Meitu, Inc. (HKG:1357)

Meitu Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,035	1,301	640.63	946.6	738.73	1,158
Short-Term Investments	1,592	1,655	673.81	393.43	489.46	873.9
Cash & Short-Term Investments	2,628	2,956	1,314	1,340	1,228	2,032
Cash Growth	108.79%	124.92%	-1.91%	9.11%	-39.56%	-19.10%
Accounts Receivable	471.2	407.01	387.75	350.63	1,016	689.83
Other Receivables	-	57.05	60.21	55.55	45.01	73.91
Receivables	471.2	490.06	467.96	426.18	1,107	763.73
Inventory	51.97	98.45	58.42	25.59	4.89	1.48
Prepaid Expenses	-	87.61	66.69	66.06	131.66	66.16
Restricted Cash	-	33.14	0.3	0.3	0.5	0.5
Other Current Assets	984.52	862.25	860.99	597.68	60.56	45.7
Total Current Assets	4,135	4,528	2,769	2,456	2,533	2,910
Property, Plant & Equipment	526.63	521.96	539.64	469.11	424.57	390.67
Long-Term Investments	1,530	1,456	1,653	1,405	986.29	802.28
Goodwill	-	396.34	82.67	237.94	16.4	178.44
Other Intangible Assets	493.91	123.26	52.62	53.8	761	214.51
Long-Term Deferred Tax Assets	12.97	9.81	9.29	8.94	7.02	3.78
Other Long-Term Assets	11.07	11.44	660.7	373.75	19.5	7.89
Total Assets	6,710	7,047	5,767	5,004	4,747	4,507
Accounts Payable	183.85	179.5	140.6	135.32	104.16	107.61
Accrued Expenses	435.26	541.12	522.91	441.17	621.33	464.91
Short-Term Debt	20	102.89	14.98	10	10	5
Current Portion of Long-Term Debt	162.95	163.63	134.57	-	-	-
Current Portion of Leases	26.39	24.6	29.96	16.78	20.63	25.98
Current Income Taxes Payable	123.75	87.86	60.69	62.74	55.96	50.66
Current Unearned Revenue	749.12	654.87	423.59	245.24	158.38	71.59
Other Current Liabilities	47.1	65.81	71.7	157.62	78.42	87.84
Total Current Liabilities	1,748	1,820	1,399	1,069	1,049	813.6
Long-Term Leases	17.45	27.24	45.35	11.37	17.91	2.81
Long-Term Deferred Tax Liabilities	166.27	166.62	209.15	214.6	80.28	41.95
Other Long-Term Liabilities	-	-	-	-	84.43	80.97
Total Liabilities	1,932	2,014	1,653	1,295	1,232	939.33
Common Stock	0.29	0.29	0.28	0.28	0.28	0.28
Additional Paid-In Capital	6,419	7,104	7,094	7,174	7,137	7,135
Retained Earnings	-1,902	-2,224	-3,030	-3,408	-3,502	-3,451
Comprehensive Income & Other	272.1	146.63	44.46	3.18	-118.47	-130.66
Total Common Equity	4,789	5,027	4,109	3,770	3,516	3,554
Minority Interest	-11.95	5.83	4.84	-60.11	-0.56	13.91
Shareholders' Equity	4,778	5,033	4,114	3,710	3,516	3,568
Total Liabilities & Equity	6,710	7,047	5,767	5,004	4,747	4,507
Total Debt	226.79	318.35	224.85	38.15	48.54	33.78
Net Cash (Debt)	2,401	2,638	1,090	1,302	1,180	1,998
Net Cash Growth	148.28%	142.12%	-16.31%	10.36%	-40.97%	-18.84%
Net Cash Per Share	0.52	0.58	0.24	0.29	0.27	0.47
Filing Date Shares Outstanding	4,566	4,562	4,535	4,444	4,412	4,314
Total Common Shares Outstanding	4,566	4,555	4,478	4,443	4,352	4,314
Working Capital	2,387	2,708	1,370	1,387	1,484	2,096
Book Value Per Share	1.05	1.10	0.92	0.85	0.81	0.82
Tangible Book Value	4,296	4,507	3,974	3,478	2,739	3,161
Tangible Book Value Per Share	0.94	0.99	0.89	0.78	0.63	0.73
Buildings	-	435.57	426.26	-	-	-
Machinery	-	153.17	122.26	84.46	74.49	64.76
Construction In Progress	-	0.71	4.74	428.38	365.79	343.42
Leasehold Improvements	-	-	-	-	41.1	38.67

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