Shandong Hi-speed Company Limited (SHA:600350)

Shandong Hi-speed Company Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2,744	2,763	4,438	5,341	4,734	2,336
Short-Term Investments	-	1,646	1,159	491.05	336.03	113.25
Trading Asset Securities	1,753	784.28	887.43	1,238	-	502.68
Cash & Short-Term Investments	4,498	5,193	6,484	7,071	5,070	2,951
Cash Growth	-32.58%	-19.91%	-8.29%	39.47%	71.76%	1.61%
Accounts Receivable	8,288	9,524	9,074	5,818	2,664	980.73
Other Receivables	4,097	5,136	4,589	5,798	4,280	4,267
Receivables	12,384	14,661	13,662	11,616	6,944	5,248
Inventory	1,081	896.44	926.6	1,041	1,456	1,394
Other Current Assets	7,510	3,520	3,240	3,334	2,942	3,886
Total Current Assets	25,473	24,270	24,313	23,062	16,411	13,480
Property, Plant & Equipment	14,819	15,031	14,246	14,848	14,581	18,311
Long-Term Investments	20,681	21,856	20,887	19,035	17,791	16,481
Goodwill	361.13	361.13	569.93	688.16	627.51	-
Other Intangible Assets	82,020	82,530	74,310	70,152	63,756	48,126
Long-Term Accounts Receivable	-	642.77	294.75	-	-	-
Long-Term Deferred Tax Assets	1,242	1,241	1,081	1,018	870.81	732.22
Long-Term Deferred Charges	87.54	93.06	91.57	141.09	40.79	5.71
Other Long-Term Assets	16,861	15,664	15,926	15,217	11,828	2,541
Total Assets	161,544	161,688	151,720	144,161	125,906	99,677
Accounts Payable	16,081	17,832	14,763	13,558	10,520	5,029
Accrued Expenses	203.04	689.59	608.01	549.58	596.57	363.24
Short-Term Debt	6,370	6,002	6,360	5,361	5,467	5,376
Current Portion of Long-Term Debt	6,713	6,227	4,405	3,501	2,446	-
Current Portion of Leases	-	34.17	8.13	6.04	7.09	-
Current Income Taxes Payable	611.91	385.18	279.7	179.35	437.25	432.18
Current Unearned Revenue	569.27	515.09	274.06	466.64	151.77	119.56
Other Current Liabilities	5,802	5,555	5,400	4,415	4,425	7,858
Total Current Liabilities	36,350	37,240	32,099	28,036	24,050	19,178
Long-Term Debt	61,649	61,224	59,204	54,819	50,011	37,551
Long-Term Leases	286.37	261.71	221.87	450.34	82.99	75.91
Long-Term Unearned Revenue	2,330	2,345	2,406	2,564	2,353	1,594
Long-Term Deferred Tax Liabilities	2,433	2,432	2,156	1,972	1,709	1,104
Other Long-Term Liabilities	339.47	646.45	497.04	947.55	698.07	767.9
Total Liabilities	103,638	104,392	96,778	88,959	79,102	60,484
Common Stock	4,852	4,852	4,840	4,827	4,811	4,811
Additional Paid-In Capital	574.71	574.71	531.36	2,230	1,209	2,527
Retained Earnings	24,717	24,061	23,502	24,030	22,898	21,993
Comprehensive Income & Other	13,588	13,800	12,831	10,168	8,281	3,248
Total Common Equity	43,732	43,288	41,705	41,255	37,198	32,579
Minority Interest	14,173	14,008	13,237	13,947	9,606	6,614
Shareholders' Equity	57,906	57,296	54,942	55,202	46,804	39,193
Total Liabilities & Equity	161,544	161,688	151,720	144,161	125,906	99,677
Total Debt	75,019	73,748	70,199	64,137	58,013	43,003
Net Cash (Debt)	-70,521	-68,555	-63,714	-57,066	-52,944	-40,051
Net Cash Per Share	-11.91	-11.58	-11.07	-10.14	-10.34	-7.92
Filing Date Shares Outstanding	4,852	4,852	4,840	4,827	4,811	4,811
Total Common Shares Outstanding	4,852	4,852	4,840	4,827	4,811	4,811
Working Capital	-10,877	-12,970	-7,785	-4,974	-7,639	-5,698
Book Value Per Share	6.23	6.14	5.99	6.45	6.03	6.11
Tangible Book Value	-38,649	-39,604	-33,176	-29,584	-27,186	-15,547
Tangible Book Value Per Share	-10.75	-10.94	-9.48	-8.22	-7.35	-3.90
Buildings	-	5,977	6,041	6,865	4,097	3,652
Machinery	-	4,980	4,714	4,531	3,896	3,121
Construction In Progress	-	1,056	2,654	1,862	4,624	8,633

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