Million Cities Holdings 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	92.17	268.45	363.29	205.56	373.47
Short-Term Investments	0.29	0.28	0.87	2.52	36.45
Cash & Short-Term Investments	92.46	268.73	364.16	208.08	409.91
Cash Growth	-65.59%	-26.21%	75.01%	-49.24%	10.06%
Accounts Receivable	0.37	0.33	0.31	0.31	0.31
Other Receivables	95.73	87.12	130.65	106.58	97.93
Receivables	96.1	226.87	130.96	106.89	98.25
Inventory	502.63	566.37	660.3	1,456	1,703
Prepaid Expenses	8.14	2.4	3.21	2.15	12.48
Other Current Assets	12.28	35.15	43.64	216.76	216.87
Total Current Assets	711.61	1,100	1,202	1,989	2,440
Property, Plant & Equipment	42.72	44.84	46.16	51.59	55.19
Long-Term Investments	440.79	189.81	211.6	446.92	403.76
Long-Term Deferred Tax Assets	49.07	50.8	59.77	81.42	80.63
Other Long-Term Assets	57.75	56.21	152.58	88.52	59.3
Total Assets	1,302	1,441	1,672	2,754	3,039
Accounts Payable	54.57	63.1	74.42	203.01	419.24
Accrued Expenses	-	119.1	162.82	248.57	217.93
Short-Term Debt	-	-	-	158.4	322.5
Current Portion of Leases	0.15	0.14	0.03	0.16	0.49
Current Income Taxes Payable	77.5	51.87	60.6	27.51	11.45
Current Unearned Revenue	13.45	48.54	78.16	66.31	192.36
Other Current Liabilities	467.81	452.8	443.28	578.92	506.38
Total Current Liabilities	613.47	735.55	819.32	1,283	1,670
Long-Term Leases	0.4	0.55	-	0.05	0.18
Long-Term Deferred Tax Liabilities	7.28	3.55	3.18	11.45	7.19
Total Liabilities	621.15	739.66	822.51	1,294	1,678
Common Stock	6.61	6.61	6.61	6.61	6.61
Additional Paid-In Capital	-	660.65	660.65	660.65	660.65
Retained Earnings	-	-96.69	17.13	499.41	430.23
Comprehensive Income & Other	544.02	0.13	1.04	0.79	-3.1
Total Common Equity	550.63	570.7	685.42	1,167	1,094
Minority Interest	130.17	130.83	164.47	292.59	266.87
Shareholders' Equity	680.8	701.53	849.9	1,460	1,361
Total Liabilities & Equity	1,302	1,441	1,672	2,754	3,039
Total Debt	0.55	0.69	0.03	158.61	323.17
Net Cash (Debt)	91.91	268.05	364.14	49.47	86.75
Net Cash Growth	-65.71%	-26.39%	636.09%	-42.98%	3040.80%
Net Cash Per Share	0.12	0.36	0.49	0.07	0.12
Filing Date Shares Outstanding	750	750	750	750	750
Total Common Shares Outstanding	750	750	750	750	750
Working Capital	98.14	363.97	382.96	706.59	769.75
Book Value Per Share	0.73	0.76	0.91	1.56	1.46
Tangible Book Value	550.63	570.7	685.42	1,167	1,094
Tangible Book Value Per Share	0.73	0.76	0.91	1.56	1.46
Land	-	64.37	64.37	64.37	64.37
Machinery	-	19.15	22.69	21.83	19.26

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