MECH-MIND ROBOTICS TECHNOLOGIES CO., LTD.

Balance Sheet Mech-Mind Robotics Technologies Co., Ltd.

Stocks

9615

CNE100007VR0

Industrial Machinery & Equipment

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Published financial data: MECH-MIND ROBOTICS TECHNOLOGIES CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2023 (CNY)	2024 (CNY)	2025 (CNY)
Revenues	181M	269M	389M
Total Revenues	181M	269M	389M
Cost of Goods Sold, Total	110M	131M	138M
Gross Profit	70.64M	137M	251M
Selling General & Admin Expenses, Total	291M	252M	293M
Provision for Bad Debts	6.3M	4.96M	4.53M
R&D Expenses	119M	109M	113M
Other Operating Expenses	-3.27M	-5.7M	-11.97M
Other Operating Expenses, Total	413M	360M	399M
Operating Income	-342M	-223M	-147M
Interest Expense, Total	-3.34M	-3.4M	-3.23M
Interest And Investment Income	1.48M	2.65M	965K
Net Interest Expenses	-1.86M	-744K	-2.26M
Currency Exchange Gains (Loss)	162K	-364K	193K
Other Non Operating Income (Expenses)	-873K	-934K	-959K
EBT, Excl. Unusual Items	-344M	-225M	-151M
Gain (Loss) On Sale Of Investments	2.28M	306K	1.27M
Gain (Loss) On Sale Of Assets	-1.07M	1.28M	-123K
Other Unusual Items	-57.69M	-60M	-209M
EBT, Incl. Unusual Items	-401M	-283M	-359M
Income Tax Expense	-	-	1.6M
Earnings From Continuing Operations	-401M	-283M	-360M
Net Income to Company	-401M	-283M	-360M
Net Income - (IS)	-401M	-283M	-360M
Net Income to Common Incl Extra Items	-401M	-283M	-360M
Net Income to Common Excl. Extra Items	-401M	-283M	-360M
Per Share Items
Net EPS - Basic	-	-	-70.7
Basic EPS - Continuing Operations	-	-	-70.7
Basic Weighted Average Shares Outstanding	-	-	5.09M
Net EPS - Diluted	-	-	-70.7
Diluted EPS - Continuing Operations	-	-	-70.7
Diluted Weighted Average Shares Outstanding	-	-	5.09M
Normalized Basic EPS	-	-	-18.47
Normalized Diluted EPS	-	-	-18.47
Supplemental Items
EBITDA	-321M	-205M	-134M
EBITA	-341M	-221M	-147M
EBIT	-342M	-223M	-147M
EBITDAR	-320M	-204M	-133M
Effective Tax Rate - (Ratio)	-	-	-0.45
Total Current Taxes	-	-	1.6M
Normalized Net Income	-215M	-141M	-94.07M
Interest on Long-Term Debt	2.5M	2.21M	2M
Supplemental Operating Expense Items
Marketing Expenses	16.28M	14.18M	13.19M
Selling and Marketing Expenses	186M	162M	168M
General and Administrative Expenses	104M	89.28M	124M
Research And Development Expense From Footnotes	119M	109M	113M
Net Rental Expense, Total	1.12M	465K	688K
Imputed Operating Lease Interest Expense	-	5.03K	6.24K
Imputed Operating Lease Depreciation	-	460K	682K
Stock-Based Comp., Other (Total)	8.84M	9.04M	13.75M
Total Stock-Based Compensation	8.84M	9.04M	13.75M

