Shangda Superalloys 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 2021	FY 2020	FY 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	352.69	671.03	221.19	20.83	64.11	109.8
Cash & Short-Term Investments	422.69	671.03	221.19	20.83	64.11	109.8
Cash Growth	54.11%	203.37%	962.04%	-67.51%	-41.61%	-
Accounts Receivable	1,116	1,008	885.83	344.23	217.29	232.78
Other Receivables	0.49	0.72	1.15	2.72	0.47	1.2
Receivables	1,117	1,009	886.98	346.95	217.75	233.98
Inventory	979.51	936.08	869.52	495.12	415.58	387.26
Prepaid Expenses	-	-	11.21	-	-	-
Other Current Assets	26.76	12.52	15.02	7.44	13.11	18.09
Total Current Assets	2,546	2,628	2,004	870.34	710.55	749.13
Property, Plant & Equipment	1,075	1,005	903.21	859.35	760.63	683.39
Other Intangible Assets	70.99	49.95	51.93	78.79	80.6	88.31
Long-Term Deferred Tax Assets	11.39	9.55	8.69	5.24	12.41	12.38
Other Long-Term Assets	135.25	7.16	49.12	3.15	19.75	38.86
Total Assets	3,839	3,700	3,017	1,817	1,584	1,572
Accounts Payable	874.22	866.22	638.94	155.8	88.33	93.71
Accrued Expenses	19.22	27.56	26.32	16.65	10.1	11.13
Short-Term Debt	411.1	353.31	371.28	166.39	172.99	171.81
Current Portion of Long-Term Debt	43.47	134.54	149.9	15	-	-
Current Portion of Leases	-	0.67	0.13	0.1	-	-
Current Income Taxes Payable	1.1	4.48	6.53	0.16	-	-
Current Unearned Revenue	40.68	19.84	28.5	17.72	10.77	-
Other Current Liabilities	67.4	48.47	92.62	101.07	51.61	239.25
Total Current Liabilities	1,457	1,455	1,314	472.89	333.8	515.9
Long-Term Debt	203.46	73.11	220.17	135.22	120.17	100
Long-Term Leases	1.03	1.25	0.02	0.17	-	-
Long-Term Unearned Revenue	285.12	311.47	334.27	299.43	309.76	313.35
Long-Term Deferred Tax Liabilities	0.08	0.04	0.06	-	-	-
Other Long-Term Liabilities	-	-	-	19.3	-	-
Total Liabilities	1,947	1,841	1,869	927.01	763.73	929.26
Common Stock	371.87	371.87	278.9	278.9	278.9	256
Additional Paid-In Capital	961.83	961.56	505.6	505.23	504.69	464.99
Retained Earnings	558.28	525.21	363.63	105.74	36.61	-78.18
Shareholders' Equity	1,892	1,859	1,148	889.86	820.2	642.81
Total Liabilities & Equity	3,839	3,700	3,017	1,817	1,584	1,572
Total Debt	659.06	562.88	741.5	316.87	293.16	271.81
Net Cash (Debt)	-236.37	108.16	-520.31	-296.05	-229.05	-162.01
Net Cash Per Share	-0.65	0.37	-1.87	-1.06	-0.84	-0.64
Filing Date Shares Outstanding	371.87	371.87	278.85	278.9	271.27	251.33
Total Common Shares Outstanding	371.87	371.87	278.85	278.9	271.27	251.33
Working Capital	1,089	1,173	689.7	397.45	376.75	233.22
Book Value Per Share	5.09	5.00	4.12	3.19	3.02	2.56
Tangible Book Value	1,821	1,809	1,096	811.07	739.6	554.5
Tangible Book Value Per Share	4.90	4.86	3.93	2.91	2.73	2.21
Buildings	-	525.97	507.29	455.57	443.75	438.18
Machinery	-	761.01	648.36	543.03	346.37	345.94
Construction In Progress	-	78.56	44.52	51.45	125.18	34.04

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