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 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	151.68	118.29	81.9	290.68	204.65	226.14
Trading Asset Securities	-	-	-	-	0.01	-
Cash & Short-Term Investments	151.68	118.29	81.9	290.68	204.66	226.14
Cash Growth	46.34%	44.44%	-71.83%	42.03%	-9.50%	43.02%
Accounts Receivable	110.04	112.1	84.47	314.94	189.68	62.67
Other Receivables	9.59	119.62	187.29	214.49	203.25	203.67
Receivables	119.63	231.72	271.76	529.43	392.92	266.33
Inventory	158.34	204.67	212.7	709.69	1,524	1,076
Other Current Assets	217.59	123.66	98.22	116.75	25.42	44.34
Total Current Assets	647.24	678.35	664.58	1,647	2,147	1,613
Property, Plant & Equipment	8,296	8,292	8,327	7,963	8,794	7,992
Long-Term Investments	25.94	39.33	44.8	42.96	41.38	48.11
Goodwill	65.92	65.92	65.92	65.92	103.55	103.55
Other Intangible Assets	1,626	1,625	1,854	1,867	1,852	1,864
Long-Term Deferred Tax Assets	772.32	756.72	787.62	661.12	160.83	167.96
Long-Term Deferred Charges	2.97	3.71	7.62	9	12.54	13.31
Other Long-Term Assets	179.39	170.33	169.99	147.46	282.64	177.98
Total Assets	11,616	11,631	11,921	12,403	13,393	11,980
Accounts Payable	1,531	961.86	1,566	1,732	1,430	1,360
Accrued Expenses	144.55	166.38	92.06	112.01	156.66	117.9
Short-Term Debt	1,514	2,055	1,689	1,528	1,065	1,023
Current Portion of Long-Term Debt	206.11	221.17	549.62	612.27	650.57	444.1
Current Portion of Leases	-	0.35	0.99	1.95	1.79	-
Current Income Taxes Payable	23.01	1.79	0.88	26.19	36.61	59.43
Current Unearned Revenue	352.26	309.79	201.24	135.58	136.27	73.22
Other Current Liabilities	799.35	848.34	97.67	292.3	208	112.7
Total Current Liabilities	4,570	4,564	4,198	4,440	3,684	3,190
Long-Term Debt	192	192	288	608	588.36	988.48
Long-Term Leases	-	-	0.7	2.35	4.3	-
Long-Term Unearned Revenue	106.96	109.11	114.44	119.78	127.62	135.94
Long-Term Deferred Tax Liabilities	64.89	66.45	72.82	50.62	109.92	104.84
Other Long-Term Liabilities	949.87	910.26	1,008	479.95	502.6	529.63
Total Liabilities	5,884	5,842	5,681	5,701	5,017	4,949
Common Stock	1,916	1,916	1,916	1,916	1,916	1,605
Additional Paid-In Capital	-	3,948	3,955	3,939	4,177	3,274
Retained Earnings	-776.02	-721.74	-401.02	63.15	1,599	1,447
Comprehensive Income & Other	4,277	325.35	308.73	273.51	27.89	24.35
Total Common Equity	5,416	5,467	5,778	6,191	7,719	6,351
Minority Interest	315.96	321.75	461.78	510.93	656.75	680.7
Shareholders' Equity	5,732	5,789	6,240	6,702	8,376	7,031
Total Liabilities & Equity	11,616	11,631	11,921	12,403	13,393	11,980
Total Debt	1,912	2,468	2,528	2,753	2,310	2,455
Net Cash (Debt)	-1,760	-2,350	-2,446	-2,462	-2,105	-2,229
Net Cash Per Share	-0.93	-1.25	-1.26	-1.28	-1.11	-1.33
Filing Date Shares Outstanding	1,916	1,916	1,916	1,916	1,916	1,605
Total Common Shares Outstanding	1,916	1,916	1,916	1,916	1,916	1,605
Working Capital	-3,923	-3,886	-3,533	-2,794	-1,537	-1,577
Book Value Per Share	2.83	2.85	3.02	3.23	4.03	3.96
Tangible Book Value	3,725	3,777	3,858	4,258	5,764	4,383
Tangible Book Value Per Share	1.94	1.97	2.01	2.22	3.01	2.73
Buildings	-	3,496	2,682	1,978	2,125	2,124
Machinery	-	2,087	1,803	1,675	1,703	1,658
Construction In Progress	-	5,114	6,103	6,475	7,032	6,150

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