Nanjing Tanker Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	4,894	4,391	3,071	2,093	1,186	1,602
Cash & Short-Term Investments	4,894	4,391	3,071	2,093	1,186	1,602
Cash Growth	2.69%	42.96%	46.73%	76.51%	-25.96%	95.76%
Accounts Receivable	777.64	773.83	736.06	924.2	567.03	515.79
Other Receivables	18.68	19.89	46.23	48.36	89.42	45.67
Receivables	796.32	793.72	782.29	972.56	656.45	561.46
Inventory	356.65	326.74	335.55	349.56	293.64	206.38
Other Current Assets	13.12	53.37	24.94	27.86	38.67	49.04
Total Current Assets	6,060	5,565	4,214	3,443	2,175	2,419
Property, Plant & Equipment	6,217	6,501	7,178	6,831	6,243	6,120
Other Intangible Assets	12.77	9.73	8.87	8.81	7.39	5.83
Long-Term Deferred Tax Assets	9.19	10.7	15.54	18.61	24.74	8.44
Long-Term Deferred Charges	224.74	221.48	228.78	215.1	235.19	164.62
Other Long-Term Assets	665.89	619.66	1.96	2.36	68.41	3.61
Total Assets	13,189	12,927	11,648	10,519	8,754	8,721
Accounts Payable	393.99	349.47	299.75	396.57	327.64	282.84
Accrued Expenses	170.91	199.47	150.01	124.06	113.16	117.13
Short-Term Debt	-	-	-	-	50.87	213.23
Current Portion of Long-Term Debt	311.66	341.97	242.45	676.03	662.41	403.62
Current Portion of Leases	-	6.68	62.59	71.46	114.15	-
Current Income Taxes Payable	88.15	46.64	57	66.59	13.88	5.76
Current Unearned Revenue	1.73	7.42	13.91	13.93	11.79	14.51
Other Current Liabilities	92.53	62.42	19.23	16.43	2.16	3.2
Total Current Liabilities	1,059	1,014	844.94	1,365	1,296	1,040
Long-Term Debt	467.73	912.28	1,249	1,070	1,192	1,758
Long-Term Leases	-	-	378.03	517.23	329.97	59.7
Long-Term Unearned Revenue	-	-	-	2.3	1.63	0.84
Pension & Post-Retirement Benefits	-	5.57	5.77	5.75	5.94	6.17
Other Long-Term Liabilities	22.29	17.83	20.7	25.88	26.5	9.02
Total Liabilities	1,549	1,950	2,498	2,986	2,852	2,874
Common Stock	4,802	4,802	4,853	4,853	4,853	4,942
Additional Paid-In Capital	4,053	4,053	4,053	4,053	4,053	4,053
Retained Earnings	2,785	1,838	16.01	-1,542	-2,975	-3,157
Comprehensive Income & Other	88.7	132.05	80.32	32.81	-160.92	-113.92
Total Common Equity	11,478	10,825	9,002	7,397	5,769	5,724
Minority Interest	162.01	152.72	147.53	136.11	132.2	123.24
Shareholders' Equity	11,640	10,977	9,149	7,533	5,901	5,847
Total Liabilities & Equity	13,189	12,927	11,648	10,519	8,754	8,721
Total Debt	779.38	1,261	1,932	2,334	2,349	2,434
Net Cash (Debt)	4,114	3,130	1,140	-241.18	-1,164	-832.86
Net Cash Growth	27.86%	174.64%	-	-	-	-
Net Cash Per Share	0.86	0.65	0.23	-0.05	-0.24	-0.17
Filing Date Shares Outstanding	4,802	4,802	4,853	4,853	4,853	4,942
Total Common Shares Outstanding	4,802	4,802	4,853	4,853	4,853	4,942
Working Capital	5,001	4,550	3,369	2,078	878.53	1,378
Book Value Per Share	2.39	2.25	1.85	1.52	1.19	1.16
Tangible Book Value	11,465	10,815	8,993	7,388	5,762	5,718
Tangible Book Value Per Share	2.39	2.25	1.85	1.52	1.19	1.16
Machinery	-	12,313	11,835	10,867	10,328	-
Construction In Progress	-	46.84	20.62	275.47	208.97	-

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