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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	895.98	1,180	1,302	389.06	410.9	197.47
Trading Asset Securities	376.84	-	-	-	0.79	-
Cash & Short-Term Investments	1,273	1,180	1,302	389.06	411.69	197.47
Cash Growth	-1.89%	-9.40%	234.67%	-5.50%	108.48%	-30.09%
Accounts Receivable	148.29	157.23	135.38	212.28	259.77	209.61
Other Receivables	26.4	43	77.38	29.64	19.19	12.47
Receivables	174.69	200.23	212.76	241.92	278.96	222.08
Inventory	404.89	433.3	432.29	527.05	330.58	215.86
Other Current Assets	7.21	8.37	14	72.74	68.28	46.61
Total Current Assets	1,860	1,822	1,961	1,231	1,090	682.03
Property, Plant & Equipment	1,014	1,007	1,022	1,008	1,068	943.47
Long-Term Investments	258.32	276.14	195.35	190.12	143.52	114.23
Other Intangible Assets	69.45	70.27	71.33	52.07	54.41	56.67
Long-Term Deferred Tax Assets	56.81	60.55	32.01	30.45	30.15	20.71
Other Long-Term Assets	14.88	20.08	13.71	26.66	3.78	3.92
Total Assets	3,273	3,255	3,296	2,538	2,389	1,821
Accounts Payable	99.04	102.35	93.79	199.99	152.59	56.26
Accrued Expenses	12.28	25.84	19.8	30.08	40.1	22.35
Short-Term Debt	68.2	88.45	35	120.39	108.94	98.64
Current Portion of Long-Term Debt	12.2	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	2.63	0.93	3.91	3.7	4.9	7.98
Current Unearned Revenue	32.43	19.16	8.44	8.54	8.53	0.56
Other Current Liabilities	125.56	148.15	185.52	234.83	299.49	357.71
Total Current Liabilities	352.34	387.24	419.92	634.11	665.99	572.69
Long-Term Debt	80	80.1	87.1	50	80	124.24
Long-Term Leases	22	3.24	4.99	7.46	12.6	-
Long-Term Unearned Revenue	0.13	0.13	0.27	0.4	0.53	0.67
Total Liabilities	454.47	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	1,545	1,541	1,455	737.44	706.43	392.27
Retained Earnings	739.09	708.46	792.27	679.57	499.01	364.94
Comprehensive Income & Other	2.7	2.9	3.26	0.88	-1.31	-0.17
Total Common Equity	2,806	2,772	2,770	1,833	1,620	1,117
Minority Interest	12.11	12.26	13.37	12.74	10.62	6.4
Shareholders' Equity	2,818	2,784	2,784	1,846	1,630	1,123
Total Liabilities & Equity	3,273	3,255	3,296	2,538	2,389	1,821
Total Debt	182.4	174.15	200.56	214.42	252.99	252.08
Net Cash (Debt)	1,090	1,005	1,101	174.64	158.7	-54.6
Net Cash Growth	2.35%	-8.72%	530.74%	10.04%	-	-
Net Cash Per Share	2.17	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	1,507	1,434	1,541	596.66	423.53	109.34
Book Value Per Share	5.40	5.34	5.33	4.41	3.90	3.10
Tangible Book Value	2,737	2,702	2,699	1,781	1,565	1,060
Tangible Book Value Per Share	5.27	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.