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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	272.57	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	325.99	450.84	769.47	1,046	1,104	1,158
Cash Growth	-41.30%	-41.41%	-26.46%	-5.25%	-4.63%	-2.88%
Accounts Receivable	170.29	169.89	129.58	130.05	170.45	221
Other Receivables	11.15	11.07	14.63	12.42	15.9	14.66
Receivables	181.44	180.96	144.2	142.47	186.35	235.66
Inventory	20.49	16.09	6.73	5.52	8.58	6.55
Prepaid Expenses	-	-	-	-	1.75	12.74
Other Current Assets	10.83	7.85	15.04	34.12	51.24	86.46
Total Current Assets	538.74	655.74	935.45	1,228	1,352	1,499
Property, Plant & Equipment	560.51	551.96	512.6	421.81	309.73	190.3
Long-Term Investments	381.66	380.09	333.56	268.63	223.28	207.41
Other Intangible Assets	196.85	193.31	167.57	152.56	166.53	124.57
Long-Term Deferred Tax Assets	61.78	54.98	45.46	26.27	27.96	21.42
Long-Term Deferred Charges	0.57	0.76	2.82	23.99	8.21	15.6
Other Long-Term Assets	16.47	16	41.87	29.29	13.46	4.5
Total Assets	1,757	1,853	2,039	2,151	2,101	2,063
Accounts Payable	50.71	57.77	52.6	86.1	104.32	73.27
Accrued Expenses	18.9	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	1.06	1.38	1.92	-	5.6	-
Current Income Taxes Payable	2.82	1.42	1.5	0.02	2.08	0.02
Current Unearned Revenue	78.57	91.99	86.87	83.39	100.81	80.87
Other Current Liabilities	2.48	56.08	5.95	5.81	5.56	79.83
Total Current Liabilities	154.54	238.51	271.41	294.17	332.37	262.01
Long-Term Debt	-	-	66.22	111.78	22.03	86.12
Long-Term Leases	0.29	0.22	1.43	-	-	-
Long-Term Unearned Revenue	6.82	2.34	2.34	-	2.81	2.01
Long-Term Deferred Tax Liabilities	5.14	5.22	5.55	9.46	8.57	-
Other Long-Term Liabilities	25.45	26.51	21.12	-	-	-
Total Liabilities	192.25	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	685.1	682.61	784.17	799.05	813.1	797.96
Retained Earnings	476.59	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	1,553	1,567	1,621	1,683	1,687	1,678
Minority Interest	11.45	13.13	50.21	52.12	48.61	35.38
Shareholders' Equity	1,564	1,580	1,671	1,736	1,736	1,713
Total Liabilities & Equity	1,757	1,853	2,039	2,151	2,101	2,063
Total Debt	1.36	1.6	153.76	195.93	91.71	86.12
Net Cash (Debt)	324.63	449.24	615.72	850.43	1,013	1,072
Net Cash Growth	-41.23%	-27.04%	-27.60%	-16.02%	-5.52%	-10.10%
Net Cash Per Share	0.85	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	384.2	417.23	664.04	934.3	1,020	1,237
Book Value Per Share	3.96	4.00	4.13	4.29	4.31	4.22
Tangible Book Value	1,356	1,374	1,453	1,531	1,521	1,553
Tangible Book Value Per Share	3.46	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.