Shanghai Feilo Acoustics Co.,Ltd (SHA:600651)

SHA:600651 Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1,358	1,198	1,128	1,076	1,517	2,001
Trading Asset Securities	-	-	-	2.4	2.59	2.26
Cash & Short-Term Investments	1,358	1,198	1,128	1,078	1,520	2,003
Cash Growth	23.95%	6.18%	4.68%	-29.08%	-24.13%	14.32%
Accounts Receivable	647.79	759.72	858.22	853.4	835.78	1,412
Other Receivables	74.79	9.03	9.52	10.72	12.47	83.16
Receivables	722.58	768.75	867.75	864.12	848.26	1,495
Inventory	394.58	378.68	453.72	508.5	533.81	1,144
Prepaid Expenses	-	-	-	-	-	3.76
Other Current Assets	34.87	117.08	38.66	43.36	46.48	126.19
Total Current Assets	2,510	2,463	2,489	2,494	2,949	4,773
Property, Plant & Equipment	778.97	792.46	834.7	862.67	715.42	1,305
Long-Term Investments	528.55	587.43	672.26	659.57	638.5	599.68
Other Intangible Assets	213.73	214.95	224.46	233.96	240.82	577.73
Long-Term Accounts Receivable	-	-	-	0.42	0.42	150.86
Long-Term Deferred Tax Assets	29.04	30.46	36.72	37.89	37.24	57.68
Long-Term Deferred Charges	18.82	19.35	23.69	25.4	30.33	67.67
Other Long-Term Assets	11.63	11.09	6.17	4.09	138.53	164.58
Total Assets	4,090	4,118	4,287	4,318	4,750	7,696

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	298.65	321.65	446.9	454.09	420.86	1,073
Accrued Expenses	24.99	83.21	86.61	86.06	96.79	368.13
Short-Term Debt	243.86	243.86	249.56	246.25	112.14	322.39
Current Portion of Long-Term Debt	405.58	476.17	4.49	4.55	18.93	1,884
Current Portion of Leases	-	8.11	11.25	7.74	7.5	40.19
Current Income Taxes Payable	9.7	2.59	3.74	3.44	10.04	22.71
Current Unearned Revenue	96.44	66.78	117.1	128.38	138	177.6
Other Current Liabilities	101.25	91.78	106	141.62	264.27	551.57
Total Current Liabilities	1,180	1,294	1,026	1,072	1,069	4,439
Long-Term Debt	229.9	153.9	629.65	633.65	1,080	495.04
Long-Term Leases	0.89	1.64	9.73	14.44	12.59	70.2
Long-Term Unearned Revenue	40.77	37.63	43.1	50.88	58.54	86.91
Pension & Post-Retirement Benefits	18.48	18.89	23.12	24.3	24.61	129.36
Long-Term Deferred Tax Liabilities	1.8	1.83	5.28	4	4.64	103.43
Other Long-Term Liabilities	22.35	22.35	22.35	22.35	22.35	66.73
Total Liabilities	1,495	1,530	1,759	1,822	2,271	5,391

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	2,507	2,507	2,507	2,507	2,507	2,507
Additional Paid-In Capital	3,470	3,470	3,470	3,470	3,470	3,482
Retained Earnings	-3,450	-3,457	-3,512	-3,551	-3,589	-3,922
Comprehensive Income & Other	-3.82	-3.82	-7.87	-7.77	-6.31	104.99
Total Common Equity	2,523	2,517	2,457	2,418	2,381	2,172
Minority Interest	73.01	71.57	70.3	78.48	97.24	133.2
Shareholders' Equity	2,596	2,588	2,528	2,496	2,479	2,305
Total Liabilities & Equity	4,090	4,118	4,287	4,318	4,750	7,696

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	880.23	883.68	904.68	906.62	1,231	2,812
Net Cash (Debt)	477.47	314.53	223.78	171.37	288.87	-808.46
Net Cash Growth	121.39%	40.55%	30.58%	-40.68%	-	-
Net Cash Per Share	0.19	0.13	0.09	0.07	0.11	-0.32
Filing Date Shares Outstanding	2,507	2,507	2,507	2,507	2,507	2,507
Total Common Shares Outstanding	2,507	2,507	2,507	2,507	2,507	2,507
Working Capital	1,329	1,169	1,463	1,422	1,880	333.74
Book Value Per Share	1.01	1.00	0.98	0.96	0.95	0.87
Tangible Book Value	2,309	2,302	2,233	2,184	2,141	1,594
Tangible Book Value Per Share	0.92	0.92	0.89	0.87	0.85	0.64
Land	-	-	-	-	-	132.82
Buildings	-	663.71	663.71	663.69	283.32	970.7
Machinery	-	1,064	1,040	998.63	942.16	1,756
Construction In Progress	-	17.14	10.31	11.34	212.86	260.77

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 6, 2026

Data Sources Report a data error