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

SHA:601965 Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	-	1,817	2,381	1,799	1,420
Trading Asset Securities	-	8.37	3.91	4.22	6.35
Cash & Short-Term Investments	1,921	1,826	2,385	1,803	1,427
Cash Growth	5.24%	-23.46%	32.29%	26.38%	8.03%
Accounts Receivable	-	2,452	1,847	1,553	1,152
Other Receivables	-	82.09	144.88	31.47	61.8
Receivables	-	2,534	1,991	1,584	1,214
Inventory	-	345.27	268.1	240.61	230.77
Other Current Assets	-	200.82	90.5	56.58	31.99
Total Current Assets	-	4,905	4,735	3,684	2,903
Property, Plant & Equipment	-	4,426	3,575	3,170	2,965
Long-Term Investments	-	125.28	231.88	222.9	170.5
Other Intangible Assets	-	431.67	450.11	425.44	378.78
Long-Term Deferred Tax Assets	-	79.34	68.02	64.12	53.7
Long-Term Deferred Charges	-	43.6	31.84	29.6	23.75
Other Long-Term Assets	-	23.45	32.84	444.79	689.36
Total Assets	-	10,035	9,124	8,041	7,184
Accounts Payable	-	1,239	894.48	663.41	538.87
Accrued Expenses	-	341.8	273.29	174.86	111.59
Short-Term Debt	-	8.01	5.31	10.54	-
Current Portion of Long-Term Debt	-	2.79	2.79	-	2.83
Current Portion of Leases	-	37.79	15.07	8.68	5.91
Current Income Taxes Payable	-	32.51	33.24	18.28	29.61
Current Unearned Revenue	-	122.89	289.69	340.94	308.59
Other Current Liabilities	-	293.5	389.59	325.54	186.07
Total Current Liabilities	-	2,078	1,903	1,542	1,183
Long-Term Debt	-	4.61	5.57	-	-
Long-Term Leases	-	205.61	36.6	22.58	8.14
Long-Term Unearned Revenue	-	286.91	248.19	258.92	267.48
Long-Term Deferred Tax Liabilities	-	9.46	8.27	15.69	1.84
Total Liabilities	-	2,585	2,202	1,839	1,461
Common Stock	-	1,003	1,004	1,005	989.23
Additional Paid-In Capital	-	1,750	1,852	1,783	1,596
Retained Earnings	-	4,415	3,941	3,411	3,019
Treasury Stock	-	-105.4	-210.65	-251.6	-124.05
Comprehensive Income & Other	-	-2.01	-2.01	-2.01	-2.01
Total Common Equity	7,495	7,061	6,584	5,946	5,478
Minority Interest	-	389	337.87	255.66	245
Shareholders' Equity	9,300	7,450	6,922	6,201	5,723
Total Liabilities & Equity	-	10,035	9,124	8,041	7,184
Total Debt	1,511	258.82	65.34	41.79	16.88
Net Cash (Debt)	410.51	1,567	2,320	1,761	1,410
Net Cash Growth	-73.80%	-32.46%	31.71%	24.93%	8.03%
Net Cash Per Share	0.41	1.59	2.36	1.79	1.43
Filing Date Shares Outstanding	1,003	1,003	1,004	1,005	989.23
Total Common Shares Outstanding	1,003	1,003	1,004	1,005	989.23
Working Capital	-	2,827	2,832	2,142	1,719
Book Value Per Share	7.47	7.04	6.56	5.92	5.54
Tangible Book Value	6,748	6,629	6,134	5,520	5,099
Tangible Book Value Per Share	6.73	6.61	6.11	5.49	5.15
Buildings	-	2,224	2,145	1,940	1,902
Machinery	-	3,204	2,770	2,468	2,255
Construction In Progress	-	948.89	527.65	328.86	155.28

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