Masterwork Group Co.,Ltd. (SHE:300195)

Masterwork Group 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	263.12	286.04	231.38	355.25	616.48	501.15
Short-Term Investments	-	20	103.91	10.59	45.03	-
Trading Asset Securities	-	-	4.17	-	16.83	-
Cash & Short-Term Investments	263.12	306.04	339.46	365.84	678.34	501.15
Cash Growth	77.74%	-9.84%	-7.21%	-46.07%	35.36%	-7.58%
Accounts Receivable	359.86	968.35	852.1	869.2	833.07	781.14
Other Receivables	11.74	13.42	47.33	5.01	5.92	8.52
Receivables	371.6	981.77	899.43	874.21	838.99	789.66
Inventory	890.44	865.51	869.28	882.12	705.52	612.89
Prepaid Expenses	-	3.23	2.8	-	0.18	0.49
Other Current Assets	763.63	128.85	132.76	127.38	225.5	118.8
Total Current Assets	2,289	2,285	2,244	2,250	2,449	2,023
Property, Plant & Equipment	1,115	1,121	1,140	1,255	1,216	1,198
Long-Term Investments	345.33	376.86	334.89	491.27	515.76	579.84
Goodwill	14.59	14.59	14.43	14.43	14.43	14.43
Other Intangible Assets	248.42	254.36	275.48	213.58	221.02	250.47
Long-Term Accounts Receivable	-	453.46	501.72	400.67	403.06	344.37
Long-Term Deferred Tax Assets	45.47	45.53	52.5	51.65	38.32	46.09
Long-Term Deferred Charges	30.13	29.79	32.19	33.61	33.05	32.09
Other Long-Term Assets	2,150	1,656	1,664	1,676	1,723	1,736
Total Assets	6,237	6,237	6,259	6,385	6,614	6,224
Accounts Payable	391.72	421.97	342.64	463.09	447.79	452.21
Accrued Expenses	29.69	40.78	46.43	64.64	62.67	48.37
Short-Term Debt	555.76	522.98	539.1	596.86	629.82	512.99
Current Portion of Long-Term Debt	615.74	502.93	884.78	536.01	616.06	221.8
Current Portion of Leases	-	0.98	1.99	0.65	0.04	-
Current Income Taxes Payable	12.93	0.99	1.98	9.03	8.29	10.16
Current Unearned Revenue	162.46	155.09	156.54	177.94	202.97	120.46
Other Current Liabilities	48.56	171.53	143.82	138.41	166.41	189.11
Total Current Liabilities	1,817	1,817	2,117	1,987	2,134	1,555
Long-Term Debt	1,362	1,345	1,043	1,430	1,375	1,595
Long-Term Leases	0.19	75.34	56.17	12.29	0.11	-
Long-Term Unearned Revenue	40.98	42.97	52.4	44.2	50.73	49.01
Long-Term Deferred Tax Liabilities	110.11	109.42	109.54	120.52	123.05	135.55
Other Long-Term Liabilities	54.94	-	44.03	84.51	128.72	93.63
Total Liabilities	3,385	3,390	3,423	3,678	3,812	3,428
Common Stock	423.71	423.71	423.39	423.39	423.39	423.39
Additional Paid-In Capital	2,255	2,254	2,245	2,261	2,262	2,262
Retained Earnings	17.91	13.33	0.72	-43.47	23.99	-61.26
Treasury Stock	-	-	-	-50.1	-50.1	-
Comprehensive Income & Other	-25.31	-25.45	-17.97	20.4	46.63	91.29
Total Common Equity	2,671	2,666	2,651	2,611	2,706	2,716
Minority Interest	180.36	181.84	185.21	96.1	95.57	80.42
Shareholders' Equity	2,852	2,847	2,836	2,707	2,802	2,796
Total Liabilities & Equity	6,237	6,237	6,259	6,385	6,614	6,224
Total Debt	2,534	2,447	2,525	2,576	2,621	2,329
Net Cash (Debt)	-2,271	-2,141	-2,186	-2,210	-1,943	-1,828
Net Cash Per Share	-4.94	-5.06	-5.86	-5.92	-4.51	-4.36
Filing Date Shares Outstanding	423.71	423.71	423.39	414.7	414.7	423.39
Total Common Shares Outstanding	423.71	423.71	423.39	414.7	414.7	423.39
Working Capital	471.92	468.15	126.45	262.92	314.49	467.9
Book Value Per Share	6.30	6.29	6.26	6.30	6.53	6.41
Tangible Book Value	2,408	2,397	2,361	2,383	2,471	2,451
Tangible Book Value Per Share	5.68	5.66	5.58	5.75	5.96	5.79
Buildings	-	1,101	1,003	1,059	991.86	927.38
Machinery	-	567.63	517.86	538.91	477.85	585.87
Construction In Progress	-	23.77	103.94	72.39	95.27	38.57

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