Shengtak New Material 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	250.08	431.81	468.54	460.92	348.92	361.89
Trading Asset Securities	106.66	96.66	-	-	-	50.83
Cash & Short-Term Investments	356.74	528.47	468.54	460.92	348.92	412.72
Cash Growth	20.19%	12.79%	1.65%	32.10%	-15.46%	-0.14%
Accounts Receivable	1,098	1,105	835.84	861.64	589.53	600.71
Other Receivables	10.29	5.34	91.62	109.58	2.54	3.64
Receivables	1,108	1,111	927.46	971.22	592.08	604.35
Inventory	671.61	614.96	551.29	471.72	280.32	210.44
Prepaid Expenses	-	-	1.31	0.52	3.76	2.24
Other Current Assets	82.09	92.03	94.43	67.26	49.26	44.33
Total Current Assets	2,219	2,346	2,043	1,972	1,274	1,274
Property, Plant & Equipment	732.86	738.95	620.75	467.82	148.31	96.18
Long-Term Investments	59.47	55.5	74.11	81.82	72.45	64.8
Goodwill	111.66	111.66	161.56	161.56	-	-
Other Intangible Assets	105.18	106.83	112.34	106.69	56.27	57.69
Long-Term Deferred Tax Assets	17.91	17.53	18.6	13.58	4.25	4.92
Long-Term Deferred Charges	9.61	9.32	7.16	3.58	-	-
Other Long-Term Assets	17.53	15.13	68.4	26.16	40.33	5.77
Total Assets	3,273	3,401	3,106	2,833	1,596	1,503
Accounts Payable	944.12	1,076	1,046	1,007	569.51	452.7
Accrued Expenses	18.37	28.83	31.16	32.8	14.57	15.49
Short-Term Debt	554.13	577.43	515.67	388.16	154.86	250.27
Current Portion of Long-Term Debt	83.02	67.43	70.58	33.75	-	-
Current Portion of Leases	-	-	30.94	21.4	-	-
Current Income Taxes Payable	6.28	9.73	3.19	6.76	-	-
Current Unearned Revenue	19.01	8.35	8.41	4.21	6.35	2.45
Other Current Liabilities	46.23	64.67	48.63	54.22	9.75	5.29
Total Current Liabilities	1,671	1,832	1,755	1,548	755.04	726.2
Long-Term Debt	220.73	228.95	145.61	157.05	-	-
Long-Term Leases	7.83	8.03	24.9	44.43	-	-
Long-Term Unearned Revenue	12.3	12.63	12.72	4.32	-	-
Long-Term Deferred Tax Liabilities	24.24	23.98	10.77	13.34	1.89	1.15
Other Long-Term Liabilities	0.48	2.42	-	-	-	-
Total Liabilities	1,937	2,108	1,949	1,767	756.93	727.35
Common Stock	110	110	110	110	100	100
Additional Paid-In Capital	402.79	402.79	402.79	431.83	441.83	441.83
Retained Earnings	725.42	681.65	542.92	377.62	293.11	230.16
Treasury Stock	-15.1	-15.1	-11.24	-	-	-
Comprehensive Income & Other	14.8	13.25	8.44	4.38	4.08	4.1
Total Common Equity	1,238	1,193	1,053	923.83	839.02	776.09
Minority Interest	98.44	100.32	104.52	141.86	-	-
Shareholders' Equity	1,336	1,293	1,157	1,066	839.02	776.09
Total Liabilities & Equity	3,273	3,401	3,106	2,833	1,596	1,503
Total Debt	865.72	881.85	787.7	644.78	154.86	250.27
Net Cash (Debt)	-508.98	-353.37	-319.16	-183.87	194.05	162.45
Net Cash Growth	-	-	-	-	19.46%	-44.42%
Net Cash Per Share	-4.63	-3.21	-2.91	-1.67	1.76	1.47
Filing Date Shares Outstanding	109.72	110	109.31	110	110	110
Total Common Shares Outstanding	109.72	110	109.31	110	110	110
Working Capital	547.72	514	288.51	423.62	519.3	547.89
Book Value Per Share	11.28	10.84	9.63	8.40	7.63	7.06
Tangible Book Value	1,021	974.09	779	655.58	782.75	718.4
Tangible Book Value Per Share	9.31	8.86	7.13	5.96	7.12	6.53
Buildings	-	-	224.01	133.99	60.31	60.31
Machinery	-	-	565.7	468.59	133.9	129.05
Construction In Progress	-	-	68.44	64.87	88.83	34.16

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