XXF Group Holdings Limited (HKG:2473)

XXF Group Holdings Balance Sheet

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

Assets

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	371.84	340.6	267.73	201.08	79.37
Short-Term Investments	26.59	33.87	19.15	18.53	24.27
Cash & Short-Term Investments	398.43	374.47	286.89	219.61	103.65
Cash Growth	6.40%	30.53%	30.64%	111.88%	309.56%
Accounts Receivable	858.27	770.65	699.15	570	471.14
Other Receivables	225.2	156.16	127.32	121.7	105.33
Receivables	1,083	926.81	826.47	691.7	576.47
Inventory	404.25	287.76	218.36	255.87	203.1
Prepaid Expenses	92.76	75.9	66.96	64.42	54.8
Restricted Cash	3.9	-	5.65	4.53	5
Other Current Assets	-	-	44.5	5.17	4.48
Total Current Assets	1,983	1,665	1,449	1,241	947.5
Property, Plant & Equipment	641.27	494.33	428.07	367.7	353.14
Long-Term Investments	48.3	48.53	20.02	21.65	25.99
Other Intangible Assets	21.43	20.62	19.7	21.78	24.12
Long-Term Accounts Receivable	1,104	1,051	967.38	910.27	832.57
Long-Term Deferred Tax Assets	6.81	-	-	3.9	6.62
Other Long-Term Assets	22.46	30.6	36.89	32.16	13.04
Total Assets	3,827	3,310	2,921	2,599	2,203

Liabilities

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	42.69	80.58	135.52	105.86	68.46
Accrued Expenses	37	34.25	22.87	27.68	20.57
Current Portion of Long-Term Debt	1,464	1,152	919.95	828.57	726.6
Current Portion of Leases	6.67	5.72	6.76	6.09	5.78
Current Income Taxes Payable	18.52	14.06	9.58	8.79	11.23
Current Unearned Revenue	10.78	10	5.57	6.99	1.64
Other Current Liabilities	36.16	45.24	81.55	215.55	260.43
Total Current Liabilities	1,616	1,342	1,182	1,200	1,095
Long-Term Debt	1,323	1,130	945.71	884.84	656.22
Long-Term Leases	5.78	5.48	8.14	7.77	8.52
Long-Term Deferred Tax Liabilities	3.87	5	3.8	-	-
Total Liabilities	2,949	2,482	2,139	2,092	1,759

Shareholders' Equity

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	4.66	4.66	4.66	2.86	2.86
Additional Paid-In Capital	485.19	485.19	485.19	326.07	326.07
Retained Earnings	336.37	296.86	305.3	192.82	113.91
Comprehensive Income & Other	46.07	35.43	-19.65	-21.51	-7.53
Total Common Equity	872.28	822.13	775.49	500.24	435.3
Minority Interest	5.67	5.72	5.96	6.38	8.21
Shareholders' Equity	877.94	827.85	781.45	506.61	443.51
Total Liabilities & Equity	3,827	3,310	2,921	2,599	2,203

Additional Metrics

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	2,800	2,293	1,881	1,727	1,397
Net Cash (Debt)	-2,401	-1,918	-1,594	-1,508	-1,293
Net Cash Growth	-	-	-	-	-
Net Cash Per Share	-1.47	-1.18	-1.24	-1.22	-1.12
Filing Date Shares Outstanding	1,547	1,547	1,547	959.24	959.24
Total Common Shares Outstanding	1,547	1,547	1,547	959.24	959.24
Working Capital	366.6	323.17	267.03	41.77	-147.23
Book Value Per Share	0.56	0.53	0.50	0.52	0.45
Tangible Book Value	850.85	801.51	755.79	478.46	411.18
Tangible Book Value Per Share	0.55	0.52	0.49	0.50	0.43
Buildings	4.64	4.64	4.64	4.64	4.64
Machinery	899.63	745.63	644.92	541.39	521.54
Leasehold Improvements	31.7	30.31	29.28	26.41	26.07

Data Source: S&P Global Market Intelligence Last updated: Dec 31, 2025

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:

Jul 26, 2026

Data Sources Report a data error