Hainan Strait Shipping Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	1,283	1,831	1,647	1,438	684.54	1,863
Cash & Short-Term Investments	1,283	1,831	1,647	1,438	684.54	1,863
Cash Growth	-23.52%	11.22%	14.51%	110.08%	-63.27%	14.94%
Accounts Receivable	245.92	139.17	60.77	18.16	10.5	26.92
Other Receivables	100.38	53.35	99.32	34.55	35.22	23.63
Receivables	346.3	192.52	160.09	52.72	45.71	50.54
Inventory	104.9	55	54.41	52.96	31.63	10.8
Other Current Assets	228.3	110.84	162.81	313.22	490.65	11.22
Total Current Assets	1,963	2,190	2,024	1,857	1,253	1,936
Property, Plant & Equipment	7,193	5,059	5,249	5,294	5,235	2,046
Long-Term Investments	181.01	30.27	6.73	4.8	40.42	204.74
Goodwill	3.69	-	-	-	-	-
Other Intangible Assets	360.11	362.77	370.71	380.14	395.91	42.3
Long-Term Deferred Tax Assets	110.71	105.06	96.66	73.27	67.64	9.29
Long-Term Deferred Charges	11.98	13.36	11.72	3.64	1.98	-
Other Long-Term Assets	11.19	9.03	6.38	0.63	1.34	1.68
Total Assets	9,834	7,769	7,766	7,613	6,995	4,240
Accounts Payable	266.85	199.49	282.98	287.83	178.27	66.45
Accrued Expenses	323.73	226.67	317.59	98.54	246.75	89.43
Current Portion of Long-Term Debt	92.87	17	8.5	-	-	-
Current Portion of Leases	-	112.93	71.1	17.8	10.33	-
Current Income Taxes Payable	102.45	60.36	71.33	48.11	29.49	23.37
Current Unearned Revenue	39.3	9.82	7.39	7.49	5.28	18.25
Other Current Liabilities	204.08	63.91	43.9	119.3	111.11	23.6
Total Current Liabilities	1,029	690.18	802.78	579.07	581.22	221.1
Long-Term Debt	2,295	406.32	423.32	431.82	-	-
Long-Term Leases	70.81	78.86	102.86	28.77	8.98	-
Long-Term Unearned Revenue	284.58	138.51	143.04	144.94	145.14	20.78
Long-Term Deferred Tax Liabilities	59.86	43.41	28.31	33.78	33.75	25.9
Other Long-Term Liabilities	10.96	5.13	4.73	4.77	4.81	-
Total Liabilities	3,750	1,362	1,505	1,223	773.9	267.78
Common Stock	2,234	2,229	2,229	2,229	2,229	1,486
Additional Paid-In Capital	238.83	316.74	307.01	297.65	297.65	1,041
Retained Earnings	1,537	1,737	1,739	1,406	1,427	1,295
Comprehensive Income & Other	15.63	3.04	6.25	4.92	26.09	150.92
Total Common Equity	4,026	4,286	4,281	3,937	3,979	3,972
Minority Interest	2,058	2,120	1,979	2,453	2,242	-
Shareholders' Equity	6,084	6,406	6,261	6,390	6,221	3,972
Total Liabilities & Equity	9,834	7,769	7,766	7,613	6,995	4,240
Total Debt	2,459	615.1	605.77	478.38	19.31	-
Net Cash (Debt)	-1,175	1,216	1,041	959.72	665.23	1,863
Net Cash Growth	-	16.85%	8.46%	44.27%	-64.30%	16.70%
Net Cash Per Share	-0.53	0.55	0.47	0.43	0.30	0.84
Filing Date Shares Outstanding	2,234	2,229	2,229	2,229	2,229	2,229
Total Common Shares Outstanding	2,234	2,229	2,229	2,229	2,229	2,229
Working Capital	933.37	1,500	1,221	1,278	671.3	1,715
Book Value Per Share	1.80	1.92	1.92	1.77	1.79	1.78
Tangible Book Value	3,662	3,923	3,911	3,557	3,584	3,930
Tangible Book Value Per Share	1.64	1.76	1.75	1.60	1.61	1.76
Buildings	-	13.92	14.29	14.6	26.37	61.7
Machinery	-	4,144	3,994	3,974	4,007	1,963
Construction In Progress	-	5.42	0.37	918.54	502.09	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.