Kangxin New Materials Co., Ltd (SHA:600076)

Kangxin New Materials Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	-	354.37	179.6	178.05	335.85	699.59
Trading Asset Securities	-	-	80.07	-	-	200.54
Cash & Short-Term Investments	347.87	354.37	259.67	178.05	335.85	900.12
Cash Growth	-30.10%	36.47%	45.84%	-46.99%	-62.69%	181.24%
Accounts Receivable	-	139.12	122.4	103.8	31.06	155.24
Other Receivables	-	5.2	4.27	6.26	3.98	19.43
Receivables	-	144.32	126.67	110.06	35.03	174.67
Inventory	-	3,802	3,773	3,853	3,848	3,773
Prepaid Expenses	-	-	-	-	0.86	2.72
Other Current Assets	-	31.79	30.39	28.21	35.19	60.01
Total Current Assets	-	4,333	4,190	4,170	4,255	4,910
Property, Plant & Equipment	-	698.1	905.75	1,001	1,083	1,119
Long-Term Investments	-	-	5.21	8	8	3
Goodwill	-	131.78	131.78	131.78	146.93	146.93
Other Intangible Assets	-	1,452	1,520	1,564	1,607	1,657
Long-Term Deferred Tax Assets	-	5.06	5.48	61.55	69.74	67.86
Long-Term Deferred Charges	-	0.94	3.81	14.77	31.36	52.99
Other Long-Term Assets	-	37.8	39.19	47.33	49.32	44.23
Total Assets	-	6,658	6,801	6,999	7,251	8,001

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	-	90.65	80.44	43.92	36.57	128.12
Accrued Expenses	-	19.21	19.35	8.3	20.92	39.43
Short-Term Debt	-	1,038	1,488	305.57	1,730	2,251
Current Portion of Long-Term Debt	-	529.75	174.72	-	50.82	35.27
Current Portion of Leases	-	0.64	0.45	-	5.19	4.3
Current Income Taxes Payable	-	2.73	3.22	17.61	1.44	6.71
Current Unearned Revenue	-	0.58	2.14	3.55	4.76	4.45
Other Current Liabilities	-	5.44	5.25	1,233	11.25	19.33
Total Current Liabilities	-	1,687	1,774	1,612	1,861	2,488
Long-Term Debt	-	1,278	883.58	745	542.37	570
Long-Term Leases	-	2.71	5.37	6.03	8.78	10.93
Long-Term Unearned Revenue	-	16.78	39.88	42.82	45.75	48.45
Long-Term Deferred Tax Liabilities	-	2.98	3.92	4.79	6.1	2.96
Other Long-Term Liabilities	-	2.5	-	148.52	-	-
Total Liabilities	-	2,989	2,706	2,559	2,464	3,121

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	-	1,345	1,345	1,345	1,345	1,345
Additional Paid-In Capital	-	1,057	1,057	1,057	1,109	1,058
Retained Earnings	-	1,221	1,606	1,943	2,241	2,434
Treasury Stock	-	-10.05	-2	-	-	-
Comprehensive Income & Other	-	-0.72	-1.1	0.98	0.17	-
Total Common Equity	3,560	3,612	4,004	4,345	4,694	4,836
Minority Interest	-	57.09	90.9	95.09	92.41	44.86
Shareholders' Equity	3,617	3,669	4,095	4,440	4,787	4,881
Total Liabilities & Equity	-	6,658	6,801	6,999	7,251	8,001

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	2,833	2,849	2,552	1,057	2,337	2,871
Net Cash (Debt)	-2,485	-2,494	-2,292	-878.55	-2,002	-1,971
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.86	-1.88	-1.70	-0.64	-1.46	-1.49
Filing Date Shares Outstanding	1,414	1,339	1,343	1,345	1,345	1,345
Total Common Shares Outstanding	1,414	1,339	1,343	1,345	1,345	1,345
Working Capital	-	2,646	2,417	2,558	2,394	2,422
Book Value Per Share	2.66	2.70	2.98	3.23	3.49	3.60
Tangible Book Value	1,987	2,028	2,352	2,649	2,940	3,032
Tangible Book Value Per Share	1.48	1.51	1.75	1.97	2.19	2.26
Buildings	-	682.7	750.52	-	747.18	753.78
Machinery	-	794.42	838.09	-	844.46	802.58
Construction In Progress	-	-	0.93	-	8.42	5.33

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 1, 2026

Data Sources Report a data error