Shanghai Xintonglian Packaging Co., Ltd. (SHA:603022)

SHA:603022 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	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	180.59	157.91	162.52	163.71	135.88	126.33
Short-Term Investments	-	-	-	-	-	10
Cash & Short-Term Investments	180.59	157.91	162.52	163.71	135.88	136.33
Cash Growth	-3.26%	-2.83%	-0.73%	20.48%	-0.33%	36.46%
Accounts Receivable	320.07	386.91	325.68	271.78	259.22	221.96
Other Receivables	18.16	5.63	5.42	4.27	4.62	377.21
Receivables	338.23	392.53	331.1	276.05	263.84	599.17
Inventory	164.09	129.19	98.43	87.92	111.68	113.21
Prepaid Expenses	-	2.36	0.74	-	-	2.63
Other Current Assets	15.3	13.5	10.04	7.53	15.65	10.86
Total Current Assets	698.21	695.5	602.82	535.22	527.04	862.2
Property, Plant & Equipment	342.45	352.87	332.73	327.3	325.65	305.68
Long-Term Investments	2.48	2.69	23.87	37.31	17	14
Other Intangible Assets	107	108.93	136.46	116.89	120.65	122.55
Long-Term Deferred Tax Assets	5.7	5.72	7.38	3.35	2.69	1.88
Long-Term Deferred Charges	1.96	2.02	3.41	3.59	5.7	4.43
Other Long-Term Assets	2.84	3.85	1.12	13.55	1.43	6
Total Assets	1,161	1,172	1,108	1,037	1,000	1,317

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	186.94	175.12	171.86	135.91	136.6	117.91
Accrued Expenses	5.65	19.02	13.37	16.77	17.07	12.02
Short-Term Debt	49.03	52.35	57.36	56.79	65.75	458
Current Portion of Leases	10.88	11.81	8.92	8.51	5.63	5.35
Current Income Taxes Payable	4.55	4.8	5.99	5.08	3.52	2.18
Current Unearned Revenue	1.19	1.93	7.67	2.95	0.85	0.93
Other Current Liabilities	21.06	27.14	11.8	8.58	11.45	10.56
Total Current Liabilities	279.3	292.17	276.96	234.58	240.87	606.95
Long-Term Leases	16.22	18.62	19.36	15.48	10.72	3.53
Long-Term Unearned Revenue	13.6	13.87	14.94	15.21	16.29	17.36
Long-Term Deferred Tax Liabilities	0.14	0.17	0.42	0.54	0.6	0.52
Other Long-Term Liabilities	-	-	0.34	-	-	-
Total Liabilities	309.26	324.82	312.01	265.81	268.47	628.36

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	200	200	200	200	200	200
Additional Paid-In Capital	134.75	134.75	134.75	134.75	134.75	135.25
Retained Earnings	526.27	513.9	469.99	435.69	394.99	359.6
Comprehensive Income & Other	-7.15	0.6	-6.47	-3.14	-2.29	-6.47
Total Common Equity	853.87	849.25	798.27	767.3	727.45	688.38
Minority Interest	-2.49	-2.49	-2.49	4.09	4.25	-
Shareholders' Equity	851.38	846.76	795.78	771.39	731.69	688.38
Total Liabilities & Equity	1,161	1,172	1,108	1,037	1,000	1,317

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	76.12	82.78	85.63	80.77	82.1	466.89
Net Cash (Debt)	104.46	75.13	76.88	82.93	53.78	-330.55
Net Cash Growth	-2.50%	-2.28%	-7.30%	54.20%	-	-
Net Cash Per Share	0.53	0.38	0.39	0.42	0.28	-1.61
Filing Date Shares Outstanding	200	200	200	200	200	200
Total Common Shares Outstanding	200	200	200	200	200	200
Working Capital	418.91	403.33	325.86	300.63	286.18	255.25
Book Value Per Share	4.27	4.25	3.99	3.84	3.64	3.44
Tangible Book Value	746.87	740.32	661.81	650.4	606.8	565.83
Tangible Book Value Per Share	3.73	3.70	3.31	3.25	3.03	2.83
Buildings	-	285.64	290.2	289.04	288.15	234.54
Machinery	-	168.56	165.1	154.17	143.22	125.63
Construction In Progress	-	52.84	13.14	3.79	1.05	43.66

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 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:

Jul 28, 2026

Data Sources Report a data error