Chengdu Expressway Co., Ltd. (HKG:1785)

Chengdu Expressway 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	1,679	6.77	0.9	16.68	1.19	0.95
Short-Term Investments	-	1,903	2,260	1,873	1,871	1,759
Cash & Short-Term Investments	1,679	1,909	2,261	1,889	1,872	1,760
Cash Growth	-25.32%	-15.54%	19.67%	0.92%	6.39%	4.92%
Accounts Receivable	630.84	371.39	226.22	207.45	144.71	68.62
Other Receivables	53.95	51.51	77.26	52.77	59.69	12.53
Receivables	684.79	422.9	303.47	260.21	204.41	81.58
Inventory	53.45	26.98	20.67	17.32	46.13	54.56
Other Current Assets	74.38	45.6	87.43	70.57	59.87	27.33
Total Current Assets	2,492	2,405	2,673	2,237	2,182	1,923
Property, Plant & Equipment	570.86	581.86	491.07	459.13	421.12	444.86
Long-Term Investments	542.4	506.49	522.56	534.43	401.84	300.78
Goodwill	75.65	75.65	75.65	75.65	34.03	34.03
Other Intangible Assets	4,896	5,077	5,347	5,816	6,056	6,268
Long-Term Deferred Tax Assets	24.28	26.61	31.57	28.48	30.08	32.56
Other Long-Term Assets	872.17	369.55	114.15	17.33	30.25	62.3
Total Assets	9,475	9,042	9,255	9,169	9,158	9,067
Accounts Payable	-	187.8	521.68	710.8	842.54	927.66
Accrued Expenses	25.45	73.63	65.56	51.48	61.58	44.67
Short-Term Debt	579.86	-	-	300	-	-
Current Portion of Long-Term Debt	532.27	299	218	199.4	236	214.5
Current Portion of Leases	-	13.46	8.93	8.13	8.63	6.52
Current Income Taxes Payable	52.89	51.36	43.2	30.9	31.33	39.69
Current Unearned Revenue	11.84	13.14	9.63	24.93	21.5	35.23
Other Current Liabilities	219.6	264.45	229.68	143.27	211.48	238.94
Total Current Liabilities	1,422	902.85	1,097	1,469	1,413	1,507
Long-Term Debt	1,772	2,177	2,476	2,414	2,815	3,050
Long-Term Leases	52.36	57.77	44.24	26.87	36.99	40.96
Long-Term Unearned Revenue	15.26	42.36	45.26	48.52	51.77	55.02
Long-Term Deferred Tax Liabilities	188.6	192.11	195.37	191.29	185.74	184.57
Other Long-Term Liabilities	111.71	78.13	95.08	59.54	53.9	57.98
Total Liabilities	3,562	3,450	3,952	4,209	4,556	4,895
Common Stock	1,656	1,656	1,656	1,656	1,656	1,656
Additional Paid-In Capital	-	437.52	437.52	437.52	-	-
Retained Earnings	2,646	2,346	2,105	1,781	1,522	1,108
Comprehensive Income & Other	590.25	149.74	149.96	150.04	519.26	516.15
Total Common Equity	4,892	4,590	4,349	4,025	3,698	3,280
Minority Interest	1,021	1,002	953.68	934.88	903.91	891.76
Shareholders' Equity	5,913	5,592	5,302	4,960	4,601	4,172
Total Liabilities & Equity	9,475	9,042	9,255	9,169	9,158	9,067
Total Debt	2,937	2,547	2,747	2,948	3,096	3,312
Net Cash (Debt)	-1,257	-637.55	-486.02	-1,059	-1,224	-1,552
Net Cash Per Share	-0.76	-0.38	-0.29	-0.64	-0.74	-0.94
Filing Date Shares Outstanding	1,656	1,656	1,656	1,656	1,656	1,656
Total Common Shares Outstanding	1,656	1,656	1,656	1,656	1,656	1,656
Working Capital	1,070	1,502	1,576	768.54	769.42	415.94
Book Value Per Share	2.95	2.77	2.63	2.43	2.23	1.98
Tangible Book Value	-79	-562.8	-1,074	-1,867	-2,392	-3,022
Tangible Book Value Per Share	-0.05	-0.34	-0.65	-1.13	-1.44	-1.82
Buildings	-	286.96	262.45	124.05	122.64	116.35
Machinery	-	353.16	293.47	269.72	252.24	245.4
Construction In Progress	-	46.66	19.2	102.14	24.88	26.76

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