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 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	416.12	796.49	456.71	451.95	466.52	311.99
Trading Asset Securities	438.14	40.57	577.55	0.19	0.01	0.09
Cash & Short-Term Investments	854.26	837.06	1,034	452.13	466.53	312.08
Cash Growth	1.23%	-19.07%	128.75%	-3.09%	49.49%	-
Accounts Receivable	243.39	257.69	315.28	345.6	179.97	235.96
Other Receivables	3.22	3.3	4.41	0.92	11.59	19.4
Receivables	246.61	260.99	319.68	346.52	191.57	255.36
Inventory	420.64	348.91	325.25	254.63	230.9	259.77
Other Current Assets	171.97	144.67	100.29	88.56	66.05	30.82
Total Current Assets	1,693	1,592	1,779	1,142	955.04	858.03
Property, Plant & Equipment	2,161	1,987	1,320	1,331	1,433	1,257
Goodwill	5.83	5.83	5.83	5.83	5.83	5.83
Other Intangible Assets	243.53	245.3	234.82	213.53	146.93	110.07
Long-Term Deferred Tax Assets	20.48	22.41	17.64	14.63	10.65	10.14
Long-Term Deferred Charges	3.26	2.59	3.31	3.55	3.64	0.57
Other Long-Term Assets	179.56	152.75	189.57	145.25	39.83	72.42
Total Assets	4,307	4,008	3,551	2,856	2,595	2,314
Accounts Payable	920.51	761.64	869.29	704.17	684.12	545.64
Accrued Expenses	11.54	19.81	19.11	20.5	17.19	15.84
Short-Term Debt	-	-	-	138.5	118.27	240.22
Current Portion of Long-Term Debt	16.66	10.02	44.94	49.67	-	-
Current Portion of Leases	-	-	-	0.55	-	-
Current Income Taxes Payable	2.49	4.61	3.15	6.18	17.6	20.87
Current Unearned Revenue	10.74	16.11	4.53	10.61	5.3	14.58
Other Current Liabilities	41.22	43.58	71.97	55.89	109.1	216.64
Total Current Liabilities	1,003	855.78	1,013	986.08	951.57	1,054
Long-Term Debt	815.67	690.06	144.52	214.28	210.03	120.34
Long-Term Leases	0.46	0.61	-	-	0.55	-
Long-Term Unearned Revenue	43.95	43.31	43.9	51.28	34.92	26.97
Long-Term Deferred Tax Liabilities	2.2	2.22	2.4	4.23	4.56	4.75
Other Long-Term Liabilities	-	-	-	-	-	0
Total Liabilities	1,865	1,592	1,204	1,256	1,202	1,206
Common Stock	400.01	400.01	400.01	340	340	340
Additional Paid-In Capital	903.07	903.07	903.07	328.24	328.24	328.24
Retained Earnings	1,155	1,123	1,045	931.63	725.42	440.1
Comprehensive Income & Other	-15.88	-10.48	-0.78	0	-	-
Shareholders' Equity	2,442	2,416	2,347	1,600	1,394	1,108
Total Liabilities & Equity	4,307	4,008	3,551	2,856	2,595	2,314
Total Debt	832.78	700.68	189.46	403	328.85	360.56
Net Cash (Debt)	21.48	136.38	844.8	49.14	137.69	-48.48
Net Cash Growth	-96.25%	-83.86%	1619.26%	-64.31%	-	-
Net Cash Per Share	0.05	0.35	2.31	0.15	0.41	-0.14
Filing Date Shares Outstanding	397.38	364.32	400.01	340	339.67	338.94
Total Common Shares Outstanding	397.38	364.32	400.01	340	339.67	338.94
Working Capital	690.33	735.85	766.49	155.77	3.47	-195.75
Book Value Per Share	6.15	6.63	5.87	4.71	4.10	3.27
Tangible Book Value	2,193	2,164	2,106	1,381	1,241	992.44
Tangible Book Value Per Share	5.52	5.94	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.