NARI Technology Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	6,932	7,323	9,033	16,750	14,744	12,509
Short-Term Investments	-	612.96	-	-	-	-
Trading Asset Securities	6,014	17,170	15,746	5,600	1,747	1,339
Cash & Short-Term Investments	12,946	25,107	24,779	22,350	16,491	13,848
Cash Growth	-35.92%	1.32%	10.87%	35.53%	19.08%	1.51%
Accounts Receivable	35,113	36,083	35,063	31,047	27,958	25,860
Other Receivables	292.81	1,533	1,671	2,103	1,670	1,431
Receivables	35,406	37,616	36,734	33,150	29,628	27,291
Inventory	17,009	13,058	11,334	9,804	8,294	7,868
Other Current Assets	9,583	6,149	2,754	2,118	1,775	2,707
Total Current Assets	74,944	81,930	75,601	67,422	56,188	51,713
Property, Plant & Equipment	9,032	8,791	9,405	10,492	11,698	12,542
Long-Term Investments	76.52	83.23	98	94.07	199.14	173.75
Goodwill	1.44	1.44	1.44	1.44	1.44	1.44
Other Intangible Assets	1,890	2,206	2,164	2,001	1,818	1,583
Long-Term Accounts Receivable	52.18	73.24	3,245	4,673	5,152	-
Long-Term Deferred Tax Assets	1,316	1,318	1,309	1,270	1,273	1,159
Long-Term Deferred Charges	403.25	67.59	65.63	73.49	52.4	54.48
Other Long-Term Assets	4,692	4,117	1,183	192.49	320.1	5,506
Total Assets	92,407	98,586	93,072	86,220	76,701	72,733

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	23,893	29,736	29,120	26,694	22,891	23,002
Accrued Expenses	310.34	737.4	886.94	614.85	643.23	457.62
Short-Term Debt	352.21	520.84	485.23	385.46	196.33	1,099
Current Portion of Long-Term Debt	71.14	0	95.91	0.01	1,015	15.72
Current Portion of Leases	-	36.41	76.96	147.81	103.84	50.53
Current Income Taxes Payable	764	321.59	422.84	395.15	356.98	355.96
Current Unearned Revenue	8,001	7,813	6,437	5,005	3,775	4,405
Other Current Liabilities	1,794	2,180	2,014	1,933	1,715	1,095
Total Current Liabilities	35,186	41,345	39,538	35,175	30,696	30,481
Long-Term Debt	7	21.1	21.1	29.1	2.41	1,203
Long-Term Leases	57.43	9.02	13.17	49.45	119.1	23.88
Long-Term Unearned Revenue	385.61	345.65	318.41	238.24	241.54	238.68
Long-Term Deferred Tax Liabilities	77.06	73.63	90.1	104.63	123.01	90.14
Other Long-Term Liabilities	354.38	332.18	254.14	157.63	160.46	154.36
Total Liabilities	36,068	42,126	40,235	35,754	31,343	32,191

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	8,032	8,032	8,033	8,033	6,695	5,545
Additional Paid-In Capital	7,942	7,908	7,907	7,755	8,953	9,210
Retained Earnings	38,020	38,124	34,498	32,268	27,700	23,515
Treasury Stock	-1,415	-1,410	-1,141	-852.31	-836.61	-223.67
Comprehensive Income & Other	-6.39	-6.25	-15.15	-13	-45.23	-49.59
Total Common Equity	52,573	52,646	49,281	47,190	42,466	37,997
Minority Interest	3,766	3,813	3,556	3,276	2,892	2,546
Shareholders' Equity	56,339	56,459	52,837	50,466	45,358	40,542
Total Liabilities & Equity	92,407	98,586	93,072	86,220	76,701	72,733

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	487.78	587.37	692.38	611.83	1,437	2,391
Net Cash (Debt)	12,458	24,519	24,087	21,739	15,054	11,457
Net Cash Growth	-36.09%	1.80%	10.80%	44.41%	31.40%	1.75%
Net Cash Per Share	1.56	3.08	3.01	2.73	1.89	1.44
Filing Date Shares Outstanding	7,981	7,987	8,054	7,891	8,034	7,985
Total Common Shares Outstanding	7,981	7,987	8,054	7,891	8,034	7,985
Working Capital	39,758	40,585	36,063	32,247	25,492	21,233
Book Value Per Share	6.59	6.59	6.12	5.98	5.29	4.76
Tangible Book Value	50,681	50,439	47,115	45,188	40,647	36,413
Tangible Book Value Per Share	6.35	6.32	5.85	5.73	5.06	4.56
Buildings	-	7,506	6,504	6,174	5,048	4,936
Machinery	-	5,951	7,654	8,997	9,800	9,531
Construction In Progress	-	483.66	1,039	1,314	2,531	2,823
Order Backlog	-	52,031	-	-	-	-