BaTeLab Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	546.88	636.02	550.84	162.51	146.78
Cash & Short-Term Investments	546.88	636.02	550.84	162.51	146.78
Cash Growth	-14.02%	15.46%	238.96%	10.72%	117.47%
Accounts Receivable	53.91	50.54	63.39	64.87	27.83
Other Receivables	0.64	0.96	5.78	2.23	3.92
Receivables	54.55	51.5	69.17	67.1	31.75
Inventory	467	315.4	218.13	76.32	56.47
Other Current Assets	518.77	448.05	328.18	224	75.92
Total Current Assets	1,587	1,451	1,166	529.92	310.92
Property, Plant & Equipment	62.88	66.15	69.2	62.7	12.13
Long-Term Investments	26.03	30	-	-	-
Other Intangible Assets	0.53	0.62	0.37	0.25	0.28
Other Long-Term Assets	164.16	61.07	35.03	2.66	32.72
Total Assets	1,841	1,609	1,271	595.53	356.05
Accounts Payable	200.01	216.56	218.23	68.84	2.09
Short-Term Debt	236.77	320.17	171.6	95.51	30.51
Current Portion of Leases	1.5	3.99	6.58	3.63	2.23
Current Unearned Revenue	87.84	40.14	7.54	10.63	6.49
Other Current Liabilities	27.84	20.97	22.73	16.58	10.01
Total Current Liabilities	553.96	601.83	426.68	195.19	51.32
Long-Term Leases	3.11	1.06	4.46	2.94	4.16
Long-Term Deferred Tax Liabilities	0.92	0.92	1.56	1.56	-
Total Liabilities	557.99	603.81	432.7	199.69	55.48
Common Stock	63	60	60	45	45
Additional Paid-In Capital	530.65	530.65	530.65	222.41	222.41
Retained Earnings	-	374.19	212.42	114.17	28.44
Comprehensive Income & Other	689.17	40.17	35.16	14.26	4.73
Shareholders' Equity	1,283	1,005	838.23	395.84	300.57
Total Liabilities & Equity	1,841	1,609	1,271	595.53	356.05
Total Debt	241.38	325.22	182.64	102.08	36.89
Net Cash (Debt)	305.51	310.8	368.2	60.43	109.88
Net Cash Growth	-1.70%	-15.59%	509.35%	-45.01%	132.81%
Net Cash Per Share	4.91	5.18	8.15	1.34	-
Filing Date Shares Outstanding	63	60	60	45	-
Total Common Shares Outstanding	63	60	60	45	-
Working Capital	1,033	849.15	739.64	334.73	259.59
Book Value Per Share	20.36	16.75	13.97	8.80	-
Tangible Book Value	1,282	1,004	837.86	395.58	300.29
Tangible Book Value Per Share	20.35	16.74	13.96	8.79	-
Machinery	34.98	34.4	16.03	12.34	4.98
Construction In Progress	27.09	27.09	42.1	50.28	4.76
Leasehold Improvements	15.07	12.91	11.43	0.17	-

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