Suzhou Future Electrical 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	199.3	536.14	469.37	838.24	232.46	176.13
Short-Term Investments	-	-	5.07	20.3	-	-
Trading Asset Securities	978.98	684.67	651.87	322.44	21.54	-
Cash & Short-Term Investments	1,178	1,221	1,126	1,181	254	176.13
Cash Growth	2.83%	8.39%	-4.63%	364.96%	44.21%	83.39%
Accounts Receivable	277.25	270.38	274.55	259.83	256.69	224.09
Other Receivables	0.83	2.97	0.44	0.32	0.14	0.33
Receivables	278.08	273.35	274.98	260.15	256.83	224.42
Inventory	95.54	79.32	82.57	91.09	76.56	66.34
Other Current Assets	11.76	10.89	0.85	0.5	5.34	3.24
Total Current Assets	1,564	1,584	1,485	1,533	592.73	470.13
Property, Plant & Equipment	115.83	119.64	132.31	142.48	148.96	152.8
Long-Term Investments	-	-	5.08	-	-	-
Other Intangible Assets	22.86	11.12	12.08	11.8	12.92	12.16
Long-Term Deferred Tax Assets	0.51	1.27	0.49	1.54	0.81	2.46
Long-Term Deferred Charges	7.24	7.73	9.74	8.88	5.94	4.83
Other Long-Term Assets	3.94	3.22	4.61	5.83	4.05	3.23
Total Assets	1,714	1,727	1,649	1,703	765.43	645.61
Accounts Payable	169.85	190.43	138.47	153.62	127.4	79.25
Accrued Expenses	6.7	10.37	14.93	15.17	12.76	16.88
Current Portion of Long-Term Debt	0.78	0.78	-	-	-	-
Current Portion of Leases	-	-	-	0.48	0.06	0.46
Current Income Taxes Payable	5.65	6.51	2.15	4.38	-	0.33
Current Unearned Revenue	0.06	0.06	0.2	0.03	0.13	0.44
Other Current Liabilities	4.67	8.08	7.86	23.23	21.91	24.66
Total Current Liabilities	187.7	216.23	163.62	196.92	162.26	122.02
Long-Term Leases	0.84	0.85	-	-	0.03	0.09
Long-Term Unearned Revenue	1.34	1.44	1.63	1.46	-	-
Other Long-Term Liabilities	-	-	2.64	2	1.43	2.33
Total Liabilities	189.87	218.52	167.89	200.37	163.72	124.44
Common Stock	140	140	140	140	105	105
Additional Paid-In Capital	1,042	1,042	1,042	1,042	150.6	150.6
Retained Earnings	340.6	325.52	298.99	320.89	346.1	265.57
Comprehensive Income & Other	0.73	0.31	0.15	-	-	-
Total Common Equity	1,523	1,508	1,481	1,503	601.7	521.17
Minority Interest	0.85	1.01	-	-	-	-
Shareholders' Equity	1,524	1,509	1,481	1,503	601.7	521.17
Total Liabilities & Equity	1,714	1,727	1,649	1,703	765.43	645.61
Total Debt	1.61	1.63	-	0.48	0.09	0.55
Net Cash (Debt)	1,177	1,219	1,126	1,180	253.91	175.58
Net Cash Growth	2.69%	8.24%	-4.59%	364.93%	44.61%	130.97%
Net Cash Per Share	8.40	8.70	8.05	9.00	2.42	1.67
Filing Date Shares Outstanding	140.02	140.36	140	140	140	105
Total Common Shares Outstanding	140.02	140.36	140	140	105	105
Working Capital	1,376	1,368	1,321	1,336	430.47	348.11
Book Value Per Share	10.88	10.74	10.58	10.73	5.73	4.96
Tangible Book Value	1,500	1,497	1,469	1,491	588.78	509.01
Tangible Book Value Per Share	10.72	10.66	10.49	10.65	5.61	4.85
Buildings	-	-	110.94	110.81	116.01	115.32
Machinery	-	-	136.03	130.18	124.81	112.99

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