Sinosteel New Materials Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	1,307	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	1,307	1,288	1,350	1,372	1,446	561.45
Cash Growth	5.52%	-4.62%	-1.61%	-5.10%	157.57%	29.94%
Accounts Receivable	1,812	1,718	1,626	1,493	1,486	922.23
Other Receivables	7.18	7.34	20.8	14.29	11.2	4.26
Receivables	1,819	1,725	1,646	1,507	1,497	926.49
Inventory	451.35	401.95	433.66	395.27	448.51	227.5
Prepaid Expenses	-	1.78	1.54	0.54	-	1.36
Other Current Assets	16.57	21.48	18.88	32.05	40.41	30.29
Total Current Assets	3,594	3,438	3,451	3,307	3,432	1,747
Property, Plant & Equipment	1,202	1,250	1,261	1,061	945.26	686.64
Long-Term Investments	170.84	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	227.11	262.3	275.25	241.45	173.09	152.61
Long-Term Deferred Tax Assets	46.51	46.02	43.16	38.31	30.61	24.41
Long-Term Deferred Charges	4.07	5.47	6.38	9.96	12.3	10.66
Other Long-Term Assets	29.21	30.07	41.18	74.16	37.45	19.89
Total Assets	5,316	5,252	5,322	4,980	4,896	2,817
Accounts Payable	1,021	997.06	1,100	999.34	1,164	678.18
Accrued Expenses	52.11	42.64	37.94	40.74	37.49	38.67
Short-Term Debt	78.5	195.01	274.71	66.1	183.11	32.52
Current Portion of Long-Term Debt	9.3	106.1	15	25.19	-	77
Current Portion of Leases	-	7.77	8.07	8.84	8.46	-
Current Income Taxes Payable	27.94	16.64	36.12	21.77	24.64	18.37
Current Unearned Revenue	47.22	44.72	31.38	50.52	55.36	21.29
Other Current Liabilities	208.06	231.41	146.4	183.56	232.05	39.64
Total Current Liabilities	1,444	1,641	1,649	1,396	1,705	905.67
Long-Term Debt	121.12	21	107.15	139.21	64.11	217.31
Long-Term Leases	4.33	1.95	7.31	12.98	22.77	-
Long-Term Unearned Revenue	38.77	43.75	39.97	64.55	45.35	50.44
Pension & Post-Retirement Benefits	7.56	7.56	7.4	-	-	-
Long-Term Deferred Tax Liabilities	24.73	24.71	21.48	16.54	7.43	2.75
Other Long-Term Liabilities	-	0.1	-	7.3	7.67	7.69
Total Liabilities	1,641	1,740	1,833	1,637	1,853	1,184
Common Stock	753.88	758.48	759.05	759.05	746.19	575.29
Additional Paid-In Capital	1,213	1,225	1,227	1,211	1,186	380.7
Retained Earnings	1,260	1,132	1,132	1,040	755.66	636.34
Treasury Stock	-	-31.98	-48.89	-51.71	-	-
Comprehensive Income & Other	11.55	10.52	15.6	9.13	9.16	11.24
Total Common Equity	3,238	3,094	3,085	2,968	2,697	1,604
Minority Interest	437	417.13	403.99	375.23	346.97	29.33
Shareholders' Equity	3,675	3,511	3,489	3,343	3,044	1,633
Total Liabilities & Equity	5,316	5,252	5,322	4,980	4,896	2,817
Total Debt	213.25	331.82	412.24	252.31	278.45	326.83
Net Cash (Debt)	1,094	956.03	938.03	1,120	1,168	234.62
Net Cash Growth	25.85%	1.92%	-16.25%	-4.08%	397.69%	-14.31%
Net Cash Per Share	1.44	1.26	1.24	1.48	1.66	0.41
Filing Date Shares Outstanding	753.88	758.48	759.05	759.05	746.19	575.29
Total Common Shares Outstanding	753.88	758.48	759.05	759.05	746.19	575.29
Working Capital	2,149	1,797	1,801	1,911	1,726	841.41
Book Value Per Share	4.30	4.08	4.06	3.91	3.61	2.79
Tangible Book Value	2,968	2,789	2,763	2,680	2,477	1,446
Tangible Book Value Per Share	3.94	3.68	3.64	3.53	3.32	2.51
Buildings	-	651.18	589.6	399.72	395.14	322.91
Machinery	-	1,107	964.85	831.46	741.21	545.64
Construction In Progress	-	84.4	208.34	258.31	162.41	57.3

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