Malion New Materials 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	78.93	331.5	390.64	444.34	325.04
Short-Term Investments	-	-	-	120	120
Cash & Short-Term Investments	78.93	331.5	390.64	564.34	445.04
Cash Growth	-76.19%	-15.14%	-30.78%	26.81%	88.23%
Accounts Receivable	323.7	357.18	308.17	317.69	349.19
Other Receivables	19.35	11.1	20.83	24.38	36.33
Receivables	343.05	368.28	329	342.06	385.52
Inventory	344.74	318.98	284.14	277.37	247.48
Other Current Assets	104.04	81.49	49.74	105.52	55.99
Total Current Assets	870.75	1,100	1,054	1,289	1,134
Property, Plant & Equipment	1,841	1,691	1,655	1,252	986.45
Long-Term Investments	304.59	298.57	251.23	135.13	96.6
Goodwill	70.11	85.75	85.75	50.68	50.68
Other Intangible Assets	342.66	357.63	215.85	168.99	176.29
Long-Term Deferred Tax Assets	74.47	44.89	48.61	34.46	14.28
Long-Term Deferred Charges	12.19	18.89	15.56	8.09	9.72
Other Long-Term Assets	237.33	37.75	105.79	72.37	61.33
Total Assets	3,753	3,635	3,431	3,011	2,529
Accounts Payable	356.47	282.25	298.35	294.6	284.18
Accrued Expenses	22.27	30.88	25.01	34.22	30.72
Short-Term Debt	407.94	284.89	329.53	162.3	160.06
Current Portion of Long-Term Debt	106.69	99.73	63.54	53.41	45.3
Current Portion of Leases	3.71	1.7	1.94	3.7	3.25
Current Income Taxes Payable	0.11	0.33	1.83	-	9.48
Current Unearned Revenue	12.56	45.12	16.2	44.73	37.86
Other Current Liabilities	33.24	12.83	10.76	23.24	6.3
Total Current Liabilities	943	757.72	747.16	616.2	577.13
Long-Term Debt	388.51	367.78	229.98	375.57	321.69
Long-Term Leases	7.76	0.94	3.21	9.11	11.26
Long-Term Unearned Revenue	174.28	177.46	59.43	52.55	31.97
Long-Term Deferred Tax Liabilities	18.08	18.67	26.88	30.34	27.98
Total Liabilities	1,532	1,323	1,067	1,084	970.03
Common Stock	711.22	711.22	711.22	524.55	524.47
Additional Paid-In Capital	443.23	442.99	449.55	404.23	390.73
Retained Earnings	686.86	757.28	757.03	642.07	324.97
Comprehensive Income & Other	1.09	0.69	4.72	36.56	36.19
Total Common Equity	1,842	1,912	1,923	1,607	1,276
Minority Interest	378.83	400.47	441.74	319.45	282.99
Shareholders' Equity	2,221	2,313	2,364	1,927	1,559
Total Liabilities & Equity	3,753	3,635	3,431	3,011	2,529
Total Debt	914.61	755.04	628.2	604.09	541.55
Net Cash (Debt)	-835.68	-423.55	-237.56	-39.75	-96.51
Net Cash Per Share	-1.17	-0.60	-0.34	-0.06	-0.15
Filing Date Shares Outstanding	711.22	711.22	711.22	681.91	681.82
Total Common Shares Outstanding	711.22	711.22	711.22	681.91	681.82
Working Capital	-72.25	342.54	306.36	673.1	556.9
Book Value Per Share	2.59	2.69	2.70	2.36	1.87
Tangible Book Value	1,430	1,469	1,621	1,388	1,049
Tangible Book Value Per Share	2.01	2.07	2.28	2.04	1.54
Buildings	671.53	628.43	621.27	499.55	437.05
Machinery	1,766	1,688	1,662	1,529	745.52
Construction In Progress	685.94	532.65	404.27	87.1	305.58

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