Flying Technology 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	91.11	160.39	75.59	322.07	316.81	333.46
Short-Term Investments	-	-	115.17	-	-	-
Trading Asset Securities	204.54	257.78	304.13	228.98	253.87	264.34
Cash & Short-Term Investments	295.65	418.17	494.9	551.05	570.67	597.8
Cash Growth	-24.16%	-15.50%	-10.19%	-3.44%	-4.54%	-2.59%
Accounts Receivable	275.53	341.8	250.28	274.6	264.35	249.12
Other Receivables	6.08	6.24	1.07	1.96	2.06	12.93
Receivables	281.61	348.04	251.35	276.56	266.42	262.05
Inventory	238.79	170.1	64.76	72	60.44	47.22
Prepaid Expenses	-	2.83	1	-	-	-
Other Current Assets	22.53	8.74	2.03	1.84	1.45	0.96
Total Current Assets	838.58	947.89	814.04	901.45	898.97	908.03
Property, Plant & Equipment	181.3	185.74	169.2	173.08	155.48	125.21
Long-Term Investments	103.36	93.36	193.36	68.46	45	5
Goodwill	271.27	271.27	-	-	-	-
Other Intangible Assets	81.55	83.57	39.85	41.01	42.28	43.25
Long-Term Deferred Tax Assets	18.9	10.37	2.62	5.46	0.94	0.76
Long-Term Deferred Charges	8.21	4.07	0.9	0.9	13.72	2.02
Other Long-Term Assets	12.04	7.76	0.4	1.73	7.51	4.19
Total Assets	1,515	1,604	1,220	1,192	1,164	1,088
Accounts Payable	103.34	110.35	102.21	128.62	128.26	102.97
Accrued Expenses	12.61	20.54	18	18.49	14.46	13.54
Short-Term Debt	114.19	77.02	-	-	-	-
Current Portion of Leases	10.03	5.21	0.34	0.23	0.22	-
Current Income Taxes Payable	2.65	2.35	0.75	6	3.18	2.06
Current Unearned Revenue	131.73	89.25	0.88	1.67	1.48	1.08
Other Current Liabilities	20.93	22.85	48.7	42.82	27.72	32.41
Total Current Liabilities	395.48	327.58	170.88	197.82	175.31	152.06
Long-Term Debt	79.48	125.52	-	-	-	-
Long-Term Leases	13.94	14.43	0.02	0.24	0.47	-
Long-Term Deferred Tax Liabilities	20.43	23.75	16.14	10.14	8.08	2.9
Other Long-Term Liabilities	3.36	3.81	3.82	-	-	-
Total Liabilities	512.69	495.08	190.86	208.2	183.86	154.97
Common Stock	291.99	291.99	291.99	291.99	291.99	292.52
Additional Paid-In Capital	236.06	252.69	253.98	253.98	253.98	256.86
Retained Earnings	285.8	348.93	397.36	374.1	391.02	377.38
Treasury Stock	-	-	-	-	-	-3.41
Comprehensive Income & Other	88.41	87.37	86.18	63.82	43.05	10.15
Total Common Equity	902.27	980.97	1,030	983.89	980.04	933.5
Minority Interest	100.25	127.98	-	-	-	-
Shareholders' Equity	1,003	1,109	1,030	983.89	980.04	933.5
Total Liabilities & Equity	1,515	1,604	1,220	1,192	1,164	1,088
Total Debt	217.63	222.18	0.35	0.47	0.69	-
Net Cash (Debt)	78.02	195.99	494.55	550.59	569.99	597.8
Net Cash Growth	-46.90%	-60.37%	-10.18%	-3.40%	-4.65%	-2.59%
Net Cash Per Share	0.23	0.59	1.70	1.86	1.98	2.07
Filing Date Shares Outstanding	291.99	291.99	291.99	291.99	291.99	292.52
Total Common Shares Outstanding	291.99	291.99	291.99	291.99	291.99	292.52
Working Capital	443.1	620.31	643.17	703.63	723.66	755.97
Book Value Per Share	3.09	3.36	3.53	3.37	3.36	3.19
Tangible Book Value	549.44	626.13	989.66	942.88	937.76	890.24
Tangible Book Value Per Share	1.88	2.14	3.39	3.23	3.21	3.04
Buildings	-	174.02	174.02	161.73	110.48	110.48
Machinery	-	63.54	52.51	48.59	42.89	40.55
Construction In Progress	-	-	-	12.1	44.07	11.26

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