Ningbo Marine Company Limited (SHA:600798)

Ningbo Marine 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	494.08	404.11	533.63	246.19	494.69	671.26
Cash & Short-Term Investments	494.08	404.11	533.63	246.19	494.69	671.26
Cash Growth	-6.43%	-24.27%	116.76%	-50.23%	-26.30%	-11.20%
Accounts Receivable	411.06	430.69	313.87	463.14	372.42	459.57
Other Receivables	14.1	5.6	8.05	11.55	9.51	3.86
Receivables	425.16	436.29	321.92	474.69	381.93	463.44
Inventory	73.21	65.6	66.51	76.8	60.86	47.9
Other Current Assets	11.14	6.6	2.76	5.17	6.77	114.13
Total Current Assets	1,004	912.61	924.83	802.85	944.25	1,297
Property, Plant & Equipment	2,632	2,545	2,625	2,760	2,790	2,583
Long-Term Investments	0.44	0.59	0.59	433.07	424.18	0.68
Other Intangible Assets	2,235	2,383	2,666	2,873	3,056	3,224
Long-Term Deferred Tax Assets	9.64	8.85	23.18	8.44	8.02	7.96
Long-Term Deferred Charges	1.5	1.7	-	-	1.09	0.6
Other Long-Term Assets	460.01	470.46	508.22	7	7.8	6.87
Total Assets	6,342	6,323	6,748	6,884	7,232	7,120
Accounts Payable	25.84	34.45	34.96	24.17	36.74	33.7
Accrued Expenses	269.82	227.25	186.1	214.59	191.88	162.06
Short-Term Debt	45.03	80.06	225.21	190.21	112.84	184.67
Current Portion of Long-Term Debt	112.29	105.55	70.91	231.39	229.2	-
Current Portion of Leases	99.49	48.97	52.3	47.34	73.97	46.86
Current Income Taxes Payable	5.34	2.2	21.11	1.67	60.09	31.95
Current Unearned Revenue	0.62	3.62	2.52	1.2	2.78	1.89
Other Current Liabilities	76.37	21.98	34.51	26.45	19.74	182.41
Total Current Liabilities	634.8	524.08	627.61	737.02	727.24	643.54
Long-Term Debt	558.45	617.78	852.9	982.58	1,272	1,567
Long-Term Leases	89.05	14.93	19.56	15.16	46	-
Long-Term Unearned Revenue	41.12	35.18	38.36	32.3	32.07	31.85
Long-Term Deferred Tax Liabilities	5.93	8.28	16.06	22.62	20.36	-
Total Liabilities	1,329	1,200	1,554	1,790	2,098	2,242
Common Stock	1,207	1,207	1,207	1,207	1,207	1,207
Additional Paid-In Capital	1,187	1,187	1,187	1,187	1,187	1,187
Retained Earnings	1,499	1,562	1,577	1,501	1,484	1,241
Comprehensive Income & Other	4.97	2.85	1.16	-0.3	-6.48	-5.4
Total Common Equity	3,898	3,959	3,972	3,895	3,871	3,630
Minority Interest	1,115	1,163	1,222	1,200	1,262	1,248
Shareholders' Equity	5,013	5,122	5,193	5,094	5,134	4,878
Total Liabilities & Equity	6,342	6,323	6,748	6,884	7,232	7,120
Total Debt	904.3	867.29	1,221	1,467	1,734	1,798
Net Cash (Debt)	-410.23	-463.18	-687.24	-1,220	-1,240	-1,127
Net Cash Per Share	-0.34	-0.38	-0.57	-1.01	-1.03	-0.93
Filing Date Shares Outstanding	1,207	1,207	1,207	1,207	1,207	1,207
Total Common Shares Outstanding	1,207	1,207	1,207	1,207	1,207	1,207
Working Capital	368.78	388.53	297.21	65.82	217	653.19
Book Value Per Share	3.23	3.28	3.29	3.23	3.21	3.01
Tangible Book Value	1,663	1,576	1,306	1,022	815.15	406.16
Tangible Book Value Per Share	1.38	1.31	1.08	0.85	0.68	0.34
Buildings	60.82	60.82	102.45	102.45	102.45	-
Machinery	4,643	4,733	4,724	5,041	4,894	-
Construction In Progress	224.9	116.11	0.97	126.11	238.57	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.