Fujian Start Group Co.Ltd 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	110	203.75	253.32	236.18	309.34	909.49
Cash & Short-Term Investments	110	203.75	253.32	236.18	309.34	909.49
Cash Growth	-54.10%	-19.57%	7.26%	-23.65%	-65.99%	1312.97%
Accounts Receivable	240	218.18	128.86	84.65	66.34	59.6
Other Receivables	6.39	214.57	164.97	105.03	119.74	180.44
Receivables	246.4	432.75	293.83	189.67	186.09	240.05
Inventory	31.71	73.12	1.31	7.65	29.13	86.37
Prepaid Expenses	-	0.09	0.1	0.29	0.09	0.08
Other Current Assets	336.79	37.19	33.79	2.33	5.99	5.48
Total Current Assets	724.88	746.89	582.34	436.12	530.63	1,241
Property, Plant & Equipment	331.54	15.26	30.14	56.37	71.84	44.79
Long-Term Investments	24.94	25.14	35.73	30.57	23.06	58.51
Other Intangible Assets	179.75	129.15	148.3	1.56	2.79	0.78
Long-Term Accounts Receivable	-	7.69	3.78	-	-	-
Long-Term Deferred Tax Assets	28.66	28.25	56.02	55.19	59.27	59.86
Long-Term Deferred Charges	0	0	3.28	12.43	0.02	-
Other Long-Term Assets	146.38	180.45	223.18	252.88	239.96	221.23
Total Assets	1,436	1,133	1,083	845.12	927.57	1,627
Accounts Payable	146.93	175.23	119.62	121.53	161.44	76.06
Accrued Expenses	83.69	82.09	68.32	63.47	57.35	38.7
Short-Term Debt	250.61	238.99	196.82	116.78	139.08	159.11
Current Portion of Leases	52.64	1.97	8.85	8.9	6.53	1.74
Current Income Taxes Payable	3.7	-	0.03	0.01	0.2	-
Current Unearned Revenue	34.06	72.94	14.32	0.8	7.23	30.93
Other Current Liabilities	196.56	123.69	106.84	131.05	153.4	808.57
Total Current Liabilities	768.19	694.91	514.8	442.53	525.22	1,115
Long-Term Debt	244.34	-	-	-	-	-
Long-Term Leases	7.28	7.68	15.02	7.5	22.49	0.65
Long-Term Deferred Tax Liabilities	0	-	0.17	0.1	-	-
Other Long-Term Liabilities	178.43	177.96	153.65	2.73	24.8	55.75
Total Liabilities	1,198	880.55	683.63	452.86	572.51	1,171
Common Stock	2,178	2,178	2,178	2,178	2,178	622.37
Additional Paid-In Capital	1,406	1,420	1,420	1,420	1,420	2,978
Retained Earnings	-3,355	-3,346	-3,200	-3,206	-3,243	-3,145
Comprehensive Income & Other	0	-0	-0	-0	-	0
Total Common Equity	229.19	252.28	397.92	392.26	355.07	455.13
Minority Interest	8.72	0.02	1.22	-	-	-
Shareholders' Equity	237.91	252.3	399.14	392.26	355.07	455.13
Total Liabilities & Equity	1,436	1,133	1,083	845.12	927.57	1,627
Total Debt	554.87	248.64	220.69	133.18	168.1	161.5
Net Cash (Debt)	-444.87	-44.89	32.63	103	141.24	747.98
Net Cash Growth	-	-	-68.32%	-27.07%	-81.12%	-
Net Cash Per Share	-0.20	-0.02	0.01	0.05	0.07	1.20
Filing Date Shares Outstanding	2,178	2,178	2,178	2,178	2,178	622.37
Total Common Shares Outstanding	2,178	2,178	2,178	2,178	2,178	622.37
Working Capital	-43.31	51.98	67.55	-6.41	5.41	126.36
Book Value Per Share	0.11	0.12	0.18	0.18	0.16	0.73
Tangible Book Value	49.44	123.13	249.62	390.7	352.28	454.35
Tangible Book Value Per Share	0.02	0.06	0.11	0.18	0.16	0.73
Buildings	-	-	-	55.65	55.65	55.65
Machinery	-	7.48	7.08	6.99	7.64	5.2

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