MIXUE Group Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	4,335	5,622	2,764	2,676
Short-Term Investments	-	37.19	57.95	26.79
Trading Asset Securities	3,492	746.05	1,866	900.24
Cash & Short-Term Investments	7,827	6,405	4,688	3,603
Cash Growth	22.20%	36.63%	30.11%	-
Accounts Receivable	25.62	28.47	15.41	2.03
Other Receivables	-	214.43	85.57	26.99
Receivables	25.62	242.91	100.98	29.02
Inventory	2,215	2,232	1,541	1,252
Restricted Cash	1,316	105.56	65.15	61.87
Other Current Assets	512.51	162.86	161.02	128.12
Total Current Assets	11,896	9,148	6,556	5,074
Property, Plant & Equipment	5,700	3,817	2,147	1,200
Long-Term Investments	6.59	313.48	14.22	11.4
Other Intangible Assets	41.96	25.62	20.59	9.03
Long-Term Deferred Tax Assets	76.01	111.89	41.6	23.61
Other Long-Term Assets	2,063	1,177	1,166	999.05
Total Assets	19,783	14,594	9,945	7,316
Accounts Payable	1,767	1,317	881.81	596.68
Accrued Expenses	-	882.1	444.11	339.23
Current Portion of Long-Term Debt	-	259.75	140.09	30.03
Current Portion of Leases	52	72.07	78.81	50.32
Current Income Taxes Payable	294.31	254.83	129.45	122.58
Current Unearned Revenue	359.64	259.27	198.31	305.82
Other Current Liabilities	2,044	689.51	466.08	261.53
Total Current Liabilities	4,517	3,734	2,339	1,706
Long-Term Leases	40.55	54.36	62.74	62.41
Long-Term Unearned Revenue	141.91	147.38	64.62	2.53
Long-Term Deferred Tax Liabilities	2.49	1.64	0.08	2.56
Other Long-Term Liabilities	20.71	60.41	-	-
Total Liabilities	4,723	3,998	2,466	1,774
Common Stock	360	360	360	360
Retained Earnings	-	7,535	4,498	2,605
Comprehensive Income & Other	14,596	2,612	2,597	2,572
Total Common Equity	14,956	10,507	7,454	5,537
Minority Interest	105.3	88.47	24.97	5.36
Shareholders' Equity	15,061	10,595	7,479	5,543
Total Liabilities & Equity	19,783	14,594	9,945	7,316
Total Debt	92.55	386.17	281.64	142.76
Net Cash (Debt)	7,734	6,019	4,406	3,460
Net Cash Growth	28.50%	36.60%	27.34%	-
Net Cash Per Share	21.48	16.72	12.24	9.64
Filing Date Shares Outstanding	360	360	360	359.09
Total Common Shares Outstanding	360	360	360	359.09
Working Capital	7,379	5,414	4,217	3,368
Book Value Per Share	41.54	29.19	20.71	15.42
Tangible Book Value	14,914	10,481	7,434	5,528
Tangible Book Value Per Share	41.43	29.11	20.65	15.40
Buildings	-	1,853	565.13	563.56
Machinery	-	1,223	578.74	481.36
Construction In Progress	-	682.16	711.89	57.14
Leasehold Improvements	-	56.6	45.1	28.73

Updated Feb 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.