Xi'an Xice Testing Technology Co., Ltd. (SHE:301306)

SHE:301306 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	183.6	179.73	251.07	615.43	51.23	34.93
Trading Asset Securities	23	110.02	193.29	165.32	-	20.19
Cash & Short-Term Investments	206.6	289.76	444.35	780.75	51.23	55.12
Cash Growth	-31.06%	-34.79%	-43.09%	1423.89%	-7.05%	66.43%
Accounts Receivable	463.23	489.78	436.4	352.84	272.49	218.63
Other Receivables	7.92	53.88	28.12	7.86	2.39	3.36
Receivables	471.16	543.66	464.51	360.7	274.88	221.99
Inventory	29.63	65.57	55.59	7	13.84	3.44
Other Current Assets	63.51	5.24	17.27	9.85	7.32	4.71
Total Current Assets	770.9	904.23	981.73	1,158	347.27	285.26
Property, Plant & Equipment	690.87	606.78	453.71	189.26	152.27	110.8
Long-Term Investments	38.73	25.21	22.19	10.9	8.79	6.85
Goodwill	-	-	-	-	2.9	2.9
Other Intangible Assets	15.48	16.2	15.24	13.96	13.96	0.21
Long-Term Deferred Tax Assets	7.89	8.36	8.07	5.06	7.84	4.37
Long-Term Deferred Charges	33.36	32.64	26.55	6.83	5.64	4.52
Other Long-Term Assets	23.56	10.91	21.98	27.63	-	5.06
Total Assets	1,581	1,604	1,529	1,412	538.67	419.97
Accounts Payable	126.27	161.61	97.02	60.63	53.39	22.72
Accrued Expenses	13.01	22.03	22.58	17.87	16.73	9.84
Short-Term Debt	31.47	74.3	89.65	20.02	40.32	21.93
Current Portion of Long-Term Debt	145.53	16.06	3.37	3.06	21.03	2
Current Portion of Leases	-	25.49	19.38	8.87	8.64	3.02
Current Income Taxes Payable	1.99	3.2	1.56	9.57	4.35	11.82
Current Unearned Revenue	2.94	6.08	8.23	6.9	7.08	4.68
Other Current Liabilities	8.68	13.89	23.59	9.37	1.07	21.1
Total Current Liabilities	329.9	322.65	265.36	136.29	152.6	97.11
Long-Term Debt	249.3	172.82	-	-	-	21.02
Long-Term Leases	51.09	59.42	64.06	18.86	13.84	0.56
Long-Term Unearned Revenue	10.1	8.77	7.16	8.58	8.4	8.71
Long-Term Deferred Tax Liabilities	-	-	0.15	0.79	4.43	0.74
Total Liabilities	640.4	563.65	336.74	164.51	179.28	128.14
Common Stock	84.4	84.4	84.4	84.4	63.3	63.3
Additional Paid-In Capital	975.55	971.15	968.75	962.18	175.69	175.69
Retained Earnings	-144.65	-38.66	119.61	183.96	119.3	52.25
Comprehensive Income & Other	0.02	0.24	0.21	0.13	-0.02	-
Total Common Equity	915.32	1,017	1,173	1,231	358.27	291.24
Minority Interest	25.08	23.55	19.76	16.76	1.12	0.6
Shareholders' Equity	940.4	1,041	1,193	1,247	359.39	291.83
Total Liabilities & Equity	1,581	1,604	1,529	1,412	538.67	419.97
Total Debt	477.4	348.09	176.45	50.82	83.83	48.53
Net Cash (Debt)	-270.79	-58.33	267.9	729.93	-32.59	6.59
Net Cash Growth	-	-	-63.30%	-	-	-
Net Cash Per Share	-3.23	-0.69	3.16	10.16	-0.52	0.11
Filing Date Shares Outstanding	84.4	84.4	84.4	84.4	63.3	63.3
Total Common Shares Outstanding	84.4	84.4	84.4	84.4	63.3	63.3
Working Capital	441	581.58	716.37	1,022	194.66	188.16
Book Value Per Share	10.85	12.05	13.90	14.58	5.66	4.60
Tangible Book Value	899.84	1,001	1,158	1,217	341.4	288.13
Tangible Book Value Per Share	10.66	11.86	13.72	14.42	5.39	4.55
Machinery	-	522.64	374.9	211.08	185.6	127.46
Construction In Progress	-	146.76	98.68	31.26	1.93	12.88

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