Financial Statement Analysis

profilessand5566
ResultsforUniverse1Round3.pdf

2023/4/9 12:37 Results for Universe 1, Round 3

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Profit and Loss statement, k USD, Global

Company 1 Company 2 Company 3 Company 4 Company 5

Sales revenue 1 241 129 1 931 888 1 450 088 1 601 518 2 230 508

Costs and expenses

Variable production costs 325 774 539 493 167 426 521 031 891 871

Feature costs 83 589 175 782 97 084 105 950 300 084

Contract manufacturing costs 87 501 212 453 278 811 114 768 24 174

Transportation and tariffs 24 962 67 093 14 744 15 219 99 485

R&D 0 55 000 173 500 55 000 266 663

Promotion 42 100 49 000 43 250 59 000 142 000

Administration 129 803 130 622 127 770 178 096 118 405

Costs and expenses total 693 729 1 229 443 902 585 1 049 065 1 842 683

OPERATING PROFIT BEFORE DEPR. (EBITDA) 547 400 702 445 547 503 552 453 387 825

Depreciation from fixed assets 228 898 249 448 220 798 468 598 179 998

OPERATING PROFIT (EBIT) 318 502 452 997 326 706 83 855 207 828

Net financing expenses 14 144 20 287 2 360 578 764 6 174

PROFIT BEFORE TAXES 304 358 432 710 324 345 -494 908 201 654

Income taxes 80 098 104 126 103 212 54 508 94 302

PROFIT FOR THE ROUND 224 260 328 584 221 133 -549 416 107 352

Balance sheet, k USD, Global

Company 1 Company 2 Company 3 Company 4 Company 5

ASSETS

Fixed assets 1 297 086 1 413 536 1 251 186 2 655 386 1 019 986

Inventory 182 338 395 689 190 990 2 050 620 25 227

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Receivables 47 783 74 378 55 828 61 658 85 875

Cash and cash equivalents 575 768 6 000 708 935 6 000 597 156

Total assets 2 102 975 1 889 603 2 206 939 4 773 665 1 728 244

SHAREHOLDERS' EQUITY AND LIABILITIES

Equity

Share capital 340 000 340 000 340 000 355 000 340 000

Additional paid-in capital 0 0 0 129 379 0

Profit for the round 224 260 328 584 221 133 -549 416 107 352

Retained earnings 1 003 606 577 698 1 114 532 -172 261 720 452

Total equity 1 567 866 1 246 282 1 675 665 -237 298 1 167 803

Liabilities

Long-term debts 509 789 309 789 509 789 1 009 789 509 789

Short-term debts (unplanned) 5 230 295 231 0 3 972 031 0

Payables 20 090 38 301 21 485 29 143 50 651

Total liabilities 535 109 643 321 531 274 5 010 963 560 440

Total shareholders' equity and liabilities 2 102 975 1 889 603 2 206 939 4 773 665 1 728 244

Profit and Loss statement, k USD, USA

Company 1 Company 2 Company 3 Company 4 Company 5

Sales revenue

from markets 338 509 542 102 358 685 403 810 614 892

from internal transfers 145 353 170 217 38 253 0 532 323

Sales revenue total 483 863 712 319 396 938 403 810 1 147 215

Costs and expenses

Variable production costs 187 621 355 400 41 185 206 046 774 220

Feature costs 19 760 42 649 21 319 25 147 77 502

Contract manufacturing costs 87 501 42 540 99 093 10 624 24 174

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Transportation and tariffs 0 0 0 0 0

