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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	467.27	581.54	606.76	605.31	759.77	887.02
Cash & Short-Term Investments	467.27	581.54	606.76	605.31	759.77	887.02
Cash Growth	16.38%	-4.16%	0.24%	-20.33%	-14.35%	188.89%
Accounts Receivable	1,338	1,395	1,374	1,490	1,389	989.45
Other Receivables	10.28	0.17	1.25	0.7	14.82	17.5
Receivables	1,348	1,395	1,375	1,491	1,404	1,007
Inventory	565.91	433.58	339.31	328.59	325.99	506.3
Other Current Assets	8.88	23.04	25.68	30.85	9.71	18.91
Total Current Assets	2,390	2,433	2,347	2,455	2,499	2,419
Property, Plant & Equipment	434.81	460.28	485.4	345.2	304.42	281.69
Other Intangible Assets	71.43	73.26	75.65	78.56	78.45	80.84
Long-Term Deferred Tax Assets	39.02	36.58	34.42	18.59	4.56	3.37
Long-Term Deferred Charges	2.46	2.81	3.31	5.3	6.54	3.52
Other Long-Term Assets	124.46	127.61	129.89	312.78	282.05	262.25
Total Assets	3,062	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	1,001	1,105	1,036	1,206	1,161	1,030
Accrued Expenses	-	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	0.47	-	-	-	65.57	160
Current Portion of Leases	-	-	-	1.5	2.21	0.51
Current Income Taxes Payable	5.91	2.85	5.45	5.1	9.1	3.96
Current Unearned Revenue	27.16	12.64	13.91	0.84	5.23	39.52
Other Current Liabilities	66.64	74.41	123.58	132.29	125.01	163.18
Total Current Liabilities	1,311	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	11.75	13.35	13.74	14.14	13.61	14.82
Pension & Post-Retirement Benefits	-	2.62	2.72	2.92	3.15	3.6
Other Long-Term Liabilities	2.42	-	-	-	1.91	1.91
Total Liabilities	1,325	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	Sep 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	724.37	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	1,720	1,690	1,646	1,612	1,585	1,479
Minority Interest	17.02	16.32	16.15	17.16	15.17	13.75
Shareholders' Equity	1,737	1,706	1,662	1,629	1,601	1,493
Total Liabilities & Equity	3,062	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	210.08	209.62	209.64	213.62	215.11	284.19
Net Cash (Debt)	257.19	371.91	397.12	391.69	544.66	602.83
Net Cash Growth	34.03%	-6.35%	1.39%	-28.09%	-9.65%	-
Net Cash Per Share	0.68	0.99	1.05	1.04	1.45	2.02
Filing Date Shares Outstanding	376.74	376.29	376.29	376.29	376.29	376.29
Total Common Shares Outstanding	376.74	376.29	376.29	376.29	376.29	376.29
Working Capital	1,079	1,022	950.09	887.61	946	955.28
Book Value Per Share	4.57	4.49	4.37	4.28	4.21	3.93
Tangible Book Value	1,649	1,617	1,570	1,533	1,507	1,398
Tangible Book Value Per Share	4.38	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: Oct 8, 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:

Oct 23, 2026

Data Sources Report a data error