Feitian Technologies Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	253.22	405.42	297	313.38	424.66	720.26
Short-Term Investments	793.31	855.72	795.36	303.82	122.06	160.62
Trading Asset Securities	-	-	-	-	0.16	0.76
Cash & Short-Term Investments	1,047	1,261	1,092	617.2	546.88	881.64
Cash Growth	-11.07%	15.45%	76.98%	12.86%	-37.97%	-20.67%
Accounts Receivable	99.17	71.76	97.63	98.38	97.22	97.39
Other Receivables	7.17	7.23	7.18	10.74	11.54	9.28
Receivables	106.34	78.99	104.81	109.13	108.77	106.68
Inventory	223.1	183.64	264.99	271.88	349.48	325.65
Prepaid Expenses	12.87	12.11	13.08	9.59	3.51	7.34
Other Current Assets	71.04	19.41	56.48	66.68	62.94	33.32
Total Current Assets	1,460	1,555	1,532	1,074	1,072	1,355
Property, Plant & Equipment	31.75	25.95	26.11	33.11	46.7	43.63
Long-Term Investments	58.77	10.72	15.87	12.44	50.26	53.75
Goodwill	-	-	-	70.24	91.41	102.29
Other Intangible Assets	2.19	2.35	4.5	6.85	10.11	13.46
Long-Term Deferred Tax Assets	0.03	0.03	0.01	0.18	6.78	23.37
Long-Term Deferred Charges	5.84	6.5	2.33	3.61	6.33	5.69
Other Long-Term Assets	0.01	0.07	106.35	540.9	606.77	442
Total Assets	1,558	1,601	1,687	1,742	1,890	2,039

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Accounts Payable	75.96	48.83	83.02	81.07	55.01	78.85
Accrued Expenses	15.91	21.31	21.77	25.33	27.4	32.62
Current Portion of Leases	7.83	4.76	8.4	7.41	13.23	11.03
Current Income Taxes Payable	-	0.01	0.17	-	1.97	0.45
Current Unearned Revenue	39.59	35.45	52.18	44.3	28.93	49.4
Other Current Liabilities	4.08	7.38	37.54	15.66	14.6	8.07
Total Current Liabilities	143.37	117.72	203.1	173.76	141.15	180.42
Long-Term Leases	9.56	7.65	2.99	9.58	15.95	17.57
Long-Term Unearned Revenue	2.64	2.3	1.49	5.73	8.43	4.09
Long-Term Deferred Tax Liabilities	0.97	2.88	4.74	5.32	7.24	4.55
Other Long-Term Liabilities	1.11	1.11	-	-	-	-
Total Liabilities	157.65	131.66	212.32	194.39	172.78	206.63

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Common Stock	418.04	418.04	418.04	418.04	418.04	418.04
Additional Paid-In Capital	355.19	355.19	356.17	356.17	356.2	344.69
Retained Earnings	631.53	696.38	690.52	767.75	939.53	1,060
Comprehensive Income & Other	-3.95	-0.37	5.52	0.62	-3.32	-9.24
Total Common Equity	1,401	1,469	1,470	1,543	1,710	1,814
Minority Interest	-	-	4.33	4.82	6.72	18.29
Shareholders' Equity	1,401	1,469	1,475	1,547	1,717	1,832
Total Liabilities & Equity	1,558	1,601	1,687	1,742	1,890	2,039

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Total Debt	17.38	12.41	11.39	16.99	29.18	28.59
Net Cash (Debt)	1,029	1,249	1,081	600.21	517.7	853.05
Net Cash Growth	-11.96%	15.52%	80.10%	15.94%	-39.31%	-23.25%
Net Cash Per Share	2.12	2.13	2.52	1.43	1.24	2.09
Filing Date Shares Outstanding	418.04	418.04	418.04	418.04	418.04	418.04
Total Common Shares Outstanding	418.04	418.04	418.04	418.04	418.04	418.04
Working Capital	1,317	1,438	1,329	900.71	930.42	1,174
Book Value Per Share	3.35	3.51	3.52	3.69	4.09	4.34
Tangible Book Value	1,399	1,467	1,466	1,465	1,609	1,698
Tangible Book Value Per Share	3.35	3.51	3.51	3.51	3.85	4.06
Machinery	72.88	70.37	67.57	67.52	71.41	65.42
Construction In Progress	0.86	0.79	0.83	1.4	1.19	0.87