Fiscal Period: December	2023 (CNY)	2024 (CNY)	2025 (CNY)
Assets
Cash And Equivalents	388M	222M	352M
Short Term Investments	31.83M	11.13M	11.97M
Trading Asset Securities, Total	-	70.06M	100M
Total Cash And Short Term Investments	420M	304M	464M
Accounts Receivable, Total	73.77M	118M	128M
Total Receivables	73.77M	118M	128M
Inventory	53.51M	46.17M	72.04M
Restricted Cash	367K	8K	11.65M
Other Current Assets, Total	11.66M	7.96M	10.99M
Total Current Assets	560M	476M	687M
Gross Property Plant And Equipment	155M	145M	154M
Accumulated Depreciation	-69.53M	-71.38M	-84.34M
Net Property Plant And Equipment	85.16M	73.79M	70.06M
Other Intangibles, Total	2.62M	1.19M	432K
Total Assets	647M	551M	757M
Liabilities
Accounts Payable, Total	28.15M	34.95M	38.51M
Accrued Expenses, Total	42M	38.59M	67.16M
Short-term Borrowings	2.37B	2.55B	3.07B
Current Portion of Leases	17.54M	14.18M	15.56M
Current Income Taxes Payable	4.5M	6.75M	9.73M
Unearned Revenue Current, Total	9.84M	9.4M	17.42M
Other Current Liabilities	5.69M	6.54M	4.9M
Total Current Liabilities	2.48B	2.66B	3.22B
Long-Term Leases	34.16M	32.17M	22.62M
Unearned Revenue Non Current	3.06M	4.33M	8.62M
Total Liabilities	2.51B	2.7B	3.25B
Common Stock, Total	3.52M	3.6M	5.09M
Retained Earnings	-1.85B	-2.14B	-2.5B
Comprehensive Income and Other	-17.68M	-14.12M	-397K
Total Common Equity	-1.87B	-2.15B	-2.49B
Total Equity	-1.87B	-2.15B	-2.49B
Total Liabilities And Equity	647M	551M	757M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	-	-	5.09M
ECS Total Common Shares Outstanding	-	-	5.09M
Book Value / Share	-	-	-489.24
Tangible Book Value	-1.87B	-2.15B	-2.49B
Tangible Book Value Per Share	-	-	-489.33
Total Debt	2.42B	2.6B	3.1B
Net Debt	2B	2.29B	2.64B
Debt Equivalent Oper. Leases	9M	3.72M	5.5M
Account Code - Inventory Valuation	-	-	6
Inventories - Raw Materials, Total	19.87M	16.62M	25.43M
Inventories - Work In Process, Total	9.59M	10.04M	14.51M
Inventories - Finished Goods, Total	29.94M	22.96M	35.31M
Machinery, Total	52.81M	57.48M	68.32M
Full Time Employees	-	-	619
Accumulated Allowance for Doubtful Accounts (Supple)	12.59M	17.58M	22.23M
Order Backlog	-	-	101M

Fiscal Period: December	2023 (CNY)	2024 (CNY)	2025 (CNY)
Net Income	-401M	-283M	-360M
Depreciation & Amortization - CF	37.59M	34.85M	27.93M
Amortization of Goodwill and Intangible Assets - (CF)	1.18M	1.42M	958K
Depreciation & Amortization, Total	38.77M	36.27M	28.89M
(Gain) Loss From Sale Of Asset	1.07M	-1.28M	123K
(Gain) Loss on Sale of Investments - (CF)	-2.28M	-306K	-1.27M
Stock-Based Compensation (CF)	8.84M	9.04M	13.75M
Provision and Write-off of Bad Debts	6.3M	4.96M	4.53M
Other Operating Activities, Total	61.63M	64.17M	214M
Change In Accounts Receivable	-13.01M	-49.03M	-14.84M
Change In Inventories	17.1M	2.63M	-25.86M
Change In Accounts Payable	6.75M	6.8M	3.56M
Change in Unearned Revenues	-3.24M	829K	12.32M
Change in Other Net Operating Assets	4.96M	3.45M	17.14M
Cash from Operations	-274M	-206M	-107M
Capital Expenditure	-14.6M	-8.61M	-18.14M
Sale of Property, Plant, and Equipment	37K	470K	199K
Investment in Marketable and Equity Securities, Total	133M	-49.16M	-28.79M
Cash from Investing	118M	-57.3M	-46.73M
Short Term Debt Issued, Total	54.72M	80.7M	66.56M
Total Debt Issued	54.72M	80.7M	66.56M
Short Term Debt Repaid, Total	-5.99M	-59.81M	-129M
Long-Term Debt Repaid, Total	-16.94M	-16.86M	-14.59M
Total Debt Repaid	-22.93M	-76.67M	-144M
Issuance of Common Stock	96.68M	99.01M	366M
Other Financing Activities, Total	-3.5M	-3.93M	-5.15M
Cash from Financing	125M	99.1M	284M
Foreign Exchange Rate Adjustments	1.29M	-2.1M	-674K
Net Change in Cash	-29.82M	-166M	130M
Supplemental Items
Cash Interest Paid	3.34M	3.4M	3.23M
Cash Income Tax Paid (Refund)	-	-	1.6M
Levered Free Cash Flow	-	-131M	-79.04M
Unlevered Free Cash Flow	-	-129M	-77.03M
Change In Net Working Capital	-	26.63M	9.35M
Net Debt Issued / Repaid	31.79M	4.03M	-76.96M

