Shanghai Electric Group 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	44,338	37,308	32,569	30,252	26,345	25,359
Short-Term Investments	-	19,823	13,233	12,591	15,486	7,570
Trading Asset Securities	6,573	8,387	7,780	7,492	7,657	7,603
Cash & Short-Term Investments	50,912	65,519	53,581	50,336	49,488	40,533
Cash Growth	14.16%	22.28%	6.45%	1.71%	22.09%	0.58%
Accounts Receivable	64,162	65,822	64,526	69,521	70,309	77,072
Other Receivables	3,743	3,527	5,047	5,984	6,216	8,850
Receivables	83,560	92,427	100,440	95,835	107,062	119,969
Inventory	52,360	47,296	34,550	32,424	30,872	32,879
Other Current Assets	38,162	15,865	15,218	13,320	13,731	16,395
Total Current Assets	224,994	221,107	203,789	191,914	201,154	209,776
Property, Plant & Equipment	31,789	31,093	26,564	23,772	25,112	26,355
Long-Term Investments	21,882	21,923	20,773	21,304	18,605	18,450
Goodwill	3,006	3,070	2,921	3,245	3,289	3,955
Other Intangible Assets	10,737	10,910	12,021	12,257	12,583	12,957
Long-Term Accounts Receivable	-	15,750	15,357	14,924	15,277	14,878
Long-Term Deferred Tax Assets	8,236	8,279	8,690	8,301	7,733	8,078
Long-Term Deferred Charges	659.07	599.07	503.29	535.81	591.3	649.48
Other Long-Term Assets	19,337	2,796	1,973	1,348	1,018	2,426
Total Assets	327,716	325,371	302,505	286,165	288,021	300,802
Accounts Payable	85,988	87,340	75,694	71,685	73,466	77,882
Accrued Expenses	3,910	20,734	19,881	20,065	19,578	17,902
Short-Term Debt	14,346	10,067	9,548	9,272	8,661	11,836
Current Portion of Long-Term Debt	5,628	6,490	9,556	6,131	7,999	6,514
Current Portion of Leases	-	406.94	377.22	299.55	356.2	475.79
Current Income Taxes Payable	1,754	1,382	1,188	1,124	981.91	958.69
Current Unearned Revenue	72,131	69,000	57,929	44,207	38,743	39,160
Other Current Liabilities	27,697	13,857	16,318	14,911	13,740	14,150
Total Current Liabilities	211,454	209,278	190,492	167,695	163,525	168,879
Long-Term Debt	28,790	28,833	27,682	31,643	22,396	26,336
Long-Term Leases	1,854	1,793	1,464	1,151	1,077	1,028
Long-Term Unearned Revenue	1,206	1,187	1,211	1,415	1,623	1,891
Pension & Post-Retirement Benefits	-	114.36	108.41	106.35	93.77	132.02
Long-Term Deferred Tax Liabilities	665.07	648.57	714.14	614.5	836.32	775.65
Other Long-Term Liabilities	3,451	3,610	3,454	3,685	4,274	3,616
Total Liabilities	247,420	245,464	225,125	206,311	193,827	202,658
Common Stock	15,540	15,540	15,580	15,580	15,580	15,706
Additional Paid-In Capital	18,955	18,999	18,727	21,834	21,838	22,046
Retained Earnings	20,274	19,894	18,687	18,157	17,326	21,125
Treasury Stock	-	-	-	-	-	-382.27
Comprehensive Income & Other	122.51	261.98	195.24	155.66	118.9	-359.88
Total Common Equity	54,892	54,695	53,190	55,726	54,862	58,134
Minority Interest	25,403	25,212	24,190	24,129	39,332	40,010
Shareholders' Equity	80,296	79,907	77,380	79,854	94,194	98,144
Total Liabilities & Equity	327,716	325,371	302,505	286,165	288,021	300,802
Total Debt	50,618	47,590	48,627	48,497	40,490	46,190
Net Cash (Debt)	293.48	17,929	4,954	1,838	8,998	-5,657
Net Cash Growth	-	261.90%	169.52%	-79.57%	-	-
Net Cash Per Share	0.02	1.15	0.32	0.12	0.58	-0.36
Filing Date Shares Outstanding	15,540	15,540	15,580	15,580	15,580	15,706
Total Common Shares Outstanding	15,540	15,540	15,580	15,580	15,580	15,706
Working Capital	13,540	11,830	13,297	24,219	37,628	40,897
Book Value Per Share	3.53	3.52	3.41	3.58	3.52	3.70
Tangible Book Value	41,149	40,715	38,249	40,224	38,991	41,223
Tangible Book Value Per Share	2.65	2.62	2.46	2.58	2.50	2.62
Buildings	-	18,863	18,314	17,753	16,819	15,170
Machinery	-	28,062	24,656	23,525	22,891	22,460
Construction In Progress	-	5,450	3,778	1,934	3,428	5,024

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