Sinolong New Materials 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	359.68	456.71	451.95	466.52	311.99
Trading Asset Securities	447.19	577.55	0.19	0.01	0.09
Cash & Short-Term Investments	806.87	1,034	452.13	466.53	312.08
Cash Growth	-24.08%	128.75%	-3.09%	49.49%	-
Accounts Receivable	237.07	315.28	345.6	179.97	235.96
Other Receivables	9.86	4.41	0.92	11.59	19.4
Receivables	246.93	319.68	346.52	191.57	255.36
Inventory	409.01	325.25	254.63	230.9	259.77
Other Current Assets	151.25	100.29	88.56	66.05	30.82
Total Current Assets	1,614	1,779	1,142	955.04	858.03
Property, Plant & Equipment	1,902	1,320	1,331	1,433	1,257
Goodwill	5.83	5.83	5.83	5.83	5.83
Other Intangible Assets	228.85	234.82	213.53	146.93	110.07
Long-Term Deferred Tax Assets	19.69	17.64	14.63	10.65	10.14
Long-Term Deferred Charges	3.2	3.31	3.55	3.64	0.57
Other Long-Term Assets	48.08	189.57	145.25	39.83	72.42
Total Assets	3,821	3,551	2,856	2,595	2,314
Accounts Payable	758.95	869.29	704.17	684.12	545.64
Accrued Expenses	10.95	19.11	20.5	17.19	15.84
Short-Term Debt	-	-	138.5	118.27	240.22
Current Portion of Long-Term Debt	5.8	44.94	49.67	-	-
Current Portion of Leases	-	-	0.55	-	-
Current Income Taxes Payable	2.77	3.15	6.18	17.6	20.87
Current Unearned Revenue	13.86	4.53	10.61	5.3	14.58
Other Current Liabilities	43.49	71.97	55.89	109.1	216.64
Total Current Liabilities	835.81	1,013	986.08	951.57	1,054
Long-Term Debt	531.82	144.52	214.28	210.03	120.34
Long-Term Leases	0.52	-	-	0.55	-
Long-Term Unearned Revenue	42.6	43.9	51.28	34.92	26.97
Long-Term Deferred Tax Liabilities	2.27	2.4	4.23	4.56	4.75
Other Long-Term Liabilities	-	-	-	-	0
Total Liabilities	1,413	1,204	1,256	1,202	1,206
Common Stock	400.01	400.01	340	340	340
Additional Paid-In Capital	903.07	903.07	328.24	328.24	328.24
Retained Earnings	1,112	1,045	931.63	725.42	440.1
Comprehensive Income & Other	-6.36	-0.78	0	-	-
Shareholders' Equity	2,408	2,347	1,600	1,394	1,108
Total Liabilities & Equity	3,821	3,551	2,856	2,595	2,314
Total Debt	538.14	189.46	403	328.85	360.56
Net Cash (Debt)	268.73	844.8	49.14	137.69	-48.48
Net Cash Growth	-68.60%	1619.26%	-64.31%	-	-
Net Cash Per Share	0.68	2.31	0.15	0.41	-0.14
Filing Date Shares Outstanding	400.01	400.01	340	339.67	338.94
Total Common Shares Outstanding	400.01	400.01	340	339.67	338.94
Working Capital	778.25	766.49	155.77	3.47	-195.75
Book Value Per Share	6.02	5.87	4.71	4.10	3.27
Tangible Book Value	2,174	2,106	1,381	1,241	992.44
Tangible Book Value Per Share	5.43	5.27	4.06	3.65	2.93
Buildings	-	497.59	497.59	-	-
Machinery	-	1,452	1,443	-	-
Construction In Progress	-	129.26	4.9	-	-

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