MeiG Smart Technology Co., Ltd (SHE:002881)

MeiG Smart Technology 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	460.35	349.88	148.51	85.12	191.25	217.75
Cash & Short-Term Investments	460.35	349.88	148.51	85.12	191.25	217.75
Cash Growth	-9.35%	135.59%	74.48%	-55.49%	-12.17%	14.06%
Accounts Receivable	1,222	1,026	697.85	425.42	339.61	244.42
Other Receivables	8.85	236.39	214.79	212.37	218.28	62.01
Receivables	1,231	1,262	912.64	637.8	557.89	306.43
Inventory	702.84	650.55	526.32	490.39	395.56	215.77
Other Current Assets	232.67	17.73	17.81	55.75	62.06	72.61
Total Current Assets	2,627	2,281	1,605	1,269	1,207	812.56
Property, Plant & Equipment	23.11	27.03	45.31	65.37	64.01	20.95
Long-Term Investments	236.38	237.63	294.3	264.94	135.1	67.44
Other Intangible Assets	101.05	109.08	118.67	75.45	48.6	30.6
Long-Term Accounts Receivable	-	-	-	-	-	12.3
Long-Term Deferred Tax Assets	85.73	88.41	59.56	41.57	46.9	30.84
Long-Term Deferred Charges	15.3	13.93	18.51	9.88	1.08	3.71
Other Long-Term Assets	3.25	2.87	3.09	0.45	0.15	0.17
Total Assets	3,092	2,760	2,145	1,727	1,503	978.56
Accounts Payable	678.62	579.92	485.88	331.38	272.74	247.64
Accrued Expenses	15.71	59.11	21.55	20.03	19.43	14.73
Short-Term Debt	538.03	352.61	5.02	260.6	290.52	20
Current Portion of Long-Term Debt	-	-	-	50.12	-	-
Current Portion of Leases	6.31	8.59	16.47	16.81	15.87	-
Current Income Taxes Payable	18.77	8.31	4.71	2.89	1.13	0.08
Current Unearned Revenue	107.39	109.34	52.33	67.45	73.05	51.03
Other Current Liabilities	85.66	50.03	38.48	48.17	101.25	61.2
Total Current Liabilities	1,450	1,168	624.45	797.45	774	394.68
Long-Term Debt	-	-	-	60	-	-
Long-Term Leases	0.43	1.42	9.3	27.08	24.76	-
Long-Term Unearned Revenue	3.88	3.88	3.88	0.95	2.52	2.12
Long-Term Deferred Tax Liabilities	18.57	19.24	27.31	20.97	10	-
Total Liabilities	1,473	1,192	664.93	906.45	811.28	396.8
Common Stock	261.8	261.8	261.64	239.67	184.73	184.54
Additional Paid-In Capital	803.67	798.13	783.84	197.81	239.91	216.59
Retained Earnings	629.37	583.06	475.84	437.22	334.2	219.71
Treasury Stock	-79.29	-79.29	-42	-56.6	-68.77	-38.69
Comprehensive Income & Other	2.66	3.41	1.53	1.32	-0.82	-0.39
Total Common Equity	1,618	1,567	1,481	819.42	689.26	581.76
Minority Interest	-	-	-1.07	0.83	2.05	-
Shareholders' Equity	1,618	1,567	1,480	820.25	691.31	581.76
Total Liabilities & Equity	3,092	2,760	2,145	1,727	1,503	978.56
Total Debt	544.76	362.61	30.79	414.61	331.15	20
Net Cash (Debt)	-84.41	-12.74	117.72	-329.49	-139.91	197.75
Net Cash Growth	-	-	-	-	-	12.41%
Net Cash Per Share	-0.34	-0.05	0.45	-1.38	-0.59	0.84
Filing Date Shares Outstanding	261.23	261	259.38	237.4	236.96	237.43
Total Common Shares Outstanding	261.23	261	259.38	237.4	236.96	237.43
Working Capital	1,176	1,113	980.83	471.6	432.75	417.87
Book Value Per Share	6.19	6.00	5.71	3.45	2.91	2.45
Tangible Book Value	1,517	1,458	1,362	743.97	640.66	551.16
Tangible Book Value Per Share	5.81	5.59	5.25	3.13	2.70	2.32
Buildings	-	4.52	4.52	4.52	4.52	4.52
Machinery	-	47.78	45.07	42.46	37.8	28.16

Updated Oct 28, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.