R&D 0 37 632 115 667 36 667 199 997

Promotion 12 500 20 000 17 300 23 000 66 000

Administration 88 060 85 426 82 613 119 489 80 217

Costs of imported products 0 0 0 0 0

Costs and expenses total 395 441 583 646 377 176 420 973 1 222 110

OPERATING PROFIT BEFORE DEPR. (EBITDA) 88 421 128 673 19 762 -17 163 -74 894

Depreciation from fixed assets 126 898 109 048 91 198 246 598 91 198

OPERATING PROFIT (EBIT) -38 476 19 625 -71 436 -263 761 -166 092

Net financing expenses 25 447 18 095 12 502 405 917 15 491

PROFIT BEFORE TAXES -63 923 1 530 -83 938 -669 678 -181 583

Income taxes 0 0 0 0 0

PROFIT FOR THE ROUND -63 923 1 530 -83 938 -669 678 -181 583

Balance sheet, k USD, USA

Company 1 Company 2 Company 3 Company 4 Company 5

ASSETS

Fixed assets 719 086 617 936 516 786 1 397 386 516 786

Inventory 182 338 381 961 190 990 1 894 729 25 227

Receivables 13 033 20 871 13 809 15 547 23 673

Cash and cash equivalents 2 000 2 000 195 720 2 000 373 558

Total assets 916 456 1 022 768 917 305 3 309 662 939 244

SHAREHOLDERS' EQUITY AND LIABILITIES

Equity

Share capital 300 000 300 000 300 000 315 000 300 000

Additional paid-in capital 0 0 0 129 379 0

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Profit for the round -63 923 1 530 -83 938 -669 678 -181 583

Retained earnings -90 992 -250 100 40 233 -681 886 -67 684

Total equity 145 085 51 430 256 295 -907 186 50 733

Liabilities

Long-term debts 509 789 309 789 509 789 1 009 789 509 789

Short-term debts (unplanned) 5 230 199 586 0 2 532 749 0

Internal loans 245 000 445 000 145 000 665 000 345 000

Payables 11 353 16 963 6 221 9 310 33 722

Total liabilities 771 372 971 338 661 010 4 216 847 888 511

Total shareholders' equity and liabilities 916 456 1 022 768 917 305 3 309 662 939 244

PARENT COMPANY'S CASH FLOW STATEMENT, k USD

Company 1 Company 2 Company 3 Company 4 Company 5

Cash provided by operating activities

Operating profit before depreciation (EBITDA) 88 421 128 673 19 762 -17 163 -74 894

Change in receivables (incr - / decr +) -2 209 -204 318 -429 -7 111

Change in inventories (incr - / decr +) 128 276 -84 787 49 107 -821 837 111 715

Change in payables (incr + / decr -) -1 330 -8 569 -4 028 -4 404 16 378

Net financing expenses -25 447 -18 095 -12 502 -405 917 -15 491

Income taxes 0 0 0 0 0

Total 187 712 17 018 52 658 -1 249 750 30 596

Cash provided by investment activities

Plant investments (-) / divestments (+) 0 0 0 -560 000 0

Cash flow before financing activities 187 712 17 018 52 658 -1 809 750 30 596

Cash provided by financing activities

Dividends 0 0 0 0 -30 000

Proceeds from equity issues and buybacks 0 0 0 0 0

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Dividends received from subsidiaries 0 0 0 0 32 818

Change in long-term debt (incr + / decr -) 0 0 0 300 000 0

Change in short-term debt (incr + / decr -) -187 712 182 982 0 1 259 750 0

Change in internal loans 0 -200 000 -300 000 250 000 300 000

Total -187 712 -17 018 -300 000 1 809 750 302 818

Change in cash and cash equivalents 0 0 -247 342 0 333 414

Cash 1.1. 2 000 2 000 443 062 2 000 40 144

Cash 31.12. 2 000 2 000 195 720 2 000 373 558

Profit and Loss statement, k USD, Asia

Company 1 Company 2 Company 3 Company 4 Company 5

Sales revenue

from markets 683 828 920 941 679 284 766 827 887 707

from internal transfers 14 488 150 495 96 469 171 590 0

Sales revenue total 698 316 1 071 436 775 753 938 417 887 707

Costs and expenses

Variable production costs 138 154 184 094 126 241 314 985 117 652

Feature costs 47 509 97 510 53 643 49 826 129 212

Contract manufacturing costs 0 169 913 179 718 104 145 0

Transportation and tariffs 13 087 48 620 0 0 62 194

R&D 0 17 368 57 833 18 333 66 666

Promotion 19 500 16 000 8 650 18 000 36 000

Administration 31 743 35 196 35 158 48 607 28 189

Costs of imported products 73 032 115 957 0 0 163 244

Costs and expenses total 323 025 684 657 461 243 553 896 603 156

OPERATING PROFIT BEFORE DEPR. (EBITDA) 375 291 386 779 314 510 384 521 284 551

Depreciation from fixed assets 102 000 140 400 129 600 222 000 88 800

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OPERATING PROFIT (EBIT) 273 291 246 379 184 910 162 521 195 751

