Marssenger Kitchenware Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	378.78	419.89	763.96	1,650	1,230	990.73
Trading Asset Securities	5	60.96	60.01	110.28	532.1	201.08
Cash & Short-Term Investments	383.78	480.84	823.97	1,761	1,762	1,192
Cash Growth	-27.93%	-41.64%	-53.20%	-0.07%	47.83%	7.18%
Accounts Receivable	57.91	63.21	178.55	181.13	182.78	75.28
Other Receivables	9.13	20.4	15.82	12.2	19.43	8.48
Receivables	67.04	83.61	194.37	193.33	202.21	83.77
Inventory	128.63	128.69	160.9	232.69	272.59	238.75
Prepaid Expenses	-	-	0.5	1.26	4.32	10.78
Other Current Assets	25.19	60.11	14.23	6.5	7.61	12.17
Total Current Assets	604.64	753.25	1,194	2,194	2,249	1,537
Property, Plant & Equipment	781.17	836.36	931.67	857.2	779.3	722.42
Long-Term Investments	383.34	225.51	149.69	118.81	29.91	29.92
Other Intangible Assets	107.43	110.92	102.69	104.8	102.03	58.25
Long-Term Accounts Receivable	-	0.32	0.14	0.33	0.09	2.17
Long-Term Deferred Tax Assets	141.52	107.49	54.17	42.85	33.16	27.98
Long-Term Deferred Charges	11.11	12.24	4.57	9	4.47	3.03
Other Long-Term Assets	50.1	41.44	45.78	7.27	2.79	17.79
Total Assets	2,079	2,088	2,483	3,335	3,200	2,399

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Accounts Payable	100.27	138.37	215.33	352.24	421.56	460.16
Accrued Expenses	31.03	113.44	125.88	154.86	173.35	199.24
Short-Term Debt	300.18	19.96	1	238.19	187.67	-
Current Portion of Long-Term Debt	0.56	-	-	160.15	-	-
Current Portion of Leases	-	0.93	1.61	3.62	8	5.63
Current Income Taxes Payable	8.56	0	-	12.75	15.28	29.69
Current Unearned Revenue	32.49	48.16	73.91	114.97	113.73	132.77
Other Current Liabilities	80.98	52.79	71.08	100.93	42.93	45.28
Total Current Liabilities	554.08	373.64	488.8	1,138	962.51	872.77
Long-Term Debt	548.54	527.1	495.15	462.67	531.6	-
Long-Term Leases	-	0.31	0.16	2.36	6.95	7.26
Long-Term Unearned Revenue	62	59.81	57.96	62.17	36.83	21.62
Long-Term Deferred Tax Liabilities	7.15	12.46	1.28	2.34	1.45	-
Other Long-Term Liabilities	8.25	8.39	21.69	19.22	15.67	20.33
Total Liabilities	1,180	981.72	1,065	1,686	1,555	921.98

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Common Stock	405	406.28	407.72	408.54	405	405
Additional Paid-In Capital	448.66	462.35	477.72	486.38	444.03	448.13
Retained Earnings	-37.75	168.82	464.17	698.23	696.25	624.74
Treasury Stock	-	-15	-31.9	-43.6	-	-
Comprehensive Income & Other	83.39	83.4	99.94	99.94	99.95	-
Total Common Equity	899.31	1,106	1,418	1,649	1,645	1,478
Minority Interest	-0.02	-0.02	-0.01	-1.37	0.1	-1
Shareholders' Equity	899.29	1,106	1,418	1,648	1,645	1,477
Total Liabilities & Equity	2,079	2,088	2,483	3,335	3,200	2,399

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Total Debt	849.28	548.3	497.92	866.97	734.22	12.89
Net Cash (Debt)	-465.51	-67.46	326.05	893.57	1,028	1,179
Net Cash Growth	-	-	-63.51%	-13.05%	-12.83%	12.08%
Net Cash Per Share	-1.15	-0.17	0.88	2.13	2.52	2.92
Filing Date Shares Outstanding	400.09	406.28	407.72	409.24	405	405
Total Common Shares Outstanding	400.09	406.28	407.72	408.77	405	405
Working Capital	50.56	379.61	705.17	1,057	1,286	664.51
Book Value Per Share	2.25	2.72	3.48	4.04	4.06	3.65
Tangible Book Value	791.88	994.92	1,315	1,545	1,543	1,420
Tangible Book Value Per Share	1.98	2.45	3.23	3.78	3.81	3.51
Buildings	-	917.69	910.38	552.95	550.93	510.31
Machinery	-	581.81	581.55	562.64	511.63	451.14
Construction In Progress	-	2.55	13.89	207.21	66.26	13.4