Sinosteel Luonai Materials Technology Co., Ltd. (SHA:688119)

SHA:688119 Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1,522	1,619	870.3	2,079	2,400	1,160
Trading Asset Securities	0.33	0.49	751.64	0.47	350.79	60.7
Cash & Short-Term Investments	1,523	1,619	1,622	2,080	2,751	1,221
Cash Growth	-0.88%	-0.15%	-22.02%	-24.40%	125.35%	1.63%
Accounts Receivable	1,275	1,317	1,400	1,421	1,324	1,137
Other Receivables	30.99	1.05	0.47	4.76	31.14	29.4
Receivables	1,306	1,318	1,400	1,426	1,355	1,166
Inventory	520.76	519.43	624.57	627.29	667.28	514.08
Other Current Assets	31.92	54.9	67.12	58.25	58.31	106.48
Total Current Assets	3,381	3,512	3,714	4,192	4,832	3,008
Property, Plant & Equipment	1,001	1,035	1,010	980.92	872.62	787.17
Long-Term Investments	43.78	42.67	39.68	35.67	36.94	28.07
Other Intangible Assets	269.68	284.46	285.82	295.72	300.26	300.85
Long-Term Deferred Tax Assets	85.6	78.04	67.39	54.61	50.51	23.14
Long-Term Deferred Charges	-	-	-	-	0.24	2.78
Other Long-Term Assets	96.21	64.98	93.11	110.17	108.92	113.13
Total Assets	4,877	5,017	5,210	5,669	6,201	4,263

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	989.3	1,035	987.93	979.81	1,055	755.5
Accrued Expenses	56.96	55.35	59.12	72.31	61.49	46.36
Current Portion of Long-Term Debt	500	500.24	500.53	254.03	253.24	-
Current Portion of Leases	-	-	0.25	0.23	0.2	1.64
Current Income Taxes Payable	7.49	-	3.63	2.07	1.03	0.52
Current Unearned Revenue	158.31	168.55	194.66	240.49	326.77	320.59
Other Current Liabilities	198.45	224.72	225.27	281.11	356.81	557.83
Total Current Liabilities	1,911	1,984	1,971	1,830	2,054	1,682
Long-Term Debt	-	-	-	500	753.24	506.48
Long-Term Leases	-	-	-	0.25	0.32	1.97
Long-Term Unearned Revenue	32.17	32.64	38.45	40.13	44.89	39.08
Long-Term Deferred Tax Liabilities	13.95	14.04	14.62	15.46	16.41	11.35
Other Long-Term Liabilities	128.6	110.53	168.5	151.33	143.03	155.96
Total Liabilities	2,085	2,141	2,193	2,537	3,012	2,397

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	1,125	1,125	1,125	1,125	1,125	900
Additional Paid-In Capital	1,638	1,638	1,638	1,638	1,638	809.34
Retained Earnings	-57.64	28	177.69	272.79	337.75	105.2
Comprehensive Income & Other	22.89	22.86	16.22	37.29	31.37	11.03
Total Common Equity	2,729	2,814	2,957	3,074	3,133	1,826
Minority Interest	63.56	61.37	59.39	57.88	56.33	39.8
Shareholders' Equity	2,792	2,876	3,017	3,131	3,189	1,865
Total Liabilities & Equity	4,877	5,017	5,210	5,669	6,201	4,263

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	500	500.24	500.78	754.51	1,007	510.1
Net Cash (Debt)	1,023	1,119	1,121	1,325	1,744	710.73
Net Cash Growth	-1.26%	-0.17%	-15.41%	-24.01%	145.40%	2.30%
Net Cash Per Share	0.91	1.00	1.00	1.18	1.72	0.79
Filing Date Shares Outstanding	1,111	1,125	1,125	1,125	1,125	900
Total Common Shares Outstanding	1,111	1,125	1,125	1,125	1,125	900
Working Capital	1,470	1,528	1,743	2,361	2,777	1,325
Book Value Per Share	2.46	2.50	2.63	2.73	2.78	2.03
Tangible Book Value	2,459	2,530	2,672	2,778	2,832	1,525
Tangible Book Value Per Share	2.21	2.25	2.37	2.47	2.52	1.69
Buildings	-	702.61	658.85	635.68	523.19	486.37
Machinery	-	922.04	978.45	955.99	787.7	741.47
Construction In Progress	-	95.18	63.38	7.98	116.76	64.18

Data Source: S&P Global Market Intelligence Last updated: Aug 26, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 9, 2026

Data Sources Report a data error