Merit Interactive Co.,Ltd. (SHE:300766)

Merit Interactive 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	257.75	397.42	709.81	971.8	1,036	992.73
Trading Asset Securities	53.42	53.42	59.66	74.56	68.64	165.2
Cash & Short-Term Investments	311.17	450.84	769.47	1,046	1,104	1,158
Cash Growth	-38.16%	-41.41%	-26.46%	-5.25%	-4.63%	-2.88%
Accounts Receivable	156.12	169.89	129.58	130.05	170.45	221
Other Receivables	11.02	11.07	14.63	12.42	15.9	14.66
Receivables	167.14	180.96	144.2	142.47	186.35	235.66
Inventory	17.7	16.09	6.73	5.52	8.58	6.55
Prepaid Expenses	2.47	-	-	-	1.75	12.74
Other Current Assets	9.15	7.85	15.04	34.12	51.24	86.46
Total Current Assets	507.63	655.74	935.45	1,228	1,352	1,499
Property, Plant & Equipment	563.15	551.96	512.6	421.81	309.73	190.3
Long-Term Investments	393.88	380.09	333.56	268.63	223.28	207.41
Other Intangible Assets	198.33	193.31	167.57	152.56	166.53	124.57
Long-Term Deferred Tax Assets	64.43	54.98	45.46	26.27	27.96	21.42
Long-Term Deferred Charges	0.82	0.76	2.82	23.99	8.21	15.6
Other Long-Term Assets	16.84	16	41.87	29.29	13.46	4.5
Total Assets	1,745	1,853	2,039	2,151	2,101	2,063
Accounts Payable	51.07	57.77	52.6	86.1	104.32	73.27
Accrued Expenses	22.46	29.85	38.38	34.7	49.92	28.01
Current Portion of Long-Term Debt	-	-	84.19	84.15	64.09	-
Current Portion of Leases	1.11	1.38	1.92	-	5.6	-
Current Income Taxes Payable	-	-	-	0.02	2.08	0.02
Current Unearned Revenue	78.33	91.99	86.87	83.39	100.81	80.87
Other Current Liabilities	4.98	57.5	7.45	5.81	5.56	79.83
Total Current Liabilities	157.93	238.51	271.41	294.17	332.37	262.01
Long-Term Debt	-	-	66.22	111.78	22.03	86.12
Long-Term Leases	-	0.22	1.43	-	-	-
Long-Term Unearned Revenue	6.82	2.34	2.34	-	2.81	2.01
Long-Term Deferred Tax Liabilities	5.04	5.22	5.55	9.46	8.57	-
Other Long-Term Liabilities	24.34	26.51	21.12	-	-	-
Total Liabilities	194.14	272.8	368.07	415.41	365.78	350.14
Common Stock	392.17	392.17	398.75	400.1	400.1	400.1
Additional Paid-In Capital	687.15	682.61	784.17	799.05	813.1	797.96
Retained Earnings	461.23	493.12	540.75	610.29	603.61	509.12
Treasury Stock	-	-	-100.01	-124.42	-128.71	-28.7
Comprehensive Income & Other	-0.99	-0.99	-2.62	-1.52	-1.01	-0.88
Total Common Equity	1,540	1,567	1,621	1,683	1,687	1,678
Minority Interest	11.39	13.13	50.21	52.12	48.61	35.38
Shareholders' Equity	1,551	1,580	1,671	1,736	1,736	1,713
Total Liabilities & Equity	1,745	1,853	2,039	2,151	2,101	2,063
Total Debt	1.11	1.6	153.76	195.93	91.71	86.12
Net Cash (Debt)	310.06	449.24	615.72	850.43	1,013	1,072
Net Cash Growth	-38.06%	-27.04%	-27.60%	-16.02%	-5.52%	-10.10%
Net Cash Per Share	0.83	1.18	1.60	2.26	2.57	2.68
Filing Date Shares Outstanding	392.17	392.17	392.17	392.17	391.86	391.86
Total Common Shares Outstanding	392.17	392.17	392.17	392.11	391.86	397.72
Working Capital	349.69	417.23	664.04	934.3	1,020	1,237
Book Value Per Share	3.93	4.00	4.13	4.29	4.31	4.22
Tangible Book Value	1,341	1,374	1,453	1,531	1,521	1,553
Tangible Book Value Per Share	3.42	3.50	3.71	3.90	3.88	3.90
Buildings	507.43	502.48	318.76	-	-	-
Machinery	252.87	228.54	191.92	167.62	154.94	140.57
Construction In Progress	-	-	152	391.43	265.06	141.64

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