Global Top E-Commerce Co., Ltd. (SHE:002640)

Global Top E-Commerce Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	176.41	144.78	304.86	526.5	528.88	658.58
Cash & Short-Term Investments	176.41	144.78	304.86	526.5	528.88	658.58
Cash Growth	16.46%	-52.51%	-42.10%	-0.45%	-19.69%	-52.88%
Accounts Receivable	741.54	718.32	332.43	529.18	385.09	883.07
Other Receivables	305.19	251.94	652.58	434.33	434.37	306.51
Receivables	1,047	970.25	985.01	963.5	819.46	1,190
Inventory	150.34	357.21	523.08	418.59	389.31	1,676
Other Current Assets	348.46	116.63	146.63	213.61	65.71	159.22
Total Current Assets	1,722	1,589	1,960	2,122	1,803	3,684
Property, Plant & Equipment	38.49	38.3	50.03	63.52	96.12	347.72
Long-Term Investments	59.41	57.81	57.73	59.6	58.87	119.43
Goodwill	1,178	1,178	1,414	1,414	1,414	1,664
Other Intangible Assets	8.11	9.22	10.94	13.44	29.49	258.34
Long-Term Deferred Tax Assets	105.12	103.73	106.81	101.14	90.45	28.72
Long-Term Deferred Charges	0.58	0.63	3.01	3.83	3.05	9.22
Other Long-Term Assets	132.72	133.12	140.34	211.78	241.23	75.93
Total Assets	3,244	3,109	3,742	3,989	3,736	6,187
Accounts Payable	59.11	97.4	107.38	135.12	200.75	2,071
Accrued Expenses	418.56	317.6	457.48	494.38	368.27	323.89
Short-Term Debt	718.86	668	739	612.78	337.16	1,607
Current Portion of Long-Term Debt	-	-	-	-	-	50
Current Portion of Leases	7.47	9.59	18.04	15.37	14.17	-
Current Income Taxes Payable	99.46	90.76	87.23	96.27	73.69	479
Current Unearned Revenue	69.76	53.1	37.66	90.77	75.98	50.84
Other Current Liabilities	449.46	461.73	472	545.55	559.36	249.69
Total Current Liabilities	1,823	1,698	1,919	1,990	1,629	4,831
Long-Term Debt	-	-	-	-	-	285.38
Long-Term Leases	4.75	7.08	9.81	19.64	30.63	-
Long-Term Unearned Revenue	5.94	-	-	-	-	0.11
Long-Term Deferred Tax Liabilities	0.04	0.07	0.27	0.22	-	1.29
Other Long-Term Liabilities	560.46	561.1	472.22	529.5	619.49	45.63
Total Liabilities	2,394	2,266	2,401	2,540	2,280	5,163
Common Stock	1,558	1,558	1,558	1,558	1,558	1,558
Additional Paid-In Capital	3,738	3,738	3,738	3,738	3,738	3,732
Retained Earnings	-4,234	-4,228	-3,751	-3,685	-3,703	-4,386
Treasury Stock	-117.34	-117.34	-102.24	-102.24	-102.24	-102.24
Comprehensive Income & Other	-85.43	-98.54	-93.81	-60.87	-45.52	226.24
Total Common Equity	859.29	852.05	1,349	1,448	1,446	1,028
Minority Interest	-9.17	-9.18	-7.68	1.36	10.81	-4.62
Shareholders' Equity	850.11	842.87	1,341	1,450	1,457	1,024
Total Liabilities & Equity	3,244	3,109	3,742	3,989	3,736	6,187
Total Debt	731.08	684.67	766.85	647.79	381.95	1,942
Net Cash (Debt)	-554.68	-539.89	-461.99	-121.29	146.93	-1,284
Net Cash Per Share	-0.36	-0.35	-0.30	-0.08	0.09	-0.82
Filing Date Shares Outstanding	1,558	1,558	1,558	1,558	1,558	1,558
Total Common Shares Outstanding	1,558	1,558	1,558	1,558	1,558	1,558
Working Capital	-100.74	-109.31	40.8	131.95	173.98	-1,147
Book Value Per Share	0.55	0.55	0.87	0.93	0.93	0.66
Tangible Book Value	-326.44	-334.79	-75.89	21.1	2.77	-894.01
Tangible Book Value Per Share	-0.21	-0.21	-0.05	0.01	0.00	-0.57
Buildings	42.47	36.72	36.72	36.72	65.4	318.77
Machinery	23.83	23.87	28.69	33.7	32.63	136.89

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