ZTE Corporation Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	35,547	43,885	78,543	56,346	50,713	35,660
Short-Term Investments	3.14	3.09	-	-	-	-
Trading Asset Securities	17,058	13,769	153.29	513.78	1,361	1,037
Cash & Short-Term Investments	52,608	57,657	78,697	56,860	52,074	36,697
Cash Growth	-13.67%	-26.73%	38.40%	9.19%	41.90%	8.35%
Accounts Receivable	30,867	30,510	29,744	26,396	29,492	26,988
Other Receivables	1,958	2,598	1,146	1,347	1,267	856.31
Receivables	32,825	33,108	30,890	27,743	30,846	28,140
Inventory	46,099	41,258	41,131	45,235	36,317	33,689
Prepaid Expenses	-	8,698	7,326	7,463	7,747	-
Other Current Assets	11,856	1,067	459.96	573.06	887.71	8,451
Total Current Assets	143,388	141,787	158,505	137,874	127,871	106,977
Property, Plant & Equipment	15,816	16,415	15,917	14,957	13,625	14,001
Long-Term Investments	33,750	28,118	2,989	2,782	2,860	3,251
Goodwill	14.43	14.43	-	-	-	186.21
Other Intangible Assets	6,719	3,049	2,760	3,087	3,637	4,447
Long-Term Accounts Receivable	1,392	842.64	2,024	2,748	2,600	3,027
Long-Term Deferred Tax Assets	4,911	4,396	4,146	3,719	3,195	3,437
Long-Term Deferred Charges	1,791	5,705	6,239	6,839	6,911	6,993
Other Long-Term Assets	6,876	6,996	8,378	8,947	8,064	8,315
Total Assets	214,658	207,323	200,958	180,954	168,763	150,635
Accounts Payable	35,433	33,331	28,374	29,705	33,275	28,516
Accrued Expenses	15,285	18,862	18,020	14,865	13,384	11,675
Short-Term Debt	3,630	7,027	12,573	9,962	8,947	10,559
Current Portion of Long-Term Debt	8,071	4,454	1,680	354.76	790.39	1,853
Current Portion of Leases	-	544.78	522.99	391.54	389.2	453.13
Current Income Taxes Payable	1,393	428.61	637.45	594.91	361.34	445.02
Current Unearned Revenue	10,924	12,885	14,963	17,748	16,146	15,631
Other Current Liabilities	4,068	5,103	6,259	4,802	5,393	5,263
Total Current Liabilities	78,804	82,635	83,030	78,424	78,685	74,395
Long-Term Debt	53,486	45,072	42,587	35,321	30,159	22,968
Long-Term Leases	1,046	972.94	960.46	788.65	531.98	718.19
Long-Term Unearned Revenue	1,859	1,504	2,324	2,540	2,095	2,465
Pension & Post-Retirement Benefits	148.14	153.65	141.76	144.87	147.54	144.25
Long-Term Deferred Tax Liabilities	90.17	90.65	77.87	87.14	150.35	134.32
Other Long-Term Liabilities	3,841	3,783	3,505	4,105	3,706	3,688
Total Liabilities	139,275	134,213	132,627	121,410	115,476	104,512
Common Stock	4,784	4,784	4,783	4,736	4,731	4,613
Additional Paid-In Capital	-	27,476	27,603	25,893	25,360	23,276
Retained Earnings	45,297	42,926	37,768	30,338	23,678	17,793
Treasury Stock	-	-	-	-	-	-114.77
Comprehensive Income & Other	25,011	-2,377	-2,147	-2,326	-2,287	-2,271
Total Common Equity	75,091	72,808	68,008	58,641	51,482	43,297
Minority Interest	291.68	301.8	323.14	902.04	1,806	2,826
Shareholders' Equity	75,383	73,110	68,331	59,543	53,288	46,123
Total Liabilities & Equity	214,658	207,323	200,958	180,954	168,763	150,635
Total Debt	66,232	58,072	58,324	46,818	40,817	36,551
Net Cash (Debt)	-13,624	-414.5	20,373	10,042	11,257	145.48
Net Cash Growth	-	-	102.88%	-10.79%	7637.51%	-
Net Cash Per Share	-2.85	-0.09	4.28	2.12	2.42	0.03
Filing Date Shares Outstanding	4,784	4,784	4,783	4,736	4,731	4,610
Total Common Shares Outstanding	4,784	4,784	4,783	4,736	4,731	4,610
Working Capital	64,584	59,152	75,474	59,450	49,186	32,582
Book Value Per Share	15.70	15.22	14.22	12.38	10.88	9.39
Tangible Book Value	68,358	69,745	65,248	55,554	47,845	38,663
Tangible Book Value Per Share	14.29	14.58	13.64	11.73	10.11	8.39
Land	-	27.5	34.22	31.12	26.67	29.29
Buildings	-	12,746	11,556	10,472	9,116	9,563
Machinery	-	13,249	12,199	11,622	10,753	10,167
Construction In Progress	-	685.38	987.8	964	1,373	1,040

Source: S&P Global Market Intelligence. Standard template. Financial Sources.