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

SHA:688285 Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	546.54	581.54	606.76	605.31	759.77	887.02
Cash & Short-Term Investments	546.54	581.54	606.76	605.31	759.77	887.02
Cash Growth	14.71%	-4.16%	0.24%	-20.33%	-14.35%	188.89%
Accounts Receivable	1,323	1,395	1,374	1,490	1,389	989.45
Other Receivables	8.42	0.17	1.25	0.7	14.82	17.5
Receivables	1,331	1,395	1,375	1,491	1,404	1,007
Inventory	541.45	433.58	339.31	328.59	325.99	506.3
Other Current Assets	17.91	23.04	25.68	30.85	9.71	18.91
Total Current Assets	2,437	2,433	2,347	2,455	2,499	2,419
Property, Plant & Equipment	443.13	460.28	485.4	345.2	304.42	281.69
Other Intangible Assets	72.17	73.26	75.65	78.56	78.45	80.84
Long-Term Deferred Tax Assets	37.46	36.58	34.42	18.59	4.56	3.37
Long-Term Deferred Charges	2.57	2.81	3.31	5.3	6.54	3.52
Other Long-Term Assets	128.51	127.61	129.89	312.78	282.05	262.25
Total Assets	3,121	3,134	3,075	3,216	3,175	3,051

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	1,050	1,105	1,036	1,206	1,161	1,030
Accrued Expenses	13.25	6.98	7.65	12.36	40.24	16.24
Short-Term Debt	209.61	209.62	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	-	2.85	5.45	5.1	9.1	3.96
Current Unearned Revenue	25.04	12.64	13.91	0.84	5.23	39.52
Other Current Liabilities	75.18	74.41	123.58	132.29	125.01	163.18
Total Current Liabilities	1,373	1,412	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	12.26	13.35	13.74	14.14	13.61	14.82
Pension & Post-Retirement Benefits	2.42	2.62	2.72	2.92	3.15	3.6
Other Long-Term Liabilities	-	-	-	-	1.91	1.91
Total Liabilities	1,387	1,428	1,413	1,587	1,574	1,558

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	376.29	376.29	376.29	376.29	376.29	376.29
Additional Paid-In Capital	621.78	621.78	621.78	621.78	621.78	621.78
Retained Earnings	721.53	693.96	650.03	615.43	588.81	482.48
Comprehensive Income & Other	-2	-1.96	-1.95	-1.66	-1.4	-1.33
Total Common Equity	1,718	1,690	1,646	1,612	1,585	1,479
Minority Interest	16.04	16.32	16.15	17.16	15.17	13.75
Shareholders' Equity	1,734	1,706	1,662	1,629	1,601	1,493
Total Liabilities & Equity	3,121	3,134	3,075	3,216	3,175	3,051

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	209.61	209.62	209.64	213.62	215.11	284.19
Net Cash (Debt)	336.93	371.91	397.12	391.69	544.66	602.83
Net Cash Growth	26.27%	-6.35%	1.39%	-28.09%	-9.65%	-
Net Cash Per Share	-	0.99	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	1,064	1,022	950.09	887.61	946	955.28
Book Value Per Share	-	4.49	4.37	4.28	4.21	3.93
Tangible Book Value	1,645	1,617	1,570	1,533	1,507	1,398
Tangible Book Value Per Share	-	4.30	4.17	4.07	4.00	3.72
Buildings	-	405.25	399.2	248.25	248.25	92.19
Machinery	-	296.76	296.7	253.47	189.32	167.08
Construction In Progress	-	0.44	0.44	25.49	28.12	166.7

Data Source: S&P Global Market Intelligence Last updated: Aug 26, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 12, 2026

Data Sources Report a data error