Ningbo Color Master Batch Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	57.14	99.24	414.35	508.8	548
Short-Term Investments	-	452.86	-	33.37	-
Trading Asset Securities	224.16	205.12	388	220	200
Cash & Short-Term Investments	281.3	757.22	802.35	762.17	748
Cash Growth	-62.85%	-5.63%	5.27%	1.89%	694.41%
Accounts Receivable	226.36	222.82	199.53	170.04	152.06
Other Receivables	0.21	0.39	0.2	1	0.3
Receivables	226.58	223.2	199.73	171.04	152.36
Inventory	95.68	66.21	62.67	71.01	67.14
Prepaid Expenses	-	0.15	-	-	-
Other Current Assets	420.48	8.1	2.27	3.26	8.75
Total Current Assets	1,024	1,055	1,067	1,007	976.24
Property, Plant & Equipment	197.58	172.85	81.77	84.44	76.14
Other Intangible Assets	16.87	17.17	17.68	7.01	7.3
Long-Term Deferred Tax Assets	4.55	3.28	1.32	1.3	1.79
Other Long-Term Assets	8.07	3.99	12.3	2.03	4.78
Total Assets	1,251	1,252	1,180	1,102	1,066
Accounts Payable	89.88	59.49	29.41	17.54	32.27
Accrued Expenses	18.09	16.79	18.11	15.02	24.85
Short-Term Debt	-	11.65	10	-	-
Current Portion of Long-Term Debt	0.61	-	-	-	-
Current Portion of Leases	-	0.59	0.57	0.42	0.96
Current Income Taxes Payable	6.64	5.82	4.24	5.12	5.89
Current Unearned Revenue	0.2	0.48	0.68	0.59	0.35
Other Current Liabilities	13.74	8.68	8.46	8.58	6.14
Total Current Liabilities	129.15	103.5	71.47	47.28	70.47
Long-Term Leases	-	0.61	-	0.02	0.83
Long-Term Unearned Revenue	8.54	7.02	8.07	8.28	8.66
Other Long-Term Liabilities	2.68	2.74	2.81	2.88	2.97
Total Liabilities	140.38	113.87	82.35	58.46	82.92
Common Stock	164.96	168	120	120	80
Additional Paid-In Capital	530.27	577.73	625.74	625.74	665.74
Retained Earnings	415.49	404.51	352.01	298.06	237.59
Treasury Stock	-	-11.94	-	-	-
Shareholders' Equity	1,111	1,138	1,098	1,044	983.33
Total Liabilities & Equity	1,251	1,252	1,180	1,102	1,066
Total Debt	0.61	12.85	10.57	0.44	1.79
Net Cash (Debt)	280.69	744.37	791.79	761.72	746.21
Net Cash Growth	-62.29%	-5.99%	3.95%	2.08%	692.51%
Net Cash Per Share	1.71	4.44	4.74	4.54	5.09
Filing Date Shares Outstanding	161.43	167.24	168.18	168.18	168.18
Total Common Shares Outstanding	161.43	167.24	168.18	168.18	168.18
Working Capital	894.89	951.38	995.55	960.21	905.78
Book Value Per Share	6.88	6.81	6.53	6.21	5.85
Tangible Book Value	1,094	1,121	1,080	1,037	976.03
Tangible Book Value Per Share	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.