Quechen Silicon Chemical Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	753.16	815.69	474.97	596.3	790.37
Short-Term Investments	518.23	546.92	522.07	354.13	80
Trading Asset Securities	-	4.01	333.97	205	248.56
Cash & Short-Term Investments	1,271	1,367	1,331	1,155	1,119
Cash Growth	-6.97%	2.68%	15.20%	3.26%	-6.31%
Accounts Receivable	701.43	687.67	637.42	567.2	593.64
Other Receivables	8.54	6.82	3.02	0.29	6.64
Receivables	709.97	694.49	640.45	567.49	600.28
Inventory	231.59	227.5	182.29	228.71	169.9
Other Current Assets	92.51	66.72	44.48	45.59	51.19
Total Current Assets	2,305	2,355	2,198	1,997	1,940
Property, Plant & Equipment	1,785	1,211	1,053	922.2	816.58
Long-Term Investments	31.26	11.91	9.45	7.24	31.24
Other Intangible Assets	133.52	133.06	103.31	102.93	101.09
Long-Term Deferred Tax Assets	4.49	9.45	20.28	18.41	13.2
Long-Term Deferred Charges	6.51	6.71	6.91	7.11	7.3
Other Long-Term Assets	89.94	87.83	26.39	33.57	14.79
Total Assets	4,356	3,815	3,418	3,089	2,925
Accounts Payable	224.12	210.63	180.08	254.68	240.17
Accrued Expenses	59.85	67.85	63.69	27.92	31.28
Short-Term Debt	66.96	75.74	81.39	20.14	70
Current Portion of Long-Term Debt	-	-	-	-	0.83
Current Portion of Leases	-	-	-	0.18	0.17
Current Income Taxes Payable	34.96	49.51	34.46	38.26	17.28
Current Unearned Revenue	17.62	16.77	4.69	3.35	1.67
Other Current Liabilities	221.64	59.83	73.85	85.94	89.25
Total Current Liabilities	625.14	480.32	438.17	430.47	450.67
Long-Term Debt	-	-	-	-	4
Long-Term Leases	-	-	-	-	0.18
Long-Term Unearned Revenue	0.15	0.16	0.26	0.41	0.56
Long-Term Deferred Tax Liabilities	-	-	-	0	0.53
Total Liabilities	625.3	480.48	438.42	430.88	455.94
Common Stock	415.88	415.88	417.4	417.46	417.59
Additional Paid-In Capital	785.4	799.94	806.78	811.45	800.83
Retained Earnings	2,542	2,170	1,771	1,463	1,291
Treasury Stock	-54.82	-74.94	-32.2	-42.72	-31.06
Comprehensive Income & Other	41.98	23.93	15.56	8.81	-9.49
Total Common Equity	3,731	3,334	2,979	2,658	2,469
Minority Interest	-0.23	0.15	0.42	0	0
Shareholders' Equity	3,731	3,335	2,979	2,658	2,469
Total Liabilities & Equity	4,356	3,815	3,418	3,089	2,925
Total Debt	66.96	75.74	81.39	20.32	75.19
Net Cash (Debt)	1,204	1,291	1,250	1,135	1,044
Net Cash Growth	-6.70%	3.30%	10.09%	8.75%	-4.77%
Net Cash Per Share	2.93	3.15	3.00	2.74	2.50
Filing Date Shares Outstanding	413.88	410.43	416.25	416.31	417.59
Total Common Shares Outstanding	413.88	410.43	416.25	416.31	417.59
Working Capital	1,680	1,875	1,760	1,567	1,490
Book Value Per Share	9.01	8.12	7.16	6.38	5.91
Tangible Book Value	3,597	3,201	2,876	2,555	2,367
Tangible Book Value Per Share	8.69	7.80	6.91	6.14	5.67
Buildings	1,019	657.95	599.57	488.12	477.96
Machinery	1,254	1,022	846.01	37.46	714.95
Construction In Progress	350.8	303.27	292.83	292.48	187.14

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