XJ Electric 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	6,978	5,555	5,016	3,703	2,854	1,740
Cash & Short-Term Investments	6,978	5,555	5,016	3,703	2,854	1,740
Cash Growth	30.54%	10.74%	35.47%	29.73%	64.07%	24.31%
Accounts Receivable	8,879	10,298	8,947	8,412	8,246	9,220
Other Receivables	691.29	710.34	653.02	302.08	110.62	100.57
Receivables	9,570	11,009	9,600	8,714	8,356	9,321
Inventory	3,424	2,644	2,708	2,808	2,735	2,465
Other Current Assets	1,556	1,383	504.83	671.26	511.29	496.86
Total Current Assets	21,528	20,591	17,829	15,896	14,457	14,023
Property, Plant & Equipment	2,042	2,024	1,903	1,886	1,702	1,659
Long-Term Investments	346.31	340.24	333.9	3.29	20.28	17.06
Other Intangible Assets	690.84	742.61	796.44	824.71	802.12	802.69
Long-Term Accounts Receivable	1,385	1,205	732.06	566.69	460.41	-
Long-Term Deferred Tax Assets	209.46	242.58	246.45	181.32	181.95	179.75
Long-Term Deferred Charges	100.65	119.29	61.95	40.92	44.74	124.66
Total Assets	26,302	25,265	21,903	19,399	17,668	16,806
Accounts Payable	9,665	9,732	7,815	5,917	5,330	5,692
Accrued Expenses	15.47	95.24	121.5	204.06	178.7	109.51
Short-Term Debt	5.4	78.18	-	-	-	-
Current Portion of Long-Term Debt	-	5.24	-	308.14	-	-
Current Portion of Leases	-	22.74	17.53	14.03	21.07	-
Current Income Taxes Payable	66.55	39.6	44.56	33.06	6.35	13.48
Current Unearned Revenue	2,176	1,713	1,362	1,187	925.64	705.82
Other Current Liabilities	892.49	722.08	496.6	305.95	203.73	259.64
Total Current Liabilities	12,820	12,409	9,857	7,969	6,665	6,781
Long-Term Debt	153	153.46	-	-	809.66	809.66
Long-Term Leases	36.01	24.68	19.46	14.25	18.37	-
Long-Term Unearned Revenue	165.26	169.06	173.52	191.74	17.58	15.56
Long-Term Deferred Tax Liabilities	9.9	7.29	6.19	4.52	-	-
Other Long-Term Liabilities	90.86	119.57	153.56	122.55	1.03	1.03
Total Liabilities	13,276	12,883	10,210	8,302	7,512	7,607
Common Stock	1,019	1,019	1,019	1,008	1,008	1,008
Additional Paid-In Capital	657.84	639.89	606.98	911.89	823.26	694.78
Retained Earnings	10,203	9,697	9,155	8,335	7,589	6,965
Treasury Stock	-117.23	-126.08	-127.65	-	-	-
Comprehensive Income & Other	81.51	65.58	51.53	15.89	0.38	-
Total Common Equity	11,844	11,295	10,705	10,271	9,421	8,668
Minority Interest	1,183	1,087	988.33	826.49	735.95	530.95
Shareholders' Equity	13,027	12,382	11,693	11,098	10,157	9,199
Total Liabilities & Equity	26,302	25,265	21,903	19,399	17,668	16,806
Total Debt	194.41	284.3	36.98	336.42	849.1	809.66
Net Cash (Debt)	6,784	5,270	4,979	3,366	2,005	930.02
Net Cash Growth	28.92%	5.85%	47.91%	67.88%	115.60%	15.04%
Net Cash Per Share	6.69	5.20	4.93	3.23	1.99	0.92
Filing Date Shares Outstanding	1,019	1,019	1,019	1,008	1,008	1,008
Total Common Shares Outstanding	1,019	1,019	1,019	1,008	1,008	1,008
Working Capital	8,708	8,182	7,972	7,927	7,792	7,242
Book Value Per Share	11.63	11.09	10.51	10.19	9.34	8.60
Tangible Book Value	11,153	10,553	9,909	9,446	8,619	7,866
Tangible Book Value Per Share	10.95	10.36	9.72	9.37	8.55	7.80
Buildings	-	1,838	1,823	1,799	1,574	1,619
Machinery	-	1,979	1,875	1,817	1,559	1,480
Construction In Progress	-	209.45	101.19	52.36	140.84	61.79

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