China Merchants Expressway Network & Technology Holdings Co.,Ltd. (SHE:001965)
China · Delayed Price · Currency is CNY 10.11
-0.59 (-5.51%)
Jul 31, 2026, 3:06 PM CST
SHE:001965 Balance Sheet
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Jan '24 Jan 1, 2024 | Jan '23 Jan 1, 2023 | Jan '22 Jan 1, 2022 |
Cash & Equivalents | 10,300 | 10,074 | 9,250 | 8,931 | 4,375 | 6,392 |
Cash & Short-Term Investments | 10,300 | 10,074 | 9,250 | 8,931 | 4,375 | 6,392 |
Cash Growth | 9.75% | 8.91% | 3.57% | 104.13% | -31.55% | -5.97% |
Accounts Receivable | 4,219 | 4,104 | 4,256 | 4,161 | 3,675 | 3,430 |
Other Receivables | 1,068 | 722.72 | 708.89 | 494.06 | 3,379 | 237.02 |
Receivables | 5,286 | 4,826 | 4,965 | 4,655 | 7,054 | 3,689 |
Inventory | 306.1 | 266.42 | 338.71 | 367.49 | 310.83 | 216.84 |
Prepaid Expenses | - | 51.62 | 24.07 | 26.03 | 20.97 | 23.05 |
Other Current Assets | 387.33 | 441.39 | 425.99 | 493.22 | 318.98 | 1,308 |
Total Current Assets | 16,280 | 15,660 | 15,003 | 14,473 | 12,080 | 11,630 |
Property, Plant & Equipment | 2,765 | 2,710 | 2,950 | 2,853 | 2,836 | 1,516 |
Long-Term Investments | 59,947 | 59,105 | 54,168 | 46,759 | 46,841 | 42,957 |
Goodwill | - | - | - | 18.97 | 18.97 | 18.97 |
Other Intangible Assets | 82,867 | 83,119 | 85,354 | 92,024 | 51,537 | 37,572 |
Long-Term Accounts Receivable | - | 130.57 | 138.74 | 87.48 | 85.16 | 101.1 |
Long-Term Deferred Tax Assets | 171.84 | 164.89 | 133.87 | 160.06 | 93.22 | 74.6 |
Long-Term Deferred Charges | 424.28 | 463.61 | 660.68 | 907.19 | 973.03 | 1,045 |
Other Long-Term Assets | 1,174 | 1,067 | 760.75 | 198.6 | 474.63 | 3,407 |
Total Assets | 163,629 | 162,418 | 159,169 | 157,482 | 114,939 | 98,321 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Jan '24 Jan 1, 2024 | Jan '23 Jan 1, 2023 | Jan '22 Jan 1, 2022 |
Accounts Payable | 3,368 | 3,250 | 2,520 | 2,240 | 2,066 | 1,992 |
Accrued Expenses | 546.06 | 912.68 | 829.71 | 824.04 | 753.14 | 692.91 |
Short-Term Debt | 2,394 | 2,473 | 2,623 | 2,745 | 2,345 | 1,905 |
Current Portion of Long-Term Debt | 5,590 | 4,764 | 6,883 | 7,758 | 1,173 | 2,694 |
Current Portion of Leases | - | 43.45 | 42.1 | 41.4 | 57.38 | 32.82 |
Current Income Taxes Payable | 264.91 | 163.37 | 144.47 | 188.54 | 106.18 | 353.86 |
Current Unearned Revenue | 1,140 | 1,121 | 1,256 | 1,156 | 1,001 | 1,102 |
Other Current Liabilities | 1,848 | 1,861 | 1,932 | 2,259 | 2,223 | 961.4 |
Total Current Liabilities | 15,151 | 14,589 | 16,231 | 17,211 | 9,724 | 9,735 |
Long-Term Debt | 47,728 | 48,440 | 47,849 | 51,073 | 33,017 | 21,341 |
Long-Term Leases | 112.67 | 715.88 | 149.92 | 183.52 | 199.67 | 226.93 |
Long-Term Unearned Revenue | 133.97 | 135.36 | 125.13 | 150.98 | 161.75 | 184.76 |
Pension & Post-Retirement Benefits | 312.83 | 317.79 | 322.68 | 285.97 | 246.35 | 22.97 |
Long-Term Deferred Tax Liabilities | 4,864 | 4,894 | 4,984 | 6,268 | 3,612 | 3,224 |
Other Long-Term Liabilities | 2,324 | 1,694 | 726.06 | 172.35 | 304.31 | 265.56 |
Total Liabilities | 70,626 | 70,787 | 70,388 | 75,344 | 47,264 | 35,000 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Jan '24 Jan 1, 2024 | Jan '23 Jan 1, 2023 | Jan '22 Jan 1, 2022 |
Common Stock | 6,795 | 6,795 | 6,820 | 6,254 | 6,178 | 6,178 |
Additional Paid-In Capital | 34,654 | 34,654 | 33,686 | 28,973 | 28,509 | 28,742 |
Retained Earnings | 28,997 | 27,676 | 26,050 | 24,505 | 20,482 | 18,032 |
Comprehensive Income & Other | 5,003 | 5,153 | 4,672 | 5,321 | 5,374 | 5,378 |
Total Common Equity | 75,449 | 74,278 | 71,229 | 65,053 | 60,543 | 58,330 |
Minority Interest | 17,553 | 17,354 | 17,553 | 17,085 | 7,131 | 4,990 |
Shareholders' Equity | 93,003 | 91,631 | 88,782 | 82,138 | 67,674 | 63,321 |
Total Liabilities & Equity | 163,629 | 162,418 | 159,169 | 157,482 | 114,939 | 98,321 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Jan '24 Jan 1, 2024 | Jan '23 Jan 1, 2023 | Jan '22 Jan 1, 2022 |
Total Debt | 55,824 | 56,437 | 57,547 | 61,800 | 36,791 | 26,200 |
Net Cash (Debt) | -45,525 | -46,363 | -48,297 | -52,869 | -32,416 | -19,808 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -6.49 | -6.59 | -6.90 | -7.75 | -4.71 | -2.88 |
Filing Date Shares Outstanding | 6,795 | 6,795 | 6,820 | 6,820 | 6,178 | 6,178 |
Total Common Shares Outstanding | 6,795 | 6,795 | 6,820 | 6,254 | 6,178 | 6,178 |
Working Capital | 1,129 | 1,070 | -1,228 | -2,738 | 2,356 | 1,895 |
Book Value Per Share | 10.32 | 10.15 | 9.66 | 9.55 | 8.94 | 8.58 |
Tangible Book Value | -7,418 | -8,841 | -14,125 | -26,990 | 8,988 | 20,740 |
Tangible Book Value Per Share | -1.88 | -2.08 | -2.85 | -5.17 | 0.59 | 2.49 |
Buildings | - | 1,873 | 1,957 | 1,958 | 633.55 | 631.94 |
Machinery | - | 2,558 | 2,481 | 2,326 | 1,973 | 1,854 |
Construction In Progress | - | 446.11 | 508.19 | 306.26 | 1,492 | 62.1 |