Balance Sheet

Currency: CNY

	Dec-2018	Dec-2019	Dec-2020	Dec-2021	Dec-2022	Dec-2023	Dec-2024
Assets
Cash & Cash Equivalents	66	91	85	196	179	288	621
Cash	66	91	85	196	179	288	621
Short-Term Investments	60	73	27	0	0	0	0
Total Receivables	287	275	369	555	1 085	1 374	929
Accounts Receivables	149	113	116	215	451	693	601
Other Receivables	139	161	253	339	634	681	328
Inventory	88	112	132	194	627	368	215
Other Current Assets	22	13	68	37	90	43	77
Total Current Assets	523	563	681	981	1 980	2 073	1 843
PP&E Net	134	139	252	349	463	579	577
PP&E Gross	134	139	252	349	463	579	577
Accumulated Depreciation	76	89	106	120	160	205	282
Intangible Assets	27	26	25	25	26	26	26
Other Long-Term Assets	6	6	8	10	24	62	79
Total Assets	690 N/A	734 +6%	966 +32%	1 366 +41%	2 494 +83%	2 740 +10%	2 525 -8%
Liabilities
Accounts Payable	45	42	48	60	224	157	260
Accrued Liabilities	6	8	14	16	15	20	16
Short-Term Debt	164	141	224	434	774	469	277
Current Portion of Long-Term Debt	0	0	0	12	11	53	31
Other Current Liabilities	8	8	25	19	66	67	31
Total Current Liabilities	224	198	310	541	1 089	766	616
Long-Term Debt	0	0	0	56	48	632	325
Deferred Income Tax	0	0	1	0	0	0	1
Other Liabilities	11	9	12	13	30	26	23
Total Liabilities	235 N/A	207 -12%	324 +56%	611 +88%	1 167 +91%	1 425 +22%	965 -32%
Equity
Common Stock	69	69	69	69	93	93	105
Retained Earnings	205	277	393	506	544	420	437
Additional Paid In Capital	180	180	180	180	733	748	996
Treasury Stock	0	0	0	0	44	26	12
Other Equity	0	0	0	0	0	80	34
Total Equity	455 N/A	527 +16%	642 +22%	755 +18%	1 326 +76%	1 316 -1%	1 560 +19%
Total Liabilities & Equity	690 N/A	734 +6%	966 +32%	1 366 +41%	2 494 +83%	2 740 +10%	2 525 -8%
Shares Outstanding
Common Shares Outstanding	129	129	129	129	129	130	146

Guangzhou Lushan New Materials Co Ltd
SSE:603051