Norsyn Crop Technology 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	108.94	234.61	493.05	536.46	182.9	197.31
Trading Asset Securities	132.24	120.57	-	-	-	15
Cash & Short-Term Investments	241.18	355.19	493.05	536.46	182.9	212.31
Cash Growth	-40.92%	-27.96%	-8.09%	193.31%	-13.85%	48.44%
Accounts Receivable	240.34	110.28	82.94	93.66	27.76	36.45
Other Receivables	1.53	2.94	2.77	2.12	2.78	3.69
Receivables	241.87	113.22	165.71	95.78	30.55	40.14
Inventory	149.42	178.79	120.91	165.39	164.94	139.97
Other Current Assets	40.27	38.05	63.5	77.67	58	37.98
Total Current Assets	672.74	685.24	843.16	875.3	436.39	430.39
Property, Plant & Equipment	529.29	482.82	403.21	311.85	124.42	88.88
Long-Term Investments	121.33	102.79	50.2	50.2	50.2	0.2
Goodwill	0.98	0.98	0.98	0.98	0.98	0.98
Other Intangible Assets	39.92	40	42.06	41.99	27.39	13.44
Long-Term Deferred Tax Assets	7.12	5.06	4.52	3.78	3.03	2.06
Long-Term Deferred Charges	0.89	0.68	1.12	-	-	-
Other Long-Term Assets	83.11	68.5	8.23	7.77	7.98	6.49
Total Assets	1,455	1,386	1,353	1,292	650.38	542.44
Accounts Payable	193.68	255.33	125.87	122.97	33.57	32.68
Accrued Expenses	26.96	29.16	27.35	30.22	23.79	18.93
Short-Term Debt	10.01	-	-	-	15.02	10.01
Current Portion of Long-Term Debt	-	-	18.18	-	-	10.01
Current Portion of Leases	2.08	0.29	0.11	0.11	0.13	-
Current Income Taxes Payable	3.98	2.93	2.54	11.58	8.33	7.2
Current Unearned Revenue	40.44	98.6	98.63	96.31	92.56	94.84
Other Current Liabilities	38.58	19.47	2.77	1.97	3.27	2.62
Total Current Liabilities	315.73	405.76	275.44	263.14	176.67	176.29
Long-Term Debt	134.99	-	112.18	92.69	10.01	-
Long-Term Leases	0.44	0.67	0.42	0.51	0.21	-
Long-Term Unearned Revenue	4.75	5.25	5.61	5.85	1.47	1.13
Long-Term Deferred Tax Liabilities	2.88	2.93	4.22	4.3	3.75	-
Other Long-Term Liabilities	2.06	2.49	2.73	1.42	3.33	3.95
Total Liabilities	460.85	417.11	400.6	367.92	195.44	181.38
Common Stock	100	100	100	100	75	75
Additional Paid-In Capital	536.92	533.32	533.32	533.32	181.5	181.5
Retained Earnings	360.09	334.83	286.24	253.93	160.22	92.7
Treasury Stock	-22.19	-22.19	-	-	-	-
Comprehensive Income & Other	14.26	14.25	21.25	21.25	21.25	-
Total Common Equity	989.08	960.22	940.81	908.5	437.96	349.2
Minority Interest	5.45	8.75	12.07	15.46	16.98	11.87
Shareholders' Equity	994.52	968.97	952.88	923.96	454.94	361.06
Total Liabilities & Equity	1,455	1,386	1,353	1,292	650.38	542.44
Total Debt	147.52	0.96	130.89	93.31	25.37	20.03
Net Cash (Debt)	93.67	354.23	362.16	443.15	157.53	192.28
Net Cash Growth	-67.21%	-2.19%	-18.27%	181.31%	-18.07%	70.19%
Net Cash Per Share	0.94	3.55	3.60	5.34	2.10	2.56
Filing Date Shares Outstanding	98.57	98.57	100	100	75	75
Total Common Shares Outstanding	98.57	98.57	100	100	75	75
Working Capital	357	279.48	567.72	612.15	259.72	254.1
Book Value Per Share	10.03	9.74	9.41	9.09	5.84	4.66
Tangible Book Value	948.18	919.24	897.77	865.53	409.59	334.78
Tangible Book Value Per Share	9.62	9.33	8.98	8.66	5.46	4.46
Buildings	-	188.4	176.23	156.46	84.15	84.15
Machinery	-	247.81	78.37	70.53	64.41	63.58
Construction In Progress	-	146.96	236.22	159.48	44.36	2.39

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