Trust Chem Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	309.22	371.99	261.36	216.3	239.74
Trading Asset Securities	80	-	-	6.61	13.6
Cash & Short-Term Investments	389.22	371.99	261.36	222.91	253.34
Cash Growth	4.63%	42.33%	17.25%	-12.01%	-
Accounts Receivable	216.19	224.9	206.49	184.28	223.54
Other Receivables	10.86	14.74	14.34	7.63	14.91
Receivables	227.04	239.64	220.83	191.91	238.45
Inventory	379.9	338.55	218.35	209.51	224.33
Other Current Assets	60.47	47.84	52.75	46.08	35.1
Total Current Assets	1,057	998.02	753.3	670.41	751.22
Property, Plant & Equipment	620.59	563.27	413.53	263.31	158.03
Long-Term Investments	82.09	60.37	42.98	44.83	8.69
Other Intangible Assets	84.43	86.23	88.35	75.79	40.67
Long-Term Deferred Tax Assets	48.57	26.52	16.11	10.27	10.32
Long-Term Deferred Charges	0.31	17.68	6.01	0.11	0.24
Other Long-Term Assets	1.27	2.04	12.07	18.42	14.27
Total Assets	1,894	1,754	1,332	1,083	983.45
Accounts Payable	559.71	553.73	506.56	404.57	447.49
Accrued Expenses	8.37	8.88	6.37	4.35	5.38
Short-Term Debt	106.74	74.1	42.16	77.28	43.29
Current Portion of Long-Term Debt	16.53	27.89	2	-	17.21
Current Income Taxes Payable	15.19	13.61	7.19	9.7	14.25
Current Unearned Revenue	2.49	0.68	0.37	1	2.25
Other Current Liabilities	2.31	156.25	4.64	10.72	17.6
Total Current Liabilities	711.34	835.12	569.29	507.61	547.48
Long-Term Debt	108.67	141.65	100.61	38.94	34.07
Long-Term Leases	3.57	1.23	3.99	2.14	2.9
Long-Term Unearned Revenue	22.78	25.64	27.46	13.45	13.45
Long-Term Deferred Tax Liabilities	16.21	16.46	12.87	10.67	8.6
Total Liabilities	862.56	1,020	714.21	572.81	606.5
Common Stock	93.74	70.3	70.3	70.3	70.3
Additional Paid-In Capital	400.95	177.34	174.4	171.82	167.63
Retained Earnings	475.81	412.3	301.08	213.01	125.36
Comprehensive Income & Other	1.81	5.06	3.81	-0.75	-11.4
Total Common Equity	972.3	665.01	549.59	454.38	351.89
Minority Interest	59.04	69.02	68.54	55.95	25.07
Shareholders' Equity	1,031	734.02	618.13	510.34	376.96
Total Liabilities & Equity	1,894	1,754	1,332	1,083	983.45
Total Debt	235.51	244.87	148.75	118.35	97.47
Net Cash (Debt)	153.71	127.13	112.6	104.56	155.87
Net Cash Growth	20.91%	12.90%	7.70%	-32.92%	-
Net Cash Per Share	1.80	1.81	1.60	1.49	2.59
Filing Date Shares Outstanding	92.35	70.3	70.3	70.12	60.15
Total Common Shares Outstanding	92.35	70.3	70.3	70.12	60.15
Working Capital	345.3	162.9	184.01	162.81	203.75
Book Value Per Share	10.53	9.46	7.82	6.48	5.85
Tangible Book Value	887.88	578.78	461.24	378.6	311.22
Tangible Book Value Per Share	9.61	8.23	6.56	5.40	5.17
Buildings	-	220.65	200.01	48.04	17.34
Machinery	-	155.31	149.11	15.32	13.03
Construction In Progress	-	232.81	83.31	212.7	137.88

Source: S&P Capital IQ. Standard template. Financial Sources.