FRA:5Q4 Balance Sheet

Financials in millions CNY. Fiscal year is September - August.

Millions CNY. Fiscal year is Sep - Aug.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '25 Aug 31, 2025	Aug '24 Aug 31, 2024	Aug '23 Aug 31, 2023	Aug '22 Aug 31, 2022	Aug '21 Aug 31, 2021
Cash & Equivalents	125.84	47.02	242.23	328.75	402.19
Short-Term Investments	20.06	-	-	21.2	128.51
Trading Asset Securities	-	-	108.13	103.91	40.28
Cash & Short-Term Investments	145.9	47.02	350.35	453.86	570.98
Cash Growth	210.30%	-86.58%	-22.80%	-20.51%	-61.90%
Accounts Receivable	443.3	15.27	0.67	51.67	4.33
Other Receivables	-	30.33	410.91	449.21	664.58
Receivables	443.3	567.45	441.58	500.88	677.21
Inventory	4.11	4.77	4.94	4.13	-
Other Current Assets	280.73	302.48	47.45	121.05	149.71
Total Current Assets	874.04	921.72	844.32	1,080	1,398
Property, Plant & Equipment	181.59	111.55	107.73	109.16	7.62
Long-Term Investments	0.1	0.1	0.1	-	-
Goodwill	17.91	-	-	-	-
Other Intangible Assets	10.41	-	-	-	-
Long-Term Accounts Receivable	176.92	-	-	-	-
Long-Term Deferred Tax Assets	0.54	1.3	0.54	0.3	-
Other Long-Term Assets	-	241.65	486.85	285.85	-
Total Assets	1,262	1,276	1,440	1,475	1,406
Accounts Payable	58.22	64.2	68.63	55.46	8.74
Accrued Expenses	6.86	-	16.07	22.58	30.19
Short-Term Debt	84.41	84.41	126.82	207.52	208.77
Current Portion of Long-Term Debt	227.89	254.29	36.98	127.57	174.26
Current Portion of Leases	1.5	0.55	0.92	2.24	3.23
Current Income Taxes Payable	32.97	38.59	49.18	64.91	85.07
Current Unearned Revenue	9.94	12.36	23.82	14.02	37.28
Other Current Liabilities	189.81	215.95	249.19	284.09	277.09
Total Current Liabilities	611.59	670.34	571.6	778.39	824.63
Long-Term Debt	-	-	255.17	245.24	-
Long-Term Leases	6.64	-	0.55	-	2.24
Long-Term Deferred Tax Liabilities	2.6	-	-	-	-
Other Long-Term Liabilities	-	4.56	-	-	-
Total Liabilities	620.83	674.9	827.33	1,024	826.87
Common Stock	19.26	19.26	19.26	19.26	19.26
Additional Paid-In Capital	119.71	119.71	228.11	228.11	458.34
Retained Earnings	521.79	483.37	386.83	223.55	128.31
Comprehensive Income & Other	-20.08	-20.91	-21.99	-19.32	-27.26
Total Common Equity	640.68	601.43	612.21	451.6	578.65
Shareholders' Equity	640.68	601.43	612.21	451.6	578.65
Total Liabilities & Equity	1,262	1,276	1,440	1,475	1,406
Total Debt	320.44	339.25	420.44	582.58	388.51
Net Cash (Debt)	-174.53	-292.23	-70.09	-128.72	182.47
Net Cash Per Share	-0.08	-0.13	-0.03	-0.06	0.08
Filing Date Shares Outstanding	2,170	2,169	2,169	2,168	2,178
Total Common Shares Outstanding	2,170	2,169	2,169	2,168	2,178
Working Capital	262.46	251.38	272.71	301.53	573.27
Book Value Per Share	0.30	0.28	0.28	0.21	0.27
Tangible Book Value	612.36	601.43	612.21	451.6	578.65
Tangible Book Value Per Share	0.28	0.28	0.28	0.21	0.27
Machinery	3.62	3.28	3.16	2.98	2.51
Construction In Progress	63.13	7.05	-	-	-
Leasehold Improvements	18.58	6.85	5.47	3.19	2.89

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