Sichuan Furong Technology 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	282.29	232.33	535.42	650.94	465.57	130.78
Trading Asset Securities	170.48	190.28	-	-	-	96.06
Cash & Short-Term Investments	452.77	422.6	535.42	650.94	465.57	226.84
Cash Growth	-11.25%	-21.07%	-17.75%	39.81%	105.24%	-19.32%
Accounts Receivable	609.44	586.34	408.23	399.96	485.84	586.19
Other Receivables	2.21	2.71	2.68	1.14	3.01	3.89
Receivables	611.66	589.05	410.91	401.09	488.85	590.08
Inventory	544.37	479.21	347.2	393.79	252.05	321.17
Prepaid Expenses	-	-	0.14	0	-	-
Other Current Assets	136.73	148.87	120.35	96.12	40.61	27.22
Total Current Assets	1,746	1,640	1,414	1,542	1,247	1,165
Property, Plant & Equipment	1,711	1,728	1,658	1,496	850.5	569.46
Other Intangible Assets	233.93	235.23	239.92	244.19	249.21	47.61
Long-Term Deferred Tax Assets	24.47	25.04	15.13	13.34	10.57	6.93
Other Long-Term Assets	38.77	10.72	7.31	17.98	76.84	7.32
Total Assets	3,753	3,638	3,334	3,314	2,434	1,797
Accounts Payable	219.88	266.53	298.98	384.43	214.51	51.12
Accrued Expenses	4.62	14.29	34.42	36.99	45.42	33.02
Short-Term Debt	611.02	505.44	80.04	-	26.03	15
Current Portion of Long-Term Debt	86.9	90.77	139.53	34.15	100.18	10
Current Income Taxes Payable	13.11	15.37	6.38	10.38	28.85	11.97
Current Unearned Revenue	2	5.82	8.92	1.28	8.15	2.75
Other Current Liabilities	47.41	47.99	26.53	23.55	17.56	12.22
Total Current Liabilities	984.95	946.21	594.8	490.78	440.68	136.07
Long-Term Debt	225.5	558.4	556.22	784.17	98.07	5
Long-Term Unearned Revenue	37.17	37.64	39.51	36.27	22.15	8.12
Long-Term Deferred Tax Liabilities	2.01	2.89	4.8	8.73	-	0.01
Total Liabilities	1,250	1,545	1,195	1,320	560.9	149.2
Common Stock	1,045	1,001	768.08	677.69	521.3	401
Additional Paid-In Capital	385.97	41.06	247.57	85.3	241.69	361.99
Retained Earnings	1,084	1,035	1,108	1,152	1,082	858.97
Treasury Stock	-45.08	-45.08	-45.08	-	-	-
Comprehensive Income & Other	33.6	61.39	60.13	79.19	28.52	25.48
Shareholders' Equity	2,504	2,093	2,139	1,994	1,873	1,647
Total Liabilities & Equity	3,753	3,638	3,334	3,314	2,434	1,797
Total Debt	923.42	1,155	775.79	818.32	224.27	30
Net Cash (Debt)	-470.65	-732	-240.37	-167.38	241.3	196.84
Net Cash Growth	-	-	-	-	22.59%	13.03%
Net Cash Per Share	-0.47	-0.73	-0.25	-0.17	0.25	0.20
Filing Date Shares Outstanding	1,031	994.85	994.12	969.1	969.1	969.1
Total Common Shares Outstanding	1,031	994.85	994.12	969.1	969.1	969.1
Working Capital	760.58	693.53	819.21	1,051	806.4	1,029
Book Value Per Share	2.43	2.10	2.15	2.06	1.93	1.70
Tangible Book Value	2,270	1,858	1,899	1,750	1,624	1,600
Tangible Book Value Per Share	2.20	1.87	1.91	1.81	1.68	1.65
Buildings	-	-	844.81	557.58	265.51	264.95
Machinery	-	-	901.25	716.59	430.09	417.92
Construction In Progress	-	-	196.97	448.86	358.54	59.49

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