Changzhou Xiangming Intelligent Drive System Corporation (SHE:301226)

SHE:301226 Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Jan 1, 2024	Jan 1, 2023	Jan 1, 2022
Cash & Equivalents	283.83	180.22	242.21	115.15	212.31	36.75
Short-Term Investments	-	-	36.35	-	-	-
Trading Asset Securities	152.34	256.21	114.47	233.81	238.52	14.96
Cash & Short-Term Investments	436.16	436.43	393.03	348.97	450.83	51.71
Cash Growth	5.08%	11.04%	12.63%	-22.60%	771.84%	-19.67%
Accounts Receivable	166.59	171.05	207.95	247.47	239.6	290.01
Other Receivables	3.26	3.97	3.64	3.44	0.81	0.45
Receivables	169.85	175.02	211.58	250.91	240.42	290.47
Inventory	124.07	105.43	113.79	114.6	142.5	125.28
Prepaid Expenses	0.51	1.02	1.83	-	-	-
Other Current Assets	7.84	4.82	5.9	7.35	5.75	15.14
Total Current Assets	738.44	722.72	726.13	721.83	839.49	482.6
Property, Plant & Equipment	276.24	267.38	245.86	239.38	201.05	154.71
Long-Term Investments	3.96	3.96	-	42.27	-	-
Goodwill	1.14	1.14	-	-	-	-
Other Intangible Assets	40.72	42.94	33.64	33.35	17.91	17.01
Long-Term Deferred Tax Assets	4.64	3.04	2.63	1.29	0.97	3.03
Long-Term Deferred Charges	3.46	3.69	2.8	2.84	1.31	1.02
Other Long-Term Assets	6.54	5.49	12.05	5.14	11.51	1.42
Total Assets	1,075	1,050	1,023	1,046	1,072	659.78

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Jan 1, 2024	Jan 1, 2023	Jan 1, 2022
Accounts Payable	93.18	78.81	62.93	85.34	99.31	138.04
Accrued Expenses	12.8	12.75	12.48	13.47	12.37	11.45
Current Portion of Leases	0.98	0.45	1.01	0.2	0.09	0.07
Current Income Taxes Payable	0.04	-	1.37	-	-	0.38
Current Unearned Revenue	5.37	2.74	2.83	3.65	4.31	6.8
Other Current Liabilities	24.76	25.71	28.48	35.41	49.73	55.41
Total Current Liabilities	137.12	120.47	109.09	138.07	165.8	212.14
Long-Term Leases	2.96	2.27	1.38	1.66	1.33	1.31
Long-Term Unearned Revenue	19.4	9.98	11.14	2.12	1.34	1.9
Long-Term Deferred Tax Liabilities	1.04	1.25	-	-	-	0.44
Other Long-Term Liabilities	2.21	3.52	-	-	-	-
Total Liabilities	162.73	137.49	121.62	141.85	168.47	215.79

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Jan 1, 2024	Jan 1, 2023	Jan 1, 2022
Common Stock	108.8	108.8	108.8	108.8	68	51
Additional Paid-In Capital	534.51	534.51	534.51	534.51	575.31	154.64
Retained Earnings	263.75	263.04	263.21	258.93	258.69	236.79
Comprehensive Income & Other	1.92	1.71	-5.02	2	1.78	1.56
Total Common Equity	908.98	908.06	901.49	904.24	903.78	443.99
Minority Interest	3.45	4.81	0.01	-	-	-
Shareholders' Equity	912.42	912.87	901.5	904.24	903.78	443.99
Total Liabilities & Equity	1,075	1,050	1,023	1,046	1,072	659.78

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Jan 1, 2024	Jan 1, 2023	Jan 1, 2022
Total Debt	3.94	2.72	2.4	1.86	1.42	1.38
Net Cash (Debt)	432.22	433.71	390.63	347.1	449.41	50.33
Net Cash Growth	5.00%	11.03%	12.54%	-22.77%	792.84%	-21.80%
Net Cash Per Share	3.91	3.92	3.60	3.21	4.37	0.62
Filing Date Shares Outstanding	108.8	108.8	108.8	108.8	108.8	108.8
Total Common Shares Outstanding	108.8	108.8	108.8	108.8	108.8	81.6
Working Capital	601.32	602.25	617.04	583.76	673.69	270.46
Book Value Per Share	8.35	8.35	8.29	8.31	8.31	5.44
Tangible Book Value	867.11	863.98	867.85	870.9	885.87	426.98
Tangible Book Value Per Share	7.97	7.94	7.98	8.00	8.14	5.23
Buildings	215.23	192.58	170.42	168.14	124.73	64.01
Machinery	199.62	191.33	181.7	164.18	149.7	101.18
Construction In Progress	7.79	17.77	8.46	1.43	3.03	56.06

Data Source: S&P Global Market Intelligence Last updated: Aug 27, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 3, 2026

Data Sources Report a data error