CRRC Corporation 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	46,239	67,512	55,930	54,862	48,585	33,492
Short-Term Investments	-	2,155	1,337	1,360	888.3	1,290
Trading Asset Securities	8,132	8,222	8,933	10,431	10,695	5,799
Cash & Short-Term Investments	54,370	77,889	66,199	66,653	60,168	40,581
Cash Growth	-1.85%	17.66%	-0.68%	10.78%	48.27%	-25.80%
Accounts Receivable	198,369	168,330	162,638	140,451	126,257	116,813
Other Receivables	2,952	4,296	3,085	6,274	13,680	10,007
Receivables	201,321	172,805	167,807	149,006	151,183	137,640
Inventory	112,393	78,947	66,849	63,136	61,420	62,966
Other Current Assets	25,891	16,652	13,732	11,660	7,112	8,539
Total Current Assets	393,975	346,293	314,587	290,455	279,883	249,727
Property, Plant & Equipment	73,038	72,252	66,724	66,360	66,699	68,071
Long-Term Investments	26,929	25,949	25,989	21,405	22,574	20,530
Goodwill	316.55	306.82	307.41	261.74	272.81	328.75
Other Intangible Assets	16,303	16,707	16,721	16,103	16,691	16,024
Long-Term Accounts Receivable	-	30,526	27,652	29,985	28,512	22,542
Long-Term Deferred Tax Assets	4,635	4,438	3,871	3,631	3,732	3,632
Long-Term Deferred Charges	1,427	1,410	981.96	1,029	722.54	669.56
Other Long-Term Assets	53,192	14,942	14,958	12,911	7,740	10,856
Total Assets	569,815	512,824	471,792	442,140	426,826	392,380
Accounts Payable	240,823	209,278	180,870	158,649	144,937	128,864
Accrued Expenses	2,935	5,278	6,112	5,188	7,144	4,302
Short-Term Debt	8,297	10,692	18,181	16,762	18,624	11,782
Current Portion of Long-Term Debt	-	1,158	835.82	3,372	1,834	4,657
Current Portion of Leases	-	598.06	458.36	382.44	395.19	344.67
Current Income Taxes Payable	1,561	765.34	-	707.49	565.75	716.5
Current Unearned Revenue	33,411	28,184	23,177	23,732	25,398	27,842
Other Current Liabilities	44,992	22,753	20,773	18,611	16,658	18,984
Total Current Liabilities	332,020	278,705	250,408	227,404	215,556	197,493
Long-Term Debt	6,347	5,649	6,985	6,096	9,954	6,703
Long-Term Leases	2,395	2,137	1,545	1,151	1,226	1,292
Long-Term Unearned Revenue	5,704	5,693	5,981	6,243	6,669	6,772
Pension & Post-Retirement Benefits	2,365	2,249	2,335	2,473	2,589	2,952
Long-Term Deferred Tax Liabilities	481.64	521.99	571.9	299.86	263.51	163.23
Other Long-Term Liabilities	8,167	7,675	7,443	7,488	8,277	7,864
Total Liabilities	357,479	302,629	275,268	251,154	244,535	223,239
Common Stock	28,699	28,699	28,699	28,699	28,699	28,699
Additional Paid-In Capital	42,499	40,483	40,483	40,483	41,887	40,957
Retained Earnings	98,966	98,187	91,556	85,627	79,216	74,608
Comprehensive Income & Other	-372.97	1,405	235.58	233	-1,227	-1,243
Total Common Equity	169,791	168,774	160,973	155,041	148,574	143,021
Minority Interest	42,544	41,421	35,550	35,945	33,717	26,120
Shareholders' Equity	212,336	210,195	196,523	190,986	182,292	169,142
Total Liabilities & Equity	569,815	512,824	471,792	442,140	426,826	392,380
Total Debt	17,039	20,233	28,005	27,763	32,033	24,778
Net Cash (Debt)	37,332	57,656	38,194	38,890	28,135	15,803
Net Cash Growth	-4.48%	50.95%	-1.79%	38.23%	78.03%	-53.92%
Net Cash Per Share	1.32	2.01	1.33	1.36	0.98	0.54
Filing Date Shares Outstanding	28,699	28,699	28,699	28,699	28,699	28,699
Total Common Shares Outstanding	28,699	28,699	28,699	28,699	28,699	28,699
Working Capital	61,955	67,588	64,180	63,051	64,326	52,234
Book Value Per Share	5.92	5.88	5.61	5.40	5.18	4.98
Tangible Book Value	153,172	151,760	143,945	138,677	131,611	126,668
Tangible Book Value Per Share	5.34	5.29	5.02	4.83	4.59	4.41
Land	-	264.99	282.45	279.49	264.64	280.53
Buildings	-	58,876	55,212	53,525	50,906	49,261
Machinery	-	72,409	67,264	64,978	61,630	57,675
Construction In Progress	-	5,420	4,519	4,112	6,310	8,675
Order Backlog	-	318,100	-	-	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.