WUXI TAIJI INDUSTRIAL CO. LTD.

WUXI TAIJI INDUSTRIAL CO. LTD. — Financial Statements

Annual Quarterly

5 10 All

Income Statement

Balance Sheet

Cash Flow

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
+Revenue	35.2B	39.4B	35.2B	24.3B	17.8B	16.9B	15.7B	12.0B	9.6B	7.1B	4.2B	4.0B	4.2B	3.3B	2.6B	617.0M	655.0M	1.2B	1.2B	879.0M
Revenue Growth %	-10.7%	11.9%	44.9%	36.1%	5.5%	8.1%	30.1%	25.1%	34.5%	70.0%	5.8%	-4.4%	26.2%	29.1%	313.6%	-5.8%	-43.9%	-0.6%	33.6%	--
Total Revenue	35.2B	39.4B	35.2B	24.3B	17.8B	16.9B	15.7B	12.0B	9.6B	7.1B	4.2B	4.0B	4.2B	3.3B	2.6B	617.0M	655.0M	1.2B	1.2B	879.0M
Cost Of Revenue	32.4B	36.2B	32.7B	21.6B	15.6B	14.7B	13.6B	10.4B	8.2B	6.2B	3.8B	3.6B	3.7B	2.9B	2.2B	531.0M	580.0M	980.0M	1.0B	731.0M
+Gross Profit	2.8B	3.2B	2.5B	2.7B	2.2B	2.2B	2.1B	1.6B	1.4B	974.0M	434.0M	420.0M	483.0M	441.0M	393.0M	86.0M	75.0M	187.0M	172.0M	148.0M
Gross Margin %	7.8%	8.2%	7.1%	11.0%	12.5%	12.8%	13.3%	13.6%	14.9%	13.6%	10.3%	10.6%	11.6%	13.4%	15.4%	13.9%	11.5%	16.0%	14.7%	16.8%
Total Operating Cost	34.4B	38.6B	36.0B	23.3B	17.0B	16.2B	15.0B	11.5B	9.2B	6.8B	4.1B	3.9B	4.0B	3.1B	2.4B	609.0M	639.0M	1.1B	1.1B	851.0M
Selling Expenses	68.4M	65.2M	66.0M	53.2M	39.0M	35.8M	52.9M	50.2M	45.7M	35.3M	23.4M	25.2M	25.0M	21.4M	33.8M	14.3M	15.2M	21.7M	20.5M	18.1M
Admin Expenses	663.0M	675.0M	650.0M	604.0M	512.0M	524.0M	516.0M	466.0M	643.0M	485.0M	193.0M	200.0M	161.0M	129.0M	109.0M	39.1M	21.0M	85.2M	100.0M	83.0M
Rd Expenses	1.1B	1.2B	1.1B	767.0M	536.0M	501.0M	452.0M	260.0M	--	--	--	--	--	--	--	--	--	--	--	--
Finance Expenses	71.9M	142.0M	168.0M	146.0M	164.0M	202.0M	195.0M	173.0M	163.0M	91.4M	105.0M	105.0M	135.0M	116.0M	67.5M	14.8M	17.1M	21.6M	14.3M	14.3M
+Operating Income	922.0M	966.0M	-587.0M	1.1B	1.1B	821.0M	767.0M	643.0M	472.0M	319.0M	107.0M	101.0M	165.0M	175.0M	171.0M	27.3M	18.2M	46.0M	35.2M	34.7M
Operating Margin %	2.6%	2.5%	-1.7%	4.7%	5.9%	4.9%	4.9%	5.3%	4.9%	4.5%	2.5%	2.5%	4.0%	5.3%	6.7%	4.4%	2.8%	3.9%	3.0%	3.9%
