Techshine Electronics 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	473.53	358.36	652.78	543.21	331.25	100.04
Trading Asset Securities	120.26	170.72	123.74	244.09	379.11	0.18
Cash & Short-Term Investments	593.79	529.08	776.53	787.3	710.37	100.23
Cash Growth	-9.11%	-31.87%	-1.37%	10.83%	608.74%	103.02%
Accounts Receivable	445.1	478.29	438.22	325.48	304.23	262.88
Other Receivables	10.66	10.34	6.78	2.32	107.44	1.92
Receivables	455.76	488.63	445	327.81	411.67	264.8
Inventory	398.71	336.22	271.33	196.07	197.68	196.61
Other Current Assets	10.58	14.5	20.2	16.01	12.47	19.64
Total Current Assets	1,459	1,368	1,513	1,327	1,332	581.28
Property, Plant & Equipment	685.94	635.86	456.68	368.21	289.86	236.73
Long-Term Investments	48.96	48.19	-	-	-	-
Goodwill	0.67	0.7	0.72	0.7	-	-
Other Intangible Assets	43.39	43.79	43.81	44.82	46.3	46.37
Long-Term Deferred Tax Assets	7.13	7.21	1.47	0.27	0.02	0
Long-Term Deferred Charges	1.75	1.95	1.62	1.55	1.98	0.57
Total Assets	2,247	2,106	2,017	1,743	1,670	864.95
Accounts Payable	548.24	518.92	442.4	307.4	363.48	315.82
Accrued Expenses	23.95	30.44	36.47	23.55	24.36	16.73
Short-Term Debt	100.03	-	67.32	75.03	-	104.06
Current Portion of Long-Term Debt	3.64	3.74	-	-	-	-
Current Portion of Leases	-	-	2.7	2.99	1.84	1.13
Current Income Taxes Payable	5.39	6.02	9.1	2.46	0.02	0.96
Current Unearned Revenue	1.07	1.99	2.14	4.24	1.66	0.48
Other Current Liabilities	12.93	13.76	15.63	0.66	0.39	0.19
Total Current Liabilities	695.25	574.87	575.76	416.33	391.75	439.39
Long-Term Debt	52	52.5	-	-	-	-
Long-Term Leases	5.23	5.8	9.42	8.34	10.36	0.25
Long-Term Unearned Revenue	30.61	29.25	23.4	17.59	13.5	14.03
Long-Term Deferred Tax Liabilities	-	-	-	2.98	4.16	1.32
Total Liabilities	783.1	662.43	608.58	445.25	419.77	454.99
Common Stock	198.24	198.24	141.88	101.34	101.34	76
Additional Paid-In Capital	713.09	712.63	760.02	798.5	798.5	101.54
Retained Earnings	613.2	593.5	507.22	397.37	350.75	232.42
Treasury Stock	-60	-60	-	-	-	-
Comprehensive Income & Other	-0.95	-0.66	-0.34	0.29	-	-
Shareholders' Equity	1,464	1,444	1,409	1,298	1,251	409.96
Total Liabilities & Equity	2,247	2,106	2,017	1,743	1,670	864.95
Total Debt	160.9	62.04	79.44	86.36	12.19	105.45
Net Cash (Debt)	432.89	467.04	697.09	700.94	698.17	-5.22
Net Cash Growth	-16.68%	-33.00%	-0.55%	0.40%	-	-
Net Cash Per Share	2.21	2.38	3.50	3.53	4.44	-0.04
Filing Date Shares Outstanding	195.68	195.65	194.94	198.63	198.63	148.96
Total Common Shares Outstanding	195.68	195.65	194.94	198.63	198.63	148.96
Working Capital	763.59	793.55	937.29	910.86	940.43	141.9
Book Value Per Share	7.48	7.38	7.23	6.53	6.30	2.75
Tangible Book Value	1,420	1,399	1,364	1,252	1,204	363.6
Tangible Book Value Per Share	7.25	7.15	7.00	6.30	6.06	2.44
Buildings	-	-	304.82	223.59	195.07	138.64
Machinery	-	-	280.74	221.93	211.5	184.22
Construction In Progress	-	-	55.09	74.73	8.32	27.55

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