Bright Future Technology Holdings Limited (HKG:1351)

HKG:1351 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	10.45	39.63	15.84	45.19	74.03	116.38
Short-Term Investments	140.9	-	-	-	-	104.94
Cash & Short-Term Investments	151.35	39.63	15.84	45.19	74.03	221.32
Cash Growth	877.12%	150.10%	-64.94%	-38.96%	-66.55%	-1.52%
Accounts Receivable	105.36	238.05	293.73	282.15	181.2	333.69
Other Receivables	-	2.46	5.89	3.34	4.8	9.12
Receivables	105.36	250.64	309.82	298.62	199.11	353.23
Restricted Cash	0.25	0.26	0.37	4.67	5.95	-
Other Current Assets	-	127.64	112.9	120.79	72.29	-
Total Current Assets	256.96	418.16	438.93	469.27	351.38	574.55
Property, Plant & Equipment	1.98	3.06	2.73	4.66	3.22	7.55
Long-Term Investments	-	-	6.3	3	1.39	-
Other Intangible Assets	-	-	0.33	0.99	1.65	-
Long-Term Deferred Tax Assets	6.56	7.63	1.06	0.75	0.55	0.41
Other Long-Term Assets	0.01	0.01	0.01	0.01	0.01	0.81
Total Assets	265.5	428.87	449.36	478.68	358.21	583.32

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	24.97	37.79	47.78	77.87	12.08	118.59
Accrued Expenses	-	8.25	18.89	23.8	28.01	20.28
Short-Term Debt	87.34	132.06	105.83	101.52	88.93	-
Current Portion of Long-Term Debt	-	51.87	2.95	39.35	2.46	41.1
Current Portion of Leases	0.24	1.68	1.35	2.23	1.25	2.68
Current Income Taxes Payable	15.5	18.8	18.05	21.09	16.79	16.22
Current Unearned Revenue	22.65	19.41	22.98	12.85	17.8	24
Other Current Liabilities	11.34	4.31	5.02	1.49	3.5	0.68
Total Current Liabilities	162.04	274.17	222.84	280.19	170.81	223.54
Long-Term Debt	-	37.64	64.51	31.45	37.31	41
Long-Term Leases	-	0.73	-	0.91	0.11	1.95
Long-Term Deferred Tax Liabilities	16.5	20.09	19.36	18.82	18.46	21.24
Total Liabilities	178.54	332.63	306.7	331.37	226.68	287.73

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	51.7	51.7	51.7	42.61	42.61	42.61
Additional Paid-In Capital	-	44.39	60.02	54.95	54.95	56.71
Retained Earnings	-90.8	-57.75	3.66	10.15	-4.66	159.63
Comprehensive Income & Other	126.06	57.9	27.28	39.61	38.64	36.65
Shareholders' Equity	86.96	96.24	142.65	147.31	131.53	295.6
Total Liabilities & Equity	265.5	428.87	449.36	478.68	358.21	583.32

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	87.58	223.98	174.64	175.45	130.05	86.73
Net Cash (Debt)	63.77	-184.36	-158.79	-130.26	-56.02	134.59
Net Cash Growth	-	-	-	-	-	-3.08%
Net Cash Per Share	0.11	-0.32	-0.28	-0.27	-0.12	0.27
Filing Date Shares Outstanding	600	600	600	500	500	500
Total Common Shares Outstanding	600	600	600	500	500	500
Working Capital	94.92	143.99	216.09	189.08	180.58	351.01
Book Value Per Share	0.14	0.16	0.24	0.29	0.26	0.59
Tangible Book Value	86.96	96.24	142.32	146.32	129.88	295.6
Tangible Book Value Per Share	0.14	0.16	0.24	0.29	0.26	0.59
Machinery	-	2.97	2.95	3.09	2.85	2.86
Leasehold Improvements	-	2.41	2.41	2.24	2.24	2.24

Data Source: S&P Global Market Intelligence Last updated: Dec 31, 2025

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Sep 3, 2026

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