Carote 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
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	377.33	236.06	42.48	97.74
Short-Term Investments	766.01	88.95	77.39	-
Trading Asset Securities	36.24	-	50.06	40
Cash & Short-Term Investments	1,180	325.02	169.93	137.74
Cash Growth	262.93%	91.26%	23.38%	-
Accounts Receivable	85.77	73.85	55.31	63.63
Other Receivables	12.02	12.52	9.36	12.6
Receivables	97.8	86.37	64.66	76.23
Inventory	154.85	108.28	42.17	30.49
Restricted Cash	5.32	-	1.14	9.53
Other Current Assets	16.53	11.52	17.18	2.08
Total Current Assets	1,454	531.19	295.09	256.07
Property, Plant & Equipment	74.87	17.86	173.75	78.32
Long-Term Investments	183.73	80.15	81.15	104.52
Long-Term Deferred Tax Assets	9.08	6.87	3.1	1.14
Total Assets	1,722	636.06	553.09	440.04
Accounts Payable	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	4.13	2.74	1.39	1.23
Current Income Taxes Payable	37.63	33.52	18.35	4.69
Other Current Liabilities	0.48	0.47	50.6	18.66
Total Current Liabilities	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	466.07	413.44	415.84	369.61
Common Stock	1.99	1.46	-	-
Additional Paid-In Capital	790.71	137.21	-	-
Retained Earnings	699.11	343.12	105.99	47.22
Comprehensive Income & Other	-236.05	-259.12	31.64	23.31
Total Common Equity	1,256	222.66	137.62	70.52
Minority Interest	-0.08	-0.04	-0.37	-0.09
Shareholders' Equity	1,256	222.62	137.25	70.43
Total Liabilities & Equity	1,722	636.06	553.09	440.04
Total Debt	4.13	9.77	58.72	52.71
Net Cash (Debt)	1,175	315.25	111.22	85.03
Net Cash Growth	272.87%	183.45%	30.80%	-
Net Cash Per Share	2.67	0.78	0.28	0.21
Filing Date Shares Outstanding	555	535.52	404.06	404.06
Total Common Shares Outstanding	555	405.66	404.06	404.06
Working Capital	988.01	120.08	-82.62	-102.85
Book Value Per Share	2.26	0.55	0.34	0.17
Tangible Book Value	1,256	222.66	137.62	70.52
Tangible Book Value Per Share	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.