Flowing Cloud Technology Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	62.02	162.42	332.67	404.5	214.28
Short-Term Investments	25.43	-	3.24	3.46	-
Cash & Short-Term Investments	87.45	162.42	335.9	407.96	214.28
Cash Growth	-46.16%	-51.65%	-17.66%	90.39%	106.00%
Accounts Receivable	695.04	641.89	561.51	375.52	161.86
Other Receivables	4.01	5.9	0.28	0.19	0.24
Receivables	699.05	647.79	561.79	375.7	162.09
Prepaid Expenses	-	9.01	14.75	31.13	13.97
Other Current Assets	635.79	749.04	580.21	463.84	152.94
Total Current Assets	1,422	1,568	1,493	1,279	543.28
Property, Plant & Equipment	6.5	7.19	12.76	8.05	8.63
Long-Term Investments	26.28	84.88	112.46	190.53	-
Other Intangible Assets	108.76	99.68	95	47.93	29.27
Long-Term Deferred Tax Assets	10.51	10.51	8.41	1.93	1.33
Long-Term Deferred Charges	-	-	-	0.39	1.01
Total Assets	1,574	1,771	1,721	1,527	583.52
Accounts Payable	263.47	190.82	69.73	72.43	44.26
Accrued Expenses	-	60.09	67.59	61.97	24.73
Short-Term Debt	113	88	95	80	22.3
Current Portion of Leases	2.04	1.69	2.5	4.37	3.02
Current Income Taxes Payable	0.41	1.2	9.51	8.82	12.45
Current Unearned Revenue	7.32	29.06	13.06	67.71	21.09
Other Current Liabilities	70.67	2.65	10.76	5.23	6.35
Total Current Liabilities	456.9	373.51	268.14	300.53	134.2
Long-Term Leases	2.05	-	0.9	1.52	2.74
Other Long-Term Liabilities	6.79	14	-	-	-
Total Liabilities	465.74	387.51	269.04	302.05	136.95
Common Stock	0.19	0.13	0.13	0.13	0.01
Additional Paid-In Capital	-	521.25	521.25	521.25	-
Retained Earnings	-	693.88	735.67	471.73	234.98
Treasury Stock	-	-5.21	-4.58	-	-
Comprehensive Income & Other	1,104	170.23	197.04	229.57	208.69
Total Common Equity	1,104	1,380	1,450	1,223	443.68
Minority Interest	4.44	2.73	2.73	2.73	2.89
Shareholders' Equity	1,109	1,383	1,452	1,225	446.57
Total Liabilities & Equity	1,574	1,771	1,721	1,527	583.52
Total Debt	117.09	89.69	98.4	85.89	28.06
Net Cash (Debt)	-29.64	72.73	237.51	322.07	186.22
Net Cash Growth	-	-69.38%	-26.25%	72.95%	188.73%
Net Cash Per Share	-0.28	0.81	2.62	4.04	2.76
Filing Date Shares Outstanding	119.45	90.31	90.37	90.5	76.93
Total Common Shares Outstanding	119.45	90.31	90.37	90.5	76.93
Working Capital	965.39	1,195	1,225	978.1	409.08
Book Value Per Share	9.24	15.28	16.04	13.51	5.77
Tangible Book Value	995.41	1,281	1,355	1,175	414.41
Tangible Book Value Per Share	8.33	14.18	14.99	12.98	5.39
Machinery	-	13.98	13.59	4.2	3.06

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