Baiwang Co., Ltd. (HKG:6657)

Baiwang Balance Sheet

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

Assets

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	385.68	443.9	335.03	237.21	505.01
Short-Term Investments	-	-	109.83	80.47	104.79
Trading Asset Securities	90.74	277.9	268.23	400.9	218.86
Cash & Short-Term Investments	476.42	721.8	713.09	718.58	828.65
Cash Growth	-33.99%	1.22%	-0.76%	-13.28%	64.42%
Accounts Receivable	239.91	148.51	136.91	112.31	100.98
Other Receivables	31.62	11.51	20.8	19.48	39.37
Receivables	271.53	160.02	157.71	131.79	140.34
Inventory	2.31	2.39	3.68	10.99	8.97
Other Current Assets	55.69	61.3	83.79	77.05	44.85
Total Current Assets	805.94	945.51	958.27	938.41	1,023
Property, Plant & Equipment	19.14	11.86	25.05	33.31	44.45
Long-Term Investments	273.46	216.68	123.6	243.79	207.38
Other Intangible Assets	4.39	5.49	6.5	6.96	7.64
Long-Term Accounts Receivable	0.19	0.67	0.26	0.16	1.24
Long-Term Deferred Charges	34.45	35.72	38.18	38.09	36.47
Other Long-Term Assets	-	-	-	-	5.87
Total Assets	1,138	1,216	1,152	1,261	1,326

Liabilities

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	53.54	70.21	64.72	30.87	35.15
Accrued Expenses	37.19	72.55	93.38	68.55	79.17
Current Portion of Long-Term Debt	-	-	2,213	2,152	216.65
Current Portion of Leases	11.78	1.71	14.61	18.44	10.31
Current Income Taxes Payable	-	0.09	0.06	0.03	-
Current Unearned Revenue	88.98	114.72	122.74	165.48	130.63
Other Current Liabilities	12.95	20.41	44.03	48.55	40.17
Total Current Liabilities	204.43	279.7	2,552	2,484	512.08
Long-Term Debt	-	-	-	2.83	1,876
Long-Term Leases	1.81	1.26	1.38	7.35	25.36
Long-Term Deferred Tax Liabilities	-	-	-	0.15	-
Total Liabilities	206.24	280.96	2,554	2,494	2,414

Shareholders' Equity

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	225.91	225.91	140	140	140
Additional Paid-In Capital	2,698	2,698	-	-	-
Retained Earnings	-2,747	-2,738	-2,237	-1,887	-1,733
Comprehensive Income & Other	760.72	754.37	700.39	517.67	507.2
Total Common Equity	937.26	940.54	-1,396	-1,229	-1,086
Minority Interest	-5.93	-5.57	-5.47	-4.16	-1.44
Shareholders' Equity	931.34	934.97	-1,402	-1,233	-1,088
Total Liabilities & Equity	1,138	1,216	1,152	1,261	1,326

Additional Metrics

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	13.59	2.97	2,229	2,181	2,128
Net Cash (Debt)	462.83	718.82	-1,516	-1,462	-1,300
Net Cash Growth	-35.61%	-	-	-	-
Net Cash Per Share	2.05	3.92	-10.83	-10.44	-9.28
Filing Date Shares Outstanding	225.91	225.91	149.26	140	140
Total Common Shares Outstanding	225.91	225.91	140	140	140
Working Capital	601.51	665.81	-1,594	-1,545	510.73
Book Value Per Share	4.15	4.16	-9.97	-8.78	-7.76
Tangible Book Value	932.87	935.05	-1,403	-1,236	-1,094
Tangible Book Value Per Share	4.13	4.14	-10.02	-8.83	-7.81
Machinery	26.31	26.07	28.49	24.7	22.6
Leasehold Improvements	16.86	16.23	14.97	14.06	12.39

Data Source: S&P Global Market Intelligence Last updated: Dec 31, 2025

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Jul 31, 2026

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