Xunlei Ltd balance sheet

At the end of fiscal 2025, Xunlei Ltd had total assets of $1.63bn, total liabilities of $259m and shareholders' equity of $1.37bn. It held $157m in cash against $75.6m of debt: net cash of $81.4m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Xunlei Ltd: balance sheet, annual
Fiscal year	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash and equivalents	82	94	404	362	200	233	123	162	137	123	177	171	177	157
Receivables	—	35	5	11	15	41	19	28	23	26	30	31	33	68
Inventory	—	—	—	0	0	4	13	6	2	1	0	2	1	0
Total current assets	—	194	502	458	412	431	363	317	302	294	332	327	363	400
Goodwill	—	—	23	22	20	22	21	20	23	23	21	21	—	39
Total assets	—	244	580	538	510	533	455	425	416	441	463	469	474	1,632
Accounts payable	—	40	15	22	33	50	23	24	21	26	25	24	23	42
Deferred revenue (current)	—	29	28	25	23	17	0	32	34	37	39	36	40	43
Total current liabilities	—	105	103	77	93	142	108	111	103	120	128	128	127	208
Short-term debt	—	—	—	—	—	—	—	—	—	—	—	7	2	37
Long-term debt	—	—	—	—	—	—	—	11	20	—	—	16	27	38
Total debt	0	0	0	0	0	0	0	11	20	—	0	22	29	76
Total liabilities	—	125	123	94	104	151	111	129	125	139	155	145	156	259
Shareholders' equity	68	79	457	445	408	385	345	297	292	304	310	325	318	1,373
Non-controlling interests and other (assets − liabilities − equity)	—	40	—	—	—	—	—	—	—	—	—	—	—	—
Net debt (negative = net cash)	−82	−94	−404	−362	−200	−233	−123	−151	−117	−123	−177	−148	−148	−81
Shares outstanding	—	12m	—	68m	66m	67m	67m	68m	67m	67m	65m	65m	61m	63m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Xunlei Ltd's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Xunlei Ltd.