COSCO SHIPPING Development Co., Ltd. (SHA:601866)

SHA:601866 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	11,020	8,702	13,027	15,561	18,020	13,380
Trading Asset Securities	35.74	34.35	661.65	639.61	1,074	654.22
Cash & Short-Term Investments	11,056	8,736	13,688	16,201	19,093	14,034
Cash Growth	-10.42%	-36.18%	-15.51%	-15.15%	36.05%	31.81%
Accounts Receivable	5,871	5,089	4,666	4,040	6,060	24,003
Other Receivables	58.4	11.63	19.2	191.6	58.96	280.2
Receivables	5,929	5,101	4,685	4,231	6,119	24,283
Inventory	2,414	2,268	2,198	4,050	6,902	1,965
Prepaid Expenses	-	-	-	-	-	0.33
Other Current Assets	1,896	2,024	2,051	408.33	1,454	2,098
Total Current Assets	21,295	18,128	22,622	24,890	33,568	42,380
Property, Plant & Equipment	51,790	51,010	45,482	43,239	38,547	56,859
Long-Term Investments	29,473	29,128	28,102	27,354	28,483	25,015
Other Intangible Assets	641.14	656.9	638.79	624.65	593.39	607.22
Long-Term Accounts Receivable	26,162	26,917	28,491	31,128	31,127	27,694
Long-Term Deferred Tax Assets	272.94	282.68	261.9	116.14	41.15	284.67
Long-Term Deferred Charges	18.59	19.37	22.15	28.54	3.83	58.79
Other Long-Term Assets	264.98	225.28	310.93	765.57	253.05	335.89
Total Assets	129,917	126,367	125,931	128,147	132,616	153,235
Accounts Payable	3,779	2,202	1,315	819.12	1,966	3,177
Accrued Expenses	870.31	2,642	2,170	3,099	3,028	2,425
Short-Term Debt	19,794	16,419	18,745	20,013	26,414	22,953
Current Portion of Long-Term Debt	24,623	16,616	14,174	15,945	18,990	36,272
Current Portion of Leases	-	87.21	106.66	39.09	47.23	299.41
Current Income Taxes Payable	272.26	151.38	189.44	359.19	562.07	205.82
Current Unearned Revenue	526.03	446.05	481.25	814.96	1,336	524.53
Other Current Liabilities	644.35	807.98	1,030	986.17	1,537	3,146
Total Current Liabilities	50,509	39,371	38,211	42,076	53,881	69,002
Long-Term Debt	47,649	55,542	57,629	56,520	45,349	53,836
Long-Term Leases	132.82	155.94	169.33	36.37	66.47	59.99
Long-Term Unearned Revenue	84.62	87.63	83.38	63.71	22.11	20.37
Long-Term Deferred Tax Liabilities	66.27	65.2	17.52	6	39.18	104.89
Other Long-Term Liabilities	515.57	524.79	521.11	536.52	551.78	2,784
Total Liabilities	98,957	95,761	96,647	99,254	99,927	125,829
Common Stock	13,576	13,576	13,576	13,586	13,586	11,608
Additional Paid-In Capital	-	2,456	2,465	2,705	2,835	3,388
Retained Earnings	16,278	15,798	15,251	15,008	14,134	8,962
Treasury Stock	-389.03	-296.46	-84.21	-173.15	-233.43	-233.43
Comprehensive Income & Other	1,167	-1,238	-1,924	-2,234	2,366	3,681
Total Common Equity	30,632	30,296	29,284	28,893	32,689	27,406
Minority Interest	327.78	309.91	-	-	-	-
Shareholders' Equity	30,960	30,606	29,284	28,893	32,689	27,406
Total Liabilities & Equity	129,917	126,367	125,931	128,147	132,616	153,235
Total Debt	92,199	88,820	90,824	92,553	90,867	113,421
Net Cash (Debt)	-81,143	-80,084	-77,136	-76,353	-71,774	-99,387
Net Cash Per Share	-6.02	-5.92	-5.70	-5.65	-5.86	-7.27
Filing Date Shares Outstanding	13,346	13,427	13,547	13,527	13,507	11,528
Total Common Shares Outstanding	13,346	13,427	13,547	13,527	13,507	11,528
Working Capital	-29,214	-21,243	-15,590	-17,186	-20,313	-26,622
Book Value Per Share	2.30	2.26	2.16	2.14	2.05	1.86
Tangible Book Value	29,991	29,639	28,645	28,268	32,096	26,798
Tangible Book Value Per Share	2.25	2.21	2.11	2.09	2.01	1.80
Buildings	-	1,541	1,477	1,350	1,095	1,069
Machinery	-	13,054	12,650	11,554	9,175	47,787
Construction In Progress	-	2,437	228.57	400.15	347.5	193.5

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