Ningbo Cixing Co.,Ltd. (SHE:300307)

Ningbo Cixing Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	262.34	342.21	328.04	556.64	474.6	499.72
Short-Term Investments	-	176.36	104.24	-	-	-
Trading Asset Securities	0.01	1.03	0.38	-	65.61	300.18
Cash & Short-Term Investments	262.35	519.6	432.66	556.64	540.2	799.9
Cash Growth	-2.14%	20.09%	-22.27%	3.04%	-32.47%	-15.65%
Accounts Receivable	256.89	825.21	950.19	982.91	835.75	532.88
Other Receivables	91.4	118.42	133.44	78.48	83.28	14.8
Receivables	348.29	943.63	1,084	1,061	919.03	547.68
Inventory	1,124	1,335	1,087	913.01	783.64	682.46
Prepaid Expenses	-	15.05	27.29	21.65	30.24	34.61
Other Current Assets	904.1	22.62	16.62	37.07	31.58	56.68
Total Current Assets	2,639	2,836	2,647	2,590	2,305	2,121
Property, Plant & Equipment	840.67	919.37	891.54	968.83	1,030	1,096
Long-Term Investments	449.32	672.61	715.1	373.09	287.33	30.32
Goodwill	0.17	0.17	0.17	0.17	0.17	0.17
Other Intangible Assets	179.76	169.41	173.26	177.4	181.25	186.6
Long-Term Accounts Receivable	274.43	291.01	289.63	222.5	168.15	44
Long-Term Deferred Tax Assets	63.5	63.68	57.88	65.6	64.17	50.33
Long-Term Deferred Charges	9.46	12.25	8.6	19.43	18.83	30.9
Other Long-Term Assets	1.57	0.49	7.29	4.16	0.02	2.7
Total Assets	4,458	4,965	4,791	4,421	4,055	3,563
Accounts Payable	502.81	923.79	867.69	801.24	682.83	524.82
Accrued Expenses	42.29	98.49	113.43	90.61	116.69	75.69
Short-Term Debt	353.44	388.17	566.01	537.97	392.64	241.7
Current Portion of Leases	5.39	6.44	4.01	1.71	4.17	-
Current Income Taxes Payable	87.76	33.92	22.83	30.41	15.84	18.07
Current Unearned Revenue	143.24	215.59	207.05	145.44	91.72	89.84
Other Current Liabilities	29.76	38.01	61.74	82.89	87.17	40.81
Total Current Liabilities	1,165	1,704	1,843	1,690	1,391	990.92
Long-Term Leases	10.21	25.83	4.42	0.86	2.95	-
Long-Term Unearned Revenue	3.31	3.86	5.95	10.38	17.91	10.17
Long-Term Deferred Tax Liabilities	0.04	0.01	-	6.73	5.6	3.13
Other Long-Term Liabilities	30.44	36.1	21.79	2.1	15.05	7
Total Liabilities	1,209	1,770	1,875	1,710	1,433	1,011
Common Stock	794.25	794.25	787.8	780.54	780.54	780.54
Additional Paid-In Capital	1,982	1,977	1,943	1,875	1,869	1,869
Retained Earnings	413.29	378.45	173.4	59.33	-31.93	-120.1
Comprehensive Income & Other	66.01	55.27	53.47	35.7	30.08	30.19
Total Common Equity	3,255	3,205	2,957	2,750	2,648	2,559
Minority Interest	-6.12	-9.84	-41.47	-39.79	-25.6	-7.94
Shareholders' Equity	3,249	3,195	2,916	2,711	2,622	2,552
Total Liabilities & Equity	4,458	4,965	4,791	4,421	4,055	3,563
Total Debt	369.04	420.44	574.45	540.54	399.76	241.7
Net Cash (Debt)	-106.69	99.17	-141.79	16.1	140.45	558.2
Net Cash Growth	-	-	-	-88.53%	-74.84%	-27.42%
Net Cash Per Share	-0.13	0.13	-0.19	0.02	0.18	0.71
Filing Date Shares Outstanding	794.25	794.25	787.8	780.54	780.54	780.54
Total Common Shares Outstanding	794.25	794.25	787.8	780.54	780.54	780.54
Working Capital	1,474	1,132	804.41	899.48	913.65	1,130
Book Value Per Share	4.10	4.04	3.75	3.52	3.39	3.28
Tangible Book Value	3,076	3,035	2,784	2,573	2,466	2,373
Tangible Book Value Per Share	3.87	3.82	3.53	3.30	3.16	3.04
Buildings	-	1,121	1,122	1,117	1,116	1,113
Machinery	-	296.78	246.07	274.46	265.5	262.26
Construction In Progress	-	9.97	0.96	2.1	2.42	6.37

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.