Ningbo Ocean Shipping Co., Ltd. (SHA:601022)

Ningbo Ocean Shipping 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,687	1,254	1,416	1,558	620.88	675.28
Short-Term Investments	-	-	4.16	4.16	-	-
Cash & Short-Term Investments	1,687	1,254	1,420	1,562	620.88	675.28
Cash Growth	43.91%	-11.70%	-9.12%	151.63%	-8.05%	18.42%
Accounts Receivable	1,193	1,263	981.71	1,094	1,064	940.5
Other Receivables	29.95	21.07	15	1.7	7.27	28.98
Receivables	1,222	1,284	996.71	1,096	1,071	969.48
Inventory	72.34	78.25	69.86	62.38	49.47	28.27
Other Current Assets	103.21	147.52	204.85	76.13	68.26	86.52
Total Current Assets	3,085	2,764	2,691	2,797	1,810	1,760
Property, Plant & Equipment	5,064	5,072	4,713	3,540	3,067	2,310
Long-Term Investments	278.23	277.01	285.03	291.89	310.05	11.69
Goodwill	1.34	1.34	1.34	1.34	1.34	1.34
Other Intangible Assets	5.59	5.99	3.78	2.98	3.12	3.33
Long-Term Deferred Tax Assets	2.34	2.41	1.68	4.52	5.04	1.55
Long-Term Deferred Charges	1.16	1.28	1.84	2.29	1.96	4.13
Other Long-Term Assets	78.51	85.17	201.41	396.8	531.45	301.36
Total Assets	8,516	8,209	7,899	7,037	5,729	4,398
Accounts Payable	1,177	1,121	881.8	925.16	815.67	802.67
Accrued Expenses	25.6	6.44	11.35	22.51	10	41.2
Short-Term Debt	670.22	431.68	150.1	30.03	401.61	410.47
Current Portion of Long-Term Debt	19.89	1	66.9	15.61	1.64	-
Current Portion of Leases	-	7.64	13.8	10.4	9.62	-
Current Income Taxes Payable	35.32	7.02	10.96	60.57	58.96	99.21
Current Unearned Revenue	1.29	1.24	2.97	8.3	1.94	3.57
Other Current Liabilities	376.73	600.75	708.32	167.69	275.7	581.13
Total Current Liabilities	2,306	2,177	1,846	1,240	1,575	1,938
Long-Term Debt	22.1	33.5	435	501.4	593.36	-
Long-Term Leases	3.24	3.05	10.4	19.57	18.89	-
Long-Term Deferred Tax Liabilities	220.63	198.42	171.23	81.85	42.02	8.86
Other Long-Term Liabilities	-	-	-	20.2	37.64	20.2
Total Liabilities	2,552	2,412	2,463	1,863	2,267	1,967
Common Stock	1,309	1,309	1,309	1,309	1,178	900
Additional Paid-In Capital	2,391	2,391	2,393	2,393	1,499	452.79
Retained Earnings	2,233	2,057	1,656	1,353	683.16	994.24
Comprehensive Income & Other	21.14	29.79	71.2	107	90.62	71.93
Total Common Equity	5,954	5,787	5,428	5,162	3,450	2,419
Minority Interest	10.01	10.06	8.33	11.94	11.99	12
Shareholders' Equity	5,964	5,797	5,437	5,174	3,462	2,431
Total Liabilities & Equity	8,516	8,209	7,899	7,037	5,729	4,398
Total Debt	715.44	476.87	676.19	577.01	1,025	410.47
Net Cash (Debt)	971.17	776.92	743.76	985.35	-404.23	264.81
Net Cash Growth	94.91%	4.46%	-24.52%	-	-	-
Net Cash Per Share	0.73	0.59	0.58	0.84	-0.35	0.29
Filing Date Shares Outstanding	1,309	1,309	1,309	1,309	1,178	900
Total Common Shares Outstanding	1,309	1,309	1,309	1,309	1,178	900
Working Capital	778.61	587.24	845.18	1,557	234.6	-178.71
Book Value Per Share	4.55	4.42	4.15	3.94	2.93	2.69
Tangible Book Value	5,947	5,780	5,423	5,157	3,446	2,414
Tangible Book Value Per Share	4.54	4.42	4.14	3.94	2.93	2.68
Buildings	-	54.66	54.76	56.38	57.07	65.07
Machinery	-	6,434	5,593	4,343	3,487	2,963
Construction In Progress	-	322.51	444.11	305.12	490.84	146.91

Updated Oct 28, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.