Ningbo Fuda Company 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	Jun '26 Jun 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	206.91	329.33	785.59	1,600	1,267	956.28
Trading Asset Securities	-	-	-	-	6.1	512.04
Cash & Short-Term Investments	206.91	329.33	785.59	1,600	1,273	1,468
Cash Growth	-69.46%	-58.08%	-50.91%	25.70%	-13.29%	-4.78%
Accounts Receivable	231.31	238.82	324.51	454.04	469.65	475.05
Other Receivables	6.27	6.82	11.77	27.1	21.2	11.8
Receivables	237.58	245.64	336.28	481.15	490.85	486.86
Inventory	104.6	104.3	102.62	303.34	216.58	190.92
Other Current Assets	1,151	346.82	30.71	99.52	137.63	40.44
Total Current Assets	1,700	1,026	1,255	2,484	2,118	2,187
Property, Plant & Equipment	541.97	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	188.31	188.93	165.33	156.12	156.78	133.18
Long-Term Accounts Receivable	-	12.61	-	-	-	-
Long-Term Deferred Tax Assets	11.51	11.93	11.72	17.27	7.83	4.16
Long-Term Deferred Charges	20.89	21.34	19.71	24.5	31.48	39.11
Other Long-Term Assets	1,431	2,203	2,063	1,092	1,118	1,142
Total Assets	3,922	4,052	4,209	4,630	4,337	4,290

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	79.58	118.25	159.98	178.9	190.6	133.48
Accrued Expenses	11.13	84.22	82.06	92.67	87.98	123.3
Short-Term Debt	187.78	161.21	273.44	517.25	213.25	48.06
Current Portion of Long-Term Debt	202.67	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	36.82	1.95	14.37	14.39	31.03	72.49
Current Unearned Revenue	37.54	87.78	87.12	133.3	93.63	89.53
Other Current Liabilities	180.4	131.68	132.76	168.16	131.9	136.28
Total Current Liabilities	735.91	657.72	828.88	1,128	767.57	615.17
Long-Term Debt	23.14	165.84	81.36	117.27	118.18	67.93
Long-Term Leases	0.17	0.28	-	0.57	-	0.57
Long-Term Unearned Revenue	2.7	-	-	-	-	-
Long-Term Deferred Tax Liabilities	23.01	22.97	14.12	7.57	10.43	6.71
Other Long-Term Liabilities	10.19	12.18	13.17	1.67	1.67	1.67
Total Liabilities	795.12	858.98	937.53	1,255	897.84	692.04

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	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	1,105	1,160	1,179	1,186	1,173	1,290
Comprehensive Income & Other	1.99	1.6	1.05	1.36	0.09	-
Total Common Equity	2,812	2,867	2,886	2,893	2,878	2,996
Minority Interest	314.36	325.61	385.92	481.79	560.35	602.3
Shareholders' Equity	3,127	3,193	3,272	3,375	3,439	3,598
Total Liabilities & Equity	3,922	4,052	4,209	4,630	4,337	4,290

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	413.76	399.96	433.96	658.2	350.6	128.59
Net Cash (Debt)	-206.86	-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	1,442	1,445	1,445	1,445	1,445	1,445
Total Common Shares Outstanding	1,442	1,445	1,445	1,445	1,445	1,445
Working Capital	963.71	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	2,623	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