Green Tea Group Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	247.15	356.29	134.41
Trading Asset Securities	25.02	120.19	40
Cash & Short-Term Investments	272.17	476.48	174.41
Cash Growth	-42.88%	173.20%	-
Accounts Receivable	22.55	36.3	18.49
Other Receivables	234.57	223.48	184.41
Receivables	257.12	259.77	202.89
Inventory	67.23	59.58	56.4
Other Current Assets	76.55	81.22	40.23
Total Current Assets	673.06	877.05	473.92
Property, Plant & Equipment	1,692	1,471	1,273
Other Intangible Assets	3.06	2.14	1.75
Long-Term Deferred Tax Assets	44.26	45.1	36.88
Other Long-Term Assets	52.25	25.69	27.76
Total Assets	2,464	2,421	1,814
Accounts Payable	221.36	248.49	193.35
Accrued Expenses	90.22	92.26	56.05
Short-Term Debt	-	50.1	31
Current Portion of Leases	256.73	214.35	181.86
Current Income Taxes Payable	10.92	55.44	5.83
Current Unearned Revenue	8.02	6.85	5.48
Other Current Liabilities	150.75	510.21	88.61
Total Current Liabilities	738	1,178	562.18
Long-Term Leases	846.21	659.21	605.93
Long-Term Deferred Tax Liabilities	44.55	37.03	47.7
Other Long-Term Liabilities	64.44	132.57	129.83
Total Liabilities	1,693	2,006	1,346
Common Stock	0.08	0.08	0.08
Additional Paid-In Capital	-	-	45.25
Retained Earnings	711.99	361.82	371.06
Comprehensive Income & Other	58.67	52.62	51.66
Total Common Equity	770.73	414.51	468.04
Minority Interest	0.4	-	-
Shareholders' Equity	771.13	414.51	468.04
Total Liabilities & Equity	2,464	2,421	1,814
Total Debt	1,103	923.65	818.79
Net Cash (Debt)	-830.77	-447.17	-644.38
Net Cash Per Share	-1.55	-0.83	-1.20
Filing Date Shares Outstanding	673.45	532.88	532.99
Total Common Shares Outstanding	555.6	532.88	532.99
Working Capital	-64.94	-300.64	-88.26
Book Value Per Share	1.39	0.78	0.88
Tangible Book Value	767.68	412.37	466.29
Tangible Book Value Per Share	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.