Feitian Technologies Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	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	1,261	1,092	617.2	546.88	881.64
Cash Growth	15.45%	76.98%	12.86%	-37.97%	-20.67%
Accounts Receivable	71.76	97.63	98.38	97.22	97.39
Other Receivables	7.23	7.18	10.74	11.54	9.28
Receivables	78.99	104.81	109.13	108.77	106.68
Inventory	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	19.41	56.48	66.68	62.94	33.32
Total Current Assets	1,555	1,532	1,074	1,072	1,355
Property, Plant & Equipment	25.95	26.11	33.11	46.7	43.63
Long-Term Investments	10.72	15.87	12.44	50.26	53.75
Goodwill	-	-	70.24	91.41	102.29
Other Intangible Assets	2.35	4.5	6.85	10.11	13.46
Long-Term Deferred Tax Assets	0.03	0.01	0.18	6.78	23.37
Long-Term Deferred Charges	6.5	2.33	3.61	6.33	5.69
Other Long-Term Assets	0.07	106.35	540.9	606.77	442
Total Assets	1,601	1,687	1,742	1,890	2,039
Accounts Payable	48.83	83.02	81.07	55.01	78.85
Accrued Expenses	21.31	21.77	25.33	27.4	32.62
Current Portion of Leases	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	35.45	52.18	44.3	28.93	49.4
Other Current Liabilities	7.38	37.54	15.66	14.6	8.07
Total Current Liabilities	117.72	203.1	173.76	141.15	180.42
Long-Term Leases	7.65	2.99	9.58	15.95	17.57
Long-Term Unearned Revenue	2.3	1.49	5.73	8.43	4.09
Long-Term Deferred Tax Liabilities	2.88	4.74	5.32	7.24	4.55
Other Long-Term Liabilities	1.11	-	-	-	-
Total Liabilities	131.66	212.32	194.39	172.78	206.63
Common Stock	418.04	418.04	418.04	418.04	418.04
Additional Paid-In Capital	355.19	356.17	356.17	356.2	344.69
Retained Earnings	696.38	690.52	767.75	939.53	1,060
Comprehensive Income & Other	-0.37	5.52	0.62	-3.32	-9.24
Total Common Equity	1,469	1,470	1,543	1,710	1,814
Minority Interest	-	4.33	4.82	6.72	18.29
Shareholders' Equity	1,469	1,475	1,547	1,717	1,832
Total Liabilities & Equity	1,601	1,687	1,742	1,890	2,039
Total Debt	12.41	11.39	16.99	29.18	28.59
Net Cash (Debt)	1,249	1,081	600.21	517.7	853.05
Net Cash Growth	15.52%	80.10%	15.94%	-39.31%	-23.25%
Net Cash Per Share	2.13	2.52	1.43	1.24	2.09
Filing Date Shares Outstanding	418.04	418.04	418.04	418.04	418.04
Total Common Shares Outstanding	418.04	418.04	418.04	418.04	418.04
Working Capital	1,438	1,329	900.71	930.42	1,174
Book Value Per Share	3.51	3.52	3.69	4.09	4.34
Tangible Book Value	1,467	1,466	1,465	1,609	1,698
Tangible Book Value Per Share	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.