Fujian Tendering Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Jan '21 Jan 1, 2021
Cash & Equivalents	836.16	1,182	957.45	1,134	772.18	739.76
Trading Asset Securities	402.63	62.12	340.47	210.9	-	-
Cash & Short-Term Investments	1,239	1,244	1,298	1,345	772.18	739.76
Cash Growth	2.55%	-4.15%	-3.48%	74.15%	4.38%	-6.47%
Accounts Receivable	452.14	503.56	557.63	618.38	476.59	364.28
Other Receivables	27.58	5.39	4.81	42.83	4.69	2.42
Receivables	479.72	508.95	562.44	661.21	481.28	366.7
Inventory	65.55	45	46.33	49.09	43.89	37.54
Prepaid Expenses	-	0.45	0.45	0.49	0.49	0.63
Other Current Assets	13.69	25.32	27.46	6.54	55.63	44.44
Total Current Assets	1,798	1,824	1,935	2,062	1,353	1,189
Property, Plant & Equipment	140.36	140.01	126.79	119.01	127.58	133.34
Long-Term Investments	1.32	1.18	1.23	2.04	1.13	2.54
Goodwill	12.27	12.27	14.67	15.88	15.88	15.88
Other Intangible Assets	14.14	17.43	17.67	6.48	5.98	5.08
Long-Term Deferred Tax Assets	68.37	64.08	50.93	42.18	24.55	19.87
Long-Term Deferred Charges	11.78	13.2	15.78	10.79	11.43	11.7
Other Long-Term Assets	17.29	24.14	14.11	13.05	12.48	11.77
Total Assets	2,063	2,096	2,176	2,272	1,552	1,389
Accounts Payable	148.85	166.21	168.37	171.82	121.29	85.07
Accrued Expenses	64.85	113.14	143.95	174.81	102.22	110.63
Short-Term Debt	70.91	81.7	64.99	35.51	41.34	10.85
Current Portion of Long-Term Debt	9.88	0.18	0.11	0.1	-	-
Current Portion of Leases	-	12.8	11.6	10.94	11.02	11.91
Current Income Taxes Payable	17.47	9.36	13.16	22.99	17.46	21.03
Current Unearned Revenue	33.47	20.78	26.79	25.93	19.71	21.1
Other Current Liabilities	163.22	132.31	185.18	234.63	355.99	297.42
Total Current Liabilities	508.64	536.48	614.15	676.73	669.02	558.01
Long-Term Debt	25.36	25.81	9.47	9.56	-	-
Long-Term Leases	25.58	26.08	29.53	13.74	12.69	19.91
Long-Term Unearned Revenue	1	1	1	-	-	-
Other Long-Term Liabilities	2.6	2.6	1.25	-	-	-
Total Liabilities	563.19	591.98	655.4	700.03	681.71	577.92
Common Stock	275.2	275.2	275.2	275.2	206.4	206.4
Additional Paid-In Capital	889.88	891.06	891.06	938.28	340.14	340.14
Retained Earnings	294.88	287.7	299.32	300.59	272.22	221.89
Comprehensive Income & Other	-1.75	-1.75	-1.75	-0.92	-0.9	-0.9
Total Common Equity	1,458	1,452	1,464	1,513	817.86	767.53
Minority Interest	41.87	51.84	56.55	58.34	52.92	43.8
Shareholders' Equity	1,500	1,504	1,520	1,571	870.79	811.33
Total Liabilities & Equity	2,063	2,096	2,176	2,272	1,552	1,389
Total Debt	131.72	146.58	115.7	69.85	65.04	42.67
Net Cash (Debt)	1,107	1,097	1,182	1,275	707.14	697.09
Net Cash Growth	2.79%	-7.17%	-7.27%	80.29%	1.44%	-10.96%
Net Cash Per Share	4.04	3.99	4.30	4.73	3.43	3.38
Filing Date Shares Outstanding	275.2	275.2	275.2	275.2	275.2	206.4
Total Common Shares Outstanding	275.2	275.2	275.2	275.2	206.4	206.4
Working Capital	1,289	1,287	1,320	1,385	684.46	631.05
Book Value Per Share	5.30	5.28	5.32	5.50	3.96	3.72
Tangible Book Value	1,432	1,423	1,431	1,491	796.01	746.57
Tangible Book Value Per Share	5.20	5.17	5.20	5.42	3.86	3.62
Buildings	-	89.73	89.62	88.12	87.63	58.06
Machinery	-	142.08	138.51	137.83	135	129.81
Construction In Progress	-	22.08	0.7	-	1.36	18.33

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.