Fujian Cement 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	131	49.96	68.32	116.36	93.43	261.44
Trading Asset Securities	-	-	-	-	1.51	76.25
Cash & Short-Term Investments	131	49.96	68.32	116.36	94.95	337.69
Cash Growth	-33.60%	-26.88%	-41.29%	22.56%	-71.88%	-26.04%
Accounts Receivable	30.4	43.85	43.09	59.59	57.89	162.33
Other Receivables	21.1	19.9	21.2	23.05	25.07	29.35
Receivables	51.5	63.75	64.28	82.64	82.96	191.68
Inventory	130.71	117.64	121.56	152.35	317.53	302.7
Prepaid Expenses	-	-	-	-	4.11	-
Other Current Assets	9.87	7.25	25.75	39.86	42.97	63.59
Total Current Assets	323.08	238.6	279.92	391.22	542.51	895.66
Property, Plant & Equipment	1,879	1,920	2,139	2,375	2,513	2,610
Long-Term Investments	621.33	698.4	633.82	540.71	582.68	636.92
Other Intangible Assets	323.96	328.51	290.23	307.56	335.61	355.62
Long-Term Deferred Tax Assets	119.93	119.95	123.34	127.73	93.64	24.59
Long-Term Deferred Charges	80.1	81.58	86.1	86.08	87.46	77.43
Other Long-Term Assets	29.65	29.97	32.5	38.27	40.4	45.87
Total Assets	3,377	3,417	3,585	3,866	4,195	4,646
Accounts Payable	303.62	314.43	434.11	446.09	535.03	698.59
Accrued Expenses	22.16	26.46	43.16	63.4	87.97	107.35
Short-Term Debt	937.79	1,069	1,232	1,153	856.91	865.87
Current Portion of Long-Term Debt	161.3	236.58	119.26	182.77	63.82	20.64
Current Portion of Leases	-	-	-	2.42	2.3	2.2
Current Income Taxes Payable	9.88	15.23	0	0	4.41	63.59
Current Unearned Revenue	25.55	30.24	39.68	37.31	48.41	70.21
Other Current Liabilities	276.64	271.63	149.82	270	310.76	215.8
Total Current Liabilities	1,737	1,964	2,018	2,155	1,910	2,044
Long-Term Debt	584.84	258.99	308.61	321.66	453.11	334.33
Long-Term Leases	-	-	-	1.89	4.31	6.61
Long-Term Unearned Revenue	47.17	47.05	35.2	31.39	29.57	32.17
Long-Term Deferred Tax Liabilities	130.64	149.91	135.47	114.01	127.57	141.93
Other Long-Term Liabilities	46.2	51.35	6.62	8.46	10.76	12.84
Total Liabilities	2,546	2,471	2,504	2,632	2,535	2,572
Common Stock	458.25	458.25	458.25	458.25	458.25	458.25
Additional Paid-In Capital	195.06	195.06	195.06	195.06	195.06	189.04
Retained Earnings	-143.01	-100.81	26.1	193.35	515.94	798.83
Comprehensive Income & Other	404.7	463.91	415.99	341.53	365.83	420.11
Total Common Equity	914.99	1,016	1,095	1,188	1,535	1,866
Minority Interest	-83.94	-70.6	-14.17	45.9	125.1	208.03
Shareholders' Equity	831.06	945.81	1,081	1,234	1,660	2,074
Total Liabilities & Equity	3,377	3,417	3,585	3,866	4,195	4,646
Total Debt	1,684	1,565	1,660	1,661	1,380	1,230
Net Cash (Debt)	-1,553	-1,515	-1,591	-1,545	-1,286	-891.95
Net Cash Per Share	-3.40	-3.31	-3.47	-3.37	-2.81	-1.96
Filing Date Shares Outstanding	458.71	497.53	458.25	458.25	458.25	458.25
Total Common Shares Outstanding	458.71	497.53	458.25	458.25	458.25	458.25
Working Capital	-1,414	-1,725	-1,738	-1,763	-1,367	-1,149
Book Value Per Share	1.99	2.04	2.39	2.59	3.35	4.07
Tangible Book Value	591.04	687.91	805.18	880.63	1,199	1,511
Tangible Book Value Per Share	1.29	1.38	1.76	1.92	2.62	3.30
Buildings	-	-	2,091	2,098	2,085	2,093
Machinery	-	-	2,767	2,808	2,845	2,719
Construction In Progress	-	-	46.9	51.83	46.9	26.67

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