Satellite Chemical 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	7,460	8,507	6,399	5,554	9,641
Short-Term Investments	70.31	10	30	-	-
Trading Asset Securities	200	150	43	27.56	55.36
Cash & Short-Term Investments	7,731	8,667	6,472	5,581	9,697
Cash Growth	-10.80%	33.92%	15.96%	-42.44%	33.17%
Accounts Receivable	1,227	1,819	1,445	1,412	2,393
Other Receivables	33.25	28.03	63.22	139.77	46.84
Receivables	1,261	1,847	1,508	1,551	2,440
Inventory	5,199	4,398	4,233	3,877	3,294
Other Current Assets	494.95	587.15	519.39	788	1,185
Total Current Assets	14,686	15,499	12,733	11,797	16,615
Property, Plant & Equipment	45,871	45,592	45,353	42,157	27,098
Long-Term Investments	3,043	2,525	2,551	2,276	2,116
Goodwill	44.4	44.4	44.4	44.4	44.4
Other Intangible Assets	2,337	2,331	1,801	1,477	998.17
Long-Term Deferred Tax Assets	224.09	212.54	179.91	187.02	107.43
Long-Term Deferred Charges	3,324	2,009	1,880	1,823	1,442
Other Long-Term Assets	35.01	91.98	39.12	2.83	271.57
Total Assets	69,565	68,305	64,582	59,764	48,692
Accounts Payable	7,090	5,621	5,670	6,418	3,968
Accrued Expenses	345.39	521.77	374.39	276.43	456.29
Short-Term Debt	300.19	1,411	1,226	1,077	1,429
Current Portion of Long-Term Debt	1,824	2,437	1,088	173.94	500.59
Current Portion of Leases	3,602	1,588	1,462	1,100	441.14
Current Income Taxes Payable	387.98	500.55	264.4	116.97	509.12
Current Unearned Revenue	740.94	998.43	844.47	539.56	475.52
Other Current Liabilities	1,692	2,294	984.85	1,268	1,060
Total Current Liabilities	15,983	15,372	11,915	10,969	8,839
Long-Term Debt	3,700	7,246	10,839	11,982	14,050
Long-Term Leases	15,772	14,922	15,979	14,306	6,088
Long-Term Unearned Revenue	280.56	186.45	166.02	189.56	214.15
Long-Term Deferred Tax Liabilities	255.47	273.93	148.25	67.32	33.64
Other Long-Term Liabilities	-	-	42.15	56.52	85.7
Total Liabilities	35,991	38,000	39,089	37,570	29,311
Common Stock	3,369	3,369	3,369	3,369	1,720
Additional Paid-In Capital	4,488	4,488	4,465	5,982	6,598
Retained Earnings	25,950	22,318	17,593	12,804	11,240
Treasury Stock	-217.86	-	-9.23	-23.6	-112.18
Comprehensive Income & Other	-35.49	111.04	47.49	28	-83.86
Total Common Equity	33,554	30,286	25,465	22,160	19,363
Minority Interest	19.78	18.78	28.42	33.97	18.85
Shareholders' Equity	33,574	30,305	25,493	22,194	19,381
Total Liabilities & Equity	69,565	68,305	64,582	59,764	48,692
Total Debt	25,198	27,604	30,594	28,638	22,509
Net Cash (Debt)	-17,468	-18,937	-24,122	-23,057	-12,812
Net Cash Per Share	-5.20	-5.61	-7.15	-6.85	-3.80
Filing Date Shares Outstanding	3,357	3,369	3,401	3,419	3,363
Total Common Shares Outstanding	3,357	3,369	3,401	3,419	3,363
Working Capital	-1,297	126.15	818.28	828.17	7,776
Book Value Per Share	10.00	8.99	7.49	6.48	5.76
Tangible Book Value	31,173	27,910	23,620	20,639	18,320
Tangible Book Value Per Share	9.29	8.29	6.94	6.04	5.45
Buildings	7,798	7,259	6,850	5,279	3,160
Machinery	30,609	30,008	26,143	19,300	13,686
Construction In Progress	3,985	2,824	3,186	7,971	7,892

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.