Farsoon Technologies Co., Ltd. (SHA:688433)

Farsoon Technologies Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	813.02	865.14	1,221	374.41	371.81	277.54
Trading Asset Securities	35	85	5	5	5	13.63
Cash & Short-Term Investments	848.02	950.14	1,226	379.41	376.81	291.17
Cash Growth	-24.93%	-22.53%	223.24%	0.69%	29.41%	24.47%
Accounts Receivable	326.37	314.62	299.78	167.11	128.35	68.79
Other Receivables	19.53	19.3	8.13	5.88	4.1	1.21
Receivables	345.9	333.92	307.91	172.99	132.45	70.01
Inventory	306.16	360.45	277.21	215.44	141.43	74.54
Other Current Assets	52.19	45.64	21.74	20.89	7.57	4.42
Total Current Assets	1,552	1,690	1,833	788.73	658.26	440.14
Property, Plant & Equipment	798.25	715.53	379.96	239.05	145.99	15.73
Long-Term Investments	-	-	9.32	9.73	10.22	10.79
Other Intangible Assets	75.99	76.35	78.48	79.24	31.33	1.41
Long-Term Accounts Receivable	1.38	8.32	4.71	3.32	0.17	8.12
Long-Term Deferred Tax Assets	9.4	9.18	8.75	7.48	8.48	1.87
Long-Term Deferred Charges	1.72	2.09	5.61	9.28	12.36	14.6
Other Long-Term Assets	9.13	2.38	1.29	2.73	50.67	0.92
Total Assets	2,448	2,504	2,321	1,140	917.47	493.58
Accounts Payable	271.69	323.52	151.7	150.83	71.72	33.37
Accrued Expenses	9.11	21.16	41.5	23.75	19.12	11.39
Current Portion of Leases	0.76	0.82	2.95	3.04	1.22	-
Current Income Taxes Payable	3.3	0.38	7.74	6.42	12.12	-
Current Unearned Revenue	84.84	88.59	59.39	86.97	59.75	52.04
Other Current Liabilities	20.79	24.42	43.77	14.69	7.99	47.42
Total Current Liabilities	390.49	458.89	307.06	285.7	171.9	144.22
Long-Term Leases	0.88	1.04	3.78	4.78	4.18	-
Long-Term Unearned Revenue	98.32	98.84	80.09	82.17	83.85	0.99
Long-Term Deferred Tax Liabilities	0.39	0.41	0.29	0.99	-	-
Other Long-Term Liabilities	1.15	1.12	1.14	0.66	0.5	0.36
Total Liabilities	491.23	560.3	392.36	374.3	260.43	145.56
Common Stock	414.17	414.17	414.17	372.74	372.74	64.8
Additional Paid-In Capital	1,261	1,250	1,242	251.17	242.52	149.29
Retained Earnings	300.7	299.29	271.85	140.69	41.51	133.6
Treasury Stock	-20	-20	-	-	-	-
Comprehensive Income & Other	1.01	0.57	1.14	0.66	0.26	0.34
Shareholders' Equity	1,957	1,944	1,929	765.25	657.04	348.02
Total Liabilities & Equity	2,448	2,504	2,321	1,140	917.47	493.58
Total Debt	1.64	1.86	6.74	7.82	5.4	-
Net Cash (Debt)	846.38	948.28	1,220	371.59	371.42	291.17
Net Cash Growth	-24.68%	-22.25%	228.23%	0.05%	27.56%	24.47%
Net Cash Per Share	2.01	2.26	3.07	1.01	1.04	-
Filing Date Shares Outstanding	413.25	413.25	414.17	372.74	372.74	-
Total Common Shares Outstanding	413.25	413.25	414.17	372.74	372.74	-
Working Capital	1,162	1,231	1,526	503.03	486.35	295.92
Book Value Per Share	4.74	4.70	4.66	2.05	1.76	-
Tangible Book Value	1,881	1,867	1,851	686.02	625.71	346.61
Tangible Book Value Per Share	4.55	4.52	4.47	1.84	1.68	-
Buildings	-	665.61	166.93	166.83	104.66	-
Machinery	-	90.14	53.62	45.42	40.94	38.5
Construction In Progress	-	-	185.14	43.12	21.8	-

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.