Xinyuan Real Estate 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	1,123	689.36	916.46	1,953	2,709	6,051
Short-Term Investments	-	22.67	38.45	82.72	541.31	39.9
Cash & Short-Term Investments	1,123	712.03	954.9	2,036	3,250	6,091
Cash Growth	73.73%	-25.44%	-53.09%	-37.37%	-46.64%	30.91%
Accounts Receivable	37.92	307.3	313.79	224.76	378.04	627.52
Other Receivables	16,110	1,641	1,860	1,835	1,165	13.09
Receivables	16,148	2,159	2,404	2,321	1,979	1,007
Inventory	29,507	23,407	23,456	22,603	18,230	22,523
Restricted Cash	-	422.92	720.27	1,915	1,568	659.64
Other Current Assets	2,506	4,251	4,325	4,848	5,375	6,286
Total Current Assets	49,284	30,952	31,861	33,722	30,402	36,566
Property, Plant & Equipment	223.07	2,336	2,480	2,814	3,043	3,489
Long-Term Investments	749.77	495.6	523.22	637.81	4,239	5,708
Long-Term Accounts Receivable	-	185.2	242.9	362.21	223	187.42
Long-Term Deferred Tax Assets	895.3	2,061	2,012	2,100	1,925	1,779
Long-Term Deferred Charges	17.22	-	-	-	-	-
Other Long-Term Assets	2,789	622.74	692.72	706.92	1,119	2,341
Total Assets	53,966	36,660	37,819	40,351	40,951	50,070
Accounts Payable	11,613	7,242	7,260	6,554	7,207	8,076
Accrued Expenses	58.85	3,531	2,737	1,967	1,216	1,145
Short-Term Debt	29.5	455.2	448.82	562.8	631.89	104.6
Current Portion of Long-Term Debt	-	7,902	8,976	11,402	9,335	9,115
Current Portion of Leases	-	5.45	15.8	26.08	48.4	45.6
Current Income Taxes Payable	1,812	1,931	2,091	1,664	1,582	1,816
Current Unearned Revenue	17,224	3,838	5,247	8,832	7,384	6,221
Other Current Liabilities	14,306	2,844	2,626	2,050	2,946	3,092
Total Current Liabilities	45,043	27,750	29,402	33,058	30,351	29,616
Long-Term Debt	6,831	4,816	4,454	2,798	4,886	10,459
Long-Term Leases	-	0.57	2.4	22.83	8.17	20.63
Long-Term Deferred Tax Liabilities	326.06	2,913	2,467	2,966	2,181	2,546
Other Long-Term Liabilities	331.52	761.35	730.7	935	899.15	730.73
Total Liabilities	52,552	36,240	37,057	39,780	38,326	43,372
Common Stock	2,256	0.13	0.12	0.11	0.1	0.11
Additional Paid-In Capital	-	3,899	3,876	3,759	3,458	3,605
Retained Earnings	-1,133	-3,586	-3,098	-3,291	-1,329	1,385
Treasury Stock	-	-851.03	-828.17	-800.5	-737.29	-757.72
Comprehensive Income & Other	341.53	-222.78	-188.64	-149.09	221.85	111.67
Total Common Equity	1,465	-760.38	-239.17	-482.03	1,614	4,345
Minority Interest	-50.72	1,179	1,001	1,053	1,011	2,353
Shareholders' Equity	1,414	419.07	761.65	571	2,625	6,698
Total Liabilities & Equity	53,966	36,660	37,819	40,351	40,951	50,070
Total Debt	6,861	13,179	13,897	14,812	14,910	19,745
Net Cash (Debt)	-5,738	-12,467	-12,942	-12,776	-11,660	-13,655
Net Cash Per Share	-	-2221.55	-2426.11	-2369.26	-2173.67	-2538.75
Filing Date Shares Outstanding	-	5.61	5.61	5.4	5.39	5.39
Total Common Shares Outstanding	-	5.64	5.68	5.4	5.39	5.35
Working Capital	4,241	3,202	2,458	663.84	51.05	6,950
Book Value Per Share	-	-134.80	-42.08	-89.24	299.60	812.59
Tangible Book Value	1,457	-760.38	-239.17	-482.03	1,614	4,345
Tangible Book Value Per Share	-	-134.80	-42.08	-89.24	299.60	812.59
Buildings	-	-	-	122.14	122.88	154.9
Machinery	-	218.74	472.26	91	99.57	109.16

Source: S&P Global Market Intelligence. Standard template. Financial Sources.