Fujian Nebula Electronics 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	412.73	352.85	133.06	229.57	177.71	352.68
Short-Term Investments	14.01	-	-	-	-	-
Trading Asset Securities	328.32	355.74	-	-	140.16	63.21
Cash & Short-Term Investments	755.06	708.59	133.06	229.57	317.87	415.89
Cash Growth	13.62%	432.53%	-42.04%	-27.78%	-23.57%	110.54%
Accounts Receivable	550.71	520.99	655.43	752.88	917	495.48
Other Receivables	16.43	13.54	16.46	21.06	17.37	10.79
Receivables	567.13	534.54	671.89	773.94	934.37	506.27
Inventory	701.31	540.91	332.91	401.9	444.54	359.83
Prepaid Expenses	16.28	17.71	2.58	-	-	0.16
Other Current Assets	71.44	39.77	32.08	30.42	27.91	26.34
Total Current Assets	2,111	1,842	1,173	1,436	1,725	1,308
Property, Plant & Equipment	634.74	635.68	654.69	713.74	587.27	526.94
Long-Term Investments	9.75	43.68	52.66	62.22	52.57	25.58
Other Intangible Assets	90.06	91.49	94.94	95.66	63.75	66.68
Long-Term Accounts Receivable	14.04	14.95	22.54	22.85	11.98	0.18
Long-Term Deferred Tax Assets	39.72	53.02	77.85	87.99	81.33	27.69
Long-Term Deferred Charges	29.75	34.5	25.37	27.2	24.65	20.91
Other Long-Term Assets	2.08	0.33	1.28	6.92	9.56	15.01
Total Assets	2,931	2,715	2,102	2,452	2,556	1,991

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	523.55	506.71	312.82	389.48	671.28	480.08
Accrued Expenses	66.21	73.87	56.22	86.23	92.93	58.92
Short-Term Debt	424.69	426.73	638.67	763.38	393.15	124.86
Current Portion of Long-Term Debt	50.26	41.44	67.32	33.21	14.93	4.28
Current Portion of Leases	22.23	18.95	20.4	34.23	35.47	11.79
Current Income Taxes Payable	15.56	1.74	0.73	2.53	4.58	8.91
Current Unearned Revenue	289.34	202.43	43.49	82.02	31.71	55.99
Other Current Liabilities	73.63	51.41	71.16	37.12	37.31	24.05
Total Current Liabilities	1,465	1,323	1,211	1,428	1,281	768.9
Long-Term Debt	225.8	145.3	43	66.18	99.27	114.04
Long-Term Leases	35.41	41.26	43.44	51.46	76.99	32.66
Long-Term Unearned Revenue	5.31	7.26	16.02	25.32	9.3	-
Long-Term Deferred Tax Liabilities	0.46	14.62	14.44	17.08	20.11	0.86
Other Long-Term Liabilities	4.41	6.04	4.15	1.74	8.13	2.11
Total Liabilities	1,737	1,538	1,332	1,590	1,495	918.56

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	174.28	174.28	147.78	147.78	147.78	147.78
Additional Paid-In Capital	1,201	1,201	600.51	609.25	611.65	601.55
Retained Earnings	-180.84	-199.06	20.97	103.42	297.77	296.74
Comprehensive Income & Other	-0.41	0.28	0.04	0.07	0.07	0.01
Total Common Equity	1,194	1,177	769.31	860.52	1,057	1,046
Minority Interest	0.56	0.53	0.68	1.92	3.34	26.82
Shareholders' Equity	1,194	1,177	769.99	862.44	1,061	1,073
Total Liabilities & Equity	2,931	2,715	2,102	2,452	2,556	1,991

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	758.39	673.68	812.82	948.47	619.81	287.64
Net Cash (Debt)	-3.33	34.9	-679.76	-718.89	-301.94	128.25
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.02	0.21	-4.60	-4.86	-2.01	0.87
Filing Date Shares Outstanding	174.28	174.28	174.28	147.78	147.78	147.78
Total Common Shares Outstanding	174.28	174.28	147.78	147.78	147.78	147.78
Working Capital	645.74	518.24	-38.28	7.64	443.34	539.59
Book Value Per Share	6.85	6.75	5.21	5.82	7.15	7.08
Tangible Book Value	1,104	1,085	674.37	764.86	993.53	979.4
Tangible Book Value Per Share	6.33	6.23	4.56	5.18	6.72	6.63
Buildings	340.38	-	-	336	253.73	167.3
Machinery	523.39	535.59	487.71	473.94	358.75	283.47
Construction In Progress	34.96	1.79	-	3.65	3.02	101.35