HKG:0902 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	19,456	19,932	16,850	17,176	16,350
Trading Asset Securities	-	-	2.26	6.69	-
Accounts Receivable	48,404	49,171	48,152	43,485	44,496
Other Receivables	3,466	3,502	3,036	2,733	3,527
Inventory	11,004	13,444	11,899	12,702	16,824
Other Current Assets	9,140	10,250	10,805	10,619	11,273
Total Current Assets	91,469	96,300	90,744	86,722	92,471
Property, Plant & Equipment	437,100	410,389	374,417	339,849	324,456
Goodwill	11,886	11,523	11,644	11,519	11,235
Other Intangible Assets	20,137	18,211	15,682	14,699	14,189
Long-Term Investments	25,872	25,236	23,328	24,607	23,681
Long-Term Deferred Tax Assets	2,810	3,256	4,402	6,322	5,504
Long-Term Deferred Charges	415.38	324.98	309.52	264.95	267.99
Other Long-Term Assets	22,100	21,603	20,632	18,623	18,543
Total Assets	611,790	586,843	541,159	502,606	490,347
Accounts Payable	21,295	19,175	22,563	24,368	25,774
Accrued Expenses	2,600	2,302	2,264	2,246	2,656
Short-Term Debt	73,462	69,183	63,343	89,886	100,119
Current Portion of Long-Term Debt	31,336	40,401	32,906	19,860	24,406
Current Unearned Revenue	3,726	3,529	3,380	3,349	3,275
Current Portion of Leases	611.78	643.43	1,268	1,009	781.47
Current Income Taxes Payable	984.1	872.06	940.31	331.93	227.88
Other Current Liabilities	40,765	42,633	37,335	30,283	29,159
Total Current Liabilities	174,781	178,738	163,999	171,333	186,398
Long-Term Debt	207,067	189,087	190,416	190,743	166,348
Long-Term Leases	7,940	6,684	6,233	5,408	6,105
Long-Term Unearned Revenue	1,552	1,455	1,961	2,112	2,587
Pension & Post-Retirement Benefits	-	-	-	-	44.24
Long-Term Deferred Tax Liabilities	1,703	1,712	1,284	1,087	900.88
Other Long-Term Liabilities	6,228	6,120	5,903	5,379	3,794
Total Liabilities	399,272	383,795	369,797	376,062	366,176
Common Stock	15,698	15,698	15,698	15,698	15,698
Additional Paid-In Capital	16,698	16,520	16,501	16,608	17,643
Retained Earnings	32,193	24,796	20,424	14,889	24,479
Comprehensive Income & Other	77,879	80,401	79,516	61,340	47,715
Total Common Equity	142,469	137,415	132,139	108,535	105,535
Minority Interest	70,049	65,633	39,224	18,009	18,635
Shareholders' Equity	212,518	203,048	171,363	126,544	124,170
Total Liabilities & Equity	611,790	586,843	541,159	502,606	490,347
Total Debt	320,417	305,998	294,166	306,906	297,759
Net Cash (Debt)	-300,962	-286,065	-277,314	-289,724	-281,409
Net Cash Per Share	-19.17	-18.22	-17.67	-18.46	-17.93
Filing Date Shares Outstanding	15,698	15,698	15,698	15,698	15,698
Total Common Shares Outstanding	15,698	15,698	15,698	15,698	15,698
Working Capital	-83,312	-82,438	-73,255	-84,611	-93,927
Book Value Per Share	4.14	3.65	3.35	2.96	3.64
Tangible Book Value	110,446	107,680	104,813	82,317	80,111
Tangible Book Value Per Share	2.10	1.75	1.60	1.29	2.02
Buildings	15,472	15,243	14,633	15,505	14,995
Construction In Progress	67,140	71,844	57,790	43,128	50,120

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