Modern Avenue Group Co., Ltd. (SHE:002656)

Modern Avenue Group Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Cash & Equivalents	146.33	307.88	135.72	113.75	106.3	322.13
Trading Asset Securities	116.46	0.01	100.66	113.13	169.12	-
Cash & Short-Term Investments	262.79	307.89	236.38	226.88	275.42	322.13
Cash Growth	-25.89%	30.25%	4.19%	-17.62%	-14.50%	-45.34%
Accounts Receivable	112.22	98.02	34.53	56.76	71.91	85.54
Other Receivables	10.62	13.22	16.07	44.84	105.87	149.53
Receivables	122.83	111.25	50.6	101.6	177.78	235.07
Inventory	77.26	60.7	59.8	73	98.57	100.22
Prepaid Expenses	0	0.73	-	0	-	0.38
Other Current Assets	25.85	18.93	16.29	14.15	21.5	29.54
Total Current Assets	488.74	499.49	363.07	415.63	573.26	687.34
Property, Plant & Equipment	75.38	85.78	28.09	65.25	91.07	67.25
Long-Term Investments	33.27	33.27	33.32	50.14	58.68	91.55
Other Intangible Assets	13.08	13.08	4.57	4.65	5.32	6.07
Long-Term Deferred Tax Assets	2.98	3.04	-	-	-	22.62
Long-Term Deferred Charges	3.5	5.61	13.12	15.63	13.68	5.55
Other Long-Term Assets	26.8	27.63	43.69	45.37	48.31	53.12
Total Assets	643.75	667.91	485.87	596.66	790.33	933.48

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Accounts Payable	21.2	21.07	15.15	17.48	24.48	36.89
Accrued Expenses	7.69	12.62	8.45	9.64	14.63	24.52
Short-Term Debt	59.06	54.82	-	-	-	-
Current Portion of Leases	16.29	16.92	10.71	22.24	19.16	14.98
Current Income Taxes Payable	0.22	0.07	0.05	0.77	0.1	0.04
Current Unearned Revenue	32.53	34.17	42.84	47.82	65.74	68.17
Other Current Liabilities	70.01	76.04	48.87	52.79	68.63	63.1
Total Current Liabilities	207	215.71	126.07	150.73	192.74	207.71
Long-Term Debt	10	-	-	-	-	-
Long-Term Leases	23.91	33.11	15.01	47.34	74.18	47.19
Long-Term Deferred Tax Liabilities	3.08	3.21	2.91	3.04	2.87	2.79
Other Long-Term Liabilities	0.28	0.93	5.86	23.22	13.72	102.23
Total Liabilities	244.26	252.97	149.85	224.33	283.51	359.92

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Common Stock	712.52	712.52	712.52	712.52	712.52	712.52
Additional Paid-In Capital	1,456	1,456	1,331	1,311	1,311	1,311
Retained Earnings	-1,788	-1,774	-1,495	-1,437	-1,348	-1,307
Comprehensive Income & Other	18.72	20.43	-212.7	-214.89	-169.47	-144.15
Total Common Equity	399.49	414.93	336.01	371.39	505.86	572.58
Minority Interest	-	-	-	0.94	0.96	0.99
Shareholders' Equity	399.49	414.93	336.01	372.33	506.82	573.57
Total Liabilities & Equity	643.75	667.91	485.87	596.66	790.33	933.48

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Total Debt	109.26	104.85	25.73	69.58	93.34	62.17
Net Cash (Debt)	153.54	203.04	210.65	157.3	182.08	259.96
Net Cash Growth	-41.54%	-3.61%	33.92%	-13.61%	-29.96%	-55.89%
Net Cash Per Share	0.22	0.28	0.30	0.22	0.24	0.36
Filing Date Shares Outstanding	712.52	712.52	712.52	712.52	712.52	712.52
Total Common Shares Outstanding	712.52	712.52	712.52	712.52	712.52	712.52
Working Capital	281.74	283.78	237	264.9	380.52	479.63
Book Value Per Share	0.56	0.58	0.47	0.52	0.71	0.80
Tangible Book Value	386.41	401.85	331.44	366.74	500.54	566.51
Tangible Book Value Per Share	0.54	0.56	0.47	0.51	0.70	0.80
Buildings	19.15	18.82	-	-	-	-
Machinery	38.81	37.58	13.26	19.06	19.38	18.89
Construction In Progress	-	-	1.25	0.56	6.21	3.81

Data Source: S&P Global Market Intelligence Last updated: Aug 25, 2026

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

Update frequency:

Quarterly

Last checked:

Sep 16, 2026

Data Sources Report a data error