Kente Catalysts 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	224.93	207.09	135.7	68.44	90.1	167.38
Cash & Short-Term Investments	545.05	207.09	135.7	68.44	90.1	167.38
Cash Growth	301.65%	52.60%	98.29%	-24.04%	-46.17%	201.93%
Accounts Receivable	257.04	272.83	243.16	250.27	206.73	144.1
Other Receivables	2.07	7.55	0.22	0.21	0.01	0.84
Receivables	259.11	280.38	243.37	250.48	206.74	144.94
Inventory	78.15	72.4	69.62	90.81	78.46	50.87
Other Current Assets	8.32	16.41	12.75	10.88	18.13	9.26
Total Current Assets	890.64	576.27	461.44	420.6	393.43	372.44
Property, Plant & Equipment	362.81	371.75	402.99	432.73	440.21	288.11
Long-Term Investments	-	-	-	3.35	3.15	3.13
Other Intangible Assets	84.11	85.62	89.71	91.6	93.5	26.9
Long-Term Deferred Tax Assets	6.44	7.24	6.39	6.78	20.85	2.89
Long-Term Deferred Charges	2.82	0.7	0.9	1.13	1.1	0.44
Other Long-Term Assets	6.1	2.26	0.3	0.57	1.23	11.99
Total Assets	1,353	1,044	961.73	956.76	953.48	705.91
Accounts Payable	53.22	30.14	47.73	58.17	99.87	103.85
Accrued Expenses	10.54	11.95	16.01	21.99	20.83	17.2
Short-Term Debt	-	-	-	-	5.01	25.03
Current Portion of Long-Term Debt	-	-	-	2.22	5.67	-
Current Portion of Leases	0.78	-	0.39	0.38	0.4	-
Current Income Taxes Payable	6.49	19.04	10.52	2.56	4.43	12.05
Current Unearned Revenue	2.33	1.22	0.76	2.68	2.72	2.76
Other Current Liabilities	64.09	77.88	78.47	109.6	106.53	61.33
Total Current Liabilities	137.45	140.22	153.89	197.58	245.46	222.23
Long-Term Debt	-	-	-	38.54	96.21	-
Long-Term Leases	0.43	-	-	0.39	-	-
Long-Term Unearned Revenue	17.43	21.66	19.16	15.98	17.3	6.84
Long-Term Deferred Tax Liabilities	21.22	22.68	25.49	28.42	29.63	1.56
Total Liabilities	176.53	184.56	198.53	280.92	388.6	230.63
Common Stock	90.4	67.8	67.8	67.8	67.8	67.8
Additional Paid-In Capital	452.93	207.55	206.42	205.34	204.26	203.19
Retained Earnings	618.17	567.83	474.31	389.11	279.52	193.18
Comprehensive Income & Other	14.89	16.09	14.67	13.6	13.3	11.12
Shareholders' Equity	1,176	859.26	763.2	675.84	564.88	475.29
Total Liabilities & Equity	1,353	1,044	961.73	956.76	953.48	705.91
Total Debt	1.21	-	0.39	41.53	107.29	25.03
Net Cash (Debt)	543.84	207.09	135.31	26.9	-17.19	142.34
Net Cash Growth	301.93%	53.05%	402.92%	-	-	2326.89%
Net Cash Per Share	7.07	3.06	2.00	0.40	-0.25	2.48
Filing Date Shares Outstanding	90.4	67.8	67.8	67.65	67.98	57.34
Total Common Shares Outstanding	90.4	67.8	67.8	67.65	67.98	57.34
Working Capital	753.19	436.05	307.56	223.01	147.97	150.21
Book Value Per Share	13.01	12.67	11.26	9.99	8.31	8.29
Tangible Book Value	1,092	773.65	673.49	584.24	471.38	448.39
Tangible Book Value Per Share	12.08	11.41	9.93	8.64	6.93	7.82
Buildings	-	-	212.76	212.76	205.6	68.89
Machinery	-	-	331.82	320.55	296.74	130.59
Construction In Progress	-	-	5.71	4.08	3.66	140.56

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