Xiamen Faratronic 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	Sep '26 Sep 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	431.22	271.5	327.07	593.23	1,368	786.05
Trading Asset Securities	1,414	1,560	974.79	512.09	534.58	1,015
Cash & Short-Term Investments	1,845	1,832	1,302	1,105	1,903	1,801
Cash Growth	14.56%	40.69%	17.78%	-41.91%	5.65%	31.54%
Accounts Receivable	2,377	2,348	2,278	1,643	1,553	1,144
Other Receivables	1.54	1.09	2.66	5.43	3.7	9.74
Receivables	2,378	2,349	2,281	1,648	1,557	1,154
Inventory	1,073	961.51	802.72	671.24	729.48	588.01
Prepaid Expenses	-	0.81	0.4	0.2	0.53	4.2
Other Current Assets	146.61	365.64	933.44	1.41	2.43	4.03
Total Current Assets	5,443	5,509	5,319	3,427	4,192	3,551
Property, Plant & Equipment	2,154	2,131	1,812	1,582	1,214	846.57
Long-Term Investments	44.26	876.23	423.52	1,057	-	-
Goodwill	-	-	13.59	19.15	19.15	19.15
Other Intangible Assets	102.56	103.35	110.07	118.9	65.21	70.94
Long-Term Deferred Tax Assets	-	-	0.32	0.43	0.25	0.33
Long-Term Deferred Charges	53.82	66.11	82.29	46.87	26.03	17.89
Other Long-Term Assets	1,375	42.29	57.18	54.85	153.32	135.32
Total Assets	9,172	8,728	7,818	6,306	5,670	4,642

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	2,219	2,177	2,010	1,139	1,133	828.4
Accrued Expenses	129.72	168.79	154.61	141.38	147.14	107.9
Short-Term Debt	17.22	13.79	24.59	18.3	36.98	39.9
Current Portion of Leases	-	-	0.4	2.03	0.34	0.25
Current Income Taxes Payable	74.95	69.86	50.24	38.28	13.74	44.5
Current Unearned Revenue	15.17	11.51	11.89	9.76	9.29	9.94
Other Current Liabilities	16.87	17.12	14.55	18.07	19.15	9.83
Total Current Liabilities	2,473	2,458	2,266	1,367	1,360	1,041
Long-Term Leases	-	-	0.61	0.79	2.79	1.37
Long-Term Unearned Revenue	107.4	94.55	64.67	46.66	50.99	34.25
Long-Term Deferred Tax Liabilities	150.63	144.94	138.02	136.12	114.88	71.72
Total Liabilities	2,731	2,698	2,469	1,551	1,529	1,148

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	225	225	225	225	225	225
Additional Paid-In Capital	261.97	261.97	261.97	261.97	261.97	261.97
Retained Earnings	5,957	5,545	4,803	4,213	3,594	2,948
Comprehensive Income & Other	-3.2	-1.58	-1.32	-1.77	-1.11	-0.97
Total Common Equity	6,441	6,030	5,288	4,699	4,080	3,434
Minority Interest	-	-	59.96	56.29	61.5	59.86
Shareholders' Equity	6,441	6,030	5,348	4,755	4,142	3,494
Total Liabilities & Equity	9,172	8,728	7,818	6,306	5,670	4,642

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	17.22	13.79	25.6	21.12	40.11	41.53
Net Cash (Debt)	1,828	1,818	1,276	1,084	1,863	1,760
Net Cash Growth	15.73%	42.43%	17.71%	-41.80%	5.87%	29.45%
Net Cash Per Share	8.11	8.08	5.67	4.82	8.27	7.82
Filing Date Shares Outstanding	226.04	225	225	225	225	225
Total Common Shares Outstanding	226.04	225	225	225	225	225
Working Capital	2,970	3,050	3,053	2,059	2,832	2,511
Book Value Per Share	28.50	26.80	23.50	20.88	18.13	15.26
Tangible Book Value	6,339	5,927	5,165	4,561	3,996	3,344
Tangible Book Value Per Share	28.04	26.34	22.95	20.27	17.76	14.86
Buildings	-	1,060	537.08	532.14	369.47	368.46
Machinery	-	2,546	2,321	2,159	1,803	1,445
Construction In Progress	-	82.65	322.86	90.1	99.85	7.24