North Chemical Industries 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	1,690	1,883	1,383	1,609	1,528	1,385
Trading Asset Securities	-	-	245.87	-	230	364
Cash & Short-Term Investments	1,690	1,883	1,629	1,609	1,758	1,749
Cash Growth	9.55%	15.56%	1.26%	-8.50%	0.55%	6.35%
Accounts Receivable	1,378	1,400	1,106	1,004	943.26	738.73
Other Receivables	31.08	30.5	35.37	31.95	27.1	19.64
Receivables	1,409	1,431	1,141	1,035	970.36	758.37
Inventory	383.46	339.4	353.95	433.37	428	494.05
Prepaid Expenses	-	-	-	-	-	1.17
Other Current Assets	34.71	21.5	25.49	34.85	46.21	83.94
Total Current Assets	3,517	3,674	3,150	3,113	3,203	3,086
Property, Plant & Equipment	1,133	1,127	1,029	1,078	1,137	1,046
Long-Term Investments	21.3	22.72	21.26	21.49	20.89	20.27
Other Intangible Assets	282.43	285.03	295.09	303.98	317.16	316.04
Long-Term Deferred Tax Assets	59.27	58.09	69.95	48.68	40.25	43.16
Long-Term Deferred Charges	0.05	0.06	0.09	0.12	0.63	2.46
Other Long-Term Assets	15.34	7.67	1.82	4.29	5.48	26.12
Total Assets	5,028	5,175	4,567	4,569	4,724	4,540
Accounts Payable	1,157	1,323	987.19	844.97	995.68	823.2
Accrued Expenses	99.2	128.97	104.24	131.97	146.36	118.54
Short-Term Debt	5.96	7.12	12.01	-	-	-
Current Portion of Long-Term Debt	8.24	0.03	-	-	-	-
Current Portion of Leases	-	6.39	3.03	6.19	9.13	3.09
Current Income Taxes Payable	35.48	19.42	8.44	0.97	-	4.79
Current Unearned Revenue	78.67	105.69	138.74	183.34	105.58	255.02
Other Current Liabilities	177.71	191.5	187.54	201.29	292.21	241.13
Total Current Liabilities	1,563	1,782	1,441	1,369	1,549	1,446
Long-Term Debt	51.48	48.09	-	-	-	-
Long-Term Leases	55.56	56.07	56.41	60.24	69.81	64.27
Long-Term Unearned Revenue	49.39	50.43	52.91	61.08	60.6	52.77
Other Long-Term Liabilities	23.38	24.99	18.13	22.04	9.3	68.04
Total Liabilities	1,742	1,962	1,569	1,512	1,689	1,631
Common Stock	549.03	549.03	549.03	549.03	549.03	549.03
Additional Paid-In Capital	1,119	1,119	1,119	1,115	1,115	1,053
Retained Earnings	1,452	1,380	1,153	1,209	1,181	1,112
Comprehensive Income & Other	7.81	6.74	8.33	7.91	9.83	9.79
Total Common Equity	3,128	3,055	2,829	2,881	2,855	2,724
Minority Interest	157.54	158.41	169.53	176.49	180.74	185.62
Shareholders' Equity	3,286	3,213	2,999	3,057	3,035	2,910
Total Liabilities & Equity	5,028	5,175	4,567	4,569	4,724	4,540
Total Debt	121.24	117.71	71.45	66.43	78.94	67.36
Net Cash (Debt)	1,569	1,765	1,558	1,542	1,679	1,681
Net Cash Growth	6.25%	13.30%	0.99%	-8.16%	-0.12%	2.25%
Net Cash Per Share	2.86	3.22	2.75	2.78	3.06	3.04
Filing Date Shares Outstanding	549.13	549.03	549.03	549.03	549.03	549.03
Total Common Shares Outstanding	549.13	549.03	549.03	549.03	549.03	549.03
Working Capital	1,955	1,892	1,709	1,744	1,654	1,640
Book Value Per Share	5.70	5.56	5.15	5.25	5.20	4.96
Tangible Book Value	2,846	2,770	2,534	2,577	2,537	2,408
Tangible Book Value Per Share	5.18	5.05	4.62	4.69	4.62	4.39
Buildings	-	674.52	633.64	718.47	712.65	601.78
Machinery	-	1,216	1,186	1,328	1,279	1,138
Construction In Progress	-	181.91	102.04	25.9	54.99	183.2

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