Financial Statements — FXHO
Balance Sheet
(in millions CNY)| Metric | Q2
2026 | Q2
2024 |
|---|
| Cash & Equivalents | 293.29 | 15.01 |
| Accounts Receivable | 7.19 | 35.26 |
| Inventory | 4.69 | 1.79 |
| Total Current Assets | 399.01 | 631.26 |
| Property, Plant & Equipment | 36.68 | 51.00 |
| Intangible Assets | 0.19 | 0.09 |
| Total Non-current Assets | 5.73 | 66.61 |
| Total Assets | 439.83 | 99.45 |
| Accounts Payable | 183.35 | 129.62 |
| Short-term Debt | 8.76 | 59.00 |
| Total Current Liabilities | 55.03 | 308.31 |
| Long-term Debt | 5.70 | 6.33 |
| Total Non-current Liabilities | 8.34 | 9.97 |
| Total Liabilities | 400.10 | 45.35 |
| Retained Earnings | (869.56) | (336.14) |
| Total Stockholder Equity | 6.31 | 54.83 |
Income Statement
(in millions USD)| Metric | Q2
2026 | Q2
2024 |
|---|
| Total Revenue | 99.53 | 19.72 |
| Cost of Revenue | 13.20 | 132.42 |
| Gross Profit | 5.53 | 0.85 |
| Selling, General & Admin | 0.87 | 18.33 |
| Total Operating Expenses | (0.77) | 18.75 |
| Operating Income | 11.03 | (17.89) |
| Interest Expense | 0.24 | 0.26 |
| Pretax Income | 9.35 | (18.15) |
| Tax Provision | -- | (0.06) |
| Net Income | 1.31 | (18.14) |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q2
2024 |
|---|
| Operating Cash Flow | 1.67 | (1.19) |
| Capital Expenditures | 0.04 | 2.06 |
| Free Cash Flow* | 1.62 | (3.25) |
| Investing Cash Flow | (0.01) | (2.20) |
| Financing Cash Flow | 181.27 | 37.14 |
* Derived from reported values
