Kente Catalysts 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	294.23	195.35	207.09	135.7	68.44	90.1
Trading Asset Securities	220.42	320.16	-	-	-	-
Cash & Short-Term Investments	514.65	515.51	207.09	135.7	68.44	90.1
Cash Growth	141.26%	148.94%	52.60%	98.29%	-24.04%	-46.17%
Accounts Receivable	265.5	279.17	272.83	243.16	250.27	206.73
Other Receivables	27.07	2.51	7.71	0.22	0.21	0.01
Receivables	292.57	281.68	280.54	243.37	250.48	206.74
Inventory	79.2	82.13	72.34	69.62	90.81	78.46
Other Current Assets	23.75	8.68	16.39	12.75	10.88	18.13
Total Current Assets	910.17	888	576.36	461.44	420.6	393.43
Property, Plant & Equipment	396.04	384.7	371.28	402.99	432.73	440.21
Long-Term Investments	-	-	-	-	3.35	3.15
Other Intangible Assets	83.11	83.61	85.62	89.71	91.6	93.5
Long-Term Deferred Tax Assets	3.4	3.21	7.25	6.39	6.78	20.85
Long-Term Deferred Charges	4.48	2.51	0.7	0.9	1.13	1.1
Other Long-Term Assets	7.73	6.37	2.26	0.3	0.57	1.23
Total Assets	1,405	1,368	1,043	961.73	956.76	953.48
Accounts Payable	79.14	65.5	30.26	47.73	58.17	99.87
Accrued Expenses	8.01	17.56	16.81	16.01	21.99	20.83
Short-Term Debt	-	-	-	-	-	5.01
Current Portion of Long-Term Debt	-	-	-	-	2.22	5.67
Current Portion of Leases	-	0.8	-	0.39	0.38	0.4
Current Income Taxes Payable	11.71	10.35	13.38	10.52	2.56	4.43
Current Unearned Revenue	3.29	2.32	1.22	0.76	2.68	2.72
Other Current Liabilities	78.08	65.33	77.88	78.47	109.6	106.53
Total Current Liabilities	180.23	161.86	139.55	153.89	197.58	245.46
Long-Term Debt	-	-	-	-	38.54	96.21
Long-Term Leases	0.1	0.19	-	-	0.39	-
Long-Term Unearned Revenue	16.75	17.17	21.66	19.16	15.98	17.3
Long-Term Deferred Tax Liabilities	16.5	16.87	23.01	25.49	28.42	29.63
Total Liabilities	213.59	196.09	184.21	198.53	280.92	388.6
Common Stock	90.4	90.4	67.8	67.8	67.8	67.8
Additional Paid-In Capital	453.43	453.19	207.55	206.42	205.34	204.26
Retained Earnings	633.45	614.09	567.81	474.31	389.11	279.52
Comprehensive Income & Other	14.06	14.62	16.09	14.67	13.6	13.3
Shareholders' Equity	1,191	1,172	859.25	763.2	675.84	564.88
Total Liabilities & Equity	1,405	1,368	1,043	961.73	956.76	953.48
Total Debt	0.1	0.99	-	0.39	41.53	107.29
Net Cash (Debt)	514.55	514.53	207.09	135.31	26.9	-17.19
Net Cash Growth	142.76%	148.46%	53.05%	402.92%	-	-
Net Cash Per Share	5.75	6.18	3.06	2.00	0.40	-0.25
Filing Date Shares Outstanding	90.4	90.4	67.8	67.8	67.65	67.98
Total Common Shares Outstanding	90.4	90.4	67.8	67.8	67.65	67.98
Working Capital	729.94	726.14	436.81	307.56	223.01	147.97
Book Value Per Share	13.18	12.97	12.67	11.26	9.99	8.31
Tangible Book Value	1,108	1,089	773.63	673.49	584.24	471.38
Tangible Book Value Per Share	12.26	12.04	11.41	9.93	8.64	6.93
Buildings	-	206.39	206.12	212.76	212.76	205.6
Machinery	-	358.4	346.35	331.82	320.55	296.74
Construction In Progress	-	48.58	4.83	5.71	4.08	3.66