Shanghai Belling Co., Ltd. (SHA:600171)

Shanghai Belling Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	927.13	1,248	1,166	739.41	731.36	1,317
Trading Asset Securities	-	-	361.74	426.97	729.55	764.27
Cash & Short-Term Investments	927.13	1,248	1,528	1,166	1,461	2,081
Cash Growth	-20.30%	-18.36%	31.01%	-20.16%	-29.79%	96.76%
Accounts Receivable	869.88	906.52	993.88	681.33	504.12	370
Other Receivables	6.04	37.67	55.41	38.06	48.28	70.54
Receivables	875.92	944.19	1,049	719.38	552.41	440.54
Inventory	1,328	963.41	816.9	720.35	663.42	403.94
Other Current Assets	110.62	27.53	28.84	39.27	87.67	28.8
Total Current Assets	3,242	3,183	3,423	2,645	2,764	2,954
Property, Plant & Equipment	168.57	170.22	155.73	173.7	117.24	107.22
Long-Term Investments	-	651.08	300.71	-	-	-
Goodwill	731.36	731.36	731.36	731.36	731.36	456.26
Other Intangible Assets	70.36	74.71	77.23	87.15	95.85	52.91
Long-Term Deferred Tax Assets	5.52	5.08	48.73	32.47	9.07	13.8
Long-Term Deferred Charges	15.58	12.73	10.13	6.47	2.48	2.77
Other Long-Term Assets	1,248	497.48	536.3	1,192	1,256	1,073
Total Assets	5,481	5,325	5,283	4,869	4,976	4,660

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	532.84	450.02	379.01	235.74	172.7	216.28
Accrued Expenses	113.74	167.72	141.58	91.17	63.6	122.44
Current Portion of Leases	-	12.26	11.61	13.43	6.72	7.15
Current Income Taxes Payable	32.94	13.51	10.62	-	6.06	29.77
Current Unearned Revenue	45.53	35.41	33.21	23.43	29.22	15.56
Other Current Liabilities	15.48	15.04	147.59	277.21	303.61	115.69
Total Current Liabilities	753.12	693.96	723.61	640.97	581.91	506.88
Long-Term Leases	19.38	18.71	31.6	42.92	18	22.46
Long-Term Unearned Revenue	25.86	30.01	23.57	23.09	16.68	20.15
Long-Term Deferred Tax Liabilities	42.51	42.29	79.89	87.38	116.87	114.14
Other Long-Term Liabilities	15.36	15.36	15.36	15.36	15.36	15.36
Total Liabilities	856.23	800.33	874.03	809.71	748.82	678.99

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	708.92	708.92	708.92	711.81	712.18	712.82
Additional Paid-In Capital	995.48	995.48	995.48	1,007	1,002	980.95
Retained Earnings	2,897	2,797	2,682	2,357	2,560	2,303
Treasury Stock	-	-	-	-40.2	-69.84	-82.35
Comprehensive Income & Other	23.21	23.21	23.21	23.21	23.21	23.21
Total Common Equity	4,625	4,525	4,409	4,059	4,227	3,937
Minority Interest	-	-	-	-	-	43.96
Shareholders' Equity	4,625	4,525	4,409	4,059	4,227	3,981
Total Liabilities & Equity	5,481	5,325	5,283	4,869	4,976	4,660

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	31.98	30.97	43.21	56.34	24.72	29.61
Net Cash (Debt)	895.15	1,217	1,485	1,110	1,436	2,051
Net Cash Growth	-20.71%	-18.07%	33.77%	-22.71%	-29.98%	94.42%
Net Cash Per Share	1.24	1.70	2.10	1.66	2.05	2.90
Filing Date Shares Outstanding	705.42	708.92	708.92	499.06	656.07	691.3
Total Common Shares Outstanding	705.42	708.92	708.92	499.06	656.07	691.3
Working Capital	2,488	2,489	2,700	2,004	2,183	2,447
Book Value Per Share	6.56	6.38	6.22	8.13	6.44	5.70
Tangible Book Value	3,823	3,719	3,601	3,241	3,400	3,428
Tangible Book Value Per Share	5.42	5.25	5.08	6.49	5.18	4.96
Buildings	-	136.18	115.37	115.37	94.09	94.09
Machinery	-	113.23	90.96	82.81	65.63	52.03
Construction In Progress	-	3.2	2.51	3.93	6.44	0.5

Data Source: S&P Global Market Intelligence Last updated: Oct 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 11, 2026

Data Sources Report a data error