China Automotive Engineering Research Institute Co., Ltd. (SHA:601965)

SHA:601965 Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2,257	1,817	2,381	1,799	1,420	1,321
Trading Asset Securities	92.68	8.37	3.91	4.22	6.35	-
Cash & Short-Term Investments	2,350	1,826	2,385	1,803	1,427	1,321
Cash Growth	19.12%	-23.46%	32.29%	26.38%	8.03%	-15.84%
Accounts Receivable	2,771	2,452	1,847	1,553	1,152	852.61
Other Receivables	82.74	82.09	144.88	31.47	61.8	43.69
Receivables	2,854	2,534	1,991	1,584	1,214	896.3
Inventory	376.72	345.27	268.1	240.61	230.77	252.64
Other Current Assets	236.73	200.82	90.5	56.58	31.99	73.39
Total Current Assets	5,817	4,905	4,735	3,684	2,903	2,543
Property, Plant & Equipment	5,604	4,426	3,575	3,170	2,965	2,899
Long-Term Investments	125.02	125.28	231.88	222.9	170.5	161.12
Other Intangible Assets	754.38	431.67	450.11	425.44	378.78	390.12
Long-Term Deferred Tax Assets	97.58	79.34	68.02	64.12	53.7	45.55
Long-Term Deferred Charges	44.94	43.6	31.84	29.6	23.75	15.19
Other Long-Term Assets	21.74	23.45	32.84	444.79	689.36	591.24
Total Assets	12,465	10,035	9,124	8,041	7,184	6,645
Accounts Payable	1,088	1,239	894.48	663.41	538.87	526.19
Accrued Expenses	165.89	341.8	273.29	174.86	111.59	58.05
Short-Term Debt	-	8.01	5.31	10.54	-	-
Current Portion of Long-Term Debt	32.79	2.79	2.79	-	2.83	12.81
Current Portion of Leases	45.52	37.79	15.07	8.68	5.91	-
Current Income Taxes Payable	42.9	32.51	33.24	18.28	29.61	20.16
Current Unearned Revenue	118.69	122.89	289.69	340.94	308.59	349.85
Other Current Liabilities	453.98	293.5	389.59	325.54	186.07	175.4
Total Current Liabilities	1,948	2,078	1,903	1,542	1,183	1,142
Long-Term Debt	968.98	4.61	5.57	-	-	2.83
Long-Term Leases	187.18	205.61	36.6	22.58	8.14	-
Long-Term Unearned Revenue	337.87	286.91	248.19	258.92	267.48	266.49
Long-Term Deferred Tax Liabilities	10.29	9.46	8.27	15.69	1.84	3.62
Total Liabilities	3,452	2,585	2,202	1,839	1,461	1,415
Common Stock	1,003	1,003	1,004	1,005	989.23	988.53
Additional Paid-In Capital	1,793	1,750	1,852	1,783	1,596	1,567
Retained Earnings	4,536	4,415	3,941	3,411	3,019	2,623
Treasury Stock	-96.17	-105.4	-210.65	-251.6	-124.05	-132.46
Comprehensive Income & Other	-2.01	-2.01	-2.01	-2.01	-2.01	-2.01
Total Common Equity	7,235	7,061	6,584	5,946	5,478	5,044
Minority Interest	1,777	389	337.87	255.66	245	185.53
Shareholders' Equity	9,012	7,450	6,922	6,201	5,723	5,229
Total Liabilities & Equity	12,465	10,035	9,124	8,041	7,184	6,645
Total Debt	1,234	258.82	65.34	41.79	16.88	15.64
Net Cash (Debt)	1,115	1,567	2,320	1,761	1,410	1,305
Net Cash Growth	-34.78%	-32.46%	31.71%	24.93%	8.03%	-16.69%
Net Cash Per Share	1.12	1.59	2.36	1.79	1.43	1.33
Filing Date Shares Outstanding	1,003	1,003	1,004	1,005	989.23	988.53
Total Common Shares Outstanding	1,003	1,003	1,004	1,005	989.23	988.53
Working Capital	3,869	2,827	2,832	2,142	1,719	1,400
Book Value Per Share	7.21	7.04	6.56	5.92	5.54	5.10
Tangible Book Value	6,480	6,629	6,134	5,520	5,099	4,654
Tangible Book Value Per Share	6.46	6.61	6.11	5.49	5.15	4.71
Buildings	2,235	2,224	2,145	1,940	1,902	1,833
Machinery	3,396	3,204	2,770	2,468	2,255	2,091
Construction In Progress	2,093	948.89	527.65	328.86	155.28	83.75

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