Shanghai Electric Power Co., Ltd. (SHA:600021)

Shanghai Electric Power Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	9,239	5,911	6,772	7,584	5,889	5,800
Short-Term Investments	-	-	-	-	220	-
Trading Asset Securities	-	183.09	195.04	248.06	-	-
Accounts Receivable	28,152	26,022	20,087	15,649	14,468	9,527
Other Receivables	1,579	1,320	1,258	1,352	1,042	1,230
Inventory	797.11	1,048	1,029	1,245	1,296	338.06
Prepaid Expenses	-	1.08	144.2	136.82	72.58	2.57
Other Current Assets	3,516	3,360	2,321	2,103	2,453	1,354
Total Current Assets	43,282	37,845	31,806	28,317	25,440	18,253
Property, Plant & Equipment	119,333	116,597	105,960	106,057	103,955	84,823
Goodwill	5.9	5.51	5.67	5.46	5.37	4.78
Other Intangible Assets	7,347	8,109	6,898	5,844	5,285	3,896
Long-Term Investments	20,627	20,045	19,181	17,156	16,273	15,328
Long-Term Deferred Tax Assets	313.63	300.13	277.79	205.87	250.07	190.64
Long-Term Deferred Charges	609.94	624.3	632.23	115.99	227.06	383.33
Other Long-Term Assets	9,340	5,852	3,812	4,276	5,506	6,203
Total Assets	200,857	189,378	168,572	161,978	156,942	129,082
Accounts Payable	9,030	9,783	7,786	9,104	11,840	6,045
Accrued Expenses	516.5	477.16	693.16	6,984	434.78	463.89
Short-Term Debt	23,351	31,847	26,777	21,791	31,960	26,355
Current Portion of Long-Term Debt	8,360	20,859	8,208	156.71	5,283	8,493
Current Unearned Revenue	178.94	89.97	88.88	89.1	90.39	160.34
Current Portion of Leases	-	263.67	254.22	216.24	135.57	-
Current Income Taxes Payable	757.61	210.07	118.35	265.64	249.65	155.87
Other Current Liabilities	14,887	5,390	3,904	4,469	3,744	2,201
Total Current Liabilities	57,082	68,919	47,829	43,076	53,737	43,873
Long-Term Debt	67,736	51,267	55,056	58,776	47,975	38,988
Long-Term Leases	2,653	12,926	12,625	13,524	14,929	9,676
Long-Term Unearned Revenue	1,019	1,046	1,051	1,073	1,124	1,159
Long-Term Deferred Tax Liabilities	673.24	687.12	502.99	387.32	333.42	106.49
Other Long-Term Liabilities	11,039	1,312	948.57	842.27	801.87	577.09
Total Liabilities	140,203	136,157	118,012	117,678	118,901	94,379
Common Stock	2,821	2,817	2,817	2,817	2,617	2,617
Additional Paid-In Capital	7,984	8,411	8,271	7,857	6,629	6,294
Retained Earnings	10,516	8,318	7,144	5,807	5,592	7,820
Comprehensive Income & Other	9,503	9,532	9,549	5,011	2,889	2,903
Total Common Equity	30,825	29,078	27,780	21,492	17,726	19,634
Minority Interest	29,829	24,143	22,780	22,809	20,315	15,069
Shareholders' Equity	60,654	53,221	50,560	44,300	38,040	34,703
Total Liabilities & Equity	200,857	189,378	168,572	161,978	156,942	129,082
Total Debt	102,101	117,162	102,920	94,464	100,282	83,511
Net Cash (Debt)	-92,862	-111,067	-95,953	-86,632	-94,174	-77,711
Net Cash Per Share	-26.47	-39.43	-29.85	-19.00	-33.60	-29.69
Filing Date Shares Outstanding	3,508	2,817	2,817	2,817	2,617	2,617
Total Common Shares Outstanding	3,508	2,817	2,817	2,817	2,617	2,617
Working Capital	-13,800	-31,074	-16,024	-14,758	-28,297	-25,620
Book Value Per Share	8.79	6.88	6.42	5.79	5.55	6.28
Tangible Book Value	23,472	20,963	20,876	15,642	12,436	15,733
Tangible Book Value Per Share	6.69	4.00	3.97	3.72	3.53	4.79
Buildings	-	19,087	17,859	16,810	14,001	13,927
Machinery	-	132,300	122,826	116,681	101,461	79,689
Construction In Progress	-	13,797	7,265	8,904	19,399	19,292

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.