China Tower Corporation 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	-	2,598	3,955	5,117	6,471	5,042
Short-Term Investments	-	1,872	1,228	1,200	1,378	998
Cash & Short-Term Investments	10,965	4,470	5,183	6,317	7,849	6,040
Cash Growth	102.38%	-13.76%	-17.95%	-19.52%	29.95%	-13.48%
Accounts Receivable	-	79,436	64,837	36,493	28,988	24,635
Other Receivables	-	939	980	869	6,222	5,611
Receivables	-	80,375	65,817	37,362	35,210	30,246
Other Current Assets	-	6,515	7,083	6,027	5,285	6,918
Total Current Assets	-	91,360	78,083	49,706	48,344	43,204
Property, Plant & Equipment	-	237,735	244,938	253,294	269,005	286,422
Long-Term Deferred Tax Assets	-	2,618	2,208	1,930	1,892	1,457
Other Long-Term Assets	-	1,121	778	630	4,018	6,297
Total Assets	-	332,834	326,007	305,560	323,259	337,380
Accounts Payable	-	33,269	28,286	26,646	25,264	31,460
Accrued Expenses	-	1,319	1,132	1,362	2,563	2,084
Short-Term Debt	-	7,740	10,092	6,205	32,989	59,818
Current Portion of Long-Term Debt	-	20,785	13,694	19,392	4,153	2,181
Current Portion of Leases	-	7,378	6,864	7,127	6,913	7,006
Current Income Taxes Payable	-	347	173	278	521	418
Current Unearned Revenue	-	3,987	2,535	2,264	1,388	834
Other Current Liabilities	-	974	1,158	1,884	2,391	2,834
Total Current Liabilities	-	75,799	63,934	65,158	76,182	106,635
Long-Term Debt	-	41,084	49,329	31,448	41,572	27,121
Long-Term Leases	-	15,555	14,647	14,947	15,677	16,745
Long-Term Unearned Revenue	-	380	368	376	436	602
Pension & Post-Retirement Benefits	-	37	35	40	38	31
Total Liabilities	-	132,855	128,313	111,969	133,905	151,134
Common Stock	-	176,008	176,008	176,008	176,008	176,008
Additional Paid-In Capital	-	3,694	3,694	3,694	3,694	3,694
Retained Earnings	-	22,234	19,947	15,844	11,607	8,212
Comprehensive Income & Other	-	-1,958	-1,955	-1,955	-1,955	-1,669
Total Common Equity	200,351	199,978	197,694	193,591	189,354	186,245
Minority Interest	-	1	-	-	-	1
Shareholders' Equity	200,353	199,979	197,694	193,591	189,354	186,246
Total Liabilities & Equity	-	332,834	326,007	305,560	323,259	337,380
Total Debt	92,639	92,542	94,626	79,119	101,304	112,871
Net Cash (Debt)	-81,674	-88,072	-89,443	-72,802	-93,455	-106,831
Net Cash Per Share	-4.67	-5.04	-5.12	-4.16	-5.35	-6.11
Filing Date Shares Outstanding	17,481	17,481	17,481	17,601	17,601	17,601
Total Common Shares Outstanding	17,481	17,481	17,481	17,601	17,601	17,601
Working Capital	-	15,561	14,149	-15,452	-27,838	-63,431
Book Value Per Share	11.46	11.44	11.31	11.00	10.76	10.58
Tangible Book Value	200,351	199,978	197,694	193,591	189,354	186,245
Tangible Book Value Per Share	11.46	11.44	11.31	11.00	10.76	10.58
Buildings	-	13,180	12,449	11,415	8,947	7,729
Machinery	-	465,035	443,568	425,081	406,500	383,533
Construction In Progress	-	12,718	12,313	12,339	14,709	20,185

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