Shandong Donghong Pipe Industry Co., Ltd. (SHA:603856)

SHA:603856 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	328.94	515.02	365.38	394.27	478.16	282.97
Cash & Short-Term Investments	409.11	515.02	365.38	394.27	478.16	282.97
Cash Growth	-12.21%	40.96%	-7.33%	-17.54%	68.98%	-11.01%
Accounts Receivable	1,564	1,566	1,478	1,439	1,720	1,537
Other Receivables	102.76	172.52	286.51	281.52	70.84	75.6
Receivables	1,667	1,739	1,764	1,720	1,791	1,613
Inventory	388.89	380.22	304.32	321.56	439.05	442.02
Other Current Assets	338.37	295.32	63.08	65.14	130.94	61.03
Total Current Assets	2,804	2,929	2,497	2,501	2,839	2,399
Property, Plant & Equipment	807.22	798.8	794.71	664.28	678.32	676.65
Long-Term Investments	28	28.08	185.31	195.51	187.52	163.79
Other Intangible Assets	165.25	166.28	144.6	124.15	126.97	129.64
Long-Term Deferred Tax Assets	42.57	38.21	44.91	49.39	43.9	37.04
Other Long-Term Assets	16.05	25.7	31.83	24.12	61.77	62.33
Total Assets	3,863	3,986	3,698	3,559	3,938	3,468

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	129.64	93.33	105.55	84.6	119.42	103.05
Accrued Expenses	117.25	131.36	115.69	123.16	96.6	98.88
Short-Term Debt	0.01	72	586.04	560.1	803.4	771.04
Current Portion of Long-Term Debt	102.73	246.8	0.24	247.27	-	-
Current Portion of Leases	-	13.94	0.36	11.83	14.92	24.31
Current Income Taxes Payable	18.51	2.97	0.97	1.75	9.96	3.32
Current Unearned Revenue	335.26	302.69	52.51	68.52	220.85	146.89
Other Current Liabilities	220.98	227.61	141.75	147.35	221.64	213.54
Total Current Liabilities	924.38	1,091	1,003	1,245	1,487	1,361
Long-Term Debt	27.06	-	247.3	-	247.27	-
Long-Term Leases	3.56	20.87	1.19	1.55	13.26	28.09
Long-Term Unearned Revenue	87.11	89.38	94.98	62.78	68.1	74.56
Long-Term Deferred Tax Liabilities	5.94	-	-	3.56	1.95	0.57
Other Long-Term Liabilities	14.53	-	-	-	-	-
Total Liabilities	1,063	1,201	1,347	1,312	1,817	1,464

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	282.06	282.06	256.41	256.9	257.39	258.03
Additional Paid-In Capital	874.21	874.21	653.89	656.48	661.63	665.27
Retained Earnings	1,668	1,624	1,434	1,313	1,197	1,087
Treasury Stock	-30	-	-	-2.74	-5.9	-9.89
Comprehensive Income & Other	0.37	-0.08	1.02	15.42	9.24	3.2
Total Common Equity	2,795	2,780	2,345	2,239	2,119	2,004
Minority Interest	5.15	5.49	6.34	6.59	0.93	-
Shareholders' Equity	2,800	2,785	2,352	2,246	2,120	2,004
Total Liabilities & Equity	3,863	3,986	3,698	3,559	3,938	3,468

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	133.36	353.61	835.12	820.75	1,079	823.44
Net Cash (Debt)	275.74	161.42	-469.74	-426.48	-600.69	-540.47
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	1.06	0.63	-1.83	-1.67	-2.34	-2.11
Filing Date Shares Outstanding	282.06	279.77	256.41	256.9	257.39	258.03
Total Common Shares Outstanding	282.06	282.06	256.41	256.9	257.39	258.03
Working Capital	1,879	1,839	1,494	1,256	1,352	1,038
Book Value Per Share	9.91	9.86	9.15	8.72	8.23	7.77
Tangible Book Value	2,630	2,614	2,201	2,115	1,992	1,874
Tangible Book Value Per Share	9.32	9.27	8.58	8.23	7.74	7.26
Buildings	-	480.88	427.8	419.97	407.03	233.48
Machinery	-	587.79	545.76	536.5	502.92	458.09
Construction In Progress	-	131.38	179.47	14.31	26.34	198.58

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 30, 2026

Data Sources Report a data error