Jiutian Chemical Group Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	338.93	515.93	684.03	1,172	922.13	454.05
Cash & Short-Term Investments	338.93	515.93	684.03	1,172	922.13	454.05
Cash Growth	-35.10%	-24.57%	-41.65%	27.13%	103.09%	13.28%
Accounts Receivable	162.29	9.03	135.71	470.34	546.78	438.25
Other Receivables	-	61.83	49.21	1.26	1.07	0.85
Receivables	162.29	70.86	184.92	471.6	547.85	439.11
Inventory	26.07	22.61	31.78	42.79	61.12	38.94
Prepaid Expenses	-	0.07	0.06	0.08	0.07	0.06
Other Current Assets	-	16.08	22.4	11.39	66.58	225.98
Total Current Assets	527.29	625.55	923.18	1,698	1,598	1,158
Property, Plant & Equipment	400.8	405.46	316.98	183.23	197.64	209.48
Long-Term Investments	8.53	14.78	48.9	75.4	62.26	62.26
Other Intangible Assets	-	-	-	2.05	2.69	3.34
Long-Term Deferred Tax Assets	-	-	-	1.1	1.23	1.61
Other Long-Term Assets	-	-	-	25.64	30.46	-
Total Assets	936.62	1,046	1,289	1,986	1,892	1,435
Accounts Payable	169.9	38.26	165.94	462.95	599.87	449.92
Accrued Expenses	-	12.54	12.18	12.59	32.26	16.59
Short-Term Debt	119.14	184.68	199.87	84.7	178.24	344.3
Current Portion of Leases	2.64	3.45	-	-	-	-
Current Income Taxes Payable	0.84	0.84	-	87.49	131	37.35
Current Unearned Revenue	7.65	5.6	12.1	22.21	41.83	22.55
Other Current Liabilities	-	81.24	67.12	36.02	36.19	36.14
Total Current Liabilities	300.17	326.6	457.22	705.96	1,019	906.84
Long-Term Debt	82.55	99.35	66.01	49.94	49.94	-
Long-Term Leases	0.65	1.84	-	-	-	-
Long-Term Unearned Revenue	-	-	-	2	2	2
Long-Term Deferred Tax Liabilities	0.06	0.06	-	6.75	6.75	3.09
Total Liabilities	383.43	427.86	523.23	764.65	1,078	911.93
Common Stock	709.98	709.98	709.98	709.98	709.98	709.98
Retained Earnings	-156.78	-92.04	55.86	512.36	106.23	-185.24
Total Common Equity	553.19	617.94	765.84	1,222	816.21	524.74
Minority Interest	-	-	-	-1.39	-2.27	-1.85
Shareholders' Equity	553.19	617.94	765.84	1,221	813.94	522.89
Total Liabilities & Equity	936.62	1,046	1,289	1,986	1,892	1,435
Total Debt	204.98	289.32	265.88	134.64	228.18	344.3
Net Cash (Debt)	133.95	226.62	418.14	1,038	693.95	109.75
Net Cash Growth	-42.39%	-45.80%	-59.70%	49.53%	532.28%	-
Net Cash Per Share	0.07	0.11	0.21	0.52	0.35	0.06
Filing Date Shares Outstanding	1,988	1,988	1,988	1,988	1,988	1,988
Total Common Shares Outstanding	1,988	1,988	1,988	1,988	1,988	1,988
Working Capital	227.12	298.95	465.97	992.22	578.35	251.29
Book Value Per Share	0.28	0.31	0.39	0.61	0.41	0.26
Tangible Book Value	553.19	617.94	765.84	1,220	813.52	521.4
Tangible Book Value Per Share	0.28	0.31	0.39	0.61	0.41	0.26
Buildings	-	86.1	81.39	91.27	91.27	91.27
Machinery	-	534.79	515.32	533.51	537.96	537.71
Construction In Progress	-	287.51	196.9	102	97.39	82.74

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.