Ningbo Color Master Batch 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	85.64	99.24	414.35	508.8	548	94.16
Short-Term Investments	-	452.86	-	33.37	-	-
Trading Asset Securities	181.06	205.12	388	220	200	-
Cash & Short-Term Investments	266.7	757.22	802.35	762.17	748	94.16
Cash Growth	-32.79%	-5.63%	5.27%	1.89%	694.41%	38.30%
Accounts Receivable	231.68	222.82	199.53	170.04	152.06	160.47
Other Receivables	0.56	0.39	0.2	1	0.3	0.41
Receivables	232.24	223.2	199.73	171.04	152.36	160.88
Inventory	73.77	66.21	62.67	71.01	67.14	96.82
Prepaid Expenses	-	0.15	-	-	-	-
Other Current Assets	406.48	8.1	2.27	3.26	8.75	15.07
Total Current Assets	979.19	1,055	1,067	1,007	976.24	366.92
Property, Plant & Equipment	201.53	172.85	81.77	84.44	76.14	62.96
Long-Term Investments	-	-	-	-	-	1.73
Other Intangible Assets	16.99	17.17	17.68	7.01	7.3	7.22
Long-Term Deferred Tax Assets	3.4	3.28	1.32	1.3	1.79	2.03
Long-Term Deferred Charges	-	-	-	-	-	0.97
Other Long-Term Assets	2.62	3.99	12.3	2.03	4.78	11.86
Total Assets	1,204	1,252	1,180	1,102	1,066	453.7
Accounts Payable	82.09	59.49	29.41	17.54	32.27	35.85
Accrued Expenses	10.79	16.79	18.11	15.02	24.85	25.74
Short-Term Debt	-	11.65	10	-	-	-
Current Portion of Leases	0.61	0.59	0.57	0.42	0.96	-
Current Income Taxes Payable	8.16	5.82	4.24	5.12	5.89	7.79
Current Unearned Revenue	1.24	0.48	0.68	0.59	0.35	0.41
Other Current Liabilities	8.49	8.68	8.46	8.58	6.14	7.4
Total Current Liabilities	111.37	103.5	71.47	47.28	70.47	77.18
Long-Term Leases	0.15	0.61	-	0.02	0.83	-
Long-Term Unearned Revenue	6.23	7.02	8.07	8.28	8.66	9.56
Other Long-Term Liabilities	2.7	2.74	2.81	2.88	2.97	3.05
Total Liabilities	120.45	113.87	82.35	58.46	82.92	89.8
Common Stock	168	168	120	120	80	60
Additional Paid-In Capital	577.73	577.73	625.74	625.74	665.74	175.19
Retained Earnings	388.04	404.51	352.01	298.06	237.59	128.72
Treasury Stock	-50.5	-11.94	-	-	-	-
Shareholders' Equity	1,083	1,138	1,098	1,044	983.33	363.91
Total Liabilities & Equity	1,204	1,252	1,180	1,102	1,066	453.7
Total Debt	0.76	12.85	10.57	0.44	1.79	-
Net Cash (Debt)	265.94	744.37	791.79	761.72	746.21	94.16
Net Cash Growth	-31.24%	-5.99%	3.95%	2.08%	692.51%	38.30%
Net Cash Per Share	1.60	4.44	4.74	4.54	5.09	0.75
Filing Date Shares Outstanding	164.96	167.24	168.18	168.18	168.18	126.14
Total Common Shares Outstanding	164.96	167.24	168.18	168.18	168.18	126.14
Working Capital	867.82	951.38	995.55	960.21	905.78	289.74
Book Value Per Share	6.57	6.81	6.53	6.21	5.85	2.88
Tangible Book Value	1,066	1,121	1,080	1,037	976.03	356.68
Tangible Book Value Per Share	6.46	6.70	6.42	6.16	5.80	2.83
Buildings	-	72.92	72.92	72.92	72.92	64.71
Machinery	-	102.27	100.88	94.37	73.48	61.95
Construction In Progress	-	97.32	0.24	0.44	4.39	-

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