Fujing Holdings Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	285.06	226.13	89.43	71.08	22.96	6.97
Cash & Short-Term Investments	285.06	226.13	89.43	71.08	22.96	6.97
Cash Growth	46.85%	152.86%	25.82%	209.54%	229.55%	-
Accounts Receivable	60.26	49.63	61.91	53.44	46.59	31.12
Other Receivables	-	51.49	0.8	0.52	0.5	0.96
Receivables	60.26	101.12	62.71	53.96	47.09	32.08
Inventory	10.08	7.06	11.39	9.93	9.98	9.43
Prepaid Expenses	-	25.44	1.96	-	-	-
Other Current Assets	104.59	-	6.26	5.75	8.59	2.11
Total Current Assets	459.99	359.74	171.74	140.71	88.62	50.58
Property, Plant & Equipment	233.56	216.13	183.6	184.76	195.05	191.15
Other Long-Term Assets	16.26	16.75	21.22	6.14	6.43	6.73
Total Assets	709.81	592.62	376.57	331.61	290.09	248.45
Accounts Payable	37.55	52.86	7.24	15.55	5.32	9.15
Accrued Expenses	12.32	1.75	0.5	0.51	0.41	0.39
Short-Term Debt	-	-	-	20	20	20
Current Portion of Long-Term Debt	130	35	20	-	-	-
Current Portion of Leases	0.39	0.38	0.11	0.1	0.12	0.08
Current Unearned Revenue	0.23	0.23	0.23	0.23	0.23	0.23
Other Current Liabilities	0.03	12.79	5.45	1.06	1.34	2.92
Total Current Liabilities	180.52	103.01	33.52	37.45	27.42	32.77
Long-Term Debt	13.9	5	-	-	-	-
Long-Term Leases	3.45	3.83	0.35	0.45	0.55	0.64
Long-Term Unearned Revenue	2.71	2.82	3.05	3.27	3.5	3.73
Total Liabilities	200.58	114.65	36.91	41.18	31.48	37.14
Common Stock	36.29	36.29	0.01	0.01	0.01	0.01
Additional Paid-In Capital	49.73	49.73	-	-	-	-
Retained Earnings	350.85	319.24	267.48	218.25	186.44	139.14
Comprehensive Income & Other	72.36	72.71	72.16	72.16	72.17	72.16
Shareholders' Equity	509.23	477.97	339.65	290.43	258.62	211.31
Total Liabilities & Equity	709.81	592.62	376.57	331.61	290.09	248.45
Total Debt	147.75	44.21	20.45	20.55	20.68	20.72
Net Cash (Debt)	137.32	181.92	68.98	50.53	2.29	-13.75
Net Cash Growth	-23.13%	163.73%	36.52%	2110.28%	-	-
Net Cash Per Share	0.27	0.38	0.17	0.13	0.01	-0.04
Filing Date Shares Outstanding	500	500	400	390	390	390
Total Common Shares Outstanding	500	500	400	390	390	390
Working Capital	279.47	256.73	138.22	103.26	61.19	17.81
Book Value Per Share	1.02	0.96	0.85	0.74	0.66	0.54
Tangible Book Value	509.23	477.97	339.65	290.43	258.62	211.31
Tangible Book Value Per Share	1.02	0.96	0.85	0.74	0.66	0.54
Buildings	-	79.15	58.6	54.09	54.82	51.49
Machinery	-	15.1	12.64	16.21	17.69	17.67
Construction In Progress	-	20.66	5.42	0.43	0.43	0.32

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