Shang Properties Balance Sheet

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Property, Plant & Equipment	9,746	9,981	10,246	10,574	10,814	11,685
Cash & Equivalents	3,024	3,172	1,408	1,319	1,376	1,550
Accounts Receivable	17,122	5,407	5,392	3,587	2,593	3,358
Other Receivables	347	1,154	297.12	820.74	637.91	489.98
Investment In Debt and Equity Securities	846.77	846.77	829.47	812.47	796.97	797.57
Goodwill	269.87	269.87	269.87	269.87	269.87	269.87
Other Current Assets	15,094	12,938	9,022	7,853	6,763	6,225
Trading Asset Securities	33.34	32.9	35.41	31.39	30.82	33.63
Deferred Long-Term Tax Assets	296.09	172.74	224.93	494.52	615.73	465.15
Other Long-Term Assets	58,807	57,869	46,925	41,869	39,880	38,297
Total Assets	105,586	91,842	74,650	67,630	63,777	63,170
Current Portion of Long-Term Debt	4,522	11,055	10,115	8,007	6,610	4,283
Long-Term Debt	14,573	7,040	-	299.67	1,096	1,596
Accounts Payable	906.47	667.74	1,013	504.6	352.4	633.32
Accrued Expenses	1,720	1,752	1,883	1,248	873.78	917.49
Current Income Taxes Payable	324.95	293.09	44.27	41.73	54.64	124.34
Current Unearned Revenue	12,149	1,193	876.69	857.31	791.81	856.74
Other Current Liabilities	3,496	2,853	2,343	3,209	3,730	4,149
Long-Term Unearned Revenue	194.85	170.6	24.84	40.13	192.35	287.06
Long-Term Deferred Tax Liabilities	8,536	8,838	7,416	7,095	6,879	8,018
Other Long-Term Liabilities	1,044	502.38	319.99	307.59	193.5	540.05
Total Liabilities	47,538	34,536	24,162	21,694	20,838	21,496
Common Stock	4,764	4,764	4,764	4,764	4,764	4,764
Additional Paid-In Capital	834.44	834.44	834.44	834.44	834.44	834.44
Retained Earnings	46,663	45,480	38,577	34,436	31,588	30,054
Treasury Stock	-6.85	-6.85	-6.85	-6.85	-6.85	-6.85
Comprehensive Income & Other	189.4	160.73	148.58	133.21	127.67	78.42
Total Common Equity	52,444	51,233	44,317	40,161	37,307	35,724
Minority Interest	5,605	6,074	6,171	5,775	5,632	5,950
Shareholders' Equity	58,048	57,307	50,488	45,936	42,939	41,674
Total Liabilities & Equity	105,586	91,842	74,650	67,630	63,777	63,170
Total Debt	19,095	18,095	10,115	8,306	7,706	5,880
Net Cash (Debt)	-16,038	-14,890	-8,671	-6,956	-6,299	-4,296
Net Cash Per Share	-3.37	-3.13	-1.82	-1.46	-1.32	-0.90
Filing Date Shares Outstanding	4,762	4,762	4,762	4,762	4,762	4,762
Total Common Shares Outstanding	4,762	4,762	4,762	4,762	4,762	4,762
Book Value Per Share	11.01	10.76	9.31	8.43	7.83	7.50
Tangible Book Value	52,174	50,963	44,047	39,891	37,037	35,454
Tangible Book Value Per Share	10.96	10.70	9.25	8.38	7.78	7.45
Buildings	9,640	9,622	9,609	9,642	9,532	9,435

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