Nsing Technologies 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	1,241	291.38	463.47	792.9	629.58	533.99
Trading Asset Securities	89.42	70.74	72.95	88.54	187.73	140.35
Cash & Short-Term Investments	1,330	362.13	536.42	881.44	817.31	674.34
Cash Growth	178.99%	-32.49%	-39.14%	7.85%	21.20%	90.75%
Accounts Receivable	482.63	467.91	398.74	353.53	311.16	345.94
Other Receivables	14.83	13.34	16.22	15.29	16.7	7.93
Receivables	497.46	481.25	414.96	368.83	327.87	353.87
Inventory	598.67	624.21	620.96	621	923.17	320.3
Other Current Assets	118.58	114.18	153.8	102.59	124.48	32.91
Total Current Assets	2,545	1,582	1,726	1,974	2,193	1,381
Property, Plant & Equipment	1,220	1,243	1,297	1,086	720.29	526.44
Long-Term Investments	68.43	68.43	69.6	69.58	69.72	69.56
Goodwill	30.35	30.35	30.65	32.08	40.79	40.79
Other Intangible Assets	113.09	121.12	124.68	152.17	167.91	127.8
Long-Term Deferred Tax Assets	90.68	88.03	77.46	67.96	69.72	65.26
Long-Term Deferred Charges	219.85	212.05	154.33	102.17	133.96	71.88
Other Long-Term Assets	227.68	225.65	232.6	319.23	318.5	384.79
Total Assets	4,515	3,571	3,713	3,803	3,714	2,668
Accounts Payable	404.25	394.88	500.14	230.91	265.7	256.54
Accrued Expenses	34.15	77.51	57	43.2	62.33	75.96
Short-Term Debt	706.25	625.28	542.99	623.1	611.91	95.24
Current Portion of Long-Term Debt	525.3	217.38	245.73	132.86	0.62	22.57
Current Portion of Leases	-	86.73	9.7	10.97	14.7	10.29
Current Income Taxes Payable	3.79	0.01	0.17	1.15	12.61	4.57
Current Unearned Revenue	18.32	10.68	4.97	18.05	13.84	56.57
Other Current Liabilities	129.22	296.88	206.18	196.54	296.52	230.96
Total Current Liabilities	1,821	1,709	1,567	1,257	1,278	752.7
Long-Term Debt	761.99	737.94	700.06	785.56	376.42	285
Long-Term Leases	21.21	63.64	131.61	35.17	41.43	48.57
Long-Term Unearned Revenue	23.23	23.82	21.65	3.93	0.95	1.07
Long-Term Deferred Tax Liabilities	21.17	21.14	23.14	26.97	39.54	29.04
Other Long-Term Liabilities	110.65	80.06	216.84	448.67	233.34	-
Total Liabilities	2,760	2,636	2,660	2,557	1,970	1,116
Common Stock	678.13	583.13	583.13	594.84	595.64	592.65
Additional Paid-In Capital	3,237	2,493	2,446	2,452	2,455	2,377
Retained Earnings	-2,315	-2,300	-2,184	-1,949	-1,377	-1,345
Treasury Stock	-	-	-	-71.46	-167.83	-213.69
Comprehensive Income & Other	142.08	143.46	144.07	145.02	143.99	131.22
Total Common Equity	1,742	919.98	989.34	1,171	1,649	1,543
Minority Interest	14.03	14.61	63.43	74.37	94.71	8.86
Shareholders' Equity	1,756	934.59	1,053	1,246	1,744	1,552
Total Liabilities & Equity	4,515	3,571	3,713	3,803	3,714	2,668
Total Debt	2,015	1,731	1,630	1,588	1,045	461.67
Net Cash (Debt)	-684.27	-1,369	-1,094	-706.22	-227.77	212.67
Net Cash Per Share	-1.07	-2.37	-1.86	-1.22	-0.42	0.38
Filing Date Shares Outstanding	787.25	583.13	583.13	594.84	595.64	592.66
Total Common Shares Outstanding	787.25	583.13	583.13	594.84	595.64	592.66
Working Capital	723.91	-127.57	159.26	717.07	914.6	628.73
Book Value Per Share	2.21	1.58	1.70	1.97	2.77	2.60
Tangible Book Value	1,598	768.51	834.01	986.89	1,440	1,374
Tangible Book Value Per Share	2.03	1.32	1.43	1.66	2.42	2.32
Buildings	-	731.59	728.58	408.33	412.41	285.1
Machinery	-	739.54	730.85	382.24	364.64	276.94
Construction In Progress	-	83.38	90.9	481.6	68.75	45.26

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