Nanhua Futures 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	2,529	2,514	1,920	1,947	1,897	1,863
Short-Term Investments	37,109	31,311	18,583	15,668	14,686	9,696
Trading Asset Securities	3,912	2,388	3,846	3,192	1,734	1,524
Other Receivables	126.34	71.9	338.79	200.45	205.35	125.97
Property, Plant & Equipment	263.99	264.34	274.2	266.35	284.05	170.92
Other Intangible Assets	153.22	156.25	161.51	164.16	164.93	175.26
Investments in Debt & Equity Securities	52.06	50.62	36.23	35.66	32.76	45.37
Other Current Assets	19,731	11,862	10,986	12,506	10,743	8,260
Long-Term Deferred Tax Assets	16.22	2.46	7.53	7.46	-	-
Other Long-Term Assets	185.8	17.7	18.74	15.66	66.03	127.46
Total Assets	64,079	48,863	36,326	34,189	30,065	22,314
Accounts Payable	1.31	5.64	36.35	0.56	43.98	121.68
Accrued Expenses	332.79	375.59	244.11	330.84	309.25	321.92
Short-Term Debt	1,464	1,083	2,446	2,278	1,484	1,481
Current Portion of Leases	16.08	18.35	14.98	13.75	19.59	-
Other Current Liabilities	57,050	42,464	29,082	27,369	24,799	17,721
Long-Term Debt	503.61	511.61	510.95	510.29	-	-
Long-Term Leases	20.14	18.21	14.79	23.14	21.8	-
Long-Term Unearned Revenue	1.52	21.44	29.61	116.06	-	-
Long-Term Deferred Tax Liabilities	0.8	2.14	2.71	18.97	13.58	2.1
Other Long-Term Liabilities	236.94	225.09	210.68	189.35	170.77	150.54
Total Liabilities	59,674	44,739	32,613	30,864	27,010	19,838
Common Stock	610.07	610.07	610.07	610.07	610.07	580
Additional Paid-In Capital	1,191	1,191	1,191	1,191	1,191	861.46
Retained Earnings	2,580	2,275	1,857	1,489	1,268	1,016
Comprehensive Income & Other	63.68	89.78	45.51	26.39	-30.88	-1.1
Total Common Equity	4,395	4,115	3,703	3,317	3,038	2,457
Minority Interest	10	9.59	9.54	8.48	17.82	19.21
Shareholders' Equity	4,405	4,125	3,713	3,325	3,055	2,476
Total Liabilities & Equity	64,079	48,863	36,326	34,189	30,065	22,314
Total Debt	2,004	1,631	2,987	2,825	1,526	1,481
Net Cash (Debt)	41,547	34,583	21,362	17,981	16,791	11,602
Net Cash Growth	43.61%	61.89%	18.80%	7.09%	44.73%	71.21%
Net Cash Per Share	68.22	56.69	35.09	29.47	27.87	20.01
Filing Date Shares Outstanding	604.38	604.38	610.07	641.46	610.07	580
Total Common Shares Outstanding	604.38	604.38	610.07	641.46	610.07	580
Working Capital	4,496	4,393	3,944	3,658	2,690	2,110
Book Value Per Share	7.27	6.81	6.07	5.17	4.98	4.24
Tangible Book Value	4,241	3,959	3,542	3,152	2,873	2,281
Tangible Book Value Per Share	7.02	6.55	5.81	4.91	4.71	3.93

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.