Crown Advanced Material 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	1,030	1,421	1,634	1,752	1,839	393.55
Trading Asset Securities	360.39	80.02	150.07	-	-	-
Cash & Short-Term Investments	1,390	1,501	1,784	1,752	1,839	393.55
Cash Growth	-15.23%	-15.86%	1.83%	-4.74%	367.30%	-39.45%
Accounts Receivable	400.94	390.57	159.42	635.68	891.67	840.84
Other Receivables	5.56	3.21	3.26	3.84	2.05	26.7
Receivables	406.5	393.78	162.68	639.53	893.72	867.55
Inventory	155.8	97.37	94.38	157.26	259.55	242.73
Other Current Assets	74.81	67.92	53.89	55.81	54.83	33.22
Total Current Assets	2,027	2,060	2,095	2,605	3,047	1,537
Property, Plant & Equipment	488.71	484.91	585.44	601.31	449.93	285.1
Long-Term Investments	46.88	26.88	26.88	21	67.22	11.77
Goodwill	-	-	-	-	1.69	13.98
Other Intangible Assets	162.17	164.4	117.73	121.68	120.79	71.98
Long-Term Deferred Tax Assets	24.24	24.86	20.07	22.23	21.83	10.71
Long-Term Deferred Charges	13.74	15.17	22.05	19.15	14.12	9.28
Other Long-Term Assets	11.64	15.52	63.76	16.7	26.55	44.72
Total Assets	2,774	2,792	2,931	3,407	3,749	1,985
Accounts Payable	150.72	149.69	133.16	437.77	493.79	483.58
Accrued Expenses	6.16	19.46	18.34	18.35	13.86	9.87
Short-Term Debt	-	15.59	7.74	40.67	-	1
Current Portion of Long-Term Debt	-	-	-	-	50.08	-
Current Portion of Leases	1.78	1.77	6.07	6.31	2.03	-
Current Income Taxes Payable	3.32	0.05	1.08	2.09	-	-
Current Unearned Revenue	24.38	2.79	1.82	4.2	6.98	1.31
Other Current Liabilities	10.92	4.4	5.1	8.74	14.41	43.95
Total Current Liabilities	197.29	193.76	173.31	518.12	581.15	539.71
Long-Term Leases	0.98	1.19	-	6.23	3.7	-
Long-Term Unearned Revenue	8.96	9.55	11.91	12.9	12.47	18.07
Long-Term Deferred Tax Liabilities	1.47	1.49	3.46	2.01	1.98	-
Other Long-Term Liabilities	-	-	-	0.41	-	-
Total Liabilities	208.7	205.99	188.68	539.67	599.3	557.78
Common Stock	201.3	201.3	201.3	201.3	201.3	164.09
Additional Paid-In Capital	2,328	2,328	2,328	2,328	2,322	703.3
Retained Earnings	328.74	344.83	486.41	553.48	612.46	548.54
Treasury Stock	-272.63	-272.63	-272.63	-214.12	-	-
Comprehensive Income & Other	-19.78	-15.69	-0.95	-1.86	0.83	-0.19
Total Common Equity	2,566	2,586	2,742	2,867	3,137	1,416
Minority Interest	-	-	-	-	13.14	11.07
Shareholders' Equity	2,566	2,586	2,742	2,867	3,150	1,427
Total Liabilities & Equity	2,774	2,792	2,931	3,407	3,749	1,985
Total Debt	2.76	18.55	13.82	53.21	55.81	1
Net Cash (Debt)	1,387	1,483	1,770	1,699	1,783	392.55
Net Cash Growth	-14.95%	-16.25%	4.21%	-4.74%	354.27%	-36.66%
Net Cash Per Share	7.49	7.85	9.24	8.54	10.71	2.40
Filing Date Shares Outstanding	188.67	188.67	188.67	193.56	201.3	164.09
Total Common Shares Outstanding	188.67	188.67	188.67	193.56	201.3	164.09
Working Capital	1,830	1,866	1,922	2,086	2,466	997.33
Book Value Per Share	13.60	13.71	14.53	14.81	15.58	8.63
Tangible Book Value	2,404	2,422	2,625	2,745	3,014	1,330
Tangible Book Value Per Share	12.74	12.83	13.91	14.18	14.97	8.10
Buildings	-	346.71	310.46	248.71	205.42	87.88
Machinery	-	389.92	404.34	349.32	295.63	223.95
Construction In Progress	-	19.69	80.96	155.33	66.39	69.75