Naipu Mining Machinery 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	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	768.81	521.68	715.12	539.09	483.9
Short-Term Investments	-	-	-	85	-
Trading Asset Securities	-	-	85.06	48.72	246.88
Cash & Short-Term Investments	768.81	521.68	800.18	672.8	730.78
Cash Growth	47.37%	-34.80%	18.93%	-7.93%	-3.25%
Accounts Receivable	352.95	287.13	190.21	179.79	111.27
Other Receivables	5.65	59.73	47.02	43.55	39.28
Receivables	358.6	346.86	237.23	223.34	150.55
Inventory	340.37	264.59	252.75	241.04	202.41
Prepaid Expenses	-	0.7	1.3	0.93	0.29
Other Current Assets	115.69	21.66	81.08	30.11	40.36
Total Current Assets	1,583	1,155	1,373	1,168	1,124
Property, Plant & Equipment	1,540	1,171	837.42	797.65	579.84
Long-Term Investments	30.34	29.15	36.17	37.89	40.17
Goodwill	0.37	0.37	0.37	0.37	-
Other Intangible Assets	149.59	136.4	74.24	54.77	69.53
Long-Term Deferred Tax Assets	39.74	31.46	22.15	13.12	6.45
Long-Term Deferred Charges	2.35	1.09	2.53	3.97	1.08
Other Long-Term Assets	8.9	47.32	41.82	15.45	97.39
Total Assets	3,355	2,573	2,387	2,091	1,919
Accounts Payable	381.77	335.55	300.67	286.61	170.96
Accrued Expenses	14.5	17.49	11.99	7.35	5.7
Short-Term Debt	301.41	87.01	41.05	55.94	37.64
Current Portion of Long-Term Debt	134.62	36	14	30	-
Current Portion of Leases	-	2.43	2.05	2.82	0.92
Current Income Taxes Payable	10.5	12.83	11.03	1.56	17.19
Current Unearned Revenue	21.59	14.15	215.51	74.58	23.96
Other Current Liabilities	27.96	25.67	19.46	4.2	3.75
Total Current Liabilities	892.36	531.14	615.75	463.07	260.12
Long-Term Debt	537.9	381.02	376.16	304.35	309.56
Long-Term Leases	0.86	2.71	4.51	5.24	-
Long-Term Unearned Revenue	43.81	42.57	17.75	20.05	21.74
Long-Term Deferred Tax Liabilities	26.14	21.79	28.95	30.66	23.89
Other Long-Term Liabilities	-	-	-	-	189.8
Total Liabilities	1,501	979.23	1,043	823.36	805.1
Common Stock	168.77	158.11	105.01	70	70
Additional Paid-In Capital	736.41	529.87	311.47	321.81	353.16
Retained Earnings	922.72	856.76	818.6	766.53	632.29
Treasury Stock	-	-2.25	-4.5	-	-45.68
Comprehensive Income & Other	11.12	37.11	101.96	101.16	98.83
Total Common Equity	1,839	1,580	1,333	1,260	1,109
Minority Interest	15.02	13.73	11.55	8.57	5.16
Shareholders' Equity	1,854	1,593	1,344	1,268	1,114
Total Liabilities & Equity	3,355	2,573	2,387	2,091	1,919
Total Debt	974.8	509.16	437.76	398.35	348.12
Net Cash (Debt)	-205.99	12.52	362.42	274.46	382.66
Net Cash Growth	-	-96.55%	32.05%	-28.28%	-47.70%
Net Cash Per Share	-1.23	0.08	2.50	1.90	2.62
Filing Date Shares Outstanding	168.82	157.19	146.1	147	143.85
Total Common Shares Outstanding	168.82	157.19	146.1	147	143.85
Working Capital	691.12	624.36	756.78	705.14	864.27
Book Value Per Share	10.89	10.05	9.12	8.57	7.71
Tangible Book Value	1,689	1,443	1,258	1,204	1,039
Tangible Book Value Per Share	10.01	9.18	8.61	8.19	7.22
Buildings	-	693.57	535.8	546.2	270.64
Machinery	-	295.13	238.83	213.81	132.78
Construction In Progress	-	309.98	133.41	63.73	246.83

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