SHA:600744 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	1,078	2,336	730.65	2,040	1,038	1,356
Accounts Receivable	1,303	1,748	1,906	1,456	2,485	1,960
Other Receivables	155.14	164.15	178.35	683.28	628.47	401.12
Inventory	483.52	557.04	578.6	542.33	1,126	565.09
Other Current Assets	1,151	936.83	1,094	1,220	612.84	356.94
Total Current Assets	4,170	5,743	4,488	5,942	5,890	4,639
Property, Plant & Equipment	19,407	17,677	15,272	12,943	11,790	11,145
Goodwill	1.92	1.92	1.92	1.92	1.92	1.92
Other Intangible Assets	735.29	744.85	757.19	822.34	963.44	793.37
Long-Term Investments	576.24	508.06	394.69	243.09	857.22	1,145
Long-Term Deferred Tax Assets	48.37	47.34	16.52	12.3	7.95	10.4
Long-Term Deferred Charges	49.4	53.55	61.41	69.08	99.96	123.39
Other Long-Term Assets	3,290	3,293	3,068	1,449	234	211.94
Total Assets	28,279	28,068	24,060	21,483	19,844	18,070
Accounts Payable	1,224	591.25	613.25	880.99	1,800	733.98
Accrued Expenses	39.41	250.34	357.63	162.32	218.24	170.23
Short-Term Debt	3,187	5,052	3,832	3,817	6,316	4,667
Current Portion of Long-Term Debt	2,758	3,543	2,375	2,288	942.39	-
Current Unearned Revenue	15.45	5.67	7.35	11.07	39.6	73.7
Current Portion of Leases	-	3.69	31.61	194.87	416.37	-
Current Income Taxes Payable	75.48	8.53	7.05	5.37	7.24	39.55
Other Current Liabilities	1,415	1,879	2,375	1,908	1,868	2,534
Total Current Liabilities	8,715	11,333	9,599	9,268	11,608	8,218
Long-Term Debt	16,657	14,578	12,232	9,742	6,118	5,220
Long-Term Leases	277.07	210.03	220.1	751.7	1,184	-
Long-Term Unearned Revenue	121.74	125.18	153.71	170.34	220.52	280.41
Long-Term Deferred Tax Liabilities	46.49	46.52	13.7	8.75	-	-
Other Long-Term Liabilities	193.79	13.41	14.45	33.11	46.65	1,390
Total Liabilities	26,011	26,305	22,233	19,975	19,177	15,109
Common Stock	2,031	2,031	2,031	2,031	1,781	1,781
Additional Paid-In Capital	5,208	5,203	5,207	5,204	4,632	4,857
Retained Earnings	-5,834	-6,176	-6,043	-5,854	-5,876	-3,599
Comprehensive Income & Other	534.44	506.76	505.87	0.07	-	-
Total Common Equity	1,940	1,565	1,701	1,381	536.82	3,039
Minority Interest	328.01	197.62	126.11	127.7	130.03	-77.89
Shareholders' Equity	2,268	1,763	1,827	1,509	666.84	2,962
Total Liabilities & Equity	28,279	28,068	24,060	21,483	19,844	18,070
Total Debt	22,879	23,386	18,691	16,794	14,977	9,887
Net Cash (Debt)	-21,801	-21,050	-17,961	-14,754	-13,939	-8,531
Net Cash Per Share	-10.59	-10.37	-8.84	-6.10	-7.81	-4.92
Filing Date Shares Outstanding	2,031	2,031	2,031	2,031	1,781	1,781
Total Common Shares Outstanding	2,031	2,031	2,031	2,031	1,781	1,781
Working Capital	-4,545	-5,590	-5,111	-3,326	-5,718	-3,579
Book Value Per Share	0.70	0.52	0.59	0.68	0.30	1.71
Tangible Book Value	1,203	818.64	941.44	556.69	-428.55	2,244
Tangible Book Value Per Share	0.34	0.16	0.22	0.27	-0.24	1.26
Buildings	-	6,687	6,628	6,293	6,083	-
Machinery	-	26,862	25,331	20,806	18,472	-
Construction In Progress	-	3,326	2,201	2,286	1,739	-

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