ECARX Holdings 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	FY 2020
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	787.64	561.15	860.47	966.13	729.94
Short-Term Investments	137.94	137.88	-	-	-
Cash & Short-Term Investments	925.58	699.02	860.47	966.13	729.94
Cash Growth	8.84%	-18.76%	-10.94%	32.36%	-
Accounts Receivable	1,346	1,886	1,433	1,091	993.21
Other Receivables	91.4	74.12	911.73	41.3	78.62
Receivables	1,437	1,960	2,344	1,132	1,072
Inventory	177.15	160.78	182.57	223.32	233.86
Prepaid Expenses	-	-	-	7.6	4.56
Restricted Cash	0.16	27.13	40.96	23	273.94
Other Current Assets	406.7	441.48	424.92	239.81	113.57
Total Current Assets	2,947	3,289	3,853	2,592	2,428
Property, Plant & Equipment	264.07	245.99	239.26	109.79	106.08
Long-Term Investments	220.45	300.99	353.86	1,153	2.65
Other Intangible Assets	294.03	179.34	44.86	31.12	30.04
Other Long-Term Assets	308.14	252.59	239.72	21.83	11.61
Total Assets	4,034	4,268	4,731	3,908	2,578
Accounts Payable	1,905	2,107	1,855	888.8	1,339
Accrued Expenses	191.49	358.69	349.26	270.27	162.33
Short-Term Debt	1,600	1,200	870	932	76
Current Portion of Long-Term Debt	-	-	-	-	250
Current Portion of Leases	37.88	35.12	31.11	-	-
Current Income Taxes Payable	4.07	15.79	21.61	-	31.08
Current Unearned Revenue	204.44	207.64	321.37	365.97	159.37
Other Current Liabilities	609.17	291.51	478.72	297.82	1,250
Total Current Liabilities	4,552	4,215	3,927	2,755	3,268
Long-Term Debt	467.62	455.7	439.87	-	775.39
Long-Term Leases	114.1	107.61	68.77	-	-
Long-Term Unearned Revenue	78.8	134	282.15	473.07	359.15
Other Long-Term Liabilities	198.27	189.32	47.26	16.29	7.52
Total Liabilities	5,443	5,102	4,765	3,244	4,410
Common Stock	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	6,157	6,094	5,920	-	165.41
Retained Earnings	-7,241	-6,670	-5,730	-4,103	-2,242
Comprehensive Income & Other	-358.06	-344.73	-385.89	6.05	1.5
Total Common Equity	-1,443	-921.41	-196.4	-4,097	-2,076
Minority Interest	32.82	86.95	161.94	227.78	11.51
Shareholders' Equity	-1,410	-834.46	-34.46	663.36	-1,832
Total Liabilities & Equity	4,034	4,268	4,731	3,908	2,578
Total Debt	2,220	1,798	1,410	932	1,101
Net Cash (Debt)	-1,294	-1,099	-549.28	34.13	-371.45
Net Cash Per Share	-3.83	-3.26	-2.30	0.14	-1.56
Filing Date Shares Outstanding	343.13	338.07	337.4	193.84	238.59
Total Common Shares Outstanding	343.13	337.95	337.4	193.84	238.59
Working Capital	-1,605	-926.74	-74.11	-162.7	-839.9
Book Value Per Share	-4.20	-2.73	-0.58	-21.14	-10.38
Tangible Book Value	-1,737	-1,101	-241.26	-4,128	-2,106
Tangible Book Value Per Share	-5.06	-3.26	-0.72	-21.30	-10.53
Machinery	246.35	224.05	199.67	175.95	157.44
Construction In Progress	15.62	7.94	0.33	10.48	0.37
Leasehold Improvements	57.32	44.75	43.44	39.17	30.07

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