Folangsi Co., Ltd. (HKG:2499)

Folangsi Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	167.57	205.39	200.76	120.64	188.16	83.61
Short-Term Investments	13.37	12.86	9.43	8.5	-	-
Cash & Short-Term Investments	180.94	218.25	210.19	129.14	188.16	83.61
Cash Growth	-0.51%	3.84%	62.76%	-31.37%	125.05%	-44.73%
Accounts Receivable	453.45	389.23	373.96	294.04	269.61	239.87
Other Receivables	37.38	52.08	80.13	84.27	79.95	64.18
Receivables	490.82	441.31	454.1	378.3	349.56	304.05
Inventory	158.13	163.95	91.01	84.5	69.17	56.62
Restricted Cash	43.92	50.49	73.13	30.85	44.76	31.46
Other Current Assets	23.41	19.49	18.08	13.26	18.25	24.91
Total Current Assets	897.22	893.48	846.5	636.05	669.91	500.65
Property, Plant & Equipment	2,850	2,683	2,172	1,906	1,786	1,568
Long-Term Investments	12.6	12.33	10.8	10.56	8.87	18.18
Other Intangible Assets	32.78	36.71	7.88	8.68	3.86	3.85
Long-Term Deferred Tax Assets	7.81	6.35	5.76	4.83	4.31	5.18
Other Long-Term Assets	161.43	149.48	104.55	96.51	86.17	78.99
Total Assets	3,962	3,781	3,148	2,662	2,559	2,175
Accounts Payable	360.28	389.27	306.67	262.56	235.45	193.2
Accrued Expenses	27.4	-	-	-	22.53	21.82
Short-Term Debt	24.12	24.12	-	-	-	-
Current Portion of Long-Term Debt	303.07	309.49	245.43	174.11	157.41	168.12
Current Portion of Leases	530.66	497.33	402.58	353.91	321.78	343.52
Current Income Taxes Payable	6.61	2.7	0.78	-	0.76	4.69
Current Unearned Revenue	23.12	-	-	-	8.97	7.24
Other Current Liabilities	131.38	172	161.83	112.85	71.7	63.32
Total Current Liabilities	1,407	1,395	1,117	903.44	818.59	801.92
Long-Term Debt	489.38	423.47	453.62	406.97	391.01	239.81
Long-Term Leases	823.1	756.2	481.23	432.19	459.6	422.62
Long-Term Deferred Tax Liabilities	3.07	3.41	0.58	0.65	-	-
Other Long-Term Liabilities	20.6	24.5	18.26	19.78	25.87	27.19
Total Liabilities	2,743	2,602	2,071	1,763	1,695	1,492
Common Stock	87.01	87.01	87.01	83.97	83.97	80.48
Additional Paid-In Capital	688.35	688.35	688.35	545.27	545.79	423.95
Retained Earnings	442.98	402.88	300.92	269.7	234.3	179.12
Comprehensive Income & Other	0.51	0.51	0.51	0.51	-	-
Shareholders' Equity	1,219	1,179	1,077	899.46	864.06	683.56
Total Liabilities & Equity	3,962	3,781	3,148	2,662	2,559	2,175
Total Debt	2,170	2,011	1,583	1,367	1,330	1,174
Net Cash (Debt)	-1,989	-1,792	-1,373	-1,238	-1,142	-1,090
Net Cash Per Share	-5.72	-5.15	-4.06	-3.69	-3.48	-3.39
Filing Date Shares Outstanding	348.02	348.02	348.02	335.89	327.75	321.94
Total Common Shares Outstanding	348.02	348.02	348.02	335.89	327.75	321.94
Working Capital	-509.43	-501.44	-270.79	-267.38	-148.69	-301.27
Book Value Per Share	3.50	3.39	3.09	2.68	2.64	2.12
Tangible Book Value	1,186	1,142	1,069	890.78	860.2	679.71
Tangible Book Value Per Share	3.41	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.