Quechen Silicon Chemical 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	692.02	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	692.02	1,271	1,367	1,331	1,155	1,119
Cash Growth	-18.48%	-6.97%	2.68%	15.20%	3.26%	-6.31%
Accounts Receivable	667.58	701.43	687.67	637.42	567.2	593.64
Other Receivables	1.18	8.54	6.82	3.02	0.29	6.64
Receivables	668.76	709.97	694.49	640.45	567.49	600.28
Inventory	248.06	231.59	227.5	182.29	228.71	169.9
Other Current Assets	648.91	92.51	66.72	44.48	45.59	51.19
Total Current Assets	2,258	2,305	2,355	2,198	1,997	1,940
Property, Plant & Equipment	1,879	1,785	1,211	1,053	922.2	816.58
Long-Term Investments	30.61	31.26	11.91	9.45	7.24	31.24
Other Intangible Assets	129.75	133.52	133.06	103.31	102.93	101.09
Long-Term Deferred Tax Assets	4.95	4.49	9.45	20.28	18.41	13.2
Long-Term Deferred Charges	6.47	6.51	6.71	6.91	7.11	7.3
Other Long-Term Assets	76.42	89.94	87.83	26.39	33.57	14.79
Total Assets	4,385	4,356	3,815	3,418	3,089	2,925
Accounts Payable	435.58	224.12	210.63	180.08	254.68	240.17
Accrued Expenses	14.56	59.85	67.85	63.69	27.92	31.28
Short-Term Debt	53.14	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	33.76	34.96	49.51	34.46	38.26	17.28
Current Unearned Revenue	20.71	17.62	16.77	4.69	3.35	1.67
Other Current Liabilities	38.47	221.64	59.83	73.85	85.94	89.25
Total Current Liabilities	596.21	625.14	480.32	438.17	430.47	450.67
Long-Term Debt	1.93	-	-	-	-	4
Long-Term Leases	-	-	-	-	-	0.18
Long-Term Unearned Revenue	0.15	0.15	0.16	0.26	0.41	0.56
Long-Term Deferred Tax Liabilities	-	-	-	-	0	0.53
Total Liabilities	598.29	625.3	480.48	438.42	430.88	455.94
Common Stock	415.88	415.88	415.88	417.4	417.46	417.59
Additional Paid-In Capital	787.59	785.4	799.94	806.78	811.45	800.83
Retained Earnings	2,621	2,542	2,170	1,771	1,463	1,291
Treasury Stock	-54.82	-54.82	-74.94	-32.2	-42.72	-31.06
Comprehensive Income & Other	16.51	41.98	23.93	15.56	8.81	-9.49
Total Common Equity	3,787	3,731	3,334	2,979	2,658	2,469
Minority Interest	-0.18	-0.23	0.15	0.42	0	0
Shareholders' Equity	3,786	3,731	3,335	2,979	2,658	2,469
Total Liabilities & Equity	4,385	4,356	3,815	3,418	3,089	2,925
Total Debt	55.06	66.96	75.74	81.39	20.32	75.19
Net Cash (Debt)	636.96	1,204	1,291	1,250	1,135	1,044
Net Cash Growth	-17.01%	-6.70%	3.30%	10.09%	8.75%	-4.77%
Net Cash Per Share	1.54	2.93	3.15	3.00	2.74	2.50
Filing Date Shares Outstanding	415.91	413.88	410.43	416.25	416.31	417.59
Total Common Shares Outstanding	415.91	413.88	410.43	416.25	416.31	417.59
Working Capital	1,662	1,680	1,875	1,760	1,567	1,490
Book Value Per Share	9.10	9.01	8.12	7.16	6.38	5.91
Tangible Book Value	3,657	3,597	3,201	2,876	2,555	2,367
Tangible Book Value Per Share	8.79	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.