China Satellite Communications Co., Ltd. (SHA:601698)

SHA:601698 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	4,937	6,492	7,241	6,335	4,881	4,036
Short-Term Investments	2,900	1,500	-	1,000	1,140	1,500
Trading Asset Securities	-	-	-	-	1.62	2.03
Cash & Short-Term Investments	7,837	7,992	7,241	7,335	6,023	5,538
Cash Growth	2.80%	10.38%	-1.29%	21.79%	8.74%	9.33%
Accounts Receivable	961.04	461.32	399.43	476.33	418.23	419.63
Other Receivables	24.55	16.95	18.27	8.66	8.92	6.28
Receivables	985.59	478.27	417.7	484.99	427.15	425.91
Inventory	25.09	17.84	14.73	16.47	8.29	12.08
Prepaid Expenses	1.66	0.57	10.33	17.88	16.17	0.13
Other Current Assets	329.82	299.58	310.7	228.69	122.52	121.53
Total Current Assets	9,180	8,789	7,994	8,083	6,597	6,098
Property, Plant & Equipment	11,171	11,082	11,422	10,967	9,589	9,231
Long-Term Investments	519.99	542.29	758.05	811.97	847.06	653.42
Other Intangible Assets	1,422	1,460	1,490	1,541	1,309	1,352
Long-Term Deferred Tax Assets	73.71	96.78	513.64	575.47	46.92	65.13
Long-Term Deferred Charges	93.48	82.59	72.94	40.26	266.33	190.9
Other Long-Term Assets	354.43	360.21	405.34	418.24	453.86	698.72
Total Assets	22,813	22,413	22,656	22,437	19,108	18,289
Accounts Payable	710.65	251.55	611.91	360.01	270.05	180.94
Accrued Expenses	42.33	80.95	100.81	126.53	119.64	99.3
Short-Term Debt	-	-	10	15	-	-
Current Portion of Leases	24.91	31.81	34.17	30.79	36.25	-
Current Income Taxes Payable	59.21	44.44	58.5	16.07	32.86	159.42
Current Unearned Revenue	1,026	1,003	963.59	1,187	1,592	1,235
Other Current Liabilities	95.74	92.71	86.94	105.94	112.75	106.04
Total Current Liabilities	1,959	1,504	1,866	1,842	2,163	1,781
Long-Term Leases	89.2	99.96	130.79	147.08	144.17	-
Long-Term Unearned Revenue	269.38	283.86	318.7	349.13	438.6	476.49
Long-Term Deferred Tax Liabilities	440.51	462.32	859.83	889.58	587.04	608.99
Other Long-Term Liabilities	8.66	8.66	8.66	-	-	-
Total Liabilities	2,767	2,359	3,184	3,227	3,333	2,866
Common Stock	4,224	4,224	4,224	4,224	4,000	4,000
Additional Paid-In Capital	7,790	7,790	7,790	7,790	5,875	5,875
Retained Earnings	3,545	3,501	3,099	2,935	2,127	1,660
Comprehensive Income & Other	193.7	211.77	184.56	160.88	3.91	48.83
Total Common Equity	15,753	15,727	15,298	15,110	12,006	11,584
Minority Interest	4,294	4,327	4,173	4,100	3,769	3,839
Shareholders' Equity	20,047	20,054	19,472	19,210	15,775	15,423
Total Liabilities & Equity	22,813	22,413	22,656	22,437	19,108	18,289
Total Debt	114.12	131.76	174.96	192.87	180.42	-
Net Cash (Debt)	7,723	7,861	7,066	7,142	5,842	5,538
Net Cash Growth	3.65%	11.25%	-1.07%	22.25%	5.49%	9.33%
Net Cash Per Share	1.83	1.86	1.67	1.77	1.46	1.38
Filing Date Shares Outstanding	4,224	4,224	4,224	4,224	4,000	4,000
Total Common Shares Outstanding	4,224	4,224	4,224	4,224	4,000	4,000
Working Capital	7,220	7,285	6,128	6,241	4,433	4,317
Book Value Per Share	3.73	3.72	3.62	3.58	3.00	2.90
Tangible Book Value	14,331	14,267	13,809	13,569	10,697	10,231
Tangible Book Value Per Share	3.39	3.38	3.27	3.21	2.67	2.56
Buildings	782.01	781.12	737.75	731.36	561.69	565.92
Machinery	22,874	21,850	20,600	18,119	17,700	16,965
Construction In Progress	891.54	1,321	1,519	2,404	1,492	1,319

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