Shanghai Chemspec Corporation (SHA:688602)

Shanghai Chemspec 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	687.63	1,180	1,302	389.06	410.9	197.47
Trading Asset Securities	513.4	-	-	-	0.79	-
Cash & Short-Term Investments	1,201	1,180	1,302	389.06	411.69	197.47
Cash Growth	-2.82%	-9.40%	234.67%	-5.50%	108.48%	-30.09%
Accounts Receivable	215.61	170.06	178.07	212.28	259.77	209.61
Other Receivables	26.24	30.16	34.69	29.64	19.19	12.47
Receivables	241.85	200.23	212.76	241.92	278.96	222.08
Inventory	396.14	433.3	432.29	527.05	330.58	215.86
Other Current Assets	13.2	8.37	14	72.74	68.28	46.61
Total Current Assets	1,852	1,822	1,961	1,231	1,090	682.03
Property, Plant & Equipment	976.4	1,007	1,022	1,008	1,068	943.47
Long-Term Investments	236.56	276.14	195.35	190.12	143.52	114.23
Other Intangible Assets	67.8	70.27	71.33	52.07	54.41	56.67
Long-Term Deferred Tax Assets	68.63	60.55	32.01	30.45	30.15	20.71
Other Long-Term Assets	84.21	20.08	13.71	26.66	3.78	3.92
Total Assets	3,286	3,255	3,296	2,538	2,389	1,821
Accounts Payable	295.78	102.35	93.79	199.99	152.59	56.26
Accrued Expenses	12.71	25.84	19.8	30.08	40.1	22.35
Short-Term Debt	60.24	88.45	35	120.39	108.94	98.64
Current Portion of Long-Term Debt	12.74	0.69	61.2	30	44.24	29.2
Current Portion of Leases	-	1.67	12.27	6.58	7.2	-
Current Income Taxes Payable	4.29	0.93	3.91	3.7	4.9	7.98
Current Unearned Revenue	13.83	19.16	8.44	8.54	8.53	0.56
Other Current Liabilities	0.02	148.15	185.52	234.83	299.49	357.71
Total Current Liabilities	399.62	387.24	419.92	634.11	665.99	572.69
Long-Term Debt	79.7	80.1	87.1	50	80	124.24
Long-Term Leases	16.12	3.24	4.99	7.46	12.6	-
Long-Term Unearned Revenue	0.03	0.13	0.27	0.4	0.53	0.67
Total Liabilities	495.46	470.72	512.28	691.96	759.12	697.6
Common Stock	519.38	519.38	519.38	415.5	415.5	360
Additional Paid-In Capital	1,552	1,541	1,455	737.44	706.43	392.27
Retained Earnings	716.87	708.46	792.27	679.57	499.01	364.94
Comprehensive Income & Other	1.86	2.9	3.26	0.88	-1.31	-0.17
Total Common Equity	2,790	2,772	2,770	1,833	1,620	1,117
Minority Interest	-	12.26	13.37	12.74	10.62	6.4
Shareholders' Equity	2,790	2,784	2,784	1,846	1,630	1,123
Total Liabilities & Equity	3,286	3,255	3,296	2,538	2,389	1,821
Total Debt	168.8	174.15	200.56	214.42	252.99	252.08
Net Cash (Debt)	1,032	1,005	1,101	174.64	158.7	-54.6
Net Cash Growth	0.29%	-8.72%	530.74%	10.04%	-	-
Net Cash Per Share	2.88	2.03	2.44	0.42	0.41	-0.15
Filing Date Shares Outstanding	519.38	519.38	519.38	415.5	415.5	360
Total Common Shares Outstanding	519.38	519.38	519.38	415.5	415.5	360
Working Capital	1,453	1,434	1,541	596.66	423.53	109.34
Book Value Per Share	5.37	5.34	5.33	4.41	3.90	3.10
Tangible Book Value	2,723	2,702	2,699	1,781	1,565	1,060
Tangible Book Value Per Share	5.24	5.20	5.20	4.29	3.77	2.95
Buildings	-	427.33	452.39	449.28	459.15	339.55
Machinery	-	1,198	1,137	998.36	858.37	717.84
Construction In Progress	-	201.3	136.03	221.21	310.42	409.63

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