China Merchants Expressway Network & Technology Holdings Co.,Ltd. (SHE:001965)

SHE:001965 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	Jun 30, 2025	Dec 31, 2024	Jan 1, 2024	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	10,359	9,250	8,931	4,375	6,392	6,798
Short-Term Investments	198.51	-	-	-	-	-
Cash & Short-Term Investments	10,558	9,250	8,931	4,375	6,392	6,798
Cash Growth	25.17%	3.57%	104.13%	-31.55%	-5.97%	2.17%
Accounts Receivable	4,222	4,256	4,161	3,675	3,430	3,066
Other Receivables	1,110	708.89	494.06	3,379	237.02	507.7
Receivables	5,333	4,965	4,655	7,054	3,689	3,573
Inventory	410.46	338.71	367.49	310.83	216.84	279.1
Prepaid Expenses	29.12	24.07	26.03	20.97	23.05	56
Other Current Assets	203.5	425.99	493.22	318.98	1,308	209.62
Total Current Assets	16,533	15,003	14,473	12,080	11,630	10,916
Property, Plant & Equipment	2,962	2,950	2,853	2,836	1,516	1,867
Long-Term Investments	55,708	54,168	46,759	46,841	42,957	38,256
Goodwill	-	-	18.97	18.97	18.97	18.97
Other Intangible Assets	83,594	85,354	92,024	51,537	37,572	39,188
Long-Term Accounts Receivable	166.11	741.97	87.48	85.16	101.1	140.99
Long-Term Deferred Tax Assets	179.38	133.87	160.06	93.22	74.6	88.72
Long-Term Deferred Charges	560.23	660.68	907.19	973.03	1,045	128.33
Other Long-Term Assets	736.47	157.52	198.6	474.63	3,407	3,405
Total Assets	160,439	159,169	157,482	114,939	98,321	94,009
Accounts Payable	2,186	2,520	2,240	2,066	1,992	1,873
Accrued Expenses	896.44	829.71	824.04	753.14	692.91	400
Short-Term Debt	2,461	2,623	2,745	2,345	1,905	2,745
Current Portion of Long-Term Debt	7,631	6,883	7,758	1,173	2,694	3,761
Current Portion of Leases	39.88	42.1	41.4	57.38	32.82	-
Current Income Taxes Payable	151.77	144.47	188.54	106.18	353.86	275.24
Current Unearned Revenue	929.16	1,256	1,156	1,001	1,102	957.54
Other Current Liabilities	5,144	1,932	2,259	2,223	961.4	1,045
Total Current Liabilities	19,439	16,231	17,211	9,724	9,735	11,057
Long-Term Debt	46,394	48,300	51,073	33,017	21,341	19,563
Long-Term Leases	146.37	149.92	183.52	199.67	226.93	-
Long-Term Unearned Revenue	120.4	125.13	150.98	161.75	184.76	209.87
Long-Term Deferred Tax Liabilities	4,938	4,984	6,268	3,612	3,224	3,371
Other Long-Term Liabilities	723.25	275.22	172.35	304.31	265.56	75.3
Total Liabilities	72,077	70,388	75,344	47,264	35,000	34,275
Common Stock	6,820	6,820	6,254	6,178	6,178	6,178
Additional Paid-In Capital	33,686	33,686	28,973	28,509	28,742	28,851
Retained Earnings	25,632	26,050	24,505	20,482	18,032	14,406
Comprehensive Income & Other	4,606	4,672	5,321	5,374	5,378	5,519
Total Common Equity	70,510	71,229	65,053	60,543	58,330	54,954
Minority Interest	17,852	17,553	17,085	7,131	4,990	4,780
Shareholders' Equity	88,362	88,782	82,138	67,674	63,321	59,734
Total Liabilities & Equity	160,439	159,169	157,482	114,939	98,321	94,009
Total Debt	56,672	57,998	61,800	36,791	26,200	26,069
Net Cash (Debt)	-46,114	-48,748	-52,869	-32,416	-19,808	-19,271
Net Cash Per Share	-6.69	-6.96	-7.75	-4.71	-2.88	-2.82
Filing Date Shares Outstanding	6,802	6,820	6,820	6,178	6,178	6,178
Total Common Shares Outstanding	6,820	6,820	6,254	6,178	6,178	6,178
Working Capital	-2,905	-1,228	-2,738	2,356	1,895	-140.96
Book Value Per Share	9.56	9.66	9.55	8.94	8.58	8.89
Tangible Book Value	-13,084	-14,125	-26,990	8,988	20,740	15,746
Tangible Book Value Per Share	-2.70	-2.85	-5.17	0.59	2.49	2.55
Buildings	1,950	1,957	1,958	633.55	631.94	623.82
Machinery	2,486	2,481	2,326	1,973	1,854	1,762
Construction In Progress	638.91	508.19	306.26	1,492	62.1	556.27

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.