Mingxin New Material 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	2016 - 2019
Period Ending	Mar '25 Mar 31, 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	2016 - 2019
Cash & Equivalents	173.74	261.18	698.56	914.77	831.35	719.96	Upgrade
Trading Asset Securities	310.62	260.62	80	250	-	50	Upgrade
Cash & Short-Term Investments	484.36	521.8	778.56	1,165	831.35	769.96	Upgrade
Cash Growth	-26.56%	-32.98%	-33.16%	40.11%	7.97%	2185.43%	Upgrade
Accounts Receivable	561.28	607.94	491.11	445.03	405.42	378.35	Upgrade
Other Receivables	9.92	8.83	3.06	37.29	3.12	2.17	Upgrade
Receivables	571.21	616.77	494.17	482.32	408.54	380.52	Upgrade
Inventory	823.68	743.06	688.93	629.51	564.74	408.33	Upgrade
Other Current Assets	55.13	37.09	54.32	20.46	36.29	21.92	Upgrade
Total Current Assets	1,934	1,919	2,016	2,297	1,841	1,581	Upgrade
Property, Plant & Equipment	1,353	1,356	1,125	738.28	586.2	411.53	Upgrade
Other Intangible Assets	140.33	141.58	145.67	150.22	107.01	83.71	Upgrade
Long-Term Deferred Tax Assets	92.01	96	66.18	47.01	33.55	20.26	Upgrade
Long-Term Deferred Charges	17.87	18.91	10.72	11.91	6.39	0.28	Upgrade
Other Long-Term Assets	1.57	3.27	75.95	79.19	95.37	36.12	Upgrade
Total Assets	3,539	3,535	3,440	3,324	2,669	2,133	Upgrade
Accounts Payable	642.3	509.62	254.73	251.1	201.33	190.42	Upgrade
Accrued Expenses	17.4	55.22	57.53	59.5	48.51	29.31	Upgrade
Short-Term Debt	230.98	250.7	236.28	244.16	353.19	29.31	Upgrade
Current Portion of Long-Term Debt	83.04	80.22	2.5	-	-	-	Upgrade
Current Portion of Leases	-	17.32	17.53	4.28	5.17	-	Upgrade
Current Income Taxes Payable	4.77	3.01	8.09	5.74	8.93	18.26	Upgrade
Current Unearned Revenue	3.4	1.17	1.19	0.59	0.24	1.32	Upgrade
Other Current Liabilities	1.02	60.39	53.32	43.66	45.99	34.98	Upgrade
Total Current Liabilities	982.89	977.64	631.19	609.04	663.36	303.6	Upgrade
Long-Term Debt	647	644.98	669.08	579.18	-	-	Upgrade
Long-Term Leases	110.9	113.16	119.26	94.02	97.48	-	Upgrade
Long-Term Unearned Revenue	62.04	63.49	69.85	60.89	39.73	42.69	Upgrade
Long-Term Deferred Tax Liabilities	31.54	33.27	41.21	37.49	1.18	-	Upgrade
Other Long-Term Liabilities	24.92	32.91	33.2	25.42	104.64	80.35	Upgrade
Total Liabilities	1,859	1,865	1,564	1,406	906.39	426.64	Upgrade
Common Stock	162.14	162.14	162.54	166.6	166.6	166	Upgrade
Additional Paid-In Capital	815.46	815.46	821.13	921.56	923.09	912.61	Upgrade
Retained Earnings	594.69	584.19	756.23	717.29	666.41	627.52	Upgrade
Treasury Stock	-28	-28	-7.05	-31.55	-10.58	-	Upgrade
Comprehensive Income & Other	135.3	135.34	143.1	143.71	0.56	-0.15	Upgrade
Total Common Equity	1,680	1,669	1,876	1,918	1,746	1,706	Upgrade
Minority Interest	-	-	-	-	16.96	-	Upgrade
Shareholders' Equity	1,680	1,669	1,876	1,918	1,763	1,706	Upgrade
Total Liabilities & Equity	3,539	3,535	3,440	3,324	2,669	2,133	Upgrade
Total Debt	1,072	1,106	1,045	921.64	455.84	29.31	Upgrade
Net Cash (Debt)	-587.55	-584.58	-266.1	243.13	375.5	740.65	Upgrade
Net Cash Growth	-	-	-	-35.25%	-49.30%	-	Upgrade
Net Cash Per Share	-3.55	-3.60	-1.59	1.48	2.25	5.78	Upgrade
Filing Date Shares Outstanding	160.66	160.66	158.68	165.6	166	166	Upgrade
Total Common Shares Outstanding	160.66	160.66	158.68	165.6	166	166	Upgrade
Working Capital	951.49	941.09	1,385	1,688	1,178	1,277	Upgrade
Book Value Per Share	10.45	10.39	11.82	11.58	10.52	10.28	Upgrade
Tangible Book Value	1,539	1,528	1,730	1,767	1,639	1,622	Upgrade
Tangible Book Value Per Share	9.58	9.51	10.90	10.67	9.87	9.77	Upgrade
Buildings	-	561.12	249.58	241.58	189.68	133.64	Upgrade
Machinery	-	692.49	426.03	397.2	280.99	218	Upgrade
Construction In Progress	-	284.75	556.37	179.14	147.2	157.64	Upgrade

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.