SHA:600236 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	1,875	965.67	740.42	597.21	1,562
Accounts Receivable	2,231	2,078	1,627	1,416	1,455
Other Receivables	60.1	74.52	69.58	42.53	52.92
Inventory	188.59	475.36	244.13	190.16	241.57
Prepaid Expenses	-	4.93	3.45	0.96	0.86
Other Current Assets	868.92	775.6	709.34	715.32	432.4
Total Current Assets	5,224	4,374	3,394	2,962	3,745
Property, Plant & Equipment	43,155	41,139	40,060	38,536	38,308
Goodwill	288.64	288.64	288.64	288.64	288.64
Other Intangible Assets	756.03	685.22	669.59	674.5	687.98
Long-Term Investments	1,618	1,532	1,423	1,383	1,315
Long-Term Deferred Tax Assets	104.16	105.86	66.09	34.76	28.81
Long-Term Deferred Charges	43.76	18.96	0.04	0.21	0.29
Other Long-Term Assets	1,377	2,064	1,379	1,362	233.54
Total Assets	52,567	50,208	47,280	45,242	44,607
Accounts Payable	2,153	306.95	182.66	186.72	165.33
Accrued Expenses	24.51	374.23	255.52	263.4	255.18
Short-Term Debt	8,889	10,408	8,659	4,051	2,779
Current Portion of Long-Term Debt	1,417	3,043	2,104	4,795	3,235
Current Unearned Revenue	1.34	2.02	4.85	74.28	4.66
Current Portion of Leases	-	338.46	124.91	91.78	37.54
Current Income Taxes Payable	643.75	40.5	13.29	20.44	19.43
Other Current Liabilities	250.51	2,378	1,976	1,915	2,122
Total Current Liabilities	13,380	16,891	13,320	11,398	8,617
Long-Term Debt	13,784	10,411	11,958	11,270	15,610
Long-Term Leases	782.98	413.68	600.44	455.13	401.7
Long-Term Unearned Revenue	386.31	387.1	155.85	34.18	37.95
Long-Term Deferred Tax Liabilities	124.77	118.97	92.6	61.74	52.06
Other Long-Term Liabilities	42.53	45.11	47.53	43.21	34.61
Total Liabilities	28,501	28,267	26,175	23,262	24,753
Common Stock	7,882	7,882	7,882	7,882	7,882
Additional Paid-In Capital	949.43	949.69	950.08	979.96	984.05
Retained Earnings	9,285	7,403	6,831	7,897	5,954
Comprehensive Income & Other	2,651	2,662	2,642	2,144	2,125
Total Common Equity	20,767	18,896	18,306	18,903	16,946
Minority Interest	3,299	3,044	2,799	3,077	2,908
Shareholders' Equity	24,067	21,940	21,105	21,980	19,854
Total Liabilities & Equity	52,567	50,208	47,280	45,242	44,607
Total Debt	24,874	24,614	23,446	20,663	22,062
Net Cash (Debt)	-22,998	-23,648	-22,706	-20,066	-20,500
Net Cash Per Share	-2.87	-2.87	-2.68	-2.50	-2.47
Filing Date Shares Outstanding	7,896	7,882	7,882	7,882	7,882
Total Common Shares Outstanding	7,896	7,882	7,882	7,882	7,882
Working Capital	-8,156	-12,517	-9,926	-8,435	-4,872
Book Value Per Share	2.63	2.08	2.00	2.14	1.89
Tangible Book Value	19,723	17,922	17,348	17,940	15,970
Tangible Book Value Per Share	2.50	1.95	1.88	2.02	1.77
Buildings	-	45,904	45,340	45,112	45,046
Machinery	-	33,882	31,561	29,324	28,441
Construction In Progress	-	3,841	4,159	3,539	2,501

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