Xinhuanet Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	2,079	2,276	2,356	3,315	1,704	2,152
Short-Term Investments	-	-	-	-	-	10
Trading Asset Securities	377.44	290.75	118.8	72.49	1,478	693.53
Cash & Short-Term Investments	2,457	2,567	2,475	3,388	3,182	2,856
Cash Growth	4.68%	3.71%	-26.94%	6.46%	11.44%	15.25%
Accounts Receivable	305.5	568.04	619.73	581.55	577.49	435.71
Other Receivables	26.62	29.35	32.11	28.67	29.84	30.58
Receivables	332.12	597.38	651.84	610.22	607.33	466.3
Inventory	1.98	28.48	7.81	9.33	15.72	16.75
Prepaid Expenses	-	-	-	0	-	-
Other Current Assets	169.77	37.52	49.23	25.86	28.5	24.44
Total Current Assets	2,961	3,230	3,184	4,033	3,834	3,363
Property, Plant & Equipment	132.29	146.34	352.99	482.21	616.73	638.15
Long-Term Investments	471.18	475.4	325.24	250.05	334.59	399.05
Other Intangible Assets	101.81	105.82	92.22	76.96	77.2	74.17
Long-Term Accounts Receivable	-	143.99	173.57	211.84	279.2	313.82
Long-Term Deferred Tax Assets	5.33	5.22	3.54	132.01	28.27	27.13
Long-Term Deferred Charges	35.13	36.11	2	2.81	5.63	9.19
Other Long-Term Assets	1,149	1,004	1,002	0.63	5.58	8.86
Total Assets	4,855	5,147	5,136	5,190	5,181	4,834
Accounts Payable	421.64	-	-	-	-	-
Accrued Expenses	116.43	799.84	782.86	673.34	569.8	353.31
Current Portion of Leases	-	7.52	37.35	43.95	62.28	46.55
Current Income Taxes Payable	37.83	2.51	1.67	4.21	3.56	2.24
Current Unearned Revenue	278.24	356.27	318.08	342	367.17	287.34
Other Current Liabilities	28.95	45.75	150.15	210.76	197.08	244.25
Total Current Liabilities	892.59	1,212	1,290	1,274	1,200	933.68
Long-Term Leases	3.9	3.86	2.65	10.4	48.5	34.57
Long-Term Unearned Revenue	113.31	121.47	120.22	108.16	168.43	219.09
Long-Term Deferred Tax Liabilities	0.43	0.43	0.08	0.67	0.09	-
Other Long-Term Liabilities	39.52	46.86	228.47	358.57	482.92	490.18
Total Liabilities	1,050	1,385	1,642	1,752	1,900	1,678
Common Stock	674.74	674.74	519.03	519.03	519.03	519.03
Additional Paid-In Capital	1,488	1,488	1,499	1,499	1,499	1,499
Retained Earnings	1,665	1,626	1,505	1,436	1,293	1,138
Comprehensive Income & Other	-22.94	-26.47	-28.99	-16.84	-30.25	-0.06
Total Common Equity	3,805	3,762	3,494	3,438	3,281	3,156
Shareholders' Equity	3,805	3,762	3,494	3,438	3,281	3,156
Total Liabilities & Equity	4,855	5,147	5,136	5,190	5,181	4,834
Total Debt	13.4	11.38	40	54.35	110.78	81.12
Net Cash (Debt)	2,443	2,555	2,435	3,333	3,072	2,775
Net Cash Growth	5.23%	4.95%	-26.95%	8.53%	10.70%	11.98%
Net Cash Per Share	3.42	3.79	4.69	4.94	4.55	4.11
Filing Date Shares Outstanding	674.18	674.74	674.74	674.74	674.74	674.74
Total Common Shares Outstanding	674.18	674.74	674.74	674.74	674.74	674.74
Working Capital	2,068	2,018	1,894	2,759	2,634	2,430
Book Value Per Share	5.64	5.58	5.18	5.09	4.86	4.68
Tangible Book Value	3,703	3,656	3,402	3,361	3,204	3,082
Tangible Book Value Per Share	5.49	5.42	5.04	4.98	4.75	4.57
Machinery	-	354.11	598.71	578.63	585.59	567.88
Construction In Progress	-	15.79	177.42	283.59	295.63	282.69