Flat Glass Group Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	3,787	4,014	5,295	6,616	2,932	2,843
Short-Term Investments	702.62	316.5	150	-	41.01	-
Trading Asset Securities	540.07	480.02	520.02	230	2	200
Cash & Short-Term Investments	5,029	4,811	5,965	6,846	2,975	3,043
Cash Growth	1.61%	-19.35%	-12.88%	130.12%	-2.23%	52.88%
Accounts Receivable	4,227	4,569	5,268	7,285	6,102	2,577
Other Receivables	63.55	693.03	470.49	222.83	115.73	16.22
Receivables	4,290	5,263	5,738	7,508	6,217	2,593
Inventory	1,780	1,735	1,733	2,001	2,396	2,276
Prepaid Expenses	-	0.41	2.93	0.41	0.41	-
Other Current Assets	810.85	467.71	437.89	476.58	792	986.02
Total Current Assets	11,910	12,277	13,877	16,833	12,381	8,898
Property, Plant & Equipment	21,638	21,982	20,301	17,644	13,295	9,554
Long-Term Investments	350.36	478.48	479.95	100.91	82.75	71.53
Other Intangible Assets	6,216	6,253	6,326	3,280	3,784	662.71
Long-Term Deferred Tax Assets	378.94	334.26	326.5	219.71	92.56	4.16
Long-Term Deferred Charges	204.98	207.03	243.55	80.72	15.69	6.95
Other Long-Term Assets	836.37	853.81	1,366	4,824	2,731	885.71
Total Assets	41,534	42,384	42,920	42,982	32,382	20,083

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	1,945	1,661	2,446	2,983	3,495	3,344
Accrued Expenses	249.79	256.84	239.74	302.86	270.1	156.27
Short-Term Debt	1,560	832.48	1,017	1,914	3,095	1,861
Current Portion of Long-Term Debt	2,716	2,315	2,225	1,173	1,260	309.46
Current Portion of Leases	23.45	30.25	23.38	37.55	0.69	0.64
Current Income Taxes Payable	138.46	80.44	96.21	61.87	75.57	11.39
Current Unearned Revenue	43.9	44.47	33.29	129.11	115.05	352.68
Other Current Liabilities	2,444	2,621	2,615	2,584	2,222	129.44
Total Current Liabilities	9,121	7,841	8,696	9,185	10,533	6,164
Long-Term Debt	9,239	10,509	11,009	10,411	7,478	1,968
Long-Term Leases	756.3	766.36	764.32	538.24	11.93	10.88
Long-Term Unearned Revenue	305.67	321.32	207.24	56.48	58.54	25.44
Long-Term Deferred Tax Liabilities	226.65	331.15	406.9	401.4	123.53	104.22
Other Long-Term Liabilities	122.53	3.9	52.54	98.95	144.12	-
Total Liabilities	19,771	19,773	21,136	20,691	18,349	8,273

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	585.72	585.72	585.73	587.83	536.72	536.72
Additional Paid-In Capital	10,705	10,705	10,672	10,694	4,780	4,833
Retained Earnings	10,376	11,089	10,108	10,292	8,092	6,463
Treasury Stock	-375.32	-301.86	-229.5	-15.99	-23.81	-32.1
Comprehensive Income & Other	376.58	437.58	561.96	656.54	647.26	9.65
Total Common Equity	21,668	22,515	21,699	22,215	14,032	11,810
Minority Interest	95.42	96.5	85.36	75.84	-	-
Shareholders' Equity	21,764	22,612	21,784	22,291	14,032	11,810
Total Liabilities & Equity	41,534	42,384	42,920	42,982	32,382	20,083

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	14,295	14,453	15,039	14,074	11,845	4,149
Net Cash (Debt)	-9,266	-9,642	-9,074	-7,228	-8,870	-1,107
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-4.07	-4.14	-3.88	-3.24	-4.13	-0.52
Filing Date Shares Outstanding	2,317	2,330	2,333	2,358	2,147	2,147
Total Common Shares Outstanding	2,317	2,330	2,333	2,358	2,147	2,147
Working Capital	2,790	4,435	5,182	7,648	1,848	2,734
Book Value Per Share	9.35	9.66	9.30	9.42	6.54	5.50
Tangible Book Value	15,452	16,262	15,373	18,936	10,249	11,147
Tangible Book Value Per Share	6.67	6.98	6.59	8.03	4.77	5.19
Buildings	8,531	8,402	6,408	5,311	3,896	2,257
Machinery	15,467	15,726	15,155	13,640	9,978	5,925
Construction In Progress	3,781	3,414	2,941	1,756	1,874	3,067