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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	9,423	9,688	7,759	8,333	9,110	7,316
Short-Term Investments	71,756	58,955	39,597	38,841	40,146	34,039
Trading Asset Securities	49,715	50,890	36,593	43,197	44,999	46,422
Accounts Receivable	46,770	39,319	24,569	20,233	17,862	19,713
Other Receivables	6,503	5,429	3,302	1.63	87.92	28.46
Property, Plant & Equipment	1,514	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	503.64	555.85	255.5	267.29	242.29	225.04
Investments in Debt & Equity Securities	28,583	24,372	14,149	8,167	820.94	-
Other Current Assets	49,804	27,553	19,374	18,374	18,380	15,019
Long-Term Deferred Tax Assets	1,194	802.43	484.9	556.13	560.88	501.91
Other Long-Term Assets	3,197	3,067	5,388	4,806	2,684	127.6
Total Assets	271,499	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	955.77	610.22	587.73	704.54	201.76	578.22
Accrued Expenses	73,137	47,303	31,401	21,670	22,124	21,405
Short-Term Debt	48,288	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	1,989	1,179	936.41	539.29	1,279	4,365
Long-Term Debt	51,685	36,898	24,422	27,561	14,666	11,536
Long-Term Leases	625.54	662.48	245.44	326.77	324.35	360.22
Long-Term Unearned Revenue	67.86	52.32	26.3	104	161.38	204.21
Long-Term Deferred Tax Liabilities	315.37	327.65	267.19	76.63	214.2	225.68
Other Long-Term Liabilities	45,848	34,808	25,884	35,686	34,318	20,725
Total Liabilities	223,616	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	4,574	4,574	4,574	3,878	3,878	3,878
Additional Paid-In Capital	17,127	17,116	17,116	10,471	10,471	9,874
Retained Earnings	16,419	15,292	13,505	12,338	11,084	10,089
Comprehensive Income & Other	-164.53	212.07	403.2	734.4	692.46	-3.86
Total Common Equity	37,550	36,789	35,193	27,016	26,125	23,837
Minority Interest	10,333	10,540	1,332	1,255	1,183	-
Shareholders' Equity	47,883	47,329	36,524	28,271	27,309	23,837
Total Liabilities & Equity	271,499	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	100,598	92,548	57,932	58,049	51,014	53,311
Net Cash (Debt)	30,296	26,985	26,016	32,321	43,241	34,466
Net Cash Growth	-29.95%	3.72%	-19.51%	-25.25%	25.46%	36.37%
Net Cash Per Share	6.75	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	110,792	88,984	65,777	76,840	71,287	54,651
Book Value Per Share	8.28	8.11	7.76	6.33	6.56	6.15
Tangible Book Value	36,364	35,551	34,917	26,729	25,863	23,592
Tangible Book Value Per Share	8.02	7.84	7.70	6.26	6.49	6.08

Data Source: S&P Global Market Intelligence Last updated: Aug 25, 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:

Sep 9, 2026

Data Sources Report a data error