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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	276.51	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	329.93	450.84	769.47	1,046	1,104	1,158
Cash Growth	-27.37%	-41.41%	-26.46%	-5.25%	-4.63%	-2.88%
Accounts Receivable	152.26	169.89	129.58	130.05	170.45	221
Other Receivables	12.78	11.07	14.63	12.42	15.9	14.66
Receivables	165.04	180.96	144.2	142.47	186.35	235.66
Inventory	21.52	16.09	6.73	5.52	8.58	6.55
Prepaid Expenses	-	-	-	-	1.75	12.74
Other Current Assets	15.26	7.85	15.04	34.12	51.24	86.46
Total Current Assets	531.74	655.74	935.45	1,228	1,352	1,499
Property, Plant & Equipment	567.55	551.96	512.6	421.81	309.73	190.3
Long-Term Investments	389.66	380.09	333.56	268.63	223.28	207.41
Other Intangible Assets	199.05	193.31	167.57	152.56	166.53	124.57
Long-Term Deferred Tax Assets	64.83	54.98	45.46	26.27	27.96	21.42
Long-Term Deferred Charges	0.73	0.76	2.82	23.99	8.21	15.6
Other Long-Term Assets	16.36	16	41.87	29.29	13.46	4.5
Total Assets	1,770	1,853	2,039	2,151	2,101	2,063
Accounts Payable	55.07	57.77	52.6	86.1	104.32	73.27
Accrued Expenses	19.18	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	5.26	-	-	0.02	2.08	0.02
Current Unearned Revenue	84.07	91.99	86.87	83.39	100.81	80.87
Other Current Liabilities	3.13	57.5	7.45	5.81	5.56	79.83
Total Current Liabilities	177.72	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	6.22	2.34	2.34	-	2.81	2.01
Long-Term Deferred Tax Liabilities	4.95	5.22	5.55	9.46	8.57	-
Other Long-Term Liabilities	1.04	26.51	21.12	-	-	-
Total Liabilities	189.93	272.8	368.07	415.41	365.78	350.14
Common Stock	394.75	392.17	398.75	400.1	400.1	400.1
Additional Paid-In Capital	737.7	682.61	784.17	799.05	813.1	797.96
Retained Earnings	438.93	493.12	540.75	610.29	603.61	509.12
Treasury Stock	-	-	-100.01	-124.42	-128.71	-28.7
Comprehensive Income & Other	-1.14	-0.99	-2.62	-1.52	-1.01	-0.88
Total Common Equity	1,570	1,567	1,621	1,683	1,687	1,678
Minority Interest	9.75	13.13	50.21	52.12	48.61	35.38
Shareholders' Equity	1,580	1,580	1,671	1,736	1,736	1,713
Total Liabilities & Equity	1,770	1,853	2,039	2,151	2,101	2,063
Total Debt	11.01	1.6	153.76	195.93	91.71	86.12
Net Cash (Debt)	318.92	449.24	615.72	850.43	1,013	1,072
Net Cash Growth	-29.45%	-27.04%	-27.60%	-16.02%	-5.52%	-10.10%
Net Cash Per Share	0.84	1.18	1.60	2.26	2.57	2.68
Filing Date Shares Outstanding	394.75	392.17	392.17	392.17	391.86	391.86
Total Common Shares Outstanding	394.75	392.17	392.17	392.11	391.86	397.72
Working Capital	354.03	417.23	664.04	934.3	1,020	1,237
Book Value Per Share	3.98	4.00	4.13	4.29	4.31	4.22
Tangible Book Value	1,371	1,374	1,453	1,531	1,521	1,553
Tangible Book Value Per Share	3.47	3.50	3.71	3.90	3.88	3.90
Buildings	-	502.48	318.76	-	-	-
Machinery	-	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.