Non Operating Income	4.7M	4.8M	2.3M	5.3M	5.1M	1.2M	9.7M	4.3M	32.3M	51.1M	42.6M	56.1M	25.9M	40.3M	32.6M	750,500	2.3M	1.2M	329,100	158,500
Non Operating Expenses	6.6M	17.3M	29.1M	15.3M	8.2M	10.4M	8.2M	10.3M	10.7M	3.0M	1.0M	918,600	537,400	571,000	416,200	203,600	436,800	2.9M	4.0M	3.8M
Investment Income	168.0M	196.0M	220.0M	169.0M	174.0M	107.0M	101.0M	73.8M	28.6M	13.6M	11.7M	6.3M	8.1M	4.2M	1.3M	18.7M	2.0M	15.4M	281,900	--
Fair Value Change Income	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	159,400	-159,400	--	--	--
Asset Disposal Income	4.9M	12.4M	4.0M	1.4M	6.7M	-29.2M	16.8M	-4.4M	28.3M	--	--	--	--	--	--	--	--	--	--	--
Asset Impairment Loss	87.7M	87.9M	404.0M	10.1M	13.5M	17.7M	165.0M	75.6M	108.0M	32.0M	17.1M	-6.9M	3.9M	2.5M	9.5M	8.3M	2.7M	22.7M	-2.4M	--
Other Income	16.3M	24.4M	22.4M	20.5M	29.9M	18.9M	7.2M	15.6M	--	--	--	--	--	--	--	--	--	--	--	--
Income Before Tax	920.0M	953.0M	-614.0M	1.1B	1.1B	812.0M	769.0M	637.0M	494.0M	367.0M	149.0M	156.0M	190.0M	214.0M	203.0M	27.8M	20.1M	44.3M	31.6M	31.6M
Income Tax	156.0M	124.0M	38.2M	124.0M	107.0M	90.7M	94.3M	84.5M	78.8M	75.3M	41.0M	42.3M	45.4M	68.7M	54.8M	1.2M	57,600	18.4M	11.6M	9.3M
+Net Income	764.0M	829.0M	-653.0M	1.0B	950.0M	721.0M	675.0M	552.0M	415.0M	292.0M	108.0M	113.0M	145.0M	146.0M	148.0M	26.6M	20.0M	25.9M	20.0M	22.3M
Net Margin %	2.2%	2.1%	-1.9%	4.2%	5.3%	4.3%	4.3%	4.6%	4.3%	4.1%	2.6%	2.8%	3.5%	4.4%	5.8%	4.3%	3.1%	2.2%	1.7%	2.5%
Net Income Attributable	657.0M	730.0M	-743.0M	909.0M	833.0M	622.0M	573.0M	418.0M	233.0M	115.0M	14.2M	12.5M	50.6M	73.1M	85.8M	26.2M	18.8M	20.3M	16.3M	18.1M
Minority Interest	107.0M	99.0M	90.0M	99.2M	117.0M	99.3M	102.0M	134.0M	182.0M	177.0M	93.3M	101.0M	94.0M	72.5M	62.2M	488,000	1.3M	5.6M	3.7M	4.2M
Eps Basic	0.31	0.35	-0.35	0.43	0.40	0.30	0.27	0.20	0.14	0.08	0.01	0.01	0.05	0.07	0.18	0.06	0.05	0.06	0.04	0.05
Eps Diluted	0.31	0.35	-0.35	0.43	0.40	0.30	0.27	0.20	0.14	0.08	0.01	0.01	0.05	0.07	0.18	0.06	0.05	0.06	--	--

