Zhejiang Zheneng Electric Power Co., Ltd. (SHA:600023)

SHA:600023 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	20,581	16,218	19,364	13,123	10,864	18,567
Trading Asset Securities	144.32	145.18	-	-	284.54	0.01
Accounts Receivable	10,067	13,217	14,704	9,363	9,481	7,109
Other Receivables	411.86	466.58	158.91	167.11	304.65	105.72
Inventory	4,659	5,885	6,538	5,536	4,329	2,734
Prepaid Expenses	-	-	-	0.7	-	-
Other Current Assets	2,901	2,362	1,680	1,555	1,888	1,326
Total Current Assets	38,763	38,294	42,444	29,745	27,152	29,842
Property, Plant & Equipment	63,172	61,406	54,222	48,218	49,510	49,950
Goodwill	745.03	745.03	1,241	-	-	-
Other Intangible Assets	2,795	2,869	2,965	2,439	2,385	2,127
Long-Term Investments	47,073	45,688	40,326	37,554	34,090	31,840
Long-Term Deferred Tax Assets	1,125	956.71	1,337	1,411	1,412	190.76
Long-Term Deferred Charges	518.93	562.83	621.5	687.79	416.93	327.88
Long-Term Accounts Receivable	1,918	1,940	2,056	-	-	-
Other Long-Term Assets	1,510	1,624	2,027	869.54	748.06	234.27
Total Assets	157,620	154,085	147,241	120,924	115,714	114,512
Accounts Payable	6,372	9,153	9,756	8,008	4,423	2,896
Accrued Expenses	800.05	834.23	1,256	671	905.39	1,029
Short-Term Debt	10,409	10,774	10,024	10,615	9,114	4,662
Current Portion of Long-Term Debt	9,360	7,237	5,852	4,255	2,888	3,332
Current Unearned Revenue	240.58	280.08	272.85	100.75	143.28	244.33
Current Portion of Leases	854.04	605.84	372.64	164.66	159.55	-
Current Income Taxes Payable	170.49	196.58	127.52	139.59	153.69	532.7
Other Current Liabilities	10,557	6,056	4,396	2,593	5,310	4,002
Total Current Liabilities	38,763	35,137	32,057	26,547	23,097	16,698
Long-Term Debt	25,322	27,357	32,026	24,540	18,136	18,663
Long-Term Leases	3,206	2,385	1,106	850.93	960.95	-
Long-Term Unearned Revenue	254.82	259.32	199.49	226.32	257.4	194.88
Long-Term Deferred Tax Liabilities	1,999	1,782	1,496	1,191	1,390	1,425
Other Long-Term Liabilities	309.14	345.27	388.35	79.48	64.63	1,218
Total Liabilities	69,855	67,265	67,274	53,434	43,906	38,198
Common Stock	13,409	13,409	13,409	13,409	13,601	13,601
Additional Paid-In Capital	24,212	24,126	23,910	23,954	24,363	24,309
Retained Earnings	31,847	32,224	27,823	21,303	23,194	26,581
Treasury Stock	-	-	-	-	-339.35	-
Comprehensive Income & Other	4,272	3,556	2,263	2,550	3,133	3,357
Total Common Equity	73,739	73,315	67,405	61,217	63,951	67,849
Minority Interest	14,025	13,505	12,563	6,273	7,858	8,466
Shareholders' Equity	87,764	86,821	79,967	67,490	71,809	76,314
Total Liabilities & Equity	157,620	154,085	147,241	120,924	115,714	114,512
Total Debt	49,152	48,358	49,381	40,426	31,259	26,657
Net Cash (Debt)	-28,427	-31,995	-30,017	-27,302	-20,110	-8,090
Net Cash Per Share	-2.13	-2.39	-2.26	-2.09	-1.44	-0.60
Filing Date Shares Outstanding	13,409	13,409	13,409	13,409	13,510	13,601
Total Common Shares Outstanding	13,409	13,409	13,409	13,409	13,510	13,601
Working Capital	-0.36	3,158	10,387	3,198	4,055	13,144
Book Value Per Share	5.50	5.47	5.03	4.57	4.73	4.99
Tangible Book Value	70,200	69,701	63,198	58,777	61,566	65,721
Tangible Book Value Per Share	5.24	5.20	4.71	4.38	4.56	4.83
Buildings	34,099	33,270	31,789	30,286	29,880	-
Machinery	114,686	111,073	101,471	92,072	91,567	-
Construction In Progress	4,365	5,181	6,427	4,967	1,847	-

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