Shanghai Sinotec Co., Ltd. (SHA:603121)

Shanghai Sinotec 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	199.1	284.96	165.63	166.7	103	245.79
Short-Term Investments	-	-	-	-	-	120.01
Trading Asset Securities	10.26	10.01	-	100.63	243.19	190.05
Cash & Short-Term Investments	209.37	294.97	165.63	267.33	346.19	555.85
Cash Growth	-41.44%	78.08%	-38.04%	-22.78%	-37.72%	2.16%
Accounts Receivable	359.96	403.03	474.86	378.6	288.83	260.6
Other Receivables	15.81	20.6	8.9	19.99	22.58	19.14
Receivables	375.77	423.63	483.76	398.59	311.41	279.74
Inventory	273.93	264.92	270.09	277.49	205.51	148.55
Prepaid Expenses	-	-	-	-	0.04	0.44
Other Current Assets	14.87	17.4	23.72	14.09	4.86	7.27
Total Current Assets	873.94	1,001	943.21	957.49	868.01	991.85
Property, Plant & Equipment	557.51	595.24	608.18	674.66	518.42	442.23
Long-Term Investments	334.18	122.35	108.32	98.16	26.37	0.08
Goodwill	243.16	243.16	266.41	289.07	49.07	50.2
Other Intangible Assets	99.4	109.04	118.79	132.16	77.31	84.47
Long-Term Accounts Receivable	2.64	2.51	-	-	-	-
Long-Term Deferred Tax Assets	26.52	22.39	20.48	19.08	10.02	8.23
Long-Term Deferred Charges	15.56	20.31	23.55	17.1	13.5	11.38
Other Long-Term Assets	3.05	1.66	6.04	7.15	16.03	17.36
Total Assets	2,156	2,118	2,095	2,195	1,579	1,606
Accounts Payable	237.94	221.86	207.92	263.5	122	120.19
Accrued Expenses	24.41	45.07	58.48	77.07	39.27	37.89
Short-Term Debt	237.2	126.46	270.85	469.19	75.23	163.43
Current Portion of Long-Term Debt	72.03	13.87	0.2	0.03	-	-
Current Portion of Leases	-	2.72	3.13	5.93	0.37	-
Current Income Taxes Payable	8.2	3.86	6.23	6.63	8.04	3.2
Current Unearned Revenue	12.27	12.92	3.85	12.99	12.18	6.59
Other Current Liabilities	9.44	56.94	53.96	90.89	97.32	74.57
Total Current Liabilities	601.48	483.71	604.63	926.22	354.41	405.88
Long-Term Debt	311.59	331.61	185.37	25	-	-
Long-Term Leases	13.1	21.15	2.5	5.65	-	-
Long-Term Unearned Revenue	11.21	12.71	15.25	14.43	15.29	5.93
Pension & Post-Retirement Benefits	-	-	-	-	-	0.96
Long-Term Deferred Tax Liabilities	10.93	12.87	14.29	19.03	7	7.99
Other Long-Term Liabilities	4.7	2.35	7.72	26.81	47.15	66.15
Total Liabilities	953.01	864.41	829.76	1,017	423.86	486.92
Common Stock	338.53	338.53	338.53	342.59	264.55	259.2
Additional Paid-In Capital	527.65	527.65	530.5	545.65	612.6	580.82
Retained Earnings	325.23	365.42	360.74	244.88	304.79	278.8
Treasury Stock	-	-	-	-14.97	-27.01	-
Total Common Equity	1,191	1,232	1,230	1,118	1,155	1,119
Minority Interest	11.56	21.56	35.44	59.59	-0.07	0.07
Shareholders' Equity	1,203	1,253	1,265	1,178	1,155	1,119
Total Liabilities & Equity	2,156	2,118	2,095	2,195	1,579	1,606
Total Debt	633.92	495.82	462.05	505.79	75.6	163.43
Net Cash (Debt)	-424.55	-200.86	-296.42	-238.46	270.59	392.41
Net Cash Growth	-	-	-	-	-31.04%	-6.45%
Net Cash Per Share	-1.22	-0.58	-0.90	-0.57	0.79	1.18
Filing Date Shares Outstanding	338.53	338.53	338.53	342.59	343.92	336.96
Total Common Shares Outstanding	338.53	338.53	338.53	342.59	343.92	336.96
Working Capital	272.46	517.2	338.58	31.27	513.6	585.97
Book Value Per Share	3.52	3.64	3.63	3.26	3.36	3.32
Tangible Book Value	848.84	879.4	844.57	696.91	1,029	984.15
Tangible Book Value Per Share	2.51	2.60	2.49	2.03	2.99	2.92
Buildings	-	342.88	302.7	254.46	254.46	253.72
Machinery	-	638.38	609.64	589.33	442.75	343.77
Construction In Progress	-	13.35	31.46	108.04	39.29	17.49

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