Flat Glass Group 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	3,822	5,295	6,616	2,932	2,843	1,590
Short-Term Investments	-	150	-	41.01	-	-
Trading Asset Securities	542.8	520.02	230	2	200	400
Cash & Short-Term Investments	4,365	5,965	6,846	2,975	3,043	1,990
Cash Growth	-21.14%	-12.88%	130.12%	-2.23%	52.88%	224.36%
Accounts Receivable	5,754	5,268	7,285	6,102	2,577	2,620
Other Receivables	77.73	470.49	222.83	115.73	16.22	18.8
Receivables	5,831	5,738	7,508	6,217	2,593	2,638
Inventory	1,207	1,733	2,001	2,396	2,276	479.4
Prepaid Expenses	-	2.93	0.41	0.41	-	-
Other Current Assets	1,116	437.89	476.58	792	986.02	461.03
Total Current Assets	12,518	13,877	16,833	12,381	8,898	5,569
Property, Plant & Equipment	20,757	20,301	17,644	13,295	9,554	5,445
Long-Term Investments	420.54	479.95	100.91	82.75	71.53	67.89
Other Intangible Assets	6,226	6,326	3,280	3,784	662.71	529.57
Long-Term Deferred Tax Assets	327.87	326.5	219.71	92.56	4.16	25.99
Long-Term Deferred Charges	212.03	243.55	80.72	15.69	6.95	5.18
Other Long-Term Assets	1,449	1,366	4,824	2,731	885.71	623.25
Total Assets	41,910	42,920	42,982	32,382	20,083	12,266
Accounts Payable	274.9	2,446	2,983	3,495	3,344	2,008
Accrued Expenses	117.19	239.74	302.86	270.1	156.27	192.49
Short-Term Debt	696.01	1,017	1,914	3,095	1,861	617.4
Current Portion of Long-Term Debt	1,252	2,225	1,173	1,260	309.46	160.82
Current Portion of Leases	-	23.38	37.55	0.69	0.64	-
Current Income Taxes Payable	286.2	96.21	61.87	75.57	11.39	211.53
Current Unearned Revenue	55.45	33.29	129.11	115.05	352.68	91.18
Other Current Liabilities	4,101	2,615	2,584	2,222	129.44	49.17
Total Current Liabilities	6,783	8,696	9,185	10,533	6,164	3,331
Long-Term Debt	11,414	11,009	10,411	7,478	1,968	1,612
Long-Term Leases	766.18	764.32	538.24	11.93	10.88	11.51
Long-Term Unearned Revenue	300.42	207.24	56.48	58.54	25.44	33.04
Long-Term Deferred Tax Liabilities	350.46	406.9	401.4	123.53	104.22	44.01
Other Long-Term Liabilities	4.06	52.54	98.95	144.12	-	-
Total Liabilities	19,618	21,136	20,691	18,349	8,273	5,031
Common Stock	585.72	585.73	587.83	536.72	536.72	510.31
Additional Paid-In Capital	10,705	10,672	10,694	4,780	4,833	2,045
Retained Earnings	10,746	10,108	10,292	8,092	6,463	4,670
Treasury Stock	-301.86	-229.5	-15.99	-23.81	-32.1	-28.36
Comprehensive Income & Other	460.81	561.96	656.54	647.26	9.65	37.43
Total Common Equity	22,195	21,699	22,215	14,032	11,810	7,235
Minority Interest	97.01	85.36	75.84	-	-	-
Shareholders' Equity	22,292	21,784	22,291	14,032	11,810	7,235
Total Liabilities & Equity	41,910	42,920	42,982	32,382	20,083	12,266
Total Debt	14,128	15,039	14,074	11,845	4,149	2,401
Net Cash (Debt)	-9,763	-9,074	-7,228	-8,870	-1,107	-411.05
Net Cash Per Share	-4.17	-3.88	-3.24	-4.13	-0.52	-0.20
Filing Date Shares Outstanding	2,337	2,333	2,358	2,147	2,147	2,051
Total Common Shares Outstanding	2,337	2,333	2,358	2,147	2,147	2,051
Working Capital	5,736	5,182	7,648	1,848	2,734	2,238
Book Value Per Share	9.50	9.30	9.42	6.54	5.50	3.53
Tangible Book Value	15,969	15,373	18,936	10,249	11,147	6,705
Tangible Book Value Per Share	6.83	6.59	8.03	4.77	5.19	3.27
Buildings	-	6,408	5,311	3,896	2,257	1,295
Machinery	-	15,155	13,640	9,978	5,925	3,528
Construction In Progress	-	2,941	1,756	1,874	3,067	1,937

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.