Shandong Hi-Speed Holdings Group Limited (HKG:0412)

HKG:0412 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	4,577	4,308	5,202	3,885	1,087	4,249
Short-Term Investments	3,378	4,804	3,866	4,460	2,887	2,198
Trading Asset Securities	3,085	1,365	1,009	2,365	4,031	4,933
Cash & Short-Term Investments	11,040	10,477	10,076	10,710	8,005	11,380
Cash Growth	-24.04%	3.98%	-5.92%	33.79%	-29.65%	12.58%
Accounts Receivable	10,847	9,766	9,168	8,795	594.08	1,025
Other Receivables	3,160	649.44	445.97	345.04	217.99	334.79
Receivables	15,621	12,930	12,972	11,538	3,222	4,058
Inventory	37.19	44.69	64.96	84.04	-	-
Prepaid Expenses	-	849.37	574.62	667.05	74.59	40.55
Restricted Cash	488	411.11	259.72	190.78	2.96	74.4
Other Current Assets	356.64	453.98	800.45	1,361	1,023	20.48
Total Current Assets	27,543	25,166	24,749	24,551	12,327	15,573
Property, Plant & Equipment	24,456	24,718	25,363	22,211	84.9	44.1
Long-Term Investments	7,093	8,010	8,284	4,686	3,728	3,761
Goodwill	-	689.74	680.41	611.53	575.99	667.64
Other Intangible Assets	4,754	3,851	4,060	2,163	346.61	404.78
Long-Term Accounts Receivable	-	-	-	26.46	298.98	461.06
Long-Term Deferred Tax Assets	768.34	806.51	695.68	435.51	12.2	-
Other Long-Term Assets	1,426	1,391	1,623	5,419	725.06	-
Total Assets	67,531	66,174	66,188	60,997	18,697	21,023
Accounts Payable	873.57	890.34	1,351	1,718	-	-
Current Portion of Long-Term Debt	15,104	17,164	15,433	11,894	8,459	6,267
Current Portion of Leases	342.63	390.07	611.1	475.1	12.77	11.17
Current Income Taxes Payable	169.49	143.94	176.81	189.65	1.42	0.57
Other Current Liabilities	1,454	1,962	1,627	1,913	162.15	254.32
Total Current Liabilities	17,944	20,550	19,200	16,189	8,636	6,533
Long-Term Debt	29,837	25,876	26,217	26,839	2,903	6,220
Long-Term Leases	1,416	1,541	3,105	2,588	25.42	25.68
Long-Term Deferred Tax Liabilities	402.81	440.81	463.66	217.38	98.1	94.1
Other Long-Term Liabilities	9.3	9.3	9.03	1,387	18.45	18.45
Total Liabilities	49,609	48,416	48,994	47,220	11,681	12,891
Common Stock	5.33	5.33	5.33	5.32	4.91	5.07
Additional Paid-In Capital	-	5,403	5,403	5,405	4,986	5,153
Retained Earnings	-	-5,366	-5,354	-3,658	-3,020	-2,862
Comprehensive Income & Other	6,546	6,069	5,513	4,501	4,976	5,675
Total Common Equity	6,551	6,111	5,567	6,252	6,946	7,972
Minority Interest	11,371	11,647	11,626	7,524	69.87	159.62
Shareholders' Equity	17,922	17,758	17,194	13,777	7,016	8,131
Total Liabilities & Equity	67,531	66,174	66,188	60,997	18,697	21,023
Total Debt	46,700	44,970	45,366	41,796	11,401	12,524
Net Cash (Debt)	-35,659	-34,493	-35,290	-31,086	-3,395	-1,144
Net Cash Per Share	-5.92	-5.73	-5.86	-5.16	-0.56	-0.19
Filing Date Shares Outstanding	6,019	6,019	6,019	6,019	6,022	6,022
Total Common Shares Outstanding	6,019	6,019	6,019	6,019	6,022	6,022
Working Capital	9,599	4,616	5,549	8,362	3,691	9,040
Book Value Per Share	0.07	0.00	-0.15	-0.01	0.19	0.33
Tangible Book Value	1,797	1,570	826.81	3,478	6,024	6,899
Tangible Book Value Per Share	-0.72	-0.75	-0.94	-0.47	0.04	0.16
Buildings	-	1,308	906.8	370.67	44.83	-
Machinery	-	23,236	21,529	17,402	13.95	17.18
Construction In Progress	-	511.92	396.96	810.23	-	-
Leasehold Improvements	-	26.17	25.07	13.59	14.65	14.93

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.