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
Cash And Equivalents	7.3B	7.5B	7.1B	6.3B	4.3B	3.4B	4.2B	3.2B	2.5B	2.5B	1.7B	1.4B	979.0M	790.0M	845.0M	201.0M	127.0M	91.8M	226.0M	269.0M
Trading Financial Assets	--	--	34.0M	43.3M	85.5M	46.0M	--	--	--	--	--	--	--	--	--	--	840,600	--	30,000	30,000
Accounts Receivable	6.1B	5.9B	4.6B	4.5B	4.0B	3.8B	2.6B	2.2B	2.1B	1.7B	256.0M	185.0M	415.0M	410.0M	276.0M	111.0M	107.0M	94.7M	157.0M	131.0M
Notes Receivable	17.8M	223.0M	326.0M	765.0M	364.0M	128.0M	238.0M	373.0M	599.0M	233.0M	73.5M	149.0M	126.0M	119.0M	112.0M	94.4M	40.9M	36.8M	109.0M	99.9M
Notes And Accounts Receivable	6.1B	6.1B	4.9B	5.3B	4.4B	3.9B	2.9B	2.6B	2.7B	1.9B	329.0M	335.0M	541.0M	529.0M	387.0M	206.0M	148.0M	132.0M	266.0M	231.0M
Prepayments	656.0M	1.2B	758.0M	1.1B	931.0M	1.5B	992.0M	1.2B	1.1B	714.0M	22.8M	32.1M	65.3M	117.0M	86.1M	25.4M	16.2M	42.2M	78.7M	9.4M
Inventory	515.0M	1.6B	897.0M	1.1B	694.0M	2.0B	2.3B	1.9B	1.8B	1.6B	281.0M	289.0M	364.0M	332.0M	211.0M	153.0M	118.0M	95.2M	149.0M	152.0M
Total Current Assets	24.1B	24.1B	20.3B	16.4B	12.8B	11.6B	11.0B	9.6B	8.6B	7.3B	2.4B	2.1B	2.0B	1.8B	1.6B	588.0M	413.0M	423.0M	725.0M	725.0M
Long Term Equity Investment	1.1B	894.0M	789.0M	702.0M	434.0M	272.0M	209.0M	145.0M	127.0M	97.6M	--	--	48.6M	48.6M	33.8M	33.8M	28.8M	28.8M	3.8M	4.2M
Fixed Assets	--	4.4B	4.4B	5.0B	--	5.8B	4.8B	5.2B	4.6B	3.9B	2.7B	2.8B	3.0B	3.0B	2.7B	471.0M	411.0M	325.0M	458.0M	435.0M
Fixed Assets Total	4.1B	4.4B	4.4B	5.0B	5.6B	5.8B	4.8B	5.2B	4.6B	3.9B	2.7B	2.8B	3.0B	3.0B	2.7B	471.0M	411.0M	325.0M	458.0M	435.0M
Construction In Progress	--	83.0M	394.0M	169.0M	149.0M	452.0M	297.0M	225.0M	451.0M	231.0M	81.1M	231.0M	206.0M	149.0M	158.0M	13.1M	89.0M	23.6M	14.0M	49.7M
Construction In Progress Total	45.3M	83.0M	394.0M	169.0M	149.0M	452.0M	297.0M	225.0M	451.0M	231.0M	81.1M	231.0M	206.0M	149.0M	158.0M	13.1M	89.0M	23.6M	14.2M	49.7M
Intangible Assets	428.0M	447.0M	455.0M	457.0M	476.0M	455.0M	471.0M	553.0M	589.0M	613.0M	138.0M	141.0M	128.0M	127.0M	116.0M	39.3M	43.1M	44.4M	43.7M	44.9M
Long Term Deferred Expenses	96.0M	115.0M	88.8M	75.8M	59.3M	23.2M	33.4M	41.0M	29.5M	28.1M	--	--	--	--	2,700	--	--	--	--	--
