Fenbi 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	869.14	945.95	671.53	1,047	1,160
Short-Term Investments	221.5	153.22	759.62	41.07	-
Trading Asset Securities	132.1	123.76	195.25	20.03	10.14
Cash & Short-Term Investments	1,223	1,223	1,626	1,109	1,170
Cash Growth	-0.02%	-24.81%	46.72%	-5.26%	70.98%
Accounts Receivable	37.52	35.81	73.17	27.78	29.18
Other Receivables	-	44.62	23.27	20.9	45.35
Receivables	37.52	114.65	96.44	48.68	74.52
Inventory	67.74	77.04	60.99	94.17	87.2
Prepaid Expenses	-	0.56	0.56	0.57	3.96
Restricted Cash	0.35	-	5.67	-	-
Other Current Assets	103.14	36.88	40.01	38.09	44.83
Total Current Assets	1,431	1,452	1,830	1,290	1,381
Property, Plant & Equipment	145.89	172.09	240.24	291.9	660.79
Long-Term Investments	205.91	200.12	-	-	-
Other Intangible Assets	3.18	2.99	0.37	0.87	0.88
Long-Term Deferred Tax Assets	32.75	38.97	39.92	37.4	64.81
Other Long-Term Assets	29.67	10.68	11.93	13.25	35.23
Total Assets	1,849	1,877	2,123	1,633	2,142
Accounts Payable	29.05	34.56	30.28	22.01	28.43
Accrued Expenses	148.06	188.71	294.15	194.58	261
Current Portion of Leases	31.08	49.71	46.58	62.63	167.78
Current Income Taxes Payable	15.23	25.66	24.7	25.56	22.16
Current Unearned Revenue	131.07	140.36	149.49	117.87	169.19
Other Current Liabilities	142.71	182.93	236.3	301.96	704.22
Total Current Liabilities	497.2	621.93	781.5	724.6	1,353
Long-Term Debt	-	-	-	11,669	8,756
Long-Term Leases	34.03	40.86	71.68	101.65	267.9
Long-Term Unearned Revenue	-	0.78	1.54	1.41	-
Long-Term Deferred Tax Liabilities	8.99	9.91	0.05	0.02	-
Total Liabilities	540.21	673.48	854.76	12,496	10,377
Common Stock	0.15	0.15	0.15	0.05	0.05
Additional Paid-In Capital	15,139	15,064	15,104	2,648	2,648
Retained Earnings	-3,919	-4,068	-4,308	-4,496	-2,409
Treasury Stock	-	-368.41	-177.78	-	-
Comprehensive Income & Other	-9,911	-9,424	-9,351	-9,015	-8,474
Shareholders' Equity	1,309	1,203	1,268	-10,863	-8,235
Total Liabilities & Equity	1,849	1,877	2,123	1,633	2,142
Total Debt	65.11	90.57	118.26	11,833	9,192
Net Cash (Debt)	1,158	1,132	1,508	-10,725	-8,022
Net Cash Growth	2.23%	-24.92%	-	-	-
Net Cash Per Share	0.53	0.52	0.68	-14.72	-11.01
Filing Date Shares Outstanding	2,207	2,230	2,237	728.62	728.62
Total Common Shares Outstanding	2,207	2,230	2,237	728.62	728.62
Working Capital	934.29	830.13	1,049	565.42	27.72
Book Value Per Share	0.59	0.54	0.57	-14.91	-11.30
Tangible Book Value	1,306	1,200	1,267	-10,864	-8,236
Tangible Book Value Per Share	0.59	0.54	0.57	-14.91	-11.30
Machinery	-	163.01	161.71	167.05	207.23
Construction In Progress	-	-	30.89	-	-
Leasehold Improvements	-	54.4	50.39	71.67	133.39

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