Million Cities Holdings Limited (HKG:2892)

Million Cities Holdings Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	234.75	268.45	363.29	205.56	373.47	366.31
Short-Term Investments	0.17	0.28	0.87	2.52	36.45	6.13
Cash & Short-Term Investments	234.93	268.73	364.16	208.08	409.91	372.44
Cash Growth	-25.35%	-26.21%	75.01%	-49.24%	10.06%	-49.83%
Accounts Receivable	0.37	0.33	0.31	0.31	0.31	0.33
Other Receivables	86.53	87.12	130.65	106.58	97.93	42.56
Receivables	228.34	226.87	130.96	106.89	98.25	42.89
Inventory	544.1	566.37	660.3	1,456	1,703	2,177
Prepaid Expenses	18.06	2.4	3.21	2.15	12.48	19.46
Other Current Assets	5.07	35.15	43.64	216.76	216.87	220.2
Total Current Assets	1,031	1,100	1,202	1,989	2,440	2,832
Property, Plant & Equipment	43.63	44.84	46.16	51.59	55.19	57.72
Long-Term Investments	187.25	189.81	211.6	446.92	403.76	415.38
Long-Term Deferred Tax Assets	50.96	50.8	59.77	81.42	80.63	71.66
Other Long-Term Assets	54.05	56.21	152.58	88.52	59.3	21.07
Total Assets	1,366	1,441	1,672	2,754	3,039	3,398
Accounts Payable	55.89	63.1	74.42	203.01	419.24	218.68
Accrued Expenses	-	119.1	162.82	248.57	217.93	190.27
Short-Term Debt	-	-	-	158.4	322.5	368.54
Current Portion of Leases	0.14	0.14	0.03	0.16	0.49	0.47
Current Income Taxes Payable	112.48	51.87	60.6	27.51	11.45	1.7
Current Unearned Revenue	46.98	48.54	78.16	66.31	192.36	945.94
Other Current Liabilities	446.95	452.8	443.28	578.92	506.38	499.21
Total Current Liabilities	662.45	735.55	819.32	1,283	1,670	2,225
Long-Term Leases	0.48	0.55	-	0.05	0.18	0.66
Long-Term Deferred Tax Liabilities	3.01	3.55	3.18	11.45	7.19	3.8
Total Liabilities	665.93	739.66	822.51	1,294	1,678	2,229
Common Stock	6.61	6.61	6.61	6.61	6.61	6.61
Additional Paid-In Capital	660.65	660.65	660.65	660.65	660.65	660.65
Retained Earnings	-98.88	-96.69	17.13	499.41	430.23	263.85
Comprehensive Income & Other	2.5	0.13	1.04	0.79	-3.1	-2.2
Total Common Equity	570.88	570.7	685.42	1,167	1,094	928.9
Minority Interest	129.57	130.83	164.47	292.59	266.87	239.76
Shareholders' Equity	700.44	701.53	849.9	1,460	1,361	1,169
Total Liabilities & Equity	1,366	1,441	1,672	2,754	3,039	3,398
Total Debt	0.62	0.69	0.03	158.61	323.17	369.67
Net Cash (Debt)	234.31	268.05	364.14	49.47	86.75	2.76
Net Cash Growth	-25.37%	-26.39%	636.09%	-42.98%	3040.80%	-99.36%
Net Cash Per Share	0.31	0.36	0.49	0.07	0.12	0.00
Filing Date Shares Outstanding	750	750	750	750	750	750
Total Common Shares Outstanding	750	750	750	750	750	750
Working Capital	368.05	363.97	382.96	706.59	769.75	607.31
Book Value Per Share	0.76	0.76	0.91	1.56	1.46	1.24
Tangible Book Value	570.88	570.7	685.42	1,167	1,094	928.9
Tangible Book Value Per Share	0.76	0.76	0.91	1.56	1.46	1.24
Land	-	64.37	64.37	64.37	64.37	64.37
Machinery	-	19.15	22.69	21.83	19.26	15.36

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