Zhong Fu Tong Group 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	580.12	580.7	625.4	753.49	810.75	782.27
Cash & Short-Term Investments	580.12	580.7	625.4	753.49	810.75	782.27
Cash Growth	6.18%	-7.15%	-17.00%	-7.06%	3.64%	50.85%
Accounts Receivable	1,235	1,222	1,136	1,103	1,057	1,143
Other Receivables	78.63	62.83	55.27	53.68	88.72	39.07
Receivables	1,314	1,285	1,192	1,157	1,146	1,182
Inventory	154.48	143.43	133.48	79.76	57.28	58.93
Other Current Assets	21.1	19.22	69.29	117.81	70.55	103.9
Total Current Assets	2,069	2,028	2,020	2,108	2,084	2,127
Property, Plant & Equipment	267.4	271.76	296.78	321.71	293.62	268
Long-Term Investments	0.52	-	7.74	7.55	16.79	37.5
Goodwill	20	20	79.85	125.63	162.74	170.34
Other Intangible Assets	85.7	96.32	97.08	112.66	80.7	65.99
Long-Term Accounts Receivable	-	-	4.37	5.73	19.87	23.05
Long-Term Deferred Tax Assets	75.42	74.18	56.25	38.73	30.77	24.1
Long-Term Deferred Charges	14.2	6.74	9.57	2.39	17.68	5.14
Other Long-Term Assets	20.46	20.23	-	-	3.18	17.11
Total Assets	2,553	2,517	2,572	2,722	2,710	2,738
Accounts Payable	408.31	440.66	506.17	593.21	624.74	608.02
Accrued Expenses	44.97	53.91	156.73	120.43	108.04	88.82
Short-Term Debt	684.02	619.1	555.74	590.64	541.33	492.28
Current Portion of Long-Term Debt	15.15	18.41	45.34	36.09	34.08	17.31
Current Portion of Leases	-	-	19.89	5.96	23.33	21.74
Current Income Taxes Payable	123.55	123.77	5.9	1.88	7.39	17.02
Current Unearned Revenue	5.57	5.67	96.83	119.9	23.22	79.95
Other Current Liabilities	249.08	245.06	39.44	32.02	50.52	113.19
Total Current Liabilities	1,531	1,507	1,426	1,500	1,413	1,438
Long-Term Debt	1.88	1.81	68.11	113.32	149.31	166.64
Long-Term Leases	0.72	1.02	9.06	5.36	0.9	22.59
Long-Term Deferred Tax Liabilities	1.19	1.43	2.41	3.53	5.81	5.43
Other Long-Term Liabilities	108.79	107.39	101.69	-	-	-
Total Liabilities	1,643	1,618	1,607	1,622	1,569	1,633
Common Stock	229.74	229.74	229.74	229.74	227.81	226.27
Additional Paid-In Capital	455.76	454.29	451.4	450.8	429.07	411.58
Retained Earnings	204.23	196.15	272.36	398.05	460.66	444.8
Comprehensive Income & Other	-1.06	-1.08	-1.45	-1.57	-1.51	-1.45
Total Common Equity	888.68	879.1	952.06	1,077	1,116	1,081
Minority Interest	21.13	20	12.2	23.06	24.93	24.12
Shareholders' Equity	909.81	899.1	964.25	1,100	1,141	1,105
Total Liabilities & Equity	2,553	2,517	2,572	2,722	2,710	2,738
Total Debt	701.77	640.33	698.14	751.38	748.94	720.57
Net Cash (Debt)	-121.65	-59.63	-72.74	2.11	61.81	61.7
Net Cash Growth	-	-	-	-96.59%	0.17%	-51.15%
Net Cash Per Share	-0.53	-0.26	-0.32	0.01	0.27	0.27
Filing Date Shares Outstanding	229.64	229.95	229.74	229.74	227.81	226.27
Total Common Shares Outstanding	229.64	229.95	229.74	229.74	227.81	226.27
Working Capital	538.69	521.51	593.87	607.91	671.63	688.75
Book Value Per Share	3.87	3.82	4.14	4.69	4.90	4.78
Tangible Book Value	782.98	762.78	775.13	838.74	872.6	844.86
Tangible Book Value Per Share	3.41	3.32	3.37	3.65	3.83	3.73
Buildings	-	-	293.14	291.31	75.09	59.75
Machinery	-	-	91.16	101.67	94.88	81.94
Construction In Progress	-	-	3.74	1.25	199.34	189.62