GUILIN FUDA Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	322.32	215.69	151.55	220.21	477.33
Trading Asset Securities	-	-	0.1	0.11	0.18
Cash & Short-Term Investments	322.32	215.69	151.66	220.32	477.5
Cash Growth	49.43%	42.22%	-31.16%	-53.86%	110.07%
Accounts Receivable	687.76	718.93	605.63	550.56	716.68
Other Receivables	10.76	4.02	2.07	7.18	6.42
Receivables	698.51	722.95	607.7	557.75	723.09
Inventory	460.39	339.6	326.75	330.25	371.59
Other Current Assets	145.63	94.17	61.72	33.95	29.86
Total Current Assets	1,627	1,372	1,148	1,142	1,602
Property, Plant & Equipment	2,620	2,113	1,810	1,736	1,801
Long-Term Investments	50.83	68.38	64.79	68.51	75.47
Other Intangible Assets	192.87	187.19	183.43	123.11	110.47
Long-Term Deferred Tax Assets	33.19	44.52	35.82	28.36	19.94
Other Long-Term Assets	168.03	303.35	190.28	146.68	67.52
Total Assets	4,692	4,089	3,433	3,245	3,676
Accounts Payable	842.96	649.93	324.59	296.41	434.69
Accrued Expenses	32.23	37.45	22.05	31.01	28.32
Short-Term Debt	499.13	523.13	523.57	388.23	394.63
Current Portion of Long-Term Debt	139.23	100	42.75	-	-
Current Portion of Leases	-	-	0.91	-	-
Current Income Taxes Payable	17.31	14.66	6.14	2.93	7.73
Current Unearned Revenue	1.09	3.67	1.35	1.06	1.77
Other Current Liabilities	12.69	18.5	52.48	1.61	1.67
Total Current Liabilities	1,545	1,347	973.84	721.25	868.81
Long-Term Debt	383.51	231.23	-	-	-
Long-Term Leases	-	-	3.86	-	-
Long-Term Unearned Revenue	89.91	103.87	111.75	119.89	138.42
Other Long-Term Liabilities	16.13	13.45	25.36	22.84	31.4
Total Liabilities	2,034	1,696	1,115	863.99	1,039
Common Stock	645.65	646.21	646.21	646.21	646.21
Additional Paid-In Capital	1,250	1,242	1,269	1,269	1,269
Retained Earnings	828.47	575.49	453.16	465.3	722.82
Treasury Stock	-66.3	-71.39	-50.79	-	-
Comprehensive Income & Other	0.04	0.05	0.39	1.04	-
Shareholders' Equity	2,657	2,393	2,318	2,381	2,638
Total Liabilities & Equity	4,692	4,089	3,433	3,245	3,676
Total Debt	1,022	854.37	571.09	388.23	394.63
Net Cash (Debt)	-699.55	-638.67	-419.43	-167.91	82.87
Net Cash Per Share	-1.10	-1.00	-0.65	-0.26	0.14
Filing Date Shares Outstanding	578.64	636.69	638.21	646.21	646.21
Total Common Shares Outstanding	578.64	636.69	638.21	646.21	646.21
Working Capital	82.21	25.08	174	421.01	733.23
Book Value Per Share	4.59	3.76	3.63	3.69	4.08
Tangible Book Value	2,465	2,206	2,134	2,258	2,527
Tangible Book Value Per Share	4.26	3.46	3.34	3.49	3.91
Buildings	-	626.25	583.33	620.76	612.69
Machinery	-	2,989	2,551	2,452	2,399
Construction In Progress	-	285.53	326.97	219.84	205.18

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.