Fresh2 Group Limited (FREHY)

Fresh2 Group Balance Sheet

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

Fiscal Year	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Cash & Equivalents	1.87	9.25	3.02	6.13	12.89
Short-Term Investments	1.75	1.5	1.75	-	-
Cash & Short-Term Investments	3.62	10.75	4.77	6.13	12.89
Cash Growth	-66.30%	125.37%	-22.14%	-52.47%	12.93%
Accounts Receivable	4.41	5.55	9.07	1.85	3.02
Other Receivables	1.72	2.05	1.55	1.57	1.43
Receivables	6.13	7.61	10.62	3.42	4.45
Inventory	0.21	0.49	0.31	0.31	0.06
Other Current Assets	3.74	4.7	5.59	12.31	3.45
Total Current Assets	13.7	23.55	21.29	22.17	20.85
Property, Plant & Equipment	24.4	20.26	19.27	18.87	18.14
Long-Term Investments	1.08	0.92	0.88	2.33	3.46
Goodwill	-	12.76	2.22	2.22	2.22
Other Intangible Assets	1.3	10	5.76	6.39	6.63
Other Long-Term Assets	-	-	0.46	1	1.46
Total Assets	40.47	67.49	49.89	52.98	52.76
Accounts Payable	2.11	2.73	2.13	1.8	1.62
Accrued Expenses	24.74	18.88	24.32	17.99	10.58
Short-Term Debt	5.12	33.76	11.03	40.76	53.82
Current Portion of Leases	0.78	-	-	-	-
Current Unearned Revenue	4.96	4.17	3.68	2.45	4.31
Other Current Liabilities	4.57	3.36	2.36	3.2	1.1
Total Current Liabilities	42.28	62.91	43.52	66.2	71.44
Long-Term Leases	6.52	-	-	-	-
Long-Term Deferred Tax Liabilities	-	2.16	1.05	1.13	1.22
Other Long-Term Liabilities	1.08	1.11	2.04	1.58	2.5
Total Liabilities	49.87	66.17	46.61	68.91	75.16
Common Stock	5.73	1.28	0.81	0.66	0.57
Additional Paid-In Capital	564.87	465.33	354.3	257.74	152.37
Retained Earnings	-577.54	-475.65	-356.95	-276.48	-174.35
Treasury Stock	-11	-	-	-	-
Comprehensive Income & Other	4.26	4.53	4.8	2.11	-0.98
Total Common Equity	-13.68	-4.5	2.95	-15.97	-22.39
Minority Interest	4.27	5.82	0.33	0.05	-
Shareholders' Equity	-9.4	1.32	3.28	-15.92	-22.39
Total Liabilities & Equity	40.47	67.49	49.89	52.98	52.76
Total Debt	12.42	33.76	11.03	40.76	53.82
Net Cash (Debt)	-8.8	-23.01	-6.27	-34.64	-40.94
Net Cash Per Share	-46.01	-338.26	-111.97	-775.09	-960.49
Filing Date Shares Outstanding	0.74	0.08	0.06	0.06	0.05
Total Common Shares Outstanding	0.35	0.08	0.06	0.05	0.04
Working Capital	-28.58	-39.36	-22.24	-44.03	-50.59
Book Value Per Share	-38.73	-56.31	48.91	-323.73	-520.95
Tangible Book Value	-14.97	-27.25	-5.04	-24.59	-31.24
Tangible Book Value Per Share	-42.40	-341.08	-83.56	-498.37	-726.86
Buildings	16.03	16.03	16.03	16.03	15.77
Machinery	13.82	13.49	11.65	10.88	8.99
Construction In Progress	1.93	2.01	1.62	0.63	0.42
Leasehold Improvements	-	1.45	-	0.05	0.05

Source: S&P Global Market Intelligence. Standard template. Financial Sources.