Flying 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	68.45	109.81	160.39	75.59	322.07	316.81
Short-Term Investments	-	-	-	115.17	-	-
Trading Asset Securities	197.05	234.34	257.78	304.13	228.98	253.87
Cash & Short-Term Investments	265.5	344.15	418.17	494.9	551.05	570.67
Cash Growth	-20.30%	-17.70%	-15.50%	-10.19%	-3.44%	-4.54%
Accounts Receivable	265.93	321.02	341.8	250.28	274.6	264.35
Other Receivables	6.7	5.85	6.24	1.07	1.96	2.06
Receivables	272.63	326.87	348.04	251.35	276.56	266.42
Inventory	178.47	161.54	170.1	64.76	72	60.44
Prepaid Expenses	-	-	2.83	1	-	-
Other Current Assets	29.06	22.77	8.74	2.03	1.84	1.45
Total Current Assets	745.66	855.34	947.89	814.04	901.45	898.97
Property, Plant & Equipment	169.1	170.52	185.74	169.2	173.08	155.48
Long-Term Investments	103.36	103.36	93.36	193.36	68.46	45
Goodwill	88.08	88.08	271.27	-	-	-
Other Intangible Assets	91	93.85	83.57	39.85	41.01	42.28
Long-Term Deferred Tax Assets	13.92	14.14	10.37	2.62	5.46	0.94
Long-Term Deferred Charges	8.25	8.44	4.07	0.9	0.9	13.72
Other Long-Term Assets	15.36	17.6	7.76	0.4	1.73	7.51
Total Assets	1,235	1,351	1,604	1,220	1,192	1,164
Accounts Payable	97.82	108.06	110.35	102.21	128.62	128.26
Accrued Expenses	14.92	13.23	20.54	18	18.49	14.46
Short-Term Debt	96.55	124.59	77.02	-	-	-
Current Portion of Long-Term Debt	-	80.87	-	-	-	-
Current Portion of Leases	51.48	-	5.21	0.34	0.23	0.22
Current Income Taxes Payable	0.41	5.1	2.35	0.75	6	3.18
Current Unearned Revenue	20.69	20.41	89.25	0.88	1.67	1.48
Other Current Liabilities	20.06	29.74	22.85	48.7	42.82	27.72
Total Current Liabilities	301.92	382	327.58	170.88	197.82	175.31
Long-Term Debt	3.17	11.56	125.52	-	-	-
Long-Term Leases	11.18	10.23	14.43	0.02	0.24	0.47
Long-Term Deferred Tax Liabilities	31.96	31.77	23.75	16.14	10.14	8.08
Other Long-Term Liabilities	4.89	5.72	3.81	3.82	-	-
Total Liabilities	353.12	441.28	495.08	190.86	208.2	183.86
Common Stock	291.99	291.99	291.99	291.99	291.99	291.99
Additional Paid-In Capital	239.92	239.92	252.69	253.98	253.98	253.98
Retained Earnings	153.14	171.8	348.93	397.36	374.1	391.02
Comprehensive Income & Other	89.5	89.08	87.37	86.18	63.82	43.05
Total Common Equity	774.55	792.79	980.97	1,030	983.89	980.04
Minority Interest	107.05	117.26	127.98	-	-	-
Shareholders' Equity	881.6	910.05	1,109	1,030	983.89	980.04
Total Liabilities & Equity	1,235	1,351	1,604	1,220	1,192	1,164
Total Debt	162.38	227.25	222.18	0.35	0.47	0.69
Net Cash (Debt)	103.11	116.91	195.99	494.55	550.59	569.99
Net Cash Growth	-25.40%	-40.35%	-60.37%	-10.18%	-3.40%	-4.65%
Net Cash Per Share	0.35	0.40	0.59	1.70	1.86	1.98
Filing Date Shares Outstanding	310.99	302.7	291.99	291.99	291.99	291.99
Total Common Shares Outstanding	310.99	302.7	291.99	291.99	291.99	291.99
Working Capital	443.74	473.35	620.31	643.17	703.63	723.66
Book Value Per Share	2.49	2.62	3.36	3.53	3.37	3.36
Tangible Book Value	595.48	610.86	626.13	989.66	942.88	937.76
Tangible Book Value Per Share	1.91	2.02	2.14	3.39	3.23	3.21
Buildings	-	-	174.02	174.02	161.73	110.48
Machinery	-	-	63.54	52.51	48.59	42.89
Construction In Progress	-	-	-	-	12.1	44.07

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