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 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	113.82	57.14	99.24	414.35	508.8	548
Short-Term Investments	-	-	452.86	-	33.37	-
Trading Asset Securities	159.44	224.16	205.12	388	220	200
Cash & Short-Term Investments	273.26	281.3	757.22	802.35	762.17	748
Cash Growth	-11.79%	-62.85%	-5.63%	5.27%	1.89%	694.41%
Accounts Receivable	235.43	226.36	222.82	199.53	170.04	152.06
Other Receivables	0.6	0.21	0.39	0.2	1	0.3
Receivables	236.02	226.58	223.2	199.73	171.04	152.36
Inventory	101.75	95.68	66.21	62.67	71.01	67.14
Prepaid Expenses	-	-	0.15	-	-	-
Other Current Assets	424.58	420.48	8.1	2.27	3.26	8.75
Total Current Assets	1,036	1,024	1,055	1,067	1,007	976.24
Property, Plant & Equipment	199.8	197.58	172.85	81.77	84.44	76.14
Other Intangible Assets	16.74	16.87	17.17	17.68	7.01	7.3
Long-Term Deferred Tax Assets	4.87	4.55	3.28	1.32	1.3	1.79
Long-Term Deferred Charges	0.14	-	-	-	-	-
Other Long-Term Assets	10.14	8.07	3.99	12.3	2.03	4.78
Total Assets	1,267	1,251	1,252	1,180	1,102	1,066
Accounts Payable	87.57	89.88	59.49	29.41	17.54	32.27
Accrued Expenses	6.32	18.09	16.79	18.11	15.02	24.85
Short-Term Debt	-	-	11.65	10	-	-
Current Portion of Long-Term Debt	0.23	0.61	-	-	-	-
Current Portion of Leases	-	-	0.59	0.57	0.42	0.96
Current Income Taxes Payable	8.48	6.64	5.82	4.24	5.12	5.89
Current Unearned Revenue	0.6	0.2	0.48	0.68	0.59	0.35
Other Current Liabilities	13.04	13.74	8.68	8.46	8.58	6.14
Total Current Liabilities	116.23	129.15	103.5	71.47	47.28	70.47
Long-Term Leases	-	-	0.61	-	0.02	0.83
Long-Term Unearned Revenue	8.28	8.54	7.02	8.07	8.28	8.66
Other Long-Term Liabilities	2.66	2.68	2.74	2.81	2.88	2.97
Total Liabilities	127.18	140.38	113.87	82.35	58.46	82.92
Common Stock	164.96	164.96	168	120	120	80
Additional Paid-In Capital	530.27	530.27	577.73	625.74	625.74	665.74
Retained Earnings	444.9	415.49	404.51	352.01	298.06	237.59
Treasury Stock	-	-	-11.94	-	-	-
Shareholders' Equity	1,140	1,111	1,138	1,098	1,044	983.33
Total Liabilities & Equity	1,267	1,251	1,252	1,180	1,102	1,066
Total Debt	0.23	0.61	12.85	10.57	0.44	1.79
Net Cash (Debt)	273.03	280.69	744.37	791.79	761.72	746.21
Net Cash Growth	-8.64%	-62.29%	-5.99%	3.95%	2.08%	692.51%
Net Cash Per Share	1.68	1.71	4.44	4.74	4.54	5.09
Filing Date Shares Outstanding	162.54	161.43	167.24	168.18	168.18	168.18
Total Common Shares Outstanding	162.54	161.43	167.24	168.18	168.18	168.18
Working Capital	919.38	894.89	951.38	995.55	960.21	905.78
Book Value Per Share	7.01	6.88	6.81	6.53	6.21	5.85
Tangible Book Value	1,123	1,094	1,121	1,080	1,037	976.03
Tangible Book Value Per Share	6.91	6.78	6.70	6.42	6.16	5.80
Buildings	-	-	72.92	72.92	72.92	72.92
Machinery	-	-	102.27	100.88	94.37	73.48
Construction In Progress	-	-	97.32	0.24	0.44	4.39

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