China Pipe Group Limited (HKG:0380)

China Pipe Group Balance Sheet

Financials in millions HKD. 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	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	440.09	445.01	281.96	228.14	206.49	172.08
Short-Term Investments	5.26	6.44	8.42	7.61	61.96	5.06
Trading Asset Securities	1.56	1.57	1.52	1.54	1.51	1.71
Cash & Short-Term Investments	446.91	453.02	291.89	237.29	269.96	178.85
Cash Growth	27.78%	55.20%	23.01%	-12.11%	50.94%	-8.86%
Accounts Receivable	170.81	155.5	195.57	187.33	151.48	159.55
Other Receivables	2.19	2.65	0.08	0.32	0.75	0
Receivables	173	163.15	273.48	187.65	152.23	239.71
Inventory	164.68	196.84	246.39	217.33	243.7	273.87
Prepaid Expenses	-	-	-	-	2.54	58
Restricted Cash	-	-	1.07	1.11	-	10
Other Current Assets	136.74	106.93	141.86	136.97	46	36
Total Current Assets	921.33	919.93	954.69	780.34	714.43	796.43
Property, Plant & Equipment	44.03	51.9	68.48	84.05	97.09	98.23
Other Intangible Assets	1.03	1.24	1.26	0.27	0.32	0.38
Other Long-Term Assets	29.99	6.87	7.41	7.16	7.37	6.6
Total Assets	1,075	1,058	1,037	950.13	902.37	901.63

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	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	42.66	41.8	48.53	30.14	32.06	56.6
Accrued Expenses	9.39	17.43	19.34	20.16	20.85	24.92
Short-Term Debt	52.12	52.37	50.46	62.17	53.35	56.02
Current Portion of Leases	26.96	24.39	23.47	25.52	22.91	18.73
Current Income Taxes Payable	0.85	0.06	8.6	4.36	0.03	7.5
Current Unearned Revenue	25.03	21.51	24.68	17.8	20.73	27.03
Other Current Liabilities	-	0.04	-	-	-	-
Total Current Liabilities	157	157.59	175.08	160.14	149.92	190.79
Long-Term Leases	14.37	25.05	42.56	56.79	78.12	85.1
Long-Term Deferred Tax Liabilities	0.81	0.8	1.09	2.86	2.12	1.66
Other Long-Term Liabilities	0.66	1.14	1.07	0.55	0.54	0.97
Total Liabilities	172.84	184.58	219.8	220.35	230.7	278.53

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	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	26.65	26.65	26.65	26.65	26.65	26.65
Additional Paid-In Capital	126.55	126.55	126.55	126.55	126.55	126.55
Retained Earnings	707.88	679.53	623.57	536.35	477.96	428.74
Comprehensive Income & Other	41.02	40.56	40.28	40.24	40.52	41.17
Total Common Equity	902.1	873.29	817.04	729.78	671.67	623.1
Shareholders' Equity	902.1	873.29	817.04	729.78	671.67	623.1
Total Liabilities & Equity	1,075	1,058	1,037	950.13	902.37	901.63

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	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	93.46	101.81	116.48	144.48	154.38	159.85
Net Cash (Debt)	353.45	351.21	175.41	92.81	115.58	19
Net Cash Growth	35.58%	100.22%	89.01%	-19.71%	508.19%	1.95%
Net Cash Per Share	0.27	0.26	0.13	0.07	0.09	0.01
Filing Date Shares Outstanding	1,332	1,332	1,332	1,332	1,332	1,332
Total Common Shares Outstanding	1,332	1,332	1,332	1,332	1,332	1,332
Working Capital	764.32	762.34	779.61	620.2	564.52	605.64
Book Value Per Share	0.68	0.66	0.61	0.55	0.50	0.47
Tangible Book Value	901.07	872.04	815.79	729.51	671.35	622.73
Tangible Book Value Per Share	0.68	0.65	0.61	0.55	0.50	0.47
Machinery	-	34.22	34.3	33.52	27.18	36.92
Leasehold Improvements	-	11.5	11.31	10.25	9.04	16.57

Data Source: S&P Global Market Intelligence Last updated: Sep 17, 2026

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

Update frequency:

Semi-annually

Last checked:

Oct 7, 2026

Data Sources Report a data error