SHA:600027 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	6,629	5,851	5,455	5,908	6,091	6,498
Short-Term Investments	88.11	58.49	172.9	24.65	73.51	94.19
Accounts Receivable	13,790	11,726	12,548	12,389	9,808	11,719
Other Receivables	1,434	946.94	1,178	1,234	2,142	1,293
Inventory	8,635	9,179	7,686	3,937	8,183	2,348
Other Current Assets	1,283	1,327	1,542	5,737	3,282	2,903
Total Current Assets	31,859	29,088	28,582	29,230	29,579	24,857
Property, Plant & Equipment	165,552	136,380	139,090	148,993	139,848	190,199
Goodwill	373.94	373.94	373.94	1,032	441.21	1,233
Other Intangible Assets	8,589	7,510	7,273	1,940	7,217	4,164
Long-Term Investments	50,902	47,466	44,298	41,852	37,955	12,331
Long-Term Loans Receivable	-	-	-	231.35	-	170.07
Long-Term Deferred Tax Assets	1,656	1,691	2,510	2,857	2,329	748.23
Long-Term Deferred Charges	649.02	627.85	523.85	-	-	180.89
Other Long-Term Assets	925.66	739.55	385.26	663.99	1,570	2,808
Total Assets	260,506	223,875	223,036	226,801	218,939	236,691
Accounts Payable	13,586	5,275	4,516	16,606	8,120	17,491
Accrued Expenses	608.88	860.9	1,209	1,343	1,751	1,868
Short-Term Debt	39,315	28,893	18,968	27,985	29,668	20,779
Current Portion of Long-Term Debt	21,933	19,082	27,160	12,105	14,295	10,732
Current Unearned Revenue	702.81	2,658	2,158	2,029	1,876	1,940
Current Portion of Leases	-	99.91	24.64	218.4	240.83	641.93
Current Income Taxes Payable	1,507	326.7	178.29	76.95	205.95	625.5
Other Current Liabilities	4,219	7,933	8,984	2,729	9,506	5,068
Total Current Liabilities	81,871	65,129	63,197	63,092	65,663	59,146
Long-Term Debt	70,362	67,753	71,395	84,774	74,194	74,898
Long-Term Leases	195.22	79.48	46.62	61.49	327.56	1,175
Long-Term Unearned Revenue	3,596	3,630	3,813	4,294	3,855	4,598
Pension & Post-Retirement Benefits	-	-	-	9.93	-	15.54
Long-Term Deferred Tax Liabilities	1,106	1,032	1,021	1,503	1,059	1,966
Other Long-Term Liabilities	234.5	174.35	183.49	59.73	196.26	499.18
Total Liabilities	157,364	137,797	139,657	153,794	145,294	142,298
Common Stock	11,612	10,228	10,228	9,870	9,870	9,863
Additional Paid-In Capital	18,202	15,177	14,358	-	13,209	-
Retained Earnings	18,434	16,612	14,227	12,901	16,050	23,241
Comprehensive Income & Other	21,434	25,318	30,944	38,638	22,788	40,041
Total Common Equity	69,681	67,335	69,756	61,409	61,916	73,145
Minority Interest	33,461	18,744	13,624	11,598	11,729	21,248
Shareholders' Equity	103,142	86,078	83,380	73,006	73,644	94,393
Total Liabilities & Equity	260,506	223,875	223,036	226,801	218,939	236,691
Total Debt	131,806	115,907	117,594	125,144	118,726	108,226
Net Cash (Debt)	-125,089	-109,997	-111,966	-119,212	-112,562	-101,634
Net Cash Per Share	-12.82	-10.70	-11.15	-12.08	-11.43	-10.30
Filing Date Shares Outstanding	11,612	10,228	10,228	9,870	9,870	9,863
Total Common Shares Outstanding	11,612	10,228	10,228	9,870	9,870	9,863
Working Capital	-50,012	-36,040	-34,615	-33,861	-36,084	-34,289
Book Value Per Share	4.19	4.14	3.82	3.84	4.00	4.92
Tangible Book Value	60,718	59,451	62,109	58,437	54,258	67,748
Tangible Book Value Per Share	3.42	3.37	3.08	3.54	3.22	4.37
Buildings	-	79,362	75,088	70,195	69,740	70,087
Machinery	-	180,130	178,708	158,396	159,162	184,675
Construction In Progress	-	6,931	7,353	14,843	15,859	22,362

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