Carote 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	281.77	377.33	236.06	42.48	97.74
Short-Term Investments	753.97	766.01	88.95	77.39	-
Trading Asset Securities	-	36.24	-	50.06	40
Cash & Short-Term Investments	1,036	1,180	325.02	169.93	137.74
Cash Growth	-12.20%	262.93%	91.26%	23.38%	-
Accounts Receivable	205.91	85.77	73.85	55.31	63.63
Other Receivables	-	12.02	12.52	9.36	12.6
Receivables	205.91	97.8	86.37	64.66	76.23
Inventory	281.94	154.85	108.28	42.17	30.49
Restricted Cash	6.98	5.32	-	1.14	9.53
Other Current Assets	93.63	16.53	11.52	17.18	2.08
Total Current Assets	1,624	1,454	531.19	295.09	256.07
Property, Plant & Equipment	74.13	74.87	17.86	173.75	78.32
Long-Term Investments	187.98	183.73	80.15	81.15	104.52
Long-Term Deferred Tax Assets	10.69	9.08	6.87	3.1	1.14
Other Long-Term Assets	1.14	-	-	-	-
Total Assets	1,898	1,722	636.06	553.09	440.04
Accounts Payable	416.91	397.02	358.63	278.42	284.15
Accrued Expenses	-	26.81	10.74	9.76	9.36
Short-Term Debt	-	-	5	19.21	39.21
Current Portion of Long-Term Debt	-	-	-	-	1.62
Current Portion of Leases	1.05	4.13	2.74	1.39	1.23
Current Income Taxes Payable	45.8	37.63	33.52	18.35	4.69
Current Unearned Revenue	1.4	-	-	-	-
Other Current Liabilities	25.73	0.48	0.47	50.6	18.66
Total Current Liabilities	490.89	466.07	411.11	377.71	358.92
Long-Term Debt	-	-	-	37.32	8.47
Long-Term Leases	-	-	2.03	0.8	2.19
Long-Term Deferred Tax Liabilities	-	-	0.3	-	0.03
Total Liabilities	490.89	466.07	413.44	415.84	369.61
Common Stock	1.99	1.99	1.46	-	-
Additional Paid-In Capital	719.1	790.71	137.21	-	-
Retained Earnings	941.92	699.11	343.12	105.99	47.22
Treasury Stock	-18.64	-	-	-	-
Comprehensive Income & Other	-237.04	-236.05	-259.12	31.64	23.31
Total Common Equity	1,407	1,256	222.66	137.62	70.52
Minority Interest	-0.06	-0.08	-0.04	-0.37	-0.09
Shareholders' Equity	1,407	1,256	222.62	137.25	70.43
Total Liabilities & Equity	1,898	1,722	636.06	553.09	440.04
Total Debt	1.05	4.13	9.77	58.72	52.71
Net Cash (Debt)	1,035	1,175	315.25	111.22	85.03
Net Cash Growth	-11.98%	272.87%	183.45%	30.80%	-
Net Cash Per Share	1.89	2.67	0.78	0.28	0.21
Filing Date Shares Outstanding	543.94	555	535.52	404.06	404.06
Total Common Shares Outstanding	543.94	555	405.66	404.06	404.06
Working Capital	1,133	988.01	120.08	-82.62	-102.85
Book Value Per Share	2.59	2.26	0.55	0.34	0.17
Tangible Book Value	1,407	1,256	222.66	137.62	70.52
Tangible Book Value Per Share	2.59	2.26	0.55	0.34	0.17
Buildings	-	6.13	6.13	6.13	6.13
Machinery	-	11.42	11.64	7.74	12.59
Construction In Progress	-	63.18	-	105.4	4.95

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