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	Jun '26 Jun 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	704.86	431.81	468.54	460.92	348.92	361.89
Trading Asset Securities	108.66	96.66	-	-	-	50.83
Cash & Short-Term Investments	813.52	528.47	468.54	460.92	348.92	412.72
Cash Growth	194.31%	12.79%	1.65%	32.10%	-15.46%	-0.14%
Accounts Receivable	1,234	1,105	919.04	861.64	589.53	600.71
Other Receivables	10.61	32.44	16.08	110.43	2.54	3.64
Receivables	1,245	1,138	935.11	972.07	592.08	604.35
Inventory	715.16	614.96	551.29	471.72	280.32	210.44
Prepaid Expenses	-	-	-	0.42	3.76	2.24
Other Current Assets	118.78	64.93	88.09	66.51	49.26	44.33
Total Current Assets	2,892	2,346	2,043	1,972	1,274	1,274
Property, Plant & Equipment	732.49	738.95	620.75	467.82	148.31	96.18
Long-Term Investments	55.5	55.5	74.11	81.82	72.45	64.8
Goodwill	111.66	111.66	161.56	161.56	-	-
Other Intangible Assets	112.67	106.83	112.34	106.69	56.27	57.69
Long-Term Deferred Tax Assets	18.02	17.53	18.6	13.58	4.25	4.92
Long-Term Deferred Charges	9.16	9.32	7.16	3.58	-	-
Other Long-Term Assets	28.89	15.13	68.4	26.16	40.33	5.77
Total Assets	3,961	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	Jun '26 Jun 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	1,157	1,076	1,046	1,007	569.51	452.7
Accrued Expenses	24	34.6	35.55	32.8	14.57	15.49
Short-Term Debt	617.69	577.43	520.77	388.16	154.86	250.27
Current Portion of Long-Term Debt	86.81	53.84	70.58	33.75	-	-
Current Portion of Leases	-	13.59	30.94	21.4	-	-
Current Income Taxes Payable	5.02	6.92	3.19	6.76	-	-
Current Unearned Revenue	17.83	9.85	8.41	4.21	6.35	2.45
Other Current Liabilities	62.57	60.21	39.13	54.22	9.75	5.29
Total Current Liabilities	1,971	1,832	1,755	1,548	755.04	726.2
Long-Term Debt	503.79	228.95	145.61	157.05	-	-
Long-Term Leases	7.57	10.4	9.58	44.43	-	-
Long-Term Unearned Revenue	11.96	12.63	12.72	4.32	-	-
Long-Term Deferred Tax Liabilities	37.8	23.98	10.77	13.34	1.89	1.15
Other Long-Term Liabilities	0.06	0.06	15.32	-	-	-
Total Liabilities	2,532	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	Jun '26 Jun 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	741.91	681.65	542.92	377.62	293.11	230.16
Treasury Stock	-15.1	-15.1	-11.24	-	-	-
Comprehensive Income & Other	92.9	13.25	8.44	4.38	4.08	4.1
Total Common Equity	1,332	1,193	1,053	923.83	839.02	776.09
Minority Interest	95.74	100.32	104.52	141.86	-	-
Shareholders' Equity	1,428	1,293	1,157	1,066	839.02	776.09
Total Liabilities & Equity	3,961	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	Jun '26 Jun 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	1,216	884.21	777.48	644.78	154.86	250.27
Net Cash (Debt)	-402.33	-355.74	-308.94	-183.87	194.05	162.45
Net Cash Growth	-	-	-	-	19.46%	-44.42%
Net Cash Per Share	-3.65	-3.23	-2.82	-1.67	1.76	1.47
Filing Date Shares Outstanding	110.29	109.31	109.31	110	110	110
Total Common Shares Outstanding	110.29	109.31	109.31	110	110	110
Working Capital	921.02	514	288.51	423.62	519.3	547.89
Book Value Per Share	12.08	10.91	9.63	8.40	7.63	7.06
Tangible Book Value	1,108	974.09	779	655.58	782.75	718.4
Tangible Book Value Per Share	10.05	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