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 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	1,554	1,535	1,288	1,350	1,161	1,051
Short-Term Investments	-	-	-	-	161.02	395.1
Trading Asset Securities	-	-	-	-	50.19	-
Cash & Short-Term Investments	1,554	1,535	1,288	1,350	1,372	1,446
Cash Growth	15.86%	19.22%	-4.62%	-1.61%	-5.10%	157.57%
Accounts Receivable	1,654	1,702	1,718	1,626	1,493	1,486
Other Receivables	6.31	6.39	7.34	20.8	14.29	11.2
Receivables	1,661	1,708	1,725	1,646	1,507	1,497
Inventory	489.49	457.75	401.95	433.66	395.27	448.51
Prepaid Expenses	-	-	1.78	1.54	0.54	-
Other Current Assets	39.05	15.65	21.48	18.88	32.05	40.41
Total Current Assets	3,743	3,717	3,438	3,451	3,307	3,432
Property, Plant & Equipment	1,201	1,212	1,250	1,261	1,061	945.26
Long-Term Investments	166.35	168.8	176.78	197.19	201.54	219.6
Goodwill	2.25	2.25	42.43	46.24	46.24	46.24
Other Intangible Assets	224.94	226.53	262.3	275.25	241.45	173.09
Long-Term Deferred Tax Assets	46.28	45.14	46.02	43.16	38.31	30.61
Long-Term Deferred Charges	5.26	3.49	5.47	6.38	9.96	12.3
Other Long-Term Assets	24.16	25.91	30.07	41.18	74.16	37.45
Total Assets	5,414	5,401	5,252	5,322	4,980	4,896
Accounts Payable	1,123	1,141	997.06	1,100	999.34	1,164
Accrued Expenses	52.93	32.57	42.64	37.94	40.74	37.49
Short-Term Debt	50	67.68	195.01	274.71	66.1	183.11
Current Portion of Long-Term Debt	117.08	117.86	106.1	15	25.19	-
Current Portion of Leases	-	-	7.77	8.07	8.84	8.46
Current Income Taxes Payable	36.35	30.23	16.64	36.12	21.77	24.64
Current Unearned Revenue	97.98	108.4	44.72	31.38	50.52	55.36
Other Current Liabilities	140.03	187.53	231.41	146.4	183.56	232.05
Total Current Liabilities	1,618	1,686	1,641	1,649	1,396	1,705
Long-Term Debt	9	9	21	107.15	139.21	64.11
Long-Term Leases	2.4	2.98	1.95	7.31	12.98	22.77
Long-Term Unearned Revenue	42.94	44.32	43.75	39.97	64.55	45.35
Pension & Post-Retirement Benefits	-	-	7.56	7.4	-	-
Long-Term Deferred Tax Liabilities	27.82	27.69	24.71	21.48	16.54	7.43
Other Long-Term Liabilities	7.05	7.05	0.1	-	7.3	7.67
Total Liabilities	1,707	1,777	1,740	1,833	1,637	1,853
Common Stock	753.88	753.88	758.48	759.05	759.05	746.19
Additional Paid-In Capital	1,210	1,210	1,225	1,227	1,211	1,186
Retained Earnings	1,284	1,215	1,132	1,132	1,040	755.66
Treasury Stock	-	-	-31.98	-48.89	-51.71	-
Comprehensive Income & Other	15.99	15.35	10.52	15.6	9.13	9.16
Total Common Equity	3,263	3,194	3,094	3,085	2,968	2,697
Minority Interest	443.14	430.84	417.13	403.99	375.23	346.97
Shareholders' Equity	3,706	3,624	3,511	3,489	3,343	3,044
Total Liabilities & Equity	5,414	5,401	5,252	5,322	4,980	4,896
Total Debt	178.48	197.52	331.82	412.24	252.31	278.45
Net Cash (Debt)	1,375	1,338	956.03	938.03	1,120	1,168
Net Cash Growth	36.32%	39.93%	1.92%	-16.25%	-4.08%	397.69%
Net Cash Per Share	1.82	1.77	1.26	1.24	1.48	1.66
Filing Date Shares Outstanding	753.78	753.65	758.48	759.05	759.05	746.19
Total Common Shares Outstanding	753.78	753.65	758.48	759.05	759.05	746.19
Working Capital	2,125	2,031	1,797	1,801	1,911	1,726
Book Value Per Share	4.33	4.24	4.08	4.06	3.91	3.61
Tangible Book Value	3,036	2,965	2,789	2,763	2,680	2,477
Tangible Book Value Per Share	4.03	3.93	3.68	3.64	3.53	3.32
Buildings	-	-	651.18	589.6	399.72	395.14
Machinery	-	-	1,107	964.85	831.46	741.21
Construction In Progress	-	-	84.4	208.34	258.31	162.41

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