SHA:600674 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	1,853	873.53	514.72	841.9	1,006	604.03
Trading Asset Securities	1,703	1,729	1,850	2,146	2,433	3,172
Accounts Receivable	757.37	837.94	799.45	740.43	488.31	487.76
Other Receivables	106.16	107.05	146.83	629.84	28.63	123.02
Inventory	121.31	79.17	69.4	101.13	121.23	132.57
Other Current Assets	48.08	10.1	11.27	7.8	19.49	24.26
Total Current Assets	4,589	3,637	3,392	4,467	4,096	4,543
Property, Plant & Equipment	11,269	10,734	9,472	8,826	7,643	6,194
Other Intangible Assets	479.28	494.66	485.52	500.94	299.75	285.46
Long-Term Investments	50,304	48,906	45,595	40,488	36,208	30,214
Long-Term Deferred Tax Assets	65.96	66.61	72.01	73.77	56.94	49.19
Long-Term Deferred Charges	12.33	15.13	16.8	21.32	21.11	6.35
Long-Term Accounts Receivable	-	15.46	13.64	10.42	-	-
Other Long-Term Assets	2,087	1,180	1,307	326.02	142.34	36.76
Total Assets	68,806	65,049	60,353	54,714	48,467	41,329
Accounts Payable	300.12	430.93	271.48	242.25	195.93	176.09
Accrued Expenses	257.76	683.96	643.73	623.49	560.38	477.63
Short-Term Debt	1,630	3,242	4,652	5,351	6,622	3,898
Current Portion of Long-Term Debt	2,317	828.98	2,972	1,316	275.25	590.78
Current Unearned Revenue	28.02	19.5	4.5	13.02	19.81	11.48
Current Portion of Leases	-	17.97	9.6	6.47	5.07	-
Current Income Taxes Payable	89.06	25.66	16.58	24.08	10.17	17.22
Other Current Liabilities	814	380.18	448.09	361.58	136.52	222.69
Total Current Liabilities	5,436	5,629	9,019	7,938	7,825	5,394
Long-Term Debt	14,426	12,730	9,426	10,839	7,750	5,598
Long-Term Leases	2,101	2,180	2,676	82.75	9.64	-
Long-Term Unearned Revenue	8.61	4.65	0.1	-	0.42	0.85
Pension & Post-Retirement Benefits	-	327.56	327.93	327.52	327.25	-
Long-Term Deferred Tax Liabilities	255.19	259.59	279.84	283.82	222.64	226.4
Other Long-Term Liabilities	363.5	31.35	31.78	44.41	42.84	351.96
Total Liabilities	22,589	21,163	21,760	19,515	16,178	11,571
Common Stock	4,875	4,875	4,580	4,461	4,406	4,402
Additional Paid-In Capital	8,232	8,232	5,620	4,572	4,088	4,054
Retained Earnings	30,660	28,388	25,830	22,810	21,058	19,644
Comprehensive Income & Other	619.03	643.55	1,062	1,974	1,695	695.51
Total Common Equity	44,385	42,138	37,092	33,817	31,247	28,796
Minority Interest	1,832	1,748	1,501	1,382	1,042	962.06
Shareholders' Equity	46,217	43,886	38,593	35,199	32,289	29,758
Total Liabilities & Equity	68,806	65,049	60,353	54,714	48,467	41,329
Total Debt	20,473	18,999	19,736	17,595	14,662	10,087
Net Cash (Debt)	-16,917	-16,397	-17,371	-14,607	-11,223	-6,311
Net Cash Per Share	-3.47	-3.38	-3.68	-3.13	-2.43	-1.37
Filing Date Shares Outstanding	4,875	4,875	4,580	4,461	4,406	4,402
Total Common Shares Outstanding	4,875	4,875	4,580	4,461	4,406	4,402
Working Capital	-846.78	-1,992	-5,627	-3,470	-3,729	-850.86
Book Value Per Share	9.11	8.64	8.10	7.58	7.09	6.54
Tangible Book Value	43,906	41,643	36,607	33,316	30,948	28,510
Tangible Book Value Per Share	9.01	8.54	7.99	7.47	7.02	6.48
Buildings	-	10,343	7,404	7,277	7,217	6,339
Machinery	-	5,076	3,772	3,715	2,909	2,675
Construction In Progress	-	386.45	3,094	2,335	1,711	884.67

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