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	159.4	153.49	10.98	-	-
Trading Asset Securities	649.42	50	-	-	-
Cash & Short-Term Investments	963.42	561.57	277.47	554.7	736.4
Cash Growth	71.56%	102.39%	-49.98%	-24.67%	338.89%
Accounts Receivable	358.98	161.15	269.76	695.13	542.82
Other Receivables	11.52	17.2	7.27	7.25	11.31
Receivables	370.5	178.34	277.03	702.38	554.13
Inventory	12.2	16.14	36.72	22.52	16.98
Other Current Assets	265.73	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	222.61	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	4.92	11.89	0.15	0.21	0.21
Total Assets	2,092	2,262	2,665	2,614	2,945
Accounts Payable	39.27	43.5	41.66	37.82	33.3
Accrued Expenses	20.97	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	0.03	15	11.21	0.12	488.33
Current Portion of Leases	6.21	6.62	4.4	3.27	1.13
Current Income Taxes Payable	3.73	3.51	15.35	8.19	19.2
Current Unearned Revenue	0.04	0.08	2.86	0.12	-
Other Current Liabilities	108.02	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)	888.65	404.52	-211.08	-145.43	-373.18
Net Cash Growth	119.68%	-	-	-	-
Net Cash Per Share	1.86	0.85	-0.44	-0.30	-0.78
Filing Date Shares Outstanding	477.38	477.38	477.38	477.38	477.38
Total Common Shares Outstanding	477.38	477.38	477.38	477.38	477.38
Working Capital	1,424	414.57	-152.69	419.68	31.85
Book Value Per Share	3.64	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	3.64	3.55	3.64	3.42	3.32
Buildings	0.55	0.55	1.27	0.98	0.98
Machinery	270.38	246.23	195.05	148.37	118.66
Construction In Progress	0.83	-	-	-	-

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