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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	3,179	2,763	4,438	5,341	4,734	2,336
Short-Term Investments	923.05	1,646	1,159	491.05	336.03	113.25
Trading Asset Securities	813.28	784.28	887.43	1,238	-	502.68
Cash & Short-Term Investments	4,915	5,193	6,484	7,071	5,070	2,951
Cash Growth	-24.93%	-19.91%	-8.29%	39.47%	71.76%	1.61%
Accounts Receivable	10,244	9,524	9,074	5,818	2,664	980.73
Other Receivables	5,717	5,136	4,589	5,798	4,280	4,267
Receivables	15,961	14,661	13,662	11,616	6,944	5,248
Inventory	1,083	896.44	926.6	1,041	1,456	1,394
Other Current Assets	3,572	3,520	3,240	3,334	2,942	3,886
Total Current Assets	25,531	24,270	24,313	23,062	16,411	13,480
Property, Plant & Equipment	14,694	15,031	14,246	14,848	14,581	18,311
Long-Term Investments	22,159	21,856	20,887	19,035	17,791	16,481
Goodwill	361.13	361.13	569.93	688.16	627.51	-
Other Intangible Assets	82,350	82,530	74,310	70,152	63,756	48,126
Long-Term Accounts Receivable	361.68	642.77	294.75	-	-	-
Long-Term Deferred Tax Assets	1,251	1,241	1,081	1,018	870.81	732.22
Long-Term Deferred Charges	82.83	93.06	91.57	141.09	40.79	5.71
Other Long-Term Assets	15,411	15,664	15,926	15,217	11,828	2,541
Total Assets	162,203	161,688	151,720	144,161	125,906	99,677
Accounts Payable	16,300	17,832	14,763	13,558	10,520	5,029
Accrued Expenses	665.7	689.59	608.01	549.58	596.57	363.24
Short-Term Debt	6,213	6,002	6,360	5,361	5,467	5,376
Current Portion of Long-Term Debt	8,038	6,227	4,405	3,501	2,446	-
Current Portion of Leases	11.05	34.17	8.13	6.04	7.09	-
Current Income Taxes Payable	334.08	385.18	279.7	179.35	437.25	432.18
Current Unearned Revenue	642.15	515.09	274.06	466.64	151.77	119.56
Other Current Liabilities	7,922	5,555	5,400	4,415	4,425	7,858
Total Current Liabilities	40,126	37,240	32,099	28,036	24,050	19,178
Long-Term Debt	60,756	61,224	59,204	54,819	50,011	37,551
Long-Term Leases	453.93	261.71	221.87	450.34	82.99	75.91
Long-Term Unearned Revenue	2,337	2,345	2,406	2,564	2,353	1,594
Pension & Post-Retirement Benefits	241.08	243.59	194.08	170.4	197.83	214.29
Long-Term Deferred Tax Liabilities	2,442	2,432	2,156	1,972	1,709	1,104
Other Long-Term Liabilities	627.24	646.45	497.04	947.55	698.07	767.9
Total Liabilities	106,984	104,392	96,778	88,959	79,102	60,484
Common Stock	4,853	4,852	4,840	4,827	4,811	4,811
Additional Paid-In Capital	580.23	574.71	531.36	2,230	1,209	2,527
Retained Earnings	23,452	24,061	23,502	24,030	22,898	21,993
Comprehensive Income & Other	12,120	13,800	12,831	10,168	8,281	3,248
Total Common Equity	41,005	43,288	41,705	41,255	37,198	32,579
Minority Interest	14,214	14,008	13,237	13,947	9,606	6,614
Shareholders' Equity	55,219	57,296	54,942	55,202	46,804	39,193
Total Liabilities & Equity	162,203	161,688	151,720	144,161	125,906	99,677
Total Debt	75,471	73,748	70,199	64,137	58,013	43,003
Net Cash (Debt)	-70,556	-68,555	-63,714	-57,066	-52,944	-40,051
Net Cash Per Share	-12.03	-11.58	-11.07	-10.14	-10.34	-7.92
Filing Date Shares Outstanding	4,835	4,852	4,840	4,827	4,811	4,811
Total Common Shares Outstanding	4,853	4,852	4,840	4,827	4,811	4,811
Working Capital	-14,595	-12,970	-7,785	-4,974	-7,639	-5,698
Book Value Per Share	5.98	6.14	5.99	6.45	6.03	6.11
Tangible Book Value	-41,706	-39,604	-33,176	-29,584	-27,186	-15,547
Tangible Book Value Per Share	-11.07	-10.94	-9.48	-8.22	-7.35	-3.90
Buildings	5,988	5,977	6,041	6,865	4,097	3,652
Machinery	4,976	4,980	4,714	4,531	3,896	3,121
Construction In Progress	1,123	1,056	2,654	1,862	4,624	8,633

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