Mingchen Health Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	126.4	172.83	169.04	135.93	250.9	198.71
Short-Term Investments	-	-	-	3.49	-	-
Trading Asset Securities	54.14	58.15	-	-	11.96	114.87
Cash & Short-Term Investments	180.54	230.98	169.04	139.42	262.85	313.59
Cash Growth	5.52%	36.65%	21.24%	-46.96%	-16.18%	-26.09%
Accounts Receivable	236.12	241.72	334.64	161.24	211.59	192.35
Other Receivables	8.11	5.39	7.45	-	7.74	6.58
Receivables	244.24	247.11	342.09	161.24	219.32	198.93
Inventory	78.68	79.52	208.35	191.29	133.01	137.48
Other Current Assets	90.15	133.24	138.11	146.93	56.65	13.8
Total Current Assets	593.6	690.85	857.58	638.87	671.84	663.79
Property, Plant & Equipment	74.64	65.64	97.72	146.87	82.3	56.4
Long-Term Investments	-	0.04	-	-	65.7	-
Goodwill	103.31	103.31	103.31	126.84	117.66	117.66
Other Intangible Assets	291.07	151.48	150.42	274.03	8.05	14.89
Long-Term Deferred Tax Assets	91.27	76.86	47.88	30.43	15.64	9.39
Long-Term Deferred Charges	15.22	11.41	12.42	16.58	3.73	8.88
Other Long-Term Assets	3.03	3.76	4.71	9.68	5.42	8.16
Total Assets	1,172	1,103	1,274	1,243	970.35	879.18
Accounts Payable	200.33	127.07	195.21	183.18	77.17	70.17
Accrued Expenses	17.31	52.41	55.96	55.99	47.41	44.95
Short-Term Debt	30	-	-	-	-	39.05
Current Portion of Leases	9.24	9.66	26.94	28.72	5.5	-
Current Income Taxes Payable	13.11	8.04	3.95	2.78	0.88	-
Current Unearned Revenue	20.47	27.6	115.95	96.94	44.01	47.38
Other Current Liabilities	38.79	41.12	38.68	75.5	18.26	19.37
Total Current Liabilities	329.25	265.9	436.7	443.11	193.23	220.92
Long-Term Leases	20.57	13.31	26.16	59.1	18.91	-
Long-Term Unearned Revenue	-	-	-	-	-	1.27
Long-Term Deferred Tax Liabilities	0.06	0.01	-	-	0.4	1.53
Other Long-Term Liabilities	0.82	0.8	1.29	1.58	-	-
Total Liabilities	350.7	280.01	464.15	503.79	212.54	223.72
Common Stock	266.53	266.53	222.17	170.99	122.14	122.14
Additional Paid-In Capital	178.84	178.84	223.2	274.38	323.23	323.23
Retained Earnings	414.47	385.22	371.77	301.41	312.44	210.1
Treasury Stock	-38.25	-7.25	-7.25	-7.25	-	-
Total Common Equity	821.58	823.34	809.89	739.52	757.81	655.46
Minority Interest	-0.15	-0	-	-	-	-
Shareholders' Equity	821.43	823.34	809.89	739.52	757.81	655.46
Total Liabilities & Equity	1,172	1,103	1,274	1,243	970.35	879.18
Total Debt	59.81	22.96	53.1	87.81	24.41	39.05
Net Cash (Debt)	120.72	208.02	115.94	51.61	238.44	274.54
Net Cash Growth	-20.51%	79.42%	124.66%	-78.36%	-13.15%	-35.29%
Net Cash Per Share	0.47	0.80	0.43	0.19	0.89	1.03
Filing Date Shares Outstanding	266.87	266.02	266	266.14	266.74	266.74
Total Common Shares Outstanding	266.87	266.02	266	266.14	266.74	266.74
Working Capital	264.35	424.95	420.88	195.77	478.62	442.88
Book Value Per Share	3.08	3.10	3.04	2.78	2.84	2.46
Tangible Book Value	427.21	568.55	556.16	338.65	632.1	522.91
Tangible Book Value Per Share	1.60	2.14	2.09	1.27	2.37	1.96
Buildings	-	83.86	82.54	79.03	78.34	78.14
Machinery	-	80.21	82.09	75.42	66.4	77.24
Construction In Progress	-	-	-	8.65	7.46	2.24

Source: S&P Global Market Intelligence. Standard template. Financial Sources.