ANTA Sports Products 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	12,181	11,390	15,228	17,378	17,592
Short-Term Investments	27,189	23,689	23,410	12,016	9,305
Cash & Short-Term Investments	39,370	35,079	38,638	29,394	26,897
Cash Growth	12.23%	-9.21%	31.45%	9.28%	23.86%
Accounts Receivable	4,616	4,463	3,732	2,978	3,296
Other Receivables	109	81	49	-	73
Receivables	4,725	4,544	3,781	2,978	3,369
Inventory	12,152	10,760	7,210	8,490	7,644
Other Current Assets	3,409	2,099	2,511	1,734	1,992
Total Current Assets	59,656	52,482	52,140	42,596	39,902
Property, Plant & Equipment	18,824	15,978	13,050	12,789	10,390
Long-Term Investments	38,734	39,375	23,015	10,408	9,749
Goodwill	674	405	405	-	-
Other Intangible Assets	3,579	1,629	1,684	1,480	1,531
Long-Term Deferred Tax Assets	1,933	1,633	1,367	1,378	1,053
Other Long-Term Assets	895	1,113	567	544	43
Total Assets	124,295	112,615	92,228	69,195	62,668
Accounts Payable	4,174	4,353	3,216	2,768	3,168
Accrued Expenses	3,895	3,465	3,532	3,020	3,138
Short-Term Debt	10,900	7,500	2,900	8,212	1,000
Current Portion of Long-Term Debt	632	1,083	1,096	3,986	748
Current Portion of Leases	3,687	3,179	2,701	2,867	2,237
Current Income Taxes Payable	3,698	3,386	2,825	2,169	1,816
Current Unearned Revenue	1,220	1,134	1,118	993	959
Other Current Liabilities	5,152	4,493	3,203	2,192	2,877
Total Current Liabilities	33,358	28,593	20,591	26,207	15,943
Long-Term Debt	11,770	12,233	10,948	492	11,425
Long-Term Leases	4,775	4,125	3,824	3,938	2,908
Long-Term Deferred Tax Liabilities	1,984	925	855	691	655
Other Long-Term Liabilities	3	-	-	28	74
Total Liabilities	51,890	45,876	36,218	31,356	31,005
Common Stock	269	271	272	262	261
Additional Paid-In Capital	15,604	15,229	15,188	4,681	4,648
Retained Earnings	49,050	44,118	34,930	28,890	24,386
Comprehensive Income & Other	859	2,111	1,070	567	-372
Total Common Equity	65,782	61,729	51,460	34,400	28,923
Minority Interest	6,623	5,010	4,550	3,439	2,740
Shareholders' Equity	72,405	66,739	56,010	37,839	31,663
Total Liabilities & Equity	124,295	112,615	92,228	69,195	62,668
Total Debt	31,764	28,120	21,469	19,495	18,318
Net Cash (Debt)	7,606	6,959	17,169	9,899	8,579
Net Cash Growth	9.30%	-59.47%	73.44%	15.39%	79.74%
Net Cash Per Share	2.62	2.39	5.99	3.56	3.09
Filing Date Shares Outstanding	2,797	2,816	2,833	2,714	2,703
Total Common Shares Outstanding	2,797	2,816	2,833	2,714	2,703
Working Capital	26,298	23,889	31,549	16,389	23,959
Book Value Per Share	23.52	21.92	18.17	12.68	10.70
Tangible Book Value	61,529	59,695	49,371	32,920	27,392
Tangible Book Value Per Share	22.00	21.20	17.43	12.13	10.13
Buildings	4,224	3,651	3,800	3,098	2,384
Machinery	2,408	2,108	1,634	1,443	1,214
Construction In Progress	2,532	1,465	822	1,058	926
Leasehold Improvements	3,783	2,882	2,046	1,646	967

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.