China Express Airlines Co.,LTD (SHE:002928)

SHE:002928 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	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	2,477	1,659	1,920	1,789	1,391	1,489
Trading Asset Securities	0.02	0.02	0.02	0.03	-	-
Cash & Short-Term Investments	2,477	1,659	1,920	1,789	1,391	1,489
Cash Growth	26.38%	-13.60%	7.32%	28.67%	-6.60%	16.81%
Accounts Receivable	1,256	1,035	900.65	874.39	1,126	1,120
Other Receivables	1,890	1,765	697.92	1,046	979.99	762.34
Receivables	3,145	2,800	1,599	1,921	2,106	1,882
Inventory	279.37	236.17	193.61	172.43	139.55	112.79
Other Current Assets	966.17	484.81	363.87	244.91	290.64	291.11
Total Current Assets	6,868	5,181	4,076	4,127	3,927	3,775
Property, Plant & Equipment	15,127	13,817	12,321	11,845	11,169	6,629
Long-Term Investments	3.27	3.05	4.68	3.14	0.38	0.29
Other Intangible Assets	94.7	101.06	177.92	187.08	181.84	186.18
Long-Term Deferred Tax Assets	480.01	570.88	644.26	477.24	91.23	33.94
Long-Term Deferred Charges	1,117	1,025	954.82	847.59	837.62	851.83
Other Long-Term Assets	0.16	0.19	0.23	8.11	-	30.79
Total Assets	23,690	20,698	18,179	17,496	16,207	11,508
Accounts Payable	1,412	735.75	570.72	546.78	454.64	478.76
Accrued Expenses	3.73	210.12	82.99	69.42	81.08	232.58
Short-Term Debt	3,265	2,579	2,077	2,187	2,523	1,301
Current Portion of Long-Term Debt	2,798	494.44	1,462	474.46	327.09	-
Current Portion of Leases	-	1,521	1,008	1,035	907.72	-
Current Income Taxes Payable	92.63	3.32	9.2	12.21	12.98	86.29
Current Unearned Revenue	195.14	157.15	66.19	36.11	59.35	131.01
Other Current Liabilities	946.8	569.54	475.4	346.22	328.17	1,065
Total Current Liabilities	8,713	6,271	5,752	4,707	4,694	3,295
Long-Term Debt	1,919	1,939	1,783	1,543	1,630	829.98
Long-Term Leases	8,793	8,463	7,280	6,951	6,078	-
Long-Term Unearned Revenue	18.15	42.95	68.88	60.41	55.99	182.57
Long-Term Deferred Tax Liabilities	0.01	0.01	0.02	-	0.49	0.79
Other Long-Term Liabilities	257.65	623.97	207.74	181.62	130.33	3,262
Total Liabilities	19,700	17,340	15,092	13,443	12,589	7,570
Common Stock	1,278	1,278	1,278	1,278	1,014	1,014
Additional Paid-In Capital	3,273	3,261	3,296	3,296	1,151	1,151
Retained Earnings	-548.42	-1,168	-1,436	-471.26	1,503	1,771
Treasury Stock	-13.06	-13.06	-50.05	-50.05	-50.05	-
Comprehensive Income & Other	-	-	-	-	1.23	2.36
Total Common Equity	3,990	3,358	3,088	4,052	3,618	3,937
Shareholders' Equity	3,990	3,358	3,088	4,052	3,618	3,937
Total Liabilities & Equity	23,690	20,698	18,179	17,496	16,207	11,508
Total Debt	16,774	14,997	13,610	12,191	11,466	2,131
Net Cash (Debt)	-14,297	-13,338	-11,690	-10,401	-10,075	-642.14
Net Cash Per Share	-11.15	-10.43	-9.18	-10.09	-9.94	-0.63
Filing Date Shares Outstanding	1,274	1,274	1,274	1,274	1,009	1,014
Total Common Shares Outstanding	1,274	1,274	1,274	1,274	1,009	1,014
Working Capital	-1,845	-1,090	-1,676	-579.71	-767.65	480.33
Book Value Per Share	3.13	2.64	2.42	3.18	3.59	3.88
Tangible Book Value	3,895	3,257	2,910	3,865	3,436	3,751
Tangible Book Value Per Share	3.06	2.56	2.28	3.03	3.41	3.70
Buildings	-	360.06	647.58	646.95	454.14	-
Machinery	-	2,698	2,737	2,298	1,874	-
Construction In Progress	-	1,091	944.48	1,200	1,965	-

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