China Master Logistics Co., Ltd. (SHA:603967)

China Master Logistics 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	620.1	686.58	584.3	460.07	642.51	495.89
Trading Asset Securities	1.04	1.32	0.68	0.6	0.79	66.73
Cash & Short-Term Investments	621.14	687.9	584.97	460.67	643.3	562.62
Cash Growth	27.10%	17.59%	26.98%	-28.39%	14.34%	-26.83%
Accounts Receivable	1,697	1,529	1,684	1,275	1,045	1,519
Other Receivables	128.67	137.45	231.59	374.52	289.56	67.88
Receivables	1,826	1,667	1,916	1,650	1,335	1,587
Inventory	14.27	16.67	12.98	13.94	14.38	10.97
Other Current Assets	120.02	62.32	63.47	35.99	49.02	48.65
Total Current Assets	2,581	2,434	2,577	2,160	2,041	2,209
Property, Plant & Equipment	659.04	1,080	1,182	945.99	969.87	871.53
Long-Term Investments	326.83	136.12	181.69	195.76	258.73	283.47
Goodwill	0.24	0.18	0.18	0.18	0.18	0.18
Other Intangible Assets	281.18	367.94	383.5	399.3	408.5	422.95
Long-Term Accounts Receivable	-	43.49	2.43	3.41	-	-
Long-Term Deferred Tax Assets	33.87	30.9	46.43	30.06	42.78	6.21
Long-Term Deferred Charges	8.13	20.9	22.74	20.6	23.07	19.26
Other Long-Term Assets	105.7	58.17	55.37	54.45	63.12	87.23
Total Assets	3,996	4,171	4,452	3,810	3,808	3,900

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	972.37	954.48	1,008	674.49	669.72	1,020
Accrued Expenses	30.74	52.99	49.09	41.59	45.72	43.13
Short-Term Debt	10	95.58	246.17	201.68	198.72	155.89
Current Portion of Long-Term Debt	49.49	20.18	50.05	30.03	0.17	0.15
Current Portion of Leases	-	59.2	68.47	31.56	77.62	11.17
Current Income Taxes Payable	49.41	21.65	30.91	34.1	24.77	21.74
Current Unearned Revenue	48.62	10.77	13.57	10.73	20.56	12.6
Other Current Liabilities	126.9	150.18	147.87	117.71	138.55	122.93
Total Current Liabilities	1,288	1,365	1,615	1,142	1,176	1,387
Long-Term Debt	-	107.22	98.46	122.52	144.38	114.38
Long-Term Leases	54.24	36.44	92.18	50.93	76.88	171.86
Long-Term Unearned Revenue	12.18	34.28	34.32	27.71	27.91	6.45
Long-Term Deferred Tax Liabilities	43.73	35.88	53.89	32.39	48.76	16.03
Other Long-Term Liabilities	-	-	-	0.46	-	-
Total Liabilities	1,398	1,579	1,893	1,376	1,474	1,696

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	346.67	346.67	346.67	346.67	346.67	266.67
Additional Paid-In Capital	802.04	802.26	814.55	814.38	814.09	896.15
Retained Earnings	1,264	1,223	1,170	1,090	1,006	894.78
Comprehensive Income & Other	-1.67	15.01	25.67	21.74	29	27.42
Total Common Equity	2,411	2,387	2,357	2,273	2,196	2,085
Minority Interest	187.5	205.35	201.57	160.7	137.74	118.78
Shareholders' Equity	2,599	2,592	2,558	2,434	2,334	2,204
Total Liabilities & Equity	3,996	4,171	4,452	3,810	3,808	3,900

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	113.74	318.63	555.34	436.73	497.77	453.45
Net Cash (Debt)	507.4	369.27	29.64	23.94	145.52	109.17
Net Cash Growth	327.60%	1146.05%	23.80%	-83.55%	33.29%	-85.80%
Net Cash Per Share	1.45	1.06	0.09	0.07	0.42	0.32
Filing Date Shares Outstanding	347.82	346.67	346.67	346.67	346.67	346.67
Total Common Shares Outstanding	347.82	346.67	346.67	346.67	346.67	346.67
Working Capital	1,294	1,068	962.65	1,018	865.46	821.69
Book Value Per Share	6.93	6.88	6.80	6.56	6.33	6.01
Tangible Book Value	2,130	2,018	1,973	1,874	1,787	1,662
Tangible Book Value Per Share	6.12	5.82	5.69	5.41	5.16	4.79
Buildings	-	464.12	465.05	357.8	284.66	164.85
Machinery	-	851.71	840.32	669.88	573.58	509.89
Construction In Progress	-	91.38	84.4	166.38	255.39	270.18

Data Source: S&P Global Market Intelligence Last updated: Oct 22, 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:

Oct 27, 2026

Data Sources Report a data error