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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Cash & Equivalents	2,058	2,990	2,635	1,700	1,444	1,079
Short-Term Investments	-	-	137.7	-	20	-
Trading Asset Securities	405.88	220.56	225.24	567.39	247.88	221.1
Cash & Short-Term Investments	2,463	3,211	2,998	2,268	1,712	1,300
Cash Growth	-21.46%	7.10%	32.19%	32.50%	31.67%	-22.43%
Accounts Receivable	1,398	1,187	1,223	1,497	1,197	1,100
Other Receivables	48.59	51.21	67.25	232.91	419.76	465.76
Receivables	1,446	1,238	1,290	1,730	1,616	1,566
Inventory	1,344	1,209	1,089	1,170	1,455	1,396
Other Current Assets	106.14	109.58	67.52	109.4	133.98	165.98
Total Current Assets	5,360	5,768	5,445	5,277	4,917	4,428
Property, Plant & Equipment	2,764	2,779	2,530	2,142	2,057	2,080
Long-Term Investments	82.2	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	147.07	151.15	154.71	160.45	164.58	170.35
Long-Term Deferred Tax Assets	88.82	73.84	64.44	57.76	40.18	30.92
Other Long-Term Assets	0.83	3.94	16.17	52.79	53.1	131.92
Total Assets	8,453	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Accounts Payable	1,448	1,800	1,483	1,650	1,688	1,823
Accrued Expenses	16.15	67.2	66.87	49.26	39.94	312.85
Short-Term Debt	252.82	214.76	161.46	130.06	538.57	130.04
Current Income Taxes Payable	19.69	30.15	34.13	47.92	14.26	6.82
Current Unearned Revenue	131.04	132.78	115.82	91.48	202.69	44.31
Other Current Liabilities	428.11	437.42	415.01	363.1	61.85	51.96
Total Current Liabilities	2,295	2,682	2,276	2,332	2,546	2,369
Long-Term Debt	-	-	-	-	-	141.38
Long-Term Unearned Revenue	92.93	119.22	99.96	-	-	37
Long-Term Deferred Tax Liabilities	75.81	60.73	66.04	53.62	50.73	36.53
Other Long-Term Liabilities	-	-	-	23.75	-	-
Total Liabilities	2,464	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Common Stock	900.7	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	3,814	3,843	3,557	3,175	2,551	2,151
Treasury Stock	-32.5	-42.89	-54.13	-59.81	-69.25	-117.01
Comprehensive Income & Other	43.86	43.58	45.63	41.1	38.62	24.85
Total Common Equity	5,986	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	5,988	6,004	5,852	5,410	4,739	4,386
Total Liabilities & Equity	8,453	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Total Debt	252.82	214.76	161.46	130.06	538.57	271.42
Net Cash (Debt)	2,211	2,996	2,836	2,138	1,173	1,028
Net Cash Growth	-20.58%	5.63%	32.68%	82.24%	14.06%	-25.55%
Net Cash Per Share	2.49	3.35	3.13	2.40	1.29	1.14
Filing Date Shares Outstanding	862.68	894.05	894.65	895.33	888.32	907.05
Total Common Shares Outstanding	862.68	894.05	894.65	895.33	888.32	907.05
Working Capital	3,064	3,086	3,169	2,945	2,372	2,059
Book Value Per Share	6.94	6.71	6.30	5.84	5.16	4.67
Tangible Book Value	5,830	5,841	5,474	5,059	4,405	4,060
Tangible Book Value Per Share	6.76	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: Oct 23, 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:

Nov 9, 2026

Data Sources Report a data error