MeiG Smart Technology Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	311.43	349.88	138.93	72.29	191.25
Short-Term Investments	-	-	38.43	5.12	-
Cash & Short-Term Investments	311.43	349.88	177.35	77.41	191.25
Cash Growth	-10.99%	97.28%	129.11%	-59.52%	-12.17%
Accounts Receivable	678.25	1,026	659.43	420.3	339.61
Other Receivables	462.69	236.39	214.79	212.37	218.28
Receivables	1,141	1,262	874.22	632.67	557.89
Inventory	900.9	650.55	526.32	490.39	395.56
Restricted Cash	-	-	9.58	12.83	-
Other Current Assets	118.98	17.73	17.81	56.24	62.06
Total Current Assets	2,472	2,281	1,605	1,270	1,207
Property, Plant & Equipment	31.97	27.03	45.72	66.01	64.01
Long-Term Investments	235.6	237.63	294.3	264.94	135.1
Other Intangible Assets	111.48	109.08	118.67	75.45	48.6
Long-Term Deferred Tax Assets	92	88.41	59.56	41.09	46.9
Long-Term Deferred Charges	16.94	13.93	18.1	9.24	1.08
Other Long-Term Assets	6.8	2.87	3.09	0.45	0.15
Total Assets	2,967	2,760	2,145	1,727	1,503
Accounts Payable	552.28	579.92	485.88	331.38	272.74
Accrued Expenses	53.22	58.83	58.68	65.77	19.43
Short-Term Debt	385.88	352.61	5.02	70	290.52
Current Portion of Long-Term Debt	-	-	-	240.72	-
Current Portion of Leases	7.21	8.59	16.47	16.81	15.87
Current Income Taxes Payable	2.63	8.31	-	-	1.13
Current Unearned Revenue	192.1	109.34	52.33	67.45	73.05
Other Current Liabilities	38.75	50.31	6.07	5.33	101.25
Total Current Liabilities	1,232	1,168	624.45	797.46	774
Long-Term Debt	-	-	-	60	-
Long-Term Leases	9.83	1.42	9.3	27.08	24.76
Long-Term Unearned Revenue	2.93	3.88	3.88	0.95	2.52
Long-Term Deferred Tax Liabilities	19.74	19.24	27.31	20.97	10
Total Liabilities	1,265	1,192	664.93	906.45	811.28
Common Stock	261.76	261.8	261.64	239.67	184.73
Additional Paid-In Capital	797.24	798.13	-	-	239.91
Retained Earnings	691.85	583.06	453.3	414.8	334.2
Treasury Stock	-48.54	-79.29	-42	-56.61	-68.77
Comprehensive Income & Other	0.16	3.41	807.92	221.55	-0.82
Total Common Equity	1,702	1,567	1,481	819.42	689.26
Minority Interest	-	-	-1.07	0.83	2.05
Shareholders' Equity	1,702	1,567	1,480	820.25	691.31
Total Liabilities & Equity	2,967	2,760	2,145	1,727	1,503
Total Debt	402.92	362.61	30.79	414.61	331.15
Net Cash (Debt)	-91.49	-12.74	146.57	-337.2	-139.91
Net Cash Per Share	-0.35	-0.05	0.56	-1.42	-0.59
Filing Date Shares Outstanding	259.86	261	259.38	237.4	236.96
Total Common Shares Outstanding	259.86	261	259.38	237.4	236.96
Working Capital	1,240	1,113	980.84	472.08	432.75
Book Value Per Share	6.55	6.00	5.71	3.45	2.91
Tangible Book Value	1,591	1,458	1,362	743.97	640.66
Tangible Book Value Per Share	6.12	5.59	5.25	3.13	2.70
Buildings	4.52	4.52	4.52	4.52	4.52
Machinery	51.43	47.78	45.07	42.46	37.8
Leasehold Improvements	-	-	3.78	3.7	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.