Marssenger Kitchenware 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	128.78	763.96	1,650	1,230	990.73	1,112
Trading Asset Securities	403.73	60.01	110.28	532.1	201.08	-
Cash & Short-Term Investments	532.51	823.97	1,761	1,762	1,192	1,112
Cash Growth	-37.47%	-53.20%	-0.07%	47.83%	7.18%	254.06%
Accounts Receivable	146.33	178.55	181.13	182.78	75.28	71.76
Other Receivables	8.08	15.82	12.2	19.43	8.48	4.09
Receivables	154.41	194.37	193.33	202.21	83.77	75.85
Inventory	159.5	160.9	232.69	272.59	238.75	210.43
Prepaid Expenses	-	7.27	1.26	4.32	10.78	-
Other Current Assets	67.46	7.45	6.5	7.61	12.17	28.23
Total Current Assets	913.89	1,194	2,194	2,249	1,537	1,426
Property, Plant & Equipment	855.46	931.67	857.2	779.3	722.42	657.58
Long-Term Investments	191.38	149.83	118.81	29.91	29.92	-
Other Intangible Assets	112.46	102.69	104.8	102.03	58.25	54.13
Long-Term Accounts Receivable	-	39.06	0.33	0.09	2.17	-
Long-Term Deferred Tax Assets	55.4	54.17	42.85	33.16	27.98	18.53
Long-Term Deferred Charges	6.53	4.57	9	4.47	3.03	0.84
Other Long-Term Assets	47.25	6.73	7.27	2.79	17.79	8.24
Total Assets	2,182	2,483	3,335	3,200	2,399	2,166
Accounts Payable	146.98	215.33	352.24	421.56	460.16	337.41
Accrued Expenses	38.43	125.88	154.86	173.35	199.24	187.83
Short-Term Debt	20	1	238.19	187.67	-	60.11
Current Portion of Long-Term Debt	-	-	160.15	-	-	-
Current Portion of Leases	1.88	1.61	3.62	8	5.63	-
Current Income Taxes Payable	8.7	-	12.75	15.28	29.69	32.42
Current Unearned Revenue	54.52	73.91	114.97	113.73	132.77	67.4
Other Current Liabilities	114.05	71.08	100.93	42.93	45.28	100.86
Total Current Liabilities	384.55	488.8	1,138	962.51	872.77	786.02
Long-Term Debt	517.49	495.15	462.67	531.6	-	-
Long-Term Leases	0.59	0.16	2.36	6.95	7.26	-
Long-Term Unearned Revenue	59.97	57.96	62.17	36.83	21.62	21.08
Long-Term Deferred Tax Liabilities	1.23	1.28	2.34	1.45	-	-
Other Long-Term Liabilities	19.11	21.69	19.22	15.67	20.33	13.55
Total Liabilities	982.93	1,065	1,686	1,555	921.98	820.65
Common Stock	406.28	407.72	408.54	405	405	405
Additional Paid-In Capital	462.35	477.72	486.38	444.03	448.13	448.13
Retained Earnings	245.91	464.17	698.23	696.25	624.74	492.01
Treasury Stock	-15	-31.9	-43.6	-	-	-
Comprehensive Income & Other	99.93	99.94	99.94	99.95	-	-
Total Common Equity	1,199	1,418	1,649	1,645	1,478	1,345
Minority Interest	-0.02	-0.01	-1.37	0.1	-1	-
Shareholders' Equity	1,199	1,418	1,648	1,645	1,477	1,345
Total Liabilities & Equity	2,182	2,483	3,335	3,200	2,399	2,166
Total Debt	539.95	497.92	866.97	734.22	12.89	60.11
Net Cash (Debt)	-7.44	326.05	893.57	1,028	1,179	1,052
Net Cash Growth	-	-63.51%	-13.05%	-12.83%	12.08%	270.08%
Net Cash Per Share	-0.02	0.88	2.13	2.52	2.92	2.90
Filing Date Shares Outstanding	406.28	407.72	409.24	405	405	405
Total Common Shares Outstanding	406.28	407.72	408.77	405	405	405
Working Capital	529.34	705.17	1,057	1,286	664.51	640.45
Book Value Per Share	2.95	3.48	4.04	4.06	3.65	3.32
Tangible Book Value	1,087	1,315	1,545	1,543	1,420	1,291
Tangible Book Value Per Share	2.68	3.23	3.78	3.81	3.51	3.19
Buildings	-	910.38	552.95	550.93	510.31	453.04
Machinery	-	581.55	562.64	511.63	451.14	356.12
Construction In Progress	-	13.89	207.21	66.26	13.4	28.87

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.