HKG:0991 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	9,366	9,267	7,734	9,044	10,142	11,274
Accounts Receivable	20,882	20,830	21,385	19,669	18,657	18,972
Other Receivables	1,382	1,809	1,707	1,327	2,248	2,285
Inventory	3,168	4,315	4,825	3,635	4,283	6,245
Loans Receivable Current	-	30.79	836.84	640.92	183.63	117.7
Other Current Assets	7,683	7,039	6,943	6,009	7,576	6,766
Total Current Assets	42,481	43,292	43,432	40,325	43,089	45,659
Property, Plant & Equipment	241,877	243,922	236,844	221,887	217,928	213,137
Goodwill	1,022	1,022	642.8	762.98	762.98	762.98
Other Intangible Assets	5,168	5,218	4,417	4,454	4,460	4,165
Long-Term Investments	26,747	26,611	26,066	25,622	26,039	22,756
Long-Term Deferred Tax Assets	2,154	2,242	2,870	2,997	4,380	4,195
Long-Term Deferred Charges	828.31	854.81	855.03	885.27	870.35	210.93
Other Long-Term Assets	11,073	10,365	7,476	7,309	7,603	5,632
Total Assets	331,351	333,527	322,602	304,242	305,132	296,518
Accounts Payable	21,870	11,335	10,786	11,124	17,805	17,567
Accrued Expenses	240.91	1,574	955.58	1,015	1,105	1,344
Short-Term Debt	49,733	46,134	41,855	29,020	42,440	45,607
Current Portion of Long-Term Debt	19,588	22,086	22,378	26,815	20,167	11,979
Current Unearned Revenue	301.27	1,942	1,880	1,723	1,481	1,789
Current Portion of Leases	-	3,525	5,273	4,666	4,022	3,582
Current Income Taxes Payable	2,016	360.87	303.03	279.57	285.9	250.73
Other Current Liabilities	4,607	16,789	17,453	16,632	15,123	13,996
Total Current Liabilities	98,357	103,746	100,883	91,274	102,429	96,116
Long-Term Debt	121,355	120,819	121,093	115,330	115,207	111,988
Long-Term Leases	6,666	7,160	5,232	6,560	8,603	9,316
Long-Term Unearned Revenue	1,081	1,115	1,239	1,719	1,828	1,968
Pension & Post-Retirement Benefits	-	-	-	-	8.41	10.85
Long-Term Deferred Tax Liabilities	914.12	921.69	639.84	778.78	741.84	656.46
Other Long-Term Liabilities	189.77	191.94	30.97	14.71	11.02	23.6
Total Liabilities	228,563	233,954	229,118	215,676	228,828	220,079
Common Stock	18,507	18,507	18,507	18,507	18,507	18,507
Additional Paid-In Capital	6,137	6,137	6,116	6,220	6,112	6,382
Retained Earnings	11,828	9,231	5,559	2,706	3,107	4,893
Comprehensive Income & Other	46,407	46,476	46,379	46,256	34,883	32,624
Total Common Equity	82,879	80,351	76,561	73,689	62,609	62,406
Minority Interest	19,909	19,223	16,923	14,877	13,695	14,033
Shareholders' Equity	102,788	99,573	93,484	88,566	76,304	76,439
Total Liabilities & Equity	331,351	333,527	322,602	304,242	305,132	296,518
Total Debt	197,342	199,724	195,831	182,391	190,439	182,472
Net Cash (Debt)	-187,976	-190,457	-188,097	-173,347	-180,297	-171,199
Net Cash Per Share	-10.40	-10.29	-10.17	-9.37	-9.74	-10.71
Filing Date Shares Outstanding	18,507	18,507	18,507	18,507	18,507	18,507
Total Common Shares Outstanding	18,507	18,507	18,507	18,507	18,507	18,507
Working Capital	-55,877	-60,454	-57,452	-50,949	-59,340	-50,457
Book Value Per Share	1.99	1.84	1.64	1.48	1.50	1.60
Tangible Book Value	76,689	74,111	71,501	68,472	57,386	57,478
Tangible Book Value Per Share	1.66	1.50	1.36	1.20	1.22	1.33
Buildings	-	140,388	137,102	133,453	134,110	131,888
Machinery	-	293,529	266,660	246,389	238,955	228,146
Construction In Progress	-	21,583	29,546	26,416	24,857	23,525

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