Xinda Investment Holdings Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	44.28	41.65	227.71	205.38	222.32	155.45
Short-Term Investments	209.95	227.08	43.05	33.92	31.69	46.11
Trading Asset Securities	-	-	-	-	-	47.06
Cash & Short-Term Investments	254.23	268.73	270.76	239.31	254.01	248.62
Cash Growth	-2.28%	-0.75%	13.14%	-5.79%	2.17%	-6.14%
Accounts Receivable	403.23	391.65	395.85	372.95	367.68	373.6
Other Receivables	-	-	-	-	53.66	47.61
Receivables	403.23	391.65	395.85	372.95	421.33	421.21
Inventory	2.77	2.95	4.86	6.67	30.81	28.99
Restricted Cash	13.08	1.89	0.04	7.82	18.34	0.14
Other Current Assets	-0.1	-0.1	0.75	2.44	4.14	45
Total Current Assets	673.21	665.11	672.26	629.17	728.63	743.96
Property, Plant & Equipment	281.01	297.26	355.66	437.05	447.65	458.94
Long-Term Investments	-	-	-	-	265.85	263.4
Goodwill	9.82	9.82	9.82	17.12	0.91	0.91
Other Intangible Assets	53.69	55.04	57.62	60.29	3.8	5.88
Long-Term Deferred Tax Assets	3.77	3.59	3.25	3.53	33.04	71.69
Other Long-Term Assets	37.74	37.82	37.99	32.65	19.73	9.61
Total Assets	1,059	1,069	1,137	1,180	1,500	1,554
Accounts Payable	24.48	16.09	15.85	17.59	23.56	32.92
Accrued Expenses	50.95	41.98	36.86	39.21	41.33	36
Current Portion of Long-Term Debt	41.6	43	26.9	25.8	24.7	24.4
Current Portion of Leases	0.67	0.89	2.77	0.7	0.63	2.73
Current Income Taxes Payable	11.74	11.75	11.73	12.06	12.25	10.6
Current Unearned Revenue	0.66	7.94	8.9	8.67	14.24	11.94
Total Current Liabilities	130.1	121.65	103.01	104.02	116.7	118.59
Long-Term Debt	77.85	90.6	133.6	160.5	186.3	211
Long-Term Leases	11.92	11.91	10.49	12.46	12.11	9.21
Long-Term Unearned Revenue	21.22	21.48	22.3	17.67	2.07	2.17
Long-Term Deferred Tax Liabilities	14.85	15.02	15.78	18.85	10.85	11.49
Total Liabilities	255.94	260.66	285.18	313.5	328.03	352.46
Common Stock	12.26	12.26	12.26	12.26	12.26	12.26
Additional Paid-In Capital	1,090	1,090	1,090	1,090	1,090	1,090
Retained Earnings	-300.21	-296.46	-272.05	-253.87	52.5	79.34
Comprehensive Income & Other	15.94	15.05	17.54	12.03	11.39	12.99
Total Common Equity	818.35	821.2	848.11	860.77	1,166	1,195
Minority Interest	-15.04	-13.2	3.31	5.53	5.09	6.99
Shareholders' Equity	803.31	807.99	851.41	866.3	1,172	1,202
Total Liabilities & Equity	1,059	1,069	1,137	1,180	1,500	1,554
Total Debt	132.03	146.4	173.75	199.46	223.74	247.34
Net Cash (Debt)	122.2	122.33	97	39.84	30.27	1.28
Net Cash Growth	22.56%	26.11%	143.46%	31.63%	2262.84%	-
Net Cash Per Share	0.08	0.08	0.07	0.03	0.02	0.00
Filing Date Shares Outstanding	1,485	1,485	1,485	1,485	1,485	1,485
Total Common Shares Outstanding	1,485	1,485	1,485	1,485	1,485	1,485
Working Capital	543.11	543.46	569.25	525.15	611.93	625.37
Book Value Per Share	0.55	0.55	0.57	0.58	0.79	0.80
Tangible Book Value	754.84	756.33	780.66	783.36	1,162	1,188
Tangible Book Value Per Share	0.51	0.51	0.53	0.53	0.78	0.80
Buildings	-	16.92	16.92	16.92	16.99	16.99
Machinery	-	580.3	580.11	578.72	567.51	539.96
Construction In Progress	-	-	0.03	0.03	4.35	4.36

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.