BSM Chemical 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	Dec '20 Dec 31, 2020
Cash & Equivalents	703.79	643.13	661.51	617.59	333.34	415.57
Trading Asset Securities	0.05	-	-	-	1.48	-
Cash & Short-Term Investments	703.84	643.13	661.51	617.59	334.83	415.57
Cash Growth	-12.00%	-2.78%	7.11%	84.45%	-19.43%	-14.36%
Accounts Receivable	171.08	222.54	195.69	229.41	162.85	174.86
Other Receivables	7.84	11.33	4.65	2.99	4.71	3.11
Receivables	178.92	233.87	200.34	232.41	167.56	177.97
Inventory	250.5	176.12	169.58	89.09	62.58	64.14
Other Current Assets	86.44	99.96	72.22	40.53	72.21	73.48
Total Current Assets	1,220	1,153	1,104	979.61	637.17	731.15
Property, Plant & Equipment	1,121	1,090	931.94	690.69	467.46	432.02
Long-Term Investments	77.01	78.27	83.04	171.04	73.49	45
Goodwill	275.67	275.67	275.67	-	-	-
Other Intangible Assets	450.01	467.72	443.5	173.66	176.73	36.62
Long-Term Deferred Tax Assets	66.27	51.53	24.04	9.82	1.93	3.54
Long-Term Deferred Charges	7.33	12.5	9.48	-	-	-
Other Long-Term Assets	34.03	33.74	52.35	75.92	41.42	57.9
Total Assets	3,251	3,163	2,924	2,101	1,398	1,306
Accounts Payable	426.7	421.67	430.46	114.59	85.92	100.01
Accrued Expenses	25.23	33.99	30.49	21.96	15.82	17.91
Short-Term Debt	322.4	202.58	139.52	136.43	105.46	100.46
Current Portion of Long-Term Debt	-	79.75	80.57	29.74	49.55	10.01
Current Portion of Leases	-	0.85	0.55	0.45	-	-
Current Income Taxes Payable	5.82	3.07	3.31	10.38	0.12	5.69
Current Unearned Revenue	20.4	24.2	26.36	16.43	23.43	30.89
Other Current Liabilities	125.09	45.83	92.63	1.92	2.45	3.26
Total Current Liabilities	925.64	811.94	803.9	331.91	282.76	268.23
Long-Term Debt	488.24	519.02	304.58	105.39	26.03	-
Long-Term Leases	1.24	1.04	2.12	3.06	-	-
Long-Term Unearned Revenue	30.72	33.13	28.87	28.89	0.11	0.13
Long-Term Deferred Tax Liabilities	32.33	34.58	37.61	-	0.22	-
Other Long-Term Liabilities	-	-	43.5	-	-	-
Total Liabilities	1,478	1,400	1,221	469.24	309.12	268.36
Common Stock	361.14	361.14	361.14	200.63	121.15	121.15
Additional Paid-In Capital	940.09	940.09	823.6	984.1	671.24	679.81
Retained Earnings	469.01	437.85	485.15	420.82	276.53	226.19
Treasury Stock	-53.23	-34.75	-	-	-	-
Comprehensive Income & Other	3.03	3.67	4.28	1.48	-	-
Total Common Equity	1,720	1,708	1,674	1,607	1,069	1,027
Minority Interest	52.42	55.04	28.91	24.46	20.17	10.72
Shareholders' Equity	1,772	1,763	1,703	1,632	1,089	1,038
Total Liabilities & Equity	3,251	3,163	2,924	2,101	1,398	1,306
Total Debt	811.88	803.24	527.34	275.07	181.04	110.47
Net Cash (Debt)	-108.04	-160.11	134.17	342.52	153.79	305.1
Net Cash Growth	-	-	-60.83%	122.72%	-49.59%	-31.16%
Net Cash Per Share	-0.24	-0.44	0.36	0.96	0.52	1.01
Filing Date Shares Outstanding	355.54	357.6	361.14	361.14	305.3	305.3
Total Common Shares Outstanding	355.54	357.6	361.14	361.14	305.3	305.3
Working Capital	294.06	341.14	299.74	647.7	354.41	462.92
Book Value Per Share	4.84	4.78	4.64	4.45	3.50	3.36
Tangible Book Value	994.38	964.61	955.01	1,433	892.18	990.53
Tangible Book Value Per Share	2.80	2.70	2.64	3.97	2.92	3.24
Buildings	-	479.64	327.17	200.14	198.15	103.59
Machinery	-	648.5	393.51	354.05	361.74	348.57
Construction In Progress	-	277.83	448.01	323.63	72.94	132.57

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