Nanjing Securities 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	22,372	22,073	1,045	1,025	1,753	1,133
Short-Term Investments	647.06	554.24	14,580	10,738	11,682	12,392
Trading Asset Securities	13,487	12,806	12,690	6,213	5,212	6,649
Accounts Receivable	14,476	14,115	9,835	8,533	7,346	7,955
Other Receivables	-	-	14.75	10.71	13.68	10.36
Property, Plant & Equipment	843.76	866.49	907.55	908.37	913.22	952.85
Goodwill	5.85	5.85	5.85	5.85	5.85	5.85
Other Intangible Assets	59.4	68.63	62.73	56.65	48.23	49
Investments in Debt & Equity Securities	33,288	33,965	10,830	13,960	18,404	18,587
Other Current Assets	9,750	6,550	18,993	16,179	5,337	3,144
Long-Term Deferred Tax Assets	122.3	127.02	109.17	98.59	112.61	84.74
Other Long-Term Assets	185.77	90.31	656.84	739.69	790.73	702.23
Total Assets	95,237	91,222	69,768	58,508	51,661	51,714
Accounts Payable	-	128.33	86.56	96.24	46.34	31.29
Accrued Expenses	24,443	21,109	17,101	11,872	12,102	12,167
Short-Term Debt	21,916	22,440	19,888	18,609	9,081	9,207
Current Portion of Long-Term Debt	-	-	6,274	3,978	9,305	8,760
Current Portion of Leases	-	-	30.51	26.49	21.04	24.84
Other Current Liabilities	125.35	78.12	659.97	879.45	60.16	70.35
Long-Term Debt	24,196	23,709	7,092	5,265	3,957	4,294
Long-Term Leases	67.78	72.82	47.06	51.83	55.36	54.34
Long-Term Unearned Revenue	8.76	6.65	6.91	5.02	5.87	18.68
Long-Term Deferred Tax Liabilities	184.54	91.26	221.31	156.46	32.97	110.4
Other Long-Term Liabilities	328.61	196.24	-	-	99.92	128.35
Total Liabilities	71,269	67,832	51,545	40,988	34,811	34,920
Common Stock	4,400	4,400	3,686	3,686	3,686	3,686
Additional Paid-In Capital	12,282	12,282	8,098	8,098	8,098	8,098
Retained Earnings	6,560	6,248	5,642	5,113	4,800	4,522
Comprehensive Income & Other	371.61	106.21	445.85	276.75	-74.65	137.99
Total Common Equity	23,613	23,036	17,872	17,174	16,509	16,444
Minority Interest	355.35	353.42	351.25	345.47	341.25	350.14
Shareholders' Equity	23,968	23,390	18,223	17,519	16,850	16,794
Total Liabilities & Equity	95,237	91,222	69,768	58,508	51,661	51,714
Total Debt	46,179	46,223	33,331	27,930	22,419	22,341
Net Cash (Debt)	-9,673	-10,790	-5,015	-9,954	-3,772	-2,166
Net Cash Per Share	-2.48	-2.90	-1.35	-2.65	-1.05	-0.60
Filing Date Shares Outstanding	4,185	3,907	3,686	3,686	3,686	3,686
Total Common Shares Outstanding	4,185	3,907	3,686	3,686	3,686	3,686
Working Capital	14,248	12,342	13,029	7,230	716.83	1,021
Book Value Per Share	5.64	5.90	4.85	4.66	4.48	4.46
Tangible Book Value	23,548	22,962	17,803	17,111	16,455	16,389
Tangible Book Value Per Share	5.63	5.88	4.83	4.64	4.46	4.45

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