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	3,028	3,324	4,082	857.62	918.18
Short-Term Investments	-	781.75	1,104	-	-
Trading Asset Securities	2,052	2,935	2,609	-	-
Cash & Short-Term Investments	5,080	7,041	7,794	857.62	918.18
Cash Growth	-27.85%	-9.66%	808.80%	-6.59%	1484.29%
Accounts Receivable	2,156	2,237	1,768	1,435	1,194
Other Receivables	64.21	1.77	1.81	0.77	0.82
Receivables	2,220	2,238	1,770	1,436	1,195
Inventory	1,392	1,218	1,244	1,195	839.61
Other Current Assets	1,423	68.63	67.48	47.17	22.21
Total Current Assets	10,116	10,567	10,876	3,536	2,975
Property, Plant & Equipment	998.61	525.68	407.96	264.74	271.25
Long-Term Investments	62.4	60	-	-	-
Other Intangible Assets	318.06	117.66	153.05	186.61	13.86
Long-Term Deferred Tax Assets	70.81	46.52	37.57	37.28	22.07
Long-Term Deferred Charges	29.96	-	-	-	-
Other Long-Term Assets	432.01	418.41	29.36	54.66	27.93
Total Assets	12,028	11,735	11,504	4,080	3,310
Accounts Payable	1,155	1,111	1,090	940.15	753.05
Accrued Expenses	30.5	60.69	33.88	30.52	40.99
Short-Term Debt	60.04	-	-	-	-
Current Portion of Long-Term Debt	28.52	-	-	-	-
Current Portion of Leases	-	42.52	35.87	29.5	24.05
Current Income Taxes Payable	8.85	1.32	1.37	0.67	45.62
Current Unearned Revenue	17.23	14.69	37.26	14.01	14.73
Other Current Liabilities	40.79	48.45	229.76	380.91	195.31
Total Current Liabilities	1,341	1,279	1,428	1,396	1,074
Long-Term Leases	62.02	74.33	48.36	46.65	65.27
Long-Term Unearned Revenue	191.53	-	-	-	-
Long-Term Deferred Tax Liabilities	15.62	20.2	14.61	12.17	-
Other Long-Term Liabilities	4	0.63	-0.22	34.35	1.39
Total Liabilities	1,614	1,374	1,491	1,489	1,140
Common Stock	450	450	450	360	360
Additional Paid-In Capital	8,227	8,468	8,468	1,651	1,651
Retained Earnings	1,724	1,433	1,088	571.52	149.22
Treasury Stock	-0	-	-	-	-
Comprehensive Income & Other	13.25	9.76	6.52	8.68	10.02
Shareholders' Equity	10,414	10,361	10,013	2,591	2,170
Total Liabilities & Equity	12,028	11,735	11,504	4,080	3,310
Total Debt	150.58	116.85	84.24	76.16	89.33
Net Cash (Debt)	4,929	6,924	7,710	781.46	828.85
Net Cash Growth	-28.81%	-10.19%	886.59%	-5.72%	-
Net Cash Per Share	10.94	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	8,775	9,288	9,448	2,141	1,901
Book Value Per Share	23.14	23.02	22.25	7.20	6.03
Tangible Book Value	10,096	10,243	9,860	2,404	2,156
Tangible Book Value Per Share	22.43	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.