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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	4,483	12,312	2,598	3,955	5,117	6,471
Short-Term Investments	-	2,535	1,872	1,228	1,200	1,378
Cash & Short-Term Investments	4,483	14,847	4,470	5,183	6,317	7,849
Cash Growth	0.29%	232.15%	-13.76%	-17.95%	-19.52%	29.95%
Accounts Receivable	97,087	81,840	79,436	64,837	36,493	28,988
Other Receivables	7,185	1,072	939	980	869	6,222
Receivables	104,272	82,912	80,375	65,817	37,362	35,210
Inventory	2.46	-	-	-	-	-
Other Current Assets	3,726	6,310	6,515	7,083	6,027	5,285
Total Current Assets	112,483	104,069	91,360	78,083	49,706	48,344
Property, Plant & Equipment	209,541	227,648	237,735	244,938	253,294	269,005
Other Intangible Assets	2,841	-	-	-	-	-
Long-Term Deferred Tax Assets	3,150	3,052	2,618	2,208	1,930	1,892
Long-Term Deferred Charges	15,386	-	-	-	-	-
Other Long-Term Assets	207.08	1,810	1,121	778	630	4,018
Total Assets	343,610	336,579	332,834	326,007	305,560	323,259
Accounts Payable	35,797	34,545	33,269	28,286	26,646	25,264
Accrued Expenses	1,084	1,595	1,319	1,132	1,362	2,563
Short-Term Debt	2.82	2	7,740	10,092	6,205	32,989
Current Portion of Long-Term Debt	33,278	31,407	20,785	13,694	19,392	4,153
Current Portion of Leases	-	7,376	7,378	6,864	7,127	6,913
Current Income Taxes Payable	738.66	417	347	173	278	521
Current Unearned Revenue	4,312	4,392	3,987	2,535	2,264	1,388
Other Current Liabilities	1,691	831	974	1,158	1,884	2,391
Total Current Liabilities	76,903	80,565	75,799	63,934	65,158	76,182
Long-Term Debt	42,369	36,025	41,084	49,329	31,448	41,572
Long-Term Leases	16,030	15,650	15,555	14,647	14,947	15,677
Long-Term Unearned Revenue	377.22	395	380	368	376	436
Pension & Post-Retirement Benefits	35.74	36	37	35	40	38
Total Liabilities	135,715	132,671	132,855	128,313	111,969	133,905
Common Stock	17,601	17,601	176,008	176,008	176,008	176,008
Additional Paid-In Capital	162,102	162,101	3,694	3,694	3,694	3,694
Retained Earnings	30,144	26,164	22,234	19,947	15,844	11,607
Comprehensive Income & Other	-0.59	-1,960	-1,958	-1,955	-1,955	-1,955
Total Common Equity	207,892	203,906	199,978	197,694	193,591	189,354
Minority Interest	2.34	2	1	-	-	-
Shareholders' Equity	207,895	203,908	199,979	197,694	193,591	189,354
Total Liabilities & Equity	343,610	336,579	332,834	326,007	305,560	323,259
Total Debt	91,680	90,460	92,542	94,626	79,119	101,304
Net Cash (Debt)	-87,197	-75,613	-88,072	-89,443	-72,802	-93,455
Net Cash Per Share	-4.99	-4.33	-5.04	-5.12	-4.16	-5.35
Filing Date Shares Outstanding	17,481	17,481	17,481	17,481	17,601	17,601
Total Common Shares Outstanding	17,481	17,481	17,481	17,481	17,601	17,601
Working Capital	35,580	23,504	15,561	14,149	-15,452	-27,838
Book Value Per Share	11.89	11.66	11.44	11.31	11.00	10.76
Tangible Book Value	205,051	203,906	199,978	197,694	193,591	189,354
Tangible Book Value Per Share	11.73	11.66	11.44	11.31	11.00	10.76
Buildings	-	15,405	13,180	12,449	11,415	8,947
Machinery	-	483,286	465,035	443,568	425,081	406,500
Construction In Progress	-	11,676	12,718	12,313	12,339	14,709

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