ZTE Corporation Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	28,834	33,751	43,885	78,543	56,346	50,713
Short-Term Investments	514	510.7	3.09	-	-	-
Trading Asset Securities	20,072	17,396	13,769	153.29	513.78	1,361
Cash & Short-Term Investments	49,420	51,658	57,657	78,697	56,860	52,074
Cash Growth	-16.90%	-10.41%	-26.73%	38.40%	9.19%	41.90%
Accounts Receivable	33,306	30,600	30,510	29,744	26,396	29,492
Other Receivables	2,125	2,393	2,598	1,146	1,347	1,267
Receivables	35,430	32,993	33,108	30,890	27,743	30,846
Inventory	51,959	47,017	41,258	41,131	45,235	36,317
Prepaid Expenses	-	-	-	7,326	7,463	7,747
Other Current Assets	12,456	12,266	9,765	459.96	573.06	887.71
Total Current Assets	149,265	143,934	141,787	158,505	137,874	127,871
Property, Plant & Equipment	15,620	15,754	16,415	15,917	14,957	13,625
Long-Term Investments	38,026	35,452	28,118	2,989	2,782	2,860
Goodwill	-	-	14.43	-	-	-
Other Intangible Assets	5,957	2,783	3,049	2,760	3,087	3,637
Long-Term Accounts Receivable	1,210	1,202	842.64	2,024	2,748	2,600
Long-Term Deferred Tax Assets	5,114	5,166	4,396	4,146	3,719	3,195
Long-Term Deferred Charges	2,431	5,346	5,705	6,239	6,839	6,911
Other Long-Term Assets	8,101	8,103	6,996	8,378	8,947	8,064
Total Assets	225,724	217,739	207,323	200,958	180,954	168,763
Accounts Payable	41,710	34,037	33,331	28,374	29,705	33,275
Accrued Expenses	12,300	16,668	18,862	18,020	14,865	13,384
Short-Term Debt	4,467	3,629	7,027	12,573	9,962	8,947
Current Portion of Long-Term Debt	11,743	6,485	4,454	1,680	354.76	790.39
Current Portion of Leases	-	732.81	544.78	522.99	391.54	389.2
Current Income Taxes Payable	1,430	416.22	428.61	637.45	594.91	361.34
Current Unearned Revenue	13,977	15,635	12,885	14,963	17,748	16,146
Other Current Liabilities	4,437	4,379	5,103	6,259	4,802	5,393
Total Current Liabilities	90,065	81,981	82,635	83,030	78,424	78,685
Long-Term Debt	51,939	53,526	45,072	42,587	35,321	30,159
Long-Term Leases	1,109	940.37	972.94	960.46	788.65	531.98
Long-Term Unearned Revenue	1,594	1,638	1,504	2,324	2,540	2,095
Pension & Post-Retirement Benefits	139.79	141.69	153.65	141.76	144.87	147.54
Long-Term Deferred Tax Liabilities	63.06	107.91	90.65	77.87	87.14	150.35
Other Long-Term Liabilities	3,777	3,763	3,783	3,505	4,105	3,706
Total Liabilities	148,687	142,098	134,213	132,627	121,410	115,476
Common Stock	4,784	4,784	4,784	4,783	4,736	4,731
Additional Paid-In Capital	-	27,474	27,476	27,603	25,893	25,360
Retained Earnings	46,903	45,592	42,926	37,768	30,338	23,678
Comprehensive Income & Other	25,128	-2,425	-2,377	-2,147	-2,326	-2,287
Total Common Equity	76,814	75,426	72,808	68,008	58,641	51,482
Minority Interest	223.35	215.64	301.8	323.14	902.04	1,806
Shareholders' Equity	77,037	75,641	73,110	68,331	59,543	53,288
Total Liabilities & Equity	225,724	217,739	207,323	200,958	180,954	168,763
Total Debt	69,259	65,312	58,072	58,324	46,818	40,817
Net Cash (Debt)	-19,838	-13,654	-414.5	20,373	10,042	11,257
Net Cash Growth	-	-	-	102.88%	-10.79%	7637.51%
Net Cash Per Share	-4.09	-2.82	-0.09	4.28	2.12	2.42
Filing Date Shares Outstanding	4,784	4,784	4,784	4,783	4,736	4,731
Total Common Shares Outstanding	4,784	4,784	4,784	4,783	4,736	4,731
Working Capital	59,200	61,953	59,152	75,474	59,450	49,186
Book Value Per Share	16.06	15.77	15.22	14.22	12.38	10.88
Tangible Book Value	70,857	72,643	69,745	65,248	55,554	47,845
Tangible Book Value Per Share	14.81	15.19	14.58	13.64	11.73	10.11
Land	-	31.25	27.5	34.22	31.12	26.67
Buildings	-	12,825	12,746	11,556	10,472	9,116
Machinery	-	13,651	13,249	12,199	11,622	10,753
Construction In Progress	-	798.21	685.38	987.8	964	1,373

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