BaTeLab Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	636.02	550.84	162.51	146.78	13.44
Trading Asset Securities	-	-	-	-	54.06
Cash & Short-Term Investments	636.02	550.84	162.51	146.78	67.49
Cash Growth	15.46%	238.96%	10.72%	117.47%	-
Accounts Receivable	50.54	63.39	64.87	27.83	18.04
Other Receivables	0.96	5.78	2.23	3.92	2.93
Receivables	51.5	69.17	67.1	31.75	20.97
Inventory	315.4	218.13	76.32	56.47	44.43
Other Current Assets	448.05	328.18	224	75.92	32.23
Total Current Assets	1,451	1,166	529.92	310.92	165.12
Property, Plant & Equipment	66.15	69.2	62.7	12.13	1.64
Long-Term Investments	30	-	-	-	-
Other Intangible Assets	0.62	0.37	0.25	0.28	-
Other Long-Term Assets	61.07	35.03	2.66	32.72	4.89
Total Assets	1,609	1,271	595.53	356.05	171.65
Accounts Payable	216.56	218.23	68.84	2.09	0.85
Short-Term Debt	320.17	171.6	95.51	30.51	20.03
Current Portion of Leases	3.99	6.58	3.63	2.23	0.27
Current Unearned Revenue	40.14	7.54	10.63	6.49	0.33
Other Current Liabilities	20.97	22.73	16.58	10.01	10.32
Total Current Liabilities	601.83	426.68	195.19	51.32	31.8
Long-Term Leases	1.06	4.46	2.94	4.16	-
Long-Term Deferred Tax Liabilities	0.92	1.56	1.56	-	-
Other Long-Term Liabilities	-	-	-	-	106.05
Total Liabilities	603.81	432.7	199.69	55.48	137.85
Common Stock	60	60	45	45	-
Additional Paid-In Capital	530.65	530.65	222.41	222.41	8.47
Retained Earnings	374.19	212.42	114.17	28.44	-
Comprehensive Income & Other	40.17	35.16	14.26	4.73	25.34
Shareholders' Equity	1,005	838.23	395.84	300.57	33.81
Total Liabilities & Equity	1,609	1,271	595.53	356.05	171.65
Total Debt	325.22	182.64	102.08	36.89	20.3
Net Cash (Debt)	310.8	368.2	60.43	109.88	47.2
Net Cash Growth	-15.59%	509.35%	-45.01%	132.81%	-
Net Cash Per Share	5.18	8.15	1.34	-	-
Filing Date Shares Outstanding	60	60	45	-	-
Total Common Shares Outstanding	60	60	45	-	-
Working Capital	849.15	739.64	334.73	259.59	133.33
Book Value Per Share	16.75	13.97	8.80	-	-
Tangible Book Value	1,004	837.86	395.58	300.29	33.81
Tangible Book Value Per Share	16.74	13.96	8.79	-	-
Machinery	34.4	16.03	12.34	4.98	3.81
Construction In Progress	27.09	42.1	50.28	4.76	-
Leasehold Improvements	12.91	11.43	0.17	-	-

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