Newtrend Group Holding Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	51.47	107.99	179.32
Short-Term Investments	0.21	0.35	0.24
Cash & Short-Term Investments	51.68	108.34	179.56
Cash Growth	-52.30%	-39.66%	-
Accounts Receivable	224.61	118.51	102.54
Other Receivables	1.27	0.49	0.23
Receivables	225.88	119	102.76
Inventory	98.24	100.63	99.72
Prepaid Expenses	1.76	1.42	1.77
Other Current Assets	16.74	10.9	7.1
Total Current Assets	394.3	340.28	390.91
Property, Plant & Equipment	398.85	357.66	316.6
Long-Term Deferred Tax Assets	17.89	14.76	14.87
Other Long-Term Assets	1.86	0.51	4.28
Total Assets	812.91	713.21	726.66
Accounts Payable	96.29	70.22	72.88
Accrued Expenses	6	5.27	12.65
Short-Term Debt	95.65	95.65	97.4
Current Portion of Long-Term Debt	74.7	59.6	77.1
Current Portion of Leases	0.32	0.61	0.51
Current Income Taxes Payable	3.2	2.57	13.09
Current Unearned Revenue	6.59	2.58	9.11
Other Current Liabilities	42.86	36.37	31.34
Total Current Liabilities	325.61	272.86	314.07
Long-Term Debt	-	-	10
Long-Term Leases	-	0.33	0.52
Long-Term Unearned Revenue	8.18	5.09	2.38
Total Liabilities	333.79	278.28	326.97
Common Stock	85.65	85.65	85.65
Retained Earnings	137.56	94.15	60.62
Comprehensive Income & Other	255.92	255.13	253.42
Shareholders' Equity	479.12	434.93	399.69
Total Liabilities & Equity	812.91	713.21	726.66
Total Debt	170.67	156.19	185.53
Net Cash (Debt)	-119	-47.85	-5.97
Net Cash Per Share	-1.39	-0.56	-0.07
Filing Date Shares Outstanding	85.65	85.65	85.65
Total Common Shares Outstanding	85.65	85.65	85.65
Working Capital	68.69	67.42	76.84
Book Value Per Share	5.59	5.08	4.67
Tangible Book Value	479.12	434.93	399.69
Tangible Book Value Per Share	5.59	5.08	4.67
Land	20.11	20.14	19.49
Buildings	191.84	169.37	163.75
Machinery	381.13	344.43	295.96
Construction In Progress	71.17	51.42	32.84

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