Bafang Electric (Suzhou) 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	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	607.19	694.38	1,543	1,380	1,776	1,857
Trading Asset Securities	880.35	692.05	-	195.08	0.06	-
Cash & Short-Term Investments	1,488	1,386	1,543	1,575	1,776	1,857
Cash Growth	6.87%	-10.17%	-2.03%	-11.29%	-4.38%	4.93%
Accounts Receivable	480.86	420.34	413.93	803.42	841.73	441.3
Other Receivables	3.59	18.52	6.3	9.24	4.14	4.05
Receivables	484.45	438.86	420.23	812.66	845.87	445.35
Inventory	158.5	184.54	225.58	375.42	400.54	268.4
Other Current Assets	15.8	58.28	78.35	37.96	20.58	8.63
Total Current Assets	2,146	2,068	2,267	2,801	3,043	2,579
Property, Plant & Equipment	775.11	852.62	956.93	668.92	445.28	222.35
Long-Term Investments	103.14	101.36	-	-	-	-
Other Intangible Assets	66.7	68.27	87.43	87.48	29.07	32.14
Long-Term Deferred Tax Assets	18.07	17.63	24.57	20.3	9.59	4.54
Long-Term Deferred Charges	0.05	0.1	1.47	3.72	6.22	1.15
Other Long-Term Assets	93.43	51.52	3.52	8.34	10.06	11.04
Total Assets	3,203	3,160	3,341	3,590	3,543	2,851
Accounts Payable	435.44	410.11	465.26	473.36	659.81	396.85
Accrued Expenses	13.92	31.73	40.09	47.19	41.22	17.74
Short-Term Debt	-	1.2	2.49	-	3	-
Current Portion of Leases	2.57	4.1	4.06	5.54	8.09	-
Current Income Taxes Payable	10.84	6.01	-	13.3	32.72	16.64
Current Unearned Revenue	29.14	35.74	35.65	43.17	62.4	48.52
Other Current Liabilities	11.8	17.88	31.69	136.42	47.19	35.58
Total Current Liabilities	503.71	506.77	579.25	718.97	854.44	515.31
Long-Term Leases	4.35	5.96	8.69	10.7	13.34	-
Long-Term Unearned Revenue	1.23	1.39	1.6	1.82	-	-
Long-Term Deferred Tax Liabilities	-	-	-	0.3	0.01	-
Other Long-Term Liabilities	-	-	-	-	-	32.43
Total Liabilities	509.29	514.11	589.55	731.79	867.8	547.75
Common Stock	234.62	235.01	168.12	120.3	120.3	120.31
Additional Paid-In Capital	1,209	1,276	1,350	1,406	1,414	1,402
Retained Earnings	1,245	1,202	1,305	1,417	1,146	779.66
Treasury Stock	-	-67.35	-74.72	-82.48	-	-
Comprehensive Income & Other	5.01	0.43	2.93	-2.28	-4.65	1.26
Shareholders' Equity	2,694	2,645	2,752	2,858	2,675	2,303
Total Liabilities & Equity	3,203	3,160	3,341	3,590	3,543	2,851
Total Debt	6.92	11.25	15.25	16.24	24.44	-
Net Cash (Debt)	1,481	1,375	1,528	1,559	1,751	1,857
Net Cash Growth	7.60%	-10.01%	-1.98%	-10.98%	-5.70%	4.93%
Net Cash Per Share	6.15	5.82	6.45	6.63	7.42	7.89
Filing Date Shares Outstanding	234.62	235.01	235.37	235.78	235.8	235.82
Total Common Shares Outstanding	234.62	235.01	235.37	235.78	235.8	235.82
Working Capital	1,643	1,561	1,688	2,082	2,188	2,064
Book Value Per Share	11.48	11.26	11.69	12.12	11.35	9.77
Tangible Book Value	2,627	2,577	2,664	2,771	2,646	2,271
Tangible Book Value Per Share	11.20	10.97	11.32	11.75	11.22	9.63
Buildings	-	845.19	501.65	411.47	149.71	21.91
Machinery	-	104.14	106.8	86.93	64.08	32
Construction In Progress	-	6.33	408.37	193.18	221.87	189.04

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.