Xin Hee Co.,Ltd. (SHE:003016)

Xin Hee 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	545.69	701.23	687.6	866.3	1,581	1,678
Short-Term Investments	-	131.26	180.08	10	-	-
Trading Asset Securities	404.22	338.5	322.61	292.52	70.6	-
Cash & Short-Term Investments	949.91	1,171	1,190	1,169	1,652	1,678
Cash Growth	-8.76%	-1.62%	1.84%	-29.25%	-1.56%	205.35%
Accounts Receivable	144.75	120.47	162.56	191.27	194.3	150.19
Other Receivables	63.47	64.45	67.9	77.02	81.56	71.77
Receivables	208.22	184.91	230.46	268.29	275.86	221.96
Inventory	541.02	655.17	769.06	781.78	605.49	664.18
Other Current Assets	279.98	13.1	23.16	21.19	14.53	12.58
Total Current Assets	1,979	2,024	2,213	2,240	2,548	2,577
Property, Plant & Equipment	962.11	909.23	938.6	1,002	1,008	765.26
Long-Term Investments	158.93	190.38	176.12	103.27	-	-
Other Intangible Assets	152.65	156.67	160.59	87.76	91.4	92.07
Long-Term Deferred Tax Assets	100.14	88.77	55.23	82.62	89.91	71.36
Long-Term Deferred Charges	63.06	42.07	45.5	77.09	94.07	80.53
Other Long-Term Assets	38.61	42.12	47.04	51.67	18.47	1.6
Total Assets	3,455	3,453	3,636	3,645	3,850	3,588
Accounts Payable	111.48	108.53	182.49	273.38	228.88	279.11
Accrued Expenses	100.08	155.35	161.23	161.48	218.52	210.6
Short-Term Debt	29	50	120.07	-	-	-
Current Portion of Long-Term Debt	182.69	46.16	2.77	1.04	-	-
Current Portion of Leases	-	46.61	55.88	76.81	92.98	-
Current Income Taxes Payable	24.26	3.1	5.86	12.01	11.29	13.11
Current Unearned Revenue	56.98	73.78	82.98	89.81	88.02	96.19
Other Current Liabilities	62.05	57.89	91	90.29	86.47	66.8
Total Current Liabilities	566.55	541.43	702.29	704.83	726.16	665.82
Long-Term Debt	119	223.78	90.14	34.5	-	-
Long-Term Leases	89.13	30	19.99	32.78	47.69	0
Long-Term Unearned Revenue	1.48	1.59	1.74	1.89	2.03	2.13
Long-Term Deferred Tax Liabilities	0.49	0.57	0.56	22.63	28.58	-
Total Liabilities	776.65	797.36	814.72	796.64	804.46	667.94
Common Stock	420.52	428.52	430.04	431.65	432.36	426.67
Additional Paid-In Capital	1,171	1,241	1,247	1,256	1,258	1,226
Retained Earnings	1,071	1,061	1,223	1,247	1,372	1,256
Treasury Stock	-	-87.4	-92.89	-100.26	-25.39	-
Comprehensive Income & Other	15.68	13.37	15.01	13.46	8.77	11.06
Shareholders' Equity	2,678	2,656	2,821	2,848	3,046	2,920
Total Liabilities & Equity	3,455	3,453	3,636	3,645	3,850	3,588
Total Debt	419.82	396.55	288.85	145.13	140.68	0
Net Cash (Debt)	530.09	774.44	901.44	1,024	1,511	1,678
Net Cash Growth	-16.38%	-14.09%	-11.94%	-32.27%	-9.95%	205.35%
Net Cash Per Share	1.27	1.85	2.15	2.41	3.50	4.97
Filing Date Shares Outstanding	420.52	418.52	413.42	421.65	432.36	426.67
Total Common Shares Outstanding	420.52	418.52	413.42	421.65	432.36	426.67
Working Capital	1,413	1,483	1,511	1,535	1,822	1,911
Book Value Per Share	6.37	6.35	6.82	6.75	7.04	6.84
Tangible Book Value	2,525	2,499	2,661	2,760	2,954	2,828
Tangible Book Value Per Share	6.01	5.97	6.44	6.55	6.83	6.63
Buildings	-	834.57	834.57	834.24	277.21	-
Machinery	-	125.43	124.55	119.19	107.09	-
Construction In Progress	-	3.77	1.49	10.03	589.36	-

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