NCS Testing Technology Co., Ltd. (SHE:300797)

NCS Testing Technology 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	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	130.36	251.14	263.9	383.02	383.33	440.4
Cash & Short-Term Investments	130.36	251.14	263.9	383.02	383.33	440.4
Cash Growth	31.17%	-4.84%	-31.10%	-0.08%	-12.96%	5.12%
Accounts Receivable	528.99	465.08	357.98	303.27	227.71	205.11
Other Receivables	12.76	6.67	7.03	7.71	10.67	6.13
Receivables	541.75	471.75	365.01	310.97	238.37	211.24
Inventory	335.72	294.06	269.07	206.5	186.61	141.98
Prepaid Expenses	-	-	-	-	1.88	0.32
Other Current Assets	143.8	101.84	80.73	48.01	22.51	28.94
Total Current Assets	1,152	1,119	978.71	948.51	832.7	822.88
Property, Plant & Equipment	796.63	771.74	717.51	536.84	369.14	212.74
Long-Term Investments	-	-	-	-	0.01	0.02
Other Intangible Assets	8.91	9.77	10.9	12.03	9.95	10.56
Long-Term Deferred Tax Assets	95.26	92.38	79.31	57.88	47.66	15.35
Long-Term Deferred Charges	48.34	56.17	54.3	59.37	46.97	5.73
Other Long-Term Assets	38.44	45.63	38.41	53.31	68.46	39.99
Total Assets	2,139	2,094	1,879	1,668	1,375	1,107
Accounts Payable	166.35	173.6	223.93	152.6	107.51	86.6
Accrued Expenses	52.4	79.6	77.53	70.73	50.67	50.63
Short-Term Debt	0.4	15.92	-	-	-	-
Current Portion of Long-Term Debt	-	1.87	-	-	-	-
Current Portion of Leases	38.38	34.05	26.75	24.46	22.04	-
Current Income Taxes Payable	8.08	8.55	3.49	1.27	5.33	2.06
Current Unearned Revenue	172.7	142.99	159.66	126.17	108.87	79.95
Other Current Liabilities	105.6	110.74	105.61	111.53	16.96	12.77
Total Current Liabilities	543.92	567.32	596.97	486.77	311.38	232.01
Long-Term Debt	74.58	55.11	-	-	-	-
Long-Term Leases	38.87	58.54	75.29	92.26	107.66	-
Long-Term Unearned Revenue	149.78	153.84	78.25	72.79	74.97	76.77
Long-Term Deferred Tax Liabilities	69.52	67.11	55.91	42.19	32.67	10.3
Other Long-Term Liabilities	3.14	1.94	-	-	-	-
Total Liabilities	879.81	903.86	806.42	694.01	526.68	319.08
Common Stock	382.78	383.1	383.18	255.01	248.2	248.2
Additional Paid-In Capital	242.91	238.78	230.46	338.77	281.45	281.47
Retained Earnings	659.45	605.68	498.96	407.48	318.86	258.76
Treasury Stock	-19.88	-40.81	-60.1	-57.07	-	-
Comprehensive Income & Other	-0.3	-0.23	-0.14	-0.24	-0.29	-0.23
Total Common Equity	1,265	1,187	1,052	943.95	848.22	788.2
Minority Interest	-5.56	4.1	20.37	29.96	-	-0.01
Shareholders' Equity	1,259	1,191	1,073	973.91	848.22	788.2
Total Liabilities & Equity	2,139	2,094	1,879	1,668	1,375	1,107
Total Debt	152.23	165.49	102.05	116.72	129.7	-
Net Cash (Debt)	-21.88	85.64	161.86	266.3	253.62	440.4
Net Cash Growth	-	-47.09%	-39.22%	5.00%	-42.41%	5.12%
Net Cash Per Share	-0.06	0.23	0.43	0.71	0.68	1.18
Filing Date Shares Outstanding	382.89	369.54	383.02	382.52	372.3	372.3
Total Common Shares Outstanding	382.89	369.54	383.02	382.52	372.3	372.3
Working Capital	607.72	551.48	381.74	461.74	521.32	590.87
Book Value Per Share	3.30	3.21	2.75	2.47	2.28	2.12
Tangible Book Value	1,256	1,177	1,041	931.92	838.26	777.64
Tangible Book Value Per Share	3.28	3.18	2.72	2.44	2.25	2.09
Buildings	-	282.48	195.09	30.94	30.71	30.56
Machinery	-	619.45	504.79	355.19	268.32	220.76
Construction In Progress	-	21.01	106.32	192.07	77.31	60.24

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