Our historical cash burn rate was RMB5.8 million, RMB8.3 million, RMB12.4 million, RMB27.7 million and RMB32.5 million in 2023, 2024, 2025 and the four months ended April 30,
Financial Information · 第 273 页
We had cash and cash equivalents and financial assets at FVTPL of RMB131.2 million and committed unutilized banking facilities of RMB216.3 million as of August 31, 2026.
Financial Information · 第 274 页
The elevated cash burn rate is not expected to continue at the same level, since the relatively high cash burn rate for the four months ended April 30, 2026 was driven primarily by temporary working capital movements, particularly the increase in trade and bills receivables as discussed above.
Our historical average monthly cash burn was RMB5.1 million, RMB6.1 million, RMB7.4 million and RMB13.2 million in 2023, 2024, 2025 and the six months ended June 30, 2026, respectively.
Summary · 第 17 页
we estimate that our cash and cash equivalents as of June 30, 2026 will be able to maintain our financial viability for approximately 22 months from June 30, 2026 to April 30, 2028 without taking into account proceeds from the Global Offering, or approximately 29 months from June 30, 2026 to November 30, 2028 if we take into account 10% of the estimated net proceeds from the Global Offering, or approximately 87 months from June 30, 2026 to September 30, 2033 if we take into account 100% of such proceeds.
Summary · 第 17 页
We will continue to monitor our cash flows from operations closely and maintain our financial viability through a variety of means, including, among others, banking facilities and external financings.
Our historical cash burn rate was RMB2.2 million, RMB3.1 million, RMB3.2 million, RMB4.4 million and RMB5.4 million in 2023, 2024 and 2025 and the six months ended June 30, 2025 and 2026, respectively.
Summary · 第 11 页
We had cash and cash equivalents, restricted cash and current financial assets at fair value through profit or loss of RMB194.7 million as of June 30, 2026.
Summary · 第 11 页
we estimate that our cash and cash equivalents and current financial assets at fair value through profit or loss as of June 30, 2026 will be able to maintain our financial viability for (i) approximately [REDACTED] months until [REDACTED]
Our historical monthly average cash burn rate was RMB7.8 million, RMB8.7 million and RMB10.0 million in 2023, 2024 and 2025, respectively.
Summary · 第 9 页
Based on the Group's cash and cash equivalents, financial assets at fair value through profit or loss and unutilised banking facilities as at the Latest Practicable Date, the Directors estimate that the Group has a cash runway of approximately 34 months, excluding net proceeds.
Our historical cash burn rate was RMB15.5 million for the year ended December 31, 2025.
Summary · 第 8 页
Our monthly average cash burn for the four months ended April 30, 2026 was approximately RMB21.1 million.
Summary · 第 10 页
we estimate that our cash and cash equivalents and financial assets measured at FVPL, and bank facilities available for use as of April 30, 2026 will be able to maintain our financial viability for approximately 19 months or, if we take into account 10.0% of the estimated net proceeds from the Listing (namely, the portion allocated for our working capital and other general corporate purposes), approximately 23 months or, if we also take into account the estimated net proceeds from the Listing apart from the portion being allocated to the use for strategic investment or acquisition, 60 months.
Our historical cash burn rate was RMB5.5 million, RMB6.2 million and RMB13.9 million for each of the years ended December 31, 2023, 2024 and 2025.
Financial Information · 第 245 页
As of April 30, 2026, our cash balance was RMB350.9 million, including cash and cash equivalents RMB151.5 million, financial assets at fair value through profit or loss RMB114.5 million and unutilised banking facilities RMB84.9 million, as they represent available liquidity to fund our operations.
Financial Information · 第 245 页
We will continue to monitor our cash flows from operations closely and maintain our financial viability through a variety of means, including, among others, banking facilities and external financings.
Our historical cash burn rate was RMB8.6 million, RMB7.2 million and RMB19.2 million in 2023, 2024 and 2025, respectively.
Financial Information · 第 247 页
Assuming that the average cash burn rate going forward will be approximately RMB19.2 million per month based on the cash burn rate for the 12 months ended December 31, 2025, we estimate financial viability for approximately 18.0 months until June 2027, or, if we take into account 10% of the estimated net proceeds from the Listing, approximately 21.1 months until September 2027 or, if we also take into account the estimated net proceeds from the Listing, approximately 48.7 months until December 2029.
Our historical cash burn rate was RMB9.0 million, RMB7.8 million and RMB16.4 million for each of the years ended December 31, 2023, 2024 and 2025, respectively, mainly representing our investment in R&D activities and business operations.
Financial Information · 第 252 页
We had cash and cash equivalents, and available bank facilities of RMB427.3 million in aggregate as of December 31, 2025.
Financial Information · 第 252 页
We will continue to monitor our cash flows from operations closely and maintain our financial viability through a variety of means, including, among others, banking facilities and external financings.
Our historical cash burn rate was RMB7.0 million, RMB6.5 million, RMB1.9 million and RMB2.6 million in 2022, 2023 and 2024, and for the nine months ended September 30, 2025, respectively.
Financial Information · 第 253 页
Assuming that the average cash burn rate going forward will be RMB2.6 million, similar to the cash burn rate level for the year ended September 30, 2025, we estimate that our cash and cash equivalents, current financial assets at FVTPL and current time deposits as of September 30, 2025 will be able to maintain our financial viability for 76.9 months
Our historical cash burn rate was RMB30.6 million, RMB20.1 million, RMB13.5 million and RMB36.2 million in 2022, 2023, 2024 and June 30, 2025, respectively, mainly representing our investment in R&D activities.
Financial Information · 第 458 页
we estimate that our cash and cash equivalents, financial assets at FVTPL, term deposits, restricted bank deposits and committed unutilized bank facilities totaling RMB591.9 million as of October 31, 2025, will be able to maintain our financial viability for 16 months from October 30, 2025 to February 28, 2027 or, if we take into account 10% of the estimated net proceeds from the Listing
Financial Information · 第 458 页
We will continue to monitor our cash flows from operations closely and maintain our financial viability through a variety of means, including, among others, banking facilities and external financings.
浙江太美医疗科技股份有限公司Zhejiang Taimei Medical Technology Co., Ltd.02576.HK
董事相信现金足以支持业务至现金流转正
Our Directors are of the opinion that we will have adequate working capital and sufficient cash balance to support our business growth until we achieve a net operating cash inflow position, without taking account of the estimated proceeds from the Global Offering, on the following grounds:
Financial Information · 第 418 页
(i) we had cash and cash equivalents of RMB698.9 million, short-term bank deposits of RMB13.5 million and short-term investments measured at fair value through profit or loss of RMB264.3 million, which are all highly liquid assets, as of March 31, 2024.
Financial Information · 第 418 页
Having taken into account the factors above and the independent due diligence work conducted by the Joint Sponsors, nothing has come to the Joint Sponsors’ attention that would reasonably cause them to cast doubt on the reasonableness of the Directors’ view that the Group has sufficient working capital to meet its present requirements and for at least the next 12 months from the date of this prospectus in any material aspects.