Nsing Technologies Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	291.38	463.47	792.9	629.58	533.99
Trading Asset Securities	70.74	72.95	88.54	187.73	140.35
Cash & Short-Term Investments	362.13	536.42	881.44	817.31	674.34
Cash Growth	-32.49%	-39.14%	7.85%	21.20%	90.75%
Accounts Receivable	467.91	398.74	353.53	311.16	345.94
Other Receivables	13.34	16.22	15.29	16.7	7.93
Receivables	481.25	414.96	368.83	327.87	353.87
Inventory	624.21	620.96	621	923.17	320.3
Other Current Assets	114.18	153.8	102.59	124.48	32.91
Total Current Assets	1,582	1,726	1,974	2,193	1,381
Property, Plant & Equipment	1,243	1,297	1,086	720.29	526.44
Long-Term Investments	68.43	69.6	69.58	69.72	69.56
Goodwill	30.35	30.65	32.08	40.79	40.79
Other Intangible Assets	121.12	124.68	152.17	167.91	127.8
Long-Term Deferred Tax Assets	88.03	77.46	67.96	69.72	65.26
Long-Term Deferred Charges	212.05	154.33	102.17	133.96	71.88
Other Long-Term Assets	225.65	232.6	319.23	318.5	384.79
Total Assets	3,571	3,713	3,803	3,714	2,668
Accounts Payable	394.88	500.14	230.91	265.7	256.54
Accrued Expenses	38.68	55.73	43.2	62.33	75.96
Short-Term Debt	585.54	542.99	623.1	611.91	95.24
Current Portion of Long-Term Debt	515.46	247	132.86	0.62	22.57
Current Portion of Leases	-	9.7	10.97	14.7	10.29
Current Income Taxes Payable	5.07	0.17	1.15	12.61	4.57
Current Unearned Revenue	10.68	4.97	18.05	13.84	56.57
Other Current Liabilities	159.03	206.18	196.54	296.52	230.96
Total Current Liabilities	1,709	1,567	1,257	1,278	752.7
Long-Term Debt	737.94	700.06	785.56	376.42	285
Long-Term Leases	23.05	29.36	35.17	41.43	48.57
Long-Term Unearned Revenue	23.82	21.65	3.93	0.95	1.07
Long-Term Deferred Tax Liabilities	21.14	23.14	26.97	39.54	29.04
Other Long-Term Liabilities	120.65	319.09	448.67	233.34	-
Total Liabilities	2,636	2,660	2,557	1,970	1,116
Common Stock	583.13	583.13	594.84	595.64	592.65
Additional Paid-In Capital	2,493	2,446	2,452	2,455	2,377
Retained Earnings	-2,300	-2,184	-1,949	-1,377	-1,345
Treasury Stock	-	-	-71.46	-167.83	-213.69
Comprehensive Income & Other	143.46	144.07	145.02	143.99	131.22
Total Common Equity	919.98	989.34	1,171	1,649	1,543
Minority Interest	14.61	63.43	74.37	94.71	8.86
Shareholders' Equity	934.59	1,053	1,246	1,744	1,552
Total Liabilities & Equity	3,571	3,713	3,803	3,714	2,668
Total Debt	1,862	1,529	1,588	1,045	461.67
Net Cash (Debt)	-1,500	-992.69	-706.22	-227.77	212.67
Net Cash Per Share	-2.57	-1.69	-1.22	-0.42	0.38
Filing Date Shares Outstanding	583.13	583.13	594.84	595.64	592.66
Total Common Shares Outstanding	583.13	583.13	594.84	595.64	592.66
Working Capital	-127.57	159.26	717.07	914.6	628.73
Book Value Per Share	1.58	1.70	1.97	2.77	2.60
Tangible Book Value	768.51	834.01	986.89	1,440	1,374
Tangible Book Value Per Share	1.32	1.43	1.66	2.42	2.32
Buildings	-	728.58	408.33	412.41	285.1
Machinery	-	725.7	382.24	364.64	276.94
Construction In Progress	-	90.9	481.6	68.75	45.26

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.