Shanxi Tond Chemical 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	76.5	80.29	187.66	353.9	317.24	418.47
Trading Asset Securities	-	-	-	16.85	71.27	71.5
Cash & Short-Term Investments	76.5	80.29	187.66	370.75	388.52	489.96
Cash Growth	-48.44%	-57.22%	-49.38%	-4.57%	-20.71%	-28.05%
Accounts Receivable	146.25	156.26	149.19	138.79	196.75	175.85
Other Receivables	11.01	19.53	37.29	90.59	9.22	12.27
Receivables	157.26	175.79	186.49	229.39	205.97	188.12
Inventory	24.52	24.08	31.18	36.23	55.12	52.12
Prepaid Expenses	-	-	6.73	4.03	5.2	5.45
Other Current Assets	286.63	275.95	340.28	270.49	212.33	94.94
Total Current Assets	544.91	556.1	752.34	910.89	867.13	830.6
Property, Plant & Equipment	2,523	2,522	3,472	2,478	1,617	539.77
Long-Term Investments	47.17	48.39	117.3	141.25	142.37	137.44
Goodwill	15.99	15.99	15.99	15.99	15.99	15.99
Other Intangible Assets	182.25	183.69	195.91	195.68	141.42	132.53
Long-Term Accounts Receivable	-	-	6.6	15	-	-
Long-Term Deferred Tax Assets	23.26	23.76	18.99	17.64	17.26	11.27
Long-Term Deferred Charges	7.17	7.44	8.62	10.22	11.81	12.72
Other Long-Term Assets	67.1	67.65	114.25	117.34	188.06	450.76
Total Assets	3,411	3,425	4,702	3,902	3,002	2,131
Accounts Payable	560.97	534.69	531.95	256.1	223.62	61.05
Accrued Expenses	60.33	55.86	46.01	34.13	38.27	32.49
Short-Term Debt	582.22	587.04	790.65	446.36	475.33	160.2
Current Portion of Long-Term Debt	63.85	80.51	468.52	241.21	120.6	20
Current Portion of Leases	-	-	1.48	1.43	1.65	1.93
Current Income Taxes Payable	9.7	16.42	5.04	102.97	18.28	19.24
Current Unearned Revenue	15.05	11.51	20.92	27.18	29.84	21.45
Other Current Liabilities	400.89	408.17	133.49	58.91	20.79	11.41
Total Current Liabilities	1,693	1,694	1,998	1,168	928.38	327.76
Long-Term Debt	739.07	739.36	527.19	450.83	248	242.94
Long-Term Leases	1.52	1.58	125.56	39.34	3.08	5.19
Long-Term Unearned Revenue	79.89	80.86	36.05	40.22	44.52	47.29
Long-Term Deferred Tax Liabilities	0.35	0.35	0.36	0.38	1.95	1.28
Other Long-Term Liabilities	0.92	0.92	18.36	23.59	23.77	24.23
Total Liabilities	2,515	2,517	2,706	1,723	1,250	648.69
Common Stock	401.77	401.77	401.77	401.77	401.77	402.38
Additional Paid-In Capital	92.86	92.86	92.86	92.86	66.16	75.52
Retained Earnings	361.93	373.03	1,457	1,603	1,165	981.41
Treasury Stock	-	-	-	-	-	-100.12
Comprehensive Income & Other	62.56	60.64	52.34	44.32	33.1	38.23
Total Common Equity	919.12	928.3	2,004	2,142	1,666	1,397
Minority Interest	-23.2	-20.09	-6.93	36.66	85.38	84.98
Shareholders' Equity	895.92	908.21	1,997	2,179	1,752	1,482
Total Liabilities & Equity	3,411	3,425	4,702	3,902	3,002	2,131
Total Debt	1,387	1,408	1,913	1,179	848.66	430.26
Net Cash (Debt)	-1,310	-1,328	-1,726	-808.42	-460.14	59.7
Net Cash Growth	-	-	-	-	-	-87.61%
Net Cash Per Share	-3.26	-3.36	-4.32	-2.01	-1.15	0.15
Filing Date Shares Outstanding	369.96	88.39	401.77	401.77	401.77	384.67
Total Common Shares Outstanding	369.96	88.39	401.77	401.77	401.77	384.67
Working Capital	-1,148	-1,138	-1,246	-257.4	-61.25	502.84
Book Value Per Share	2.48	10.50	4.99	5.33	4.15	3.63
Tangible Book Value	720.87	728.62	1,792	1,931	1,509	1,249
Tangible Book Value Per Share	1.95	8.24	4.46	4.81	3.76	3.25
Buildings	-	-	440.94	429.98	427.39	428.75
Machinery	-	-	277.71	272.56	234.1	274.34
Construction In Progress	-	-	3,056	2,040	1,277	177.98

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