Shanghai Chemspec 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	-	1,180	1,302	389.06	410.9
Trading Asset Securities	-	-	-	-	0.79
Cash & Short-Term Investments	1,201	1,180	1,302	389.06	411.69
Cash Growth	1.82%	-9.40%	234.67%	-5.50%	108.48%
Accounts Receivable	-	170.06	178.07	212.28	259.77
Other Receivables	-	30.16	34.69	29.64	19.19
Receivables	-	200.23	212.76	241.92	278.96
Inventory	-	433.3	432.29	527.05	330.58
Other Current Assets	-	8.37	14	72.74	68.28
Total Current Assets	-	1,822	1,961	1,231	1,090
Property, Plant & Equipment	-	1,007	1,022	1,008	1,068
Long-Term Investments	-	276.14	195.35	190.12	143.52
Other Intangible Assets	-	70.27	71.33	52.07	54.41
Long-Term Deferred Tax Assets	-	60.55	32.01	30.45	30.15
Other Long-Term Assets	-	20.08	13.71	26.66	3.78
Total Assets	-	3,255	3,296	2,538	2,389
Accounts Payable	-	102.35	93.79	199.99	152.59
Accrued Expenses	-	25.84	19.8	30.08	40.1
Short-Term Debt	-	88.45	35	120.39	108.94
Current Portion of Long-Term Debt	-	0.69	61.2	30	44.24
Current Portion of Leases	-	1.67	12.27	6.58	7.2
Current Income Taxes Payable	-	0.93	3.91	3.7	4.9
Current Unearned Revenue	-	19.16	8.44	8.54	8.53
Other Current Liabilities	-	148.15	185.52	234.83	299.49
Total Current Liabilities	-	387.24	419.92	634.11	665.99
Long-Term Debt	-	80.1	87.1	50	80
Long-Term Leases	-	3.24	4.99	7.46	12.6
Long-Term Unearned Revenue	-	0.13	0.27	0.4	0.53
Total Liabilities	-	470.72	512.28	691.96	759.12
Common Stock	-	519.38	519.38	415.5	415.5
Additional Paid-In Capital	-	1,541	1,455	737.44	706.43
Retained Earnings	-	708.46	792.27	679.57	499.01
Comprehensive Income & Other	-	2.9	3.26	0.88	-1.31
Total Common Equity	2,790	2,772	2,770	1,833	1,620
Minority Interest	-	12.26	13.37	12.74	10.62
Shareholders' Equity	2,790	2,784	2,784	1,846	1,630
Total Liabilities & Equity	-	3,255	3,296	2,538	2,389
Total Debt	168.8	174.15	200.56	214.42	252.99
Net Cash (Debt)	1,032	1,005	1,101	174.64	158.7
Net Cash Growth	2.66%	-8.72%	530.74%	10.04%	-
Net Cash Per Share	2.05	2.03	2.44	0.42	0.41
Filing Date Shares Outstanding	519.38	519.38	519.38	415.5	415.5
Total Common Shares Outstanding	519.38	519.38	519.38	415.5	415.5
Working Capital	-	1,434	1,541	596.66	423.53
Book Value Per Share	5.37	5.34	5.33	4.41	3.90
Tangible Book Value	2,723	2,702	2,699	1,781	1,565
Tangible Book Value Per Share	5.24	5.20	5.20	4.29	3.77
Buildings	-	427.33	452.39	449.28	459.15
Machinery	-	1,198	1,137	998.36	858.37
Construction In Progress	-	201.3	136.03	221.21	310.42

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