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

SHA:600428 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	5,912	2,881	1,502	997.05	1,914	1,514
Cash & Short-Term Investments	5,912	2,881	1,502	997.05	1,914	1,514
Cash Growth	166.88%	91.73%	50.69%	-47.91%	26.44%	67.79%
Accounts Receivable	2,757	1,556	900.83	1,326	1,044	608.11
Other Receivables	225	196.51	401.54	224.7	134.42	177.2
Receivables	2,982	1,753	1,302	1,551	1,178	785.31
Inventory	1,130	873.28	676.14	681.35	454.5	344.81
Prepaid Expenses	-	3.6	0.44	0.59	0.06	0.77
Other Current Assets	1,520	1,283	1,016	899.43	939.82	669.31
Total Current Assets	11,544	6,794	4,497	4,129	4,486	3,314
Property, Plant & Equipment	27,144	23,911	18,341	17,015	15,375	15,485
Long-Term Investments	985.4	995.74	1,683	3,105	2,040	2,083
Other Intangible Assets	99.27	97.95	105.55	97.03	101.64	309.31
Long-Term Accounts Receivable	-	-	247.84	-	-	-
Long-Term Deferred Tax Assets	718.38	695.9	388.96	317.3	182.3	135.38
Long-Term Deferred Charges	218.9	221.17	168.14	4.84	4.63	7.97
Other Long-Term Assets	2,168	2,213	2,194	692.33	744.82	241.49
Total Assets	42,879	34,929	27,626	25,360	22,934	21,577
Accounts Payable	2,632	2,438	1,926	1,995	1,703	1,310
Accrued Expenses	535.65	316.91	448.47	561.38	466.45	358.52
Short-Term Debt	1,357	265.06	691.1	1,092	1,248	1,441
Current Portion of Long-Term Debt	3,394	2,669	616.89	1,035	1,606	-
Current Portion of Leases	-	1,243	583.19	420.77	136.47	-
Current Income Taxes Payable	185.44	123.21	44.28	57.23	97.52	31.57
Current Unearned Revenue	1,191	636.47	549.43	346.59	260.88	164.31
Other Current Liabilities	306.35	348.48	306.86	309.64	258.27	1,064
Total Current Liabilities	9,603	8,040	5,166	5,818	5,777	4,369
Long-Term Debt	3,847	3,722	6,136	4,617	4,651	5,535
Long-Term Leases	9,167	7,213	2,783	2,469	1,225	-
Long-Term Unearned Revenue	117.54	132.15	151.46	0.24	0.35	0.78
Pension & Post-Retirement Benefits	-	1,055	1,086	1,137	1,229	1,151
Long-Term Deferred Tax Liabilities	918.45	845.15	605.72	511.89	378.14	358.87
Other Long-Term Liabilities	1,185	130.84	78.1	90.68	21.06	598.57
Total Liabilities	24,837	21,139	16,007	14,644	13,281	12,013
Common Stock	2,744	2,147	2,147	2,147	2,147	2,147
Additional Paid-In Capital	7,167	4,287	4,321	4,313	4,308	4,298
Retained Earnings	6,883	6,319	5,321	4,607	3,892	3,666
Comprehensive Income & Other	-269.11	-170.48	-250.76	-379.79	-718.66	-567.86
Total Common Equity	16,524	12,582	11,538	10,687	9,628	9,543
Minority Interest	1,518	1,208	81.68	29.21	25.41	20.54
Shareholders' Equity	18,042	13,790	11,620	10,717	9,653	9,563
Total Liabilities & Equity	42,879	34,929	27,626	25,360	22,934	21,577
Total Debt	17,765	15,112	10,810	9,634	8,866	6,975
Net Cash (Debt)	-11,853	-12,231	-9,307	-8,637	-6,952	-5,462
Net Cash Per Share	-4.85	-5.70	-4.34	-4.03	-3.24	-2.52
Filing Date Shares Outstanding	2,744	2,147	2,147	2,147	2,147	2,147
Total Common Shares Outstanding	2,744	2,147	2,147	2,147	2,147	2,147
Working Capital	1,941	-1,247	-669.38	-1,689	-1,291	-1,055
Book Value Per Share	6.02	5.86	5.37	4.98	4.48	4.45
Tangible Book Value	16,425	12,484	11,433	10,590	9,526	9,233
Tangible Book Value Per Share	5.99	5.82	5.33	4.93	4.44	4.30
Buildings	-	774.69	725.1	652.95	617.07	-
Machinery	-	24,163	23,792	22,211	20,918	-
Construction In Progress	-	613.07	20.51	181.97	242.75	-

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