XTC New Energy Materials(Xiamen) Co.,Ltd. (SHA:688778)

SHA:688778 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,926	1,635	1,200	1,017	428.52	277.92
Trading Asset Securities	452.85	502.77	504.16	450.23	200.54	-
Cash & Short-Term Investments	2,378	2,138	1,704	1,467	629.06	277.92
Cash Growth	7.83%	25.48%	16.16%	133.16%	126.35%	440.24%
Accounts Receivable	3,430	3,673	3,973	6,145	3,131	1,442
Other Receivables	13.86	6.35	5.77	6.12	17.75	44.05
Receivables	3,443	3,679	3,979	6,152	3,149	1,486
Inventory	3,407	2,476	1,964	3,352	2,873	1,214
Other Current Assets	361.41	278.81	186.55	82.34	302.18	221.48
Total Current Assets	9,590	8,571	7,833	11,052	6,953	3,200
Property, Plant & Equipment	5,193	5,205	4,696	3,833	3,323	2,670
Long-Term Investments	415.47	416.66	397.21	100.26	-	4.17
Other Intangible Assets	373.67	368.66	377.54	280.23	242.33	247.81
Long-Term Deferred Tax Assets	205.8	159.61	125.59	108.38	85.89	60.07
Long-Term Deferred Charges	48.38	11.79	17.26	-	-	-
Other Long-Term Assets	26.52	14.31	34.89	9.52	74.76	39.86
Total Assets	15,853	14,747	13,481	15,384	10,679	6,222
Accounts Payable	2,632	2,508	1,400	4,885	4,651	1,600
Accrued Expenses	103.63	50.09	21.85	23.8	15.08	31.47
Short-Term Debt	2,267	1,832	1,764	70.06	6.38	1,043
Current Portion of Long-Term Debt	107.85	83.74	26.05	622.29	252.29	-
Current Portion of Leases	6.12	8.03	7.09	4.83	2.34	-
Current Income Taxes Payable	52.54	16.74	4.49	79.24	52.55	6.58
Current Unearned Revenue	57.71	2.62	4.3	5.52	11.59	1.94
Other Current Liabilities	638.65	487.54	542.29	311.6	217.9	439.31
Total Current Liabilities	5,866	4,989	3,770	6,002	5,210	3,122
Long-Term Debt	462.82	466.01	704.66	870.79	1,383	1,135
Long-Term Leases	2.59	2.7	10.75	10.34	1.82	-
Long-Term Unearned Revenue	225.71	206.84	124.48	119.34	120	130.36
Long-Term Deferred Tax Liabilities	4.84	5.56	8.17	6.74	4.07	4.63
Other Long-Term Liabilities	15.05	15.05	24.05	24.05	24.06	24.05
Total Liabilities	6,577	5,685	4,642	7,033	6,743	4,417
Common Stock	420.77	420.77	420.77	300.55	251.57	188.68
Additional Paid-In Capital	5,981	6,022	6,022	6,142	2,861	1,372
Retained Earnings	2,469	2,339	2,138	1,761	766.52	187.91
Treasury Stock	-40.68	-35.69	-	-	-	-
Comprehensive Income & Other	31.28	-8.14	0.61	-4	0.74	-0.67
Total Common Equity	8,862	8,737	8,582	8,200	3,880	1,748
Minority Interest	414.33	325.04	257.79	150.62	56.33	57.1
Shareholders' Equity	9,276	9,062	8,839	8,350	3,937	1,805
Total Liabilities & Equity	15,853	14,747	13,481	15,384	10,679	6,222
Total Debt	2,846	2,392	2,512	1,578	1,646	2,178
Net Cash (Debt)	-467.7	-254.64	-808.44	-111.55	-1,017	-1,900
Net Cash Per Share	-0.93	-0.51	-1.60	-0.25	-2.89	-6.14
Filing Date Shares Outstanding	506.09	503.52	504.93	504.93	422.64	316.98
Total Common Shares Outstanding	506.09	503.52	504.93	504.93	422.64	316.98
Working Capital	3,724	3,583	4,063	5,050	1,744	77.37
Book Value Per Share	17.51	17.35	17.00	16.24	9.18	5.51
Tangible Book Value	8,488	8,369	8,204	7,919	3,638	1,500
Tangible Book Value Per Share	16.77	16.62	16.25	15.68	8.61	4.73
Buildings	2,143	1,790	1,491	1,477	1,131	840.48
Machinery	4,040	3,502	3,434	3,247	2,483	2,042
Construction In Progress	1,026	1,673	1,178	179.39	515.78	290.75

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