Midea Real Estate Holding Limited (HKG:3990)

Midea Real Estate Holding Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,034	17,553	21,811	26,289	18,595
Short-Term Investments	137.01	4,424	6,100	10,544	13,565
Trading Asset Securities	-	50	23.08	3.5	1,096
Cash & Short-Term Investments	1,171	22,027	27,934	36,836	33,256
Cash Growth	-94.68%	-21.15%	-24.17%	10.76%	22.20%
Accounts Receivable	1,381	2,224	2,411	2,376	2,210
Other Receivables	101.28	27,373	27,593	29,171	35,190
Receivables	1,878	29,598	30,004	31,547	37,400
Inventory	789.79	97,884	139,092	160,641	160,570
Prepaid Expenses	112.53	8,553	9,477	10,695	9,977
Restricted Cash	68.99	2,539	4,530	7,908	8,140
Other Current Assets	109.54	2,047	3,246	2,843	5,190
Total Current Assets	4,130	162,647	214,283	250,470	254,534
Property, Plant & Equipment	371.54	1,364	1,569	1,627	1,627
Long-Term Investments	43.6	24,131	25,250	28,443	19,336
Goodwill	-	54.87	54.87	61.96	61.96
Other Intangible Assets	201	202.29	236.16	122.84	90.6
Long-Term Accounts Receivable	9.73	36.1	40.83	43.34	42.72
Long-Term Deferred Tax Assets	105.53	6,399	5,039	4,016	3,245
Other Long-Term Assets	4,863	6,744	5,466	3,735	4,817
Total Assets	9,725	201,579	251,939	288,520	283,754
Accounts Payable	1,320	28,992	31,486	35,090	34,913
Accrued Expenses	549.19	3,159	4,357	4,334	4,259
Short-Term Debt	-	739.89	1,297	238.76	588.53
Current Portion of Long-Term Debt	48.8	11,494	12,385	15,096	11,666
Current Portion of Leases	18.49	54.2	64.93	89.27	62.96
Current Income Taxes Payable	291.23	9,070	8,019	6,934	6,413
Current Unearned Revenue	875.11	44,392	86,140	107,453	104,038
Other Current Liabilities	607.13	27,374	22,517	29,536	33,944
Total Current Liabilities	3,710	125,276	166,264	198,771	195,885
Long-Term Debt	586.58	25,835	34,773	40,988	46,385
Long-Term Leases	179.8	43.93	90.21	140.09	176.11
Long-Term Deferred Tax Liabilities	167.11	306.1	497.64	810.23	1,088
Total Liabilities	4,643	151,460	201,625	240,710	243,535
Common Stock	1,219	1,219	1,147	1,044	1,041
Additional Paid-In Capital	1,523	3,932	4,480	4,982	6,613
Retained Earnings	1,932	20,883	19,970	18,243	14,501
Comprehensive Income & Other	221.87	-725.09	-732.78	-758.35	-88.31
Total Common Equity	4,897	25,309	24,865	23,512	22,068
Minority Interest	184.69	24,809	25,449	24,298	18,152
Shareholders' Equity	5,081	50,119	50,314	47,810	40,219
Total Liabilities & Equity	9,725	201,579	251,939	288,520	283,754
Total Debt	833.67	38,167	48,610	56,553	58,879
Net Cash (Debt)	337.29	-16,140	-20,676	-19,717	-25,623
Net Cash Per Share	0.24	-11.68	-16.05	-15.99	-20.82
Filing Date Shares Outstanding	1,435	1,435	1,355	1,234	1,231
Total Common Shares Outstanding	1,435	1,435	1,355	1,234	1,231
Working Capital	420.17	37,372	48,020	51,699	58,648
Book Value Per Share	3.41	17.63	18.34	19.05	17.93
Tangible Book Value	4,696	25,052	24,574	23,327	21,915
Tangible Book Value Per Share	3.27	17.45	18.13	18.90	17.81
Buildings	-	1,011	1,233	1,172	1,096
Machinery	-	371.7	293.7	299.51	279.73
Construction In Progress	-	6.54	15.78	22.09	16.52

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