ANTA Sports Products 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	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	9,656	11,390	15,228	17,378	17,592	15,323
Short-Term Investments	22,373	23,689	23,410	12,016	9,305	6,123
Trading Asset Securities	-	-	-	-	-	270
Cash & Short-Term Investments	32,029	35,079	38,638	29,394	26,897	21,716
Cash Growth	6.13%	-9.21%	31.45%	9.28%	23.86%	59.27%
Accounts Receivable	3,633	4,463	3,732	2,978	3,296	3,731
Other Receivables	113	81	49	-	73	44
Receivables	3,746	4,544	3,781	2,978	3,369	3,775
Inventory	10,412	10,760	7,210	8,490	7,644	5,486
Other Current Assets	2,785	2,099	2,511	1,734	1,992	1,740
Total Current Assets	48,972	52,482	52,140	42,596	39,902	32,717
Property, Plant & Equipment	17,255	15,978	13,050	12,789	10,390	6,837
Long-Term Investments	44,778	39,375	23,015	10,408	9,749	9,728
Goodwill	-	405	405	-	-	-
Other Intangible Assets	4,686	1,629	1,684	1,480	1,531	1,582
Long-Term Deferred Tax Assets	1,658	1,633	1,367	1,378	1,053	960
Other Long-Term Assets	886	1,113	567	544	43	43
Total Assets	118,235	112,615	92,228	69,195	62,668	51,867
Accounts Payable	3,869	4,353	3,216	2,768	3,168	2,392
Accrued Expenses	3,137	3,465	3,532	3,020	3,138	2,112
Short-Term Debt	10,000	7,500	2,900	8,212	1,000	1,000
Current Portion of Long-Term Debt	1,889	1,083	1,096	3,986	748	968
Current Portion of Leases	3,283	3,179	2,701	2,867	2,237	1,273
Current Income Taxes Payable	2,411	3,386	2,825	2,169	1,816	1,507
Current Unearned Revenue	1,198	1,134	1,118	993	959	1,067
Other Current Liabilities	4,298	4,493	3,203	2,192	2,877	1,396
Total Current Liabilities	30,085	28,593	20,591	26,207	15,943	11,715
Long-Term Debt	12,151	12,233	10,948	492	11,425	12,456
Long-Term Leases	4,266	4,125	3,824	3,938	2,908	1,246
Long-Term Deferred Tax Liabilities	1,990	925	855	691	655	527
Other Long-Term Liabilities	16	-	-	28	74	99
Total Liabilities	48,508	45,876	36,218	31,356	31,005	26,043
Common Stock	270	271	272	262	261	261
Additional Paid-In Capital	15,604	15,229	15,188	4,681	4,648	4,618
Retained Earnings	46,944	44,118	34,930	28,890	24,386	19,746
Comprehensive Income & Other	951	2,111	1,070	567	-372	-612
Total Common Equity	63,769	61,729	51,460	34,400	28,923	24,013
Minority Interest	5,958	5,010	4,550	3,439	2,740	1,811
Shareholders' Equity	69,727	66,739	56,010	37,839	31,663	25,824
Total Liabilities & Equity	118,235	112,615	92,228	69,195	62,668	51,867
Total Debt	31,589	28,120	21,469	19,495	18,318	16,943
Net Cash (Debt)	440	6,959	17,169	9,899	8,579	4,773
Net Cash Growth	-94.78%	-59.47%	73.44%	15.39%	79.74%	85.79%
Net Cash Per Share	0.15	2.39	5.99	3.56	3.09	1.72
Filing Date Shares Outstanding	2,807	2,816	2,833	2,714	2,703	2,703
Total Common Shares Outstanding	2,807	2,816	2,833	2,714	2,703	2,703
Working Capital	18,887	23,889	31,549	16,389	23,959	21,002
Book Value Per Share	22.72	21.92	18.17	12.68	10.70	8.88
Tangible Book Value	59,083	59,695	49,371	32,920	27,392	22,431
Tangible Book Value Per Share	21.05	21.20	17.43	12.13	10.13	8.30
Buildings	-	3,651	3,800	3,098	2,384	2,096
Machinery	-	2,108	1,634	1,443	1,214	1,048
Construction In Progress	-	1,465	822	1,058	926	545
Leasehold Improvements	-	2,882	2,046	1,646	967	378

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.