China Nerin Engineering 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	2,083	1,642	1,591	1,433	1,235	1,045
Short-Term Investments	-	-	-	-	-	70.81
Trading Asset Securities	-	-	1.75	-	-	40.2
Cash & Short-Term Investments	2,083	1,642	1,592	1,433	1,235	1,156
Cash Growth	30.82%	3.13%	11.11%	16.08%	6.83%	-0.32%
Accounts Receivable	1,512	1,691	1,646	1,087	1,022	929.65
Other Receivables	23.2	11.81	7.44	34.33	28.99	124.65
Receivables	1,535	1,704	1,654	1,121	1,051	1,054
Inventory	1,047	1,223	1,159	680.26	295.47	281.8
Prepaid Expenses	-	0	0	-	-	-
Other Current Assets	113.61	91.25	331.81	462.78	305.09	88.7
Total Current Assets	4,779	4,660	4,737	3,698	2,886	2,581
Property, Plant & Equipment	239.44	211.31	212.35	210.75	181.29	178.97
Long-Term Investments	101.46	100.18	96.9	121.6	197.14	207.67
Other Intangible Assets	55.33	56.68	58.16	60.51	53.45	55.05
Long-Term Accounts Receivable	3.25	3.87	-	-	-	-
Long-Term Deferred Tax Assets	97.52	86.79	76.74	69.47	64.45	55.3
Long-Term Deferred Charges	0.5	0.02	0.06	0.3	0.6	0.81
Other Long-Term Assets	67.57	76.76	73.36	72.31	67.4	68.23
Total Assets	5,345	5,196	5,255	4,233	3,450	3,147
Accounts Payable	970.97	1,217	1,274	980.67	708.6	668.2
Accrued Expenses	227.97	345.24	346.77	331.53	305.57	342.87
Short-Term Debt	10	8	11.14	6.05	1.93	-
Current Portion of Leases	-	2.19	2.73	-	-	-
Current Income Taxes Payable	63.07	6.78	11.26	22.21	20.48	19.61
Current Unearned Revenue	1,428	1,498	1,558	970.99	557.69	397.61
Other Current Liabilities	88.59	109.5	111.52	107.91	108.94	94.7
Total Current Liabilities	2,789	3,186	3,316	2,419	1,703	1,523
Long-Term Leases	5.16	2.74	2.84	3.59	3.14	-
Long-Term Unearned Revenue	3.58	4.35	3.1	2.54	3.02	1.75
Long-Term Deferred Tax Liabilities	2.14	1.98	2.11	2.91	2.16	1.96
Other Long-Term Liabilities	88.46	108.75	137.04	102.77	134.51	126.34
Total Liabilities	2,888	3,304	3,461	2,531	1,846	1,653
Common Stock	120	90	90	90	90	90
Additional Paid-In Capital	1,550	1,045	1,041	1,036	1,030	1,023
Retained Earnings	753	724.68	631.17	541.53	451.9	355.21
Comprehensive Income & Other	21.1	20.43	17.9	22.84	21.86	17.33
Total Common Equity	2,444	1,880	1,780	1,691	1,594	1,485
Minority Interest	12.53	11.81	13.92	10.7	10.66	8.49
Shareholders' Equity	2,456	1,892	1,794	1,701	1,604	1,494
Total Liabilities & Equity	5,345	5,196	5,255	4,233	3,450	3,147
Total Debt	15.16	12.93	16.71	9.63	5.07	-
Net Cash (Debt)	2,068	1,629	1,576	1,424	1,230	1,156
Net Cash Growth	31.24%	3.40%	10.68%	15.77%	6.39%	-0.32%
Net Cash Per Share	20.15	18.11	17.55	15.86	13.63	12.87
Filing Date Shares Outstanding	120	90	90	89.78	90	89.77
Total Common Shares Outstanding	120	90	90	89.78	90	89.77
Working Capital	1,991	1,474	1,421	1,278	1,183	1,058
Book Value Per Share	20.37	20.89	19.77	18.83	17.71	16.54
Tangible Book Value	2,389	1,823	1,721	1,630	1,540	1,430
Tangible Book Value Per Share	19.91	20.26	19.13	18.16	17.11	15.93
Buildings	-	277.99	249.59	257.22	246.63	245.6
Machinery	-	128.3	127.94	129.75	114.89	107.62
Construction In Progress	-	18.11	38.9	14.97	-	-

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