Xinchen China Power Holdings Limited (HKG:1148)

HKG:1148 Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	132.68	272.55	85.57	23.84	59.06	12.85
Short-Term Investments	-	-	12.16	-	-	-
Cash & Short-Term Investments	132.68	272.55	97.73	23.84	59.06	12.85
Cash Growth	43.51%	178.89%	309.95%	-59.64%	359.50%	-76.75%
Accounts Receivable	685.76	1,002	2,499	2,348	768.85	268.67
Other Receivables	128.87	3.75	22.11	17.71	8.99	21.78
Receivables	814.63	1,006	2,521	2,365	777.84	290.46
Inventory	572.65	457.1	509.4	518.12	502.57	490.73
Other Current Assets	37.49	40.99	101.42	105.08	148.62	273.94
Total Current Assets	1,557	1,776	3,230	3,012	1,488	1,068
Property, Plant & Equipment	1,322	1,205	1,370	1,528	1,708	1,880
Long-Term Investments	238.12	249.65	271.72	291.88	211.26	-
Long-Term Deferred Tax Assets	17.84	6.14	8.54	10.58	16.04	19.55
Long-Term Deferred Charges	502.84	502.42	482.26	535.34	603.38	646.68
Other Long-Term Assets	177.7	105.33	109.45	113.57	117.7	335.51
Total Assets	3,826	3,854	5,478	5,501	4,156	3,965

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	643.01	1,080	2,631	2,562	518.42	817.03
Accrued Expenses	64.25	19.79	26.49	21.67	70.58	30.69
Short-Term Debt	-	-	-	52.49	60	70
Current Portion of Long-Term Debt	564.18	551.71	446.15	486.59	491.74	998.23
Current Portion of Leases	0.52	136.74	136.73	140.04	170.02	2.1
Current Income Taxes Payable	2.71	0.34	0.4	1.44	1.05	-
Current Unearned Revenue	15.47	25.2	13	9.48	4.91	9.62
Other Current Liabilities	81.44	35	39.61	34.1	498.94	47.09
Total Current Liabilities	1,372	1,849	3,293	3,308	1,816	1,975
Long-Term Debt	566.98	107.8	156.75	64.24	108.18	172.06
Long-Term Leases	-	127.53	263.21	397.8	537.84	2.16
Long-Term Unearned Revenue	5.14	6.96	10.59	14.89	19.52	25.24
Total Liabilities	1,944	2,092	3,724	3,785	2,481	2,174

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	10.46	10.46	10.46	10.46	10.46	10.46
Additional Paid-In Capital	-	700.26	700.26	700.26	700.26	700.26
Retained Earnings	-	861.6	852.98	814.81	773.74	889.57
Comprehensive Income & Other	1,770	190.49	190.46	190.49	190.47	190.33
Shareholders' Equity	1,882	1,763	1,754	1,716	1,675	1,791
Total Liabilities & Equity	3,826	3,854	5,478	5,501	4,156	3,965

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	1,132	923.78	1,003	1,141	1,368	1,245
Net Cash (Debt)	-998.99	-651.23	-905.12	-1,117	-1,309	-1,232
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.78	-0.51	-0.71	-0.87	-1.02	-0.96
Filing Date Shares Outstanding	1,282	1,282	1,282	1,282	1,282	1,282
Total Common Shares Outstanding	1,282	1,282	1,282	1,282	1,282	1,282
Working Capital	185.87	-72.99	-63.29	-295.69	-327.58	-906.78
Book Value Per Share	1.39	1.37	1.37	1.34	1.31	1.40
Tangible Book Value	1,781	1,763	1,754	1,716	1,675	1,791
Tangible Book Value Per Share	1.39	1.37	1.37	1.34	1.31	1.40
Buildings	-	870.54	869.44	869.47	869.02	950.41
Machinery	-	1,371	1,403	1,389	1,216	2,348
Construction In Progress	-	58.76	63.56	51.33	209.04	230.65

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Aug 26, 2026

Data Sources Report a data error