Meiwu Technology Company Limited (WNW) Balance Sheet
WNW balance sheet, 2025
December 31, 2025 · U.S. dollars$50.7M assets = $1.3M liabilities + $49.4M equity
Both columns are drawn to the same scale: what WNW owns equals what it owes plus shareholders’ equity. Hover a block for its value.
WNW financial health
Descriptive bands, not a rating. Fiscal 2025.
WNW balance sheet trends, 2017–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $55,6492017 | $50.7M2025 | +134.4%/yr | |
| Total liabilities | $5,3262017 | $1.3M2025 | +99.5%/yr | |
| Shareholders’ equity | $27,0332017 | $49.4M2025 | +155.7%/yr | |
| Cash & short-term investments | $9,5382017 | $17.9M2025 | +156.5%/yr | |
| Total debt | $2.0M2018 | $41,2352025 | −42.6%/yr | |
| Net cash (debt) | −$1.9M2018 | $17.8M2025 | +$19.8M | |
| Working capital | $50,3232017 | $19.5M2025 | +$19.4M | |
| Debt / equity | 0.172020 | 0.002025 | −0.17 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
WNW assets
WNW liabilities and equity
WNW debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
WNW balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Cash & short-term investments | $17.9M | $43.4M | $16.1M | $23.7M | $26.6M | $7.0M | $618,051 | $99,359 | $9,538 |
| Cash & equivalents | $17.9M | $43.4M | $16.1M | $23.7M | $26.6M | $7.0M | $546,294 | $99,359 | $9,538 |
| Short-term investments | — | — | — | $65,659 | $33,713 | $0 | $71,757 | $0 | — |
| Receivables | $1.5M | $943,376 | $2.9M | $4.1M | $526,068 | $26.9M | $728,767 | $203,066 | $46,111 |
| Inventory | $1.4M | $869,591 | $95,124 | $344,823 | $432,955 | $1.5M | $859,096 | $47,982 | $0 |
| Other current assets | $14,144 | $15.7M | $1.4M | $1.7M | $397,334 | $863,942 | $0 | $17,208 | $0 |
| Total current assets | $20.8M | $60.9M | $20.4M | $29.9M | $28.0M | $36.4M | $1.6M | $367,615 | $55,649 |
| Property, plant & equipment (net) | $41,235 | $195,526 | $195,526 | $410,989 | $299,351 | $1.1M | $1.3M | $1.5M | $0 |
| Goodwill & intangible assets | $29.9M | $0 | $0 | $15.4M | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $0 | $0 | $0 | $0 | $0 | $43,843 | $351,332 | $41,591 | $0 |
| Total assets | $50.7M | $60.9M | $20.6M | $38.0M | $28.3M | $37.5M | $3.2M | $1.9M | $55,649 |
| Liabilities | |||||||||
| Accounts payable | $866,929 | $17,532 | $2.5M | $5.0M | $1.7M | $5.7M | $1.2M | $384,920 | — |
| Short-term debt | $17,758 | $537,749 | — | $439,776 | $66,122 | $272,148 | $225,140 | $200,170 | — |
| Deferred revenue | $5,689 | $425,833 | — | $747,093 | $1.2M | $5.3M | $1.5M | $127,781 | — |
| Total current liabilities | $1.3M | $676,164 | $7.6M | $8.3M | $3.8M | $13.0M | $3.2M | $873,232 | $5,326 |
| Long-term debt | $0 | $1.3M | $1.4M | $7.1M | $1.9M | $2.0M | $0 | $0 | $0 |
| Lease obligations | — | $0 | $140,047 | $251,630 | $19,068 | $818,027 | $991,160 | $1.2M | — |
| Other long-term liabilities | $23,476 | $3,979 | $2.5M | $2.5M | $5.0M | $5.5M | $1.7M | $1.8M | $0 |
| Total liabilities | $1.3M | $2.0M | $11.6M | $17.9M | $10.7M | $20.6M | $4.9M | $2.7M | $5,326 |
| Shareholders' equity | |||||||||
| Retained earnings (deficit) | −$46.6M | −$28.0M | −$33.1M | −$17.1M | −$6.0M | −$4.9M | −$2.7M | −$954,263 | $25,835 |
| Accumulated other comprehensive income | −$5.2M | −$5.3M | — | −$1.3M | $253,736 | −$148,537 | $57,248 | $30,381 | $1,198 |
