TIANNENG BATTERY GROUP CO LTD

TIANNENG BATTERY GROUP 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
+Revenue	45.0B	47.7B	41.9B	38.7B	35.1B	42.7B	35.9B	28.1B	22.4B	17.9B	14.1B	13.7B	9.9B	5.5B	3.8B	2.3B
Revenue Growth %	-5.7%	14.0%	8.2%	10.3%	-17.9%	19.2%	27.8%	25.3%	25.3%	26.9%	2.9%	37.7%	81.6%	45.0%	65.8%	--
Total Revenue	45.0B	47.7B	41.9B	38.7B	35.1B	42.7B	35.9B	28.1B	22.4B	17.9B	14.1B	13.7B	9.9B	5.5B	3.8B	2.3B
Cost Of Revenue	38.2B	40.0B	34.1B	32.7B	28.5B	36.5B	29.9B	22.9B	18.1B	15.4B	12.7B	12.2B	8.0B	4.0B	2.9B	1.6B
+Gross Profit	6.8B	7.8B	7.8B	6.0B	6.6B	6.3B	6.0B	5.1B	4.3B	2.5B	1.3B	1.5B	1.9B	1.5B	836.0M	630.0M
Gross Margin %	15.1%	16.2%	18.6%	15.6%	18.9%	14.7%	16.6%	18.2%	19.2%	13.7%	9.5%	10.6%	19.0%	26.6%	22.2%	27.7%
Total Operating Cost	43.8B	45.5B	39.9B	37.6B	32.7B	41.1B	34.6B	26.9B	21.5B	17.2B	14.5B	13.7B	9.1B	4.7B	3.4B	2.0B
Selling Expenses	541.0M	575.0M	1.2B	1.1B	955.0M	1.4B	1.6B	1.4B	1.3B	598.0M	647.0M	410.0M	250.0M	165.0M	174.0M	203.0M
Admin Expenses	1.1B	1.1B	1.1B	777.0M	666.0M	609.0M	518.0M	415.0M	359.0M	1.0B	868.0M	805.0M	657.0M	441.0M	241.0M	152.0M
Rd Expenses	1.9B	1.8B	1.5B	1.4B	1.2B	1.1B	1.1B	895.0M	697.0M	--	--	--	--	--	--	--
Finance Expenses	-125.0M	-208.0M	56.8M	41.2M	77.0M	134.0M	139.0M	130.0M	140.0M	125.0M	192.0M	123.0M	109.0M	72.1M	11.7M	7.3M
+Operating Income	2.1B	2.7B	2.4B	1.6B	2.7B	1.9B	1.6B	1.4B	817.0M	689.0M	-458.0M	21.0M	829.0M	751.0M	394.0M	279.0M
Operating Margin %	4.7%	5.7%	5.7%	4.0%	7.7%	4.4%	4.4%	4.8%	3.6%	3.9%	-3.3%	0.2%	8.3%	13.7%	10.4%	12.3%
Non Operating Income	51.8M	49.8M	37.5M	60.8M	50.9M	20.1M	10.2M	13.5M	178.0M	159.0M	135.0M	160.0M	99.5M	75.3M	64.6M	50.2M
Non Operating Expenses	51.7M	27.7M	39.3M	33.6M	26.0M	18.9M	65.1M	13.0M	16.3M	51.3M	64.2M	10.3M	25.2M	16.6M	20.4M	5.8M
Investment Income	29.7M	-28.7M	75.2M	95.3M	18.6M	69.9M	51.4M	55.2M	10.3M	8.4M	3.6M	-428,000	-169,000	-341,100	--	--
Fair Value Change Income	-5.7M	3.8M	1.9M	--	1.8M	-223,000	18.6M	-36.9M	14.0M	1.1M	--	--	--	--	--	--
Asset Disposal Income	-23.6M	-30.1M	-46.9M	-42.6M	-39.8M	-61.6M	-31.0M	-26.7M	-75.2M	--	--	--	--	--	--	--
Asset Impairment Loss	313.0M	229.0M	97.0M	12.9M	4.8M	12.5M	11.4M	86.6M	71.9M	-13.0M	58.3M	62.5M	7.6M	7.0M	3.4M	-27.3M
Other Income	879.0M	579.0M	404.0M	338.0M	326.0M	227.0M	266.0M	225.0M	--	--	--	--	--	--	--	--
