Xianhe 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	1,232	804.8	1,228	943.97	794.41	520.71
Short-Term Investments	-	181.28	1,083	445.27	-	-
Trading Asset Securities	62.12	170.72	-	1,036	1,564	160.04
Cash & Short-Term Investments	1,294	1,157	2,311	2,425	2,358	680.75
Cash Growth	12.79%	-49.94%	-4.72%	2.85%	246.42%	-46.83%
Accounts Receivable	2,131	2,363	1,880	2,157	1,938	1,729
Other Receivables	15.5	11.86	31.86	19.2	15.25	16.83
Receivables	2,146	2,375	1,912	2,176	1,953	1,745
Inventory	3,934	3,413	2,777	2,055	1,925	1,337
Prepaid Expenses	-	9.08	0.73	39.94	-	-
Other Current Assets	1,986	1,278	705.66	272.55	214.34	207.64
Total Current Assets	9,361	8,232	7,706	6,969	6,451	3,971
Property, Plant & Equipment	13,338	12,507	7,865	3,999	2,889	2,610
Long-Term Investments	1,184	1,151	1,012	918.43	889.41	727.77
Goodwill	9.38	9.38	9.38	9.38	9.38	9.38
Other Intangible Assets	1,002	951.86	967.91	772.83	516.46	499.49
Long-Term Deferred Tax Assets	332.27	266.2	88.94	75.49	62.37	51.35
Long-Term Deferred Charges	11.02	17.62	24.09	22.93	7.91	-
Other Long-Term Assets	313.42	186.47	1,196	497.1	223.75	94.87
Total Assets	25,550	23,322	18,870	13,264	11,049	7,964
Accounts Payable	2,689	2,970	2,408	2,022	1,408	1,150
Accrued Expenses	146.86	265.01	266.63	200.63	242.32	195.92
Short-Term Debt	2,026	1,585	2,372	1,771	690.1	797.19
Current Portion of Long-Term Debt	642.1	226.18	385.09	-	-	-
Current Income Taxes Payable	129.23	18.31	41.91	11.35	61.43	47.14
Current Unearned Revenue	319.21	158.06	115.87	55.04	50.12	48.76
Other Current Liabilities	329.13	15.79	22.86	14.08	10.01	11.01
Total Current Liabilities	6,282	5,238	5,613	4,074	2,462	2,250
Long-Term Debt	9,899	9,217	5,359	1,864	1,775	-
Long-Term Leases	1.35	1.32	-	-	-	-
Long-Term Unearned Revenue	611.71	569.98	503.53	376.75	363.62	334.27
Long-Term Deferred Tax Liabilities	187.11	157.71	32	37.49	0.87	-
Total Liabilities	16,981	15,184	11,508	6,352	4,602	2,585
Common Stock	707.72	705.98	705.98	705.98	705.97	705.97
Additional Paid-In Capital	3,100	3,064	3,064	3,064	3,064	3,064
Retained Earnings	4,480	4,051	3,294	2,849	2,386	1,588
Comprehensive Income & Other	224.72	271.04	261.53	259.89	262.85	-5.06
Total Common Equity	8,513	8,092	7,326	6,880	6,419	5,354
Minority Interest	56.25	45.37	35.67	32.19	27.67	25.42
Shareholders' Equity	8,570	8,138	7,362	6,912	6,447	5,379
Total Liabilities & Equity	25,550	23,322	18,870	13,264	11,049	7,964
Total Debt	12,568	11,029	8,116	3,635	2,466	797.19
Net Cash (Debt)	-11,274	-9,872	-5,806	-1,210	-107.29	-116.44
Net Cash Per Share	-12.71	-11.11	-6.30	-1.67	-0.15	-0.17
Filing Date Shares Outstanding	707.72	705.98	705.98	705.98	705.97	705.97
Total Common Shares Outstanding	707.72	705.98	705.98	705.98	705.97	705.97
Working Capital	3,079	2,994	2,093	2,895	3,989	1,721
Book Value Per Share	12.03	11.46	10.38	9.74	9.09	7.58
Tangible Book Value	7,502	7,131	6,349	6,097	5,893	4,845
Tangible Book Value Per Share	10.60	10.10	8.99	8.64	8.35	6.86
Buildings	-	3,177	1,775	1,472	1,289	1,172
Machinery	-	8,158	4,455	3,688	3,217	2,858
Construction In Progress	-	4,363	4,339	1,152	356.71	275.47

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