Fenbi Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	400.95	869.14	945.95	671.53	1,047	1,160
Short-Term Investments	260.63	221.5	153.22	759.62	41.07	-
Trading Asset Securities	479.21	132.1	123.76	195.25	20.03	10.14
Cash & Short-Term Investments	1,141	1,223	1,223	1,626	1,109	1,170
Cash Growth	-14.29%	-0.02%	-24.81%	46.72%	-5.26%	70.98%
Accounts Receivable	98.02	38.51	35.81	73.17	27.78	29.18
Other Receivables	25.43	31.03	44.62	23.27	20.9	45.35
Receivables	146.68	74.53	114.65	96.44	48.68	74.52
Inventory	55.93	67.74	77.04	60.99	94.17	87.2
Prepaid Expenses	9.62	4.14	0.56	0.56	0.57	3.96
Restricted Cash	-	0.35	-	5.67	-	-
Other Current Assets	36.34	62	36.88	40.01	38.09	44.83
Total Current Assets	1,389	1,431	1,452	1,830	1,290	1,381
Property, Plant & Equipment	188.29	145.89	172.09	240.24	291.9	660.79
Long-Term Investments	205.16	205.91	200.12	-	-	-
Other Intangible Assets	2.84	3.18	2.99	0.37	0.87	0.88
Long-Term Deferred Tax Assets	17.78	32.75	38.97	39.92	37.4	64.81
Other Long-Term Assets	11.53	29.67	10.68	11.93	13.25	35.23
Total Assets	1,836	1,849	1,877	2,123	1,633	2,142

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Accounts Payable	29.32	29.05	34.56	30.28	22.01	28.43
Accrued Expenses	187.41	148.06	188.71	294.15	194.58	261
Current Portion of Leases	40.34	31.08	49.71	46.58	62.63	167.78
Current Income Taxes Payable	9.46	15.23	25.66	24.7	25.56	22.16
Current Unearned Revenue	267.18	131.07	140.36	149.49	117.87	169.19
Other Current Liabilities	103.26	142.71	182.93	236.3	301.96	704.22
Total Current Liabilities	636.98	497.2	621.93	781.5	724.6	1,353
Long-Term Debt	-	-	-	-	11,669	8,756
Long-Term Leases	72.75	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	6.82	8.99	9.91	0.05	0.02	-
Total Liabilities	716.55	540.21	673.48	854.76	12,496	10,377

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Common Stock	0.15	0.15	0.15	0.15	0.05	0.05
Additional Paid-In Capital	15,147	15,139	15,064	15,104	2,648	2,648
Retained Earnings	-4,103	-3,870	-4,068	-4,308	-4,496	-2,409
Treasury Stock	-	-467.97	-368.41	-177.78	-	-
Comprehensive Income & Other	-9,924	-9,493	-9,424	-9,351	-9,015	-8,474
Shareholders' Equity	1,120	1,309	1,203	1,268	-10,863	-8,235
Total Liabilities & Equity	1,836	1,849	1,877	2,123	1,633	2,142

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Total Debt	113.1	65.11	90.57	118.26	11,833	9,192
Net Cash (Debt)	1,028	1,158	1,132	1,508	-10,725	-8,022
Net Cash Growth	-18.53%	2.23%	-24.92%	-	-	-
Net Cash Per Share	0.48	0.53	0.52	0.68	-14.72	-11.01
Filing Date Shares Outstanding	2,209	2,207	2,230	2,237	728.62	728.62
Total Common Shares Outstanding	2,209	2,207	2,230	2,237	728.62	728.62
Working Capital	752.38	934.29	830.13	1,049	565.42	27.72
Book Value Per Share	0.51	0.59	0.54	0.57	-14.91	-11.30
Tangible Book Value	1,117	1,306	1,200	1,267	-10,864	-8,236
Tangible Book Value Per Share	0.51	0.59	0.54	0.57	-14.91	-11.30
Machinery	-	160.31	163.01	161.71	167.05	207.23
Construction In Progress	-	2.26	-	30.89	-	-
Leasehold Improvements	-	54.25	54.4	50.39	71.67	133.39