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Financial Statements — BZUN
Balance Sheet
(in billions CNY)| Metric | Q4 2025 | Q4 2024 | Q4 2023 | Q4 2022 | Q4 2021 |
|---|---|---|---|---|---|
| Cash & Equivalents | 0.91 | 1.29 | 0.30 | 2.14 | 0.72 |
| Short-term Investments | 1.75 | 1.27 | 0.72 | 0.13 | -- |
| Accounts Receivable | 2.17 | 2.03 | 2.18 | 2.29 | 2.26 |
| Inventory | 0.88 | 1.12 | 1.05 | 0.94 | 1.07 |
| Total Current Assets | 6.80 | 7.21 | 7.29 | 7.40 | 1.44 |
| Property, Plant & Equipment | 0.11 | 0.82 | 0.85 | 0.10 | 0.65 |
| Goodwill | 0.04 | 0.36 | 0.31 | 0.34 | 0.40 |
| Intangible Assets | 0.32 | 0.36 | 0.04 | 0.31 | 0.40 |
| Total Non-current Assets | 2.89 | 2.99 | 3.18 | 2.73 | 0.49 |
| Total Assets | 1.39 | 10.21 | 10.47 | 1.47 | 1.93 |
| Accounts Payable | 0.47 | 0.62 | 0.56 | 0.47 | 0.49 |
| Short-term Debt | 1.21 | 1.22 | 1.12 | 0.15 | 0.36 |
| Total Current Liabilities | 3.65 | 3.75 | 0.53 | 0.53 | 4.78 |
| Long-term Debt | -- | -- | -- | -- | 0.00 |
| Total Non-current Liabilities | 0.55 | 0.09 | 0.12 | 0.11 | 1.06 |
| Total Liabilities | 4.20 | 4.43 | 4.62 | 4.45 | 0.92 |
| Retained Earnings | (0.13) | (0.69) | (0.51) | (0.23) | 0.43 |
| Total Stockholder Equity | 3.64 | 3.91 | 4.10 | 0.59 | 0.77 |
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