Baotailong New Materials 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	Sep '25 Sep 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	97.83	81.9	290.68	204.65	226.14	157.11
Trading Asset Securities	-	-	-	0.01	-	1
Cash & Short-Term Investments	97.83	81.9	290.68	204.66	226.14	158.11
Cash Growth	-31.34%	-71.83%	42.03%	-9.50%	43.02%	-22.08%
Accounts Receivable	70.25	84.47	314.94	189.68	62.67	91.37
Other Receivables	100.69	187.29	214.49	203.25	203.67	250.62
Receivables	170.94	271.76	529.43	392.92	266.33	342
Inventory	174.09	212.7	709.69	1,524	1,076	1,178
Other Current Assets	262.68	98.22	116.75	25.42	44.34	96.64
Total Current Assets	705.53	664.58	1,647	2,147	1,613	1,775
Property, Plant & Equipment	8,286	8,327	7,963	8,794	7,992	7,671
Long-Term Investments	44.7	44.8	42.96	41.38	48.11	45.68
Goodwill	65.92	65.92	65.92	103.55	103.55	103.55
Other Intangible Assets	1,594	1,854	1,867	1,852	1,864	866.78
Long-Term Deferred Tax Assets	764.63	787.62	661.12	160.83	167.96	143.48
Long-Term Deferred Charges	4.67	7.62	9	12.54	13.31	8.29
Other Long-Term Assets	177.51	169.99	147.46	282.64	177.98	477.57
Total Assets	11,643	11,921	12,403	13,393	11,980	11,091
Accounts Payable	1,438	945.92	1,732	1,430	1,360	1,289
Accrued Expenses	131.06	92.06	112.01	156.66	117.9	55.22
Short-Term Debt	1,993	1,689	1,528	1,065	1,023	1,344
Current Portion of Long-Term Debt	345.22	461.86	612.27	650.57	444.1	191.28
Current Portion of Leases	-	0.99	1.95	1.79	-	-
Current Income Taxes Payable	15.87	0.88	26.19	36.61	59.43	38.82
Current Unearned Revenue	267.96	201.24	135.58	136.27	73.22	113.54
Other Current Liabilities	35.18	805.74	292.3	208	112.7	104.04
Total Current Liabilities	4,227	4,198	4,440	3,684	3,190	3,136
Long-Term Debt	165	288	608	588.36	988.48	770.9
Long-Term Leases	-	0.7	2.35	4.3	-	-
Long-Term Unearned Revenue	111.85	114.44	119.78	127.62	135.94	147.74
Long-Term Deferred Tax Liabilities	69.12	72.82	50.62	109.92	104.84	104.23
Other Long-Term Liabilities	903.06	1,008	479.95	502.6	529.63	56.31
Total Liabilities	5,476	5,681	5,701	5,017	4,949	4,216
Common Stock	1,916	1,916	1,916	1,916	1,605	1,605
Additional Paid-In Capital	-	3,955	3,939	4,177	3,274	2,968
Retained Earnings	-350.66	-401.02	63.15	1,599	1,447	1,376
Comprehensive Income & Other	4,194	308.73	273.51	27.89	24.35	266.26
Total Common Equity	5,759	5,778	6,191	7,719	6,351	6,215
Minority Interest	408.32	461.78	510.93	656.75	680.7	659.85
Shareholders' Equity	6,167	6,240	6,702	8,376	7,031	6,875
Total Liabilities & Equity	11,643	11,921	12,403	13,393	11,980	11,091
Total Debt	2,503	2,441	2,753	2,310	2,455	2,307
Net Cash (Debt)	-2,406	-2,359	-2,462	-2,105	-2,229	-2,149
Net Cash Per Share	-1.23	-1.22	-1.28	-1.11	-1.33	-1.20
Filing Date Shares Outstanding	1,916	1,916	1,916	1,916	1,605	1,605
Total Common Shares Outstanding	1,916	1,916	1,916	1,916	1,605	1,605
Working Capital	-3,521	-3,533	-2,794	-1,537	-1,577	-1,362
Book Value Per Share	3.01	3.02	3.23	4.03	3.96	3.87
Tangible Book Value	4,099	3,858	4,258	5,764	4,383	5,245
Tangible Book Value Per Share	2.14	2.01	2.22	3.01	2.73	3.27
Buildings	-	2,682	1,978	2,125	2,124	2,015
Machinery	-	1,803	1,675	1,703	1,658	1,646
Construction In Progress	-	6,103	6,475	7,032	6,150	5,776

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