Income Before Tax	2.1B	2.8B	2.4B	1.6B	2.7B	1.9B	1.5B	1.4B	979.0M	797.0M	-388.0M	170.0M	903.0M	809.0M	438.0M	324.0M
Income Tax	523.0M	629.0M	528.0M	254.0M	418.0M	331.0M	260.0M	194.0M	187.0M	118.0M	-115.0M	19.5M	177.0M	185.0M	82.5M	60.7M
+Net Income	1.6B	2.1B	1.8B	1.3B	2.3B	1.5B	1.3B	1.2B	792.0M	679.0M	-273.0M	151.0M	726.0M	624.0M	356.0M	263.0M
Net Margin %	3.5%	4.5%	4.4%	3.4%	6.6%	3.6%	3.5%	4.1%	3.5%	3.8%	-1.9%	1.1%	7.3%	11.4%	9.4%	11.6%
Net Income Attributable	1.6B	2.3B	1.9B	1.4B	2.3B	1.5B	1.2B	1.1B	775.0M	648.0M	-273.0M	149.0M	677.0M	600.0M	352.0M	263.0M
Minority Interest	35.2M	-175.0M	-69.3M	-44.5M	39.2M	57.2M	47.7M	33.5M	17.9M	31.6M	314,100	1.7M	48.6M	24.5M	3.8M	--
Eps Basic	1.60	2.37	1.96	1.42	2.66	1.80	1.53	1.41	0.97	--	--	--	--	--	--	--
Eps Diluted	1.60	2.37	1.96	1.42	2.66	1.80	1.53	1.41	0.97	--	--	--	--	--	--	--

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
Cash And Equivalents	18.7B	11.3B	11.1B	10.3B	4.9B	4.4B	4.4B	4.2B	2.9B	2.0B	1.7B	946.0M	1.0B	925.0M	483.0M	445.0M
Trading Financial Assets	686.0M	220.0M	240.0M	1.5B	483.0M	805.0M	1.1B	--	57.6M	17.8M	--	--	--	--	--	--
Accounts Receivable	1.4B	2.0B	1.3B	1.1B	1.0B	859.0M	645.0M	692.0M	731.0M	666.0M	284.0M	430.0M	588.0M	277.0M	231.0M	83.9M
Notes Receivable	1.8B	1.7B	2.2B	1.4B	2.3B	2.0B	1.7B	1.8B	1.4B	1.7B	583.0M	629.0M	621.0M	356.0M	184.0M	97.0M
Notes And Accounts Receivable	3.2B	3.7B	3.5B	2.5B	3.3B	2.8B	2.4B	2.5B	2.1B	2.4B	867.0M	1.1B	1.2B	633.0M	415.0M	181.0M
Prepayments	137.0M	368.0M	375.0M	317.0M	222.0M	415.0M	197.0M	94.4M	36.2M	60.5M	26.6M	272.0M	99.3M	63.3M	90.4M	115.0M
Inventory	6.5B	5.7B	5.6B	3.7B	4.0B	3.5B	2.8B	2.3B	2.1B	1.4B	1.6B	1.9B	2.0B	1.1B	819.0M	599.0M
Total Current Assets	30.4B	22.4B	22.3B	19.0B	13.7B	12.4B	11.6B	9.8B	7.7B	6.1B	4.3B	4.2B	4.3B	2.8B	1.8B	1.4B
Long Term Equity Investment	17.2M	17.2M	17.1M	15.2M	--	--	--	15.6M	10.5M	--	--	592,100	1.0M	1.5M	1.8M	--
Fixed Assets	--	8.4B	5.7B	4.6B	4.3B	4.2B	3.9B	3.8B	3.4B	3.2B	2.7B	1.9B	1.7B	991.0M	742.0M	611.0M
Fixed Assets Total	10.2B	8.4B	5.7B	4.6B	4.3B	4.2B	3.9B	3.8B	3.4B	3.2B	2.7B	1.9B	1.7B	991.0M	742.0M	611.0M
Construction In Progress	--	2.6B	1.4B	711.0M	216.0M	96.5M	157.0M	329.0M	556.0M	392.0M	802.0M	1.0B	706.0M	607.0M	224.0M	135.0M
Construction In Progress Total	1.5B	2.6B	1.4B	711.0M	216.0M	96.5M	157.0M	329.0M	556.0M	395.0M	803.0M	1.0B	707.0M	608.0M	244.0M	137.0M
