Meitu 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	3,515	1,301	640.63	946.6	738.73
Short-Term Investments	1,352	1,655	673.81	393.43	489.46
Cash & Short-Term Investments	4,866	2,956	1,314	1,340	1,228
Cash Growth	64.59%	124.92%	-1.91%	9.11%	-39.56%
Accounts Receivable	523.06	407.01	387.75	350.63	1,016
Other Receivables	-	57.05	60.21	55.55	45.01
Receivables	523.06	490.06	467.96	426.18	1,107
Inventory	7.31	98.45	58.42	25.59	4.89
Prepaid Expenses	-	87.61	66.69	66.06	131.66
Restricted Cash	3.13	33.14	0.3	0.3	0.5
Other Current Assets	869.56	862.25	860.99	597.68	60.56
Total Current Assets	6,269	4,528	2,769	2,456	2,533
Property, Plant & Equipment	513.11	521.96	539.64	469.11	424.57
Long-Term Investments	2,091	1,456	1,653	1,405	986.29
Goodwill	-	396.34	82.67	237.94	16.4
Other Intangible Assets	397.02	123.26	52.62	53.8	761
Long-Term Deferred Tax Assets	13.29	9.81	9.29	8.94	7.02
Other Long-Term Assets	4.96	11.44	660.7	373.75	19.5
Total Assets	9,288	7,047	5,767	5,004	4,747
Accounts Payable	206.53	179.5	140.6	135.32	104.16
Accrued Expenses	491.22	541.12	522.91	441.17	621.33
Short-Term Debt	20	102.89	14.98	10	10
Current Portion of Long-Term Debt	1,594	163.63	134.57	-	-
Current Portion of Leases	25.66	24.6	29.96	16.78	20.63
Current Income Taxes Payable	133.65	87.86	60.69	62.74	55.96
Current Unearned Revenue	848.78	654.87	423.59	245.24	158.38
Other Current Liabilities	35.01	65.81	71.7	157.62	78.42
Total Current Liabilities	3,355	1,820	1,399	1,069	1,049
Long-Term Leases	5.58	27.24	45.35	11.37	17.91
Long-Term Deferred Tax Liabilities	290.43	166.62	209.15	214.6	80.28
Other Long-Term Liabilities	-	-	-	-	84.43
Total Liabilities	3,651	2,014	1,653	1,295	1,232
Common Stock	0.29	0.29	0.28	0.28	0.28
Additional Paid-In Capital	6,238	7,104	7,094	7,174	7,137
Retained Earnings	-1,729	-2,224	-3,030	-3,408	-3,502
Comprehensive Income & Other	1,158	146.63	44.46	3.18	-118.47
Total Common Equity	5,668	5,027	4,109	3,770	3,516
Minority Interest	-29.72	5.83	4.84	-60.11	-0.56
Shareholders' Equity	5,638	5,033	4,114	3,710	3,516
Total Liabilities & Equity	9,288	7,047	5,767	5,004	4,747
Total Debt	1,645	318.35	224.85	38.15	48.54
Net Cash (Debt)	3,221	2,638	1,090	1,302	1,180
Net Cash Growth	22.10%	142.12%	-16.31%	10.36%	-40.97%
Net Cash Per Share	0.70	0.58	0.24	0.29	0.27
Filing Date Shares Outstanding	4,579	4,562	4,535	4,444	4,412
Total Common Shares Outstanding	4,579	4,555	4,478	4,443	4,352
Working Capital	2,915	2,708	1,370	1,387	1,484
Book Value Per Share	1.24	1.10	0.92	0.85	0.81
Tangible Book Value	5,271	4,507	3,974	3,478	2,739
Tangible Book Value Per Share	1.15	0.99	0.89	0.78	0.63
Buildings	-	435.57	426.26	-	-
Machinery	-	153.17	122.26	84.46	74.49
Construction In Progress	-	0.71	4.74	428.38	365.79
Leasehold Improvements	-	-	-	-	41.1

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