Shang Properties Balance Sheet

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

Millions PHP. 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
Property, Plant & Equipment	9,568	9,669	9,981	10,246	10,574	10,814
Cash & Equivalents	3,389	4,470	3,172	1,408	1,319	1,376
Accounts Receivable	4,938	2,861	5,407	5,392	3,587	2,593
Other Receivables	203.42	2,008	1,906	297.12	820.74	637.91
Investment In Debt and Equity Securities	849.87	849.87	846.77	829.47	812.47	796.97
Goodwill	269.87	269.87	269.87	269.87	269.87	269.87
Other Current Assets	15,896	15,040	12,186	9,022	7,853	6,763
Trading Asset Securities	37.73	37.33	32.9	35.41	31.39	30.82
Deferred Long-Term Tax Assets	198.54	123.13	172.74	224.93	494.52	615.73
Other Long-Term Assets	61,511	61,276	57,869	46,925	41,869	39,880
Total Assets	96,863	96,604	91,842	74,650	67,630	63,777
Current Portion of Long-Term Debt	3,522	4,522	11,055	10,115	8,007	6,610
Long-Term Debt	14,573	14,573	7,040	-	299.67	1,096
Accounts Payable	1,738	1,099	839.75	1,013	504.6	352.4
Accrued Expenses	2,515	1,497	1,752	1,883	1,248	873.78
Current Income Taxes Payable	481.24	241.67	293.09	44.27	41.73	54.64
Current Unearned Revenue	1,375	1,700	1,158	876.69	857.31	791.81
Other Current Liabilities	2,058	3,310	2,716	2,343	3,209	3,730
Long-Term Unearned Revenue	160.02	481.22	170.6	24.84	40.13	192.35
Long-Term Deferred Tax Liabilities	8,462	8,457	8,838	7,416	7,095	6,879
Other Long-Term Liabilities	924.5	593.19	502.38	319.99	307.59	193.5
Total Liabilities	36,012	36,582	34,536	24,162	21,694	20,838
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	49,082	48,198	45,480	38,577	34,436	31,588
Treasury Stock	-6.85	-6.85	-6.85	-6.85	-6.85	-6.85
Comprehensive Income & Other	193.06	193.06	160.73	148.58	133.21	127.67
Total Common Equity	54,867	53,982	51,233	44,317	40,161	37,307
Minority Interest	5,984	6,040	6,074	6,171	5,775	5,632
Shareholders' Equity	60,850	60,022	57,307	50,488	45,936	42,939
Total Liabilities & Equity	96,863	96,604	91,842	74,650	67,630	63,777
Total Debt	18,095	19,095	18,095	10,115	8,306	7,706
Net Cash (Debt)	-14,668	-14,587	-14,890	-8,671	-6,956	-6,299
Net Cash Per Share	-3.08	-3.06	-3.13	-1.82	-1.46	-1.32
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	11.52	11.34	10.76	9.31	8.43	7.83
Tangible Book Value	54,597	53,713	50,963	44,047	39,891	37,037
Tangible Book Value Per Share	11.47	11.28	10.70	9.25	8.38	7.78
Buildings	9,633	9,639	9,622	9,609	9,642	9,532

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