Farasis Energy (Gan Zhou) Co., Ltd. (SHA:688567)

Farasis Energy (Gan Zhou) 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	4,785	6,175	11,328	11,315	4,978	5,717
Trading Asset Securities	95.86	84.52	136.52	122.11	598.92	119.35
Cash & Short-Term Investments	4,881	6,259	11,464	11,438	5,577	5,836
Cash Growth	-33.91%	-45.40%	0.24%	105.07%	-4.43%	26.68%
Accounts Receivable	2,464	2,826	3,927	1,932	1,837	1,402
Other Receivables	228.65	339.15	98.88	31.11	105.56	36.17
Receivables	2,693	3,165	4,026	1,963	1,943	1,439
Inventory	3,266	2,718	3,599	7,279	2,855	1,283
Other Current Assets	589.78	798.37	651.25	1,029	1,080	403.95
Total Current Assets	11,430	12,940	19,740	21,709	11,455	8,961
Property, Plant & Equipment	10,555	10,873	8,281	8,252	7,574	5,339
Long-Term Investments	842.7	817.1	581.05	1,013	855.72	445.24
Other Intangible Assets	641.78	625.44	365.01	334.15	330.85	313.7
Long-Term Deferred Tax Assets	947.59	940.18	829.92	585.5	364.89	131.16
Long-Term Deferred Charges	66.66	89.29	103.18	50.53	26.66	4.38
Other Long-Term Assets	32.34	341.55	244.36	182.86	329.39	222.82
Total Assets	24,516	26,627	30,145	32,127	20,936	15,418
Accounts Payable	4,979	5,702	9,985	11,603	5,287	1,322
Accrued Expenses	137.19	517.97	544.68	482.66	225.62	114.93
Short-Term Debt	2,041	1,861	1,909	2,132	-	-
Current Portion of Long-Term Debt	966.43	1,355	1,268	824.31	535.18	-
Current Portion of Leases	-	12.83	5.29	6.54	5.28	-
Current Income Taxes Payable	22.25	5.48	18.48	9.23	12.32	-
Current Unearned Revenue	82.94	270.65	72.02	107.06	954.78	50.94
Other Current Liabilities	1,696	1,633	1,671	2,013	1,656	1,552
Total Current Liabilities	9,925	11,358	15,474	17,177	8,676	3,040
Long-Term Debt	884.38	819.74	1,174	1,892	2,191	1,652
Long-Term Leases	2,952	3,350	1,619	8.02	8.96	-
Long-Term Unearned Revenue	350.65	377.17	677.1	571.11	585.72	528.62
Long-Term Deferred Tax Liabilities	1.76	10.41	18.32	53.25	63.13	-
Other Long-Term Liabilities	779.72	799.97	797.97	409.09	137.73	120.21
Total Liabilities	14,893	16,716	19,760	20,111	11,662	5,341
Common Stock	1,222	1,222	1,222	1,218	1,071	1,071
Additional Paid-In Capital	-	12,929	13,078	12,885	9,363	9,195
Retained Earnings	-4,655	-4,270	-3,938	-2,070	-1,143	-190.44
Comprehensive Income & Other	13,056	30.24	22.43	-15.71	-16.34	1.19
Total Common Equity	9,623	9,912	10,385	12,017	9,274	10,077
Minority Interest	-	-	-	-	-0.03	-
Shareholders' Equity	9,623	9,912	10,385	12,017	9,274	10,077
Total Liabilities & Equity	24,516	26,627	30,145	32,127	20,936	15,418
Total Debt	6,844	7,399	5,975	4,862	2,740	1,652
Net Cash (Debt)	-1,963	-1,140	5,490	6,575	2,837	4,184
Net Cash Growth	-	-	-16.51%	131.77%	-32.19%	5.04%
Net Cash Per Share	-1.61	-0.93	4.50	6.10	2.65	4.42
Filing Date Shares Outstanding	1,222	1,222	1,222	1,218	1,071	1,071
Total Common Shares Outstanding	1,222	1,222	1,222	1,218	1,071	1,071
Working Capital	1,505	1,582	4,266	4,532	2,779	5,921
Book Value Per Share	7.87	8.11	8.50	9.87	8.66	9.41
Tangible Book Value	8,981	9,286	10,020	11,682	8,943	9,763
Tangible Book Value Per Share	7.35	7.60	8.20	9.59	8.35	9.12
Buildings	-	3,201	2,558	2,395	2,403	1,539
Machinery	-	7,458	7,251	6,539	4,554	2,248
Construction In Progress	-	2,888	519.7	619.78	1,307	1,956

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