Mulsanne Group Holding Limited (HKG:1817)

Mulsanne Group 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	110.48	182.55	186.89	192.42	252.19	677.23
Cash & Short-Term Investments	110.48	182.55	186.89	192.42	252.19	677.23
Cash Growth	-29.31%	-2.32%	-2.87%	-23.70%	-62.76%	-12.24%
Accounts Receivable	135.07	237.4	303.38	334.53	361.66	427.07
Other Receivables	-	-	-	159.69	172.58	136.25
Receivables	135.07	237.4	303.38	494.22	534.24	563.32
Inventory	428.66	461.54	590.42	566.68	683.49	840.37
Prepaid Expenses	-	-	-	29.38	22.83	29.88
Other Current Assets	415.32	209.09	637.07	506.93	706.94	100.89
Total Current Assets	1,090	1,091	1,718	1,790	2,200	2,212
Property, Plant & Equipment	531.44	595.89	608.48	512.61	528.44	533.17
Long-Term Investments	2.53	2.53	2.64	4.54	6.39	11.83
Other Intangible Assets	35.39	39.84	45.25	50.81	38.59	43.31
Long-Term Deferred Tax Assets	175.66	173.95	183.02	209.73	217.4	223.31
Other Long-Term Assets	49.74	49.06	53.41	446.95	529.65	-
Total Assets	1,884	1,952	2,611	3,014	3,520	3,023

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	312.87	303.35	412.85	374.64	439.37	474.92
Accrued Expenses	-	73.08	90.7	121.04	116.08	130.51
Short-Term Debt	411.53	411.25	903.47	827.33	1,141	263.85
Current Portion of Long-Term Debt	-	-	-	60.13	43.07	708.03
Current Portion of Leases	68.89	100.91	102.79	71.59	109.64	114.71
Current Income Taxes Payable	1.94	2.28	2.62	17.44	20.31	41.09
Current Unearned Revenue	51.12	9.51	18	21.2	49.05	63.99
Other Current Liabilities	184.02	216.75	215.53	282.5	197.04	229.97
Total Current Liabilities	1,030	1,117	1,746	1,776	2,115	2,027
Long-Term Debt	-	-	-	442.35	588.24	87.68
Long-Term Leases	60.5	62.6	109.58	47.84	88.88	128.79
Long-Term Deferred Tax Liabilities	2.97	2.97	19.52	36.65	39.08	39.31
Total Liabilities	1,094	1,183	1,875	2,303	2,832	2,283

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	8.34	8.34	8.34	8.34	8.34	8.34
Additional Paid-In Capital	-	734.67	734.67	734.67	734.67	734.67
Retained Earnings	-	-517.66	-549.28	-580.24	-621.43	-634.76
Comprehensive Income & Other	782.11	543.79	541.76	548.03	562.81	625.06
Total Common Equity	790.46	769.14	735.49	710.8	684.4	733.32
Minority Interest	-	-	-	0.77	4.08	7.16
Shareholders' Equity	790.46	769.14	735.49	711.57	688.48	740.47
Total Liabilities & Equity	1,884	1,952	2,611	3,014	3,520	3,023

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	540.92	574.75	1,116	1,449	1,971	1,303
Net Cash (Debt)	-430.44	-392.2	-928.95	-1,257	-1,719	-625.83
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.47	-0.43	-1.02	-1.38	-1.88	-0.69
Filing Date Shares Outstanding	950	950	950	950	950	950
Total Common Shares Outstanding	950	950	950	950	950	950
Working Capital	59.17	-26.55	-28.21	13.77	84.21	184.63
Book Value Per Share	0.83	0.81	0.77	0.75	0.72	0.77
Tangible Book Value	755.06	729.31	690.23	660	645.81	690.01
Tangible Book Value Per Share	0.79	0.77	0.73	0.69	0.68	0.73
Buildings	-	362.73	281.8	281.8	-	-
Machinery	-	98.3	103.73	104.72	101.52	95.41
Construction In Progress	-	-	24.8	5.04	205.95	149.42
Leasehold Improvements	-	254.84	236.01	261	253.23	250.04

Data Source: S&P Global Market Intelligence Last updated: Aug 26, 2026

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:

Sep 12, 2026

Data Sources Report a data error