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

SHA:600428 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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	7,957	6,963	2,881	1,502	997.05	1,914
Cash & Short-Term Investments	7,957	6,963	2,881	1,502	997.05	1,914
Cash Growth	32.38%	141.72%	91.73%	50.69%	-47.91%	26.44%
Accounts Receivable	3,361	2,211	1,556	900.83	1,326	1,044
Other Receivables	176.83	241.97	196.51	401.54	224.7	134.42
Receivables	3,538	2,453	1,753	1,302	1,551	1,178
Inventory	1,367	1,033	873.28	676.14	681.35	454.5
Prepaid Expenses	1.1	1.75	3.6	0.44	0.59	0.06
Other Current Assets	1,649	1,525	1,283	1,016	899.43	939.82
Total Current Assets	14,512	11,976	6,794	4,497	4,129	4,486
Property, Plant & Equipment	26,402	27,275	23,911	18,341	17,015	15,375
Long-Term Investments	2,824	2,732	2,661	1,683	3,105	2,040
Other Intangible Assets	187.72	170.78	97.95	105.55	97.03	101.64
Long-Term Accounts Receivable	529.43	555.12	-	247.84	-	-
Long-Term Deferred Tax Assets	476.79	489.59	695.9	388.96	317.3	182.3
Long-Term Deferred Charges	194.69	231.79	221.17	168.14	4.84	4.63
Other Long-Term Assets	437.57	446.82	547.8	2,194	692.33	744.82
Total Assets	45,564	43,877	34,929	27,626	25,360	22,934

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	3,541	2,910	2,438	1,926	1,995	1,703
Accrued Expenses	639.88	351.91	316.91	448.47	561.38	466.45
Short-Term Debt	908.85	1,351	265.06	691.1	1,092	1,248
Current Portion of Long-Term Debt	1,922	2,235	2,669	616.89	1,035	1,606
Current Portion of Leases	3,081	2,932	1,243	583.19	420.77	136.47
Current Income Taxes Payable	198.26	251.36	123.21	44.28	57.23	97.52
Current Unearned Revenue	1,038	1,045	636.47	549.43	346.59	260.88
Other Current Liabilities	1,280	314.22	348.48	306.86	309.64	258.27
Total Current Liabilities	12,608	11,390	8,040	5,166	5,818	5,777
Long-Term Debt	3,400	2,589	3,722	6,136	4,617	4,651
Long-Term Leases	8,329	9,417	7,213	2,783	2,469	1,225
Long-Term Unearned Revenue	102.93	112.67	132.15	151.46	0.24	0.35
Pension & Post-Retirement Benefits	1,018	1,018	1,055	1,086	1,137	1,229
Long-Term Deferred Tax Liabilities	741.03	689.13	845.15	605.72	511.89	378.14
Other Long-Term Liabilities	126.07	127.64	130.84	78.1	90.68	21.06
Total Liabilities	26,325	25,344	21,139	16,007	14,644	13,281

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	2,744	2,744	2,147	2,147	2,147	2,147
Additional Paid-In Capital	7,169	7,169	4,287	4,321	4,313	4,308
Retained Earnings	7,813	7,334	6,319	5,321	4,607	3,892
Comprehensive Income & Other	-711.59	-385.67	-170.48	-250.76	-379.79	-718.66
Total Common Equity	17,015	16,861	12,582	11,538	10,687	9,628
Minority Interest	2,225	1,671	1,208	81.68	29.21	25.41
Shareholders' Equity	19,240	18,533	13,790	11,620	10,717	9,653
Total Liabilities & Equity	45,564	43,877	34,929	27,626	25,360	22,934

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	17,640	18,525	15,112	10,810	9,634	8,866
Net Cash (Debt)	-9,683	-11,561	-12,231	-9,307	-8,637	-6,952
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-3.53	-4.46	-5.70	-4.34	-4.03	-3.24
Filing Date Shares Outstanding	2,744	2,744	2,147	2,147	2,147	2,147
Total Common Shares Outstanding	2,744	2,744	2,147	2,147	2,147	2,147
Working Capital	1,903	585.5	-1,247	-669.38	-1,689	-1,291
Book Value Per Share	6.20	6.14	5.86	5.37	4.98	4.48
Tangible Book Value	16,827	16,690	12,484	11,433	10,590	9,526
Tangible Book Value Per Share	6.13	6.08	5.82	5.33	4.93	4.44
Buildings	815.78	809.15	774.69	725.1	652.95	617.07
Machinery	24,746	24,594	24,163	23,792	22,211	20,918
Construction In Progress	719.52	796.95	613.07	20.51	181.97	242.75

Data Source: S&P Global Market Intelligence Last updated: Aug 26, 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:

Oct 3, 2026

Data Sources Report a data error