| Minority interest | — | −$398,446 | −$398,446 | −$152,126 | −$4,291 | — | — | — | — |
| Total shareholders' equity | $49.4M | $59.4M | $9.4M | $20.2M | $17.6M | $16.9M | −$1.6M | −$817,393 | $27,033 |
| Key figures | |||||||||
| Total debt | $41,235 | $1.3M | $1.4M | $7.7M | $1.9M | $2.8M | $1.9M | $2.0M | — |
| Net cash (debt) | $17.8M | $42.1M | $14.7M | $16.0M | $24.7M | $4.2M | −$1.3M | −$1.9M | — |
| Working capital | $19.5M | $60.3M | $12.8M | $21.5M | $24.2M | $23.4M | −$1.6M | −$505,617 | $50,323 |
| Tangible book value | $19.5M | $59.4M | $9.4M | $4.8M | $17.6M | $16.9M | −$1.6M | −$817,393 | $27,033 |
| Current ratio | 15.81 | 90.13 | 2.67 | 3.58 | 7.35 | 2.80 | 0.51 | 0.42 | 10.45 |
| Quick ratio | 14.76 | 65.58 | 2.48 | 3.33 | 7.13 | 2.62 | 0.42 | 0.35 | 10.45 |
| Debt / equity | 0.00 | 0.02 | 0.15 | 0.38 | 0.11 | 0.17 | — | — | — |
| Equity / assets | 97.4% | 97.4% | 45.7% | 53.2% | 62.3% | 45.1% | −50.8% | −43.7% | 48.6% |
| Mar '26 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | Dec '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $17.9M | $33.3M | $33.3M | $43.4M | $43.4M | $3.2M | $16.1M | $16.1M | $15.8M | $15.8M | $23.7M | $23.7M |
| Cash & equivalents | $17.9M | $33.3M | $33.3M | $43.4M | $43.4M | $3.1M | $16.1M | $16.1M | $15.8M | $15.8M | $23.7M | $23.7M |
| Short-term investments | — | — | — | — | — | $91,419 | $88,650 | — | — | — | $65,659 | — |
| Receivables | $1.5M | $1.6M | $684,139 | $943,376 | $0 | $2.0M | $3.3M | $2.9M | $5.0M | $5.0M | $4.1M | $4.0M |
| Inventory | $1.4M | $46,692 | $46,692 | $0 | $0 | $13.9M | $869,591 | $95,124 | $1.5M | $259,269 | $344,823 | $344,823 |
| Other current assets | $14,144 | $9.7M | $10.7M | $16.6M | $17.5M | $846,058 | $154,791 | $1.4M | $426,942 | $1.7M | $1.7M | $1.8M |
| Total current assets | $20.8M | $44.8M | $44.8M | $60.9M | $60.9M | $20.0M | $20.4M | $20.4M | $22.8M | $22.8M | $29.9M | $29.9M |
| Property, plant & equipment (net) | $41,235 | $194,945 | $194,945 | $0 | $0 | $124,578 | $195,526 | $195,526 | $287,983 | $287,983 | $410,989 | $410,989 |
| Goodwill & intangible assets | $29.9M | $15.2M | $15.2M | $0 | $0 | $0 | $0 | $0 | $22.2M | $14.5M | $15.4M | $7.6M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $9,893 |
| Total assets | $50.7M | $60.1M | $60.1M | $60.9M | $60.9M | $20.1M | $20.6M | $20.6M | $37.5M | $37.5M | $38.0M | $37.9M |
| Liabilities | ||||||||||||
| Accounts payable | $866,929 | $750,332 | $750,332 | $17,532 | $17,532 | $1.8M | $2.5M | $2.5M | $4.6M | $4.6M | $5.0M | $5.0M |
| Short-term debt | $17,758 | $70,552 | — | — | — | $488,313 | $537,749 | — | $387,925 | — | $439,776 | — |
| Deferred revenue | $5,689 | $444,351 | — | $425,833 | — | $1.1M | $1.0M | — | $1.0M | — | $747,093 | — |
| Total current liabilities | $1.3M | $1.6M | $1.6M | $676,164 | $676,164 | $7.5M | $7.6M | $7.6M | $8.8M | $8.8M | $8.3M | $8.3M |
| Long-term debt | $0 | $0 | $0 | $0 | $1.3M | $0 | $1.4M | $1.4M | $0 | $156,031 | $0 | $7.1M |
| Lease obligations | — | — | $195,811 | — | $0 | — | $79,628 | $140,047 | — | $134,524 | — | $251,630 |
| Other long-term liabilities | $23,476 | $125,259 | $125,259 | $1.3M | $3,979 | $3.8M | $2.6M | $2.5M | $3.8M | $3.7M | $9.6M | $2.5M |
| Total liabilities | $1.3M | $1.7M | $1.7M | $2.0M | $2.0M | $11.4M | $11.6M | $11.6M | $12.7M | $12.7M | $17.9M | $17.9M |
| Shareholders' equity | ||||||||||||
