Farsoon Technologies 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	475.64	789.34	865.14	1,221	374.41	371.81
Trading Asset Securities	294	35	85	5	5	5
Cash & Short-Term Investments	769.64	824.34	950.14	1,226	379.41	376.81
Cash Growth	-9.24%	-13.24%	-22.53%	223.24%	0.69%	29.41%
Accounts Receivable	401.51	411.28	314.62	299.78	167.11	128.35
Other Receivables	9.13	24.48	19.3	8.13	5.88	4.1
Receivables	410.64	435.76	333.92	307.91	172.99	132.45
Inventory	540.09	437.28	360.45	277.21	215.44	141.43
Other Current Assets	59.23	48.7	45.64	21.74	20.89	7.57
Total Current Assets	1,780	1,746	1,690	1,833	788.73	658.26
Property, Plant & Equipment	794.34	785.77	715.53	379.96	239.05	145.99
Long-Term Investments	-	-	-	9.32	9.73	10.22
Other Intangible Assets	73.58	74.19	76.35	78.48	79.24	31.33
Long-Term Accounts Receivable	-	26.41	8.32	4.71	3.32	0.17
Long-Term Deferred Tax Assets	56.82	41.08	9.18	8.75	7.48	8.48
Long-Term Deferred Charges	1.61	1.65	2.09	5.61	9.28	12.36
Other Long-Term Assets	147.9	107.31	2.38	1.29	2.73	50.67
Total Assets	2,854	2,782	2,504	2,321	1,140	917.47
Accounts Payable	376.32	319.86	199.13	151.7	150.83	71.72
Accrued Expenses	10.07	43.65	28.63	41.5	23.75	19.12
Current Portion of Leases	-	0.91	0.82	2.95	3.04	1.22
Current Income Taxes Payable	10.83	10.41	0.38	7.74	6.42	12.12
Current Unearned Revenue	156.03	139.51	88.59	59.39	86.97	59.75
Other Current Liabilities	18.53	71.23	141.33	43.77	14.69	7.99
Total Current Liabilities	572.41	585.57	458.89	307.06	285.7	171.9
Long-Term Leases	0.65	0.53	1.04	3.78	4.78	4.18
Long-Term Unearned Revenue	123.64	124.28	98.84	80.09	82.17	83.85
Long-Term Deferred Tax Liabilities	0.13	0.13	0.41	0.29	0.99	-
Other Long-Term Liabilities	3.45	3.5	1.12	1.14	0.66	0.5
Total Liabilities	700.28	714.01	560.3	392.36	374.3	260.43
Common Stock	415.58	414.17	414.17	414.17	372.74	372.74
Additional Paid-In Capital	1,362	1,324	1,250	1,242	251.17	242.52
Retained Earnings	344.4	348.04	299.29	271.85	140.69	41.51
Treasury Stock	-	-20	-20	-	-	-
Comprehensive Income & Other	1.77	1.96	0.57	1.14	0.66	0.26
Shareholders' Equity	2,154	2,068	1,944	1,929	765.25	657.04
Total Liabilities & Equity	2,854	2,782	2,504	2,321	1,140	917.47
Total Debt	1.28	1.44	1.86	6.74	7.82	5.4
Net Cash (Debt)	768.36	822.9	948.28	1,220	371.59	371.42
Net Cash Growth	-9.22%	-13.22%	-22.25%	228.23%	0.05%	27.56%
Net Cash Per Share	1.89	2.03	2.26	3.07	1.01	1.04
Filing Date Shares Outstanding	414.04	413.25	413.25	414.17	372.74	372.74
Total Common Shares Outstanding	414.04	413.25	413.25	414.17	372.74	372.74
Working Capital	1,207	1,161	1,231	1,526	503.03	486.35
Book Value Per Share	5.13	5.01	4.70	4.66	2.05	1.76
Tangible Book Value	2,050	1,994	1,867	1,851	686.02	625.71
Tangible Book Value Per Share	4.95	4.83	4.52	4.47	1.84	1.68
Buildings	-	678.65	665.61	166.93	166.83	104.66
Machinery	-	174.39	90.14	53.62	45.42	40.94
Construction In Progress	-	-	-	185.14	43.12	21.8

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