Jiangsu NanFang Precision 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	594.16	709.65	441.8	395.64	243.98	103.93
Trading Asset Securities	151.96	-	-	-	61.92	304.14
Cash & Short-Term Investments	746.12	709.65	441.8	395.64	305.9	408.07
Cash Growth	58.79%	60.63%	11.67%	29.33%	-25.04%	50.49%
Accounts Receivable	283.78	306.82	272.73	235.81	186.01	171.76
Other Receivables	45.97	0.38	0.38	0.74	3.71	3.11
Receivables	329.76	307.21	273.11	236.55	189.73	174.87
Inventory	172.26	150.46	149.59	127.34	113.16	129.11
Other Current Assets	10.87	19.84	19.6	9.33	5.99	11.81
Total Current Assets	1,259	1,187	884.1	768.86	614.77	723.87
Property, Plant & Equipment	216.91	216.2	234.95	228.14	209.94	228.47
Long-Term Investments	370.92	483.39	260.49	353.38	514.2	461.99
Goodwill	0.51	0.51	4.27	5.68	9.33	9.33
Other Intangible Assets	24.88	24.9	33.69	45.43	40.86	45.68
Long-Term Deferred Tax Assets	1.06	1.06	13.13	12.06	9.52	1.45
Long-Term Deferred Charges	0.81	0.93	1.41	1.4	1.86	2.26
Other Long-Term Assets	3.03	5.28	2.57	7.6	15.89	2.6
Total Assets	1,877	1,919	1,435	1,423	1,416	1,476
Accounts Payable	154.21	168.46	164.25	112.6	99.53	93.07
Accrued Expenses	14.63	27.22	27.16	21.9	19.65	31.3
Short-Term Debt	21.02	27.15	30.03	7.87	0.9	-
Current Portion of Leases	-	0.39	0.29	0.41	1.86	3.1
Current Income Taxes Payable	6.9	-	5.47	14.97	1.65	13.59
Current Unearned Revenue	5.83	4.12	15.64	2.48	2.5	4.17
Other Current Liabilities	42.68	43.14	23.45	20.35	0.99	1.84
Total Current Liabilities	245.67	270.48	266.28	180.58	127.08	147.08
Long-Term Leases	0.17	0.27	-	0.29	5.56	7.41
Long-Term Unearned Revenue	4.09	4.42	6.38	7.21	7.93	6.82
Long-Term Deferred Tax Liabilities	28.52	44.73	12.33	29.09	53.07	59.88
Other Long-Term Liabilities	24.58	24.58	-	-	-	-
Total Liabilities	303.04	344.48	284.99	217.17	193.64	221.19
Common Stock	353.41	353.41	348	348	348	348
Additional Paid-In Capital	179.18	179.18	56.52	56.52	56.52	56.52
Retained Earnings	1,039	1,039	728.25	773.46	780.98	802.09
Comprehensive Income & Other	-0.37	-0.48	0.04	-0.33	-0.1	-0.09
Total Common Equity	1,572	1,571	1,133	1,178	1,185	1,207
Minority Interest	2.56	3.78	16.8	27.74	37.33	47.94
Shareholders' Equity	1,574	1,575	1,150	1,205	1,223	1,254
Total Liabilities & Equity	1,877	1,919	1,435	1,423	1,416	1,476
Total Debt	21.58	27.81	30.31	8.57	8.32	10.51
Net Cash (Debt)	724.54	681.84	411.48	387.07	297.59	397.56
Net Cash Growth	64.05%	65.70%	6.31%	30.07%	-25.15%	48.14%
Net Cash Per Share	2.05	1.96	1.18	1.11	0.85	1.14
Filing Date Shares Outstanding	369.5	353.41	348	348	348	348
Total Common Shares Outstanding	369.5	353.41	348	348	348	348
Working Capital	1,013	916.67	617.81	588.28	487.7	576.79
Book Value Per Share	4.25	4.45	3.26	3.38	3.41	3.47
Tangible Book Value	1,546	1,546	1,095	1,127	1,135	1,152
Tangible Book Value Per Share	4.18	4.37	3.15	3.24	3.26	3.31
Buildings	-	85.65	85.65	85.12	73.45	73.45
Machinery	-	452.8	442.54	406.44	378.26	365.42
Construction In Progress	-	20.53	25.11	23.49	7.75	7.91

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