North Copper 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	694.66	890.1	911.43	1,261	1,175	2,186
Short-Term Investments	-	-	-	12.99	-	-
Trading Asset Securities	-	-	-	-	-	100
Cash & Short-Term Investments	694.66	890.1	911.43	1,274	1,175	2,286
Cash Growth	-46.61%	-2.34%	-28.48%	8.48%	-48.61%	602.71%
Accounts Receivable	58.48	57.94	47.4	3.41	0.55	178.87
Other Receivables	379.6	2.81	18.98	6.21	82.4	418.29
Receivables	438.08	60.75	66.38	9.62	82.95	597.16
Inventory	8,310	6,430	4,832	1,677	2,693	2,110
Prepaid Expenses	-	0.63	-	-	0	1.65
Other Current Assets	883.2	1,432	1,083	571.75	583.07	582.34
Total Current Assets	10,326	8,814	6,893	3,533	4,534	5,577
Property, Plant & Equipment	8,471	8,564	8,069	5,691	4,111	3,983
Long-Term Investments	-	-	-	-	-	149.76
Other Intangible Assets	508	440.72	426.56	439.76	230.39	117.92
Long-Term Deferred Tax Assets	106	108.58	21.77	14.31	20.7	10.92
Long-Term Deferred Charges	1.28	-	-	-	-	11.83
Other Long-Term Assets	58.58	73.44	65	605.68	201.92	8.76
Total Assets	19,471	18,001	15,476	10,284	9,098	9,859
Accounts Payable	1,570	2,003	1,911	515.92	260.87	903.26
Accrued Expenses	44	183.51	140.52	101.01	63.79	140
Short-Term Debt	2,962	1,323	1,720	180.45	807.27	1,999
Current Portion of Long-Term Debt	1,623	1,716	488.44	890.24	1,801	1,013
Current Portion of Leases	-	13.81	12.89	12.07	11.54	-
Current Income Taxes Payable	136.84	68.44	63.7	3.61	87.6	19.88
Current Unearned Revenue	51.57	47.38	15.26	12.1	9.79	30
Other Current Liabilities	422.06	282.97	735.4	84.29	63.95	62.29
Total Current Liabilities	6,810	5,638	5,087	1,800	3,105	4,167
Long-Term Debt	5,675	5,771	5,169	2,829	1,701	2,456
Long-Term Leases	53.65	49.54	63.51	69.66	81.73	-
Long-Term Unearned Revenue	112.81	47.59	41.67	18.02	4.73	9.44
Long-Term Deferred Tax Liabilities	0	-	0.11	0.07	-	25.17
Other Long-Term Liabilities	161.69	262.45	198.45	988.7	105.31	103.74
Total Liabilities	12,813	11,769	10,560	5,705	4,999	6,762
Common Stock	1,905	1,905	1,772	1,772	1,772	548.76
Additional Paid-In Capital	2,734	2,734	1,997	2,300	1,923	2,948
Retained Earnings	2,039	1,559	1,124	493.17	339.83	-582.74
Comprehensive Income & Other	-19.55	34.77	22.9	13.31	64.27	172.8
Total Common Equity	6,658	6,232	4,916	4,579	4,099	3,087
Minority Interest	-	-	-	-	-	10.77
Shareholders' Equity	6,658	6,232	4,916	4,579	4,099	3,097
Total Liabilities & Equity	19,471	18,001	15,476	10,284	9,098	9,859
Total Debt	10,314	8,873	7,454	3,981	4,403	5,468
Net Cash (Debt)	-9,619	-7,983	-6,543	-2,707	-3,228	-3,182
Net Cash Per Share	-5.15	-4.51	-3.70	-1.53	-1.91	-1.88
Filing Date Shares Outstanding	1,905	1,905	1,772	1,772	1,772	548.76
Total Common Shares Outstanding	1,905	1,905	1,772	1,772	1,772	548.76
Working Capital	3,516	3,176	1,807	1,734	1,429	1,410
Book Value Per Share	3.50	3.27	2.77	2.58	2.31	5.62
Tangible Book Value	6,150	5,792	4,489	4,139	3,869	2,969
Tangible Book Value Per Share	3.23	3.04	2.53	2.34	2.18	5.41
Buildings	-	5,557	4,147	3,093	2,952	2,863
Machinery	-	5,388	4,439	1,823	2,509	3,129
Construction In Progress	-	664.6	2,121	2,212	622.32	430.93

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