Neutech Group Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,351	1,665	1,708	1,184	1,228
Short-Term Investments	-	9.18	14.11	15.76	6.87
Trading Asset Securities	465	226.44	76.22	390.45	134.57
Cash & Short-Term Investments	1,816	1,900	1,799	1,590	1,370
Cash Growth	-4.44%	5.65%	13.13%	16.07%	-6.70%
Accounts Receivable	74.65	67.59	74.15	75.33	30.41
Other Receivables	29.09	2.34	1	7.21	-0.31
Receivables	103.74	71.04	76.32	83.7	31.3
Inventory	8.08	8.67	9.38	4.3	4.92
Prepaid Expenses	-	6.71	4.84	5.6	6.4
Restricted Cash	29	32.85	62.8	2.46	2.54
Other Current Assets	116.73	122.97	113.4	96.17	79.98
Total Current Assets	2,074	2,143	2,065	1,782	1,495
Property, Plant & Equipment	4,768	4,550	3,968	3,566	3,343
Long-Term Investments	99.49	22.5	22.5	-	-
Goodwill	322.14	330.95	134.94	134.94	134.94
Other Intangible Assets	192.55	204.64	138.95	148.3	157.45
Long-Term Deferred Tax Assets	81.81	80.21	45.66	38.04	34.69
Other Long-Term Assets	16.23	23.87	315.92	323.83	237.15
Total Assets	7,554	7,355	6,691	5,994	5,402
Accounts Payable	469.98	687.8	616.4	6.79	13.7
Accrued Expenses	-	-	-	120.78	117.34
Short-Term Debt	216.06	366.22	161.63	131.66	68.91
Current Portion of Long-Term Debt	476.87	263.51	489.42	113.27	167.58
Current Portion of Leases	8.55	9.28	8.26	9.09	9.69
Current Income Taxes Payable	65.31	46.21	53.52	78.61	58.08
Current Unearned Revenue	1,050	1,045	1,107	1,032	830.31
Other Current Liabilities	-	-	-	515.57	584.11
Total Current Liabilities	2,287	2,418	2,447	2,007	1,850
Long-Term Debt	2,587	2,474	2,074	2,141	1,931
Long-Term Leases	11.43	23.24	27.57	32.22	39.24
Long-Term Unearned Revenue	107.28	35.41	34.02	34.95	33.6
Long-Term Deferred Tax Liabilities	65.04	89.34	42.27	41.26	41.25
Other Long-Term Liabilities	0.68	0.68	0.68	0.68	0.68
Total Liabilities	5,058	5,041	4,625	4,258	3,895
Common Stock	0.11	0.11	0.11	0.11	0.12
Additional Paid-In Capital	2,215	2,444	2,660	2,756	2,915
Retained Earnings	2,161	1,988	1,522	1,093	707.35
Comprehensive Income & Other	-1,896	-2,127	-2,124	-2,122	-2,124
Total Common Equity	2,480	2,305	2,058	1,727	1,498
Minority Interest	16.02	8.54	8.6	8.5	8.62
Shareholders' Equity	2,496	2,314	2,066	1,736	1,507
Total Liabilities & Equity	7,554	7,355	6,691	5,994	5,402
Total Debt	3,300	3,136	2,761	2,428	2,216
Net Cash (Debt)	-1,484	-1,236	-961.97	-837.55	-846.19
Net Cash Per Share	-2.30	-1.91	-1.49	-1.25	-1.23
Filing Date Shares Outstanding	646.22	646.21	646.2	646.2	668.71
Total Common Shares Outstanding	646.22	646.21	646.2	646.2	668.71
Working Capital	-212.97	-275.52	-381.14	-225.2	-354.69
Book Value Per Share	3.84	3.57	3.18	2.67	2.24
Tangible Book Value	1,965	1,770	1,784	1,444	1,206
Tangible Book Value Per Share	3.04	2.74	2.76	2.23	1.80
Buildings	4,223	4,202	3,326	2,967	2,441
Machinery	677.62	651.94	555.64	492.97	444.9
Construction In Progress	343.4	107.66	593.17	448.16	658.86

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