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 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	203.65	280.87	234.61	493.05	536.46	182.9
Trading Asset Securities	198.19	185.76	120.57	-	-	-
Cash & Short-Term Investments	401.83	466.63	355.19	493.05	536.46	182.9
Cash Growth	-3.02%	31.38%	-27.96%	-8.09%	193.31%	-13.85%
Accounts Receivable	192.78	149.17	110.28	82.94	93.66	27.76
Other Receivables	0.64	0.29	2.94	2.77	2.12	2.78
Receivables	193.41	149.46	113.22	165.71	95.78	30.55
Inventory	159.96	152.63	178.79	120.91	165.39	164.94
Other Current Assets	43.32	46	38.05	63.5	77.67	58
Total Current Assets	798.52	814.71	685.24	843.16	875.3	436.39
Property, Plant & Equipment	544.89	536.82	482.82	403.21	311.85	124.42
Long-Term Investments	105.31	104.94	102.79	50.2	50.2	50.2
Goodwill	0.98	0.98	0.98	0.98	0.98	0.98
Other Intangible Assets	39.33	39.95	40	42.06	41.99	27.39
Long-Term Deferred Tax Assets	9.07	7.44	5.06	4.52	3.78	3.03
Long-Term Deferred Charges	0.57	0.73	0.68	1.12	-	-
Other Long-Term Assets	87.25	84.52	68.5	8.23	7.77	7.98
Total Assets	1,586	1,590	1,386	1,353	1,292	650.38
Accounts Payable	264.17	243.15	255.33	125.87	122.97	33.57
Accrued Expenses	17.44	30.62	29.16	27.35	30.22	23.79
Short-Term Debt	10.01	10.01	-	-	-	15.02
Current Portion of Long-Term Debt	3.57	3.77	-	18.18	-	-
Current Portion of Leases	-	-	0.29	0.11	0.11	0.13
Current Income Taxes Payable	11.15	8.72	2.93	2.54	11.58	8.33
Current Unearned Revenue	68.76	98.79	98.6	98.63	96.31	92.56
Other Current Liabilities	37.04	42	19.47	2.77	1.97	3.27
Total Current Liabilities	412.14	437.05	405.76	275.44	263.14	176.67
Long-Term Debt	133.28	133.28	-	112.18	92.69	10.01
Long-Term Leases	0.29	0.3	0.67	0.42	0.51	0.21
Long-Term Unearned Revenue	10.24	9.47	5.25	5.61	5.85	1.47
Long-Term Deferred Tax Liabilities	0.45	0.4	2.93	4.22	4.3	3.75
Other Long-Term Liabilities	2.98	2.97	2.49	2.73	1.42	3.33
Total Liabilities	559.38	583.46	417.11	400.6	367.92	195.44
Common Stock	99.94	99.94	100	100	100	75
Additional Paid-In Capital	538.34	536.75	533.32	533.32	533.32	181.5
Retained Earnings	404.35	385.03	334.83	286.24	253.93	160.22
Treasury Stock	-21.26	-21.26	-22.19	-	-	-
Comprehensive Income & Other	1.9	1.49	14.25	21.25	21.25	21.25
Total Common Equity	1,023	1,002	960.22	940.81	908.5	437.96
Minority Interest	3.29	4.69	8.75	12.07	15.46	16.98
Shareholders' Equity	1,027	1,007	968.97	952.88	923.96	454.94
Total Liabilities & Equity	1,586	1,590	1,386	1,353	1,292	650.38
Total Debt	147.15	147.36	0.96	130.89	93.31	25.37
Net Cash (Debt)	254.68	319.27	354.23	362.16	443.15	157.53
Net Cash Growth	-7.95%	-9.87%	-2.19%	-18.27%	181.31%	-18.07%
Net Cash Per Share	2.60	3.26	3.55	3.60	5.34	2.10
Filing Date Shares Outstanding	96.63	93.45	98.57	100	100	75
Total Common Shares Outstanding	96.63	93.45	98.57	100	100	75
Working Capital	386.39	377.66	279.48	567.72	612.15	259.72
Book Value Per Share	10.59	10.72	9.74	9.41	9.09	5.84
Tangible Book Value	982.95	961	919.24	897.77	865.53	409.59
Tangible Book Value Per Share	10.17	10.28	9.33	8.98	8.66	5.46
Buildings	-	-	188.4	176.23	156.46	84.15
Machinery	-	-	247.81	78.37	70.53	64.41
Construction In Progress	-	-	146.96	236.22	159.48	44.36

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