Zhixin Group Holding Limited (HKG:2187)

Zhixin Group Holding 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	10.13	42.88	19.04	25.87	17.48	107.2
Cash & Short-Term Investments	10.13	42.88	19.04	25.87	17.48	107.2
Cash Growth	-35.51%	125.27%	-26.41%	47.95%	-83.69%	251.64%
Accounts Receivable	257.56	394.78	451.22	596.84	692.39	634.41
Other Receivables	17.93	8.96	12.93	11.49	8.9	5.76
Receivables	275.49	403.74	464.15	608.33	701.29	640.17
Inventory	29.55	19.93	31.79	89.67	48.1	48.85
Restricted Cash	-	-	-	0.5	0	8.71
Other Current Assets	153.56	21.36	16.26	14.22	17.61	4.89
Total Current Assets	468.73	487.91	531.23	738.59	784.47	809.82
Property, Plant & Equipment	758.33	676.29	512.67	509.12	494.95	324.7
Long-Term Investments	10	10	-	-	-	-
Goodwill	-	39.3	39.3	39.3	39.3	39.3
Other Intangible Assets	39.33	0.09	0.11	0.16	0.22	0.16
Long-Term Accounts Receivable	6.9	8.42	13.81	24.89	25.39	30.73
Long-Term Deferred Tax Assets	6.57	6.57	4.45	5.02	4.41	3.39
Other Long-Term Assets	170.84	60.57	31.09	35.18	36.36	40.83
Total Assets	1,461	1,289	1,133	1,352	1,385	1,249

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	229.41	349.88	299.17	328.51	348.41	328.29
Accrued Expenses	6.78	9.18	23.91	21.31	25.79	41.34
Short-Term Debt	19.45	27.44	38.06	11.87	19.59	-
Current Portion of Long-Term Debt	183.99	150.85	197.56	290.48	282.3	259.04
Current Portion of Leases	-	-	-	-	-	7.83
Current Income Taxes Payable	-	5.39	1.83	6.93	1.72	10.53
Current Unearned Revenue	12.41	4.16	5.05	4.39	2.28	1.9
Other Current Liabilities	123.6	33.15	38.14	54.05	64.58	71.54
Total Current Liabilities	575.64	580.05	603.72	717.53	744.67	720.46
Long-Term Debt	420.07	351.8	132.69	163.71	186.21	65.95
Long-Term Leases	-	-	-	-	-	4.42
Long-Term Unearned Revenue	59.98	35.68	12.06	11.14	1.84	2.12
Long-Term Deferred Tax Liabilities	2.1	2.21	6.23	6.72	9.32	14.17
Total Liabilities	1,058	969.73	754.71	899.1	942.03	807.12

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	7.7	6.36	6.36	6.36	6.36	6.36
Additional Paid-In Capital	310.77	220.97	220.97	220.97	220.97	220.97
Retained Earnings	-42.7	-35.04	23.49	98.69	88.61	87.36
Comprehensive Income & Other	127.14	127.14	127.14	127.14	127.14	127.14
Shareholders' Equity	402.91	319.42	377.95	453.15	443.07	441.82
Total Liabilities & Equity	1,461	1,289	1,133	1,352	1,385	1,249

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	623.51	530.09	368.31	466.06	488.1	337.23
Net Cash (Debt)	-613.39	-487.2	-349.27	-440.2	-470.61	-230.04
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.78	-0.65	-0.47	-0.59	-0.63	-0.33
Filing Date Shares Outstanding	897.6	748	748	748	748	748
Total Common Shares Outstanding	897.6	748	748	748	748	748
Working Capital	-106.91	-92.13	-72.48	21.06	39.81	89.36
Book Value Per Share	0.45	0.43	0.51	0.61	0.59	0.59
Tangible Book Value	363.58	280.03	338.55	413.69	403.56	402.36
Tangible Book Value Per Share	0.41	0.37	0.45	0.55	0.54	0.54
Buildings	-	251.91	229.54	229.05	97.36	96.92
Machinery	-	240.55	261.51	292.74	189.37	186.83
Construction In Progress	-	240.67	78.04	19.54	221.78	31.96

Data Source: S&P Global Market Intelligence Last updated: Aug 28, 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:

Sep 13, 2026

Data Sources Report a data error