Futian Holdings Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	62.05	72.33	53.36	55.26	46.01	46.61
Short-Term Investments	-	-	-	-	-	2.38
Cash & Short-Term Investments	62.05	72.33	53.36	55.26	46.01	48.99
Cash Growth	24.84%	35.56%	-3.44%	20.11%	-6.08%	55.10%
Receivables	66.39	74.39	129.22	161.57	171.86	152.85
Inventory	0.78	-	-	12.57	4.36	11.33
Other Current Assets	24.94	19.56	11.66	20.73	35.84	13.86
Total Current Assets	154.15	166.28	194.24	250.12	258.07	227.03
Property, Plant & Equipment	8.51	6.66	7.21	7.79	10.17	13.48
Long-Term Investments	1.91	1.91	2.96	3.4	3.4	1.5
Other Intangible Assets	0.05	0.05	0.06	0.31	1.03	1.74
Long-Term Accounts Receivable	25.19	25.19	32.32	39.44	46.48	51.19
Other Long-Term Assets	25.8	25.8	27.5	30.24	25.41	24.5
Total Assets	215.61	225.89	264.29	331.3	344.55	319.44
Accounts Payable	87.2	87.79	129.8	181.65	127.65	125.63
Current Portion of Long-Term Debt	-	-	-	25	38.5	42.82
Current Portion of Leases	-	-	0.07	0.1	0.09	0.05
Current Income Taxes Payable	2.28	0.98	2.4	2.05	1.45	1.21
Current Unearned Revenue	3.16	22.57	27.72	15	66.01	25.94
Other Current Liabilities	27.2	26.56	23.73	30.62	31.07	26.67
Total Current Liabilities	119.84	137.9	183.71	254.41	264.77	222.32
Long-Term Debt	-	-	-	-	-	0.5
Long-Term Leases	9.51	9.4	0.07	0.1	0.18	0.05
Long-Term Deferred Tax Liabilities	5.06	5.06	5.51	5.74	4.78	4.68
Total Liabilities	134.41	152.35	189.29	260.25	269.73	227.54
Common Stock	3.13	2.58	2.4	2.4	2.4	2.4
Additional Paid-In Capital	104.78	103.93	98.82	98.82	98.82	98.82
Retained Earnings	-39.32	-41.32	-34.27	-37.14	-25.6	-8.56
Comprehensive Income & Other	12.62	8.35	8.07	6.98	-0.8	-0.76
Total Common Equity	81.2	73.54	75.01	71.05	74.82	91.9
Minority Interest	-	-	-	-	-	-0.01
Shareholders' Equity	81.2	73.54	75.01	71.05	74.82	91.9
Total Liabilities & Equity	215.61	225.89	264.29	331.3	344.55	319.44
Total Debt	9.51	9.4	0.13	25.2	38.76	43.42
Net Cash (Debt)	52.53	62.94	53.23	30.07	7.25	5.57
Net Cash Growth	5.70%	18.24%	77.04%	314.57%	30.27%	-
Net Cash Per Share	1.65	2.03	1.77	1.00	0.24	0.19
Filing Date Shares Outstanding	37.94	31.94	30	30	30	30
Total Common Shares Outstanding	37.94	31.94	30	30	30	30
Working Capital	34.31	28.38	10.53	-4.29	-6.7	4.71
Book Value Per Share	2.14	2.30	2.50	2.37	2.49	3.06
Tangible Book Value	81.15	73.49	74.94	70.74	73.8	90.16
Tangible Book Value Per Share	2.14	2.30	2.50	2.36	2.46	3.01
Buildings	-	6.78	6.78	6.78	9.19	9.19
Machinery	-	6.92	6.92	6.9	6.61	14.98
Construction In Progress	-	1.59	1.59	1.59	1.59	1.59

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