Huaneng Lancang River Hydropower Inc. (SHA:600025)

SHA:600025 Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	4,734	3,943	3,093	1,760	2,509	1,510
Accounts Receivable	3,318	2,582	1,962	1,971	1,799	1,917
Other Receivables	786.77	696.37	764.49	418.94	249.5	141.54
Inventory	53.69	46.2	40.26	44.1	49.53	44.03
Prepaid Expenses	-	1.96	9.41	16.59	-	22.12
Other Current Assets	727.48	893.59	192.37	129.05	122.26	32.35
Total Current Assets	9,620	8,163	6,062	4,340	4,730	3,667
Property, Plant & Equipment	208,375	203,953	193,993	177,706	164,457	145,360
Other Intangible Assets	5,670	6,034	6,308	6,335	6,375	6,009
Long-Term Investments	5,415	5,293	5,146	4,969	4,803	4,425
Long-Term Deferred Tax Assets	388.21	396.31	238.14	216.02	167.46	73.59
Long-Term Deferred Charges	31.83	33.34	28.47	114.86	90.74	26.43
Long-Term Accounts Receivable	-	32.55	35.6	39.16	-	-
Other Long-Term Assets	3,360	2,812	2,796	1,519	1,008	1,093
Total Assets	232,859	226,717	214,607	195,239	181,631	160,654

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	302.73	294.96	316.74	339.52	394.37	145.33
Accrued Expenses	736.73	1,137	1,036	923.43	848.92	281.72
Short-Term Debt	22,890	18,409	19,259	13,164	9,369	7,138
Current Portion of Long-Term Debt	7,602	13,341	12,057	6,881	7,049	8,801
Current Unearned Revenue	3.84	0.87	-	-	-	12.33
Current Portion of Leases	-	24.84	33.68	58.09	0.51	3.85
Current Income Taxes Payable	1,425	555.41	180.34	266.33	163.3	90.72
Other Current Liabilities	7,655	10,640	9,884	7,406	6,163	6,152
Total Current Liabilities	40,614	44,403	42,766	29,039	23,989	22,625
Long-Term Debt	94,976	92,943	91,704	94,805	82,108	71,447
Long-Term Leases	1,050	873.18	494.11	256.98	66.42	4.25
Long-Term Unearned Revenue	27.61	21.09	17.36	14.82	13.22	6.61
Long-Term Deferred Tax Liabilities	89.1	89.1	187.14	147.55	112.28	91.84
Other Long-Term Liabilities	272.09	273.69	269.17	252.75	236.36	252.95
Total Liabilities	137,029	138,602	135,439	124,516	106,526	94,428

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	18,631	18,631	18,000	18,000	18,000	18,000
Additional Paid-In Capital	17,971	17,974	12,821	12,827	21,418	18,892
Retained Earnings	35,398	31,893	27,366	22,766	18,767	14,128
Comprehensive Income & Other	17,261	13,461	15,414	13,737	13,602	13,343
Total Common Equity	89,262	81,960	73,601	67,329	71,787	64,364
Minority Interest	6,568	6,155	5,567	3,394	3,318	1,863
Shareholders' Equity	95,829	88,115	79,168	70,723	75,105	66,227
Total Liabilities & Equity	232,859	226,717	214,607	195,239	181,631	160,654

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	126,518	125,591	123,548	115,166	98,594	87,394
Net Cash (Debt)	-121,784	-121,648	-120,455	-113,406	-96,085	-85,884
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-6.31	-6.44	-6.39	-5.94	-4.91	-4.71
Filing Date Shares Outstanding	18,631	18,631	18,000	18,000	18,000	18,000
Total Common Shares Outstanding	18,631	18,631	18,000	18,000	18,000	18,000
Working Capital	-30,995	-36,240	-36,704	-24,699	-19,260	-18,958
Book Value Per Share	3.92	3.73	3.28	3.02	3.27	2.86
Tangible Book Value	83,592	75,926	67,293	60,994	65,413	58,355
Tangible Book Value Per Share	3.62	3.40	2.93	2.67	2.91	2.52
Buildings	-	198,487	184,022	168,836	167,768	151,989
Machinery	-	59,582	45,647	39,412	33,904	28,221
Construction In Progress	-	28,618	40,996	40,960	28,807	16,356

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 1, 2026

Data Sources Report a data error