COSCO SHIPPING Specialized Carriers Co.,Ltd. (SHA:600428)

SHA:600428 Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2,881	1,482	997.05	1,914	1,514
Cash & Short-Term Investments	2,881	1,482	997.05	1,914	1,514
Cash Growth	94.43%	48.59%	-47.91%	26.44%	67.79%
Accounts Receivable	1,556	874.15	1,326	1,044	608.11
Other Receivables	196.51	354.98	224.7	134.42	177.2
Receivables	1,753	1,229	1,551	1,178	785.31
Inventory	873.28	676.14	681.35	454.5	344.81
Prepaid Expenses	-	0.44	0.59	0.06	0.77
Other Current Assets	1,287	1,015	899.43	939.82	669.31
Total Current Assets	6,794	4,403	4,129	4,486	3,314
Property, Plant & Equipment	23,911	18,341	17,015	15,375	15,485
Long-Term Investments	2,661	3,312	3,105	2,040	2,083
Other Intangible Assets	97.95	105.55	97.03	101.64	309.31
Long-Term Accounts Receivable	-	247.84	-	-	-
Long-Term Deferred Tax Assets	695.9	388.96	317.3	182.3	135.38
Long-Term Deferred Charges	221.17	168.14	4.84	4.63	7.97
Other Long-Term Assets	547.8	599.99	692.33	744.82	241.49
Total Assets	34,929	27,566	25,360	22,934	21,577
Accounts Payable	2,438	1,912	1,995	1,703	1,310
Accrued Expenses	285.92	441.78	561.38	466.45	358.52
Short-Term Debt	265.06	691.1	1,092	1,248	1,441
Current Portion of Long-Term Debt	3,912	616.89	1,035	1,606	-
Current Portion of Leases	-	583.19	420.77	136.47	-
Current Income Taxes Payable	221.79	43.46	57.23	97.52	31.57
Current Unearned Revenue	636.47	551.64	346.59	260.88	164.31
Other Current Liabilities	280.89	298.76	309.64	258.27	1,064
Total Current Liabilities	8,040	5,139	5,818	5,777	4,369
Long-Term Debt	3,722	6,136	4,617	4,651	5,535
Long-Term Leases	7,213	2,783	2,469	1,225	-
Long-Term Unearned Revenue	132.15	151.46	0.24	0.35	0.78
Long-Term Deferred Tax Liabilities	845.15	605.72	511.89	378.14	358.87
Other Long-Term Liabilities	1,186	78.1	90.68	21.06	598.57
Total Liabilities	21,139	15,979	14,644	13,281	12,013
Common Stock	2,147	2,147	2,147	2,147	2,147
Additional Paid-In Capital	4,287	4,315	4,313	4,308	4,298
Retained Earnings	6,319	5,328	4,607	3,892	3,666
Comprehensive Income & Other	-170.48	-250.76	-379.79	-718.66	-567.86
Total Common Equity	12,582	11,539	10,687	9,628	9,543
Minority Interest	1,208	48.1	29.21	25.41	20.54
Shareholders' Equity	13,790	11,587	10,717	9,653	9,563
Total Liabilities & Equity	34,929	27,566	25,360	22,934	21,577
Total Debt	15,112	10,810	9,634	8,866	6,975
Net Cash (Debt)	-12,231	-9,328	-8,637	-6,952	-5,462
Net Cash Per Share	-5.70	-4.35	-4.03	-3.24	-2.52
Filing Date Shares Outstanding	2,146	2,147	2,147	2,147	2,147
Total Common Shares Outstanding	2,146	2,147	2,147	2,147	2,147
Working Capital	-1,247	-736.27	-1,689	-1,291	-1,055
Book Value Per Share	5.86	5.38	4.98	4.48	4.45
Tangible Book Value	12,484	11,433	10,590	9,526	9,233
Tangible Book Value Per Share	5.82	5.33	4.93	4.44	4.30
Buildings	-	725.1	652.95	617.07	-
Machinery	-	23,790	22,211	20,918	-
Construction In Progress	-	20.51	181.97	242.75	-

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