Nanchang Mineral Systems Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	252.92	379.97	338.99	737.97	211.08	150.12
Short-Term Investments	68.5	108.41	211.69	-	-	-
Trading Asset Securities	275	100	50.03	-	-	-
Cash & Short-Term Investments	596.43	588.38	600.7	737.97	211.08	150.12
Cash Growth	19.39%	-2.05%	-18.60%	249.62%	40.60%	-21.81%
Accounts Receivable	546.58	620.53	537.33	521.75	447.99	327.66
Other Receivables	16.97	12.6	9.27	8.93	12.73	42.68
Receivables	563.55	633.13	546.6	530.68	460.72	370.34
Inventory	524.71	443.9	392.99	394.74	428.98	343.1
Other Current Assets	88.73	42.66	37.32	27.34	11.64	21.35
Total Current Assets	1,773	1,708	1,578	1,691	1,112	884.92
Property, Plant & Equipment	505.4	473.73	396.92	229.94	139.55	144.46
Long-Term Investments	74.74	74.8	54.35	-	-	-
Other Intangible Assets	54.29	54.97	44.31	49.54	47.37	11.54
Long-Term Accounts Receivable	7.53	4.98	15.37	-	-	-
Long-Term Deferred Tax Assets	53.41	51.78	33.62	21.99	16.84	10.66
Long-Term Deferred Charges	5.04	3.89	2.92	1.93	3.93	0.4
Other Long-Term Assets	9.82	11.12	15.97	47.67	14.11	2.59
Total Assets	2,484	2,383	2,141	2,042	1,334	1,055

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Accounts Payable	417.11	340.8	319.97	322.39	354.61	174.98
Accrued Expenses	28.36	36.28	28.04	32.69	39.95	41.82
Short-Term Debt	41.55	100.37	61.02	11.01	13.8	21.32
Current Portion of Long-Term Debt	24.1	14.04	1.01	0.02	2.01	64.91
Current Portion of Leases	2.53	4.26	4.4	1.38	1.53	1.93
Current Income Taxes Payable	1.58	6.21	6.62	6.35	11.34	18.1
Current Unearned Revenue	348.66	255.61	181.93	187.5	259.68	211.8
Other Current Liabilities	55.02	72.91	66.29	44.7	56.38	77.96
Total Current Liabilities	918.92	830.48	669.29	606.05	739.3	612.82
Long-Term Debt	97.59	82.32	33.83	18.88	18	-
Long-Term Leases	3.98	3.82	6.53	0.51	0.44	1.68
Long-Term Unearned Revenue	21.47	18.37	18.52	0.99	1.13	0.86
Long-Term Deferred Tax Liabilities	0.04	0.04	0.06	0.07	0.8	0.54
Other Long-Term Liabilities	4.76	4.57	4.58	5.94	5.13	4.61
Total Liabilities	1,047	939.59	732.81	632.44	764.81	620.5

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Common Stock	204	204	204	204	153	153
Additional Paid-In Capital	935.18	930.81	922.14	913.74	228.73	220.18
Retained Earnings	290.36	301.46	281.74	268	171.34	50.62
Treasury Stock	-30.05	-30.05	-30.05	-	-	-
Comprehensive Income & Other	7.01	7.65	10.36	8.66	6.65	5.36
Total Common Equity	1,406	1,414	1,388	1,394	559.72	429.16
Minority Interest	30.41	29.86	20.06	14.96	9.68	4.89
Shareholders' Equity	1,437	1,444	1,408	1,409	569.4	434.06
Total Liabilities & Equity	2,484	2,383	2,141	2,042	1,334	1,055

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Total Debt	169.75	204.81	106.8	31.81	35.79	89.84
Net Cash (Debt)	426.68	383.57	493.9	706.16	175.29	60.28
Net Cash Growth	10.31%	-22.34%	-30.06%	302.86%	190.78%	-46.66%
Net Cash Per Share	2.03	1.84	2.42	3.80	1.15	0.39
Filing Date Shares Outstanding	201.72	201.72	201.72	204	153	153
Total Common Shares Outstanding	201.72	201.72	201.72	204	153	153
Working Capital	854.5	877.59	908.31	1,085	373.11	272.1
Book Value Per Share	6.97	7.01	6.88	6.84	3.66	2.80
Tangible Book Value	1,352	1,359	1,344	1,345	512.35	417.63
Tangible Book Value Per Share	6.70	6.74	6.66	6.59	3.35	2.73
Buildings	284.73	281.54	111.16	110.18	110.18	110.22
Machinery	316.82	200.78	105.12	103.31	100.06	95.3
Construction In Progress	38.09	108.52	276.51	107.65	6.19	-