X Financial Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,021	987.63	984.61	1,195	602.27	584.76
Cash & Short-Term Investments	1,021	987.63	984.61	1,195	602.27	584.76
Cash Growth	-26.50%	0.31%	-17.63%	98.47%	2.99%	-21.65%
Accounts Receivable	2,498	3,146	2,030	1,660	1,164	755.37
Other Receivables	-	-	-	-	15	15
Receivables	6,817	8,445	6,858	6,616	5,119	3,656
Prepaid Expenses	37.91	21.41	10.68	8.42	22.1	19.33
Restricted Cash	1,348	1,146	676.79	749.07	404.69	407.28
Other Current Assets	1,410	1,736	1,983	1,743	1,802	1,683
Total Current Assets	10,634	12,335	10,513	10,312	7,951	6,351
Property, Plant & Equipment	26.43	68.68	55.07	59.27	68.55	31.39
Long-Term Investments	2,348	1,759	1,012	1,102	688.61	642.88
Other Intangible Assets	38.84	39.18	36.59	36.81	36.55	36.82
Long-Term Deferred Tax Assets	506.79	455.36	197.71	135.96	88.43	274.87
Other Long-Term Assets	52.24	8.58	5.71	4.64	4.52	6.08
Total Assets	13,606	14,666	11,819	11,650	8,838	7,343
Accrued Expenses	1,134	1,115	1,145	789.72	709.91	451.86
Short-Term Debt	353.87	409.53	328.5	565	70.21	166.5
Current Portion of Leases	-	10.86	12.73	12.85	11.3	12.33
Current Income Taxes Payable	749.17	677.52	591.49	446.5	270.09	117.15
Other Current Liabilities	88.42	228.24	146.64	208.97	182.08	634.88
Total Current Liabilities	2,326	2,442	2,224	2,023	1,244	1,383
Long-Term Leases	32.85	34.81	27.52	37.57	51.19	12.02
Long-Term Unearned Revenue	388.88	467.63	164.72	46.6	-	-
Long-Term Deferred Tax Liabilities	92.34	69.67	65.96	30.04	0.72	-
Other Long-Term Liabilities	2,998	3,815	2,384	3,666	2,789	1,971
Total Liabilities	5,838	6,829	4,866	5,803	4,084	3,366
Common Stock	0.21	0.21	0.21	0.21	0.21	0.21
Additional Paid-In Capital	3,257	3,256	3,207	3,197	3,191	3,160
Retained Earnings	5,448	5,484	4,175	2,692	1,623	810.86
Treasury Stock	-988.21	-967.77	-509.64	-111.52	-124.6	-
Comprehensive Income & Other	50.99	63.72	81.05	69.48	63.6	6.31
Total Common Equity	7,769	7,837	6,953	5,847	4,753	3,977
Shareholders' Equity	7,769	7,837	6,953	5,847	4,753	3,977
Total Liabilities & Equity	13,606	14,666	11,819	11,650	8,838	7,343
Total Debt	386.73	455.19	368.75	615.42	132.71	190.85
Net Cash (Debt)	634.51	532.44	615.86	579.93	469.56	393.91
Net Cash Growth	-17.18%	-13.55%	6.20%	23.50%	19.20%	12.11%
Net Cash Per Share	15.64	12.80	12.60	11.96	8.74	7.02
Filing Date Shares Outstanding	39.02	38.52	42.21	49.19	48.15	54.85
Total Common Shares Outstanding	39.02	39.09	41.78	48.93	47.99	54.85
Working Capital	8,308	9,894	8,288	8,289	6,707	4,968
Book Value Per Share	199.07	200.50	166.42	119.51	99.05	72.50
Tangible Book Value	7,730	7,798	6,917	5,810	4,717	3,940
Tangible Book Value Per Share	198.08	199.50	165.55	118.76	98.29	71.83
Machinery	-	40.62	33.82	26.65	26.21	23.12
Leasehold Improvements	-	33.38	27.53	24.31	23.71	22.8

SEC Filings: 10-K · 10-Q