Bayzed Health Group 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	615.97	294.24	241.99	125.19	166.05
Short-Term Investments	5.01	6.86	4.34	5.12	6.25
Cash & Short-Term Investments	620.98	301.1	246.33	130.3	172.3
Cash Growth	106.23%	22.24%	89.04%	-24.37%	-
Accounts Receivable	238.63	262.09	196.34	198.91	107.73
Other Receivables	4.56	5.73	9.88	14.7	31.04
Receivables	458.81	354.62	391.64	394.23	322.87
Inventory	72.56	78.68	72.13	68.06	38.69
Restricted Cash	8.62	18.27	20.62	20.57	20.51
Other Current Assets	-	5.32	2.46	0.64	5.5
Total Current Assets	1,161	757.99	733.18	613.8	559.87
Property, Plant & Equipment	513.06	548.91	579.94	599.26	413.85
Goodwill	643.05	643.05	643.05	643.05	507.47
Other Intangible Assets	227.74	236.4	243.42	247.44	228.54
Long-Term Deferred Tax Assets	6.45	6.77	5.66	4.69	2.64
Other Long-Term Assets	4.86	9.98	6.16	2.71	52.31
Total Assets	2,556	2,203	2,211	2,111	1,765
Accounts Payable	224.26	313.88	251.23	264.25	154.1
Accrued Expenses	57.88	67.68	67.43	55.96	25.47
Short-Term Debt	0.09	-	1.5	48.01	26.93
Current Portion of Long-Term Debt	327.19	292.09	257.31	202.01	61.4
Current Portion of Leases	18.93	22.91	22	21.37	27.06
Current Income Taxes Payable	6.6	6.98	15.75	16.76	8.75
Current Unearned Revenue	12.57	30.74	75.58	83.38	9.28
Other Current Liabilities	41.38	47.49	44.6	50.74	42.38
Total Current Liabilities	688.89	781.77	735.39	742.46	355.37
Long-Term Debt	74	65.1	94.04	74.37	111.22
Long-Term Leases	124.28	137.16	156.91	159.87	149.21
Long-Term Deferred Tax Liabilities	48.44	48.99	49.54	47.77	44.46
Total Liabilities	935.62	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	6.67	-
Retained Earnings	-	-306.2	-292.75	-266.36	-208.34
Comprehensive Income & Other	1,520	1,240	1,242	1,248	1,231
Total Common Equity	1,520	1,069	1,084	987.9	1,022
Minority Interest	100.15	100.83	91.39	98.59	82.07
Shareholders' Equity	1,621	1,170	1,176	1,086	1,104
Total Liabilities & Equity	2,556	2,203	2,211	2,111	1,765
Total Debt	544.48	517.26	531.77	505.62	375.82
Net Cash (Debt)	76.49	-216.15	-285.44	-375.32	-203.52
Net Cash Per Share	0.06	-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	472.07	-23.78	-2.21	-128.66	204.5
Book Value Per Share	1.15	0.90	0.91	-	-
Tangible Book Value	649.58	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.