Total Non Current Assets	8.4B	8.6B	8.6B	8.6B	8.6B	8.4B	6.9B	7.2B	6.9B	6.1B	3.4B	3.6B	3.4B	3.3B	3.1B	1.1B	587.0M	466.0M	527.0M	534.0M
Total Assets	32.5B	32.7B	28.9B	25.1B	21.4B	20.0B	17.9B	16.8B	15.5B	13.4B	5.7B	5.7B	5.4B	5.1B	4.6B	1.7B	1.0B	889.0M	1.3B	1.3B
Short Term Borrowings	2.2B	2.5B	3.5B	3.4B	3.3B	1.7B	1.6B	1.5B	1.9B	1.7B	1.9B	1.5B	948.0M	1.3B	777.0M	310.0M	265.0M	216.0M	279.0M	299.0M
Accounts Payable	14.6B	11.6B	8.4B	4.9B	4.9B	4.1B	4.0B	3.1B	3.6B	2.6B	425.0M	381.0M	401.0M	364.0M	275.0M	29.2M	33.0M	23.7M	98.9M	111.0M
Advance Receipts	16.5M	21.0M	32.5M	16.5M	10.3M	2.2B	1.2B	1.6B	1.2B	1.1B	1.6M	8.4M	3.1M	8.4M	7.2M	3.9M	5.0M	1.8M	90.0M	90.2M
Contract Liabilities	1.5B	3.1B	3.0B	2.2B	1.4B	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--
Total Current Liabilities	21.9B	21.9B	19.4B	14.7B	11.9B	10.0B	9.0B	7.7B	8.8B	6.9B	2.8B	2.9B	2.1B	2.2B	1.7B	382.0M	369.0M	275.0M	626.0M	659.0M
Long Term Borrowings	620.0M	1.3B	1.3B	1.3B	1.2B	1.9B	1.2B	976.0M	581.0M	1.3B	233.0M	575.0M	1.1B	1.1B	1.1B	90.0M	--	--	--	--
Total Non Current Liabilities	1.3B	2.0B	1.7B	1.6B	1.4B	2.5B	1.7B	1.9B	1.7B	1.9B	739.0M	583.0M	1.1B	1.4B	1.4B	400.0M	6.7M	14.5M	5.3M	1.1M
Total Liabilities	23.2B	23.9B	21.1B	16.3B	13.3B	12.5B	10.7B	9.6B	10.5B	8.8B	3.5B	3.5B	3.2B	3.6B	3.1B	783.0M	376.0M	289.0M	631.0M	661.0M
Paid In Capital	2.1B	2.1B	2.1B	2.1B	2.1B	2.1B	2.1B	2.1B	1.7B	1.2B	1.2B	1.2B	1.2B	469.0M	469.0M	469.0M	369.0M	369.0M	369.0M	369.0M
Capital Reserve	3.1B	3.1B	3.1B	3.1B	3.1B	3.1B	3.1B	3.3B	1.7B	1.8B	305.0M	305.0M	305.0M	353.0M	355.0M	358.0M	164.0M	187.0M	159.0M	160.0M
Surplus Reserve	289.0M	256.0M	250.0M	209.0M	165.0M	129.0M	98.0M	63.9M	46.6M	39.2M	33.2M	25.0M	17.5M	15.8M	9.9M	9.5M	7.3M	5.6M	2.0M	5.9M
Retained Earnings	2.3B	1.9B	1.2B	2.4B	1.8B	1.4B	1.1B	735.0M	419.0M	206.0M	108.0M	114.0M	109.0M	196.0M	154.0M	69.1M	50.3M	38.2M	25.7M	2.9M
Minority Equity	820.0M	791.0M	764.0M	702.0M	717.0M	742.0M	718.0M	1.1B	1.1B	1.4B	612.0M	611.0M	602.0M	573.0M	542.0M	33.4M	33.9M	--	66.2M	60.5M
Equity Attributable	8.5B	8.0B	7.1B	8.0B	7.4B	6.8B	6.4B	6.2B	3.9B	3.2B	1.6B	1.6B	1.6B	982.0M	970.0M	905.0M	591.0M	600.0M	555.0M	538.0M
Total Equity	9.3B	8.8B	7.9B	8.7B	8.1B	7.6B	7.2B	7.3B	5.0B	4.6B	2.2B	2.2B	2.2B	1.6B	1.5B	939.0M	625.0M	600.0M	622.0M	598.0M

