State Grid Yingda Co.,Ltd. (SHA:600517)

State Grid Yingda 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	7,470	7,145	6,292	7,890	7,347	5,724
Short-Term Investments	666.58	3,786	3,718	1,493	560.5	-
Trading Asset Securities	17,630	16,867	15,323	11,837	11,671	10,718
Cash & Short-Term Investments	25,766	27,798	25,332	21,220	19,579	16,442
Cash Growth	-2.44%	9.73%	19.38%	8.38%	19.08%	12.35%
Accounts Receivable	3,852	3,627	4,089	4,008	4,756	5,220
Other Receivables	70.63	64.08	71.32	93.1	109.14	103.94
Receivables	9,305	6,795	7,088	7,235	8,579	8,067
Inventory	1,556	1,237	1,226	1,138	1,044	814.2
Prepaid Expenses	41.54	92.57	29.5	-	-	-
Other Current Assets	2,309	2,875	2,243	3,309	3,357	1,950
Total Current Assets	38,977	38,797	35,919	32,902	32,559	27,273
Property, Plant & Equipment	988.39	1,035	1,115	1,183	1,194	879.12
Long-Term Investments	4,291	4,885	5,440	8,750	9,692	10,215
Goodwill	140.88	140.88	140.88	201.06	201.06	201.06
Other Intangible Assets	493.65	512.72	501.28	502.91	448.9	408.34
Long-Term Accounts Receivable	-	-	0.48	23.54	83.6	69.83
Long-Term Deferred Tax Assets	873.43	845.43	941.69	807.31	462.77	300.62
Long-Term Deferred Charges	130.19	146.5	146.89	83.78	119.55	115.93
Other Long-Term Assets	188.2	207.92	123.23	133.61	148.44	197.87
Total Assets	46,083	46,570	44,328	44,587	44,909	39,680
Accounts Payable	5,328	4,812	4,473	4,235	4,291	3,803
Accrued Expenses	7,258	7,174	5,728	7,187	7,636	5,855
Short-Term Debt	5,782	8,056	8,575	8,971	9,375	7,287
Current Portion of Long-Term Debt	141.01	-	640.73	-	-	-
Current Portion of Leases	51.28	57.11	41.63	40.1	-	-
Current Income Taxes Payable	40.46	11.57	40.41	209.54	236.26	143.19
Current Unearned Revenue	148.53	113.42	136.1	84.59	186.17	106.74
Other Current Liabilities	379.05	569.12	773.64	687.78	697.15	1,020
Total Current Liabilities	19,128	20,793	20,409	21,415	22,422	18,215
Long-Term Debt	-	-	-	640.73	615.7	509.07
Long-Term Leases	304.05	285.38	294.52	303.31	313.1	-
Long-Term Unearned Revenue	8.42	8.44	4.7	5.54	5.58	6.79
Long-Term Deferred Tax Liabilities	180.89	178.1	153.53	163.86	169.52	135.06
Other Long-Term Liabilities	-	-	-	-	-	770.67
Total Liabilities	19,621	21,265	20,861	22,528	23,526	19,636
Common Stock	5,718	5,718	5,718	5,718	5,718	5,718
Additional Paid-In Capital	5,478	5,454	4,945	4,945	4,945	4,931
Retained Earnings	11,075	10,220	9,243	8,194	7,495	6,616
Comprehensive Income & Other	98.32	113.7	74.39	-12.69	180.28	4.42
Total Common Equity	22,370	21,506	19,981	18,844	18,339	17,270
Minority Interest	4,092	3,799	3,486	3,215	3,045	2,774
Shareholders' Equity	26,461	25,305	23,466	22,059	21,383	20,044
Total Liabilities & Equity	46,083	46,570	44,328	44,587	44,909	39,680
Total Debt	6,278	8,398	9,552	9,955	10,304	7,796
Net Cash (Debt)	19,488	19,399	15,780	11,266	9,275	8,646
Net Cash Growth	7.40%	22.93%	40.07%	21.46%	7.28%	4.30%
Net Cash Per Share	3.41	3.39	2.76	1.97	1.62	1.56
Filing Date Shares Outstanding	5,718	5,718	5,718	5,718	5,718	5,718
Total Common Shares Outstanding	5,718	5,718	5,718	5,718	5,718	5,718
Working Capital	19,850	18,004	15,510	11,487	10,137	9,058
Book Value Per Share	3.91	3.76	3.49	3.30	3.21	3.02
Tangible Book Value	21,735	20,853	19,339	18,141	17,689	16,661
Tangible Book Value Per Share	3.80	3.65	3.38	3.17	3.09	2.91
Buildings	775.36	779.38	788.15	805.71	805.85	812.66
Machinery	1,181	1,185	1,224	1,170	1,089	1,060
Construction In Progress	24.84	28.11	74.87	84.14	87.21	49.65

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