Shanghai Electric Power 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	9,974	5,911	6,772	7,584	5,889
Short-Term Investments	-	-	-	-	220
Trading Asset Securities	-	183.09	195.04	248.06	-
Accounts Receivable	28,235	26,022	20,087	15,649	14,468
Other Receivables	1,733	1,320	1,258	1,352	1,042
Inventory	917.49	1,048	1,029	1,245	1,296
Prepaid Expenses	-	1.08	144.2	136.82	72.58
Other Current Assets	2,527	3,360	2,321	2,103	2,453
Total Current Assets	43,387	37,845	31,806	28,317	25,440
Property, Plant & Equipment	123,461	116,597	105,960	106,057	103,955
Goodwill	5.86	5.51	5.67	5.46	5.37
Other Intangible Assets	8,047	8,109	6,898	5,844	5,285
Long-Term Investments	20,336	20,045	19,181	17,156	16,273
Long-Term Deferred Tax Assets	319.97	300.13	277.79	205.87	250.07
Long-Term Deferred Charges	1,037	624.3	632.23	115.99	227.06
Other Long-Term Assets	10,028	5,852	3,812	4,276	5,506
Total Assets	206,622	189,378	168,572	161,978	156,942
Accounts Payable	9,500	9,783	7,786	9,104	11,840
Accrued Expenses	254.66	477.16	693.16	6,984	434.78
Short-Term Debt	23,395	31,847	26,777	21,791	31,960
Current Portion of Long-Term Debt	7,514	20,859	8,208	156.71	5,283
Current Unearned Revenue	52.24	89.97	88.88	89.1	90.39
Current Portion of Leases	-	263.67	254.22	216.24	135.57
Current Income Taxes Payable	616.23	210.07	118.35	265.64	249.65
Other Current Liabilities	18,047	5,390	3,904	4,469	3,744
Total Current Liabilities	59,379	68,919	47,829	43,076	53,737
Long-Term Debt	68,504	51,267	55,056	58,776	47,975
Long-Term Leases	2,571	12,926	12,625	13,524	14,929
Long-Term Unearned Revenue	1,088	1,046	1,051	1,073	1,124
Long-Term Deferred Tax Liabilities	672.33	687.12	502.99	387.32	333.42
Other Long-Term Liabilities	11,006	1,312	948.57	842.27	801.87
Total Liabilities	143,220	136,157	118,012	117,678	118,901
Common Stock	2,821	2,817	2,817	2,817	2,617
Additional Paid-In Capital	8,036	8,411	8,271	7,857	6,629
Retained Earnings	9,989	8,318	7,144	5,807	5,592
Comprehensive Income & Other	13,227	9,532	9,549	5,011	2,889
Total Common Equity	34,074	29,078	27,780	21,492	17,726
Minority Interest	29,327	24,143	22,780	22,809	20,315
Shareholders' Equity	63,401	53,221	50,560	44,300	38,040
Total Liabilities & Equity	206,622	189,378	168,572	161,978	156,942
Total Debt	101,984	117,162	102,920	94,464	100,282
Net Cash (Debt)	-92,010	-111,067	-95,953	-86,632	-94,174
Net Cash Per Share	-29.01	-39.43	-29.85	-19.00	-33.60
Filing Date Shares Outstanding	4,234	2,817	2,817	2,817	2,617
Total Common Shares Outstanding	4,234	2,817	2,817	2,817	2,617
Working Capital	-15,993	-31,074	-16,024	-14,758	-28,297
Book Value Per Share	8.05	6.88	6.42	5.79	5.55
Tangible Book Value	26,021	20,963	20,876	15,642	12,436
Tangible Book Value Per Share	6.15	4.00	3.97	3.72	3.53
Buildings	-	19,087	17,859	16,810	14,001
Machinery	-	132,300	122,826	116,681	101,461
Construction In Progress	-	13,797	7,265	8,904	19,399

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.