Harbin Electric Company Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	15,246	16,049	18,677	17,301	13,602
Short-Term Investments	-	1,972	2,339	1.28	300.7
Trading Asset Securities	2	2	603.15	202.38	1.59
Cash & Short-Term Investments	15,248	18,022	21,620	17,504	13,904
Cash Growth	-15.39%	-16.64%	23.51%	25.89%	8.23%
Accounts Receivable	16,017	16,222	15,884	17,300	19,298
Other Receivables	1,048	1,513	1,670	2,613	1,552
Receivables	17,065	17,930	17,779	20,202	22,160
Inventory	18,856	14,582	10,977	9,405	9,277
Other Current Assets	13,781	9,675	10,251	6,412	6,159
Total Current Assets	64,950	60,209	60,627	53,524	51,501
Property, Plant & Equipment	7,251	6,706	5,661	6,195	6,163
Long-Term Investments	3,275	1,903	1,833	1,222	634.4
Goodwill	-	9.09	34.52	23.92	23.92
Other Intangible Assets	1,031	959.59	937.85	920.27	961.52
Long-Term Accounts Receivable	-	440.69	554.31	398.96	251.45
Long-Term Deferred Tax Assets	792.65	603.82	625.36	723.81	738.01
Long-Term Deferred Charges	91.1	243.25	213.82	102.62	113.71
Other Long-Term Assets	1,272	872.38	810.74	172.97	192.1
Total Assets	78,663	71,946	71,297	63,284	60,610
Accounts Payable	15,744	18,911	22,349	20,845	21,134
Accrued Expenses	1,153	1,493	1,344	1,243	854.17
Short-Term Debt	3,858	4,482	3,285	4,813	5,375
Current Portion of Long-Term Debt	322.78	377.01	1,073	376.8	1,189
Current Portion of Leases	-	4.96	1.07	25.26	-
Current Income Taxes Payable	527.33	119.3	15.29	4.95	23.06
Current Unearned Revenue	34,085	26,489	23,134	17,430	15,046
Other Current Liabilities	1,861	1,317	1,668	1,121	831.57
Total Current Liabilities	57,550	53,192	52,869	45,859	44,452
Long-Term Debt	252.16	810.49	1,748	2,392	1,033
Long-Term Leases	3.49	8.94	11.01	88.42	-
Long-Term Unearned Revenue	277.26	175.12	179.97	236.32	264.22
Pension & Post-Retirement Benefits	251.06	279.89	319.89	345.49	386.1
Long-Term Deferred Tax Liabilities	5.25	9.77	6.58	10.22	-
Other Long-Term Liabilities	1,847	1,280	1,574	1,978	2,280
Total Liabilities	60,187	55,756	56,709	50,910	48,416
Common Stock	2,236	2,236	2,236	1,707	1,707
Additional Paid-In Capital	-	5,456	5,461	4,298	4,339
Retained Earnings	9,952	7,796	6,213	5,587	5,489
Comprehensive Income & Other	5,613	-5.78	-45.32	135.96	34.63
Total Common Equity	17,801	15,483	13,865	11,728	11,569
Minority Interest	674.79	707.1	723.09	645.91	625.99
Shareholders' Equity	18,476	16,190	14,588	12,374	12,195
Total Liabilities & Equity	78,663	71,946	71,297	63,284	60,610
Total Debt	4,437	5,683	6,119	7,695	7,597
Net Cash (Debt)	10,811	12,339	15,501	9,809	6,307
Net Cash Growth	-12.38%	-20.40%	58.03%	55.53%	10.36%
Net Cash Per Share	-	5.52	8.44	5.77	3.70
Filing Date Shares Outstanding	-	2,236	2,236	1,707	1,707
Total Common Shares Outstanding	-	2,236	2,236	1,707	1,707
Working Capital	7,401	7,016	7,757	7,665	7,049
Book Value Per Share	-	6.92	6.20	6.87	6.78
Tangible Book Value	16,770	14,514	12,892	10,784	10,583
Tangible Book Value Per Share	-	6.49	5.77	6.32	6.20
Buildings	-	5,349	5,148	5,642	5,203
Machinery	-	9,211	8,770	9,989	9,680
Construction In Progress	-	1,274	652.74	209.9	750.21

Source: S&P Global Market Intelligence. Standard template. Financial Sources.