Mao Geping Cosmetics Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	2,441	2,796	1,138	887.9	491.58
Short-Term Investments	992.64	22.64	-	-	-
Trading Asset Securities	-	-	-	-	51
Cash & Short-Term Investments	3,434	2,819	1,138	887.9	542.58
Cash Growth	21.81%	147.75%	28.16%	63.64%	426.27%
Accounts Receivable	240.59	214.54	157.68	113.5	110.88
Other Receivables	-	0.49	-	-	-
Receivables	240.59	215.04	157.68	113.5	110.88
Inventory	518.63	323.77	342.21	299.47	209.74
Restricted Cash	2.17	50.17	3.25	1.35	1.37
Other Current Assets	83.5	39.14	56.99	32.19	31.49
Total Current Assets	4,279	3,447	1,698	1,334	896.05
Property, Plant & Equipment	1,139	945.58	220.03	171.5	205.69
Long-Term Investments	48.18	36.55	9.3	-	-
Other Intangible Assets	2.76	2.78	2.56	1.01	0.51
Long-Term Deferred Tax Assets	60.37	38.31	42.97	44.75	28.2
Other Long-Term Assets	4.09	3.04	121.7	4.24	0.49
Total Assets	5,533	4,473	2,095	1,556	1,131
Accounts Payable	163.68	95.18	104.72	112.94	43.14
Accrued Expenses	225.32	205.79	249.37	114.81	85.88
Short-Term Debt	-	320	-	1.73	-
Current Portion of Leases	36.23	25.54	21.68	21.4	21.51
Current Income Taxes Payable	159.53	120.37	-	59.98	68.62
Current Unearned Revenue	138.86	108.96	86.1	62.92	55.07
Other Current Liabilities	99.22	75.55	67.43	16.28	15.58
Total Current Liabilities	822.84	951.38	529.31	390.06	289.81
Long-Term Leases	40.22	18.56	17.28	31.33	58.72
Total Liabilities	863.06	969.95	546.58	421.39	348.52
Common Stock	245.09	239.21	60	60	60
Additional Paid-In Capital	2,342	2,021	-	49.55	49.55
Retained Earnings	2,077	1,226	-	1,024	671.97
Comprehensive Income & Other	1.88	15.28	1,486	0.14	0.14
Total Common Equity	4,666	3,501	1,546	1,134	781.66
Minority Interest	3.56	2.22	2.32	0.77	0.76
Shareholders' Equity	4,670	3,504	1,548	1,135	782.42
Total Liabilities & Equity	5,533	4,473	2,095	1,556	1,131
Total Debt	76.44	364.1	38.96	54.46	80.23
Net Cash (Debt)	3,357	2,455	1,099	833.44	462.35
Net Cash Growth	36.76%	123.40%	31.86%	80.26%	396.62%
Net Cash Per Share	6.85	6.07	5.49	4.17	2.31
Filing Date Shares Outstanding	490.19	490.19	60	200	200
Total Common Shares Outstanding	490.19	478.42	60	200	200
Working Capital	3,456	2,496	1,169	944.35	606.25
Book Value Per Share	9.52	7.32	25.76	5.67	3.91
Tangible Book Value	4,664	3,499	1,543	1,133	781.15
Tangible Book Value Per Share	9.51	7.31	25.72	5.66	3.91
Buildings	92.59	88.7	88.7	88.42	92.31
Machinery	32.63	30.28	28.12	25.64	23.26
Construction In Progress	319.01	166.83	60.11	-	-
Leasehold Improvements	267.39	206.24	175.89	156.45	129.07

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