Fullshare Holdings 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	5,790	3,965	5,694	4,534	3,473
Short-Term Investments	3,323	3,353	1,809	4,647	3,332
Trading Asset Securities	558.93	155.25	501.44	698.27	845.91
Cash & Short-Term Investments	9,672	7,473	8,005	9,879	7,651
Cash Growth	29.43%	-6.64%	-18.97%	29.12%	4.69%
Accounts Receivable	5,990	6,181	8,525	7,128	4,472
Other Receivables	1,391	1,806	2,016	1,746	1,723
Receivables	7,433	7,987	11,065	9,600	7,591
Inventory	6,530	6,056	6,601	7,583	6,135
Prepaid Expenses	448.87	356.05	1,931	1,943	1,451
Restricted Cash	3,160	2,823	3,578	4,925	1,911
Other Current Assets	45.86	54.01	84.64	29.78	12.27
Total Current Assets	27,289	24,749	31,264	33,959	24,752
Property, Plant & Equipment	11,620	12,116	11,681	9,874	7,710
Long-Term Investments	1,958	2,818	2,730	3,154	4,937
Goodwill	1,504	1,504	1,504	1,504	1,880
Other Intangible Assets	66.92	138.73	218.69	289.11	359.02
Long-Term Deferred Tax Assets	670.5	666.34	1,325	1,066	776.76
Other Long-Term Assets	2,906	2,959	5,656	5,239	5,138
Total Assets	46,115	45,048	54,510	55,230	45,600
Accounts Payable	10,192	9,407	7,625	10,388	7,015
Accrued Expenses	-	1,222	1,782	1,657	1,414
Short-Term Debt	-	-	-	-	2,870
Current Portion of Long-Term Debt	6,838	6,360	9,703	8,609	4,487
Current Portion of Leases	29.32	47.84	7.35	7.37	46.81
Current Income Taxes Payable	233.78	207.2	647.68	805.13	808.31
Current Unearned Revenue	1,338	1,713	1,823	1,574	887.03
Other Current Liabilities	4,517	3,135	7,923	7,142	5,619
Total Current Liabilities	23,149	22,092	29,511	30,182	23,148
Long-Term Debt	4,783	5,402	4,777	4,311	1,937
Long-Term Leases	190.19	135.73	8.63	14.89	307.95
Long-Term Unearned Revenue	632.87	676.58	475.16	303.08	200.48
Long-Term Deferred Tax Liabilities	848.01	877.69	1,175	1,184	1,162
Other Long-Term Liabilities	1,338	1,260	1,124	1,115	848.78
Total Liabilities	30,941	30,444	37,072	37,110	27,604
Common Stock	269.5	269.5	269.5	219.9	160.87
Additional Paid-In Capital	-	17,761	17,761	17,637	17,072
Retained Earnings	-	-9,684	-3,569	-2,612	-2,421
Comprehensive Income & Other	7,411	-443.12	-3,557	-3,205	-631.09
Total Common Equity	7,680	7,903	10,904	12,039	14,181
Minority Interest	7,493	6,701	6,534	6,081	3,815
Shareholders' Equity	15,173	14,604	17,438	18,120	17,996
Total Liabilities & Equity	46,115	45,048	54,510	55,230	45,600
Total Debt	11,841	11,945	14,496	12,942	9,649
Net Cash (Debt)	-2,169	-4,472	-6,491	-3,063	-1,998
Net Cash Per Share	-3.41	-7.02	-11.76	-6.77	-5.07
Filing Date Shares Outstanding	636.76	636.76	636.41	530.29	393.76
Total Common Shares Outstanding	636.76	636.76	636.41	530.29	393.76
Working Capital	4,140	2,656	1,753	3,778	1,604
Book Value Per Share	12.06	12.41	17.13	22.70	36.01
Tangible Book Value	6,110	6,260	9,182	10,246	11,941
Tangible Book Value Per Share	9.59	9.83	14.43	19.32	30.33
Land	-	3,926	3,408	3,413	2,453
Machinery	-	11,658	9,745	7,550	6,883
Construction In Progress	-	2,069	2,560	2,400	1,347