First Tractor Company 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,912	2,345	2,770	4,364	3,243
Short-Term Investments	-	1,207	216.23	-	-
Trading Asset Securities	946	1,379	862.91	1,250	1,039
Cash & Short-Term Investments	2,858	4,931	3,849	5,613	4,282
Cash Growth	-42.05%	28.11%	-31.44%	31.08%	42.32%
Accounts Receivable	539.31	527.78	681.69	700.79	769.1
Other Receivables	66.73	46.39	24.67	27.43	38.28
Receivables	606.05	574.17	706.36	899.22	1,362
Inventory	1,148	1,375	1,514	1,191	1,674
Prepaid Expenses	-	10.7	16.58	12.16	4.61
Other Current Assets	3,636	534.74	401.82	166.13	372.56
Total Current Assets	8,247	7,425	6,488	7,882	7,696
Property, Plant & Equipment	2,481	2,447	2,431	2,472	2,560
Long-Term Investments	3,550	3,953	4,006	1,726	131.81
Other Intangible Assets	633.03	676.33	697.34	713.23	750.86
Long-Term Accounts Receivable	-	-	-	-	147.38
Long-Term Deferred Tax Assets	141.51	144.36	148.27	138.14	100.56
Long-Term Deferred Charges	44.09	45.76	47.75	59.46	61.06
Total Assets	15,098	14,691	13,817	12,992	12,340
Accounts Payable	4,408	4,621	4,428	4,075	3,388
Accrued Expenses	101.14	537.29	570.17	517.87	353.61
Short-Term Debt	-	70	70	270.22	481.99
Current Portion of Long-Term Debt	26.16	200.86	0.89	0.23	0.12
Current Portion of Leases	-	24.74	20.08	17.52	13.22
Current Income Taxes Payable	25.46	4.83	3.48	2.63	5.37
Current Unearned Revenue	566.07	555.27	500.34	846.46	580.39
Other Current Liabilities	951.79	483.57	451.8	397.6	1,068
Total Current Liabilities	6,078	6,498	6,045	6,128	5,891
Long-Term Debt	424.72	73.2	208.28	57.86	118.25
Long-Term Leases	2.55	13.77	2.1	16.46	1.85
Long-Term Unearned Revenue	206.21	174.93	181.95	121.76	138.05
Long-Term Deferred Tax Liabilities	127.19	123.67	120.94	120.28	148.31
Other Long-Term Liabilities	27.67	29.43	40.07	50.17	59.76
Total Liabilities	6,867	6,913	6,598	6,494	6,357
Common Stock	1,124	1,124	1,124	1,124	1,124
Additional Paid-In Capital	2,656	2,408	2,408	2,656	-
Retained Earnings	3,879	3,480	2,919	2,179	1,631
Comprehensive Income & Other	2.16	243.61	241.19	-0.36	2,648
Total Common Equity	7,661	7,256	6,692	5,958	5,402
Minority Interest	570.12	522.56	527.64	539.09	580.14
Shareholders' Equity	8,231	7,778	7,219	6,497	5,982
Total Liabilities & Equity	15,098	14,691	13,817	12,992	12,340
Total Debt	453.43	382.57	301.35	362.29	615.43
Net Cash (Debt)	2,404	4,548	3,547	5,251	3,667
Net Cash Growth	-47.14%	28.21%	-32.45%	43.20%	111.14%
Net Cash Per Share	2.14	4.05	3.16	4.67	3.30
Filing Date Shares Outstanding	1,124	1,124	1,124	1,124	1,124
Total Common Shares Outstanding	1,124	1,124	1,124	1,124	1,124
Working Capital	2,169	926.98	443.07	1,754	1,805
Book Value Per Share	6.82	6.46	5.96	5.30	4.81
Tangible Book Value	7,028	6,579	5,994	5,245	4,651
Tangible Book Value Per Share	6.25	5.86	5.33	4.67	4.14
Buildings	-	2,265	2,256	2,235	2,235
Machinery	-	4,606	4,478	4,333	4,313
Construction In Progress	-	147.68	140.04	126.47	79.25

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