COSCO SHIPPING Holdings Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	150,334	151,470	185,063	182,356	236,877	178,816
Short-Term Investments	-	221.96	41.76	5.75	254.86	105.44
Trading Asset Securities	72.27	78.26	65.95	95	93.11	360.1
Cash & Short-Term Investments	150,407	151,770	185,170	182,457	237,225	179,281
Cash Growth	-19.99%	-18.04%	1.49%	-23.09%	32.32%	233.67%
Accounts Receivable	10,801	8,391	9,148	7,090	11,164	12,209
Other Receivables	3,375	3,210	2,916	2,867	2,896	2,690
Receivables	14,175	11,601	12,065	10,632	14,241	14,906
Inventory	6,604	6,308	6,332	6,561	7,017	5,409
Prepaid Expenses	-	26.14	27.5	28.07	33.79	37.29
Other Current Assets	3,575	3,611	2,522	2,901	2,638	3,497
Total Current Assets	174,761	173,316	206,117	202,580	261,154	203,131
Property, Plant & Equipment	207,119	206,972	191,896	171,017	171,152	158,998
Long-Term Investments	83,025	82,853	78,207	69,598	60,715	34,226
Goodwill	6,244	6,359	6,401	6,358	6,104	5,638
Other Intangible Assets	7,875	7,616	7,377	7,546	7,683	7,761
Long-Term Deferred Tax Assets	1,224	1,197	1,046	918.51	1,036	721.83
Long-Term Deferred Charges	674.71	677.78	543.67	511.88	345.6	224.88
Other Long-Term Assets	4,223	3,857	5,044	3,814	3,075	2,806
Total Assets	486,023	483,758	497,472	462,571	511,930	414,275
Accounts Payable	77,885	77,133	86,039	90,413	105,987	69,101
Accrued Expenses	5,311	5,297	5,868	6,496	12,392	10,821
Short-Term Debt	1,323	2,069	1,704	2,418	2,242	1,656
Current Portion of Long-Term Debt	16,768	5,447	2,026	8,119	5,807	12,421
Current Portion of Leases	-	11,282	9,939	9,267	12,888	10,963
Current Income Taxes Payable	2,086	1,404	2,995	1,148	7,632	8,170
Current Unearned Revenue	569.01	537.47	610.31	657.1	1,004	1,401
Other Current Liabilities	11,167	11,874	13,609	8,841	11,432	6,795
Total Current Liabilities	115,109	115,043	122,791	127,358	159,382	121,329
Long-Term Debt	24,550	25,678	30,946	32,741	34,759	59,257
Long-Term Leases	31,366	32,083	31,607	31,842	38,030	40,471
Long-Term Unearned Revenue	374.28	379.98	374.96	361.6	328.15	358.35
Pension & Post-Retirement Benefits	-	281.28	301.88	283.05	270.79	370.94
Long-Term Deferred Tax Liabilities	20,876	20,593	19,821	18,232	17,254	7,256
Other Long-Term Liabilities	6,485	6,294	6,572	8,402	8,113	5,773
Total Liabilities	198,761	200,352	212,413	219,220	258,137	234,815
Common Stock	15,313	15,490	15,961	16,071	16,095	16,014
Additional Paid-In Capital	-	26,629	32,031	31,579	30,595	32,119
Retained Earnings	195,652	189,787	183,489	146,395	153,216	89,618
Treasury Stock	-114.24	-2,372	-1,598	-374.09	-	-
Comprehensive Income & Other	24,839	2,732	4,786	2,443	684.5	-4,057
Total Common Equity	235,690	232,265	234,668	196,115	200,591	133,694
Minority Interest	51,572	51,141	50,391	47,236	53,202	45,766
Shareholders' Equity	287,262	283,406	285,059	243,351	253,793	179,460
Total Liabilities & Equity	486,023	483,758	497,472	462,571	511,930	414,275
Total Debt	74,008	76,560	76,222	84,386	93,726	124,768
Net Cash (Debt)	76,398	75,210	108,948	98,071	143,499	54,513
Net Cash Growth	-29.57%	-30.97%	11.09%	-31.66%	163.24%	-
Net Cash Per Share	4.95	4.85	6.83	6.08	8.87	3.39
Filing Date Shares Outstanding	15,466	15,375	15,711	15,916	16,095	16,014
Total Common Shares Outstanding	15,466	15,375	15,711	15,916	16,095	16,014
Working Capital	59,653	58,273	83,326	75,221	101,772	81,802
Book Value Per Share	15.24	15.11	14.94	12.32	12.46	8.35
Tangible Book Value	221,571	218,290	220,890	182,211	186,803	120,294
Tangible Book Value Per Share	14.33	14.20	14.06	11.45	11.61	7.51
Buildings	-	32,976	25,669	23,917	22,202	21,662
Machinery	-	161,306	143,255	124,069	109,874	100,511
Construction In Progress	-	16,665	26,028	19,335	17,119	6,559

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