Sobute 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	880.73	869.26	1,003	1,048	841.72	986.42
Trading Asset Securities	1,109	334.54	276.57	8	115	-
Cash & Short-Term Investments	1,990	1,204	1,279	1,056	956.72	986.42
Cash Growth	67.07%	-5.89%	21.08%	10.42%	-3.01%	94.74%
Accounts Receivable	2,946	3,008	3,014	3,234	3,412	2,759
Other Receivables	97.11	55.17	59.6	58.89	46.7	57.77
Receivables	3,043	3,063	3,074	3,292	3,459	2,817
Inventory	541.58	418.92	453.47	457.73	462.36	315.02
Other Current Assets	184.65	138.64	124.59	131.11	169.61	120.49
Total Current Assets	5,759	4,824	4,931	4,938	5,047	4,239
Property, Plant & Equipment	2,071	2,091	2,063	1,863	1,651	1,516
Long-Term Investments	121.05	114.57	110.37	112.02	111.53	99.58
Goodwill	150.18	150.18	152.01	149.46	149.46	148.93
Other Intangible Assets	426.33	462.33	472.67	456.93	369.29	247.97
Long-Term Deferred Tax Assets	149.19	142.46	120.89	92.61	57.91	51.46
Long-Term Deferred Charges	67.58	77.95	90.54	94.42	103.97	68.89
Other Long-Term Assets	14.54	22.07	19.78	45.14	78.92	41.27
Total Assets	8,759	7,885	7,960	7,751	7,570	6,413
Accounts Payable	614.46	570.37	407.19	749.25	1,260	695.69
Accrued Expenses	89.77	269.03	219.51	235.8	297.38	418.95
Short-Term Debt	1,608	789.36	688.31	862.25	741.69	802.77
Current Portion of Long-Term Debt	164.96	132.39	552.23	-	10	-
Current Portion of Leases	-	16.76	12.42	14.85	14.15	-
Current Income Taxes Payable	42.57	32.65	28.47	38.63	49.09	54.84
Current Unearned Revenue	104.83	80.94	103.66	92.75	109.46	112.81
Other Current Liabilities	136.13	126.16	141.36	118.41	371.05	403.36
Total Current Liabilities	2,761	2,018	2,153	2,112	2,853	2,488
Long-Term Debt	897.27	834.78	860.51	840.82	300	33.23
Long-Term Leases	21.24	26.49	33.37	32.69	35.17	-
Long-Term Unearned Revenue	165.63	161.07	161.69	134	101.31	116.23
Long-Term Deferred Tax Liabilities	29.94	33.29	38.91	37.93	14.94	9.77
Total Liabilities	3,875	3,073	3,248	3,157	3,304	2,648
Common Stock	426.3	432.61	420.31	420.31	420.31	350.26
Additional Paid-In Capital	1,773	1,800	1,732	1,735	1,731	1,788
Retained Earnings	2,052	2,002	1,971	1,935	1,798	1,391
Treasury Stock	-34.12	-71.52	-	-	-24.78	-66.94
Comprehensive Income & Other	104.42	105.86	106.78	103.84	6.1	0.66
Total Common Equity	4,322	4,268	4,229	4,194	3,931	3,463
Minority Interest	561.99	543.18	483.38	400.41	334.94	301.57
Shareholders' Equity	4,884	4,812	4,713	4,594	4,266	3,765
Total Liabilities & Equity	8,759	7,885	7,960	7,751	7,570	6,413
Total Debt	2,692	1,800	2,147	1,751	1,101	836
Net Cash (Debt)	-701.83	-595.97	-867.75	-694.21	-144.29	150.43
Net Cash Per Share	-1.64	-1.37	-2.06	-1.57	-0.34	0.40
Filing Date Shares Outstanding	426.3	432.61	420.31	420.31	420.31	420.31
Total Common Shares Outstanding	426.3	432.61	420.31	420.31	420.31	420.31
Working Capital	2,998	2,807	2,778	2,826	2,195	1,750
Book Value Per Share	10.14	9.87	10.06	9.98	9.35	8.24
Tangible Book Value	3,745	3,656	3,604	3,587	3,412	3,066
Tangible Book Value Per Share	8.79	8.45	8.58	8.53	8.12	7.30
Buildings	-	1,351	1,351	1,136	1,052	927.68
Machinery	-	1,264	1,221	1,099	945.73	807.66
Construction In Progress	-	306.15	157.06	130.19	19.27	82.19

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