Nongfu Spring Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2017
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018 - 2017
Cash & Equivalents	16,601	24,125	15,211	14,784	9,119	1,083	Upgrade
Short-Term Investments	-	106.23	82.06	106.29	81.68	81.94	Upgrade
Trading Asset Securities	2,427	-	-	204.75	-	-	Upgrade
Cash & Short-Term Investments	19,028	24,231	15,293	15,095	9,201	1,165	Upgrade
Cash Growth	-22.79%	58.45%	1.32%	64.06%	689.69%	-43.83%	Upgrade
Accounts Receivable	703.19	547.02	478.59	476.28	357.56	306	Upgrade
Other Receivables	-	123.9	155.05	184.96	594.19	689.14	Upgrade
Receivables	703.19	670.92	633.63	661.24	951.75	995.14	Upgrade
Inventory	3,337	3,092	2,108	1,809	1,805	1,762	Upgrade
Prepaid Expenses	-	209.12	124.35	108.16	75.36	84.36	Upgrade
Other Current Assets	975.85	258.21	201.91	162.4	158.51	365.65	Upgrade
Total Current Assets	24,044	28,461	18,361	17,836	12,192	4,372	Upgrade
Property, Plant & Equipment	20,307	18,127	16,251	13,524	13,286	12,971	Upgrade
Long-Term Investments	10,527	1,511	4,102	1,121	-	-	Upgrade
Other Intangible Assets	73.01	74.22	58.08	65.1	57.89	59.84	Upgrade
Long-Term Deferred Tax Assets	1,077	921.33	433.11	293.09	314.63	372.79	Upgrade
Other Long-Term Assets	38.38	42.83	49.44	56.41	9.11	20.74	Upgrade
Total Assets	56,066	49,137	39,255	32,896	25,859	17,796	Upgrade
Accounts Payable	1,859	1,770	1,425	1,153	881.8	791.46	Upgrade
Accrued Expenses	-	6,001	3,230	2,489	1,632	1,392	Upgrade
Short-Term Debt	3,857	3,121	2,425	2,500	2,414	1,000	Upgrade
Current Portion of Leases	73.05	58.03	68.68	46.72	14.07	5.94	Upgrade
Current Income Taxes Payable	1,847	2,054	1,500	1,050	938.13	711.44	Upgrade
Current Unearned Revenue	2,410	3,585	2,677	2,351	2,247	2,078	Upgrade
Other Current Liabilities	18,948	3,288	3,276	1,999	1,698	1,463	Upgrade
Total Current Liabilities	28,994	19,877	14,601	11,589	9,825	7,441	Upgrade
Long-Term Leases	16.39	31.25	31.18	43.3	41.31	30.42	Upgrade
Long-Term Unearned Revenue	325.67	303.06	291.42	264.55	267.27	248.09	Upgrade
Long-Term Deferred Tax Liabilities	329.19	355.36	246.74	257.7	233.91	194.63	Upgrade
Total Liabilities	29,665	20,566	15,171	12,154	10,367	7,915	Upgrade
Common Stock	1,125	1,125	1,125	1,125	1,125	360	Upgrade
Retained Earnings	16,853	19,049	14,617	11,182	5,932	9,355	Upgrade
Comprehensive Income & Other	8,424	8,398	8,343	8,435	8,435	167.07	Upgrade
Total Common Equity	26,401	28,571	24,084	20,742	15,492	9,882	Upgrade
Shareholders' Equity	26,401	28,571	24,084	20,742	15,492	9,882	Upgrade
Total Liabilities & Equity	56,066	49,137	39,255	32,896	25,859	17,796	Upgrade
Total Debt	3,946	3,210	2,525	2,590	2,469	1,036	Upgrade
Net Cash (Debt)	15,082	21,022	12,768	12,504	6,731	128.72	Upgrade
Net Cash Growth	-26.94%	64.64%	2.11%	85.77%	5129.48%	-93.65%	Upgrade
Net Cash Per Share	1.34	1.87	1.14	1.11	0.62	0.01	Upgrade
Filing Date Shares Outstanding	11,246	11,246	11,246	11,246	11,246	3,600	Upgrade
Total Common Shares Outstanding	11,246	11,246	11,246	11,246	11,246	3,600	Upgrade
Working Capital	-4,950	8,585	3,760	6,247	2,367	-3,069	Upgrade
Book Value Per Share	2.35	2.54	2.14	1.84	1.38	2.74	Upgrade
Tangible Book Value	26,328	28,497	24,026	20,677	15,434	9,822	Upgrade
Tangible Book Value Per Share	2.34	2.53	2.14	1.84	1.37	2.73	Upgrade
Buildings	-	6,211	5,250	4,931	4,665	4,185	Upgrade
Machinery	-	25,092	21,970	18,117	16,078	14,521	Upgrade
Construction In Progress	-	1,699	1,738	1,194	1,228	1,235	Upgrade
Leasehold Improvements	-	214.02	213.17	153.04	217.23	214.34	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.