Founder Securities 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	14,078	10,979	7,448	9,808	4,884	9,522
Short-Term Investments	76,805	71,952	62,521	55,169	41,983	40,747
Trading Asset Securities	89,764	35,380	59,335	56,641	37,173	24,883
Accounts Receivable	57,864	55,884	41,712	32,651	27,592	26,937
Other Receivables	899.66	790.71	463.16	436.65	176.34	417.22
Property, Plant & Equipment	696.41	740.85	824.84	890.43	1,066	1,215
Goodwill	4,340	4,340	4,340	4,340	4,340	4,340
Other Intangible Assets	372.89	412.44	423.76	426.79	403.43	305.5
Investments in Debt & Equity Securities	33,294	12,450	54,330	42,592	43,618	46,376
Other Current Assets	26,833	54,777	22,052	16,389	17,694	15,170
Long-Term Deferred Tax Assets	65.97	393.64	481.09	753.95	554.43	419.16
Other Long-Term Assets	980.59	24,426	1,652	2,297	2,065	2,197
Total Assets	305,995	272,574	255,628	222,442	181,612	172,613
Accounts Payable	-	104.03	81.26	44.41	27.6	40.62
Accrued Expenses	94,505	64,521	53,034	32,239	32,966	34,380
Short-Term Debt	97,520	75,972	87,652	84,491	63,669	68,674
Current Portion of Leases	-	-	-	-	-	198.75
Other Current Liabilities	12,027	34,706	29,673	30,359	23,883	17,663
Long-Term Debt	45,934	45,431	35,454	28,517	12,151	7,180
Long-Term Leases	296.92	336.28	388.57	397.22	498.12	424.48
Long-Term Unearned Revenue	18.13	18.19	20.67	23.21	25.75	28.29
Long-Term Deferred Tax Liabilities	40.1	0.68	11.21	108.48	41.58	54.85
Other Long-Term Liabilities	2,577	90.73	83.37	137	4,437	1,775
Total Liabilities	253,002	221,212	206,650	176,350	137,736	130,469
Common Stock	8,232	8,232	8,232	8,232	8,232	8,232
Additional Paid-In Capital	-	16,397	16,397	16,397	16,397	16,397
Retained Earnings	26,534	25,048	22,121	20,480	18,425	16,563
Comprehensive Income & Other	17,651	1,116	1,429	129.98	-17.23	165.82
Total Common Equity	52,417	50,793	48,180	45,239	43,038	41,358
Minority Interest	576.08	568.24	798	851.99	838.84	785.89
Shareholders' Equity	52,993	51,361	48,978	46,091	43,876	42,144
Total Liabilities & Equity	305,995	272,574	255,628	222,442	181,612	172,613
Total Debt	143,751	121,740	123,495	113,405	76,318	76,478
Net Cash (Debt)	36,896	-3,429	5,808	8,213	7,722	-1,325
Net Cash Growth	77.56%	-	-29.28%	6.35%	-	-
Net Cash Per Share	4.42	-0.41	0.71	0.99	0.93	-0.16
Filing Date Shares Outstanding	8,232	8,232	8,232	8,232	8,232	8,232
Total Common Shares Outstanding	8,232	8,232	8,232	8,232	8,232	8,232
Working Capital	62,109	54,428	22,839	23,927	8,925	-3,322
Book Value Per Share	6.37	6.17	5.85	5.50	5.23	5.02
Tangible Book Value	47,704	46,041	43,416	40,472	38,294	36,712
Tangible Book Value Per Share	5.79	5.59	5.27	4.92	4.65	4.46

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