Changzhou Xiangming Intelligent Drive System Corporation (SHE:301226)

SHE:301226 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	Jan 1, 2024	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	185.33	242.21	115.15	212.31	36.75	44.02
Short-Term Investments	-	36.35	-	-	-	-
Trading Asset Securities	241.12	114.47	233.81	238.52	14.96	20.35
Cash & Short-Term Investments	426.45	393.03	348.97	450.83	51.71	64.37
Cash Growth	25.55%	12.63%	-22.60%	771.84%	-19.67%	83.88%
Accounts Receivable	190.54	207.95	247.47	239.6	290.01	243.76
Other Receivables	3.4	3.64	3.44	0.81	0.45	0.3
Receivables	193.95	211.58	250.91	240.42	290.47	244.06
Inventory	115.43	113.79	114.6	142.5	125.28	93.85
Prepaid Expenses	-	1.83	-	-	-	-
Other Current Assets	9.9	5.9	7.35	5.75	15.14	4.77
Total Current Assets	745.73	726.13	721.83	839.49	482.6	407.05
Property, Plant & Equipment	247.08	245.86	239.38	201.05	154.71	104.5
Long-Term Investments	10.71	-	42.27	-	-	-
Other Intangible Assets	32.22	33.64	33.35	17.91	17.01	17.6
Long-Term Deferred Tax Assets	2.68	2.63	1.29	0.97	3.03	2.73
Long-Term Deferred Charges	2.21	2.8	2.84	1.31	1.02	5.39
Other Long-Term Assets	10.3	12.05	5.14	11.51	1.42	0.84
Total Assets	1,051	1,023	1,046	1,072	659.78	538.12
Accounts Payable	69.66	62.93	85.34	99.31	138.04	95.23
Accrued Expenses	9.9	12.48	13.47	12.37	11.45	10.9
Current Portion of Leases	0.59	1.01	0.2	0.09	0.07	-
Current Income Taxes Payable	1.2	1.37	-	-	0.38	0.9
Current Unearned Revenue	8.35	2.83	3.65	4.31	6.8	6.94
Other Current Liabilities	36.54	28.48	35.41	49.73	55.41	40.18
Total Current Liabilities	126.25	109.09	138.07	165.8	212.14	154.16
Long-Term Leases	2.44	1.38	1.66	1.33	1.31	-
Long-Term Unearned Revenue	10.27	11.14	2.12	1.34	1.9	2.46
Long-Term Deferred Tax Liabilities	-	-	-	-	0.44	0.05
Total Liabilities	138.96	121.62	141.85	168.47	215.79	156.67
Common Stock	108.8	108.8	108.8	68	51	51
Additional Paid-In Capital	534.51	534.51	534.51	575.31	154.64	154.64
Retained Earnings	266.02	263.21	258.93	258.69	236.79	174.21
Comprehensive Income & Other	2.25	-5.02	2	1.78	1.56	1.61
Total Common Equity	911.58	901.49	904.24	903.78	443.99	381.45
Minority Interest	0.39	0.01	-	-	-	-
Shareholders' Equity	911.97	901.5	904.24	903.78	443.99	381.45
Total Liabilities & Equity	1,051	1,023	1,046	1,072	659.78	538.12
Total Debt	3.03	2.4	1.86	1.42	1.38	-
Net Cash (Debt)	423.42	390.63	347.1	449.41	50.33	64.37
Net Cash Growth	25.66%	12.54%	-22.77%	792.84%	-21.80%	83.88%
Net Cash Per Share	3.90	3.60	3.21	4.37	0.62	0.79
Filing Date Shares Outstanding	108.8	108.8	108.8	108.8	108.8	81.56
Total Common Shares Outstanding	108.8	108.8	108.8	108.8	81.6	81.56
Working Capital	619.48	617.04	583.76	673.69	270.46	252.89
Book Value Per Share	8.38	8.29	8.31	8.31	5.44	4.68
Tangible Book Value	879.36	867.85	870.9	885.87	426.98	363.85
Tangible Book Value Per Share	8.08	7.98	8.00	8.14	5.23	4.46
Buildings	-	170.42	168.14	124.73	64.01	69.04
Machinery	-	181.7	164.18	149.7	101.18	95.78
Construction In Progress	-	8.46	1.43	3.03	56.06	-

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