China Railway High-speed Electrification Equipment Corporation Limited (SHA:688285)

SHA:688285 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	401.49	606.76	605.31	759.77	887.02	307.04
Cash & Short-Term Investments	401.49	606.76	605.31	759.77	887.02	307.04
Cash Growth	-16.11%	0.24%	-20.33%	-14.35%	188.89%	39.43%
Accounts Receivable	1,380	1,374	1,490	1,389	989.45	698.18
Other Receivables	9.47	1.25	0.7	14.82	17.5	13.43
Receivables	1,389	1,375	1,491	1,404	1,007	711.61
Inventory	462.89	339.31	328.59	325.99	506.3	552.69
Other Current Assets	30.23	25.68	30.85	9.71	18.91	18.6
Total Current Assets	2,284	2,347	2,455	2,499	2,419	1,590
Property, Plant & Equipment	461.91	485.4	345.2	304.42	281.69	228.03
Other Intangible Assets	73.45	75.65	78.56	78.45	80.84	78.63
Long-Term Deferred Tax Assets	37.74	34.42	18.59	4.56	3.37	3.37
Long-Term Deferred Charges	3.57	3.31	5.3	6.54	3.52	1.97
Other Long-Term Assets	151.07	129.89	312.78	282.05	262.25	235.35
Total Assets	3,012	3,075	3,216	3,175	3,051	2,137
Accounts Payable	1,034	1,036	1,206	1,161	1,030	938.01
Accrued Expenses	12.2	7.65	12.36	40.24	16.24	21.17
Short-Term Debt	209.6	209.64	210.14	144.62	50	100
Current Portion of Long-Term Debt	-	-	-	65.57	160	10.5
Current Portion of Leases	-	-	1.5	2.21	0.51	-
Current Income Taxes Payable	-	5.45	5.1	9.1	3.96	8.01
Current Unearned Revenue	4.92	13.91	0.84	5.23	39.52	6.16
Other Current Liabilities	45.16	123.58	132.29	125.01	163.18	107.22
Total Current Liabilities	1,306	1,397	1,568	1,553	1,464	1,191
Long-Term Debt	-	-	-	-	68	208.5
Long-Term Leases	-	-	1.98	2.71	5.68	-
Long-Term Unearned Revenue	13.81	13.74	14.14	13.61	14.82	15.2
Pension & Post-Retirement Benefits	2.55	2.72	2.92	3.15	3.6	3.41
Other Long-Term Liabilities	-	-	-	1.91	1.91	2.41
Total Liabilities	1,322	1,413	1,587	1,574	1,558	1,421
Common Stock	376.29	376.29	376.29	376.29	376.29	282.19
Additional Paid-In Capital	621.78	621.78	621.78	621.78	621.78	80.49
Retained Earnings	678.83	650.03	615.43	588.81	482.48	341.29
Comprehensive Income & Other	-1.95	-1.95	-1.66	-1.4	-1.33	-0.25
Total Common Equity	1,675	1,646	1,612	1,585	1,479	703.72
Minority Interest	14.73	16.15	17.16	15.17	13.75	12.99
Shareholders' Equity	1,690	1,662	1,629	1,601	1,493	716.71
Total Liabilities & Equity	3,012	3,075	3,216	3,175	3,051	2,137
Total Debt	209.6	209.64	213.62	215.11	284.19	319
Net Cash (Debt)	191.89	397.12	391.69	544.66	602.83	-11.96
Net Cash Growth	-17.86%	1.39%	-28.09%	-9.65%	-	-
Net Cash Per Share	0.51	1.05	1.04	1.45	2.02	-0.04
Filing Date Shares Outstanding	376.29	376.29	376.29	376.29	376.29	282.19
Total Common Shares Outstanding	376.29	376.29	376.29	376.29	376.29	282.19
Working Capital	978.29	950.09	887.61	946	955.28	398.88
Book Value Per Share	4.45	4.37	4.28	4.21	3.93	2.49
Tangible Book Value	1,601	1,570	1,533	1,507	1,398	625.09
Tangible Book Value Per Share	4.26	4.17	4.07	4.00	3.72	2.22
Buildings	-	399.2	248.25	248.25	92.19	92.22
Machinery	-	296.7	253.47	189.32	167.08	149
Construction In Progress	-	0.44	25.49	28.12	166.7	128.81

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