Book Value	1,057	1,028	976.94	885.63	798.66	736.98
Tangible Book Value Per Share	7.35	7.15	6.87	6.28	5.71	5.27
Buildings	-	89.03	89.03	97.67	10.07	10.07
Machinery	-	104.28	79.82	51.32	33.46	12.92
Construction In Progress	-	0.95	-	2.9	56.04	34.21

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