Jiangsu Changbao Steeltube Co.,Ltd (SHE:002478)

SHE:002478 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	Jan 1, 2023	Dec 31, 2021
Cash & Equivalents	2,379	2,990	2,635	1,700	1,444	1,079
Short-Term Investments	-	-	137.7	-	20	-
Trading Asset Securities	305.61	220.56	225.24	567.39	247.88	221.1
Cash & Short-Term Investments	2,685	3,211	2,998	2,268	1,712	1,300
Cash Growth	-7.72%	7.10%	32.19%	32.50%	31.67%	-22.43%
Accounts Receivable	1,427	1,187	1,223	1,497	1,197	1,100
Other Receivables	42.95	51.21	67.25	232.91	419.76	465.76
Receivables	1,470	1,238	1,290	1,730	1,616	1,566
Inventory	1,336	1,209	1,089	1,170	1,455	1,396
Other Current Assets	101.5	109.58	67.52	109.4	133.98	165.98
Total Current Assets	5,592	5,768	5,445	5,277	4,917	4,428
Property, Plant & Equipment	2,772	2,779	2,530	2,142	2,057	2,080
Long-Term Investments	77.88	80.57	74.01	119.89	93.58	119.86
Goodwill	9.6	9.6	9.6	9.6	9.6	9.6
Other Intangible Assets	148.46	151.15	154.71	160.45	164.58	170.35
Long-Term Deferred Tax Assets	86.69	73.84	64.44	57.76	40.18	30.92
Other Long-Term Assets	1.78	3.94	16.17	52.79	53.1	131.92
Total Assets	8,688	8,866	8,294	7,819	7,335	6,971

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	Jan 1, 2023	Dec 31, 2021
Accounts Payable	1,740	1,800	1,483	1,650	1,688	1,823
Accrued Expenses	8.84	67.2	66.87	49.26	39.94	312.85
Short-Term Debt	275.76	214.76	161.46	130.06	538.57	130.04
Current Income Taxes Payable	26.61	30.15	34.13	47.92	14.26	6.82
Current Unearned Revenue	150.57	132.78	115.82	91.48	202.69	44.31
Other Current Liabilities	343.69	437.42	415.01	363.1	61.85	51.96
Total Current Liabilities	2,546	2,682	2,276	2,332	2,546	2,369
Long-Term Debt	-	-	-	-	-	141.38
Long-Term Unearned Revenue	-	119.22	99.96	-	-	37
Long-Term Deferred Tax Liabilities	60.81	60.73	66.04	53.62	50.73	36.53
Other Long-Term Liabilities	122.93	-	-	23.75	-	-
Total Liabilities	2,729	2,862	2,442	2,409	2,596	2,584

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	Jan 1, 2023	Dec 31, 2021
Common Stock	900.8	900.8	901.35	901.41	894.35	919.83
Additional Paid-In Capital	1,260	1,258	1,189	1,171	1,165	1,261
Retained Earnings	3,798	3,843	3,557	3,175	2,551	2,151
Treasury Stock	-42.26	-42.89	-54.13	-59.81	-69.25	-117.01
Comprehensive Income & Other	40.34	43.58	45.63	41.1	38.62	24.85
Total Common Equity	5,957	6,002	5,639	5,229	4,579	4,240
Minority Interest	2.09	2.06	213.44	181.83	159.56	146.51
Shareholders' Equity	5,959	6,004	5,852	5,410	4,739	4,386
Total Liabilities & Equity	8,688	8,866	8,294	7,819	7,335	6,971

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	Jan 1, 2023	Dec 31, 2021
Total Debt	275.76	214.76	161.46	130.06	538.57	271.42
Net Cash (Debt)	2,409	2,996	2,836	2,138	1,173	1,028
Net Cash Growth	-3.77%	5.63%	32.68%	82.24%	14.06%	-25.55%
Net Cash Per Share	2.71	3.35	3.13	2.40	1.29	1.14
Filing Date Shares Outstanding	834.99	894.05	894.65	895.33	888.32	907.05
Total Common Shares Outstanding	834.99	894.05	894.65	895.33	888.32	907.05
Working Capital	3,046	3,086	3,169	2,945	2,372	2,059
Book Value Per Share	7.13	6.71	6.30	5.84	5.16	4.67
Tangible Book Value	5,799	5,841	5,474	5,059	4,405	4,060
Tangible Book Value Per Share	6.94	6.53	6.12	5.65	4.96	4.48
Buildings	-	897.11	811.25	760.64	2,607	688.95
Machinery	-	3,202	2,858	2,755	817.14	2,520
Construction In Progress	-	516.54	494.81	80.72	79.57	259.34

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 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 3, 2026

Data Sources Report a data error