Qinhuangdao Port 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	2,955	2,848	4,281	2,838	4,848	4,052
Cash & Short-Term Investments	2,955	2,848	4,281	2,838	4,848	4,052
Cash Growth	-34.22%	-33.48%	50.84%	-41.46%	19.65%	13.98%
Accounts Receivable	544.79	307.99	186.15	192.29	173.85	180.26
Other Receivables	25.41	101.15	242.31	193.86	37.98	120.58
Receivables	570.2	409.14	428.47	386.15	211.83	300.84
Inventory	137.8	138.68	140.47	145.74	125.28	167.32
Other Current Assets	115.05	84.88	125.73	147.12	90.41	47.67
Total Current Assets	3,778	3,480	4,975	3,517	5,275	4,568
Property, Plant & Equipment	13,173	13,455	13,779	13,866	14,165	15,033
Long-Term Investments	4,771	4,836	4,511	4,913	4,732	4,169
Other Intangible Assets	2,781	2,791	2,851	2,928	2,950	2,981
Long-Term Deferred Tax Assets	244.46	250.46	312.91	365.51	439.59	410.08
Long-Term Deferred Charges	152.74	165.38	13.67	4.8	5.64	35.1
Other Long-Term Assets	2,840	2,812	1,437	2,431	373.71	581.12
Total Assets	27,741	27,790	27,880	28,026	27,941	27,777
Accounts Payable	252.28	311.18	324.22	253.42	259.89	238.67
Accrued Expenses	147.69	211.07	476.18	596.2	754.9	812.37
Short-Term Debt	200.13	300.2	300.09	500.25	260.27	330.36
Current Portion of Long-Term Debt	436.14	388.49	684.67	612.52	660.07	738.03
Current Portion of Leases	-	14.85	-	19.2	18.7	0.14
Current Income Taxes Payable	51.97	7.91	2.3	5.24	27.13	70.6
Current Unearned Revenue	518.27	653.45	682	564.48	563.48	704.28
Other Current Liabilities	383.66	494.73	506.09	609.38	553.83	1,004
Total Current Liabilities	1,990	2,382	2,976	3,161	3,098	3,898
Long-Term Debt	3,459	3,449	4,211	4,996	5,950	6,259
Long-Term Leases	15.39	15.39	-	0.01	16.72	0.32
Long-Term Unearned Revenue	139.26	125.38	105.28	108.1	143.94	175.28
Pension & Post-Retirement Benefits	-	386.81	301.04	267.84	372.19	454.32
Long-Term Deferred Tax Liabilities	21.13	21.13	15.52	89.47	100.8	44.09
Other Long-Term Liabilities	400.06	3.58	-	32	34	36
Total Liabilities	6,025	6,384	7,609	8,654	9,716	10,867
Common Stock	5,587	5,587	5,587	5,587	5,587	5,587
Additional Paid-In Capital	5,238	5,236	5,240	5,242	5,208	5,208
Retained Earnings	9,522	9,095	7,963	6,829	5,695	4,699
Comprehensive Income & Other	385.7	513.32	538.38	765.02	831.81	561.08
Total Common Equity	20,733	20,431	19,329	18,424	17,322	16,055
Minority Interest	982.64	975.51	941.95	948.59	903.47	854.35
Shareholders' Equity	21,716	21,407	20,271	19,372	18,225	16,910
Total Liabilities & Equity	27,741	27,790	27,880	28,026	27,941	27,777
Total Debt	4,110	4,168	5,196	6,128	6,905	7,328
Net Cash (Debt)	-1,155	-1,321	-915.4	-3,290	-2,058	-3,276
Net Cash Per Share	-0.21	-0.24	-0.16	-0.59	-0.36	-0.59
Filing Date Shares Outstanding	5,346	5,587	5,587	5,587	5,587	5,587
Total Common Shares Outstanding	5,346	5,587	5,587	5,587	5,587	5,587
Working Capital	1,788	1,099	2,000	356.34	2,177	669.5
Book Value Per Share	3.88	3.66	3.46	3.30	3.10	2.87
Tangible Book Value	17,953	17,640	16,479	15,495	14,372	13,074
Tangible Book Value Per Share	3.36	3.16	2.95	2.77	2.57	2.34
Buildings	-	7,177	6,941	7,125	6,654	6,522
Machinery	-	12,415	11,901	12,165	11,144	19,349
Construction In Progress	-	2,144	2,223	815.22	2,479	2,509

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