Ningbo Fuda Company 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	Sep '25 Sep 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	785.65	785.59	1,600	1,267	956.28	1,542
Trading Asset Securities	-	-	-	6.1	512.04	-
Cash & Short-Term Investments	785.65	785.59	1,600	1,273	1,468	1,542
Cash Growth	7.90%	-50.91%	25.70%	-13.29%	-4.78%	-22.60%
Accounts Receivable	257.82	324.51	454.04	469.65	475.05	462.59
Other Receivables	7.33	11.77	27.1	21.2	11.8	12.08
Receivables	265.15	336.28	481.15	490.85	486.86	474.67
Inventory	114.47	102.62	303.34	216.58	190.92	152.89
Other Current Assets	340.98	30.71	99.52	137.63	40.44	18.79
Total Current Assets	1,506	1,255	2,484	2,118	2,187	2,188
Property, Plant & Equipment	574.79	604.92	728.81	774.92	651.7	586.76
Long-Term Investments	87.89	87.89	125.19	128.43	131.68	43.26
Goodwill	1.26	1.26	1.26	1.26	1.26	1.26
Other Intangible Assets	161.38	165.33	156.12	156.78	133.18	126
Long-Term Deferred Tax Assets	12.33	11.72	17.27	7.83	4.16	1.04
Long-Term Deferred Charges	17.89	19.71	24.5	31.48	39.11	27.41
Other Long-Term Assets	1,708	2,063	1,092	1,118	1,142	1,183
Total Assets	4,070	4,209	4,630	4,337	4,290	4,157
Accounts Payable	130.45	159.98	178.9	190.6	133.48	195.81
Accrued Expenses	17.56	83.22	92.67	87.98	123.3	124.96
Short-Term Debt	203.47	273.44	517.25	213.25	48.06	60.07
Current Portion of Long-Term Debt	21.26	78.59	21.04	18.6	9.17	-
Current Portion of Leases	-	0.57	2.07	0.57	2.86	-
Current Income Taxes Payable	48.11	14.37	14.39	31.03	72.49	55.38
Current Unearned Revenue	101.77	87.12	133.3	93.63	89.53	103.04
Other Current Liabilities	125.38	131.6	168.16	131.9	136.28	131.92
Total Current Liabilities	647.98	828.88	1,128	767.57	615.17	671.18
Long-Term Debt	179.02	81.36	117.27	118.18	67.93	-
Long-Term Leases	-	-	0.57	-	0.57	-
Long-Term Deferred Tax Liabilities	21.83	14.12	7.57	10.43	6.71	6.53
Other Long-Term Liabilities	11.39	13.17	1.67	1.67	1.67	-
Total Liabilities	860.23	937.53	1,255	897.84	692.04	677.71
Common Stock	1,445	1,445	1,445	1,445	1,445	1,445
Additional Paid-In Capital	260.18	260.18	260.18	260.18	260.18	260.15
Retained Earnings	1,146	1,179	1,186	1,173	1,290	1,247
Comprehensive Income & Other	1.55	1.05	1.36	0.09	-	-
Total Common Equity	2,853	2,886	2,893	2,878	2,996	2,953
Minority Interest	356.46	385.92	481.79	560.35	602.3	526.27
Shareholders' Equity	3,209	3,272	3,375	3,439	3,598	3,479
Total Liabilities & Equity	4,070	4,209	4,630	4,337	4,290	4,157
Total Debt	403.74	433.96	658.2	350.6	128.59	60.07
Net Cash (Debt)	381.91	351.63	942.16	922.53	1,340	1,482
Net Cash Growth	30.45%	-62.68%	2.13%	-31.14%	-9.59%	14.90%
Net Cash Per Share	0.26	0.24	0.65	0.64	0.93	1.03
Filing Date Shares Outstanding	1,445	1,445	1,445	1,445	1,445	1,445
Total Common Shares Outstanding	1,445	1,445	1,445	1,445	1,445	1,445
Working Capital	858.27	426.33	1,357	1,351	1,571	1,517
Book Value Per Share	1.97	2.00	2.00	1.99	2.07	2.04
Tangible Book Value	2,690	2,719	2,736	2,720	2,861	2,826
Tangible Book Value Per Share	1.86	1.88	1.89	1.88	1.98	1.96
Buildings	-	859.45	847.95	844.28	664.32	658.79
Machinery	-	1,081	1,139	1,130	972	969.8
Construction In Progress	-	3.59	14.05	4.4	150.31	30.22

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