Be Friends Holding Limited (HKG:1450)

Be Friends Holding Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	404.56	328.4	113.32	149.54	50.93	60.06
Trading Asset Securities	30.92	12.28	-	-	-	-
Cash & Short-Term Investments	435.48	340.68	113.32	149.54	50.93	60.06
Cash Growth	84.84%	200.64%	-24.22%	193.62%	-15.21%	369.94%
Accounts Receivable	172.08	103.93	187.37	226.09	151.46	98.52
Other Receivables	-	36.34	53.63	45.48	12.94	12.08
Receivables	172.08	140.27	262	271.57	171.41	110.6
Inventory	0.66	0.36	68.81	75.99	83.97	98.42
Other Current Assets	158.05	182.89	260.12	30.19	46.63	75.64
Total Current Assets	766.28	664.2	704.24	527.28	352.93	344.72
Property, Plant & Equipment	26.91	36.24	59.34	64.37	47.11	35.25
Long-Term Investments	38.35	10.13	47.48	38.68	31.61	31.46
Goodwill	209.53	209.53	80.11	80.11	-	-
Other Intangible Assets	13.5	16.73	14.84	12.11	5.6	7.23
Long-Term Accounts Receivable	4.12	3.9	5.41	2.5	2.03	3.02
Long-Term Deferred Tax Assets	3.65	5.13	6.91	11.78	-	1.01
Other Long-Term Assets	19.7	-	5.6	17.76	7.63	-
Total Assets	1,082	945.86	923.92	754.59	446.91	422.68

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	252.73	119.77	82.68	105.09	64.56	52.23
Accrued Expenses	-	81.04	83.77	92.13	79.06	49.58
Short-Term Debt	-	60	69.27	53.03	68.21	62.62
Current Portion of Long-Term Debt	106.48	-	136.52	66.09	60.3	96.84
Current Portion of Leases	18.74	18.79	10.49	20.27	8	2.56
Current Income Taxes Payable	4.8	4.72	19.39	33.05	17.36	7.62
Current Unearned Revenue	121.13	96.01	62.27	32.91	14.67	31.07
Other Current Liabilities	-	8	6.52	5.61	6.01	3.95
Total Current Liabilities	503.89	388.32	470.9	408.19	318.16	306.47
Long-Term Debt	-	-	20.54	35.64	17.86	26.2
Long-Term Leases	5.1	14.5	16.02	6.3	7.91	1.62
Long-Term Deferred Tax Liabilities	11.28	11.28	2.75	2.75	-	-
Total Liabilities	520.26	414.11	510.21	452.88	343.92	334.29

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	11.51	11.33	11.33	11.36	10.67	8.69
Additional Paid-In Capital	261.91	322.97	322.97	330.27	330.27	281.11
Retained Earnings	154.25	94.02	3.8	-77.88	-197.34	-188.14
Treasury Stock	-0.02	-0.02	-0.02	-	-	-
Comprehensive Income & Other	134.16	103.5	80.92	33.76	-50.3	-35.87
Total Common Equity	561.81	531.79	418.99	297.51	93.3	65.8
Minority Interest	-0.04	-0.04	-5.28	4.2	9.69	22.59
Shareholders' Equity	561.78	531.75	413.71	301.71	102.98	88.39
Total Liabilities & Equity	1,082	945.86	923.92	754.59	446.91	422.68

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	130.32	93.29	252.83	181.33	162.28	189.83
Net Cash (Debt)	305.16	247.38	-139.52	-31.8	-111.35	-129.77
Net Cash Growth	65.94%	-	-	-	-	-
Net Cash Per Share	0.22	0.18	-0.10	-0.02	-0.10	-0.12
Filing Date Shares Outstanding	1,391	1,385	1,385	1,391	1,311	1,090
Total Common Shares Outstanding	1,391	1,385	1,385	1,391	1,311	1,090
Working Capital	262.39	275.88	233.34	119.1	34.77	38.25
Book Value Per Share	0.40	0.38	0.30	0.21	0.07	0.06
Tangible Book Value	338.78	305.53	324.04	205.29	87.7	58.57
Tangible Book Value Per Share	0.24	0.22	0.23	0.15	0.07	0.05
Buildings	-	-	53.44	53.44	53.44	53.44
Machinery	-	25.42	39.64	33.35	20.97	18.27

Data Source: S&P Global Market Intelligence Last updated: Dec 31, 2025

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Aug 22, 2026

Data Sources Report a data error