NBTM New Materials Group 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	558.95	355	317.52	257.41	340.9	365
Trading Asset Securities	-	-	-	-	-	2.09
Cash & Short-Term Investments	558.95	355	317.52	257.41	340.9	367.09
Cash Growth	-9.37%	11.80%	23.35%	-24.49%	-7.13%	-18.03%
Accounts Receivable	2,064	2,120	1,707	1,331	1,072	1,123
Other Receivables	5.02	9.92	24.71	35.46	41.51	73.15
Receivables	2,069	2,130	1,731	1,366	1,113	1,196
Inventory	1,136	1,117	1,205	909.58	900.08	755.87
Other Current Assets	49.11	26.08	15.03	33.12	17.96	43.63
Total Current Assets	3,813	3,629	3,269	2,566	2,372	2,363
Property, Plant & Equipment	2,899	2,883	2,916	2,826	2,709	2,526
Long-Term Investments	232.79	232.79	261.59	263.02	234.5	231.07
Goodwill	575.87	575.87	575.87	575.87	575.87	459.21
Other Intangible Assets	370.74	373.54	368.19	381.53	376.98	384.52
Long-Term Accounts Receivable	-	-	4.29	10.97	12.13	9.48
Long-Term Deferred Tax Assets	87.01	81.44	77.21	59.29	77.84	49.16
Long-Term Deferred Charges	65.01	63.04	70.81	82.15	85.14	80.16
Other Long-Term Assets	9.05	9.29	3.77	3.99	38.8	29.82
Total Assets	8,052	7,848	7,547	6,769	6,482	6,132
Accounts Payable	971.17	952.12	579.16	411.18	357.27	302.27
Accrued Expenses	81.62	108.17	168.35	105.98	96.65	115.03
Short-Term Debt	239.7	175.85	530.7	210.45	796.14	1,188
Current Portion of Long-Term Debt	1,032	752.13	459	708.9	464.41	169.83
Current Portion of Leases	-	-	21.45	15.07	17.27	16.6
Current Income Taxes Payable	35.11	44.15	5.96	6.97	6.36	7.24
Current Unearned Revenue	5.38	5.13	5.25	5.31	4.27	5.96
Other Current Liabilities	275.33	275.57	88.47	87.51	94.69	61.92
Total Current Liabilities	2,640	2,313	1,858	1,551	1,837	1,866
Long-Term Debt	855.06	1,181	1,871	1,795	1,561	1,119
Long-Term Leases	112.34	115.71	143.46	115.16	73.24	61.15
Long-Term Unearned Revenue	116.35	118.86	109.78	97.79	102.63	94.78
Long-Term Deferred Tax Liabilities	7.89	8.16	9.46	10.64	36.61	21.8
Other Long-Term Liabilities	10.43	10.22	293.24	280.81	-	-
Total Liabilities	3,742	3,747	4,285	3,851	3,611	3,163
Common Stock	631.38	631.38	616.38	616.38	616.38	616.38
Additional Paid-In Capital	1,350	1,314	905.28	899.5	1,023	1,223
Retained Earnings	1,756	1,630	1,279	1,005	868.83	743.91
Treasury Stock	-178.5	-178.5	-	-	-	-
Comprehensive Income & Other	5.71	6.09	6.52	6.16	5.88	-0.84
Total Common Equity	3,564	3,403	2,807	2,527	2,514	2,583
Minority Interest	745.75	698.3	454.48	390.92	358.15	386.35
Shareholders' Equity	4,310	4,101	3,262	2,918	2,872	2,969
Total Liabilities & Equity	8,052	7,848	7,547	6,769	6,482	6,132
Total Debt	2,239	2,224	3,025	2,845	2,912	2,554
Net Cash (Debt)	-1,680	-1,869	-2,708	-2,587	-2,571	-2,187
Net Cash Per Share	-2.69	-3.00	-4.39	-4.18	-4.13	-3.22
Filing Date Shares Outstanding	629.36	632.51	616.38	616.38	616.38	616.38
Total Common Shares Outstanding	629.36	632.51	616.38	616.38	616.38	616.38
Working Capital	1,173	1,316	1,410	1,015	535.2	496.5
Book Value Per Share	5.66	5.38	4.55	4.10	4.08	4.19
Tangible Book Value	2,618	2,453	1,863	1,570	1,561	1,739
Tangible Book Value Per Share	4.16	3.88	3.02	2.55	2.53	2.82
Buildings	-	-	1,587	1,494	1,399	1,107
Machinery	-	-	3,720	3,386	3,183	2,837
Construction In Progress	-	-	108.23	202.77	132.81	323.16

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