Net financing expenses -10 621 216 -9 718 163 583 -8 425

PROFIT BEFORE TAXES 283 911 246 164 194 627 -1 063 204 176

Income taxes 53 943 46 771 36 979 0 38 793

PROFIT FOR THE ROUND 229 968 199 392 157 648 -1 063 165 383

Balance sheet, k USD, Asia

Company 1 Company 2 Company 3 Company 4 Company 5

ASSETS

Fixed assets 578 000 795 600 734 400 1 258 000 503 200

Inventory 0 13 728 0 155 891 0

Receivables 26 327 35 456 26 152 29 523 34 177

Cash and cash equivalents 401 912 2 000 351 966 2 000 90 649

Total assets 1 006 239 846 784 1 112 519 1 445 414 628 025

SHAREHOLDERS' EQUITY AND LIABILITIES

Equity

Share capital 20 000 20 000 20 000 20 000 20 000

Profit for the round 229 968 199 392 157 648 -1 063 165 383

Retained earnings 573 619 458 685 646 026 211 848 555 744

Total equity 823 587 678 078 823 674 230 785 741 127

Liabilities

Short-term debts (unplanned) 0 74 451 0 1 391 574 0

Internal loans 175 000 75 000 275 000 -195 000 -125 000

Payables 7 652 19 255 13 845 18 055 11 899

Total liabilities 182 652 168 706 288 845 1 214 629 -113 101

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Total shareholders' equity and liabilities 1 006 239 846 784 1 112 519 1 445 414 628 025

Profit and Loss statement, k USD, Europe

Company 1 Company 2 Company 3 Company 4 Company 5

Sales revenue

Sales revenue 218 792 468 845 412 119 430 881 727 909

Costs and expenses

Feature costs 16 320 35 624 22 121 30 977 93 371

Transportation and tariffs 11 875 18 473 14 744 15 219 37 291

Promotion 10 100 13 000 17 300 18 000 40 000

Administration 10 000 10 000 10 000 10 000 10 000

Costs of imported products 86 810 204 755 134 722 171 590 369 079

Costs and expenses total 135 104 281 853 198 887 245 785 549 740

OPERATING PROFIT BEFORE DEPR. (EBITDA) 83 688 186 993 213 232 185 095 178 169

Depreciation from fixed assets 0 0 0 0 0

OPERATING PROFIT (EBIT) 83 688 186 993 213 232 185 095 178 169

Net financing expenses -682 1 977 -424 9 263 -892

PROFIT BEFORE TAXES 84 370 185 016 213 655 175 833 179 061

Income taxes 26 155 57 355 66 233 54 508 55 509

PROFIT FOR THE ROUND 58 215 127 661 147 422 121 324 123 552

Balance sheet, k USD, Europe

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Company 1 Company 2 Company 3 Company 4 Company 5

ASSETS

Fixed assets 0 0 0 0 0

Receivables 8 423 18 051 15 867 16 589 28 024

Cash and cash equivalents 171 856 2 000 161 248 2 000 132 950

Total assets 180 280 20 051 177 115 18 589 160 974

SHAREHOLDERS' EQUITY AND LIABILITIES

Equity

Share capital 20 000 20 000 20 000 20 000 20 000

Profit for the round 58 215 127 661 147 422 121 324 123 552

Retained earnings 520 979 369 113 428 273 297 777 232 392

Total equity 599 194 516 774 595 696 439 102 375 944

Liabilities

Short-term debts (unplanned) 0 21 194 0 47 708 0

Internal loans -420 000 -520 000 -420 000 -470 000 -220 000

Payables 1 085 2 083 1 419 1 779 5 030

Total liabilities -418 915 -496 723 -418 581 -420 513 -214 970

Total shareholders' equity and liabilities 180 280 20 051 177 115 18 589 160 974

Ratios and key financial indicators

Ratios

Company 1 Company 2 Company 3 Company 4 Company 5

Market capitalization of the company, k USD 7 828 342 7 337 189 8 698 973 Err:Value 8 864 386

Shares outstanding at the end of round, k shares 30 000 30 000 30 000 31 500 30 000

Share price at the end of round, USD 260.94 244.57 289.97 Err:Value 295.48

Average trading price during the round, USD 234.59 236.04 280.76 33.35 255.47

Dividend yield, % 0.00 0.00 0.00 0.00 0.34

2023/4/9 12:37 Results for Universe 1, Round 3

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P/E ratio 34.91 22 39 n/a 83

