Meitu, Inc. (HKG: 1357)

Meitu Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	351.5	640.63	946.6	738.73	1,158	864.61
Short-Term Investments	907	673.81	393.43	489.46	873.9	1,647
Cash & Short-Term Investments	1,259	1,314	1,340	1,228	2,032	2,512
Cash Growth	1.44%	-1.91%	9.11%	-39.56%	-19.09%	-6.75%
Accounts Receivable	443.81	1,124	861.85	1,016	689.83	656.5
Other Receivables	-1.57	64.79	55.55	45.01	73.91	78.24
Receivables	465.25	1,209	937.4	1,107	763.73	734.74
Inventory	121.81	53.84	25.59	4.89	1.48	14.31
Prepaid Expenses	70.18	66.69	66.06	131.66	66.16	30.28
Restricted Cash	0.3	0.3	0.3	0.5	0.5	0.5
Other Current Assets	931.63	124.35	86.46	60.56	45.7	49.5
Total Current Assets	2,848	2,769	2,456	2,533	2,910	3,341
Property, Plant & Equipment	545.17	539.64	469.11	424.57	390.67	126.51
Long-Term Investments	1,747	1,653	1,405	986.29	802.28	637.97
Goodwill	396.34	82.67	237.94	16.4	178.44	220.89
Other Intangible Assets	841.17	693.08	421.91	761	214.51	276.91
Long-Term Deferred Tax Assets	13.06	9.29	8.94	7.02	3.78	3.04
Other Long-Term Assets	11.17	20.24	5.64	19.5	7.89	9.47
Total Assets	6,401	5,767	5,004	4,747	4,507	4,616
Accounts Payable	173.75	140.6	135.32	104.16	107.61	117.8
Accrued Expenses	429.24	522.91	441.17	621.33	464.91	385.68
Short-Term Debt	93.8	14.98	10	10	5	-
Current Portion of Long-Term Debt	135.41	-	-	-	-	-
Current Portion of Leases	26.98	29.96	16.78	20.63	25.98	30.76
Current Income Taxes Payable	91.6	60.69	62.74	55.96	50.66	44.06
Current Unearned Revenue	652.35	423.59	245.24	158.38	71.59	58.95
Other Current Liabilities	86.9	71.7	157.62	78.42	87.84	94.01
Total Current Liabilities	1,690	1,264	1,069	1,049	813.6	731.25
Long-Term Debt	-	134.57	-	-	-	-
Long-Term Leases	35.33	45.35	11.37	17.91	2.81	18.65
Long-Term Deferred Tax Liabilities	212.95	209.15	214.6	80.28	41.95	45.52
Other Long-Term Liabilities	-	-	-	84.43	80.97	85.09
Total Liabilities	1,938	1,653	1,295	1,232	939.33	880.51
Common Stock	0.29	0.28	0.28	0.28	0.28	0.28
Additional Paid-In Capital	7,104	7,094	7,174	7,137	7,135	7,134
Retained Earnings	-2,726	-3,030	-3,408	-3,502	-3,451	-3,410
Comprehensive Income & Other	79.36	44.46	3.18	-118.47	-130.66	-86.58
Total Common Equity	4,458	4,109	3,770	3,516	3,554	3,638
Minority Interest	5.14	4.84	-60.11	-0.56	13.91	97.34
Shareholders' Equity	4,463	4,114	3,710	3,516	3,568	3,735
Total Liabilities & Equity	6,401	5,767	5,004	4,747	4,507	4,616
Total Debt	291.52	224.85	38.15	48.54	33.78	49.4
Net Cash (Debt)	966.98	1,090	1,302	1,180	1,998	2,462
Net Cash Growth	-19.07%	-16.31%	10.36%	-40.97%	-18.84%	-8.25%
Net Cash Per Share	0.22	0.24	0.29	0.27	0.47	0.59
Filing Date Shares Outstanding	4,535	4,535	4,444	4,412	4,314	4,311
Total Common Shares Outstanding	4,535	4,478	4,443	4,352	4,314	4,289
Working Capital	1,158	1,504	1,387	1,484	2,096	2,610
Book Value Per Share	0.98	0.92	0.85	0.81	0.82	0.85
Tangible Book Value	3,220	3,333	3,110	2,739	3,161	3,140
Tangible Book Value Per Share	0.71	0.74	0.70	0.63	0.73	0.73
Buildings	430.95	426.26	-	-	-	-
Machinery	147.61	122.26	84.46	74.49	64.76	191.41
Construction In Progress	3.6	4.74	428.38	365.79	343.42	-
Leasehold Improvements	-	-	-	41.1	38.67	56.33

Source: S&P Capital IQ. Standard template. Financial Sources.