China XD Electric Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	10,538	10,423	9,506	7,404	5,568
Short-Term Investments	3,116	935.47	494.67	262.04	100.25
Trading Asset Securities	229.05	260.26	876.49	1,878	2,284
Cash & Short-Term Investments	13,884	11,619	10,877	9,545	7,952
Cash Growth	19.49%	6.82%	13.96%	20.02%	23.82%
Accounts Receivable	13,113	13,687	14,576	15,347	12,605
Other Receivables	570.06	625.02	443.83	559.88	500.32
Receivables	13,683	14,312	15,020	16,398	14,516
Inventory	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	1,317	1,174	1,677	1,087	1,772
Total Current Assets	34,325	31,960	31,202	31,118	28,944
Property, Plant & Equipment	6,351	5,540	4,281	4,430	4,538
Long-Term Investments	2,794	3,175	3,532	1,476	655.99
Goodwill	23.72	23.72	23.72	24.55	25.74
Other Intangible Assets	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	866.24	699.7	612.67	489.34	466.45
Long-Term Deferred Charges	90.13	143.77	301.43	275.13	284.02
Other Long-Term Assets	359.91	353.07	222.56	162.71	99.08
Total Assets	48,976	46,133	43,978	41,488	38,873
Accounts Payable	11,927	12,415	9,818	9,559	8,374
Accrued Expenses	272.06	292.36	1,431	1,158	922.4
Short-Term Debt	1,651	864.93	1,346	1,753	149.95
Current Portion of Long-Term Debt	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	199.02	80.56	133.38	80.89	39.03
Current Unearned Revenue	5,779	4,724	3,835	2,401	2,967
Other Current Liabilities	988.39	1,106	1,076	1,987	2,590
Total Current Liabilities	20,857	19,504	17,668	16,998	15,088
Long-Term Debt	299.03	329.87	170.57	57.2	81.1
Long-Term Leases	48.65	13.4	8.88	29.95	38.4
Long-Term Unearned Revenue	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	110.81	171.95	173.75	124.78	119.65
Other Long-Term Liabilities	216.42	210.1	561.07	511.84	531.9
Total Liabilities	23,003	21,304	19,469	18,373	16,598
Common Stock	5,126	5,126	5,126	5,126	5,126
Additional Paid-In Capital	12,187	12,194	12,166	12,080	11,889
Retained Earnings	5,931	5,015	4,612	3,930	3,595
Comprehensive Income & Other	-263.69	-311.23	-241.77	0.14	-68.28
Total Common Equity	22,981	22,025	21,662	21,136	20,542
Minority Interest	2,992	2,804	2,847	1,978	1,734
Shareholders' Equity	25,973	24,828	24,510	23,114	22,276
Total Liabilities & Equity	48,976	46,133	43,978	41,488	38,873
Total Debt	2,038	1,230	1,556	1,899	315.53
Net Cash (Debt)	11,846	10,389	9,321	7,646	7,637
Net Cash Growth	14.02%	11.46%	21.91%	0.12%	31.12%
Net Cash Per Share	2.31	2.03	1.82	1.49	1.49
Filing Date Shares Outstanding	5,126	5,126	5,126	5,126	5,126
Total Common Shares Outstanding	5,126	5,126	5,126	5,126	5,126
Working Capital	13,469	12,456	13,534	14,120	13,856
Book Value Per Share	4.48	4.30	4.23	4.12	4.01
Tangible Book Value	21,156	19,962	19,691	19,367	18,828
Tangible Book Value Per Share	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.