Cumulative total shareholder return (p.a.), % 10.515 8.154 14.469 -99.746 15.485

Key financial indicators, %

Company 1 Company 2 Company 3 Company 4 Company 5

Operating profit before depreciation (EBITDA) 44.10 36.36 37.76 34.50 17.39

Operating profit (EBIT) 25.66 23.45 22.53 5.24 9.32

Return on sales (ROS) 18.07 17.01 15.25 -34.31 4.81

Equity ratio 74.55 65.95 75.93 n/a 67.57

Net debt to equity (gearing) -3.87 48.06 -11.88 n/a -7.48

Return on capital employed (ROCE) 15.43 28.80 15.75 2.20 12.68

Return on equity (ROE) 15.41 30.37 14.13 -1468.65 9.51

Earnings per share (EPS), USD 7.48 10.95 7.37 -17.44 3.58

Market report, global

Global market shares, %

Company 1 Company 2 Company 3 Company 4 Company 5

Total 14.84 23.25 15.67 18.40 27.84

Tech 1 16.55 24.06 13.45 15.68 30.27

Tech 2 11.16 21.50 20.45 24.27 22.62

Tech 3 0.00 0.00 0.00 0.00 0.00

Tech 4 0.00 0.00 0.00 0.00 0.00

Market report, USA

Company 1 Company 2 Company 3 Company 4 Company 5

2023/4/9 12:37 Results for Universe 1, Round 3

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Tech 1

Selling Price, USD 229 230 272 265 230

Number of offered features 3 4 4 4 6

Sales, k units 768 1 142 561 671 1 431

Demand, k units 768 1 142 561 671 1 431

Tech 2

Selling Price, USD 329 330 315 300 330

Number of offered features 2 3 2 2 5

Sales, k units 494 847 654 753 866

Demand, k units 494 847 654 753 866

Tech 3

Selling Price, USD

Number of offered features

Sales, k units

Demand, k units

Tech 4

Selling Price, USD

Number of offered features

Sales, k units

Demand, k units

USA market shares, %

Company 1 Company 2 Company 3 Company 4 Company 5

Total 15.42 24.29 14.84 17.40 28.05

Tech 1 16.80 24.96 12.27 14.67 31.29

Tech 2 13.67 23.44 18.10 20.84 23.95

Tech 3 0.00 0.00 0.00 0.00 0.00

Tech 4 0.00 0.00 0.00 0.00 0.00

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Market report, Asia

Company 1 Company 2 Company 3 Company 4 Company 5

Tech 1

Selling Price, RMB 1 799 1 600 1 900 1 850 1 600

Number of offered features 3 4 4 3 5

Sales, k units 2 339 3 657 1 839 2 135 4 157

Demand, k units 2 339 3 657 1 839 2 135 4 157

Tech 2

Selling Price, RMB 2 800 2 800 2 450 2 300 2 400

Number of offered features 2 3 2 2 4

Sales, k units 451 542 792 950 188

Demand, k units 451 542 792 950 938

Tech 3

Selling Price, RMB

Number of offered features

Sales, k units

Demand, k units

Tech 4

Selling Price, RMB

Number of offered features

Sales, k units

Demand, k units

Asia market shares, %

Company 1 Company 2 Company 3 Company 4 Company 5

Total 16.36 24.63 15.43 18.09 25.48

Tech 1 16.56 25.89 13.02 15.11 29.43

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Tech 2 15.44 18.54 27.09 32.51 6.43

