Zhongchao Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	8.91	7.84	7.55	11.52	13.91	15.07
Short-Term Investments	6.12	5.24	5.9	0.52	0.3	2.03
Cash & Short-Term Investments	15.03	13.08	13.45	12.04	14.21	17.11
Cash Growth	23.01%	-2.70%	11.69%	-15.29%	-16.92%	118.40%
Accounts Receivable	3.47	4.68	2.55	6.77	9.22	10.32
Other Receivables	-	0.1	0.18	0.29	0.08	0.03
Receivables	3.47	4.78	3.02	8.91	11.96	10.35
Inventory	-	0.59	0.59	0.19	-	-
Prepaid Expenses	-	-	-	-	0.05	1.13
Other Current Assets	0.61	0.26	1.66	1.57	1.04	1.01
Total Current Assets	19.12	18.71	18.71	22.7	27.25	29.6
Property, Plant & Equipment	5.92	5.96	4.02	5.56	4.13	2.06
Long-Term Investments	1.22	1.09	1.31	1.26	2.14	1.26
Goodwill	-	-	-	5.77	-	-
Other Intangible Assets	0.01	0.01	0.02	0.91	0.03	0.03
Long-Term Deferred Tax Assets	0.04	0.12	0.36	1.86	2.18	0.8
Other Long-Term Assets	-	-	-	0.54	0.53	1.07
Total Assets	26.31	25.88	24.42	38.61	36.27	34.82
Accounts Payable	0.95	0.54	0.68	0.14	0.04	0.41
Accrued Expenses	0.62	0.53	0.77	0.68	0.92	0.94
Current Portion of Leases	0.03	0.03	0.24	0.48	0.09	0.06
Current Income Taxes Payable	-	-	0.01	2.29	2.48	1.52
Current Unearned Revenue	0.75	0.2	0.84	0.4	0.01	0.01
Other Current Liabilities	-	0.23	0.15	0.18	0.06	0.04
Total Current Liabilities	2.34	1.53	2.68	4.17	3.59	2.98
Long-Term Leases	-	0.02	0.57	1.22	0.11	-
Long-Term Deferred Tax Liabilities	0.21	0.18	0.13	0.21	-	-
Total Liabilities	2.56	1.73	3.38	5.6	3.7	2.98
Common Stock	0.03	0.03	0	0	0	0
Additional Paid-In Capital	29.08	29.06	25.13	25	22.99	22.78
Retained Earnings	-7.51	-6.54	-5.9	5.44	8.38	8.14
Comprehensive Income & Other	-1.33	-1.71	-1.23	-0.51	1.2	0.92
Total Common Equity	20.27	20.84	18.01	29.93	32.57	31.83
Minority Interest	3.48	3.31	3.03	3.09	-	-
Shareholders' Equity	23.75	24.15	21.04	33.02	32.57	31.83
Total Liabilities & Equity	26.31	25.88	24.42	38.61	36.27	34.82
Total Debt	0.03	0.06	0.81	1.7	0.2	0.06
Net Cash (Debt)	15.01	13.03	12.64	10.34	14.01	17.04
Net Cash Growth	30.64%	3.07%	22.27%	-26.22%	-17.80%	124.82%
Net Cash Per Share	0.91	2.50	4.85	3.98	5.62	6.98
Filing Date Shares Outstanding	25.39	25.25	2.52	2.6	2.5	2.49
Total Common Shares Outstanding	25.39	25.25	2.6	2.6	2.5	2.49
Working Capital	16.77	17.18	16.03	18.54	23.67	26.61
Book Value Per Share	0.80	0.83	6.91	11.50	13.05	12.77
Tangible Book Value	20.26	20.83	17.99	23.25	32.54	31.8
Tangible Book Value Per Share	0.80	0.82	6.91	8.93	13.04	12.75
Land	-	6.21	3.35	4.11	4.06	-
Buildings	-	-	-	-	-	1.83
Machinery	-	0.01	0.02	0.11	0.5	0.48
Leasehold Improvements	-	0.05	0.05	0.05	-	-

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

SEC Filings: 10-K · 10-Q