Horizon Robotics Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	10,452	11,360	6,609	8,050
Short-Term Investments	-	-	1,204	1,284
Cash & Short-Term Investments	10,452	11,360	7,813	9,334
Cash Growth	11.98%	45.39%	-16.30%	-
Accounts Receivable	687.6	541.09	420.67	169.36
Other Receivables	2.81	20.4	6.72	0.35
Receivables	690.41	561.49	427.39	169.7
Inventory	703.1	790.9	363.53	113.91
Restricted Cash	726.87	709.72	0	12.86
Other Current Assets	144.56	116.33	199.74	282.65
Total Current Assets	12,744	13,538	8,804	9,913
Property, Plant & Equipment	769.7	650.63	479.3	294.85
Long-Term Investments	939.13	1,188	132.87	73.42
Other Intangible Assets	283.53	302.91	319.08	197.44
Long-Term Deferred Tax Assets	100.65	99.97	88.92	79.94
Other Long-Term Assets	91.25	93.81	71.38	37.79
Total Assets	14,953	15,874	9,895	10,597
Accounts Payable	13.65	11.16	3.82	8.04
Accrued Expenses	425.53	700.27	410.14	305.96
Short-Term Debt	-	39,240	26,451	18,341
Current Portion of Leases	43.94	52.01	50.62	38.25
Current Income Taxes Payable	37.93	0.17	1.18	0
Current Unearned Revenue	12.14	24.88	63.08	5.55
Other Current Liabilities	43,854	224.05	171.26	206.98
Total Current Liabilities	44,387	40,252	27,151	18,906
Long-Term Debt	243.9	112.84	12.52	-
Long-Term Leases	88.96	112.35	154.18	77.27
Long-Term Unearned Revenue	47.6	61.95	15.65	7.57
Total Liabilities	44,768	40,539	27,334	18,991
Common Stock	0.04	0.04	0.04	0.04
Additional Paid-In Capital	146.26	146.26	146.26	124.12
Retained Earnings	-30,670	-25,570	-18,831	-10,112
Comprehensive Income & Other	707.29	758.38	1,246	1,593
Total Common Equity	-29,816	-24,665	-17,438	-8,394
Minority Interest	0.86	-0.11	-0.08	0.25
Shareholders' Equity	-29,815	-24,665	-17,439	-8,394
Total Liabilities & Equity	14,953	15,874	9,895	10,597
Total Debt	376.8	39,517	26,669	18,457
Net Cash (Debt)	10,076	-28,157	-18,856	-9,122
Net Cash Per Share	3.64	-10.43	-7.23	-3.60
Filing Date Shares Outstanding	2,431	2,431	2,606	2,537
Total Common Shares Outstanding	2,431	2,431	2,606	2,537
Working Capital	-31,644	-26,714	-18,348	-8,993
Book Value Per Share	-12.26	-10.14	-6.69	-3.31
Tangible Book Value	-30,099	-24,968	-17,758	-8,592
Tangible Book Value Per Share	-12.38	-10.27	-6.81	-3.39
Machinery	540.33	435.8	318.5	221.54
Construction In Progress	289.26	197.3	41.7	4.88
Leasehold Improvements	57.23	54.87	53.72	31.21

Source: S&P Capital IQ. Standard template. Financial Sources.