| Retained earnings (deficit) | −$46.6M | −$29.4M | −$29.4M | −$28.0M | −$28.0M | −$33.5M | −$33.1M | −$33.1M | −$17.3M | −$17.3M | −$17.1M | −$17.1M |
| Accumulated other comprehensive income | −$5.2M | −$4.9M | — | −$5.3M | — | −$1.9M | −$2.0M | — | −$2.2M | — | −$1.3M | — |
| Minority interest | — | — | $0 | — | −$398,446 | — | — | — | — | — | — | — |
| Total shareholders' equity | $49.4M | $58.4M | $58.4M | $59.4M | $59.4M | $9.1M | $9.4M | $9.4M | $25.0M | $25.0M | $20.2M | $20.1M |
| Key figures | ||||||||||||
| Total debt | $41,235 | $195,811 | — | $1.3M | $1.3M | $1.9M | $2.0M | $1.4M | $581,661 | $156,031 | $7.7M | $7.1M |
| Net cash (debt) | $17.8M | $33.1M | — | $42.1M | $42.1M | $1.3M | $14.1M | $14.7M | $15.2M | $15.6M | $16.0M | $16.6M |
| Working capital | $19.5M | $43.2M | $43.2M | $60.3M | $60.3M | $12.4M | $12.8M | $12.8M | $13.9M | $13.9M | $21.5M | $21.5M |
| Tangible book value | $19.5M | $43.2M | $43.2M | $59.4M | $59.4M | $9.1M | $9.4M | $9.4M | $2.8M | $10.5M | $4.8M | $12.5M |
| Book value per share | — | — | — | — | — | — | — | — | — | — | — | $0.41 |
| Shares outstanding | — | — | — | — | — | — | — | — | — | — | — | 49.5M |
| Current ratio | 15.81 | 27.98 | 27.98 | 90.13 | 90.13 | 2.64 | 2.67 | 2.67 | 2.57 | 2.57 | 3.58 | 3.58 |
| Quick ratio | 14.76 | 21.87 | 21.27 | 65.58 | 64.18 | 0.69 | 2.54 | 2.48 | 2.35 | 2.35 | 3.33 | 3.33 |
| Debt / equity | 0.00 | 0.00 | — | 0.02 | 0.02 | 0.20 | 0.21 | 0.15 | 0.02 | 0.01 | 0.38 | 0.35 |
| Equity / assets | 97.4% | 97.1% | 97.1% | 97.4% | 97.4% | 45.4% | 45.7% | 45.7% | 66.7% | 66.7% | 53.2% | 53.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed April 17, 2026); data from EODHD.
WNW financial position
At the end of fiscal 2025 (December 31, 2025), Meiwu Technology had total assets of $50.7 million (down 16.8% from a year earlier), total liabilities of $1.3 million and shareholders' equity of $49.4 million. It held $17.9 million in cash and short-term investments against $0.0 million of debt, a net cash position of $17.8 million. Its current ratio was 15.81. In the latest quarter (ended March 31, 2026) total assets were $50.7 million and equity $49.4 million.
Related: WNW income statement, WNW cash flow statement, WNW key metrics. See the WNW stock overview for the latest quote and news.
WNW balance sheet FAQ
What are Meiwu Technology's total assets?
Meiwu Technology reported total assets of $50.7 million at the end of fiscal 2025 (December 31, 2025), compared with $60.9 million a year earlier.
How much debt does Meiwu Technology have?
Meiwu Technology had $0.0 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.00.
How much cash does Meiwu Technology have?
Meiwu Technology held $17.9 million in cash and short-term investments at the end of fiscal 2025; with $0.0 million of debt that is net cash of $17.8 million.
What is Meiwu Technology's book value?
Meiwu Technology's shareholders' equity (book value) was $49.4 million at the end of fiscal 2025.
What is Meiwu Technology's current ratio?
Meiwu Technology had current assets of $20.8 million and current liabilities of $1.3 million, a current ratio of 15.81 (it can cover its short-term obligations).
How much goodwill does Meiwu Technology have?
Meiwu Technology carried $29.9 million of goodwill and intangible assets, 58.9% of total assets, at the end of fiscal 2025.