Intangible Assets	1.0B	1.1B	1.1B	958.0M	667.0M	564.0M	505.0M	483.0M	383.0M	375.0M	378.0M	404.0M	321.0M	117.0M	99.4M	37.4M
Long Term Deferred Expenses	6.4M	9.5M	9.4M	6.0M	12.9M	11.0M	12.4M	16.3M	17.5M	21.3M	17.3M	13.1M	13.5M	--	--	790,000
Total Non Current Assets	13.9B	13.4B	10.1B	7.7B	6.0B	5.6B	5.1B	5.2B	4.8B	4.4B	4.3B	3.6B	3.0B	1.8B	1.1B	786.0M
Total Assets	44.3B	35.8B	32.4B	26.7B	19.6B	18.0B	16.7B	15.1B	12.5B	10.5B	8.6B	7.8B	7.3B	4.6B	3.0B	2.2B
Short Term Borrowings	6.3B	2.4B	2.2B	1.0B	23.2M	1.0B	1.5B	1.2B	1.1B	773.0M	2.0B	2.1B	2.2B	1.3B	495.0M	120.0M
Accounts Payable	2.1B	2.4B	2.9B	3.1B	2.5B	2.1B	1.9B	2.4B	1.8B	1.3B	746.0M	807.0M	535.0M	275.0M	192.0M	106.0M
Advance Receipts	--	--	--	--	--	910.0M	1.1B	693.0M	1.1B	289.0M	136.0M	156.0M	54.4M	50.4M	18.0M	17.7M
Contract Liabilities	1.3B	1.3B	1.2B	1.1B	1.4B	--	--	--	--	--	--	--	--	--	--	--
Total Current Liabilities	24.8B	17.5B	16.4B	12.3B	10.7B	11.2B	11.1B	8.7B	7.1B	5.2B	4.4B	4.0B	4.1B	2.1B	977.0M	631.0M
Long Term Borrowings	1.9B	1.4B	550.0M	319.0M	625.0M	149.0M	--	36.0M	36.0M	547.0M	205.0M	360.0M	70.0M	--	30.0M	--
Total Non Current Liabilities	3.2B	2.8B	1.9B	1.6B	1.8B	1.4B	1.5B	1.9B	1.8B	2.0B	1.6B	877.0M	404.0M	59.1M	59.4M	5.7M
Total Liabilities	28.1B	20.2B	18.3B	13.9B	12.5B	12.6B	12.6B	10.6B	8.9B	7.2B	6.0B	4.9B	4.5B	2.2B	1.0B	637.0M
Paid In Capital	972.0M	972.0M	972.0M	972.0M	855.0M	855.0M	618.0M	615.0M	615.0M	615.0M	615.0M	615.0M	615.0M	615.0M	615.0M	615.0M
Capital Reserve	5.4B	5.8B	5.8B	5.8B	1.1B	1.1B	150.0M	218.0M	213.0M	204.0M	185.0M	167.0M	155.0M	136.0M	109.0M	76.6M
Surplus Reserve	486.0M	486.0M	481.0M	395.0M	284.0M	164.0M	379.0M	308.0M	246.0M	549.0M	464.0M	443.0M	411.0M	275.0M	179.0M	132.0M
Retained Earnings	9.0B	8.1B	6.4B	5.1B	4.4B	2.8B	2.7B	3.0B	2.2B	1.7B	1.2B	1.4B	1.4B	1.2B	935.0M	690.0M
Minority Equity	337.0M	197.0M	398.0M	467.0M	389.0M	395.0M	192.0M	311.0M	309.0M	179.0M	188.0M	249.0M	251.0M	133.0M	108.0M	--
Equity Attributable	15.9B	15.4B	13.7B	12.3B	6.7B	4.9B	3.8B	4.1B	3.3B	3.1B	2.4B	2.7B	2.6B	2.2B	1.8B	1.5B
Total Equity	16.2B	15.6B	14.1B	12.7B	7.1B	5.3B	4.0B	4.5B	3.6B	3.2B	2.6B	2.9B	2.8B	2.4B	1.9B	1.5B

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
Cash From Sales	50.3B	53.2B	43.8B	41.9B	37.2B	45.5B	38.9B	29.6B	25.1B	28.7B	24.5B	22.9B	15.6B	6.5B	5.4B	2.6B
