Mingxin New Material Co.,Ltd. (SHA:605068)

Mingxin New Material Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	140.89	261.18	698.56	914.77	831.35	719.96
Trading Asset Securities	370	260.62	80	250	-	50
Cash & Short-Term Investments	510.89	521.8	778.56	1,165	831.35	769.96
Cash Growth	-6.97%	-32.98%	-33.16%	40.11%	7.97%	2185.43%
Accounts Receivable	604.14	607.94	491.11	445.03	405.42	378.35
Other Receivables	10.1	8.83	3.06	37.29	3.12	2.17
Receivables	614.24	616.77	494.17	482.32	408.54	380.52
Inventory	999.76	743.06	688.93	629.51	564.74	408.33
Other Current Assets	65.41	37.09	54.32	20.46	36.29	21.92
Total Current Assets	2,190	1,919	2,016	2,297	1,841	1,581
Property, Plant & Equipment	1,338	1,356	1,125	738.28	586.2	411.53
Other Intangible Assets	137.84	141.58	145.67	150.22	107.01	83.71
Long-Term Deferred Tax Assets	97.58	96	66.18	47.01	33.55	20.26
Long-Term Deferred Charges	21.37	18.91	10.72	11.91	6.39	0.28
Other Long-Term Assets	1.6	3.27	75.95	79.19	95.37	36.12
Total Assets	3,787	3,535	3,440	3,324	2,669	2,133
Accounts Payable	961.7	509.62	254.73	251.1	201.33	190.42
Accrued Expenses	12.56	55.22	57.53	59.5	48.51	29.31
Short-Term Debt	257.52	250.7	236.28	244.16	353.19	29.31
Current Portion of Long-Term Debt	38.05	80.22	2.5	-	-	-
Current Portion of Leases	-	17.32	17.53	4.28	5.17	-
Current Income Taxes Payable	6.48	3.01	8.09	5.74	8.93	18.26
Current Unearned Revenue	1.95	1.17	1.19	0.59	0.24	1.32
Other Current Liabilities	1.18	60.39	53.32	43.66	45.99	34.98
Total Current Liabilities	1,279	977.64	631.19	609.04	663.36	303.6
Long-Term Debt	644.32	644.98	669.08	579.18	-	-
Long-Term Leases	105.6	113.16	119.26	94.02	97.48	-
Long-Term Unearned Revenue	66.33	63.49	69.85	60.89	39.73	42.69
Long-Term Deferred Tax Liabilities	28.57	33.27	41.21	37.49	1.18	-
Other Long-Term Liabilities	14.63	32.91	33.2	25.42	104.64	80.35
Total Liabilities	2,139	1,865	1,564	1,406	906.39	426.64
Common Stock	162.2	162.14	162.54	166.6	166.6	166
Additional Paid-In Capital	801.9	815.46	821.13	921.56	923.09	912.61
Retained Earnings	544.69	584.19	756.23	717.29	666.41	627.52
Treasury Stock	-	-28	-7.05	-31.55	-10.58	-
Comprehensive Income & Other	138.21	135.34	143.1	143.71	0.56	-0.15
Total Common Equity	1,647	1,669	1,876	1,918	1,746	1,706
Minority Interest	0.6	-	-	-	16.96	-
Shareholders' Equity	1,648	1,669	1,876	1,918	1,763	1,706
Total Liabilities & Equity	3,787	3,535	3,440	3,324	2,669	2,133
Total Debt	1,045	1,106	1,045	921.64	455.84	29.31
Net Cash (Debt)	-534.59	-584.58	-266.1	243.13	375.5	740.65
Net Cash Growth	-	-	-	-35.25%	-49.30%	-
Net Cash Per Share	-3.10	-3.60	-1.59	1.48	2.25	5.78
Filing Date Shares Outstanding	162.2	160.66	158.68	165.6	166	166
Total Common Shares Outstanding	162.2	160.66	158.68	165.6	166	166
Working Capital	910.85	941.09	1,385	1,688	1,178	1,277
Book Value Per Share	10.15	10.39	11.82	11.58	10.52	10.28
Tangible Book Value	1,509	1,528	1,730	1,767	1,639	1,622
Tangible Book Value Per Share	9.30	9.51	10.90	10.67	9.87	9.77
Buildings	-	561.12	249.58	241.58	189.68	133.64
Machinery	-	692.49	426.03	397.2	280.99	218
Construction In Progress	-	284.75	556.37	179.14	147.2	157.64

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