Flowing Cloud Technology Ltd (HKG:6610)

Flowing Cloud Technology 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	21	162.42	332.67	404.5	214.28	104.02
Short-Term Investments	3.92	-	3.24	3.46	-	-
Cash & Short-Term Investments	24.91	162.42	335.9	407.96	214.28	104.02
Cash Growth	-82.07%	-51.65%	-17.66%	90.39%	106.00%	788.65%
Accounts Receivable	781.06	641.89	561.51	375.52	161.86	139.76
Other Receivables	2.19	5.9	0.28	0.19	0.24	0.43
Receivables	783.25	647.79	561.79	375.7	162.09	140.19
Inventory	-	-	-	-	-	4.3
Prepaid Expenses	9.62	9.01	14.75	31.13	13.97	6.88
Other Current Assets	712.51	749.04	580.21	463.84	152.94	106.93
Total Current Assets	1,530	1,568	1,493	1,279	543.28	362.31
Property, Plant & Equipment	5.49	7.19	12.76	8.05	8.63	1.37
Long-Term Investments	78.64	84.88	112.46	190.53	-	-
Other Intangible Assets	122.72	99.68	95	47.93	29.27	25.84
Long-Term Deferred Tax Assets	24.07	10.51	8.41	1.93	1.33	1.08
Long-Term Deferred Charges	-	-	-	0.39	1.01	-
Total Assets	1,761	1,771	1,721	1,527	583.52	390.6
Accounts Payable	255.07	190.82	69.73	72.43	44.26	45.52
Accrued Expenses	-	60.09	67.59	61.97	24.73	16.7
Short-Term Debt	95.5	88	95	80	22.3	38.67
Current Portion of Leases	1.14	1.69	2.5	4.37	3.02	0.69
Current Income Taxes Payable	6.87	1.2	9.51	8.82	12.45	14.97
Current Unearned Revenue	9.19	29.06	13.06	67.71	21.09	44.44
Other Current Liabilities	49.14	2.65	10.76	5.23	6.35	50.03
Total Current Liabilities	416.92	373.51	268.14	300.53	134.2	211.02
Long-Term Leases	-	-	0.9	1.52	2.74	0.17
Other Long-Term Liabilities	21.7	14	-	-	-	-
Total Liabilities	438.62	387.51	269.04	302.05	136.95	211.18
Common Stock	0.15	0.13	0.13	0.13	0.01	9.06
Additional Paid-In Capital	583.5	521.25	521.25	521.25	-	-
Retained Earnings	578.16	693.88	735.67	471.73	234.98	164.78
Treasury Stock	-0.63	-5.21	-4.58	-	-	-
Comprehensive Income & Other	158.02	170.23	197.04	229.57	208.69	4.21
Total Common Equity	1,319	1,380	1,450	1,223	443.68	178.05
Minority Interest	3.38	2.73	2.73	2.73	2.89	1.37
Shareholders' Equity	1,323	1,383	1,452	1,225	446.57	179.42
Total Liabilities & Equity	1,761	1,771	1,721	1,527	583.52	390.6
Total Debt	96.64	89.69	98.4	85.89	28.06	39.52
Net Cash (Debt)	-71.73	72.73	237.51	322.07	186.22	64.49
Net Cash Growth	-	-69.38%	-26.25%	72.95%	188.73%	-
Net Cash Per Share	-0.78	0.81	2.62	4.04	2.76	1.07
Filing Date Shares Outstanding	108.36	90.31	90.37	90.5	76.93	60.03
Total Common Shares Outstanding	108.36	90.31	90.37	90.5	76.93	60.03
Working Capital	1,113	1,195	1,225	978.1	409.08	151.3
Book Value Per Share	12.17	15.28	16.04	13.51	5.77	2.97
Tangible Book Value	1,196	1,281	1,355	1,175	414.41	152.21
Tangible Book Value Per Share	11.04	14.18	14.99	12.98	5.39	2.54
Machinery	-	13.98	13.59	4.2	3.06	0.76

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