Tech 3 0.00 0.00 0.00 0.00 0.00

Tech 4 0.00 0.00 0.00 0.00 0.00

Market report, Europe

Company 1 Company 2 Company 3 Company 4 Company 5

Tech 1

Selling Price, EUR 140 140 145 135 130

Number of offered features 3 4 3 4 6

Sales, k units 734 785 721 832 1 436

Demand, k units 734 785 721 832 1 436

Tech 2

Selling Price, EUR 255 270 280 240 270

Number of offered features 2 3 2 2 5

Sales, k units 259 933 763 917 1 389

Demand, k units 788 933 763 917 1 389

Tech 3

Selling Price, EUR

Number of offered features

Sales, k units

Demand, k units

Tech 4

Selling Price, EUR

Number of offered features

Sales, k units

Demand, k units

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Europe market shares, %

Company 1 Company 2 Company 3 Company 4 Company 5

Total 11.33 19.59 16.92 19.95 32.22

Tech 1 16.28 17.40 15.99 18.46 31.87

Tech 2 6.08 21.90 17.90 21.53 32.59

Tech 3 0.00 0.00 0.00 0.00 0.00

Tech 4 0.00 0.00 0.00 0.00 0.00

Production report

In-house manufacturing, k units

Company 1 Company 2 Company 3 Company 4 Company 5

USA

Tech 1 1 925 3 575 6 600 3 300

Tech 2 715 4 400 2 442

Tech 3

Tech 4

Asia

Tech 1 2 613 1 980 2 475 3 850 2 200

Tech 2 330 1 650

Tech 3

Tech 4

Contract manufacturing, k units

USA

Tech 1 50

Tech 2 150 1 275 900 900

Tech 3

Tech 4

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Asia

Tech 1

Tech 2 1 230 1 230 1 000

Tech 3

Tech 4

Capacity usage, %

USA

Tech 1 25 50 60 50

Tech 2 10 40 37

Tech 3

Tech 4

Free capacity 75.00 40.00 100.00 0.00 13.00

Asia

Tech 1 95 60 75 70 100

Tech 2 10 30

Tech 3

Tech 4

Free capacity 5.00 30.00 25.00 0.00 0.00

Inventory, k units

USA

Tech 1 2 745 1 412 2 501 11 426 416

Tech 2 0 2 251 312 9 316 0

Tech 3 0 0 0 0 0

Tech 4 0 0 0 0 0

Asia

Tech 1 0 0 0 883 0

Tech 2 0 85 0 782 0

Tech 3 0 0 0 0 0

Tech 4 0 0 0 0 0

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Inventory management costs, k USD 3 509 3 765 3 810 19 325 1 414

Origin of products sold in USA, k units

USA 1 262 1 989 1 215 1 424 2 297

Asia

Origin of products sold in Asia, k units

USA 451 1 677 2 145

Asia 2 339 2 522 2 631 3 085 2 200

Origin of products sold in Europe, k units

USA 719 785 409 2 825

Asia 274 933 1 074 1 749

Number of plants this round

USA 14 13 12 20 12

Asia 5 6 6 10 4

Number of plants next round

USA 14 13 12 20 12

Asia 5 11 7 10 6

Number of plants after next round

USA 14 13 12 20 12

Asia 5 11 7 10 6

Cost report

Logistics

Company 1 Company 2 Company 3 Company 4 Company 5

Average logistics cost per sold product, USD

Products sold in USA 0.00 0.00 0.00 0.00 0.00

Products sold in Asia 4.69 11.58 0.00 0.00 14.32

Products sold in Europe 11.96 10.76 9.94 8.70 13.20

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Production cost per unit, USD

USA

Tech 1 66.90 67.47 64.75 60.62

Tech 2 160.71 116.84 199.28

Tech 3

Tech 4

Asia

Tech 1 52.88 58.65 51.01 54.83 53.48

Tech 2 217.86 131.00

Tech 3

Tech 4

Contract manufacturing cost per unit, USD

USA

Tech 1 118.31

Tech 2 120.41 99.32 101.30 101.30

Tech 3

Tech 4

Asia

Tech 1

Tech 2 146.11 146.11 147.78

Tech 3

Tech 4

Average unit cost per sold product, USD

USA

Tech 1 66.07 69.16 63.73 67.84 64.30

Tech 2 161.83 139.77 101.30 128.18 199.28

Tech 3

Tech 4

Weighted average 103.55 99.23 83.95 99.74 115.16

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Asia

Tech 1 52.88 63.47 51.01 54.83 58.57

Tech 2 161.83 161.29 146.11 137.33 199.28

Tech 3

Tech 4

Weighted average 70.51 76.09 79.62 80.24 64.65

Europe

Tech 1 61.15 69.16 52.51 54.83 64.30

Tech 2 161.83 161.29 127.06 137.33 199.28

Tech 3

Tech 4

Weighted average 87.42 119.21 90.84 98.09 130.64

Production scrap, %

USA

Tech 1 1.41 1.48 1.41 1.39

Tech 2 2.06 1.66 2.35

Tech 3

Tech 4

Asia

Tech 1 2.19 2.38 2.14 2.19 2.15

Tech 2 4.13 2.92

Tech 3

Tech 4

Logistics details

Tech 1, k units

Company 1 Company 2 Company 3 Company 4 Company 5

USA

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Beginning inventory 2 049 1 440 3 148 5 448 1 941

