Xianhe Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	534.28	506.56	804.8	1,228	943.97	794.41
Short-Term Investments	711.16	521.69	181.28	1,083	445.27	-
Trading Asset Securities	19.51	35.91	170.72	-	1,036	1,564
Cash & Short-Term Investments	1,265	1,064	1,157	2,311	2,425	2,358
Cash Growth	-16.60%	-8.01%	-49.94%	-4.72%	2.85%	246.42%
Accounts Receivable	2,340	2,045	2,363	1,880	2,157	1,938
Other Receivables	18.15	16.59	11.86	31.86	19.2	15.25
Receivables	2,358	2,061	2,375	1,912	2,176	1,953
Inventory	4,445	3,907	3,413	2,777	2,055	1,925
Prepaid Expenses	7.18	0.1	9.08	0.73	39.94	-
Other Current Assets	909.16	1,345	1,278	705.66	272.55	214.34
Total Current Assets	8,985	8,377	8,232	7,706	6,969	6,451
Property, Plant & Equipment	13,863	13,449	12,507	7,865	3,999	2,889
Long-Term Investments	1,201	1,252	1,151	1,012	918.43	889.41
Goodwill	9.38	9.38	9.38	9.38	9.38	9.38
Other Intangible Assets	1,195	1,012	951.86	967.91	772.83	516.46
Long-Term Deferred Tax Assets	237.12	247.64	266.2	88.94	75.49	62.37
Long-Term Deferred Charges	5.13	8.73	17.62	24.09	22.93	7.91
Other Long-Term Assets	980.81	530.3	186.47	1,196	497.1	223.75
Total Assets	26,476	24,886	23,322	18,870	13,264	11,049

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Accounts Payable	3,048	2,357	2,970	2,408	2,022	1,408
Accrued Expenses	164.78	238.79	265.01	266.63	200.63	242.32
Short-Term Debt	2,415	1,979	1,585	2,372	1,771	690.1
Current Portion of Long-Term Debt	430.34	771.89	226.16	385.09	-	-
Current Portion of Leases	0.02	0.02	0.02	-	-	-
Current Income Taxes Payable	33.9	50.57	18.31	41.91	11.35	61.43
Current Unearned Revenue	174.21	133.99	158.06	115.87	55.04	50.12
Other Current Liabilities	423.37	15.56	15.79	22.86	14.08	10.01
Total Current Liabilities	6,690	5,547	5,238	5,613	4,074	2,462
Long-Term Debt	9,907	9,806	9,217	5,359	1,864	1,775
Long-Term Leases	1.32	1.3	1.32	-	-	-
Long-Term Unearned Revenue	633.54	602.05	569.98	503.53	376.75	363.62
Long-Term Deferred Tax Liabilities	77.08	115.02	157.71	32	37.49	0.87
Total Liabilities	17,308	16,072	15,184	11,508	6,352	4,602

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Common Stock	724.48	707.72	705.98	705.98	705.98	705.97
Additional Paid-In Capital	3,449	3,100	3,064	3,064	3,064	3,064
Retained Earnings	4,744	4,711	4,051	3,294	2,849	2,386
Comprehensive Income & Other	181.83	224.72	271.04	261.53	259.89	262.85
Total Common Equity	9,100	8,743	8,092	7,326	6,880	6,419
Minority Interest	68.04	71.16	45.37	35.67	32.19	27.67
Shareholders' Equity	9,168	8,815	8,138	7,362	6,912	6,447
Total Liabilities & Equity	26,476	24,886	23,322	18,870	13,264	11,049

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Total Debt	12,754	12,558	11,029	8,116	3,635	2,466
Net Cash (Debt)	-11,489	-11,494	-9,872	-5,806	-1,210	-107.29
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-12.87	-12.94	-11.11	-6.30	-1.67	-0.15
Filing Date Shares Outstanding	724.48	707.72	705.98	705.98	705.98	705.97
Total Common Shares Outstanding	724.48	707.72	705.98	705.98	705.98	705.97
Working Capital	2,295	2,830	2,994	2,093	2,895	3,989
Book Value Per Share	12.56	12.35	11.46	10.38	9.74	9.09
Tangible Book Value	7,896	7,722	7,131	6,349	6,097	5,893
Tangible Book Value Per Share	10.90	10.91	10.10	8.99	8.64	8.35
Buildings	5,396	-	-	1,775	1,472	1,289
Machinery	10,745	10,627	8,158	4,455	3,688	3,217
Construction In Progress	2,260	1,526	4,363	4,339	1,152	356.71