Sinosteel New Materials Co., Ltd. (SHE:002057)

Sinosteel New Materials Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	1,341	1,288	1,350	1,161	1,051	561.45
Short-Term Investments	-	-	-	161.02	395.1	-
Trading Asset Securities	-	-	-	50.19	-	-
Cash & Short-Term Investments	1,341	1,288	1,350	1,372	1,446	561.45
Cash Growth	6.31%	-4.62%	-1.61%	-5.10%	157.57%	29.94%
Accounts Receivable	1,692	1,718	1,626	1,493	1,486	922.23
Other Receivables	5.08	4.98	20.8	14.29	11.2	4.26
Receivables	1,697	1,723	1,646	1,507	1,497	926.49
Inventory	431.57	401.95	433.66	395.27	448.51	227.5
Prepaid Expenses	-	-	1.54	0.54	-	1.36
Other Current Assets	29.19	25.62	18.88	32.05	40.41	30.29
Total Current Assets	3,499	3,438	3,451	3,307	3,432	1,747
Property, Plant & Equipment	1,231	1,250	1,261	1,061	945.26	686.64
Long-Term Investments	171.78	176.78	197.19	201.54	219.6	170.88
Goodwill	42.43	42.43	46.24	46.24	46.24	4.59
Other Intangible Assets	260.9	262.3	275.25	241.45	173.09	152.61
Long-Term Deferred Tax Assets	46.46	46.02	43.16	38.31	30.61	24.41
Long-Term Deferred Charges	6.48	5.47	6.38	9.96	12.3	10.66
Other Long-Term Assets	28.01	30.07	41.18	74.16	37.45	19.89
Total Assets	5,286	5,252	5,322	4,980	4,896	2,817
Accounts Payable	971.8	997.06	1,100	999.34	1,164	678.18
Accrued Expenses	31.99	31	37.71	40.74	37.49	38.67
Short-Term Debt	196.44	195.01	274.71	66.1	183.11	32.52
Current Portion of Long-Term Debt	12.33	113.87	15	25.19	-	77
Current Portion of Leases	-	-	8.07	8.84	8.46	-
Current Income Taxes Payable	31.63	32.85	36.12	21.77	24.64	18.37
Current Unearned Revenue	43.06	44.72	31.38	50.52	55.36	21.29
Other Current Liabilities	209.7	226.84	146.63	183.56	232.05	39.64
Total Current Liabilities	1,497	1,641	1,649	1,396	1,705	905.67
Long-Term Debt	121.1	21	107.15	139.21	64.11	217.31
Long-Term Leases	2.38	1.95	7.31	12.98	22.77	-
Long-Term Unearned Revenue	42.13	43.75	39.97	64.55	45.35	50.44
Long-Term Deferred Tax Liabilities	24.67	24.71	21.48	16.54	7.43	2.75
Other Long-Term Liabilities	7.56	7.66	-	7.3	7.67	7.69
Total Liabilities	1,695	1,740	1,833	1,637	1,853	1,184
Common Stock	758.48	758.48	759.05	759.05	746.19	575.29
Additional Paid-In Capital	1,227	1,225	1,227	1,211	1,186	380.7
Retained Earnings	1,198	1,132	1,132	1,040	755.66	636.34
Treasury Stock	-31.98	-31.98	-48.89	-51.71	-	-
Comprehensive Income & Other	10.89	10.52	15.6	9.13	9.16	11.24
Total Common Equity	3,162	3,094	3,085	2,968	2,697	1,604
Minority Interest	429.42	417.13	403.99	375.23	346.97	29.33
Shareholders' Equity	3,591	3,511	3,489	3,343	3,044	1,633
Total Liabilities & Equity	5,286	5,252	5,322	4,980	4,896	2,817
Total Debt	332.25	331.82	412.24	252.31	278.45	326.83
Net Cash (Debt)	1,009	956.03	938.03	1,120	1,168	234.62
Net Cash Growth	16.54%	1.92%	-16.25%	-4.08%	397.69%	-14.31%
Net Cash Per Share	1.33	1.26	1.24	1.48	1.66	0.41
Filing Date Shares Outstanding	758.22	757.77	759.05	759.05	746.19	575.29
Total Common Shares Outstanding	758.22	757.77	759.05	759.05	746.19	575.29
Working Capital	2,002	1,797	1,801	1,911	1,726	841.41
Book Value Per Share	4.17	4.08	4.06	3.91	3.61	2.79
Tangible Book Value	2,858	2,789	2,763	2,680	2,477	1,446
Tangible Book Value Per Share	3.77	3.68	3.64	3.53	3.32	2.51
Buildings	-	-	589.6	399.72	395.14	322.91
Machinery	-	-	964.85	831.46	741.21	545.64
Construction In Progress	-	-	208.34	258.31	162.41	57.3

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