Shanghai Shentong Metro Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	154.61	358.08	266.49	554.7	736.4
Short-Term Investments	-	153.49	10.98	-	-
Trading Asset Securities	649.42	50	-	-	-
Cash & Short-Term Investments	804.03	561.57	277.47	554.7	736.4
Cash Growth	43.18%	102.39%	-49.98%	-24.67%	338.89%
Accounts Receivable	168.96	161.15	269.76	695.13	542.82
Other Receivables	3.92	17.2	7.27	7.25	11.31
Receivables	172.88	178.34	277.03	702.38	554.13
Inventory	12.2	16.14	36.72	22.52	16.98
Other Current Assets	622.74	1.24	1.46	0.34	0.16
Total Current Assets	1,612	757.29	592.68	1,280	1,308
Property, Plant & Equipment	240.04	232.67	185.07	150.82	130.05
Long-Term Investments	108.16	551.19	511.11	680.68	863.75
Other Intangible Assets	0.59	1.1	1.54	0.11	0.18
Long-Term Accounts Receivable	-	693	1,364	494.06	638.85
Long-Term Deferred Tax Assets	8.12	11.1	10.62	7.71	2.57
Long-Term Deferred Charges	3.41	3.85	0.3	-	2.17
Other Long-Term Assets	119.38	11.89	0.15	0.21	0.21
Total Assets	2,092	2,262	2,665	2,614	2,945
Accounts Payable	135.43	43.5	41.66	37.82	33.3
Accrued Expenses	18.37	27.67	30.01	16.94	17.76
Short-Term Debt	10.01	10.01	383	608.35	553.46
Current Portion of Long-Term Debt	6.25	15	11.21	0.12	488.33
Current Portion of Leases	-	6.62	4.4	3.27	1.13
Current Income Taxes Payable	7.29	3.51	15.35	8.19	19.2
Current Unearned Revenue	0.04	0.08	2.86	0.12	-
Other Current Liabilities	10.9	236.33	256.88	185.45	162.65
Total Current Liabilities	188.29	342.72	745.37	860.27	1,276
Long-Term Debt	45.01	106.54	73.44	71.07	45.78
Long-Term Leases	13.5	18.87	16.51	17.32	20.88
Long-Term Unearned Revenue	4.98	4.37	3.42	2.52	1.77
Long-Term Deferred Tax Liabilities	4.06	6.27	3.78	4.3	1.4
Other Long-Term Liabilities	0.99	0.99	0.67	0.67	-
Total Liabilities	256.83	479.76	843.18	956.14	1,346
Common Stock	477.38	477.38	477.38	477.38	477.38
Additional Paid-In Capital	-	-	60.18	27.9	27.9
Retained Earnings	1,259	1,218	1,200	1,128	1,076
Comprehensive Income & Other	2.13	1.54	1.32	1.48	1.93
Total Common Equity	1,739	1,697	1,739	1,634	1,584
Minority Interest	96	85.73	83.66	23.08	16.09
Shareholders' Equity	1,835	1,782	1,822	1,657	1,600
Total Liabilities & Equity	2,092	2,262	2,665	2,614	2,945
Total Debt	74.77	157.04	488.55	700.13	1,110
Net Cash (Debt)	729.26	404.52	-211.08	-145.43	-373.18
Net Cash Growth	80.28%	-	-	-	-
Net Cash Per Share	1.53	0.85	-0.44	-0.30	-0.78
Filing Date Shares Outstanding	390.9	477.38	477.38	477.38	477.38
Total Common Shares Outstanding	390.9	477.38	477.38	477.38	477.38
Working Capital	1,424	414.57	-152.69	419.68	31.85
Book Value Per Share	4.45	3.55	3.64	3.42	3.32
Tangible Book Value	1,738	1,695	1,737	1,634	1,584
Tangible Book Value Per Share	4.45	3.55	3.64	3.42	3.32
Buildings	-	0.55	1.27	0.98	0.98
Machinery	-	246.23	195.05	148.37	118.66

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.