Fujian Nanping Sun Cable 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	Dec '21 Dec 31, 2021
Cash & Equivalents	782.06	876.38	684.26	636.23	640.78	541.97
Short-Term Investments	-	5.23	40.64	10.2	5.03	-
Trading Asset Securities	2.55	43.89	0.98	1.03	2.81	1.72
Cash & Short-Term Investments	784.61	925.5	725.87	647.46	648.63	543.69
Cash Growth	23.82%	27.50%	12.11%	-0.18%	19.30%	-11.34%
Accounts Receivable	1,587	1,687	1,748	1,997	1,868	1,571
Other Receivables	78.04	204.69	197.39	116.4	62.67	40.62
Receivables	1,665	1,892	1,945	2,113	1,931	1,611
Inventory	1,131	1,001	911.67	977.64	799.66	605.72
Other Current Assets	415.78	13.6	27.61	33.9	28.39	15.63
Total Current Assets	3,997	3,832	3,610	3,772	3,408	2,776
Property, Plant & Equipment	2,106	2,096	2,085	1,924	1,418	1,209
Long-Term Investments	75.3	84.81	93.42	114.51	119.59	114.48
Other Intangible Assets	331.13	333.51	338.94	347.96	241.77	200.89
Long-Term Deferred Tax Assets	46.54	44.1	50.88	55.34	40.26	38.93
Long-Term Deferred Charges	3.89	4.57	4.66	6.4	8.58	9.58
Other Long-Term Assets	3.04	2.92	6.39	45.31	172.28	28.61
Total Assets	6,563	6,398	6,189	6,265	5,408	4,377
Accounts Payable	1,074	893.75	779.1	669.72	595.2	287.45
Accrued Expenses	15.55	78.38	83.14	98.26	70.3	74.47
Short-Term Debt	1,551	1,473	1,461	1,219	984.72	655.9
Current Portion of Long-Term Debt	123.13	48.37	21.14	9.91	314.86	123.77
Current Portion of Leases	-	0.53	1.23	1.23	1.42	1.09
Current Income Taxes Payable	63.23	16.28	8.15	26.14	23.28	20.01
Current Unearned Revenue	514.09	589.25	536.82	701.41	564.59	545.07
Other Current Liabilities	120.7	128.83	93.81	119.15	104.56	98.03
Total Current Liabilities	3,462	3,229	2,984	2,845	2,659	1,806
Long-Term Debt	751.21	818.71	838.33	1,015	481.53	598
Long-Term Leases	0.1	0.22	0.86	1.97	3.17	3.2
Long-Term Unearned Revenue	58.65	60.96	72.37	83.03	94.8	106.14
Long-Term Deferred Tax Liabilities	-	0.04	-	-	-	-
Total Liabilities	4,272	4,109	3,896	3,945	3,238	2,513
Common Stock	722.33	722.33	722.33	722.33	656.67	656.67
Additional Paid-In Capital	348.39	348.39	347.03	347.03	347.03	347.79
Retained Earnings	786.42	770.31	766.62	791.28	746.07	624.72
Comprehensive Income & Other	46.43	52.6	47.66	39.83	43.26	47.92
Total Common Equity	1,904	1,894	1,884	1,900	1,793	1,677
Minority Interest	387.29	395.83	409.5	420.41	376.36	187.19
Shareholders' Equity	2,291	2,289	2,293	2,321	2,169	1,864
Total Liabilities & Equity	6,563	6,398	6,189	6,265	5,408	4,377
Total Debt	2,426	2,341	2,323	2,247	1,786	1,382
Net Cash (Debt)	-1,641	-1,416	-1,597	-1,599	-1,137	-838.27
Net Cash Per Share	-2.27	-1.96	-2.21	-2.21	-1.57	-1.16
Filing Date Shares Outstanding	722.25	722.33	722.33	722.33	722.33	722.33
Total Common Shares Outstanding	722.25	722.33	722.33	722.33	722.33	722.33
Working Capital	534.53	603.58	625.88	927.48	748.67	970.56
Book Value Per Share	2.64	2.62	2.61	2.63	2.48	2.32
Tangible Book Value	1,572	1,560	1,545	1,553	1,551	1,476
Tangible Book Value Per Share	2.18	2.16	2.14	2.15	2.15	2.04
Buildings	-	1,873	1,749	1,606	1,215	1,161
Machinery	-	1,375	1,267	964.42	942.53	860.51
Construction In Progress	-	147.72	236.21	417.41	241.97	81.77

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