Jiangsu Nanfang Medical 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	42.98	25.86	50	95.67	127.82	152.82
Trading Asset Securities	22.5	22.5	22.52	22.52	21.23	20
Cash & Short-Term Investments	65.48	48.35	72.53	118.2	149.04	172.82
Cash Growth	18.68%	-33.33%	-38.64%	-20.70%	-13.76%	-46.86%
Accounts Receivable	127.56	126.56	124.98	156.53	170.34	139.51
Other Receivables	3.38	3.33	5.41	9.65	50.07	13.6
Receivables	130.94	129.9	130.39	166.18	220.41	153.11
Inventory	114.19	138.82	188.9	267.58	289.1	216.81
Other Current Assets	6.1	4.93	8.46	17.58	19.79	45.15
Total Current Assets	316.71	322	400.28	569.54	678.35	587.89
Property, Plant & Equipment	444.58	455.74	496.51	557.57	632.16	518.73
Long-Term Investments	65.41	63.22	63.11	61.72	60.57	59.75
Other Intangible Assets	40.39	40.78	42.33	39.64	40.37	36.18
Long-Term Deferred Tax Assets	39.87	39.43	48.37	38.63	36.82	22.2
Long-Term Deferred Charges	5.33	5.83	4.87	5.43	6.95	9.07
Other Long-Term Assets	0.37	0.95	1.08	4.8	2.23	1.37
Total Assets	912.66	927.94	1,057	1,277	1,457	1,235
Accounts Payable	245.76	245.8	223.1	215.41	278.03	170.86
Accrued Expenses	8.86	9.98	15.93	10.71	16.83	15.24
Short-Term Debt	339.82	344.95	451.93	452.03	430.87	352.23
Current Portion of Long-Term Debt	37.03	35.06	23.45	16.47	24.84	-
Current Portion of Leases	-	-	0.42	0.4	0.56	0.11
Current Income Taxes Payable	8.64	7.18	0.03	0.05	0.14	2.28
Current Unearned Revenue	12.59	8.7	5.31	6.13	5.24	4.72
Other Current Liabilities	7.43	11.71	20.09	90.72	51.19	39.62
Total Current Liabilities	660.14	663.38	740.26	791.92	807.7	585.06
Long-Term Debt	67	73.83	21.13	-	16.59	-
Long-Term Leases	-	-	-	0.42	0.64	1.45
Long-Term Unearned Revenue	7.78	7.94	8.58	7.58	8.06	8.55
Long-Term Deferred Tax Liabilities	0.97	1.05	2.16	3.19	2.98	2.93
Other Long-Term Liabilities	0.57	0.57	-	-	-	0.9
Total Liabilities	736.45	746.77	772.14	803.11	835.96	598.9
Common Stock	289.04	289.04	289.04	292.47	292.47	292.47
Additional Paid-In Capital	106.24	106.24	106.24	120.75	120.75	120.75
Retained Earnings	-223.19	-218.1	-116.38	74.28	221.7	236.35
Treasury Stock	-	-	-	-18.6	-18.6	-18.6
Comprehensive Income & Other	-	-	0.39	0.36	0.34	0.21
Total Common Equity	172.1	177.19	279.29	469.27	616.66	631.18
Minority Interest	4.1	3.98	5.12	4.95	4.82	5.11
Shareholders' Equity	176.2	181.17	284.41	474.22	621.48	636.3
Total Liabilities & Equity	912.66	927.94	1,057	1,277	1,457	1,235
Total Debt	443.85	453.84	496.93	469.32	473.5	353.8
Net Cash (Debt)	-378.37	-405.48	-424.41	-351.13	-324.46	-180.98
Net Cash Per Share	-1.31	-1.40	-1.45	-1.21	-1.11	-0.64
Filing Date Shares Outstanding	282.8	292.82	289.04	292.47	292.47	292.47
Total Common Shares Outstanding	282.8	292.82	289.04	292.47	292.47	292.47
Working Capital	-343.42	-341.38	-339.98	-222.39	-129.35	2.83
Book Value Per Share	0.61	0.61	0.97	1.60	2.11	2.16
Tangible Book Value	131.71	136.41	236.95	429.63	576.29	595.01
Tangible Book Value Per Share	0.47	0.47	0.82	1.47	1.97	2.03
Buildings	-	-	457.79	437.75	420.73	296.04
Machinery	-	-	288.77	326.25	325	235.84
Construction In Progress	-	-	7.22	8.67	54.04	114.65

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