Baimtec Material 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	-	3,324	4,082	857.62	918.18
Short-Term Investments	-	781.75	1,104	-	-
Trading Asset Securities	-	2,935	2,609	-	-
Cash & Short-Term Investments	5,415	7,041	7,794	857.62	918.18
Cash Growth	-23.10%	-9.66%	808.80%	-6.59%	1484.29%
Accounts Receivable	-	2,237	1,768	1,435	1,194
Other Receivables	-	1.77	1.81	0.77	0.82
Receivables	-	2,238	1,770	1,436	1,195
Inventory	-	1,218	1,244	1,195	839.61
Other Current Assets	-	68.63	67.48	47.17	22.21
Total Current Assets	-	10,567	10,876	3,536	2,975
Property, Plant & Equipment	-	525.68	407.96	264.74	271.25
Long-Term Investments	-	60	-	-	-
Other Intangible Assets	-	117.66	153.05	186.61	13.86
Long-Term Deferred Tax Assets	-	46.52	37.57	37.28	22.07
Other Long-Term Assets	-	418.41	29.36	54.66	27.93
Total Assets	-	11,735	11,504	4,080	3,310
Accounts Payable	-	1,111	1,090	940.15	753.05
Accrued Expenses	-	60.69	33.88	30.52	40.99
Current Portion of Leases	-	42.52	35.87	29.5	24.05
Current Income Taxes Payable	-	1.32	1.37	0.67	45.62
Current Unearned Revenue	-	14.69	37.26	14.01	14.73
Other Current Liabilities	-	48.45	229.76	380.91	195.31
Total Current Liabilities	-	1,279	1,428	1,396	1,074
Long-Term Leases	-	74.33	48.36	46.65	65.27
Long-Term Deferred Tax Liabilities	-	20.2	14.61	12.17	-
Other Long-Term Liabilities	-	0.63	-0.22	34.35	1.39
Total Liabilities	-	1,374	1,491	1,489	1,140
Common Stock	-	450	450	360	360
Additional Paid-In Capital	-	8,468	8,468	1,651	1,651
Retained Earnings	-	1,433	1,088	571.52	149.22
Comprehensive Income & Other	-	9.76	6.52	8.68	10.02
Shareholders' Equity	10,525	10,361	10,013	2,591	2,170
Total Liabilities & Equity	-	11,735	11,504	4,080	3,310
Total Debt	77.26	116.85	84.24	76.16	89.33
Net Cash (Debt)	5,337	6,924	7,710	781.46	828.85
Net Cash Growth	-22.92%	-10.19%	886.59%	-5.72%	-
Net Cash Per Share	11.85	15.37	19.40	2.17	2.30
Filing Date Shares Outstanding	450	450	450	360	360
Total Common Shares Outstanding	450	450	450	360	360
Working Capital	-	9,288	9,448	2,141	1,901
Book Value Per Share	23.39	23.02	22.25	7.20	6.03
Tangible Book Value	10,233	10,243	9,860	2,404	2,156
Tangible Book Value Per Share	22.74	22.76	21.91	6.68	5.99
Buildings	-	139.75	125.88	125.09	132.93
Machinery	-	499.18	466.82	399.91	384.96
Construction In Progress	-	171.62	107.76	24.08	8.01

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