Shengtak New Material Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	288.61	431.81	468.54	460.92	348.92	361.89
Trading Asset Securities	408.66	96.66	-	-	-	50.83
Cash & Short-Term Investments	697.27	528.47	468.54	460.92	348.92	412.72
Cash Growth	145.76%	12.79%	1.65%	32.10%	-15.46%	-0.14%
Accounts Receivable	1,303	1,105	919.04	954.14	589.53	600.71
Other Receivables	43.46	32.44	16.08	17.93	2.54	3.64
Receivables	1,347	1,138	935.11	972.07	592.08	604.35
Inventory	686.27	614.96	551.29	471.72	280.32	210.44
Prepaid Expenses	-	-	-	0.42	3.76	2.24
Other Current Assets	87.68	64.93	88.09	66.51	49.26	44.33
Total Current Assets	2,818	2,346	2,043	1,972	1,274	1,274
Property, Plant & Equipment	738.39	738.95	620.75	467.82	148.31	96.18
Long-Term Investments	54.31	55.5	74.11	81.82	72.45	64.8
Goodwill	111.66	111.66	161.56	161.56	-	-
Other Intangible Assets	110.95	106.83	112.34	106.69	56.27	57.69
Long-Term Deferred Tax Assets	18.91	17.53	18.6	13.58	4.25	4.92
Long-Term Deferred Charges	8.91	9.32	7.16	3.58	-	-
Other Long-Term Assets	25.96	15.13	68.4	26.16	40.33	5.77
Total Assets	3,887	3,401	3,106	2,833	1,596	1,503

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	1,072	1,076	1,046	1,007	569.51	452.7
Accrued Expenses	25.05	34.6	35.55	32.8	14.57	15.49
Short-Term Debt	592.4	577.43	520.77	388.16	154.86	250.27
Current Portion of Long-Term Debt	85.26	53.84	70.58	33.75	-	-
Current Portion of Leases	-	13.59	30.94	21.4	-	-
Current Income Taxes Payable	9.28	6.92	3.19	6.76	-	-
Current Unearned Revenue	19.05	9.85	8.41	4.21	6.35	2.45
Other Current Liabilities	99.7	60.21	39.13	54.22	9.75	5.29
Total Current Liabilities	1,903	1,832	1,755	1,548	755.04	726.2
Long-Term Debt	507.23	228.95	145.61	157.05	-	-
Long-Term Leases	7.37	10.4	9.58	44.43	-	-
Long-Term Unearned Revenue	12.4	12.63	12.72	4.32	-	-
Long-Term Deferred Tax Liabilities	36.82	23.98	10.77	13.34	1.89	1.15
Other Long-Term Liabilities	-	0.06	15.32	-	-	-
Total Liabilities	2,467	2,108	1,949	1,767	756.93	727.35

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
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	733.36	681.65	542.92	377.62	293.11	230.16
Treasury Stock	-15.1	-15.1	-11.24	-	-	-
Comprehensive Income & Other	94.25	13.25	8.44	4.38	4.08	4.1
Total Common Equity	1,325	1,193	1,053	923.83	839.02	776.09
Minority Interest	94.56	100.32	104.52	141.86	-	-
Shareholders' Equity	1,420	1,293	1,157	1,066	839.02	776.09
Total Liabilities & Equity	3,887	3,401	3,106	2,833	1,596	1,503

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	1,192	884.21	777.48	644.78	154.86	250.27
Net Cash (Debt)	-494.99	-355.74	-308.94	-183.87	194.05	162.45
Net Cash Growth	-	-	-	-	19.46%	-44.42%
Net Cash Per Share	-4.50	-3.23	-2.82	-1.67	1.76	1.47
Filing Date Shares Outstanding	109.31	109.31	109.31	110	110	110
Total Common Shares Outstanding	109.31	109.31	109.31	110	110	110
Working Capital	914.58	514	288.51	423.62	519.3	547.89
Book Value Per Share	12.12	10.91	9.63	8.40	7.63	7.06
Tangible Book Value	1,103	974.09	779	655.58	782.75	718.4
Tangible Book Value Per Share	10.09	8.91	7.13	5.96	7.12	6.53
Buildings	-	237.08	224.01	133.99	60.31	60.31
Machinery	-	780.09	565.7	468.59	133.9	129.05
Construction In Progress	-	16.65	68.44	64.87	88.83	34.16