Meihao Medical Group Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	73.03	78.49	86.83	89.53	41.28	50.97
Short-Term Investments	-	-	55.14	-	-	-
Cash & Short-Term Investments	73.03	78.49	141.97	89.53	41.28	50.97
Cash Growth	-43.76%	-44.71%	58.58%	116.87%	-19.01%	8.08%
Accounts Receivable	1.03	0.69	0.79	0.52	0.6	0.71
Other Receivables	-	4.99	4.23	81.97	3.84	0.29
Receivables	1.03	5.68	5.02	82.49	4.44	1
Inventory	2.72	2.4	2.51	2.5	2.36	1.58
Other Current Assets	20.38	11.69	2.81	1.99	7.35	9.87
Total Current Assets	97.16	98.27	152.31	176.51	55.43	63.42
Property, Plant & Equipment	54.29	58.5	61.66	64.43	71.26	31.22
Long-Term Investments	10	10	-	-	-	-
Goodwill	11.49	11.49	-	-	-	-
Other Intangible Assets	0.4	0.49	0.37	0.53	0.53	0.18
Long-Term Deferred Tax Assets	0.23	0.23	0.69	5.21	3.56	2.69
Other Long-Term Assets	11.04	11.18	17.39	6.04	3.09	0.85
Total Assets	184.6	190.15	232.43	252.72	133.87	98.37
Accounts Payable	9.21	6.56	6.64	5.48	5.72	4.28
Accrued Expenses	-	7.77	6.8	7.2	7.52	7.36
Short-Term Debt	-	-	-	-	-	25.86
Current Portion of Leases	7.99	8.25	8.8	6.9	9.38	8.08
Current Income Taxes Payable	1.76	1.56	1.49	8.87	8.91	7.34
Current Unearned Revenue	3.6	3.98	3.3	4.2	7.79	6.82
Other Current Liabilities	23.34	12	10.93	8.58	8.44	7.37
Total Current Liabilities	45.91	40.11	37.96	41.23	47.76	67.1
Long-Term Leases	23.11	25.18	24.92	29.72	35.16	12.54
Long-Term Unearned Revenue	4.5	4.46	4.01	4.02	0.4	0.36
Long-Term Deferred Tax Liabilities	0.62	0.01	-	-	-	-
Total Liabilities	74.14	69.76	66.88	74.97	83.32	80
Common Stock	5.37	5.37	5.37	5.37	-	-
Additional Paid-In Capital	93.35	93.35	93.35	93.35	-	-
Retained Earnings	-3.21	6.8	44.67	58.26	29.81	-2.26
Comprehensive Income & Other	33.07	13.82	21.79	20.39	20.47	20.47
Total Common Equity	109.33	119.34	165.18	177.37	50.28	18.21
Minority Interest	1.13	1.06	0.37	0.38	0.27	0.16
Shareholders' Equity	110.46	120.4	165.55	177.75	50.54	18.37
Total Liabilities & Equity	184.6	190.15	232.43	252.72	133.87	98.37
Total Debt	31.11	33.43	33.72	36.62	44.54	46.47
Net Cash (Debt)	41.92	45.06	108.25	52.91	-3.26	4.5
Net Cash Growth	-57.18%	-58.37%	104.58%	-	-	-83.40%
Net Cash Per Share	0.07	0.08	0.18	0.12	-0.01	-
Filing Date Shares Outstanding	600.15	600.15	600	600	450	-
Total Common Shares Outstanding	600.15	600.15	600	600	450	-
Working Capital	51.26	58.16	114.35	135.28	7.68	-3.67
Book Value Per Share	0.18	0.20	0.28	0.30	0.11	-
Tangible Book Value	97.44	107.36	164.81	176.84	49.75	18.03
Tangible Book Value Per Share	0.16	0.18	0.27	0.29	0.11	-
Machinery	-	32.82	28.03	26.27	22.77	18.21
Construction In Progress	-	1.11	4.25	0.75	0.78	-
Leasehold Improvements	-	34.76	29.41	28.52	25.68	13.86

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