Feitian 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	266.48	405.42	297	313.38	424.66	720.26
Short-Term Investments	-	855.72	795.36	303.82	122.06	160.62
Trading Asset Securities	-	-	-	-	0.16	0.76
Cash & Short-Term Investments	266.48	1,261	1,092	617.2	546.88	881.64
Cash Growth	-49.09%	15.45%	76.98%	12.86%	-37.97%	-20.67%
Accounts Receivable	82.58	71.76	97.63	98.38	97.22	97.39
Other Receivables	7.15	7.23	7.18	10.74	11.54	9.28
Receivables	89.73	78.99	104.81	109.13	108.77	106.68
Inventory	222.57	183.64	264.99	271.88	349.48	325.65
Prepaid Expenses	-	12.11	13.08	9.59	3.51	7.34
Other Current Assets	903.01	19.41	56.48	66.68	62.94	33.32
Total Current Assets	1,482	1,555	1,532	1,074	1,072	1,355
Property, Plant & Equipment	24.16	25.95	26.11	33.11	46.7	43.63
Long-Term Investments	60.31	10.72	15.87	12.44	50.26	53.75
Goodwill	-	-	-	70.24	91.41	102.29
Other Intangible Assets	2.83	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	6.23	6.5	2.33	3.61	6.33	5.69
Other Long-Term Assets	0.07	0.07	106.35	540.9	606.77	442
Total Assets	1,575	1,601	1,687	1,742	1,890	2,039
Accounts Payable	60.95	48.83	83.02	81.07	55.01	78.85
Accrued Expenses	15.75	21.31	21.77	25.33	27.4	32.62
Current Portion of Leases	3.86	4.76	8.4	7.41	13.23	11.03
Current Income Taxes Payable	2.5	0.01	0.17	-	1.97	0.45
Current Unearned Revenue	36.14	35.45	52.18	44.3	28.93	49.4
Other Current Liabilities	3.83	7.38	37.54	15.66	14.6	8.07
Total Current Liabilities	123.04	117.72	203.1	173.76	141.15	180.42
Long-Term Leases	7.08	7.65	2.99	9.58	15.95	17.57
Long-Term Unearned Revenue	2.24	2.3	1.49	5.73	8.43	4.09
Long-Term Deferred Tax Liabilities	1.77	2.88	4.74	5.32	7.24	4.55
Other Long-Term Liabilities	1.11	1.11	-	-	-	-
Total Liabilities	135.24	131.66	212.32	194.39	172.78	206.63
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	668.48	696.38	690.52	767.75	939.53	1,060
Comprehensive Income & Other	-1.53	-0.37	5.52	0.62	-3.32	-9.24
Total Common Equity	1,440	1,469	1,470	1,543	1,710	1,814
Minority Interest	-	-	4.33	4.82	6.72	18.29
Shareholders' Equity	1,440	1,469	1,475	1,547	1,717	1,832
Total Liabilities & Equity	1,575	1,601	1,687	1,742	1,890	2,039
Total Debt	10.94	12.41	11.39	16.99	29.18	28.59
Net Cash (Debt)	255.54	1,249	1,081	600.21	517.7	853.05
Net Cash Growth	-50.26%	15.52%	80.10%	15.94%	-39.31%	-23.25%
Net Cash Per Share	0.43	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	1,359	1,438	1,329	900.71	930.42	1,174
Book Value Per Share	3.45	3.51	3.52	3.69	4.09	4.34
Tangible Book Value	1,437	1,467	1,466	1,465	1,609	1,698
Tangible Book Value Per Share	3.44	3.51	3.51	3.51	3.85	4.06
Machinery	-	70.37	67.57	67.52	71.41	65.42
Construction In Progress	-	0.79	0.83	1.4	1.19	0.87

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