Nanhua Futures 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	3,631	3,393	2,514	1,920	1,947	1,897
Short-Term Investments	40,820	36,998	31,311	18,583	15,668	14,686
Trading Asset Securities	5,319	4,423	2,569	3,846	3,192	1,734
Other Receivables	156.92	137.13	71.9	338.79	200.45	205.35
Property, Plant & Equipment	264.55	269.51	264.34	274.2	266.35	284.05
Other Intangible Assets	153.62	153.14	156.25	161.51	164.16	164.93
Investments in Debt & Equity Securities	44.3	43.82	50.62	36.23	35.66	32.76
Other Current Assets	27,398	20,016	11,862	10,986	12,506	10,743
Long-Term Deferred Tax Assets	9.05	0	2.46	7.53	7.46	-
Other Long-Term Assets	324.82	16.65	17.7	18.74	15.66	66.03
Total Assets	78,121	65,473	48,863	36,326	34,189	30,065
Accounts Payable	79.4	0.09	5.64	36.35	0.56	43.98
Accrued Expenses	307.2	326.7	375.93	244.11	330.84	309.25
Short-Term Debt	771	685.23	464.78	2,446	2,278	1,484
Current Portion of Leases	17.53	18.29	18.35	14.98	13.75	19.59
Other Current Liabilities	70,362	58,034	43,081	29,082	27,369	24,799
Long-Term Debt	511.95	507.78	511.61	510.95	510.29	-
Long-Term Leases	22.9	26.21	18.21	14.79	23.14	21.8
Long-Term Unearned Revenue	1.39	1.08	1.06	29.61	116.06	-
Long-Term Deferred Tax Liabilities	0.01	1.02	2.14	2.71	18.97	13.58
Other Long-Term Liabilities	244.59	240.37	225.09	210.68	189.35	170.77
Total Liabilities	72,354	59,867	44,739	32,613	30,864	27,010
Common Stock	717.72	717.72	610.07	610.07	610.07	610.07
Additional Paid-In Capital	2,183	2,183	1,191	1,191	1,191	1,191
Retained Earnings	2,920	2,715	2,275	1,857	1,489	1,268
Comprehensive Income & Other	-13.65	29.86	89.78	45.51	26.39	-30.88
Total Common Equity	5,757	5,596	4,115	3,703	3,317	3,038
Minority Interest	10.67	9.98	9.59	9.54	8.48	17.82
Shareholders' Equity	5,768	5,606	4,125	3,713	3,325	3,055
Total Liabilities & Equity	78,121	65,473	48,863	36,326	34,189	30,065
Total Debt	1,323	1,238	1,013	2,987	2,825	1,526
Net Cash (Debt)	48,447	43,577	35,381	21,362	17,981	16,791
Net Cash Growth	112.82%	23.16%	65.62%	18.80%	7.09%	44.73%
Net Cash Per Share	76.75	71.69	57.94	35.09	29.47	27.87
Filing Date Shares Outstanding	604.38	712.04	604.38	610.07	641.46	610.07
Total Common Shares Outstanding	604.38	712.04	604.38	610.07	641.46	610.07
Working Capital	5,752	5,879	4,373	3,944	3,658	2,690
Book Value Per Share	9.53	7.86	6.81	6.07	5.17	4.98
Tangible Book Value	5,603	5,443	3,959	3,542	3,152	2,873
Tangible Book Value Per Share	9.27	7.64	6.55	5.81	4.91	4.71

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