Zheshang Securities Co., Ltd. (SHA:601878)

Zheshang Securities Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	11,668	9,688	7,759	8,333	9,110	7,316
Short-Term Investments	75,194	58,955	39,597	38,841	40,146	34,039
Trading Asset Securities	55,176	50,890	36,593	43,197	44,999	46,422
Accounts Receivable	39,555	39,319	24,569	20,233	17,862	19,713
Other Receivables	378.06	5,429	3,302	1.63	87.92	28.46
Property, Plant & Equipment	1,466	1,605	1,255	1,329	1,341	1,378
Goodwill	682.01	682.01	19.85	19.85	19.85	19.85
Other Intangible Assets	496.17	555.85	255.5	267.29	242.29	225.04
Investments in Debt & Equity Securities	32,082	24,372	14,149	8,167	820.94	-
Other Current Assets	27,084	27,553	19,374	18,374	18,380	15,019
Long-Term Deferred Tax Assets	1,003	802.43	484.9	556.13	560.88	501.91
Other Long-Term Assets	11,036	3,067	5,388	4,806	2,684	127.6
Total Assets	255,821	224,814	154,086	145,528	136,961	125,251

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	2,595	610.22	587.73	704.54	201.76	578.22
Accrued Expenses	51,002	47,303	31,401	21,670	22,124	21,405
Short-Term Debt	44,291	54,988	33,118	30,014	31,514	37,746
Current Portion of Long-Term Debt	-	-	-	-	4,389	3,562
Current Portion of Leases	-	-	146.35	147.16	119.68	105.7
Other Current Liabilities	1,373	1,179	936.41	539.29	1,279	4,365
Long-Term Debt	54,533	36,898	24,422	27,561	14,666	11,536
Long-Term Leases	593.83	662.48	245.44	326.77	324.35	360.22
Long-Term Unearned Revenue	86.91	52.32	26.3	104	161.38	204.21
Long-Term Deferred Tax Liabilities	383.5	327.65	267.19	76.63	214.2	225.68
Other Long-Term Liabilities	51,340	34,808	25,884	35,686	34,318	20,725
Total Liabilities	206,921	177,484	117,561	117,256	109,653	101,414

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	4,535	4,574	4,574	3,878	3,878	3,878
Additional Paid-In Capital	16,760	17,116	17,116	10,471	10,471	9,874
Retained Earnings	16,714	15,292	13,505	12,338	11,084	10,089
Comprehensive Income & Other	305.77	212.07	403.2	734.4	692.46	-3.86
Total Common Equity	38,315	36,789	35,193	27,016	26,125	23,837
Minority Interest	10,584	10,540	1,332	1,255	1,183	-
Shareholders' Equity	48,900	47,329	36,524	28,271	27,309	23,837
Total Liabilities & Equity	255,821	224,814	154,086	145,528	136,961	125,251

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	99,417	92,548	57,932	58,049	51,014	53,311
Net Cash (Debt)	42,621	26,985	26,016	32,321	43,241	34,466
Net Cash Growth	39.82%	3.72%	-19.51%	-25.25%	25.46%	36.37%
Net Cash Per Share	9.26	5.93	6.19	7.74	10.72	9.10
Filing Date Shares Outstanding	4,535	4,535	4,535	4,162	3,878	3,878
Total Common Shares Outstanding	4,535	4,535	4,535	4,162	3,878	3,878
Working Capital	109,071	88,984	65,777	76,840	71,287	54,651
Book Value Per Share	8.45	8.11	7.76	6.33	6.56	6.15
Tangible Book Value	37,137	35,551	34,917	26,729	25,863	23,592
Tangible Book Value Per Share	8.19	7.84	7.70	6.26	6.49	6.08

Data Source: S&P Global Market Intelligence Last updated: Oct 28, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 9, 2026

Data Sources Report a data error