Beijing Xunzhong Communication Technology Co., Ltd. (HKG:2597)

HKG:2597 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	29.55	219.29	7.29	76.7	48.78	45.78
Short-Term Investments	-	-	-	6.3	7.37	-
Cash & Short-Term Investments	29.55	219.29	7.29	83	56.15	45.78
Cash Growth	-61.40%	2909.79%	-91.22%	47.80%	22.66%	-0.81%
Accounts Receivable	899.51	601.68	880.95	608.61	551.67	410.44
Other Receivables	29.31	39.23	30.85	0.69	0.71	4.3
Receivables	928.82	640.91	911.79	609.3	552.38	414.74
Inventory	5.55	6.39	1.93	3.07	3.09	11.93
Prepaid Expenses	-	-	-	450.13	343.29	-
Other Current Assets	1,011	1,021	537.13	28.44	14.73	278.01
Total Current Assets	1,975	1,887	1,458	1,174	969.64	750.46
Property, Plant & Equipment	3.97	5.99	10.17	16.8	8.05	13.75
Long-Term Investments	-	-	-	1.7	2.49	3.47
Goodwill	-	-	-	3.89	5.12	5.12
Long-Term Accounts Receivable	-	-	0.19	0.21	0.22	-
Long-Term Deferred Tax Assets	14.24	11.07	13.85	8.03	6.76	5.57
Long-Term Deferred Charges	0.51	0.82	1.7	-	-	5.51
Total Assets	1,994	1,905	1,484	1,205	992.28	783.89

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	11.88	1.89	1.78	84.69	92.2	0
Accrued Expenses	172.87	176.32	209.8	12.44	9.42	98.93
Short-Term Debt	328.24	316.36	255.29	28.57	-	102.47
Current Portion of Long-Term Debt	-	5.02	0.01	214.07	139.2	-
Current Portion of Leases	2.38	4.71	5.72	5.39	1.34	9.2
Current Income Taxes Payable	0.04	5.8	5.46	1.4	7.11	5.7
Current Unearned Revenue	60.52	42.5	51.22	53.21	23.46	19.28
Other Current Liabilities	127.39	82.23	100.93	1.74	5.03	4.09
Total Current Liabilities	703.33	634.83	630.22	401.51	277.75	239.67
Long-Term Debt	27.93	19.95	10	5.01	-	-
Long-Term Leases	0.1	0.35	3.46	8.3	0.01	0.13
Long-Term Unearned Revenue	-	-	-	-	-	0.94
Long-Term Deferred Tax Liabilities	-	-	0	-	0.08	1.84
Other Long-Term Liabilities	-	0.51	0.51	-	-	-
Total Liabilities	731.36	655.64	644.19	414.82	277.83	242.58

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	121.75	121.75	91.31	91.31	91.31	84.69
Additional Paid-In Capital	-	562.97	258.91	258.91	258.91	166.48
Retained Earnings	581.26	567.99	494.97	441.43	363.81	287.83
Comprehensive Income & Other	558.72	-4.25	-4.25	-3.42	-2.13	-1.57
Total Common Equity	1,262	1,248	840.94	788.23	711.89	537.44
Minority Interest	0.52	0.92	-1.09	1.52	2.55	3.87
Shareholders' Equity	1,262	1,249	839.86	789.74	714.45	541.3
Total Liabilities & Equity	1,994	1,905	1,484	1,205	992.28	783.89

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	358.66	346.39	274.48	261.35	140.54	111.79
Net Cash (Debt)	-329.11	-127.1	-267.19	-178.35	-84.39	-66.01
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.73	-1.20	-2.94	-1.95	-0.94	-0.78
Filing Date Shares Outstanding	121.75	121.75	121.75	91.31	91.31	84.69
Total Common Shares Outstanding	121.75	121.75	91.31	91.31	91.31	84.69
Working Capital	1,272	1,252	827.92	772.42	691.9	510.79
Book Value Per Share	10.36	10.25	9.21	8.63	7.80	6.35
Tangible Book Value	1,262	1,248	840.94	784.33	706.77	532.32
Tangible Book Value Per Share	10.36	10.25	9.21	8.59	7.74	6.29
Machinery	23.04	23.5	23.51	23.35	23.39	21.72
Leasehold Improvements	-	-	-	14.04	12.79	-

Data Source: S&P Global Market Intelligence Last updated: Aug 31, 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 10, 2026

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