Folangsi Co., Ltd. (HKG:2499)

Folangsi Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	205.39	200.76	120.64	188.16	83.61
Short-Term Investments	12.86	9.43	8.5	-	-
Cash & Short-Term Investments	218.25	210.19	129.14	188.16	83.61
Cash Growth	3.84%	62.76%	-31.37%	125.05%	-44.73%
Accounts Receivable	389.23	373.96	294.04	269.61	239.87
Other Receivables	52.08	80.13	84.27	79.95	64.18
Receivables	441.31	454.1	378.3	349.56	304.05
Inventory	163.95	91.01	84.5	69.17	56.62
Restricted Cash	50.49	73.13	30.85	44.76	31.46
Other Current Assets	19.49	18.08	13.26	18.25	24.91
Total Current Assets	893.48	846.5	636.05	669.91	500.65
Property, Plant & Equipment	2,683	2,172	1,906	1,786	1,568
Long-Term Investments	12.33	10.8	10.56	8.87	18.18
Other Intangible Assets	36.71	7.88	8.68	3.86	3.85
Long-Term Deferred Tax Assets	6.35	5.76	4.83	4.31	5.18
Other Long-Term Assets	149.48	104.55	96.51	86.17	78.99
Total Assets	3,781	3,148	2,662	2,559	2,175
Accounts Payable	389.27	306.67	262.56	235.45	193.2
Accrued Expenses	-	-	-	22.53	21.82
Short-Term Debt	24.12	-	-	-	-
Current Portion of Long-Term Debt	309.49	245.43	174.11	157.41	168.12
Current Portion of Leases	497.33	402.58	353.91	321.78	343.52
Current Income Taxes Payable	2.7	0.78	-	0.76	4.69
Current Unearned Revenue	-	-	-	8.97	7.24
Other Current Liabilities	172	161.83	112.85	71.7	63.32
Total Current Liabilities	1,395	1,117	903.44	818.59	801.92
Long-Term Debt	423.47	453.62	406.97	391.01	239.81
Long-Term Leases	756.2	481.23	432.19	459.6	422.62
Long-Term Deferred Tax Liabilities	3.41	0.58	0.65	-	-
Other Long-Term Liabilities	24.5	18.26	19.78	25.87	27.19
Total Liabilities	2,602	2,071	1,763	1,695	1,492
Common Stock	87.01	87.01	83.97	83.97	80.48
Additional Paid-In Capital	688.35	688.35	545.27	545.79	423.95
Retained Earnings	402.88	300.92	269.7	234.3	179.12
Comprehensive Income & Other	0.51	0.51	0.51	-	-
Shareholders' Equity	1,179	1,077	899.46	864.06	683.56
Total Liabilities & Equity	3,781	3,148	2,662	2,559	2,175
Total Debt	2,011	1,583	1,367	1,330	1,174
Net Cash (Debt)	-1,792	-1,373	-1,238	-1,142	-1,090
Net Cash Per Share	-5.15	-4.06	-3.69	-3.48	-3.39
Filing Date Shares Outstanding	348.02	348.02	335.89	327.75	321.94
Total Common Shares Outstanding	348.02	348.02	335.89	327.75	321.94
Working Capital	-501.44	-270.79	-267.38	-148.69	-301.27
Book Value Per Share	3.39	3.09	2.68	2.64	2.12
Tangible Book Value	1,142	1,069	890.78	860.2	679.71
Tangible Book Value Per Share	3.28	3.07	2.65	2.62	2.11
Buildings	340.41	340.41	241.04	130.77	-
Machinery	1,900	1,493	1,267	1,180	1,031
Construction In Progress	10.63	4.33	39.94	71.02	103.17
Leasehold Improvements	22.98	17.81	14.17	11.81	9.01

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