Tax Refunds Received	557.0M	551.0M	132.0M	170.0M	124.0M	135.0M	182.0M	149.0M	121.0M	--	--	--	--	--	--	32.0M
Total Operating Cash Inflow	51.8B	54.9B	44.8B	42.6B	37.9B	46.1B	39.4B	30.0B	25.5B	31.1B	25.3B	23.4B	15.9B	6.7B	5.5B	2.8B
Cash Paid For Goods	36.9B	42.7B	34.2B	31.6B	28.7B	38.1B	31.4B	23.0B	19.3B	23.6B	21.3B	19.7B	13.8B	4.8B	4.5B	1.9B
Cash Paid To Employees	2.8B	3.0B	2.8B	2.5B	2.1B	1.8B	1.6B	1.3B	1.3B	1.1B	1.0B	840.0M	693.0M	405.0M	259.0M	168.0M
Taxes Paid	3.3B	3.8B	3.6B	2.8B	2.2B	2.3B	2.2B	1.8B	1.4B	574.0M	363.0M	583.0M	663.0M	361.0M	238.0M	221.0M
Total Operating Cash Outflow	45.3B	52.3B	43.1B	39.2B	35.2B	44.3B	37.3B	27.7B	23.3B	29.1B	24.4B	22.3B	15.8B	6.2B	5.4B	2.7B
Operating Cash Flow	6.6B	2.5B	1.7B	3.5B	2.7B	1.8B	2.1B	2.4B	2.2B	1.9B	895.0M	1.1B	77.6M	514.0M	126.0M	51.0M
Total Investing Cash Inflow	9.4B	3.7B	10.2B	13.5B	8.0B	9.7B	21.6B	16.8B	1.7B	581.0M	98.3M	64.7M	225.0M	5.3M	822,100	24.5M
Total Investing Cash Outflow	11.8B	6.7B	11.5B	16.4B	8.5B	10.3B	23.1B	17.6B	2.5B	967.0M	789.0M	812.0M	1.2B	723.0M	386.0M	305.0M
Investing Cash Flow	-2.5B	-3.1B	-1.3B	-2.9B	-478.0M	-570.0M	-1.5B	-822.0M	-767.0M	-386.0M	-691.0M	-747.0M	-925.0M	-718.0M	-385.0M	-280.0M
Cash From Borrowings	12.6B	8.3B	6.9B	4.2B	3.9B	5.0B	3.4B	3.1B	1.9B	2.4B	3.9B	3.8B	3.8B	2.2B	765.0M	220.0M
Dividends And Interest Paid	931.0M	796.0M	805.0M	754.0M	995.0M	1.8B	1.2B	305.0M	540.0M	406.0M	314.0M	269.0M	235.0M	173.0M	168.0M	94.3M
Debt Repayments	8.4B	6.9B	5.8B	3.5B	4.6B	5.6B	3.3B	3.2B	1.9B	3.6B	3.9B	4.0B	2.9B	1.4B	340.0M	308.0M
Total Financing Cash Inflow	24.1B	19.4B	15.5B	17.7B	7.7B	12.4B	8.1B	6.0B	4.8B	2.4B	4.8B	4.0B	4.2B	2.2B	835.0M	455.0M
Total Financing Cash Outflow	27.3B	19.0B	16.8B	14.6B	9.3B	14.1B	8.7B	6.2B	5.5B	4.2B	4.3B	4.4B	3.3B	1.7B	508.0M	403.0M
Financing Cash Flow	-3.2B	357.0M	-1.2B	3.1B	-1.6B	-1.7B	-631.0M	-110.0M	-799.0M	-1.8B	466.0M	-413.0M	976.0M	545.0M	327.0M	52.4M
Net Change In Cash	937.0M	-188.0M	-786.0M	3.6B	596.0M	-408.0M	-8.1M	1.4B	669.0M	-257.0M	670.0M	-14.0M	128.0M	341.0M	67.9M	-177.0M
Ending Cash Balance	7.2B	6.3B	6.5B	7.3B	3.7B	3.1B	3.5B	3.5B	2.1B	1.3B	1.5B	873.0M	887.0M	759.0M	418.0M	350.0M
Capex	2.2B	3.1B	2.6B	2.0B	831.0M	935.0M	630.0M	566.0M	890.0M	437.0M	789.0M	812.0M	1.1B	719.0M	384.0M	184.0M