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	Sep '26 Sep 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	341.03	379.97	338.99	737.97	211.08	150.12
Short-Term Investments	-	108.41	211.69	-	-	-
Trading Asset Securities	155.6	100	50.03	-	-	-
Cash & Short-Term Investments	496.63	588.38	600.7	737.97	211.08	150.12
Cash Growth	28.35%	-2.05%	-18.60%	249.62%	40.60%	-21.81%
Accounts Receivable	576.77	620.53	537.33	521.75	447.99	327.66
Other Receivables	14.05	12.6	9.27	8.93	12.73	42.68
Receivables	590.81	633.13	546.6	530.68	460.72	370.34
Inventory	637.78	443.9	392.99	394.74	428.98	343.1
Other Current Assets	158.47	42.66	37.32	27.34	11.64	21.35
Total Current Assets	1,884	1,708	1,578	1,691	1,112	884.92
Property, Plant & Equipment	501.38	473.73	396.92	229.94	139.55	144.46
Long-Term Investments	75.32	74.8	54.35	-	-	-
Other Intangible Assets	46.01	54.97	44.31	49.54	47.37	11.54
Long-Term Accounts Receivable	-	4.98	15.37	-	-	-
Long-Term Deferred Tax Assets	55.13	51.78	33.62	21.99	16.84	10.66
Long-Term Deferred Charges	5.98	3.89	2.92	1.93	3.93	0.4
Other Long-Term Assets	26.45	11.12	15.97	47.67	14.11	2.59
Total Assets	2,594	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	Sep '26 Sep 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	449.91	340.8	319.97	322.39	354.61	174.98
Accrued Expenses	16.45	36.28	28.04	32.69	39.95	41.82
Short-Term Debt	44.1	100.37	61.02	11.01	13.8	21.32
Current Portion of Long-Term Debt	26.36	14.04	1.01	0.02	2.01	64.91
Current Portion of Leases	-	4.26	4.4	1.38	1.53	1.93
Current Income Taxes Payable	9.25	6.21	6.62	6.35	11.34	18.1
Current Unearned Revenue	392.08	255.61	181.93	187.5	259.68	211.8
Other Current Liabilities	81.55	72.91	66.29	44.7	56.38	77.96
Total Current Liabilities	1,020	830.48	669.29	606.05	739.3	612.82
Long-Term Debt	90.02	82.32	33.83	18.88	18	-
Long-Term Leases	3.25	3.82	6.53	0.51	0.44	1.68
Long-Term Unearned Revenue	21.4	18.37	18.52	0.99	1.13	0.86
Long-Term Deferred Tax Liabilities	0.02	0.04	0.06	0.07	0.8	0.54
Other Long-Term Liabilities	4.24	4.57	4.58	5.94	5.13	4.61
Total Liabilities	1,139	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	Sep '26 Sep 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	938.28	930.81	922.14	913.74	228.73	220.18
Retained Earnings	300.84	301.46	281.74	268	171.34	50.62
Treasury Stock	-30.05	-30.05	-30.05	-	-	-
Comprehensive Income & Other	7.1	7.65	10.36	8.66	6.65	5.36
Total Common Equity	1,420	1,414	1,388	1,394	559.72	429.16
Minority Interest	35.16	29.86	20.06	14.96	9.68	4.89
Shareholders' Equity	1,455	1,444	1,408	1,409	569.4	434.06
Total Liabilities & Equity	2,594	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	Sep '26 Sep 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	163.72	204.81	106.8	31.81	35.79	89.84
Net Cash (Debt)	332.91	383.57	493.9	706.16	175.29	60.28
Net Cash Growth	48.78%	-22.34%	-30.06%	302.86%	190.78%	-46.66%
Net Cash Per Share	1.61	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	864	877.59	908.31	1,085	373.11	272.1
Book Value Per Share	7.04	7.01	6.88	6.84	3.66	2.80
Tangible Book Value	1,374	1,359	1,344	1,345	512.35	417.63
Tangible Book Value Per Share	6.81	6.74	6.66	6.59	3.35	2.73
Buildings	-	281.54	111.16	110.18	110.18	110.22
Machinery	-	200.78	105.12	103.31	100.06	95.3
Construction In Progress	-	108.52	276.51	107.65	6.19	-