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	Sep 30, 2025	Dec 31, 2024	Jan 1, 2024	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	10,222	9,250	8,931	4,375	6,392	6,798
Cash & Short-Term Investments	10,222	9,250	8,931	4,375	6,392	6,798
Cash Growth	54.80%	3.57%	104.13%	-31.55%	-5.97%	2.17%
Accounts Receivable	4,308	4,256	4,161	3,675	3,430	3,066
Other Receivables	1,109	708.89	494.06	3,379	237.02	507.7
Receivables	5,416	4,965	4,655	7,054	3,689	3,573
Inventory	439.09	338.71	367.49	310.83	216.84	279.1
Prepaid Expenses	-	24.07	26.03	20.97	23.05	56
Other Current Assets	252.35	425.99	493.22	318.98	1,308	209.62
Total Current Assets	16,330	15,003	14,473	12,080	11,630	10,916
Property, Plant & Equipment	3,132	2,950	2,853	2,836	1,516	1,867
Long-Term Investments	57,190	54,168	46,759	46,841	42,957	38,256
Goodwill	-	-	18.97	18.97	18.97	18.97
Other Intangible Assets	82,615	85,354	92,024	51,537	37,572	39,188
Long-Term Accounts Receivable	764.76	741.97	87.48	85.16	101.1	140.99
Long-Term Deferred Tax Assets	168.11	133.87	160.06	93.22	74.6	88.72
Long-Term Deferred Charges	532.28	660.68	907.19	973.03	1,045	128.33
Other Long-Term Assets	151.32	157.52	198.6	474.63	3,407	3,405
Total Assets	160,882	159,169	157,482	114,939	98,321	94,009
Accounts Payable	2,233	2,520	2,240	2,066	1,992	1,873
Accrued Expenses	581.89	829.71	824.04	753.14	692.91	400
Short-Term Debt	2,591	2,623	2,745	2,345	1,905	2,745
Current Portion of Long-Term Debt	3,181	6,883	7,758	1,173	2,694	3,761
Current Portion of Leases	-	42.1	41.4	57.38	32.82	-
Current Income Taxes Payable	237.95	144.47	188.54	106.18	353.86	275.24
Current Unearned Revenue	1,202	1,256	1,156	1,001	1,102	957.54
Other Current Liabilities	1,937	1,932	2,259	2,223	961.4	1,045
Total Current Liabilities	11,962	16,231	17,211	9,724	9,735	11,057
Long-Term Debt	53,526	48,300	51,073	33,017	21,341	19,563
Long-Term Leases	179.94	149.92	183.52	199.67	226.93	-
Long-Term Unearned Revenue	121.13	125.13	150.98	161.75	184.76	209.87
Pension & Post-Retirement Benefits	313.25	322.68	285.97	246.35	22.97	-
Long-Term Deferred Tax Liabilities	4,903	4,984	6,268	3,612	3,224	3,371
Other Long-Term Liabilities	195.04	275.22	172.35	304.31	265.56	75.3
Total Liabilities	71,201	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	28,973	28,509	28,742	28,851
Retained Earnings	27,110	26,050	24,505	20,482	18,032	14,406
Comprehensive Income & Other	38,518	4,672	5,321	5,374	5,378	5,519
Total Common Equity	72,138	71,229	65,053	60,543	58,330	54,954
Minority Interest	17,543	17,553	17,085	7,131	4,990	4,780
Shareholders' Equity	89,681	88,782	82,138	67,674	63,321	59,734
Total Liabilities & Equity	160,882	159,169	157,482	114,939	98,321	94,009
Total Debt	59,477	57,998	61,800	36,791	26,200	26,069
Net Cash (Debt)	-49,255	-48,748	-52,869	-32,416	-19,808	-19,271
Net Cash Per Share	-7.04	-6.96	-7.75	-4.71	-2.88	-2.82
Filing Date Shares Outstanding	7,442	6,820	6,820	6,178	6,178	6,178
Total Common Shares Outstanding	7,442	6,820	6,254	6,178	6,178	6,178
Working Capital	4,367	-1,228	-2,738	2,356	1,895	-140.96
Book Value Per Share	8.98	9.66	9.55	8.94	8.58	8.89
Tangible Book Value	-10,477	-14,125	-26,990	8,988	20,740	15,746
Tangible Book Value Per Share	-2.12	-2.85	-5.17	0.59	2.49	2.55
Buildings	-	1,957	1,958	633.55	631.94	623.82
Machinery	-	2,481	2,326	1,973	1,854	1,762
Construction In Progress	-	508.19	306.26	1,492	62.1	556.27

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