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	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	-	606.76	605.31	759.77	887.02
Cash & Short-Term Investments	401.49	606.76	605.31	759.77	887.02
Cash Growth	-33.83%	0.24%	-20.33%	-14.35%	188.89%
Accounts Receivable	-	1,374	1,490	1,389	989.45
Other Receivables	-	1.25	0.7	14.82	17.5
Receivables	-	1,375	1,491	1,404	1,007
Inventory	-	339.31	328.59	325.99	506.3
Other Current Assets	-	25.68	30.85	9.71	18.91
Total Current Assets	-	2,347	2,455	2,499	2,419
Property, Plant & Equipment	-	485.4	345.2	304.42	281.69
Other Intangible Assets	-	75.65	78.56	78.45	80.84
Long-Term Deferred Tax Assets	-	34.42	18.59	4.56	3.37
Long-Term Deferred Charges	-	3.31	5.3	6.54	3.52
Other Long-Term Assets	-	129.89	312.78	282.05	262.25
Total Assets	-	3,075	3,216	3,175	3,051
Accounts Payable	-	1,036	1,206	1,161	1,030
Accrued Expenses	-	7.65	12.36	40.24	16.24
Short-Term Debt	-	209.64	210.14	144.62	50
Current Portion of Long-Term Debt	-	-	-	65.57	160
Current Portion of Leases	-	-	1.5	2.21	0.51
Current Income Taxes Payable	-	5.45	5.1	9.1	3.96
Current Unearned Revenue	-	13.91	0.84	5.23	39.52
Other Current Liabilities	-	123.58	132.29	125.01	163.18
Total Current Liabilities	-	1,397	1,568	1,553	1,464
Long-Term Debt	-	-	-	-	68
Long-Term Leases	-	-	1.98	2.71	5.68
Long-Term Unearned Revenue	-	13.74	14.14	13.61	14.82
Pension & Post-Retirement Benefits	-	2.72	2.92	3.15	3.6
Other Long-Term Liabilities	-	-	-	1.91	1.91
Total Liabilities	-	1,413	1,587	1,574	1,558
Common Stock	-	376.29	376.29	376.29	376.29
Additional Paid-In Capital	-	621.78	621.78	621.78	621.78
Retained Earnings	-	650.03	615.43	588.81	482.48
Comprehensive Income & Other	-	-1.95	-1.66	-1.4	-1.33
Total Common Equity	1,675	1,646	1,612	1,585	1,479
Minority Interest	-	16.15	17.16	15.17	13.75
Shareholders' Equity	1,690	1,662	1,629	1,601	1,493
Total Liabilities & Equity	-	3,075	3,216	3,175	3,051
Total Debt	209.6	209.64	213.62	215.11	284.19
Net Cash (Debt)	191.89	397.12	391.69	544.66	602.83
Net Cash Growth	-51.68%	1.39%	-28.09%	-9.65%	-
Net Cash Per Share	0.51	1.05	1.04	1.45	2.02
Filing Date Shares Outstanding	376.29	376.29	376.29	376.29	376.29
Total Common Shares Outstanding	376.29	376.29	376.29	376.29	376.29
Working Capital	-	950.09	887.61	946	955.28
Book Value Per Share	4.45	4.37	4.28	4.21	3.93
Tangible Book Value	1,601	1,570	1,533	1,507	1,398
Tangible Book Value Per Share	4.26	4.17	4.07	4.00	3.72
Buildings	-	399.2	248.25	248.25	92.19
Machinery	-	296.7	253.47	189.32	167.08
Construction In Progress	-	0.44	25.49	28.12	166.7

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.