Nanjing Iron & Steel 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	4,842	6,344	6,286	9,290	11,758	7,250
Short-Term Investments	-	1,285	475.67	373.25	-	-
Trading Asset Securities	1,300	1,135	857.86	1,243	1,804	1,374
Cash & Short-Term Investments	6,142	8,763	7,620	10,907	13,562	8,624
Cash Growth	7.11%	15.01%	-30.14%	-19.58%	57.26%	23.86%
Accounts Receivable	9,114	7,497	7,035	7,096	7,256	7,205
Other Receivables	80.15	79.88	1,622	1,796	151.67	152.08
Receivables	9,195	7,577	8,657	8,893	7,408	7,357
Inventory	8,287	8,259	8,346	8,700	7,034	8,333
Other Current Assets	3,399	2,240	2,032	2,922	2,748	2,374
Total Current Assets	27,023	26,840	26,655	31,421	30,752	26,689
Property, Plant & Equipment	33,652	34,010	33,743	33,593	32,777	24,591
Long-Term Investments	1,588	3,664	2,965	2,469	3,399	4,471
Goodwill	369.36	369.36	369.36	369.36	1,763	481.12
Other Intangible Assets	3,999	3,997	4,185	4,308	4,876	4,124
Long-Term Accounts Receivable	-	1.62	3.19	18.59	72.43	36.46
Long-Term Deferred Tax Assets	671.5	684.55	844.71	680.48	536.03	414.1
Long-Term Deferred Charges	26.81	45.08	31.01	19.44	16.81	8.89
Other Long-Term Assets	2,813	331.54	310.27	296.38	483.81	846.66
Total Assets	70,142	69,943	69,107	73,177	74,675	61,661
Accounts Payable	8,241	7,988	6,720	11,974	12,094	12,130
Accrued Expenses	616.96	1,142	1,112	1,154	1,661	1,284
Short-Term Debt	17,593	16,253	14,444	10,552	12,749	6,555
Current Portion of Long-Term Debt	2,052	1,814	2,158	877.58	2,084	1,359
Current Portion of Leases	-	43.18	45.66	49.42	44.13	29.74
Current Income Taxes Payable	358.54	235.89	241.46	276.07	168.71	357.85
Current Unearned Revenue	3,961	3,946	4,071	4,787	3,853	4,055
Other Current Liabilities	1,891	3,050	3,088	4,176	3,589	2,256
Total Current Liabilities	34,714	34,473	31,880	33,846	36,242	28,026
Long-Term Debt	3,334	3,846	7,342	8,873	5,592	2,978
Long-Term Leases	92.94	93.19	328.64	440.61	194.62	113.61
Long-Term Unearned Revenue	838.94	802.42	731.37	665.73	719.18	526.71
Long-Term Deferred Tax Liabilities	279.16	307.03	347.69	367.17	521.9	439.73
Other Long-Term Liabilities	1,075	1,095	686.67	650.43	658.82	631.19
Total Liabilities	40,334	40,617	41,317	44,843	43,928	32,716
Common Stock	6,165	6,165	6,165	6,165	6,167	6,159
Additional Paid-In Capital	4,663	4,663	4,659	4,658	4,684	6,906
Retained Earnings	17,895	17,298	15,685	15,582	14,991	14,675
Treasury Stock	-	-	-	-	-5.54	-39.02
Comprehensive Income & Other	-495.2	-411.1	-481.23	137.21	234.49	205.26
Total Common Equity	28,228	27,715	26,028	26,543	26,071	27,906
Minority Interest	1,580	1,611	1,762	1,790	4,675	1,039
Shareholders' Equity	29,808	29,326	27,790	28,333	30,747	28,945
Total Liabilities & Equity	70,142	69,943	69,107	73,177	74,675	61,661
Total Debt	23,071	22,050	24,318	20,793	20,663	11,035
Net Cash (Debt)	-16,929	-13,287	-16,699	-9,886	-7,100	-2,411
Net Cash Per Share	-2.75	-2.16	-2.71	-1.60	-1.15	-0.39
Filing Date Shares Outstanding	6,162	6,165	6,165	6,165	6,157	6,147
Total Common Shares Outstanding	6,162	6,165	6,165	6,165	6,157	6,147
Working Capital	-7,692	-7,633	-5,225	-2,425	-5,491	-1,338
Book Value Per Share	4.58	4.50	4.22	4.31	4.23	4.54
Tangible Book Value	23,860	23,348	21,473	21,865	19,433	23,301
Tangible Book Value Per Share	3.87	3.79	3.48	3.55	3.16	3.79
Buildings	-	20,760	18,657	17,423	16,570	13,155
Machinery	-	39,924	38,310	36,113	33,837	28,986
Construction In Progress	-	2,128	3,969	5,166	6,061	4,802

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