Meitu Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	1,360	3,515	1,301	640.63	946.6	738.73
Short-Term Investments	2,613	1,352	1,655	673.81	393.43	489.46
Cash & Short-Term Investments	4,089	4,866	2,956	1,314	1,340	1,228
Cash Growth	55.63%	64.59%	124.92%	-1.91%	9.11%	-39.56%
Accounts Receivable	557.18	523.06	407.01	387.75	350.63	1,016
Other Receivables	-	-23.47	-30.07	28.1	55.55	45.01
Receivables	557.18	525.59	402.95	435.84	426.18	1,107
Inventory	10.46	7.31	98.45	58.42	25.59	4.89
Prepaid Expenses	-	120.67	87.61	66.69	66.06	131.66
Restricted Cash	1.91	3.13	33.14	0.3	0.3	0.5
Other Current Assets	922.11	746.35	949.36	893.11	597.68	60.56
Total Current Assets	5,581	6,269	4,528	2,769	2,456	2,533
Property, Plant & Equipment	515.48	513.11	521.96	539.64	469.11	424.57
Long-Term Investments	2,960	2,091	1,456	1,653	1,405	986.29
Goodwill	-	313.67	396.34	82.67	237.94	16.4
Other Intangible Assets	391.8	83.35	123.26	52.62	53.8	761
Long-Term Deferred Tax Assets	13.64	13.29	9.81	9.29	8.94	7.02
Other Long-Term Assets	5.68	4.96	11.44	660.7	373.75	19.5
Total Assets	9,468	9,288	7,047	5,767	5,004	4,747

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Accounts Payable	277.16	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	60	20	102.89	14.98	10	10
Current Portion of Long-Term Debt	1,422	1,594	163.63	134.57	-	-
Current Portion of Leases	19.6	25.66	24.6	29.96	16.78	20.63
Current Income Taxes Payable	158.4	133.65	87.86	60.69	62.74	55.96
Current Unearned Revenue	931.56	848.78	654.87	423.59	245.24	158.38
Other Current Liabilities	386.96	35.01	65.81	71.7	157.62	78.42
Total Current Liabilities	3,256	3,355	1,820	1,399	1,069	1,049
Long-Term Leases	21.13	5.58	27.24	45.35	11.37	17.91
Long-Term Deferred Tax Liabilities	369.69	290.43	166.62	209.15	214.6	80.28
Other Long-Term Liabilities	-	-	-	-	-	84.43
Total Liabilities	3,647	3,651	2,014	1,653	1,295	1,232

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Common Stock	0.29	0.29	0.29	0.28	0.28	0.28
Additional Paid-In Capital	6,041	6,238	7,104	7,094	7,174	7,137
Retained Earnings	-1,110	-1,642	-2,224	-3,030	-3,408	-3,502
Comprehensive Income & Other	1,166	1,071	146.63	44.46	3.18	-118.47
Total Common Equity	5,858	5,668	5,027	4,109	3,770	3,516
Minority Interest	-37.04	-29.72	5.83	4.84	-60.11	-0.56
Shareholders' Equity	5,821	5,638	5,033	4,114	3,710	3,516
Total Liabilities & Equity	9,468	9,288	7,047	5,767	5,004	4,747

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Total Debt	1,523	1,645	318.35	224.85	38.15	48.54
Net Cash (Debt)	2,566	3,221	2,638	1,090	1,302	1,180
Net Cash Growth	6.90%	22.10%	142.12%	-16.31%	10.36%	-40.97%
Net Cash Per Share	0.56	0.70	0.58	0.24	0.29	0.27
Filing Date Shares Outstanding	4,523	4,556	4,562	4,535	4,444	4,412
Total Common Shares Outstanding	4,523	4,586	4,555	4,478	4,443	4,352
Working Capital	2,325	2,915	2,708	1,370	1,387	1,484
Book Value Per Share	1.30	1.24	1.10	0.92	0.85	0.81
Tangible Book Value	5,466	5,271	4,507	3,974	3,478	2,739
Tangible Book Value Per Share	1.21	1.15	0.99	0.89	0.78	0.63
Buildings	-	439.57	435.57	426.26	-	-
Machinery	-	145.89	153.17	122.26	84.46	74.49
Construction In Progress	-	5.47	0.71	4.74	428.38	365.79
Leasehold Improvements	-	-	-	-	-	41.1