Bayzed Health Group Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	835.21	294.24	241.99	125.19	166.05
Short-Term Investments	-	6.86	4.34	5.12	6.25
Cash & Short-Term Investments	835.21	301.1	246.33	130.3	172.3
Cash Growth	157.37%	22.24%	89.04%	-24.37%	-
Accounts Receivable	234.25	262.09	196.34	198.91	107.73
Other Receivables	-	5.73	9.88	14.7	31.04
Receivables	234.25	354.62	391.64	394.23	322.87
Inventory	57.95	78.68	72.13	68.06	38.69
Restricted Cash	12.67	18.27	20.62	20.57	20.51
Other Current Assets	-	5.32	2.46	0.64	5.5
Total Current Assets	1,248	757.99	733.18	613.8	559.87
Property, Plant & Equipment	517.6	548.91	579.94	599.26	413.85
Goodwill	643.05	643.05	643.05	643.05	507.47
Other Intangible Assets	231	236.4	243.42	247.44	228.54
Long-Term Deferred Tax Assets	7.06	6.77	5.66	4.69	2.64
Other Long-Term Assets	15.52	9.98	6.16	2.71	52.31
Total Assets	2,663	2,203	2,211	2,111	1,765
Accounts Payable	256.37	313.88	251.23	264.25	154.1
Accrued Expenses	62.18	67.68	67.43	55.96	25.47
Short-Term Debt	-	-	1.5	48.01	26.93
Current Portion of Long-Term Debt	316.6	292.09	257.31	202.01	61.4
Current Portion of Leases	23.43	22.91	22	21.37	27.06
Current Income Taxes Payable	8.41	6.98	15.75	16.76	8.75
Current Unearned Revenue	24.07	30.74	75.58	83.38	9.28
Other Current Liabilities	57.92	47.49	44.6	50.74	42.38
Total Current Liabilities	748.98	781.77	735.39	742.46	355.37
Long-Term Debt	108	65.1	94.04	74.37	111.22
Long-Term Leases	127.82	137.16	156.91	159.87	149.21
Long-Term Deferred Tax Liabilities	48.03	48.99	49.54	47.77	44.46
Total Liabilities	1,033	1,033	1,036	1,024	660.26
Common Stock	0.09	0.08	0.08	0.04	0.04
Additional Paid-In Capital	135.18	135.18	135.18	6.67	-
Retained Earnings	-333.82	-306.2	-292.75	-266.36	-208.34
Comprehensive Income & Other	1,720	1,240	1,242	1,248	1,231
Total Common Equity	1,522	1,069	1,084	987.9	1,022
Minority Interest	108.18	100.83	91.39	98.59	82.07
Shareholders' Equity	1,630	1,170	1,176	1,086	1,104
Total Liabilities & Equity	2,663	2,203	2,211	2,111	1,765
Total Debt	575.84	517.26	531.77	505.62	375.82
Net Cash (Debt)	259.37	-216.15	-285.44	-375.32	-203.52
Net Cash Per Share	0.20	-0.18	-0.24	-	-
Filing Date Shares Outstanding	1,318	1,185	1,185	-	-
Total Common Shares Outstanding	1,318	1,185	1,185	-	-
Working Capital	499.37	-23.78	-2.21	-128.66	204.5
Book Value Per Share	1.15	0.90	0.91	-	-
Tangible Book Value	647.51	189.8	197.66	97.41	286.35
Tangible Book Value Per Share	0.49	0.16	0.17	-	-
Buildings	-	79.37	79.37	79.37	-
Machinery	-	249.34	220.78	192.3	117.7
Construction In Progress	-	5.58	8.33	3.49	12.46
Leasehold Improvements	-	242.46	229.32	221.55	174.02

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