ECARX Holdings Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	324	561.15	860.47	966.13	729.94
Short-Term Investments	130.5	137.88	-	-	-
Cash & Short-Term Investments	454.5	699.02	860.47	966.13	729.94
Cash Growth	-34.98%	-18.76%	-10.94%	32.36%	-
Accounts Receivable	1,612	1,886	1,433	1,091	993.21
Other Receivables	35.4	74.12	911.73	41.3	78.62
Receivables	1,647	1,960	2,344	1,132	1,072
Inventory	233.9	160.78	182.57	223.32	233.86
Prepaid Expenses	452.5	-	-	7.6	4.56
Restricted Cash	43.4	27.13	40.96	23	273.94
Other Current Assets	-	441.48	424.92	239.81	113.57
Total Current Assets	2,831	3,289	3,853	2,592	2,428
Property, Plant & Equipment	293	245.99	239.26	109.79	106.08
Long-Term Investments	15.8	300.99	353.86	1,153	2.65
Goodwill	25.7	-	-	-	-
Other Intangible Assets	309.8	179.34	44.86	31.12	30.04
Other Long-Term Assets	295.6	252.59	239.72	21.83	11.61
Total Assets	3,771	4,268	4,731	3,908	2,578
Accounts Payable	2,272	2,107	1,855	888.8	1,339
Accrued Expenses	626.6	358.69	349.26	270.27	162.33
Short-Term Debt	1,360	1,200	870	932	76
Current Portion of Long-Term Debt	470.6	-	-	-	250
Current Portion of Leases	40.9	35.12	31.11	-	-
Current Income Taxes Payable	20.4	15.79	21.61	-	31.08
Current Unearned Revenue	156.9	207.64	321.37	365.97	159.37
Other Current Liabilities	177.9	291.51	478.72	297.82	1,250
Total Current Liabilities	5,125	4,215	3,927	2,755	3,268
Long-Term Debt	-	455.7	439.87	-	775.39
Long-Term Leases	121.4	107.61	68.77	-	-
Long-Term Unearned Revenue	37.3	134	282.15	473.07	359.15
Long-Term Deferred Tax Liabilities	15.2	-	-	-	-
Other Long-Term Liabilities	216.9	189.32	47.26	16.29	7.52
Total Liabilities	5,516	5,102	4,765	3,244	4,410
Common Stock	-	0.01	0.01	0.01	0.01
Additional Paid-In Capital	6,214	6,094	5,920	-	165.41
Retained Earnings	-7,603	-6,670	-5,730	-4,103	-2,242
Treasury Stock	-7.4	-	-	-	-
Comprehensive Income & Other	-363.5	-344.73	-385.89	6.05	1.5
Total Common Equity	-1,760	-921.41	-196.4	-4,097	-2,076
Minority Interest	14.8	86.95	161.94	227.78	11.51
Shareholders' Equity	-1,745	-834.46	-34.46	663.36	-1,832
Total Liabilities & Equity	3,771	4,268	4,731	3,908	2,578
Total Debt	1,993	1,798	1,410	932	1,101
Net Cash (Debt)	-1,538	-1,099	-549.28	34.13	-371.45
Net Cash Per Share	-4.57	-3.26	-2.30	0.14	-1.56
Filing Date Shares Outstanding	333.82	338.07	337.4	193.84	238.59
Total Common Shares Outstanding	333.82	337.95	337.4	193.84	238.59
Working Capital	-2,294	-926.74	-74.11	-162.7	-839.9
Book Value Per Share	-5.27	-2.73	-0.58	-21.14	-10.38
Tangible Book Value	-2,095	-1,101	-241.26	-4,128	-2,106
Tangible Book Value Per Share	-6.28	-3.26	-0.72	-21.30	-10.53
Machinery	-	224.05	199.67	175.95	157.44
Construction In Progress	-	7.94	0.33	10.48	0.37
Leasehold Improvements	-	44.75	43.44	39.17	30.07

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