SinoMab BioScience 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	322.71	61.9	203.66	345.71	562.98
Short-Term Investments	5.83	3.89	2.87	46.2	26.55
Trading Asset Securities	48.71	44.98	30.99	30.48	-
Cash & Short-Term Investments	377.25	110.77	237.53	422.39	589.53
Cash Growth	240.57%	-53.36%	-43.77%	-28.35%	-35.66%
Prepaid Expenses	1.83	8.56	3.22	12.23	6.16
Other Current Assets	10.81	66	29.44	12.47	-
Total Current Assets	389.9	185.34	270.18	447.09	595.69
Property, Plant & Equipment	501	550.72	536.77	485.82	356.21
Long-Term Investments	-	-	-	-	26.93
Other Intangible Assets	0.35	0.94	1.84	2.6	1.92
Other Long-Term Assets	16.86	16.11	38.99	72.84	60.91
Total Assets	908.11	753.1	847.79	1,008	1,042
Accrued Expenses	2.28	3.07	5.93	11.36	7.85
Current Portion of Long-Term Debt	134.72	112.64	66.59	30.42	5
Current Portion of Leases	7.58	12.94	4.66	15.38	7.39
Current Unearned Revenue	-	-	0.3	0.3	1.55
Other Current Liabilities	59.46	74.85	95.17	129.93	76.57
Total Current Liabilities	204.04	203.5	172.65	187.39	98.36
Long-Term Debt	192.09	306.65	324.81	238.36	193.78
Long-Term Leases	4.11	50.04	54.75	73.02	69.29
Total Liabilities	400.23	560.19	552.2	498.77	361.43
Common Stock	2,218	1,790	1,725	1,725	1,679
Retained Earnings	-1,780	-1,675	-1,490	-1,247	-962.96
Comprehensive Income & Other	70.03	78.19	60.6	31.48	-35.94
Shareholders' Equity	507.88	192.91	295.58	509.58	680.23
Total Liabilities & Equity	908.11	753.1	847.79	1,008	1,042
Total Debt	338.49	482.27	450.81	357.18	275.46
Net Cash (Debt)	38.76	-371.5	-213.28	65.2	314.07
Net Cash Growth	-	-	-	-79.24%	-61.62%
Net Cash Per Share	0.03	-0.35	-0.21	0.07	0.32
Filing Date Shares Outstanding	1,387	1,092	1,035	1,035	1,006
Total Common Shares Outstanding	1,387	1,092	1,035	1,035	1,006
Working Capital	185.86	-18.16	97.54	259.7	497.32
Book Value Per Share	0.37	0.18	0.29	0.49	0.68
Tangible Book Value	507.52	191.98	293.74	506.98	678.31
Tangible Book Value Per Share	0.37	0.18	0.28	0.49	0.67
Machinery	58.66	67.2	66.4	58.61	47.02
Construction In Progress	462.89	453.07	419.14	336.16	197.47
Leasehold Improvements	28.35	28.48	28.37	33.42	29.81