COSCO SHIPPING Development Co., Ltd. (CITAF)

CITAF Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	8,677	13,027	15,561	18,020	13,380
Trading Asset Securities	34.35	661.65	639.61	1,074	654.22
Cash & Short-Term Investments	8,712	13,688	16,201	19,093	14,034
Cash Growth	-36.36%	-15.51%	-15.15%	36.05%	31.81%
Accounts Receivable	5,089	4,666	4,040	6,060	24,003
Other Receivables	-	19.2	191.6	58.96	280.2
Receivables	5,089	4,685	4,231	6,119	24,283
Inventory	2,268	2,198	4,050	6,902	1,965
Prepaid Expenses	2,036	-	-	-	0.33
Other Current Assets	24.59	2,051	408.33	1,454	2,098
Total Current Assets	18,128	22,622	24,890	33,568	42,380
Property, Plant & Equipment	51,551	45,482	43,239	38,547	56,859
Long-Term Investments	29,128	28,102	27,354	28,483	25,015
Other Intangible Assets	135.63	638.79	624.65	593.39	607.22
Long-Term Accounts Receivable	26,917	28,491	31,128	31,127	27,694
Long-Term Deferred Tax Assets	282.68	261.9	116.14	41.15	284.67
Long-Term Deferred Charges	-	22.15	28.54	3.83	58.79
Other Long-Term Assets	225.28	310.93	765.57	253.05	335.89
Total Assets	126,367	125,931	128,147	132,616	153,235
Accounts Payable	3,871	1,315	819.12	1,966	3,177
Accrued Expenses	-	2,826	3,099	3,028	2,425
Short-Term Debt	-	18,745	20,013	26,414	22,953
Current Portion of Long-Term Debt	32,494	13,518	15,945	18,990	36,272
Current Portion of Leases	87.21	106.66	39.09	47.23	299.41
Current Income Taxes Payable	151.38	189.44	359.19	562.07	205.82
Current Unearned Revenue	83.61	481.25	814.96	1,336	524.53
Other Current Liabilities	2,685	1,030	986.17	1,537	3,146
Total Current Liabilities	39,371	38,211	42,076	53,881	69,002
Long-Term Debt	55,312	57,629	56,520	45,349	53,836
Long-Term Leases	155.94	169.33	36.37	66.47	59.99
Long-Term Unearned Revenue	87.63	83.38	63.71	22.11	20.37
Long-Term Deferred Tax Liabilities	65.2	17.52	6	39.18	104.89
Other Long-Term Liabilities	768.94	521.11	536.52	551.78	2,784
Total Liabilities	95,761	96,647	99,254	99,927	125,829
Common Stock	13,576	13,576	13,586	13,586	11,608
Additional Paid-In Capital	-	2,465	2,705	2,835	3,388
Retained Earnings	-	15,251	15,008	14,134	8,962
Treasury Stock	-296.47	-84.21	-173.15	-233.43	-233.43
Comprehensive Income & Other	17,016	-1,924	-2,234	2,366	3,681
Total Common Equity	30,296	29,284	28,893	32,689	27,406
Minority Interest	309.91	-	-	-	-
Shareholders' Equity	30,606	29,284	28,893	32,689	27,406
Total Liabilities & Equity	126,367	125,931	128,147	132,616	153,235
Total Debt	88,049	90,168	92,553	90,867	113,421
Net Cash (Debt)	-79,338	-76,480	-76,353	-71,774	-99,387
Net Cash Per Share	-5.86	-5.65	-5.65	-5.86	-7.27
Filing Date Shares Outstanding	13,536	13,547	13,527	13,507	11,528
Total Common Shares Outstanding	13,536	13,547	13,527	13,507	11,528
Working Capital	-21,243	-15,590	-17,186	-20,313	-26,622
Book Value Per Share	2.24	2.16	2.14	2.05	1.86
Tangible Book Value	30,160	28,645	28,268	32,096	26,798
Tangible Book Value Per Share	2.23	2.11	2.09	2.01	1.80
Buildings	-	1,477	1,350	1,095	1,069
Machinery	-	12,650	11,554	9,175	47,787
Construction In Progress	-	228.57	400.15	347.5	193.5

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