Green Tea Group Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	1,130	247.15	356.29	134.41
Trading Asset Securities	190.13	25.02	120.19	40
Cash & Short-Term Investments	1,351	272.17	476.48	174.41
Cash Growth	674.35%	-42.88%	173.20%	-
Accounts Receivable	24.96	22.55	36.3	18.49
Other Receivables	244.68	234.57	223.48	184.41
Receivables	269.64	257.12	259.77	202.89
Inventory	54	67.23	59.58	56.4
Other Current Assets	95.19	76.55	81.22	40.23
Total Current Assets	1,769	673.06	877.05	473.92
Property, Plant & Equipment	1,734	1,692	1,471	1,273
Other Intangible Assets	2.91	3.06	2.14	1.75
Long-Term Deferred Tax Assets	53.93	44.26	45.1	36.88
Other Long-Term Assets	60.88	52.25	25.69	27.76
Total Assets	3,621	2,464	2,421	1,814
Accounts Payable	285.72	221.36	248.49	193.35
Accrued Expenses	110.15	90.22	92.26	56.05
Short-Term Debt	-	-	50.1	31
Current Portion of Leases	268.06	256.73	214.35	181.86
Current Income Taxes Payable	33.38	10.92	55.44	5.83
Current Unearned Revenue	4.96	8.02	6.85	5.48
Other Current Liabilities	182.81	150.75	510.21	88.61
Total Current Liabilities	885.09	738	1,178	562.18
Long-Term Leases	872.09	846.21	659.21	605.93
Long-Term Deferred Tax Liabilities	51.78	44.55	37.03	47.7
Other Long-Term Liabilities	69.77	64.44	132.57	129.83
Total Liabilities	1,879	1,693	2,006	1,346
Common Stock	0.09	0.08	0.08	0.08
Additional Paid-In Capital	-	-	-	45.25
Retained Earnings	-	711.99	361.82	371.06
Comprehensive Income & Other	1,742	58.67	52.62	51.66
Total Common Equity	1,742	770.73	414.51	468.04
Minority Interest	0.59	0.4	-	-
Shareholders' Equity	1,742	771.13	414.51	468.04
Total Liabilities & Equity	3,621	2,464	2,421	1,814
Total Debt	1,140	1,103	923.65	818.79
Net Cash (Debt)	210.4	-830.77	-447.17	-644.38
Net Cash Per Share	0.38	-1.55	-0.83	-1.20
Filing Date Shares Outstanding	673.45	673.45	532.88	532.99
Total Common Shares Outstanding	673.45	555.6	532.88	532.99
Working Capital	884.29	-64.94	-300.64	-88.26
Book Value Per Share	2.59	1.39	0.78	0.88
Tangible Book Value	1,739	767.68	412.37	466.29
Tangible Book Value Per Share	2.58	1.38	0.77	0.87
Machinery	-	442.54	379.73	289.45
Construction In Progress	-	25.16	16.4	21.81
Leasehold Improvements	-	1,095	937.22	727.55

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