Flat Glass Group Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	3,854	4,014	5,295	6,616	2,932	2,843
Short-Term Investments	159.4	316.5	150	-	41.01	-
Trading Asset Securities	400.08	480.02	520.02	230	2	200
Cash & Short-Term Investments	4,414	4,811	5,965	6,846	2,975	3,043
Cash Growth	-14.08%	-19.35%	-12.88%	130.12%	-2.23%	52.88%
Accounts Receivable	5,140	4,569	5,268	7,285	6,102	2,577
Other Receivables	40.25	693.03	470.49	222.83	115.73	16.22
Receivables	5,180	5,263	5,738	7,508	6,217	2,593
Inventory	1,547	1,735	1,733	2,001	2,396	2,276
Prepaid Expenses	-	0.41	2.93	0.41	0.41	-
Other Current Assets	1,341	467.71	437.89	476.58	792	986.02
Total Current Assets	12,481	12,277	13,877	16,833	12,381	8,898
Property, Plant & Equipment	21,719	21,982	20,301	17,644	13,295	9,554
Long-Term Investments	513.3	478.48	479.95	100.91	82.75	71.53
Other Intangible Assets	6,336	6,253	6,326	3,280	3,784	662.71
Long-Term Deferred Tax Assets	345.07	334.26	326.5	219.71	92.56	4.16
Long-Term Deferred Charges	209.06	207.03	243.55	80.72	15.69	6.95
Other Long-Term Assets	954.46	853.81	1,366	4,824	2,731	885.71
Total Assets	42,558	42,384	42,920	42,982	32,382	20,083
Accounts Payable	3,921	1,661	2,446	2,983	3,495	3,344
Accrued Expenses	126.75	256.84	239.74	302.86	270.1	156.27
Short-Term Debt	1,327	832.48	1,017	1,914	3,095	1,861
Current Portion of Long-Term Debt	2,622	2,315	2,225	1,173	1,260	309.46
Current Portion of Leases	-	30.25	23.38	37.55	0.69	0.64
Current Income Taxes Payable	186.12	80.44	96.21	61.87	75.57	11.39
Current Unearned Revenue	70.4	44.47	33.29	129.11	115.05	352.68
Other Current Liabilities	238.2	2,621	2,615	2,584	2,222	129.44
Total Current Liabilities	8,491	7,841	8,696	9,185	10,533	6,164
Long-Term Debt	9,955	10,509	11,009	10,411	7,478	1,968
Long-Term Leases	757.13	766.36	764.32	538.24	11.93	10.88
Long-Term Unearned Revenue	313.5	321.32	207.24	56.48	58.54	25.44
Long-Term Deferred Tax Liabilities	298.27	331.15	406.9	401.4	123.53	104.22
Other Long-Term Liabilities	123.5	3.9	52.54	98.95	144.12	-
Total Liabilities	19,939	19,773	21,136	20,691	18,349	8,273
Common Stock	585.72	585.72	585.73	587.83	536.72	536.72
Additional Paid-In Capital	10,706	10,705	10,672	10,694	4,780	4,833
Retained Earnings	11,127	11,089	10,108	10,292	8,092	6,463
Treasury Stock	-301.86	-301.86	-229.5	-15.99	-23.81	-32.1
Comprehensive Income & Other	406.72	437.58	561.96	656.54	647.26	9.65
Total Common Equity	22,523	22,515	21,699	22,215	14,032	11,810
Minority Interest	95.96	96.5	85.36	75.84	-	-
Shareholders' Equity	22,619	22,612	21,784	22,291	14,032	11,810
Total Liabilities & Equity	42,558	42,384	42,920	42,982	32,382	20,083
Total Debt	14,660	14,453	15,039	14,074	11,845	4,149
Net Cash (Debt)	-10,247	-9,642	-9,074	-7,228	-8,870	-1,107
Net Cash Per Share	-4.50	-4.14	-3.88	-3.24	-4.13	-0.52
Filing Date Shares Outstanding	1,907	2,330	2,333	2,358	2,147	2,147
Total Common Shares Outstanding	1,907	2,330	2,333	2,358	2,147	2,147
Working Capital	3,990	4,435	5,182	7,648	1,848	2,734
Book Value Per Share	11.81	9.66	9.30	9.42	6.54	5.50
Tangible Book Value	16,187	16,262	15,373	18,936	10,249	11,147
Tangible Book Value Per Share	8.49	6.98	6.59	8.03	4.77	5.19
Buildings	-	8,402	6,408	5,311	3,896	2,257
Machinery	-	15,726	15,155	13,640	9,978	5,925
Construction In Progress	-	3,414	2,941	1,756	1,874	3,067

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