Nuode New Materials Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	4,367	3,286	2,647	2,952	5,029	1,794
Trading Asset Securities	-	1.01	-	3.61	-	-
Cash & Short-Term Investments	4,367	3,287	2,647	2,956	5,029	1,794
Cash Growth	80.28%	24.18%	-10.43%	-41.23%	180.39%	-18.88%
Accounts Receivable	4,024	3,858	2,092	2,403	1,647	1,789
Other Receivables	77.89	84.81	31.24	65.42	156.46	31.05
Receivables	4,102	3,943	2,123	2,468	1,804	1,820
Inventory	1,774	1,073	953.79	946.82	1,028	479.91
Prepaid Expenses	-	-	0.31	0.81	0.57	0.75
Other Current Assets	640.13	770.33	417.34	378.47	161.08	264.46
Total Current Assets	10,883	9,074	6,142	6,750	8,022	4,359
Property, Plant & Equipment	8,271	8,301	8,268	6,606	3,784	2,732
Long-Term Investments	977.19	1,045	815.5	859.63	862.14	666.35
Goodwill	9.14	9.14	9.14	9.14	9.14	-
Other Intangible Assets	459.49	464.61	508.07	508.43	428.15	286.72
Long-Term Accounts Receivable	16.06	15.92	19.54	13.71	17.4	1.93
Long-Term Deferred Tax Assets	70.04	69.45	78.09	56	34.45	25.36
Long-Term Deferred Charges	222.36	216.5	138.42	61.44	53.85	10.76
Other Long-Term Assets	188.66	202.94	161.9	374.01	760.99	622.87
Total Assets	21,097	19,399	16,140	15,239	13,972	8,705
Accounts Payable	3,579	2,841	2,041	1,287	613.52	1,179
Accrued Expenses	17.01	50.22	56.12	35.51	73.1	40.76
Short-Term Debt	4,706	4,249	2,403	2,491	2,684	2,066
Current Portion of Long-Term Debt	1,667	1,412	1,881	355.23	438.01	180.87
Current Portion of Leases	-	322.24	221.36	423.45	242.75	151.79
Current Income Taxes Payable	45.33	8.04	7.12	25.06	36.81	27.93
Current Unearned Revenue	250.76	242.11	8.51	15.1	9.12	5.32
Other Current Liabilities	263.91	127.5	118.48	52.57	148.78	24.05
Total Current Liabilities	10,529	9,251	6,736	4,685	4,246	3,676
Long-Term Debt	2,598	2,182	1,749	2,328	1,541	834.13
Long-Term Leases	530.97	502.73	145.7	297.16	226.45	167.66
Long-Term Unearned Revenue	218.66	220.7	209.86	161.79	95.75	71.34
Long-Term Deferred Tax Liabilities	16.01	16.55	20.45	20.02	9.7	-
Other Long-Term Liabilities	-	31.3	65.63	106	106	116.27
Total Liabilities	13,893	12,205	8,927	7,598	6,225	4,865
Common Stock	1,735	1,735	1,735	1,746	1,746	1,397
Additional Paid-In Capital	3,798	3,794	3,786	3,876	3,886	1,876
Retained Earnings	60.57	20.48	320.45	672.13	821.86	573.79
Treasury Stock	-50.08	-50.08	-50.08	-100	-100	-
Comprehensive Income & Other	96.04	133.46	-110.45	-78.94	-78.62	-6.76
Total Common Equity	5,639	5,633	5,681	6,115	6,275	3,840
Minority Interest	1,564	1,561	1,533	1,526	1,473	-
Shareholders' Equity	7,204	7,195	7,213	7,641	7,748	3,840
Total Liabilities & Equity	21,097	19,399	16,140	15,239	13,972	8,705
Total Debt	9,502	8,667	6,400	5,895	5,132	3,401
Net Cash (Debt)	-5,135	-5,380	-3,753	-2,939	-102.77	-1,607
Net Cash Per Share	-2.98	-3.13	-2.16	-1.79	-0.06	-1.15
Filing Date Shares Outstanding	1,722	1,722	1,722	1,735	1,735	1,397
Total Common Shares Outstanding	1,722	1,722	1,722	1,735	1,735	1,397
Working Capital	354.02	-177.19	-594.17	2,065	3,776	683.18
Book Value Per Share	3.28	3.27	3.30	3.52	3.62	2.75
Tangible Book Value	5,171	5,159	5,163	5,598	5,838	3,553
Tangible Book Value Per Share	3.00	3.00	3.00	3.23	3.36	2.54
Buildings	-	2,533	2,502	1,180	1,185	914.24
Machinery	-	6,092	5,521	3,677	3,568	2,492
Construction In Progress	-	1,353	1,923	3,198	321.89	423.48

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