Renxin New Material 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	Dec '21 Dec 31, 2021
Cash & Equivalents	577.14	777.2	1,007	224.44	396.59	227.52
Trading Asset Securities	-	-	-	948.11	-	-
Cash & Short-Term Investments	577.14	777.2	1,007	1,173	396.59	227.52
Cash Growth	-4.83%	-22.80%	-14.14%	195.66%	74.31%	17.33%
Accounts Receivable	131.72	98.85	107.31	67.15	27.9	19.88
Other Receivables	0.28	0.09	0.02	0.02	2.06	3.44
Receivables	132	98.94	107.33	67.18	29.96	23.32
Inventory	206.81	101	81.52	98.34	75.52	92.11
Other Current Assets	232.53	150.51	128.91	152.76	125.68	76.44
Total Current Assets	1,148	1,128	1,324	1,491	627.74	419.4
Property, Plant & Equipment	551.4	547.77	523.02	398.2	386.51	325.87
Long-Term Investments	15	10	-	-	-	-
Other Intangible Assets	43.21	43.55	44.35	45.54	26.12	27.06
Long-Term Deferred Tax Assets	14.12	3.44	0.22	0.54	1.17	0.26
Long-Term Deferred Charges	0.01	0.03	0.11	0.62	1.13	2.1
Other Long-Term Assets	280.47	280.42	0.53	22.06	1.77	0.34
Total Assets	2,053	2,013	1,893	1,958	1,044	775.04
Accounts Payable	252.35	246.43	281.05	281.09	307.1	105.65
Accrued Expenses	2.77	4.8	6.8	4.73	4.77	4.96
Short-Term Debt	240.12	150.1	-	-	-	-
Current Portion of Long-Term Debt	3.53	3.47	-	-	-	-
Current Portion of Leases	-	-	0.02	2.54	2.39	2.25
Current Income Taxes Payable	1.52	2.64	4.2	5.17	4.45	8.99
Current Unearned Revenue	8.43	5.12	7.45	4.02	5.06	15.42
Other Current Liabilities	56.47	9.78	14.23	2.07	4.87	10.24
Total Current Liabilities	565.19	422.35	313.76	299.62	328.65	147.52
Long-Term Debt	33.71	33.71	10	-	-	-
Long-Term Leases	10.04	10.65	-	0.07	2.62	5.02
Long-Term Deferred Tax Liabilities	1.82	1.91	0.01	0.44	0.71	-
Total Liabilities	610.76	468.62	323.77	300.12	331.98	152.54
Common Stock	242.85	242.85	202.89	144.92	108.69	108.69
Additional Paid-In Capital	869.69	869.69	909.65	967.62	116.56	116.56
Retained Earnings	362.29	462.79	449.27	540.94	485.15	391.09
Treasury Stock	-40	-40	-	-	-	-
Comprehensive Income & Other	7.11	8.92	7.12	4.19	2.07	6.16
Shareholders' Equity	1,442	1,544	1,569	1,658	712.47	622.5
Total Liabilities & Equity	2,053	2,013	1,893	1,958	1,044	775.04
Total Debt	287.4	197.93	10.02	2.6	5.01	7.27
Net Cash (Debt)	289.74	579.27	996.68	1,170	391.58	220.25
Net Cash Growth	-37.00%	-41.88%	-14.81%	198.78%	77.79%	13.58%
Net Cash Per Share	1.19	2.39	4.09	5.49	2.16	1.20
Filing Date Shares Outstanding	242.83	242.45	243.47	243.47	182.6	183.14
Total Common Shares Outstanding	242.83	242.45	243.47	243.47	182.6	183.14
Working Capital	583.29	705.3	1,011	1,191	299.1	271.88
Book Value Per Share	5.94	6.37	6.44	6.81	3.90	3.40
Tangible Book Value	1,399	1,501	1,525	1,612	686.35	595.44
Tangible Book Value Per Share	5.76	6.19	6.26	6.62	3.76	3.25
Buildings	-	-	227.18	214.68	124.02	120.43
Machinery	-	-	292.44	279.5	262.42	258.74
Construction In Progress	-	-	136.93	10.42	81.7	5.55

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