Shenzhen Expressway Corporation Limited (HKG:0548)

HKG:0548 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	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	3,896	2,909	2,152	3,636	5,949	5,549
Short-Term Investments	-	374.28	204.39	-	-	-
Trading Asset Securities	3,445	129.82	468.79	1,112	564.02	-
Cash & Short-Term Investments	7,341	3,413	2,826	4,748	6,513	5,549
Cash Growth	126.67%	20.78%	-40.49%	-27.10%	17.36%	11.10%
Accounts Receivable	1,617	1,501	1,618	1,577	1,537	1,573
Other Receivables	644.15	1,099	602.22	1,174	1,157	795.59
Receivables	2,262	2,600	2,220	2,751	2,693	2,369
Inventory	1,074	1,095	1,356	1,314	1,339	939.8
Prepaid Expenses	-	46.08	24.13	17.66	13.44	0.01
Other Current Assets	1,755	489.54	526.06	465.65	724.05	1,224
Total Current Assets	12,431	7,644	6,952	9,297	11,282	10,081
Property, Plant & Equipment	7,166	7,517	7,685	7,511	7,856	3,756
Long-Term Investments	20,969	19,755	18,716	18,512	19,847	10,545
Goodwill	202.89	202.89	202.89	202.89	248.93	156.04
Other Intangible Assets	24,266	24,844	26,809	26,848	27,091	26,854
Long-Term Accounts Receivable	-	2,839	3,698	3,659	2,484	1,921
Long-Term Deferred Tax Assets	134.16	130.38	271.45	426.64	451.23	593.77
Long-Term Deferred Charges	21.83	22.85	45.31	59.13	79.74	61.52
Other Long-Term Assets	5,916	4,603	3,128	2,689	2,964	1,177
Total Assets	71,107	67,558	67,507	69,205	72,305	55,145
Accounts Payable	2,388	3,858	2,678	3,042	2,589	2,165
Accrued Expenses	281.85	757.01	784.66	869.6	888.56	882.18
Short-Term Debt	3,133	5,590	12,618	11,413	4,121	3,359
Current Portion of Long-Term Debt	5,793	2,528	2,358	6,327	4,913	3,629
Current Portion of Leases	-	15.81	34.23	53.52	62.03	36.72
Current Income Taxes Payable	380.18	156.53	238.06	185.52	250.16	255.07
Current Unearned Revenue	83.23	65.79	70.43	36.31	232.08	319.85
Other Current Liabilities	2,779	1,203	1,045	1,317	3,635	3,388
Total Current Liabilities	14,838	14,175	19,826	23,243	16,690	14,035
Long-Term Debt	21,660	24,494	17,527	16,212	21,114	12,126
Long-Term Leases	12.91	15.9	152.36	326.77	762.51	516.71
Long-Term Unearned Revenue	228.58	297.04	388.68	474.34	557.48	608.19
Long-Term Deferred Tax Liabilities	830.51	859.18	1,148	1,281	1,287	1,299
Other Long-Term Liabilities	926.51	514.97	465.44	303.05	361.51	280.44
Total Liabilities	38,496	40,356	39,509	41,841	40,772	28,866
Common Stock	2,538	2,181	2,181	2,181	2,181	2,181
Additional Paid-In Capital	8,704	4,392	4,389	4,391	8,864	6,004
Retained Earnings	12,869	12,093	12,330	11,185	10,089	9,990
Comprehensive Income & Other	3,271	3,237	3,458	3,592	4,427	4,869
Total Common Equity	27,382	21,904	22,358	21,348	25,561	23,043
Minority Interest	5,228	5,298	5,641	6,016	5,972	3,236
Shareholders' Equity	32,610	27,202	27,999	27,364	31,533	26,279
Total Liabilities & Equity	71,107	67,558	67,507	69,205	72,305	55,145
Total Debt	30,598	32,644	32,690	34,332	30,972	19,668
Net Cash (Debt)	-23,258	-29,232	-29,864	-29,584	-24,459	-14,118
Net Cash Per Share	-8.63	-11.26	-12.60	-12.31	-10.42	-6.43
Filing Date Shares Outstanding	2,645	2,181	2,181	2,181	2,181	2,181
Total Common Shares Outstanding	2,645	2,181	2,181	2,181	2,181	2,181
Working Capital	-2,407	-6,531	-12,875	-13,946	-5,408	-3,954
Book Value Per Share	10.35	8.21	8.42	7.96	11.72	10.57
Tangible Book Value	2,913	-3,143	-4,654	-5,702	-1,779	-3,967
Tangible Book Value Per Share	1.10	-3.28	-3.97	-4.45	-0.82	-1.82
Buildings	-	3,768	3,282	2,901	1,217	1,125
Machinery	-	4,939	4,881	4,696	6,194	1,964
Construction In Progress	-	84.9	289.69	225.7	1,780	123.6

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