Shanghai Material Trading Co., Ltd. (SHA:600822)

Shanghai Material Trading 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	1,080	1,145	1,040	742.56	739.74	889.24
Cash & Short-Term Investments	1,080	1,145	1,040	742.56	739.74	889.24
Cash Growth	6.90%	10.10%	40.09%	0.38%	-16.81%	130.78%
Accounts Receivable	28.9	38.85	31.8	39.11	38.92	90.34
Other Receivables	131.83	155.24	201.82	117.18	72.05	115.09
Receivables	160.73	194.09	233.63	156.29	110.97	205.43
Inventory	128.15	234.94	1,199	1,538	223.61	330.41
Prepaid Expenses	-	2.18	0.03	0.14	0.44	-
Other Current Assets	65.46	54.33	180.43	259.47	171.64	143.81
Total Current Assets	1,434	1,631	2,653	2,696	1,246	1,569
Property, Plant & Equipment	216.83	245.43	316.13	364.14	435.56	309.6
Long-Term Investments	81.76	84.7	83.04	304.36	244.85	215.77
Other Intangible Assets	13.52	13.84	14.39	14.45	14.59	30.92
Long-Term Deferred Tax Assets	7.85	7.58	8.54	6.9	2.58	3.03
Long-Term Deferred Charges	29.91	35.68	36.34	44.48	53.86	23.99
Other Long-Term Assets	8.1	14.96	20.6	40.95	42.94	40
Total Assets	1,792	2,033	3,132	3,472	2,041	2,192
Accounts Payable	127.06	309.21	1,408	1,701	327.41	887.95
Accrued Expenses	29.61	38.16	50.98	71.95	51.04	53.77
Short-Term Debt	26.6	72.91	101.6	181.83	195.75	202.47
Current Portion of Leases	-	29.11	29.62	32.69	37.66	-
Current Income Taxes Payable	8.11	13.31	13.6	10.1	5.9	12.76
Current Unearned Revenue	51.91	58.19	64.48	87.5	38.83	44.06
Other Current Liabilities	118.32	84.34	65.14	72.75	72.06	55.71
Total Current Liabilities	361.61	605.23	1,734	2,158	728.64	1,257
Long-Term Leases	101.41	109.58	109.46	133.92	177.02	-
Long-Term Unearned Revenue	19.28	20.23	21.49	27.35	29.63	38.07
Pension & Post-Retirement Benefits	30.81	30.81	28.72	25.72	24.69	20.18
Long-Term Deferred Tax Liabilities	23.42	23.92	26.77	31.9	32.99	34.27
Other Long-Term Liabilities	14.65	14.65	18.77	23.94	27.4	-
Total Liabilities	551.18	804.42	1,939	2,400	1,020	1,349
Common Stock	495.97	495.97	495.97	495.97	495.97	495.97
Additional Paid-In Capital	1,783	1,783	1,783	1,783	1,783	1,783
Retained Earnings	-1,059	-1,079	-1,130	-1,270	-1,331	-1,514
Comprehensive Income & Other	6.17	6.15	5.07	8.38	11.77	23.93
Total Common Equity	1,225	1,206	1,154	1,018	959.75	788.57
Minority Interest	15.46	22.84	39.4	53.7	60.67	54.41
Shareholders' Equity	1,241	1,229	1,194	1,071	1,020	842.98
Total Liabilities & Equity	1,792	2,033	3,132	3,472	2,041	2,192
Total Debt	128	211.61	240.68	348.44	410.42	202.47
Net Cash (Debt)	951.75	933.7	799.59	394.12	329.32	686.77
Net Cash Growth	27.95%	16.77%	102.88%	19.68%	-52.05%	195.90%
Net Cash Per Share	1.92	1.88	1.61	0.79	0.66	1.38
Filing Date Shares Outstanding	495.97	495.97	495.97	495.97	495.97	495.97
Total Common Shares Outstanding	495.97	495.97	495.97	495.97	495.97	495.97
Working Capital	1,072	1,026	919.72	538.96	517.77	312.19
Book Value Per Share	2.47	2.43	2.33	2.05	1.94	1.59
Tangible Book Value	1,212	1,192	1,140	1,003	945.17	757.65
Tangible Book Value Per Share	2.44	2.40	2.30	2.02	1.91	1.53
Buildings	-	250.9	345.88	344.18	342.46	379.16
Machinery	-	143.76	145.84	147.73	142.7	211.71
Construction In Progress	-	5.45	4.05	0.61	0.91	0.2

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