Nanhua Instruments 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	82.25	119.56	93.05	53.3	130.95	36.24
Trading Asset Securities	98.25	77.97	125.06	136.39	29.11	130.83
Cash & Short-Term Investments	180.5	197.53	218.11	189.68	160.05	167.07
Cash Growth	-14.40%	-9.43%	14.99%	18.52%	-4.20%	-28.37%
Accounts Receivable	83.74	89.51	46.25	32.32	33.67	48.5
Other Receivables	1.6	0.68	0.41	0.05	0.15	0.29
Receivables	85.34	90.19	46.65	32.36	33.82	48.78
Inventory	97.05	89.77	80.2	83.04	99.92	120.41
Other Current Assets	32.19	32.31	1.7	0.87	32.21	2.99
Total Current Assets	395.08	409.8	346.66	305.96	326	339.25
Property, Plant & Equipment	128.48	130.07	115.86	120.57	131.15	139.56
Long-Term Investments	3.27	3.27	25.73	28.25	15.9	36.54
Goodwill	28.46	28.46	9.88	-	-	-
Other Intangible Assets	58.34	60.03	14.53	10.59	11.25	11.96
Long-Term Deferred Tax Assets	4.67	4.68	4.07	2.95	2.67	2.44
Long-Term Deferred Charges	0.47	0.57	0.69	0.32	0.73	1.23
Other Long-Term Assets	20.72	21.65	17.69	6.31	6.64	7.2
Total Assets	639.48	658.53	535.12	474.95	494.34	538.17
Accounts Payable	30.84	37.78	9.32	3.31	6.11	3.96
Accrued Expenses	9.5	12.15	12.95	5.15	9.35	9.78
Short-Term Debt	5.8	5.81	5.81	-	-	-
Current Portion of Long-Term Debt	-	2.74	-	-	-	-
Current Portion of Leases	-	-	1	0.04	0.09	-
Current Income Taxes Payable	1.99	3.21	0.02	0.08	0.25	1.11
Current Unearned Revenue	12.91	10	9.92	5.79	11.09	11.84
Other Current Liabilities	13.2	11.26	10.57	1.74	3.52	12.19
Total Current Liabilities	74.25	82.96	49.58	16.11	30.42	38.88
Long-Term Debt	-	6.25	-	3.38	1.4	-
Long-Term Leases	0.44	0.46	1.4	0.01	0.02	-
Long-Term Deferred Tax Liabilities	3.36	3.58	1.09	0.01	0.02	-
Other Long-Term Liabilities	11.8	11.8	-	-	-	1.3
Total Liabilities	89.85	105.05	52.08	19.5	31.86	40.18
Common Stock	134.56	134.56	134.56	135.44	136.19	137.01
Additional Paid-In Capital	18.89	18.89	20.7	36.33	49.87	64.53
Retained Earnings	308.05	311.01	311.8	307.8	311.95	347.77
Treasury Stock	-	-	-	-16.5	-30.8	-46.28
Comprehensive Income & Other	-8.02	-7.97	-7.71	-7.62	-4.74	-5.04
Total Common Equity	453.49	456.5	459.35	455.45	462.47	497.99
Minority Interest	96.14	96.98	23.7	-	-	-
Shareholders' Equity	549.63	553.47	483.05	455.45	462.47	497.99
Total Liabilities & Equity	639.48	658.53	535.12	474.95	494.34	538.17
Total Debt	6.24	15.26	8.2	3.43	1.52	-
Net Cash (Debt)	174.26	182.28	209.91	186.26	158.54	167.07
Net Cash Growth	-12.63%	-13.16%	12.70%	17.49%	-5.11%	-28.37%
Net Cash Per Share	1.30	1.35	1.56	1.37	1.16	1.22
Filing Date Shares Outstanding	134.3	122.99	134.56	134.56	134.56	134.56
Total Common Shares Outstanding	134.3	122.99	134.56	134.56	134.56	134.56
Working Capital	320.84	326.85	297.08	289.85	295.58	300.37
Book Value Per Share	3.38	3.71	3.41	3.38	3.44	3.70
Tangible Book Value	366.7	368.01	434.94	444.85	451.23	486.04
Tangible Book Value Per Share	2.73	2.99	3.23	3.31	3.35	3.61
Buildings	-	-	129.38	129.38	129.38	129.38
Machinery	-	-	63.97	56.74	56.15	54.31

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