Harbin Fuerjia Technology 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	Dec '21 Dec 31, 2021
Cash & Equivalents	-	885.78	1,839	3,317	1,483	578.12
Short-Term Investments	-	1,066	113.92	-	50	401.19
Trading Asset Securities	-	806.53	1,502	-	-	160.08
Cash & Short-Term Investments	2,758	2,758	3,454	3,317	1,533	1,139
Cash Growth	-18.45%	-20.16%	4.13%	116.36%	34.57%	28.19%
Accounts Receivable	-	49.5	4.98	18.09	7.46	11.7
Other Receivables	-	-	-	3	0.06	0.79
Receivables	-	49.5	4.98	21.09	7.52	12.49
Inventory	-	165.92	160.29	123.06	125.52	98.56
Prepaid Expenses	-	3.36	9.47	-	0.21	6.56
Other Current Assets	-	66.07	31.62	18.5	36.78	43.12
Total Current Assets	-	3,043	3,661	3,480	1,703	1,300
Property, Plant & Equipment	-	613.45	655.22	672.26	588.3	159.89
Long-Term Investments	-	1,644	1,146	1,125	113.17	9
Goodwill	-	565.64	565.64	565.64	565.64	565.64
Other Intangible Assets	-	27.18	27.98	28.2	28.53	28.18
Long-Term Deferred Tax Assets	-	35.47	19.65	10.17	10.14	5.35
Long-Term Deferred Charges	-	4.34	8.34	8.59	0.72	2.24
Other Long-Term Assets	-	4.67	1.02	-	16.03	23.25
Total Assets	-	5,938	6,085	5,889	3,026	2,094
Accounts Payable	-	58.39	63.62	130.36	120.56	8.28
Accrued Expenses	-	26.64	15.41	21.58	13.53	12.56
Current Portion of Leases	-	3.59	5.11	1.43	0.91	6.09
Current Income Taxes Payable	-	49.16	69.37	79.68	82.8	78.55
Current Unearned Revenue	-	18.31	0.11	0.13	1.68	0.47
Other Current Liabilities	-	45.42	239.71	34.61	25.31	53.57
Total Current Liabilities	-	201.5	393.34	267.79	244.78	159.52
Long-Term Leases	-	3.36	6.01	6.71	-	0.42
Long-Term Unearned Revenue	-	7.18	7.56	7.94	-	-
Long-Term Deferred Tax Liabilities	-	30.51	15.39	5.66	0.81	0.76
Total Liabilities	-	242.56	422.3	288.11	245.59	160.71
Common Stock	-	520.1	400.08	400.08	360	360
Additional Paid-In Capital	-	2,660	2,780	2,780	748.17	748.17
Retained Earnings	-	2,515	2,482	2,421	1,672	824.8
Shareholders' Equity	5,695	5,695	5,662	5,601	2,780	1,933
Total Liabilities & Equity	-	5,938	6,085	5,889	3,026	2,094
Total Debt	6.95	6.95	11.12	8.15	0.91	6.51
Net Cash (Debt)	2,751	2,751	3,443	3,309	1,532	1,133
Net Cash Growth	-18.40%	-20.10%	4.05%	115.95%	35.26%	27.46%
Net Cash Per Share	5.25	5.28	6.61	6.76	3.27	2.76
Filing Date Shares Outstanding	519.86	520.1	520.1	520.1	468	410.81
Total Common Shares Outstanding	519.86	520.1	520.1	520.1	468	410.81
Working Capital	-	2,841	3,267	3,212	1,459	1,141
Book Value Per Share	10.95	10.95	10.89	10.77	5.94	4.71
Tangible Book Value	5,102	5,102	5,069	5,008	2,186	1,339
Tangible Book Value Per Share	9.81	9.81	9.75	9.63	4.67	3.26
Buildings	-	574.47	574.47	560.42	19.02	19.58
Machinery	-	166.12	159.61	147.18	25.18	19.07
Construction In Progress	-	2.2	0.11	0.29	553.15	120.08

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