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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	9,792	10,538	10,423	9,506	7,404	5,568
Short-Term Investments	732.29	3,116	935.47	494.67	262.04	100.25
Trading Asset Securities	650.6	229.05	260.26	876.49	1,878	2,284
Cash & Short-Term Investments	11,175	13,884	11,619	10,877	9,545	7,952
Cash Growth	10.21%	19.49%	6.82%	13.96%	20.02%	23.82%
Accounts Receivable	12,501	13,113	13,687	14,576	15,347	12,605
Other Receivables	301.98	570.06	625.02	443.83	559.88	500.32
Receivables	12,803	13,683	14,312	15,020	16,398	14,516
Inventory	5,500	5,280	4,720	3,545	3,988	4,621
Prepaid Expenses	-	161.46	136.02	82.23	100.34	83.29
Other Current Assets	4,140	1,317	1,174	1,677	1,087	1,772
Total Current Assets	33,618	34,325	31,960	31,202	31,118	28,944
Property, Plant & Equipment	6,441	6,351	5,540	4,281	4,430	4,538
Long-Term Investments	2,736	2,794	3,175	3,532	1,476	655.99
Goodwill	23.72	23.72	23.72	23.72	24.55	25.74
Other Intangible Assets	1,750	1,801	2,039	1,947	1,745	1,688
Long-Term Accounts Receivable	-	2,365	2,199	1,857	1,768	2,172
Long-Term Deferred Tax Assets	873.84	866.24	699.7	612.67	489.34	466.45
Long-Term Deferred Charges	85.32	90.13	143.77	301.43	275.13	284.02
Other Long-Term Assets	2,624	359.91	353.07	222.56	162.71	99.08
Total Assets	48,152	48,976	46,133	43,978	41,488	38,873
Accounts Payable	11,843	11,927	12,415	9,818	9,559	8,374
Accrued Expenses	114.06	272.06	292.36	1,431	1,158	922.4
Short-Term Debt	1,097	1,651	864.93	1,346	1,753	149.95
Current Portion of Long-Term Debt	34.21	3.94	3.8	18.8	23.8	18.8
Current Portion of Leases	-	35.31	17.58	11.26	34.63	27.28
Current Income Taxes Payable	215.72	199.02	80.56	133.38	80.89	39.03
Current Unearned Revenue	5,362	5,779	4,724	3,835	2,401	2,967
Other Current Liabilities	758.63	988.39	1,106	1,076	1,987	2,590
Total Current Liabilities	19,424	20,857	19,504	17,668	16,998	15,088
Long-Term Debt	426.9	299.03	329.87	170.57	57.2	81.1
Long-Term Leases	73	48.65	13.4	8.88	29.95	38.4
Long-Term Unearned Revenue	1,314	1,342	942.76	779.58	534.78	628.32
Pension & Post-Retirement Benefits	-	129.94	131.85	106.74	116.49	110.47
Long-Term Deferred Tax Liabilities	109.28	110.81	171.95	173.75	124.78	119.65
Other Long-Term Liabilities	345.02	216.42	210.1	561.07	511.84	531.9
Total Liabilities	21,693	23,003	21,304	19,469	18,373	16,598
Common Stock	5,126	5,126	5,126	5,126	5,126	5,126
Additional Paid-In Capital	12,187	12,187	12,194	12,166	12,080	11,889
Retained Earnings	6,278	5,931	5,015	4,612	3,930	3,595
Comprehensive Income & Other	-238.2	-263.69	-311.23	-241.77	0.14	-68.28
Total Common Equity	23,353	22,981	22,025	21,662	21,136	20,542
Minority Interest	3,105	2,992	2,804	2,847	1,978	1,734
Shareholders' Equity	26,459	25,973	24,828	24,510	23,114	22,276
Total Liabilities & Equity	48,152	48,976	46,133	43,978	41,488	38,873
Total Debt	1,631	2,038	1,230	1,556	1,899	315.53
Net Cash (Debt)	9,544	11,846	10,389	9,321	7,646	7,637
Net Cash Growth	6.54%	14.02%	11.46%	21.91%	0.12%	31.12%
Net Cash Per Share	1.86	2.31	2.03	1.82	1.49	1.49
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	14,194	13,469	12,456	13,534	14,120	13,856
Book Value Per Share	4.56	4.48	4.30	4.23	4.12	4.01
Tangible Book Value	21,579	21,156	19,962	19,691	19,367	18,828
Tangible Book Value Per Share	4.21	4.13	3.89	3.84	3.78	3.67
Buildings	-	6,428	4,527	4,371	4,436	4,609
Machinery	-	6,196	5,756	5,650	5,602	5,539
Construction In Progress	-	496.34	1,628	488.18	363.65	140.73

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