China XD Electric 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	Sep '25 Sep 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	8,813	10,423	9,506	7,404	5,568	3,966
Short-Term Investments	567.32	935.47	494.67	262.04	100.25	-
Trading Asset Securities	457.19	260.26	876.49	1,878	2,284	2,456
Cash & Short-Term Investments	9,838	11,619	10,877	9,545	7,952	6,423
Cash Growth	3.75%	6.82%	13.96%	20.02%	23.82%	-5.76%
Accounts Receivable	13,238	13,687	14,576	15,347	12,605	13,564
Other Receivables	400.22	625.02	443.83	559.88	500.32	448.13
Receivables	13,639	14,312	15,020	16,398	14,516	15,821
Inventory	5,672	4,720	3,545	3,988	4,621	4,324
Prepaid Expenses	-	136.02	82.23	100.34	83.29	15.53
Other Current Assets	4,332	1,174	1,677	1,087	1,772	1,034
Total Current Assets	33,480	31,960	31,202	31,118	28,944	27,617
Property, Plant & Equipment	5,643	5,540	4,281	4,430	4,538	4,518
Long-Term Investments	2,964	3,175	3,532	1,476	655.99	245.82
Goodwill	23.72	23.72	23.72	24.55	25.74	-
Other Intangible Assets	1,798	2,039	1,947	1,745	1,688	1,716
Long-Term Accounts Receivable	-	2,199	1,857	1,768	2,172	1,290
Long-Term Deferred Tax Assets	796.64	699.7	612.67	489.34	466.45	422.09
Long-Term Deferred Charges	237.17	143.77	301.43	275.13	284.02	251.21
Other Long-Term Assets	2,719	353.07	222.56	162.71	99.08	122.46
Total Assets	47,662	46,133	43,978	41,488	38,873	36,182
Accounts Payable	13,161	12,415	9,818	9,559	8,374	9,088
Accrued Expenses	182.81	292.36	1,431	1,158	922.4	1,019
Short-Term Debt	756.35	864.93	1,346	1,753	149.95	461.55
Current Portion of Long-Term Debt	10.28	3.8	18.8	23.8	18.8	3.8
Current Portion of Leases	-	17.58	11.26	34.63	27.28	-
Current Income Taxes Payable	214.55	80.56	133.38	80.89	39.03	71.5
Current Unearned Revenue	5,066	4,724	3,835	2,401	2,967	1,536
Other Current Liabilities	972.45	1,106	1,076	1,987	2,590	1,530
Total Current Liabilities	20,364	19,504	17,668	16,998	15,088	13,710
Long-Term Debt	188.82	329.87	170.57	57.2	81.1	132.86
Long-Term Leases	9.93	13.4	8.88	29.95	38.4	-
Long-Term Unearned Revenue	975.65	942.76	779.58	534.78	628.32	683.63
Pension & Post-Retirement Benefits	-	131.85	106.74	116.49	110.47	135.25
Long-Term Deferred Tax Liabilities	169.8	171.95	173.75	124.78	119.65	92.7
Other Long-Term Liabilities	339.46	210.1	561.07	511.84	531.9	570.32
Total Liabilities	22,047	21,304	19,469	18,373	16,598	15,325
Common Stock	5,126	5,126	5,126	5,126	5,126	5,126
Additional Paid-In Capital	12,194	12,194	12,166	12,080	11,889	11,562
Retained Earnings	5,600	5,015	4,612	3,930	3,595	3,203
Comprehensive Income & Other	-295.58	-311.23	-241.77	0.14	-68.28	-63.82
Total Common Equity	22,625	22,025	21,662	21,136	20,542	19,826
Minority Interest	2,990	2,804	2,847	1,978	1,734	1,031
Shareholders' Equity	25,615	24,828	24,510	23,114	22,276	20,857
Total Liabilities & Equity	47,662	46,133	43,978	41,488	38,873	36,182
Total Debt	965.38	1,230	1,556	1,899	315.53	598.22
Net Cash (Debt)	8,873	10,389	9,321	7,646	7,637	5,824
Net Cash Growth	0.91%	11.46%	21.91%	0.12%	31.12%	-1.11%
Net Cash Per Share	1.73	2.03	1.82	1.49	1.49	1.14
Filing Date Shares Outstanding	5,126	5,126	5,126	5,126	5,126	5,126
Total Common Shares Outstanding	5,126	5,126	5,126	5,126	5,126	5,126
Working Capital	13,117	12,456	13,534	14,120	13,856	13,907
Book Value Per Share	4.41	4.30	4.23	4.12	4.01	3.87
Tangible Book Value	20,803	19,962	19,691	19,367	18,828	18,111
Tangible Book Value Per Share	4.06	3.89	3.84	3.78	3.67	3.53
Buildings	-	4,527	4,371	4,436	4,609	4,444
Machinery	-	5,756	5,650	5,602	5,539	5,419
Construction In Progress	-	1,628	488.18	363.65	140.73	168.83

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