Fiscal Period: December	2023 (CNY)	2024 (CNY)	2025 (CNY)
Profitability
Return on Assets	-	-23.26	-14.09
Return on Total Capital	-	-27.74	-17.37
Return On Equity %	-	14.11	15.53
Return on Common Equity	-	14.11	15.53
Margin Analysis
Gross Profit Margin %	39.07	51.12	64.59
SG&A Margin	160.94	93.77	75.45
EBITDA Margin %	-177.34	-76.16	-34.35
EBITA Margin %	-188.45	-82.4	-37.69
EBIT Margin %	-189.1	-82.93	-37.93
Income From Continuing Operations Margin %	-221.76	-105.42	-92.64
Net Income Margin %	-221.76	-105.42	-92.64
Net Avail. For Common Margin %	-221.76	-105.42	-92.64
Normalized Net Income Margin	-119.08	-52.31	-24.2
Levered Free Cash Flow Margin	-	-48.87	-20.33
Unlevered Free Cash Flow Margin	-	-48.08	-19.81
Asset Turnover
Asset Turnover	-	0.45	0.59
Fixed Assets Turnover	-	3.38	5.41
Receivables Turnover (Average Receivables)	-	2.81	3.16
Inventory Turnover (Average Inventory)	-	2.64	2.33
Short Term Liquidity
Current Ratio	0.23	0.18	0.21
Quick Ratio	0.2	0.16	0.18
Operating Cash Flow to Current Liabilities	-0.11	-0.08	-0.03
Days Sales Outstanding (Average Receivables)	-	130.46	115.47
Days Outstanding Inventory (Average Inventory)	-	138.87	156.73
Average Days Payable Outstanding	-	93.1	81.98
Cash Conversion Cycle (Average Days)	-	176.23	190.22
Long Term Solvency
Total Debt/Equity	-129.67	-120.96	-124.52
Total Debt / Total Capital	437	577.15	507.87
LT Debt/Equity	-1.83	-1.5	-0.91
Long-Term Debt / Total Capital	6.16	7.15	3.7
Total Liabilities / Total Assets	388.47	490.01	429.05
EBIT / Interest Expense	-102.49	-65.65	-45.66
EBITDA / Interest Expense	-90.87	-54.97	-36.72
(EBITDA - Capex) / Interest Expense	-95.25	-57.5	-42.33
Total Debt / EBITDA	-7.99	-13.92	-26.17
Net Debt / EBITDA	-6.6	-12.29	-22.25
Total Debt / (EBITDA - Capex)	-7.62	-13.3	-22.7
Net Debt / (EBITDA - Capex)	-6.3	-11.75	-19.3
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	48.64	44.65
Gross Profit, 1 Yr. Growth %	-	94.49	82.77
EBITDA, 1 Yr. Growth %	-	-36.16	-34.76
EBITA, 1 Yr. Growth %	-	-35	-33.84
EBIT, 1 Yr. Growth %	-	-34.81	-33.83
Earnings From Cont. Operations, 1 Yr. Growth %	-	-29.34	27.12
Net Income, 1 Yr. Growth %	-	-29.34	27.12
Normalized Net Income, 1 Yr. Growth %	-	-34.71	-33.09
Accounts Receivable, 1 Yr. Growth %	-	59.75	8.75
Inventory, 1 Yr. Growth %	-	-13.72	56.04
Net Property, Plant and Equip., 1 Yr. Growth %	-	-13.35	-5.05
Total Assets, 1 Yr. Growth %	-	-14.96	37.57
Tangible Book Value, 1 Yr. Growth %	-	14.88	16.02
Common Equity, 1 Yr. Growth %	-	14.98	16.06
Cash From Operations, 1 Yr. Growth %	-	-24.91	-47.79
Capital Expenditures, 1 Yr. Growth %	-	-41.01	110.64
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-39.82
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-40.39
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	46.63
Gross Profit, 2 Yr. CAGR %	-	-	88.54
EBITDA, 2 Yr. CAGR %	-	-	-35.46
EBITA, 2 Yr. CAGR %	-	-	-34.43
EBIT, 2 Yr. CAGR %	-	-	-34.32
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	-5.22
Net Income, 2 Yr. CAGR %	-	-	-5.22
Normalized Net Income, 2 Yr. CAGR %	-	-	-33.9
Accounts Receivable, 2 Yr. CAGR %	-	-	31.81
Inventory, 2 Yr. CAGR %	-	-	16.03
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	-9.29
Total Assets, 2 Yr. CAGR %	-	-	8.16
Tangible Book Value, 2 Yr. CAGR %	-	-	15.45
Common Equity, 2 Yr. CAGR %	-	-	15.52
Cash From Operations, 2 Yr. CAGR %	-	-	-37.39
Capital Expenditures, 2 Yr. CAGR %	-	-	11.47