Meitu, Inc. (HKG:1357)

Meitu Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,301	640.63	946.6	738.73	1,158
Short-Term Investments	1,655	673.81	393.43	489.46	873.9
Cash & Short-Term Investments	2,956	1,314	1,340	1,228	2,032
Cash Growth	124.92%	-1.91%	9.11%	-39.56%	-19.10%
Accounts Receivable	407.01	1,124	861.85	1,016	689.83
Other Receivables	-	64.79	55.55	45.01	73.91
Receivables	407.01	1,209	937.4	1,107	763.73
Inventory	73.46	53.84	25.59	4.89	1.48
Prepaid Expenses	-	66.69	66.06	131.66	66.16
Restricted Cash	33.14	0.3	0.3	0.5	0.5
Other Current Assets	1,058	124.35	86.46	60.56	45.7
Total Current Assets	4,528	2,769	2,456	2,533	2,910
Property, Plant & Equipment	521.96	539.64	469.11	424.57	390.67
Long-Term Investments	1,456	1,653	1,405	986.29	802.28
Goodwill	-	82.67	237.94	16.4	178.44
Other Intangible Assets	519.6	693.08	421.91	761	214.51
Long-Term Deferred Tax Assets	9.81	9.29	8.94	7.02	3.78
Other Long-Term Assets	11.44	20.24	5.64	19.5	7.89
Total Assets	7,047	5,767	5,004	4,747	4,507
Accounts Payable	179.5	140.6	135.32	104.16	107.61
Accrued Expenses	541.12	522.91	441.17	621.33	464.91
Short-Term Debt	102.89	14.98	10	10	5
Current Portion of Long-Term Debt	163.63	-	-	-	-
Current Portion of Leases	24.6	29.96	16.78	20.63	25.98
Current Income Taxes Payable	87.86	60.69	62.74	55.96	50.66
Current Unearned Revenue	654.87	423.59	245.24	158.38	71.59
Other Current Liabilities	65.81	71.7	157.62	78.42	87.84
Total Current Liabilities	1,820	1,264	1,069	1,049	813.6
Long-Term Debt	-	134.57	-	-	-
Long-Term Leases	27.24	45.35	11.37	17.91	2.81
Long-Term Deferred Tax Liabilities	166.62	209.15	214.6	80.28	41.95
Other Long-Term Liabilities	-	-	-	84.43	80.97
Total Liabilities	2,014	1,653	1,295	1,232	939.33
Common Stock	0.29	0.28	0.28	0.28	0.28
Additional Paid-In Capital	7,104	7,094	7,174	7,137	7,135
Retained Earnings	-2,299	-3,030	-3,408	-3,502	-3,451
Comprehensive Income & Other	220.92	44.46	3.18	-118.47	-130.66
Total Common Equity	5,027	4,109	3,770	3,516	3,554
Minority Interest	5.83	4.84	-60.11	-0.56	13.91
Shareholders' Equity	5,033	4,114	3,710	3,516	3,568
Total Liabilities & Equity	7,047	5,767	5,004	4,747	4,507
Total Debt	318.35	224.85	38.15	48.54	33.78
Net Cash (Debt)	2,638	1,090	1,302	1,180	1,998
Net Cash Growth	142.12%	-16.31%	10.36%	-40.97%	-18.84%
Net Cash Per Share	0.58	0.24	0.29	0.27	0.47
Filing Date Shares Outstanding	4,559	4,535	4,444	4,412	4,314
Total Common Shares Outstanding	4,559	4,478	4,443	4,352	4,314
Working Capital	2,708	1,504	1,387	1,484	2,096
Book Value Per Share	1.10	0.92	0.85	0.81	0.82
Tangible Book Value	4,507	3,333	3,110	2,739	3,161
Tangible Book Value Per Share	0.99	0.74	0.70	0.63	0.73
Buildings	-	426.26	-	-	-
Machinery	-	122.26	84.46	74.49	64.76
Construction In Progress	-	4.74	428.38	365.79	343.42
Leasehold Improvements	-	-	-	41.1	38.67

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