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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	734.75	1,196	1,180	1,302	389.06	410.9
Trading Asset Securities	352.63	-	-	-	-	0.79
Cash & Short-Term Investments	1,087	1,196	1,180	1,302	389.06	411.69
Cash Growth	-12.82%	1.37%	-9.40%	234.67%	-5.50%	108.48%
Accounts Receivable	191.85	190.19	170.06	178.07	212.28	259.77
Other Receivables	27.07	52.01	30.16	34.69	29.64	19.19
Receivables	218.92	242.2	200.23	212.76	241.92	278.96
Inventory	393.28	360.76	433.3	432.29	527.05	330.58
Other Current Assets	19.32	12.04	8.37	14	72.74	68.28
Total Current Assets	1,719	1,811	1,822	1,961	1,231	1,090
Property, Plant & Equipment	891.76	930.94	1,007	1,022	1,008	1,068
Long-Term Investments	257.86	235.18	276.14	195.35	190.12	143.52
Other Intangible Assets	65.33	66.98	70.27	71.33	52.07	54.41
Long-Term Deferred Tax Assets	89.61	79.95	60.55	32.01	30.45	30.15
Other Long-Term Assets	35.01	29.43	20.08	13.71	26.66	3.78
Total Assets	3,058	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	150.45	140.72	102.35	93.79	199.99	152.59
Accrued Expenses	16.74	21.25	25.84	19.8	30.08	40.1
Short-Term Debt	40.02	40.16	88.45	35	120.39	108.94
Current Portion of Long-Term Debt	39.83	0.68	0.69	61.2	30	44.24
Current Portion of Leases	1.71	1.79	1.67	12.27	6.58	7.2
Current Income Taxes Payable	1.68	0.59	0.93	3.91	3.7	4.9
Current Unearned Revenue	14.53	19.11	19.16	8.44	8.54	8.53
Other Current Liabilities	73.16	96.03	148.15	185.52	234.83	299.49
Total Current Liabilities	338.13	320.33	387.24	419.92	634.11	665.99
Long-Term Debt	-	79.5	80.1	87.1	50	80
Long-Term Leases	15.66	21.5	3.24	4.99	7.46	12.6
Long-Term Unearned Revenue	4.8	5.26	0.13	0.27	0.4	0.53
Total Liabilities	358.59	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	Jun 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	603.47	644.26	708.46	792.27	679.57	499.01
Comprehensive Income & Other	0.22	1.92	2.9	3.26	0.88	-1.31
Total Common Equity	2,688	2,717	2,772	2,770	1,833	1,620
Minority Interest	12.01	10.16	12.26	13.37	12.74	10.62
Shareholders' Equity	2,700	2,727	2,784	2,784	1,846	1,630
Total Liabilities & Equity	3,058	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	97.23	143.63	174.15	200.56	214.42	252.99
Net Cash (Debt)	990.15	1,052	1,005	1,101	174.64	158.7
Net Cash Growth	-7.98%	4.64%	-8.72%	530.74%	10.04%	-
Net Cash Per Share	1.86	1.97	2.03	2.44	0.42	0.41
Filing Date Shares Outstanding	519.38	519.38	519.38	519.38	415.5	415.5
Total Common Shares Outstanding	519.38	519.38	519.38	519.38	415.5	415.5
Working Capital	1,381	1,490	1,434	1,541	596.66	423.53
Book Value Per Share	5.18	5.23	5.34	5.33	4.41	3.90
Tangible Book Value	2,623	2,650	2,702	2,699	1,781	1,565
Tangible Book Value Per Share	5.05	5.10	5.20	5.20	4.29	3.77
Buildings	418.59	422.52	427.33	452.39	449.28	459.15
Machinery	1,332	1,332	1,198	1,137	998.36	858.37
Construction In Progress	144.7	108.94	201.3	136.03	221.21	310.42

Data Source: S&P Global Market Intelligence Last updated: Aug 21, 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:

Sep 11, 2026

Data Sources Report a data error