HKG:1798 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	2,815	2,411	1,944	3,056	2,441	3,120
Short-Term Investments	-	-	-	17	-	18
Accounts Receivable	22,920	21,813	21,588	17,800	14,476	16,478
Other Receivables	343.26	959.65	983.03	1,186	1,606	1,371
Inventory	83.69	83.49	107.9	110.84	122.86	124.23
Prepaid Expenses	-	87.2	46.74	29.84	16.44	23.24
Restricted Cash	-	114.58	65.64	46.57	25.47	35.49
Other Current Assets	890.11	211.96	211.97	261.33	225.83	227.29
Total Current Assets	27,052	25,681	24,948	22,508	18,913	21,397
Property, Plant & Equipment	79,891	82,522	84,479	75,018	74,997	74,132
Goodwill	58.05	58.06	58.06	58.06	58.06	58.06
Other Intangible Assets	1,360	358.21	410.71	301.78	293.3	324.55
Long-Term Investments	1,452	1,437	1,073	1,039	1,055	1,043
Long-Term Deferred Tax Assets	186.92	188.67	128.99	67.37	27.19	27.66
Long-Term Deferred Charges	154.33	-	-	51.84	53.94	-
Long-Term Accounts Receivable	-	-	8.3	8.3	12.97	18.68
Other Long-Term Assets	5,496	4,941	4,438	2,493	2,137	2,302
Total Assets	115,651	115,185	115,545	101,545	97,548	99,303
Accounts Payable	5,331	189.21	225.09	197.91	279.44	369.96
Accrued Expenses	334.56	234.92	162.25	151.55	167.47	126.11
Short-Term Debt	2,585	6,103	10,434	3,105	2,545	-
Current Portion of Long-Term Debt	-	10,946	12,111	7,634	5,782	12,380
Current Unearned Revenue	5.76	10.37	1.7	1.33	1.35	2.98
Current Portion of Leases	-	151.21	195.87	286.15	422.5	162.31
Current Income Taxes Payable	-	122.43	149.01	162.89	188.94	105.29
Other Current Liabilities	16,311	7,415	8,788	7,507	7,739	9,193
Total Current Liabilities	24,566	25,172	32,066	19,045	17,124	22,339
Long-Term Debt	49,711	51,484	44,395	44,824	44,038	42,941
Long-Term Leases	408.15	817.77	1,263	1,504	1,907	2,474
Long-Term Unearned Revenue	7.54	11.62	12.12	12.77	13.41	13.91
Long-Term Deferred Tax Liabilities	46.86	47.96	48.66	17.61	17.9	17.62
Other Long-Term Liabilities	2,734	65.6	186.09	183.8	177.32	171.61
Total Liabilities	77,473	77,599	77,970	65,587	63,278	67,957
Common Stock	7,274	7,274	7,274	7,274	7,274	7,274
Additional Paid-In Capital	569.26	2,081	2,081	2,081	2,081	2,081
Retained Earnings	12,034	11,625	11,067	9,870	7,994	5,380
Comprehensive Income & Other	14,362	12,747	12,794	12,814	12,838	12,674
Total Common Equity	34,240	33,726	33,216	32,039	30,187	27,408
Minority Interest	3,938	3,860	4,358	3,919	4,083	3,938
Shareholders' Equity	38,178	37,586	37,574	35,958	34,270	31,346
Total Liabilities & Equity	115,651	115,185	115,545	101,545	97,548	99,303
Total Debt	52,703	69,502	68,398	57,353	54,694	57,957
Net Cash (Debt)	-49,888	-67,091	-66,453	-54,280	-52,253	-54,819
Net Cash Per Share	-6.67	-9.22	-9.14	-7.46	-7.18	-7.54
Filing Date Shares Outstanding	8,885	7,274	7,274	7,274	7,274	7,274
Total Common Shares Outstanding	8,885	7,274	7,274	7,274	7,274	7,274
Working Capital	2,486	508.4	-7,118	3,463	1,789	-941.7
Book Value Per Share	3.85	2.68	2.61	2.44	2.18	1.80
Tangible Book Value	32,822	33,310	32,748	31,679	29,836	27,026
Tangible Book Value Per Share	3.69	2.63	2.54	2.39	2.13	1.75
Buildings	-	7,406	6,138	5,492	5,100	4,590
Machinery	-	116,271	107,118	103,120	97,290	89,060
Construction In Progress	-	6,130	15,381	5,177	6,250	8,778

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