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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	210.65	329.33	785.59	1,600	1,267	956.28
Trading Asset Securities	-	-	-	-	6.1	512.04
Cash & Short-Term Investments	210.65	329.33	785.59	1,600	1,273	1,468
Cash Growth	-68.62%	-58.08%	-50.91%	25.70%	-13.29%	-4.78%
Accounts Receivable	246.88	238.82	324.51	454.04	469.65	475.05
Other Receivables	20.44	6.82	11.77	27.1	21.2	11.8
Receivables	267.32	245.64	336.28	481.15	490.85	486.86
Inventory	103.81	104.3	102.62	303.34	216.58	190.92
Other Current Assets	350.85	346.82	30.71	99.52	137.63	40.44
Total Current Assets	932.63	1,026	1,255	2,484	2,118	2,187
Property, Plant & Equipment	552.7	559.55	604.92	728.81	774.92	651.7
Long-Term Investments	27.46	27.46	87.89	125.19	128.43	131.68
Goodwill	1.26	1.26	1.26	1.26	1.26	1.26
Other Intangible Assets	189.47	188.93	165.33	156.12	156.78	133.18
Long-Term Accounts Receivable	-	12.61	-	-	-	-
Long-Term Deferred Tax Assets	11.9	11.93	11.72	17.27	7.83	4.16
Long-Term Deferred Charges	20.44	21.34	19.71	24.5	31.48	39.11
Other Long-Term Assets	2,207	2,203	2,063	1,092	1,118	1,142
Total Assets	3,943	4,052	4,209	4,630	4,337	4,290
Accounts Payable	81.49	118.25	159.98	178.9	190.6	133.48
Accrued Expenses	12.06	84.22	82.06	92.67	87.98	123.3
Short-Term Debt	172.17	161.21	273.44	517.25	213.25	48.06
Current Portion of Long-Term Debt	188.27	71.74	78.59	21.04	18.6	9.17
Current Portion of Leases	-	0.9	0.57	2.07	0.57	2.86
Current Income Taxes Payable	27.79	1.95	14.37	14.39	31.03	72.49
Current Unearned Revenue	48.01	87.78	87.12	133.3	93.63	89.53
Other Current Liabilities	182.59	131.68	132.76	168.16	131.9	136.28
Total Current Liabilities	712.38	657.72	828.88	1,128	767.57	615.17
Long-Term Debt	49.6	165.84	81.36	117.27	118.18	67.93
Long-Term Leases	0.17	0.28	-	0.57	-	0.57
Long-Term Deferred Tax Liabilities	25.17	22.97	14.12	7.57	10.43	6.71
Other Long-Term Liabilities	10.12	12.18	13.17	1.67	1.67	1.67
Total Liabilities	797.44	858.98	937.53	1,255	897.84	692.04
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	260.18
Retained Earnings	1,119	1,160	1,179	1,186	1,173	1,290
Comprehensive Income & Other	1.78	1.6	1.05	1.36	0.09	-
Total Common Equity	2,826	2,867	2,886	2,893	2,878	2,996
Minority Interest	319.14	325.61	385.92	481.79	560.35	602.3
Shareholders' Equity	3,146	3,193	3,272	3,375	3,439	3,598
Total Liabilities & Equity	3,943	4,052	4,209	4,630	4,337	4,290
Total Debt	410.22	399.96	433.96	658.2	350.6	128.59
Net Cash (Debt)	-199.57	-70.63	351.63	942.16	922.53	1,340
Net Cash Growth	-	-	-62.68%	2.13%	-31.14%	-9.59%
Net Cash Per Share	-0.14	-0.05	0.24	0.65	0.64	0.93
Filing Date Shares Outstanding	1,447	1,445	1,445	1,445	1,445	1,445
Total Common Shares Outstanding	1,447	1,445	1,445	1,445	1,445	1,445
Working Capital	220.25	368.38	426.33	1,357	1,351	1,571
Book Value Per Share	1.95	1.98	2.00	2.00	1.99	2.07
Tangible Book Value	2,636	2,677	2,719	2,736	2,720	2,861
Tangible Book Value Per Share	1.82	1.85	1.88	1.89	1.88	1.98
Buildings	-	834.89	859.45	847.95	844.28	664.32
Machinery	-	1,112	1,081	1,139	1,130	972
Construction In Progress	-	17.55	3.59	14.05	4.4	150.31

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