Techshine 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	305.07	652.78	543.21	331.25	100.04	49.37
Trading Asset Securities	240.79	123.74	244.09	379.11	0.18	-
Cash & Short-Term Investments	545.85	776.53	787.3	710.37	100.23	49.37
Cash Growth	-22.97%	-1.37%	10.83%	608.74%	103.02%	-22.36%
Accounts Receivable	561.03	438.22	325.48	304.23	262.88	187.84
Other Receivables	11.2	6.78	2.32	107.44	1.92	2.5
Receivables	572.23	445	327.81	411.67	264.8	190.34
Inventory	308.11	271.33	196.07	197.68	196.61	111.8
Other Current Assets	37.51	20.2	16.01	12.47	19.64	7.67
Total Current Assets	1,464	1,513	1,327	1,332	581.28	359.17
Property, Plant & Equipment	592.93	456.68	368.21	289.86	236.73	190.93
Goodwill	0.75	0.72	0.7	-	-	-
Other Intangible Assets	43.87	43.81	44.82	46.3	46.37	47.04
Long-Term Deferred Tax Assets	6.51	1.47	0.27	0.02	0	0.81
Long-Term Deferred Charges	1.58	1.62	1.55	1.98	0.57	0.83
Total Assets	2,159	2,017	1,743	1,670	864.95	598.79
Accounts Payable	547.62	442.4	307.4	363.48	315.82	235.72
Accrued Expenses	26.94	36.47	23.55	24.36	16.73	10.96
Short-Term Debt	67.32	67.32	75.03	-	104.06	10.01
Current Portion of Leases	3.66	2.7	2.99	1.84	1.13	-
Current Income Taxes Payable	9.18	9.1	2.46	0.02	0.96	1.59
Current Unearned Revenue	1.01	2.14	4.24	1.66	0.48	1.66
Other Current Liabilities	6.98	15.63	0.66	0.39	0.19	0.37
Total Current Liabilities	662.71	575.76	416.33	391.75	439.39	260.32
Long-Term Leases	6.41	9.42	8.34	10.36	0.25	-
Long-Term Unearned Revenue	23	23.4	17.59	13.5	14.03	14.33
Long-Term Deferred Tax Liabilities	-	-	2.98	4.16	1.32	-
Total Liabilities	744.62	608.58	445.25	419.77	454.99	274.65
Common Stock	198.24	141.88	101.34	101.34	76	76
Additional Paid-In Capital	712.14	760.02	798.5	798.5	101.54	101.54
Retained Earnings	564.43	507.22	397.37	350.75	232.42	146.6
Comprehensive Income & Other	-0.09	-0.34	0.29	-	-	-
Shareholders' Equity	1,415	1,409	1,298	1,251	409.96	324.14
Total Liabilities & Equity	2,159	2,017	1,743	1,670	864.95	598.79
Total Debt	129.89	79.44	86.36	12.19	105.45	10.01
Net Cash (Debt)	415.96	697.09	700.94	698.17	-5.22	39.36
Net Cash Growth	-40.22%	-0.55%	0.40%	-	-	-26.52%
Net Cash Per Share	2.10	3.50	3.53	4.44	-0.04	0.26
Filing Date Shares Outstanding	195.61	194.94	198.63	198.63	148.96	148.96
Total Common Shares Outstanding	195.61	194.94	198.63	198.63	148.96	148.96
Working Capital	801	937.29	910.86	940.43	141.9	98.86
Book Value Per Share	7.23	7.23	6.53	6.30	2.75	2.18
Tangible Book Value	1,370	1,364	1,252	1,204	363.6	277.09
Tangible Book Value Per Share	7.00	7.00	6.30	6.06	2.44	1.86
Buildings	-	304.82	223.59	195.07	138.64	113.53
Machinery	-	280.74	221.93	211.5	184.22	155.71
Construction In Progress	-	55.09	74.73	8.32	27.55	16.01

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