Production 1 925 3 575 0 6 600 3 300

Contract manufacturing 0 0 0 50 0

Imported from Asia 0 0 0 0 0

Total products 3 974 5 015 3 148 12 098 5 241

Sales in USA -768 -1 142 -561 -671 -1 431

Exported to Asia 0 -1 677 0 0 -1 957

Exported to Europe -460 -785 -85 0 -1 436

Ending inventory 2 745 1 412 2 501 11 426 416

Unsatisfied demand 0 0 0 0 0

Asia

Beginning inventory 0 0 0 0 0

Production 2 613 1 980 2 475 3 850 2 200

Contract manufacturing 0 0 0 0 0

Imported from USA 0 1 677 0 0 1 957

Total products 2 613 3 657 2 475 3 850 4 157

Sales in Asia -2 339 -3 657 -1 839 -2 135 -4 157

Exported to USA 0 0 0 0 0

Exported to Europe -274 0 -636 -832 0

Ending inventory 0 0 0 883 0

Unsatisfied demand 0 0 0 0 0

Europe

Imported from USA 460 785 85 0 1 436

Imported from Asia 274 0 636 832 0

Total products 734 785 721 832 1 436

Sales in Europe -734 -785 -721 -832 -1 436

Unsatisfied demand 0 0 0 0 0

Tech 2, k units

Company 1 Company 2 Company 3 Company 4 Company 5

USA

Beginning inventory 1 054 1 108 390 4 769 0

Production 0 715 0 4 400 2 442

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Contract manufacturing 150 1 275 900 900 0

Imported from Asia 0 0 0 0 0

Total products 1 204 3 098 1 290 10 069 2 442

Sales in USA -494 -847 -654 -753 -866

Exported to Asia -451 0 0 0 -188

Exported to Europe -259 0 -324 0 -1 389

Ending inventory 0 2 251 312 9 316 0

Unsatisfied demand 0 0 0 0 0

Asia

Beginning inventory 0 0 0 0 0

Production 0 330 0 1 650 0

Contract manufacturing 0 1 230 1 230 1 000 0

Imported from USA 451 0 0 0 188

Total products 451 1 560 1 230 2 650 188

Sales in Asia -451 -542 -792 -950 -188

Exported to USA 0 0 0 0 0

Exported to Europe 0 -933 -438 -917 0

Ending inventory 0 85 0 782 0

Unsatisfied demand 0 0 0 0 750

Europe

Imported from USA 259 0 324 0 1 389

Imported from Asia 0 933 438 917 0

Total products 259 933 763 917 1 389

Sales in Europe -259 -933 -763 -917 -1 389

Unsatisfied demand 529 0 0 0 0

Tech 3, k units

Company 1 Company 2 Company 3 Company 4 Company 5

USA

Beginning inventory

Production

Contract manufacturing

Imported from Asia

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Total products

Sales in USA

Exported to Asia

Exported to Europe

Ending inventory

Unsatisfied demand

Asia

Beginning inventory

Production

Contract manufacturing

Imported from USA

Total products

Sales in Asia

Exported to USA

Exported to Europe

Ending inventory

Unsatisfied demand

Europe

Imported from USA

Imported from Asia

Total products

Sales in Europe

Unsatisfied demand

Tech 4, k units

Company 1 Company 2 Company 3 Company 4 Company 5

USA

Beginning inventory

Production

Contract manufacturing

Imported from Asia

Total products

Sales in USA

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Exported to Asia

Exported to Europe

Ending inventory

Unsatisfied demand

Asia

Beginning inventory

Production

Contract manufacturing

Imported from USA

Total products

Sales in Asia

Exported to USA

Exported to Europe

Ending inventory

Unsatisfied demand

Europe

Imported from USA

Imported from Asia

Total products

Sales in Europe

Unsatisfied demand

Cost report - Transportation cost incl. tariffs per sold product, USD

Company 1 Company 2 Company 3 Company 4 Company 5

USA

Tech 1 0 0 0 0 0

Tech 2 0 0 0 0 0

Tech 3

Tech 4

Asia

Tech 1 0 13 0 0 14

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Tech 2 29 0 0 0 29

Tech 3

Tech 4

Europe

Tech 1 12 13 9 9 13

Tech 2 13 9 11 9 13

Tech 3

Tech 4