Nanxing Machinery 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	645.93	383.28	336.59	478.95	509.69	585.04
Trading Asset Securities	421	540.26	380.3	287.38	80	-
Cash & Short-Term Investments	1,067	923.54	716.9	766.32	589.69	585.04
Cash Growth	34.09%	28.82%	-6.45%	29.95%	0.80%	16.85%
Accounts Receivable	770.7	637.26	408.27	523.61	581.83	383.8
Other Receivables	9.8	7.21	6.7	8.72	7.23	10.71
Receivables	780.5	644.47	414.97	532.33	589.06	394.51
Inventory	316.66	288.47	425.34	416.65	501.8	354.71
Other Current Assets	115.18	102.91	152.35	108.36	119.02	99.36
Total Current Assets	2,279	1,959	1,710	1,824	1,800	1,434
Property, Plant & Equipment	1,213	1,200	1,325	1,393	1,330	1,258
Long-Term Investments	8.72	9.4	7.78	7.91	11.6	16
Goodwill	119.46	119.46	119.46	483.05	617.68	617.68
Other Intangible Assets	225.18	227.44	231.46	95.93	102.6	95.48
Long-Term Deferred Tax Assets	42.74	46.73	49.77	58.45	60.66	16.73
Long-Term Deferred Charges	8.78	10.62	23.5	35.11	33.97	17.65
Other Long-Term Assets	-	0.99	0.08	2.67	1.37	4.32
Total Assets	3,897	3,574	3,467	3,900	3,958	3,459
Accounts Payable	725.62	512.99	382.42	511.35	551.09	376.71
Accrued Expenses	38.17	44.29	53.28	55.17	44.97	50.85
Short-Term Debt	20	30.02	21.46	74.4	-	110.95
Current Portion of Long-Term Debt	156.4	129.59	147.93	115.81	69.65	49.25
Current Portion of Leases	-	-	22.33	19.88	10.28	9.02
Current Income Taxes Payable	16.72	20.97	5.96	12.15	12.04	11.42
Current Unearned Revenue	92.34	95.45	87.74	72.79	82.06	79.67
Other Current Liabilities	61.35	53.59	36.63	34.54	42.47	32.37
Total Current Liabilities	1,111	886.89	757.73	896.09	812.56	720.24
Long-Term Debt	453.79	423.44	456.42	410.35	469.32	281.23
Long-Term Leases	137.24	142.66	179.05	197.95	188.94	190
Long-Term Unearned Revenue	7.03	7.29	8.36	9.44	9.04	11.98
Long-Term Deferred Tax Liabilities	22.01	25.38	27.27	29.55	35.57	0.64
Other Long-Term Liabilities	-	-	4.31	-	-	-
Total Liabilities	1,731	1,486	1,433	1,543	1,515	1,204
Common Stock	295.46	295.46	295.46	295.46	295.46	295.46
Additional Paid-In Capital	837.68	837.68	848.32	848.32	848.32	848.41
Retained Earnings	903.81	860.39	843.78	1,167	1,259	1,084
Comprehensive Income & Other	21.72	20.35	14.43	8.05	2.77	-0.2
Total Common Equity	2,059	2,014	2,002	2,318	2,406	2,228
Minority Interest	107.39	74.05	31.54	38.06	36.33	27.2
Shareholders' Equity	2,166	2,088	2,034	2,357	2,442	2,255
Total Liabilities & Equity	3,897	3,574	3,467	3,900	3,958	3,459
Total Debt	767.42	725.71	827.19	818.38	738.19	640.46
Net Cash (Debt)	299.5	197.84	-110.3	-52.06	-148.5	-55.42
Net Cash Per Share	1.01	0.67	-0.37	-0.18	-0.50	-0.19
Filing Date Shares Outstanding	295.42	295.57	295.46	295.46	295.46	295.46
Total Common Shares Outstanding	295.42	295.57	295.46	295.46	295.46	295.46
Working Capital	1,169	1,073	951.82	927.56	987.01	713.38
Book Value Per Share	6.97	6.81	6.78	7.85	8.14	7.54
Tangible Book Value	1,714	1,667	1,651	1,739	1,686	1,515
Tangible Book Value Per Share	5.80	5.64	5.59	5.89	5.70	5.13
Buildings	-	-	653.94	454.81	432.31	412.92
Machinery	-	-	1,218	1,184	1,139	1,006
Construction In Progress	-	-	1.69	180.19	92.4	70.59

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