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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	348.76	349.88	148.51	85.12	191.25	217.75
Cash & Short-Term Investments	348.76	349.88	148.51	85.12	191.25	217.75
Cash Growth	15.68%	135.59%	74.48%	-55.49%	-12.17%	14.06%
Accounts Receivable	998	1,026	697.85	425.42	339.61	244.42
Other Receivables	333.06	236.39	214.79	212.37	218.28	62.01
Receivables	1,331	1,262	912.64	637.8	557.89	306.43
Inventory	802.12	650.55	526.32	490.39	395.56	215.77
Other Current Assets	53.35	17.73	17.81	55.75	62.06	72.61
Total Current Assets	2,535	2,281	1,605	1,269	1,207	812.56
Property, Plant & Equipment	21.95	27.03	45.31	65.37	64.01	20.95
Long-Term Investments	234.37	237.63	294.3	264.94	135.1	67.44
Other Intangible Assets	102.95	109.08	118.67	75.45	48.6	30.6
Long-Term Accounts Receivable	-	-	-	-	-	12.3
Long-Term Deferred Tax Assets	85.13	88.41	59.56	41.57	46.9	30.84
Long-Term Deferred Charges	20.29	13.93	18.51	9.88	1.08	3.71
Other Long-Term Assets	4.84	2.87	3.09	0.45	0.15	0.17
Total Assets	3,005	2,760	2,145	1,727	1,503	978.56
Accounts Payable	633.49	579.92	485.88	331.38	272.74	247.64
Accrued Expenses	59.58	59.11	21.55	20.03	19.43	14.73
Short-Term Debt	503.12	352.61	5.02	260.6	290.52	20
Current Portion of Long-Term Debt	-	-	-	50.12	-	-
Current Portion of Leases	5.98	8.59	16.47	16.81	15.87	-
Current Income Taxes Payable	3.84	8.31	4.71	2.89	1.13	0.08
Current Unearned Revenue	121.66	109.34	52.33	67.45	73.05	51.03
Other Current Liabilities	31.63	50.03	38.48	48.17	101.25	61.2
Total Current Liabilities	1,359	1,168	624.45	797.45	774	394.68
Long-Term Debt	-	-	-	60	-	-
Long-Term Leases	2.56	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	18.28	19.24	27.31	20.97	10	-
Total Liabilities	1,384	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	811.56	798.13	783.84	197.81	239.91	216.59
Retained Earnings	633.3	583.06	475.84	437.22	334.2	219.71
Treasury Stock	-86.78	-79.29	-42	-56.6	-68.77	-38.69
Comprehensive Income & Other	0.94	3.41	1.53	1.32	-0.82	-0.39
Total Common Equity	1,621	1,567	1,481	819.42	689.26	581.76
Minority Interest	-	-	-1.07	0.83	2.05	-
Shareholders' Equity	1,621	1,567	1,480	820.25	691.31	581.76
Total Liabilities & Equity	3,005	2,760	2,145	1,727	1,503	978.56
Total Debt	511.65	362.61	30.79	414.61	331.15	20
Net Cash (Debt)	-162.89	-12.74	117.72	-329.49	-139.91	197.75
Net Cash Growth	-	-	-	-	-	12.41%
Net Cash Per Share	-0.62	-0.05	0.45	-1.38	-0.59	0.84
Filing Date Shares Outstanding	261	261	259.38	237.4	236.96	237.43
Total Common Shares Outstanding	261	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	6.21	6.00	5.71	3.45	2.91	2.45
Tangible Book Value	1,518	1,458	1,362	743.97	640.66	551.16
Tangible Book Value Per Share	5.82	5.59	5.25	3.13	2.70	2.32
Buildings	4.52	4.52	4.52	4.52	4.52	4.52
Machinery	49.55	47.78	45.07	42.46	37.8	28.16

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