Shandong Dawn Polymer 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	Jan '21 Jan 1, 2021
Cash & Equivalents	333.85	502.37	481.49	371.97	358.06	412.3
Short-Term Investments	-	-	-	-	-	151.71
Trading Asset Securities	-	-	50.38	451.73	1.61	181.64
Cash & Short-Term Investments	333.85	502.37	531.87	823.7	359.67	745.66
Cash Growth	-28.00%	-5.55%	-35.43%	129.01%	-51.76%	180.68%
Accounts Receivable	2,882	2,500	1,765	1,713	1,021	884.03
Other Receivables	33.65	-	-	-	-	0.23
Receivables	2,916	2,500	1,765	1,714	1,022	884.84
Inventory	846.53	786.27	565.89	534.98	443.55	393.66
Other Current Assets	335.05	251.03	174.47	299.84	161.98	105.29
Total Current Assets	4,431	4,040	3,037	3,372	1,987	2,129
Property, Plant & Equipment	1,763	1,709	1,519	1,156	798.99	574.08
Long-Term Investments	179.32	140.75	134.27	127.7	120.05	101.05
Goodwill	40.24	40.24	40.24	26.93	26.93	26.93
Other Intangible Assets	324.87	324.39	306.36	189.6	122.11	112.89
Long-Term Deferred Tax Assets	31.21	27.16	26.92	23.01	20.73	17.19
Long-Term Deferred Charges	17.83	15.21	10.76	11.68	5.89	2.2
Other Long-Term Assets	168.97	41.36	20.91	39.74	69.44	9.62
Total Assets	6,957	6,338	5,096	4,946	3,151	2,973
Accounts Payable	547.65	295.52	262.56	266.64	200.86	196.66
Accrued Expenses	30.25	67.63	52.3	49.21	52.8	66.76
Short-Term Debt	1,014	888.06	473.63	292.53	163.17	49.54
Current Portion of Leases	-	5.46	7.27	3.06	1.07	0.92
Current Income Taxes Payable	28.09	4.28	6.5	1.3	6.99	3.08
Current Unearned Revenue	40.82	51.7	35.86	70.16	43.89	138.25
Other Current Liabilities	991.59	1,109	530.8	721.97	101.66	149.68
Total Current Liabilities	2,653	2,422	1,369	1,405	570.44	604.88
Long-Term Debt	405.94	501.04	351.26	333	285.46	267.44
Long-Term Leases	16.61	19.63	25.11	5.09	3.63	1.13
Long-Term Unearned Revenue	76.88	82.36	80.1	81.1	88.91	81.3
Long-Term Deferred Tax Liabilities	15.8	14.94	18.72	14.77	13.99	17.48
Total Liabilities	3,168	3,040	1,844	1,839	962.44	972.24
Common Stock	478.4	448.05	448.03	447.6	409.25	407.98
Additional Paid-In Capital	1,247	847.94	847.26	843.02	108.6	96.74
Retained Earnings	1,917	1,832	1,720	1,611	1,481	1,337
Treasury Stock	-49.33	-99.01	-29.98	-0.09	-5.47	-13.92
Comprehensive Income & Other	2.41	90.25	94.51	97.59	95.8	95.82
Total Common Equity	3,595	3,120	3,080	2,999	2,090	1,923
Minority Interest	193.43	178.44	172.12	108.12	99.1	77.67
Shareholders' Equity	3,789	3,298	3,252	3,108	2,189	2,001
Total Liabilities & Equity	6,957	6,338	5,096	4,946	3,151	2,973
Total Debt	1,437	1,414	857.26	633.68	453.34	319.03
Net Cash (Debt)	-1,103	-911.82	-325.4	190.02	-93.67	426.63
Net Cash Per Share	-2.42	-2.07	-0.72	0.45	-0.23	1.03
Filing Date Shares Outstanding	473.66	438.51	445.7	447.6	409.25	407.98
Total Common Shares Outstanding	473.66	438.51	445.7	447.6	409.25	407.98
Working Capital	1,779	1,618	1,669	1,967	1,417	1,525
Book Value Per Share	7.59	7.11	6.91	6.70	5.11	4.71
Tangible Book Value	3,230	2,755	2,733	2,783	1,941	1,784
Tangible Book Value Per Share	6.82	6.28	6.13	6.22	4.74	4.37
Land	-	2.38	2.9	3.4	-	-
Buildings	-	773.05	515.87	230.47	228.23	221.11
Machinery	-	1,238	873.29	730.28	671.41	580.11
Construction In Progress	-	274.88	619.68	614.65	260.71	78.43

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.