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
Cash From Sales	35.0B	37.2B	33.6B	23.3B	15.6B	16.1B	15.2B	11.7B	8.8B	6.9B	4.3B	4.3B	4.3B	3.2B	2.5B	636.0M	714.0M	1.3B	1.3B	1.1B
Tax Refunds Received	71.8M	54.1M	105.0M	47.2M	55.7M	47.7M	60.0M	60.1M	48.7M	55.8M	36.7M	27.8M	32.8M	28.9M	14.8M	6.6M	--	2.0M	4.8M	3.3M
Total Operating Cash Inflow	35.3B	37.4B	33.8B	23.5B	15.8B	16.3B	15.3B	11.8B	8.9B	7.1B	4.3B	4.3B	4.3B	3.3B	2.6B	652.0M	720.0M	1.3B	1.4B	1.1B
Cash Paid For Goods	29.7B	32.4B	28.6B	19.2B	11.9B	12.6B	12.0B	9.2B	6.8B	5.1B	2.8B	2.6B	3.0B	2.2B	1.5B	626.0M	588.0M	1.1B	1.1B	827.0M
Cash Paid To Employees	2.5B	2.5B	2.3B	1.9B	1.4B	1.4B	1.4B	1.2B	1.1B	689.0M	460.0M	427.0M	373.0M	335.0M	231.0M	36.4M	27.7M	134.0M	103.0M	90.3M
Taxes Paid	488.0M	438.0M	454.0M	350.0M	268.0M	280.0M	344.0M	277.0M	241.0M	153.0M	39.2M	44.2M	94.2M	83.5M	69.0M	17.4M	15.9M	47.4M	40.7M	37.0M
Total Operating Cash Outflow	33.1B	36.1B	32.0B	21.9B	13.9B	14.6B	14.1B	11.0B	8.4B	6.1B	3.4B	3.2B	3.5B	2.7B	1.9B	709.0M	655.0M	1.4B	1.3B	995.0M
Operating Cash Flow	2.2B	1.3B	1.8B	1.6B	1.9B	1.7B	1.3B	820.0M	513.0M	986.0M	940.0M	1.2B	845.0M	560.0M	677.0M	-57.4M	64.5M	-85.4M	93.2M	89.9M
Total Investing Cash Inflow	6.6M	156.0M	338.0M	1.2B	1.3B	548.0M	1.3B	509.0M	387.0M	709.0M	65.7M	26.9M	127.0M	40.9M	18.0M	27.6M	70.5M	18.1M	6.5M	401,000
Total Investing Cash Outflow	260.0M	570.0M	988.0M	1.8B	1.9B	2.5B	1.4B	1.5B	1.0B	837.0M	423.0M	902.0M	744.0M	981.0M	2.0B	603.0M	157.0M	68.8M	103.0M	93.1M
Investing Cash Flow	-253.0M	-415.0M	-651.0M	-546.0M	-599.0M	-2.0B	-117.0M	-1.0B	-655.0M	-128.0M	-357.0M	-875.0M	-617.0M	-940.0M	-1.9B	-575.0M	-86.6M	-50.6M	-96.6M	-92.7M
Cash From Borrowings	3.1B	4.7B	4.7B	4.5B	4.1B	3.7B	3.2B	2.9B	2.7B	3.5B	2.8B	2.4B	2.8B	2.2B	3.2B	507.0M	450.0M	450.0M	356.0M	499.0M
Dividends And Interest Paid	478.0M	296.0M	660.0M	613.0M	598.0M	634.0M	491.0M	428.0M	310.0M	235.0M	228.0M	207.0M	220.0M	202.0M	95.7M	22.2M	22.9M	29.7M	17.1M	18.2M
Debt Repayments	4.1B	5.8B	4.8B	4.1B	3.4B	3.0B	2.3B	3.3B	2.8B	3.4B	3.4B	2.0B	2.9B	1.5B	2.0B	372.0M	402.0M	404.0M	382.0M	457.0M
Total Financing Cash Inflow	3.1B	5.2B	4.8B	5.0B	4.1B	3.7B	3.2B	5.0B	3.3B	3.9B	3.3B	2.4B	3.4B	2.5B	3.6B	1.1B	482.0M	471.0M	356.0M	499.0M
Total Financing Cash Outflow	4.7B	6.2B	5.8B	5.0B	4.4B	4.2B	3.5B	4.0B	3.1B	3.7B	3.8B	2.3B	3.5B	2.0B	2.2B	396.0M	462.0M	437.0M	401.0M	502.0M
Financing Cash Flow	-1.6B	-1.0B	-995.0M	4.4M	-333.0M	-494.0M	-259.0M	997.0M	169.0M	182.0M	-484.0M	166.0M	-105.0M	518.0M	1.4B	745.0M	19.3M	33.8M	-45.2M	-3.6M
Net Change In Cash	402.0M	-96.2M	289.0M	1.0B	963.0M	-798.0M	914.0M	791.0M	30.3M	1.0B	101.0M	455.0M	122.0M	127.0M	99.8M	112.0M	-2.8M	-102.0M	-48.6M	-6.4M
Ending Cash Balance	5.7B	5.2B	5.3B	5.1B	4.0B	3.1B	3.9B	3.0B	2.2B	2.1B	1.1B	990.0M	535.0M	413.0M	286.0M	186.0M	73.7M	76.5M	179.0M	--
Capex	260.0M	538.0M	495.0M	584.0M	685.0M	1.2B	1.0B	1.4B	945.0M	787.0M	378.0M	784.0M	742.0M	928.0M	1.9B	28.3M	157.0M	68.3M	103.0M	93.1M