Nanjing TDH Technology 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	Jan '22 Jan 1, 2022
Cash & Equivalents	552.99	481.67	418.21	760.29	159.38	99.97
Trading Asset Securities	134.54	316.24	518.49	407.59	142.45	292.64
Cash & Short-Term Investments	687.54	797.91	936.7	1,168	301.83	392.61
Cash Growth	-13.35%	-14.82%	-19.79%	286.93%	-23.12%	19.98%
Accounts Receivable	143.75	142.34	130.16	153.3	117.36	114.54
Other Receivables	6.91	6.58	8.35	18.5	17.01	48.9
Receivables	150.66	148.92	138.5	171.79	134.37	163.44
Inventory	84.93	71.5	36.06	46.98	38.29	30.68
Other Current Assets	21.45	14.47	7.63	9.96	8.96	5.08
Total Current Assets	944.57	1,033	1,119	1,397	483.46	591.81
Property, Plant & Equipment	242.2	246.75	304.97	105.52	17.61	13.36
Long-Term Investments	16.29	12.8	41.17	10.01	9.16	4.3
Goodwill	28.83	28.83	-	-	-	-
Other Intangible Assets	158.41	160.18	167.24	161.06	164.95	0.18
Long-Term Accounts Receivable	-	-	0	0.14	0.35	1.42
Long-Term Deferred Tax Assets	0.72	0.86	12.16	20.47	7.42	3.99
Long-Term Deferred Charges	5.17	3.82	2.12	2.07	1.97	0.94
Other Long-Term Assets	124.39	126.72	15.83	-	-	-
Total Assets	1,521	1,613	1,662	1,696	684.93	616
Accounts Payable	128.22	154.29	141.04	95.07	32.64	28.16
Accrued Expenses	19.29	28.86	48.12	55.66	59.46	62.54
Short-Term Debt	-	-	3.5	3	4.01	-
Current Portion of Long-Term Debt	5.51	6.74	-	-	-	-
Current Portion of Leases	-	-	3.36	1.39	7.9	4.78
Current Income Taxes Payable	14.58	21.58	2.13	4.35	6.18	7.45
Current Unearned Revenue	127.27	133.47	72.25	60.16	94.62	116.22
Other Current Liabilities	7.96	13.06	8.91	9.43	12.67	14.65
Total Current Liabilities	302.84	358	279.32	229.07	217.49	233.79
Long-Term Leases	2.53	3.34	5.56	0.53	0.68	4.97
Other Long-Term Liabilities	1.72	1.94	3.23	10.44	9.45	9.83
Total Liabilities	307.08	363.27	288.1	240.05	227.61	248.59
Common Stock	96.6	96.6	96.6	69	34.5	34.5
Additional Paid-In Capital	1,074	1,071	1,076	1,106	154.75	154.75
Retained Earnings	17.1	58.16	183.67	268.5	260	172.97
Total Common Equity	1,188	1,226	1,356	1,444	449.25	362.22
Minority Interest	25.32	23.84	18.48	12.01	8.07	5.19
Shareholders' Equity	1,214	1,249	1,374	1,456	457.32	367.41
Total Liabilities & Equity	1,521	1,613	1,662	1,696	684.93	616
Total Debt	8.04	10.07	12.42	4.93	12.59	9.75
Net Cash (Debt)	679.5	787.84	924.28	1,163	289.25	382.86
Net Cash Growth	-12.35%	-14.76%	-20.52%	302.06%	-24.45%	17.00%
Net Cash Per Share	7.06	8.16	9.55	12.56	4.00	5.28
Filing Date Shares Outstanding	95.48	95.08	96.6	96.6	72.45	72.45
Total Common Shares Outstanding	95.48	95.08	96.6	96.6	72.45	72.45
Working Capital	641.74	674.8	839.57	1,168	265.97	358.02
Book Value Per Share	12.44	12.89	14.04	14.95	6.20	5.00
Tangible Book Value	1,001	1,037	1,189	1,283	284.3	362.04
Tangible Book Value Per Share	10.48	10.90	12.30	13.28	3.92	5.00
Machinery	-	-	13.42	8.72	7.23	5.54
Construction In Progress	-	-	289.92	97.73	3.83	-

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