Shanghai Chemspec Corporation (SHA:688602)

Shanghai Chemspec 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	323.13	1,196	1,180	1,302	389.06	410.9
Trading Asset Securities	708.22	-	-	-	-	0.79
Cash & Short-Term Investments	1,031	1,196	1,180	1,302	389.06	411.69
Cash Growth	-14.13%	1.37%	-9.40%	234.67%	-5.50%	108.48%
Accounts Receivable	202.51	190.19	170.06	178.07	212.28	259.77
Other Receivables	67.77	52.01	30.16	34.69	29.64	19.19
Receivables	270.28	242.2	200.23	212.76	241.92	278.96
Inventory	405.48	360.76	433.3	432.29	527.05	330.58
Other Current Assets	21.57	12.04	8.37	14	72.74	68.28
Total Current Assets	1,729	1,811	1,822	1,961	1,231	1,090
Property, Plant & Equipment	885.9	930.94	1,007	1,022	1,008	1,068
Long-Term Investments	221.93	235.18	276.14	195.35	190.12	143.52
Other Intangible Assets	64.5	66.98	70.27	71.33	52.07	54.41
Long-Term Deferred Tax Assets	98.76	79.95	60.55	32.01	30.45	30.15
Other Long-Term Assets	33.34	29.43	20.08	13.71	26.66	3.78
Total Assets	3,033	3,153	3,255	3,296	2,538	2,389

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	154.48	140.72	102.35	93.79	199.99	152.59
Accrued Expenses	13.99	21.25	25.84	19.8	30.08	40.1
Short-Term Debt	74.84	40.16	88.45	35	120.39	108.94
Current Portion of Long-Term Debt	21.75	0.68	0.69	61.2	30	44.24
Current Portion of Leases	-	1.79	1.67	12.27	6.58	7.2
Current Income Taxes Payable	6.15	0.59	0.93	3.91	3.7	4.9
Current Unearned Revenue	18.05	19.11	19.16	8.44	8.54	8.53
Other Current Liabilities	79.01	96.03	148.15	185.52	234.83	299.49
Total Current Liabilities	368.26	320.33	387.24	419.92	634.11	665.99
Long-Term Debt	-	79.5	80.1	87.1	50	80
Long-Term Leases	12.64	21.5	3.24	4.99	7.46	12.6
Long-Term Unearned Revenue	8.86	5.26	0.13	0.27	0.4	0.53
Total Liabilities	389.76	426.59	470.72	512.28	691.96	759.12

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	519.38	519.38	519.38	519.38	415.5	415.5
Additional Paid-In Capital	1,565	1,551	1,541	1,455	737.44	706.43
Retained Earnings	576.36	644.26	708.46	792.27	679.57	499.01
Comprehensive Income & Other	0.02	1.92	2.9	3.26	0.88	-1.31
Total Common Equity	2,631	2,717	2,772	2,770	1,833	1,620
Minority Interest	12.24	10.16	12.26	13.37	12.74	10.62
Shareholders' Equity	2,643	2,727	2,784	2,784	1,846	1,630
Total Liabilities & Equity	3,033	3,153	3,255	3,296	2,538	2,389

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	109.23	143.63	174.15	200.56	214.42	252.99
Net Cash (Debt)	922.12	1,052	1,005	1,101	174.64	158.7
Net Cash Growth	-10.67%	4.64%	-8.72%	530.74%	10.04%	-
Net Cash Per Share	1.46	1.97	2.03	2.44	0.42	0.41
Filing Date Shares Outstanding	547.19	519.38	519.38	519.38	415.5	415.5
Total Common Shares Outstanding	547.19	519.38	519.38	519.38	415.5	415.5
Working Capital	1,360	1,490	1,434	1,541	596.66	423.53
Book Value Per Share	4.81	5.23	5.34	5.33	4.41	3.90
Tangible Book Value	2,567	2,650	2,702	2,699	1,781	1,565
Tangible Book Value Per Share	4.69	5.10	5.20	5.20	4.29	3.77
Buildings	-	422.52	427.33	452.39	449.28	459.15
Machinery	-	1,332	1,198	1,137	998.36	858.37
Construction In Progress	-	108.94	201.3	136.03	221.21	310.42

Data Source: S&P Global Market Intelligence Last updated: Oct 30, 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:

Nov 12, 2026

Data Sources Report a data error